6th March 2024 Daily Current Affairs 

6th March 2024 Daily Current Affairs

Sports

1. Sports Ministry revokes suspension of Paralympic Committee of India

• The Sports Ministry has revoked the suspension of the Paralympic Committee of India (PCI) with immediate effect
• The Sports Ministry said in a letter to the Paralympic Committee of India that the main ground for suspension is being addressed and PCI will be hosting the 2024 World Shooting Para Sport World Cup from 6th March to 15 March, 2024 at New Delhi
• The Ministry in February 2024, had suspended the government recognition of PCI due to delay in holding the election.

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National Affairs

2. PM Modi inaugurates India’s first underwater metro service in Kolkata

• Prime Minister Narendra Modi inaugurates India’s first under-river metro tunnel in Kolkata.
• The Kolkata Metro extension, especially the Howrah Maidan-Esplanade Metro section, features the country’s first tunnel under a major river, while the Howrah Metro Station is the deepest (33 meters below the surface), one of its kind in the country.
• PM Modi also inaugurated the Kavi Subhash-Hemanta Mukhopadhyay and Taratala-Majerhat sections of the Kolkata metro.

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National & International Appointments

3. RBI appoints S. Ravindran as TMB’s part-time chairman

• The Reserve Bank of India (RBI) has approved the appointment of S Ravindran as the part-time chairman of Tuticorin-based Tamilnad Mercantile Bank (TMB) till August 2, 2026.
• Currently, Mr. Ravindran is an independent director on the boards of NSE, LTIDPL Invite Services, Shriram Finance and Bandhan AMC.
• TMB Ltd is a private sector scheduled bank with a base in south India.

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International Affairs

4. Donald Trump wins Colorado ballot disqualification case in Supreme Court

• The US Supreme Court delivered a significant victory to Donald Trump, overturning a judicial decision that had barred him from Colorado’s ballot.
• This exclusion was based on a constitutional provision related to incitement and support for the 6th of January, 2021, Capitol attack.
• Mr Trump is the frontrunner for the Republican nomination to challenge Democratic President Joe Biden in the 5th November  U.S. election.

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Banking & Finance

5. State Bank of India Achieves Landmark of 500 Million Customers

• The State Bank of India (SBI) has announced that it has crossed the significant milestone of having over 50 crore customers.
• Dinesh Khara, the Chairman of SBI, expressed gratitude to the bank’s customers for their trust and support.
• In addition to the customer milestone, SBI surpassed IT giant Infosys to become the 5th most valued firm in the country by market valuation.
• Top 5 most valued firms, Reliance Industries,Tata Consultancy Services, HDFC Bank, ICICI Bank, SBI

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National Affairs

6. Cuttack Rupa Tarakasi, Banglar muslin get GI tag

• The famous Cuttack Rupa Tarakasi (Silver Filigree) has been given the Geographical Indication (GI) tag by the Geographical Indications Registry in Chennai.
• The application for this was filed by the Odisha State Co-operative Handicrafts Corporation Limited and was facilitated by the Department of Textile and Handicrafts, Government of Odisha.
• Filigree has been traditionally associated with fine craftsmanship and luxurious design in classical jewellery.

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Defense

7. NASA and ISRO set to launch NISAR Satellite

• The NASA-ISRO Synthetic Aperture Radar (NISAR) mission, designed to observe natural processes and changes in earth’s complex ecosystems, is on track for an “early 2024” launch.
• The final tests on the joint NASA-ISRO earth-observing mission are scheduled for this week.
• The mission will use a synthetic aperture radar to scan earth’s land and ice-covered regions twice every 12 days in ascending and descending passes.

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National & International Appointments

8. Sunrisers Hyderabad appoint Pat Cummins as captain ahead of IPL 2024

• Sunrisers Hyderabad (SRH) appointed Australia’s 2023 World Cup winning captain Pat Cummins (30-year) as their skipper for the upcoming Indian Premier League (IPL) season.
• Cummins takes over the captaincy from South African batter Aiden Markram.
• He was bought by SRH for a whopping Rs 20.5 crores in the IPL auction last year.

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Defense

9. Indian Navy Conducts Twin-Carrier Operations

• Union Defence Minister Rajnath Singh embarked at sea to witness the Indian Navy’s ability to conduct ‘twin-carrier operations’.
• The demonstration was held as part of the first edition of the Naval Commanders’ Conference which is being held in hybrid form this time.
• During the inaugural session, both the aircraft carriers showcased their ability to safeguard India’s maritime interests.

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5th March 2024 Daily Current Affairs