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Banking Current Affairs : 10th May 2024

Today’s Current Affairs: 10th May 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

Meditech Stackathon 2024:

  • Dr. Arunish Chawla, Secretary of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers (MoC&F), launched the Meditech Stackathon 2024 in New Delhi, Delhi, in collaboration with the Confederation of Indian Industry (CII)

IA Western Command & IAF conducted Joint Ex- Gagan Strike-II in Punjab

  • The Ambala, Haryana-based Kharga Corps, under the Indian Army (IA)’s Western Command, and the Indian Air Force (IAF) concluded Gagan Strike-II, a three-day Joint Exercise across multiple locations in Punjab.
  • The exercise was reviewed by Lieutenant General (Lt Gen) Manoj Kumar Katiyar, General Officer Commanding-in-Chief of the Western Command.
  • The exercise aimed to refine processes and validate the use of attack helicopters in mechanized operations in developed terrain.

Infosys Receives ISO 42001:2023 Certification for Artificial Intelligence Management System:

  • Infosys received ISO (the International Organization for Standardization)/ IEC (the International Electrotechnical Commission)42001:2023 Certification for its Artificial Intelligence Management System (AIMS), making it among the first IT services companies globally to earn this recognition.
  • This certification is the world’s first international standard on AI management systems by TUV India

World’s Wealthiest Cities Report 2024 by Henley & Partners:

  • World’s Wealthiest Cities Report 2024 released by Henley & Partners.
  • New York tops According to the 2024 World’s Wealthiest Cities Report published by international wealth migration specialists Henley & Partners, New York City, New York, the United States of America (USA) has retained its title as the Wealthiest City in the World.
  • California’s The Bay Area (USA) is ranked 2nd followed by Tokyo(Japan); Singapore(Singapore) and London(The United Kingdom-UK) at 3rd, 4th and 5th position respectively.
  • Mumbai(Maharashtra) (24th) and Delhi (37th) were the only Indian cities featured among the top 50 of the 2024 World’s Wealthiest Cities Report.

India Received over USD 111 Billion in Remittances in 2022:

  • United Nations(UN) agency, International Organization for Migration(IOM) released the report titled “World Migration Report 2024””.
  • The report revealed that India received over USD111 billion in remittances in 2022. Thus, India becomes the 1st country to surpass the USD 100 billion mark.
  • International remittances surged by 650%, from USD 128 billion to USD 831 billion between 2000 and 2022.

Canara HSBC Life Insurance Introduces Promise4Growth Plan:

  • Canara HSBC Life Insurance Company Limited introduced Promise4Growth, a new Unit Linked Insurance Plan (ULIP), designed for customers embarking on a journey towards financial prosperity and security.
  • The product offers 3 plan options: Promise4Wealth, Promise4Care, and Promise4Life, each aligned with different savings goals and life stages.

Setu unveils Sesame, India’s 1st Domain-Specific LLM for BFSI sector:

  • Setu, a division of the Pine Labs Group, launched Sesame, India’s first Large Language Model (LLM) for the Banking, Financial Services, and Insurance (BFSI) sector. It is developed in collaboration with Sarvam Artificial Intelligence (AI).
  • The unveiling occurred at Adbhut India, organized by People+ai, with notable figures like Nandan Nilekani, co-founder of Infosys, and Shankar Maruwada.

Adani Green Energy Limited(AGEL) Signed a 20-year Agreement with Government of Sri Lanka for Wind Power Stations”

  • The Government of Sri Lanka signed a Power Purchase Agreement(PPA) for 20 years with Adani Green Energy Limited(AGEL), part of Adani Group to develop wind power stations in Sri Lanka.
  • As per the agreement, AGEL will be paid 8.26 cents per kilowatt-hours(kWh).
  • Company will establish wind power stations in Mannar and Poonerin in Sri Lanka.

2024 Pulitzer Prizes in Journalism, Books, Drama and Music:

  • ProPublica won Prize under Public Service2024 Pulitzer Prizes in Journalism, Books, Drama and MusicOn 6th May 2024, T
  • he Pulitzer Board announced the winners of 108th Pulitzer Prize (2024) under the categories such as: Journalism, Books, Drama and Music, and Special Citations.
  • Pulitzer Prize is highest national honor in United States of America (USA) in the field of journalism, literature, and music composition.

Coca-Cola India Announces First Ever Partnership with Hockey India for National Women’s Hockey League:

  • Anandana, The Coca-Cola India Foundation, announced its first ever partnership with Hockey India, for the National Women’s Hockey League 2024-2025, the inaugural edition of the tournament.
  • Objective is to improve women’s hockey by addressing essential elements such as offering specialised coaching, training equipment, nutritional support, and the organisation of camps and competitions to foster growth.
  • The partnership also aligns with the Coca-Cola India’s #SheTheDifference campaign, an initiative to celebrate, uplift, and support women.

Glide Phase Interceptor (GPI) Project::

  • Amid growing concerns over rivals deploying advanced weapons like hypersonic missiles, Japan is investing in the Glide Phase Interceptor (GPI) Project under joint development with the US.
  • Glide Phase Interceptor (GPI) Project is a missile-intercepting system under joint development by the US and Japan.

46th Antarctic Treaty Consultative Meeting:

  • The 46th Antarctic Treaty Consultative Meeting (ATCM) and the 26th Meeting of the Committee for Environment Protection (CEP) will be held in Kochi from May 20-30.
  • Antarctic Treaty Consultative Meeting is pivotal in the international community’s ongoing efforts to safeguard Antarctica’s fragile ecosystem and promote scientific research in the region.

Widal Test : Study

  • The Widal Test’s propensity for erroneous results is obfuscating India’s typhoid burden, increasing expenses, and risking more antimicrobial resistance.
  • Widal Test is a test done for diagnosing typhoid fever.

Sri Madhava Perumal Temple:

  • Inscriptions found at Sri Madhava Perumal Temple indicate the existence of a major trade route over 1,000 years ago, connecting the Kongu region in western Tamil Nadu with southern Karnataka and Kerala.
  • Madhava Perumal Temple is dedicated to the Hindu deity Vishnu, who is worshipped as Madhava Perumal.

Semi-Cryogenic Engine (SCE)-200 : ISRO

  • ISRO recently achieved a milestone by conducting the first PreBurner Ignition trial for the Semi-Cryogenic Engine (SCE)-200.
  • This ignition process is crucial in developing liquid rocket engine systems.
  • The SCE uses liquid oxygen (LOX) as an oxidizer and refined kerosene as fuel, aiming to produce a thrust of 2,000 kilonewtons (kN).