- Mukesh Ambani’s Ranking and Wealth:
- Ranked 12th with $110 billion wealth.
- Chairman and Managing Director of Reliance Industries Limited (RIL).
- RIL operates across petrochemicals, oil and gas, telecom, retail, and financial services, contributing to Ambani’s global wealth.
- Gautam Adani’s Comeback:
- Ranked 14th with $100 billion wealth.
- Adani Group’s interests span ports, airports, power generation, green energy, and more.
- Rebounded from challenges in 2023, cleared of accusations, and saw resurgence in share prices.
- First Woman to Reach $100 Billion:
- Bettencourt Meyers, owner of L’Oreal, reached $101 billion wealth, ranking 14th.
- L’Oreal’s strong performance led to this milestone, marking significant gender representation among the wealthiest individuals.
- Richest Person in South America:
- Carlos Slim of Mexico, with $106 billion wealth, ranked 13th.
- Diverse business interests include construction, telecommunications, and retail, making him the richest person in South America.
- World’s Richest Man:
- Bernard Arnault, founder and CEO of LVMH, leads with $222 billion wealth.
- LVMH’s luxury brands maintain robust performance, securing Arnault’s top position globally.
- Other Notable Rankings:
- Jeff Bezos: Second richest with $208 billion.
- Elon Musk: Third richest with $187 billion, despite a significant drop in wealth this year.
Buddha Purnima, also known as Buddha Jayanti or Vesak, is a significant Buddhist festival observed across South, Southeast, and East Asia. It commemorates the birth, enlightenment, and death of Gautama Buddha. On this day, Buddhists gather at monasteries, worship Buddha idols, hold prayer meetings, and engage in religious discussions. The festival is marked by cultural events, including the preparation of symbolic dishes like “Kheer.” International celebrations extend to countries like Sri Lanka, Indonesia, and Malaysia, emphasizing peace and compassion.
- IndiaAI Mission Funding: The Cabinet has approved over Rs 10,300 crore for the IndiaAI Mission. This five-year public-private partnership aims to enhance AI innovation through initiatives like expanding compute infrastructure, empowering startups, and ensuring ethical AI deployment.
- Artara’24 Fine Arts Exhibition: The Artara’24 Fine Arts Exhibition and Competition in Dubai has become a premier platform for showcasing and nurturing Indian artistic talent, especially among the Indian diaspora in Dubai.
International Women in Maritime Day: The Ministry of Ports, Shipping and Waterways celebrated International Women in Maritime Day by honoring 27 women seafarers for their contributions, aiming to promote gender equality in the maritime industry.
- Antarctic Tourism Regulation Discussions: India will facilitate the first-ever focused discussions on regulating Antarctic tourism at the 46th Antarctic Treaty Consultative Meeting and the 26th Committee for Environmental Protection Meeting.
- India’s Market Capitalization: India’s market capitalization has reached $5 trillion, a historic achievement made in less than six months since crossing the $4 trillion mark, reflecting strong economic resilience and investor confidence.
- DD Kisan’s AI Anchors: On its 9th anniversary, DD Kisan will introduce Krish and Bhoomi, the first AI anchors in India’s government broadcasting, demonstrating a commitment to leveraging advanced technology for the agricultural community.
- Growth in Crude Steel Production: India, the world’s second-largest crude steel producer, recorded a 3.9% growth in April 2024, making it the only top five crude steel producer to achieve positive growth, according to the World Steel Association.
Assam’s Disaster Management System: Assam has launched the Disaster Reporting and Information Management System (DRIMS) by ASDMA. This digital platform aims to enhance disaster management by streamlining damage reporting and assessment, ensuring prompt aid disbursal to affected individuals.
- Karnataka’s Job Reservation for Women: The Karnataka government has mandated a 33% reservation for women in outsourced government jobs. This applies to positions lasting more than 45 days and involving over 20 employees, aligning with existing quotas for permanent roles.
- China Sanctions US Defense Companies: China has sanctioned Boeing and two other US defense firms over arms sales to Taiwan. This move coincided with Taiwan’s presidential inauguration, underscoring regional tensions.
- Venezuela Loses All Glaciers: Venezuela has likely become the first modern nation to lose all its glaciers, with the reclassification of the Humboldt glacier as an ice field, highlighting the severe impacts of climate change.
- Japan Unveils High-Speed 6G Device: A Japanese consortium has introduced the prototype of the world’s first high-speed 6G device, promising unprecedented data transfer rates and opening new technological possibilities.
