Current Affairs – March 26, 2024

Current Affairs – March 26, 2024


Current Affairs – March 26, 2024

National News

Amul Launches Fresh Milk in US, Expanding International Reach

  • Amul, the renowned Indian dairy brand, is set to introduce fresh milk in the US market for the first time.
  • Gujarat Cooperative Milk Marketing Federation (GCMMF) plans to launch four variants of Amul fresh milk in the US within a week.
  • This move aims to cater to the Indian diaspora and Asian population residing in the US.
  • While Amul has been exporting dairy products for decades, this marks the first time it’s launching fresh milk outside India, according to GCMMF MD Jayen Mehta.

About Amul:

  • Name: Amul (Anand Milk Union Limited)
  • Founded: 1946
  • Location: Anand, Gujarat, India
  • Founders: Tribhuvandas Patel, Verghese Kurien
  • Key Figures: Dr. Verghese Kurien is often referred to as the “Father of the White Revolution in India” for his pioneering work in establishing and expanding Amul and the cooperative dairy movement in India.

Bharat Biotech Commences Clinical Trials of TB Vaccine MTBVAC on Adults in India

  • Bharat Biotech International Ltd has initiated clinical trials of the Tuberculosis vaccine MTBVAC on adults in India.
  • MTBVAC is the first TB vaccine derived from a human source, developed by the Spanish biopharmaceutical company, Biofabri.
  • The vaccine aims to be more effective and potentially longer-lasting than the current BCG vaccine for newborns.
  • The trials mark a significant step in combating Tuberculosis, a major public health concern globally.

About Bharat biotech:

  • Founded: 1996
  • Location: Hyderabad, Telangana, India
  • Founders: Dr. Krishna Ella, Mrs. Suchitra Ella
  • Krishna Ella is the Executive Chairman of Bharat Biotech International Limited

Government notifies PIB’s fact check unit under IT rules

  • The Ministry of Electronics and Information Technology (meity) notified the fact check unit under the Press Information Bureau (PIB) as a statutory body with powers to flag misinformation about the central government and its departments across social media platforms
  • FCU under the PIB of the Ministry of Information and Broadcasting (MIB) has been designated as the FCU of the government of india
  • This was notified in the exercise of the power conferred by rule 3(1)(b)(v) of the information technology (intermediary guidelines and digital media ethics code) rules 2021 (IT rules 2021)

About PIB’S FCU:

  • The FCU under PIB was founded in November 2019 to deter the spread of fake News and misinformation
  • Its primary goal is to counter misinformation regarding government policies, initiatives and schemes

Federal bank partners with NPCI to introduce “rupay smart key chain-flashpay” for contactless payments

  • The Federal bank and National Payment Corporation of India (NPCI) launched a rupay smart key chain-flashpay for contactless national common mobility card (NCMC) payments at enabled metro stations and point of sale (POS) terminals
  • The customers can make payments upto RS 5000 without using a personal identification number and whereas above Rs 5000 requires a PIN authentication with a daily limit of Rs 1,00,000 at any POS Terminal
  • Flashpay is a type of payment instrument that is linked to the bank account and can be used to carry out contactless transaction which similar to the “tap and pay” card feature

Federal bank limited:

  • MD and CEO- shyam Srinivasan
  • Headquarters- aluva, kerala
  • Established-1931

National payment corporation of india:

  • CEO- Dilip Asbe
  • Headquarters- Mumbai, Maharashtra
  • Incorporated-2008

Appointment News

FSIB Appoints New CMDs for New India Assurance and United India Insurance

  • Financial Services Institutions Bureau (FSIB), the head-hunting agency for public sector banks and insurance firms, has selected Girija Subramanian, Chairperson and MD of Agriculture Insurance Company (AIC), and Bhupesh Sushil Rahul, AIC General Manager, as the next CMDs of New India Assurance and United India Insurance, respectively.
  • These appointments come after the retirement of Neerja Kapur from New India Assurance and S Tripathy from United India Insurance.

