24th May Daily Current Affairs 2023 refers to the latest news and events happening around the world and are relevant to our daily lives. Staying updated with the 24th May Daily Current Affairs 2023 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 24th May Daily Current Affairs 2023 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities. 24th May Daily Current Affairs 2023 also provides students with insights into various issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing 24th May Daily Current Affairs 2023 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.
PM Modi speaks at the 76th World Health Assembly in Geneva, Switzerland
Indian Prime Minister Shri Narendra Modi addressed the 76th World Health Assembly in Geneva, Switzerland. He praised the WHO for 75 years of service and emphasized collaboration, global health equity, and India’s contributions, including supplying nearly 300 million COVID-19 vaccine doses to over 100 countries. PM Modi recognized traditional healthcare systems and announced the establishment of the first Global Centre for Traditional Medicine in India. He showcased India’s healthcare achievements, such as the Ayushman Bharat scheme and improved infrastructure. PM Modi expressed support for the WHO’s future efforts and India’s commitment to international cooperation in global healthcare. Read the complete article here
China is now The World’s Largest Car Exporter
China has emerged as the top global auto exporter, driven by the increasing demand for electric vehicles and higher shipments to Russia. According to the China Association of Automobile Manufacturers, China exported 1.07 million automobiles between January and March 2023, showing a significant 58% increase compared to the previous year.
The trade sanctions and the war in Ukraine have led to significant export growth from China to Russia. Russia became the primary export market for Chinese vehicles, receiving 140,000 units in Q1 2023. Read the complete article here
Sapre Committee appointed by Supreme Court submits report on Adani-Hindenburg issue
The Supreme Court-appointed Expert Committee provided an update on the Adani-Hindenburg controversy. It is investigating violations related to minimum public shareholding, disclosure of relevant information, and stock price manipulation. More investigation is needed, and SEBI requested an extension. The committee highlights the importance of effective enforcement policies aligned with legislative policies. SEBI’s surveillance found no evidence of artificial trading. The Supreme Court granted SEBI an extension until August 14, 2023, for completing the investigation. Read the complete article here
Indian Commonwealth Day 2023
Commonwealth Day is a global celebration observed annually on March 13th, although in India and some other countries, it is commemorated on May 24th.
Commonwealth Day is a special occasion celebrated by 54 Commonwealth nations that carry a deep symbolic meaning. It serves as a reminder of the unity, solidarity, and camaraderie among member nations of the Commonwealth. This special day allows Commonwealth countries to reaffirm their commitment to fundamental principles such as equality, peace, and democracy. Read the complete article here
Namdev Shirgaonkar was Elected Unopposed President of India Taekwondo
Namdev Shirgaonkar, hailing from Maharashtra, has been re-elected as the President of India Taekwondo. The elections for the executive committee took place, and Shirgaonkar was elected unopposed. He is not only a Taekwondo practitioner with a black belt but also serves as the secretary-general of the Maharashtra Olympic Association (MOA).
India Taekwondo is the national governing body for the sport of Taekwondo in India. It is responsible for promoting, organizing, and overseeing Taekwondo activities and competitions within the country. Read the complete article here
RBI Expects Q1 GDP Growth at 7.6%
The Reserve Bank of India (RBI) has released its latest economic activity forecast, predicting a robust GDP growth rate of 7.6% for the first quarter of the fiscal year 2023-2024 (Q1 FY24). According to the RBI’s analysis, India’s domestic economy has maintained the positive momentum observed in the previous quarter of FY23.
India’s domestic economy has demonstrated ongoing positive momentum, as indicated by the RBI’s economic activity index. Despite the difficulties presented by the pandemic, the country’s overall economic activity has exhibited resilience. Read the complete article here
‘Khelo India Games’ Third Edition starts in Uttar Pradesh
The third edition of the Khelo India University Games (KIUG) has commenced in Uttar Pradesh, featuring over 4,000 athletes and officials from 207 universities across the country. The 12-day event showcases 21 disciplines, with the majority of competitions held in Uttar Pradesh and shooting events taking place in New Delhi. The Games include kabaddi matches and an opening ceremony, along with the debut of water sports at Taal Lake. Challenges in sports infrastructure are acknowledged, but the Games aim to spur development in this area. Fair play and increased visibility for university athletes are emphasized. The event is expected to have positive impacts on Uttar Pradesh’s sporting landscape. Read the complete article here
Axiom Space’s Private Astronaut Mission Tests Cancer Drugs in Space
Axiom Space has launched its latest mission, Axiom Mission 2 (Ax-2), to the International Space Station (ISS) with a focus on groundbreaking experiments in stem cell aging, inflammation, and cancer. The mission aims to deepen our understanding of accelerated aging and immune dysfunction in microgravity and test inhibitory drugs for breast cancer.
It also evaluates the effects of the space environment on blood stem cells. The collaboration with the University of California-San Diego and the JM Foundation, funded by NASA, emphasizes the significance of this research. The findings hold potential for advancing cancer treatments and improving healthcare on Earth, while Axiom Space remains committed to pushing the boundaries of research and contributing to space exploration and medical advancements. Read the complete article here
BFI President Dr. K. Govindaraj Ist Indian to become FIBA Asia President
Dr. K. Govindaraj, a Congress MLC, has been elected as the President of FIBA Asia, the International Basketball Federation in Asia. He is also the President of the Basketball Federation of India and the Karnataka Olympic Association. This historic nomination marks the first time an Indian has been chosen to lead FIBA Asia, which represents 44 countries.
FIBA, or the International Basketball Federation, is the governing body for basketball worldwide. It is responsible for organizing and overseeing international basketball competitions, setting the rules of the game, and promoting the development of basketball globally. Read the complete article here