Scotland Cricket Team’s Nandini Jersey: The Scotland cricket team has revealed its new ICC T20 World Cup jersey featuring the Karnataka Milk Federation’s (KMF) Nandini logo, symbolizing a unique collaboration between cricket and dairy sectors.
- Iranian Leaders Killed in Helicopter Crash: Iran mourns President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian, and other officials killed in a helicopter crash amid heightened regional tensions involving Israel and the US.
- Lai Ching-te Sworn in as Taiwan’s President: Lai Ching-te has been inaugurated as Taiwan’s new President, succeeding Tsai Ing-wen. His leadership comes during heightened military threats from China and follows Tsai’s period of economic and social progress.
Vietnam’s New President: Vietnam’s National Assembly has confirmed To Lam, former minister of public security, as the new president. His appointment comes amid an anti-corruption campaign affecting the political and business elite, leading to significant government changes.
- Spain Joins International Solar Alliance: Spain has become the 99th member of the International Solar Alliance (ISA). The Instrument of Ratification was handed over by Spain’s Ambassador to India to Abhishek Singh, Joint Secretary in the MEA, in New Delhi.
- EU AI Act Approved: The European Union has approved the AI Act, creating comprehensive rules to ensure trust, transparency, and accountability in AI technologies while fostering innovation across Europe.
- Recognition of Palestine: Amid the Israel-Hamas conflict, Ireland, Norway, and Spain have recognized Palestine as a state. Israel has recalled its ambassadors to Ireland and Norway, and issued warnings to Spain, increasing diplomatic tensions.
- Klaus Schwab’s Transition: Klaus Schwab, founder of the World Economic Forum, will become chairman of the board of trustees by January next year. This transition is part of a governance evolution to a fully executive-managed organization.
UAE Awards Paraguayan Ambassador: UAE President Sheikh Mohamed bin Zayed Al Nahyan awarded the First-Class Medal of Independence to Jose Aguero Avila, Ambassador of Paraguay to the UAE, at the end of his tenure.
- Atacama Observatory Inauguration: The University of Tokyo has inaugurated the Atacama Observatory (TAO) in Chile, now the highest observatory in the world at 5,640 meters above sea level, earning a Guinness World Record.
- MoU for Digitalizing Vaccine Cold Chain: The Department of Animal Husbandry and Dairying (DAHD) signed an MoU with UNDP India to digitalize vaccine cold chain management, enhance communication planning, and build capacity.
Jenny Erpenbeck Wins International Booker Prize: German author Jenny Erpenbeck and translator Michael Hofmann have won the International Booker Prize for “Kairos.” The novel, depicting a complex love affair during the final years of East Germany, triumphed over five other finalists from a total of 149 submitted novels.
- Indian Economy’s Robust Growth in 2023-24: The Indian economy demonstrated strong growth in the first three quarters of the 2023-24 fiscal year, with GDP expanding by 8.2% in the June quarter, 8.1% in the September quarter, and 8.4% in the December quarter. The growth rate for the March quarter is expected to be 6.7%, with official Q4 and provisional FY24 GDP estimates to be released on May 31.
- India’s MSME Sector and RXIL’s TReDS Milestone: The MSME sector in India, contributing over 30% to the GDP and employing around 12 crore people, faces a substantial credit gap of approximately Rs. 28.2 lakh crores. RXIL’s Trade Receivables Discounting System (TReDS) platform has reached a significant milestone, facilitating the financing of over 50 lakh invoices worth ₹1,00,000 crore since its inception.
Elon Musk Introduces Starlink in Indonesia: Elon Musk launched SpaceX’s Starlink satellite internet service in Indonesia, targeting better connectivity in the remote areas of the archipelago. The inauguration in Bali saw Musk and Indonesian officials highlight the transformative potential of enhanced internet access for the nation’s development and connectivity.
- Net FDI into India Declines Sharply in FY24: Net foreign direct investment (FDI) into India fell by 62.17% in the fiscal year 2023-24, dropping to $10.58 billion from $27.98 billion the previous year. This significant decline is mainly due to increased repatriation of capital and higher investments by Indian companies abroad.
- Pradeep Natarajan Appointed as IDFC FIRST Bank Director: The RBI has approved Pradeep Natarajan’s appointment as Whole Time Director on IDFC FIRST Bank’s Board for three years, highlighting the bank’s focus on strengthening its leadership.
Sanjiv Puri Elected CII President: Sanjiv Puri, Chairman and MD of ITC Ltd., has been elected President of the Confederation of Indian Industry (CII) for 2024-25, succeeding R Dinesh. Rajiv Memani becomes President-Designate, and R Mukundan is Vice President.