About agriculture insurance company:

  • Founded: 20 December 2002
  • Key people: Ms. Girija Subramanian (Chairman & Managing Director)

United India Insurance Company Limited Overview:

  • Founded: 1938
  • Headquarters: Chennai, Tamil Nadu, India
  • Type: Public Sector General Insurance Company
  • Industry: Insurance
  • Head: Shri Gopalakrishnan Sundararaman, Executive Director, Chairman cum Managing Director (Additional Charge)

Award News

IndiGo Named ‘Airline of the Year’ at Air Transport Awards 2024

  • IndiGo, India’s leading budget carrier, receives the prestigious ‘Airline of the Year’ award at the Air Transport Awards 2024 in Athens, Greece.
  • The recognition follows IndiGo’s milestone achievement of becoming India’s first airline to operate 2,000 daily flights and carry 100 million passengers in a year.
  • The 2024 Air Transport Awards was organised in partnership with Hermes – Air Transport Organisation and ATN – Air Transport News to recognize the contributions made in the aviation sector.

Indigo airlines:

  • CFO: Gaurav M. Negi
  • Founders: Rahul Bhatia, Rakesh Gangwal
  • Founded: August 2006

Michel Talagrand Awarded the 2024 Abel Prize by The Norwegian Academy of Science and Letters

  • Michel Talagrand, who conducted his research career at CNRS, is honoured with the Abel Prize for 2024 by The Norwegian Academy of Science and Letters.
  • The Abel Prize, established in 2002, is named after the Norwegian mathematician Niels Henrik Abel, commemorating his 200th birth anniversary.
  • Alongside the Fields Medal, the Abel Prize stands as one of the most significant international awards in mathematics.
  • Unlike the Fields Medal, which recognizes exceptional work by mathematicians under forty, the Abel Prize is not age-restricted and serves as a lifetime achievement award, acknowledging substantial contributions to the field of mathematics.
  • The inaugural Abel Prize was bestowed upon French mathematician Jean-Pierre Serre in 2003.
  • Michel Talagrand is the 27th recipient of the Abel Prize also known as the Nobel Prize for Mathematics and he is the 5th Frenchman to receive the award.

Science and tech News

Garuda Aerospace Unveils ‘Trishul’ Border Patrol Surveillance Drone

  • Garuda Aerospace, a drone manufacturer, unveils ‘Trishul’, a Border Patrol Surveillance Drone.
  • The announcement was made by Garuda Aerospace on March 25, 2024.

Uses of Trishul Drone:

  • Trishul drone is designed for border patrol surveillance, enabling the monitoring of people’s movements along borders.
  • It can also be utilized for monitoring natural disasters, providing aerial reconnaissance for disaster management.
  • Additionally, Trishul drone can assess traffic conditions, enhancing traffic management and surveillance capabilities.

Garuda aerospace:

  • Location: Chennai, Tamil Nadu, India
  • Garuda Aerospace’s Founder & CEO is Agnishwar Jayaprakash

Sports News

Virat Kohli Becomes First Indian to Achieve 12,000 Runs in T20 Cricket

  • Indian cricket captain Virat Kohli achieves the milestone of scoring 12,000 runs in T20 format, becoming the first Indian cricketer to do so.
  • Kohli reached this landmark during the opening match of the 2024 Indian Premier League (IPL) between Chennai Super Kings (CSK) and Royal Challengers Bangalore (RCB) at MA Chidambaram Stadium.
  • His total T20 runs include contributions in the IPL, Champions League, domestic Twenty-over cricket for Delhi, and T20 Internationals for India.
  • Kohli’s achievement highlights his consistency and prowess in T20 cricket, adding another accolade to his illustrious career.
  • The second highest Indian run-scorer in T20 cricket is Rohit Sharma, with a total of 11,156 runs.
  • Chris Gayle leads the overall T20 run-scoring list with 14,562 runs, followed by Shoaib Malik with 13,360 runs, and Kieron Pollard with 12,900 runs.

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