Daily Current Affairs 9th May, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 9th May, 2024. It includes all Major National, International, Business and Sports related current affairs of 9th May, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 9th May, 2024 Current affairs test.
National News
India’s Toy Exports Fall to $152.34 Million in 2023-24: GTRI Report
India’s toy exports have dipped to USD 152.34 million in the 2023-24 fiscal year, despite the implementation of quality control measures. The measures aimed at improving domestic production and ensuring product safety haven’t significantly boosted export numbers.
International News
John Swinney, Scotland’s New First Minister and Veteran SNP Leader
John Swinney, a veteran member of the Scottish National Party (SNP), has been elected the party’s new leader. This positions him to become Scotland’s new First Minister, succeeding Humza Yousaf. He was the only candidate in the race for leadership, underscoring his significant standing in Scottish politics.
Appointments News
IRDAI Approves Appointment of Keki Mistry as Chairman of HDFC Life
Following Deepak Parekh’s resignation as Chairman, HDFC Life Insurance selected Keki Mistry as his successor. The appointment received approval from the Insurance Regulatory and Development Authority of India (IRDAI).
Business News
P-note Investments in Indian Markets Soar to Nearly 6-Year High
The investment via participatory notes (P-notes) in India’s capital markets soared to Rs 1.5 lakh crore by February 2024, the highest in almost six years. This rise spans Indian equity, debt, and hybrid securities and reflects the country’s strong economic performance.
Setu Unveils Sesame, India’s First BFSI-Focused Large Language Model
Setu, an Indian fintech company under the Pine Labs Group, has introduced Sesame, India’s first Large Language Model (LLM) geared specifically toward the banking, financial services, and insurance (BFSI) sector. The model was created in collaboration with Sarvam AI, an indigenous AI research firm, and represents a major step forward for AI in financial services.
India Leads Global Remittances, Surpassing $100 Billion Mark
India led the global remittance figures in 2022, receiving over $111 billion, surpassing the $100 billion milestone for the first time. The International Organisation for Migration (IOM) listed India, Mexico, China, the Philippines, and France as the top five countries for remittances.
NCLT Approval: Sapphire Media’s Acquisition of Big 92.7 FM
The National Company Law Tribunal (NCLT) in Mumbai approved Sapphire Media’s acquisition of Reliance Broadcast Network’s Big 92.7 FM. This decision follows a resolution process initiated under the Insolvency and Bankruptcy Code in February 2023.
Defence News
IAF Conducts Bambi Bucket Operations to Combat Forest Fires in Uttarakhand
In response to forest fires in the Pauri Garhwal sector of Uttarakhand, the Indian Air Force (IAF) deployed Mi17 V5 helicopters to carry out Bambi Bucket operations, helping to contain the fires and provide crucial assistance.
Sports News
Yuzvendra Chahal Creates History to Become First Indian Bowler to 350 T20 Wickets
Yuzvendra Chahal, a leg-spinner from the Rajasthan Royals, has made history by becoming the first Indian bowler to achieve 350 wickets in T20 cricket. He reached this milestone during the ongoing season of the Indian Premier League (IPL).
Obituaries News
Filmmaker Sangeeth Sivan Passes Away At 61
Renowned filmmaker Sangeeth Sivan passed away at 61. His filmography includes popular Malayalam films such as “Vyooham,” “Daddy,” “Gandharvam,” and “Yodha.” He also directed 10 Hindi movies like “Kya Kool Hai Hum” and “Apna Sapna Money Money.”
Miscellaneous News
National Archives of India Acquires Invaluable Collection of Shri Rafi Ahmad Kidwai
The National Archives of India (NAI) has secured a valuable collection of private documents and correspondence of Shri Rafi Ahmad Kidwai, a significant figure in India’s independence movement and nation-building. This acquisition will help preserve an important part of India’s history and his legacy.
Understanding West Nile Fever: A Mosquito-Borne Viral Infection
West Nile fever is a disease caused by the West Nile virus (WNV), which is mainly transmitted through the bites of infected Culex mosquitoes. The disease was first detected in Uganda in 1937 and has since spread worldwide. In India, the first case was identified in Kerala in 2011.