- NCBC Reports Increased SC Student Enrollment: The NCBC has reported a 44% increase in Scheduled Caste (SC) student enrollment from 4.61 million in 2014-15 to 6.62 million in 2021-22, with SC female student enrollment rising by 51%.
- BARC India Appoints New Chief of Measurement Science: BARC India has appointed Dr. Bikramjit Chaudhuri as Chief of Measurement Science & Analytics, succeeding Dr. Derrick Gray, to lead the world’s largest television audience measurement organization.
- John Slaven Named Vice-Chairman of IAI: Vedanta Aluminium CEO John Slaven has been appointed Vice-Chairman of the International Aluminium Institute (IAI), where he will lead global sustainability initiatives in the aluminium industry.
- Ramesh Babu V. Joins CERC: Shri Ramesh Babu V. was sworn in as a Member of the Central Electricity Regulatory Commission (CERC) on May 21, 2024, with the oath administered by Union Minister Shri R. K. Singh.
Rushabh Gandhi Appointed MD & CEO of IndiaFirst Life Insurance: IndiaFirst Life Insurance has promoted Rushabh Gandhi, current Deputy CEO, to MD & CEO. This move aligns with the company’s succession plan, marking a significant milestone in its leadership strategy.
- LTTS Inaugurates Airbus Simulation Centre of Excellence: L&T Technology Services Ltd has launched a Simulation Centre of Excellence for Airbus at its Bengaluru campus. This state-of-the-art facility will support Airbus’s aircraft structural simulation activities across its European business units.
- Exercise Cyber Suraksha – 2024: Chief of Defence Staff Gen Anil Chauhan participated in ‘Exercise Cyber Suraksha – 2024’, emphasizing the enhancement of India’s cyber defence capabilities. The exercise, conducted by the Defence Cyber Agency, aimed to strengthen collaboration and readiness in cyber defence.
Stamp for Sri Sri Ravi Shankar: Indian spiritual guru Sri Sri Ravi Shankar received the first stamp commemorating 200 years of Indian Origin Tamils in Sri Lanka, presented by the Governor of Sri Lanka’s Eastern Province.
- NTPC Ranks Third in ATD BEST Awards 2024: NTPC secured the third rank globally in the Talent Development category at the ATD BEST Awards 2024 in New Orleans. Ms. Rachana Singh Bhal accepted the award on behalf of NTPC for its strategic HR & talent management initiatives.
- Srinivas R. Kulkarni Receives Shaw Prize in Astronomy: Indian-origin US scientist Srinivas R. Kulkarni, brother of Sudha Murty, received the Shaw Prize in Astronomy 2024 for his pioneering discoveries in astronomy, including millisecond pulsars and gamma-ray bursts.
- 10th World Water Forum Begins in Bali: The 10th World Water Forum commenced in Bali with leaders and UN representatives discussing water conservation, sanitation, food security, and disaster mitigation under the theme “Water for Shared Prosperity”.
- India’s Rise in Travel & Tourism Development Index 2024: India improved to the 39th position in the World Economic Forum’s Travel & Tourism Development Index 2024, showcasing resilience and competitiveness despite pandemic challenges.
Gangetic Dolphins Report: The Wildlife Institute of India reported over 4,000 Gangetic dolphins in the Gangetic River basin, with significant populations in Uttar Pradesh’s Chambal River, indicating successful conservation efforts and declining pollution levels.
- Delhi in Oxford Economics’ Global Cities Index: Delhi emerged as India’s highest-ranked city in the Oxford Economics’ Global Cities Index, securing the 350th position globally across key categories including Economics, Human Capital, Quality of Life, Environment, and Governance.
- Cristiano Ronaldo Tops Forbes’ Highest-Paid Athletes List: Cristiano Ronaldo secured the top spot on Forbes’ list of highest-paid athletes due to significant earnings in Saudi Arabia, marking his fourth time at the pinnacle of athlete earnings worldwide.
Deepthi Jeevanji Wins Gold at World Para Athletics Championships: Deepthi Jeevanji clinched India’s first gold medal at the World Para Athletics Championships 2024 in the women’s T20 400m event, setting a new world record of 55.07 seconds.
- Satwiksairaj Rankireddy and Chirag Shetty Win Thailand Open: Satwiksairaj Rankireddy and Chirag Shetty won the Thailand Open 2024 men’s doubles title, defeating a Chinese pair in a thrilling final match.
- Alexander Zverev Wins Italian Open: German tennis star Alexander Zverev won the Italian Open singles title for the second time by defeating Nicolas Jarry of Chile in straight sets, 6-4, 7-5.
- Indian Boxing Success at 3rd Elorda Cup: India’s boxing team excelled at the 3rd Elorda Cup 2024 in Kazakhstan, securing 12 medals including 2 gold, 2 silver, and 8 bronze.
Max Verstappen Wins Emilia Romagna Grand Prix: Formula 1 World Champion Max Verstappen claimed victory at the Emilia Romagna Grand Prix 2024, fending off challenges to secure his third win of the season.
- Brazil to Host 2027 Women’s World Cup: Brazil was awarded the hosting rights for the 2027 Women’s World Cup, marking the first time a South American country will host the prestigious tournament.
- Australia to Host AFC Women’s Asian Cup 2026: The AFC confirmed Australia as the host nation for the AFC Women’s Asian Cup 2026, following ratification by the AFC Executive Committee.
IOC Launches “Let’s Move India” Campaign: The International Olympic Committee launched the “Let’s Move India” campaign with the Reliance Foundation and Abhinav Bindra Foundation to celebrate Olympians and promote physical activity.
- Mission ISHAN for Unified Airspace Management: India launched Mission ISHAN to centralize airspace management in Nagpur, aiming to enhance efficiency and safety for airlines and passengers.
- Gopi Thotakura’s Space Journey with Blue Origin: Indian expatriate Gopi Thotakura became the first Indian to travel beyond Earth’s atmosphere aboard Blue Origin’s New Shepard spacecraft as part of the NS-25 mission.
- Noise Acquires SocialBoat for AI-powered Wellness: Noise acquired AI-powered women’s wellness platform SocialBoat, advancing its innovation in smart rings like the Luna Ring.
IMPORTANT DAYS
World Bee Day Celebrations: World Bee Day on May 20 highlighted bees’ critical role in food security and biodiversity, with the 2024 theme “Bee engaged with Youth” emphasizing youth involvement in bee conservation.
- International Tea Day: International Tea Day on May 21 celebrated the cultural and economic significance of tea, promoting sustainable practices in tea production.
- World Day for Cultural Diversity: UNESCO’s World Day for Cultural Diversity on May 21 emphasized intercultural dialogue’s role in achieving peace and sustainable development globally.
- International Day for Biological Diversity (IDB)
- Date: May 22, 2024
- Theme: “Be Part of the Plan”
- Purpose: Encourages stakeholders to support the implementation of the Kunming-Montreal Global Biodiversity Framework (Biodiversity Plan) and reverse biodiversity loss.
- Hashtags: #BiodiversityDay, #PartOfThePlan, #ForNature
- More information: IDB 2024
- Anti-Terrorism Day in India
- Date: May 21
- Commemorates the assassination of former Prime Minister Rajiv Gandhi by a suicide bomber from the Liberation Tigers of Tamil Eelam (LTTE) in 1991.
- Reminds us of the devastating consequences of terrorism and emphasizes vigilance against such threats.
- International Day of the Markhor
- Date: May 24
- Aims to raise awareness and promote conservation of the iconic markhor, found in Central and South Asia’s mountainous regions.
- World Turtle Day
- Date: May 23
- Raises awareness about the unique lifestyles and habitats of turtles and tortoises.
100th Anniversary of the First International Football Tournament
Date: May 25
Honors the milestone of the 1924 international football tournament during the Summer Olympic Games in Paris.
United Nations General Assembly proclaimed May 25 as World Football Day.
- International Week of Solidarity with Peoples of Non-Self-Governing Territories
- Dates: May 25 to May 31
- Recognizes territories whose people have not yet gained complete self-government.
In other news:
- Colonel (Retd.) Waibhav Anil Kale, a former Indian Army officer, lost his life in Gaza during the ongoing conflict.
- N Vaghul, a legendary figure in the Indian banking industry, passed away in Chennai.
- Mohammad Mokhber, a prominent figure in Iranian politics, holds multiple degrees.
- Thiruvananthapuram International Airport achieved zero waste to landfill recognition.
- Cyclone Remal is expected to intensify and make landfall between Sagar Island (West Bengal) and Khepupara (Bangladesh) by May 26.
Daily Current Affairs for UPSC, APSC, Bank, SSC, Government Jobs, and Sarkari Exams
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April 2024 Current Affairs in Hindi
अप्रैल 2024 की सबसे जरूरी करंट अफेयर्स और सामान्य ज्ञान। ये अपडेट्स सरकारी नौकरी और प्रतियोगी परीक्षाओं की तैयारी के लिए महत्वपूर्ण हैं।
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