5 March 2024 : Latest Current Affairs 5th March
Important Current Affairs 5th March 2024
In this article, we will discuss all the Current Affairs of 5th March including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 5th March 2024 current affairs then read this article till the end.
Current Affairs of 5th March – National News
1. ADITI, a program launched by Rajnath Singh to promote defense innovation
◉ Mantri Raksha To encourage advancements in vital and essential defense technologies, Rajnath Singh introduced the Acing Development of Innovative Technologies with iDEX (ADITI) program.
◉ Start-ups can get up to Rs 25 crore in grant-in-aid for their defense technology research, development, and innovation efforts under this plan.
◉ The program will support young people’s creativity and propel the nation’s technological advancement.
◉ About Rs 750 crore has been set aside for the ADITI initiative, which runs under the iDEX (Innovations for Defence Excellence) framework of the Department of Defence Production (DDP), Ministry of Defence, for the years 2023–2025.
2. Opening the second PESA Regional Conference is Vivek Bharadwaj Secretary for Panchayati Raj, Ranchi Dear, The second Two-Day Regional Conference on Strengthening of PESA was opened in Ranchi, Jharkhand, by Vivek Bharadwaj.
◉ He underlined the critical role that Gram Sabhas, who were granted authority by the PESA Act, play in addressing social issues, settling conflicts, protecting the environment, and supporting sustainable economic empowerment initiatives.
◉ He emphasized that traditional lifestyles will be strengthened and social problems will be lessened if the PESA Act is implemented effectively.
◉ To expedite and streamline the PESA Act’s implementation based on broad agreement, the next National Conference on PESA seeks to compile lessons from the two regional conference editions held in Pune and Ranchi.
3. Festival of Chapchar Kut Celebrated Throughout Mizoram
◉ The state of Mizoram celebrated Chapchar Kut, the largest festival, with all of the customary zeal and activities.
◉ Thousands of people flocked to the Assam Rifles Ground – Lammual in the center of Aizawl city, filling the venue due to the festival.
◉ The largest Mizo holiday, Chapchar Kut, honors perseverance and solidarity following the conclusion of the Jhum operation.
◉ Chapchar Kut, which has its roots in Suaipui village and dates back to the 15th and 17th centuries, is a symbol of joy and celebration shared by all.
4. At the Haryana Union, Jyotiraditya Scindia opens the nation’s first green hydrogen plant in the stainless steel industry.
◉ Steel At Jindal Stainless Limited in Hisar, Minister Jyotiraditya Scindia has essentially opened India’s first green hydrogen plant in the stainless steel industry.
◉ The world’s first off-grid green hydrogen plant for the stainless steel sector as well as the first green hydrogen plant utilizing rooftop and floating solar power will be this one.
◉ Over the next 20 years, this initiative will cut carbon emissions by approximately 54,000 tons of carbon dioxide and 2,700 tons of carbon emissions annually.
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Banking
5. The Kotak Mahindra Bank Smart Choice Gold Loan is now available.
◉ Customers can now apply for a “Smart Choice Gold Loan” from Kotak Mahindra Bank Ltd. (KMBL).
◉ Features of this product include flexible repayment options, same-day disbursement, low documentation requirements, and a set monthly interest rate starting at 0.88%.
◉ With this innovative product, Indian consumers may easily and effectively meet their financial demands by leveraging their substantial gold stockpiles.
◉ The introduction of the Smart Choice Gold Loan coincides with an increase in India’s need for finance options secured by gold.
6. Moody’s upgrades India’s GDP estimate for 2024 to 6.8%.
◉ Worldwide rating service India’s GDP growth forecast for 2024 has been upgraded by Moody’s to 6.8% from 6.1%.
◉ The increase in estimate was ascribed to the improving global economic conditions and India’s strong economic performance in 2023.
◉ India’s GDP expanded by 8.4% during the October–December quarter, exceeding analysts’ projections of 6.6%.
◉ Moody credited the government’s capital expenditures and the brisk manufacturing sector for this robust growth.
◉ The GDP is predicted to expand by 6.4% by 2025.
Appointment
7. Neeraj Chopra joins BPCL as a Brand Ambassador.
◉ As the brand ambassador, Bharat Petroleum Corporation (BPCL) has announced Neeraj Chopra, the Olympic and World Javelin Champion.
◉ Neeraj Chopra will represent BPCL’s premium petrol version, “Speed,” as a brand ambassador.
With this partnership, BPCL’s roster of distinguished brand ambassadors grows.
◉ The business formerly collaborated with cricket player Rahul Dravid on its “Pure for Sure” campaign and line of “MAK lubricants.”
Awards
8. Asma Khan and Zoya Akhtar received the “India-UK Achievers” Award.
◉ The annual “India-UK Achievers” awards were held in London, where renowned filmmaker Zoya Akhtar and British Indian chef Asma Khan received recognition.
◉ During the occasion, Khan’s culinary achievements and Akhtar’s widely praised film work were honored.
◉ The Living Legend Award was given to Zoya Akhtar in recognition of her contributions to advancing knowledge of India.
◉ Another honoree was chef Asma Khan of the female-run Darjeeling Express restaurant in London.
◉ The King’s College London alumna began her legal profession. She has, nevertheless, left her imprint in the culinary arts since then. One of Asma’s other jobs is as a cooking writer for best-selling Indian recipe books.
Defence
9. Iran launches the “Pars 1” satellite from Russia into orbit.
◉ Amid growing tensions with the West, Russia has launched a research satellite manufactured in Iran into orbit.
◉ Launched from the Vostochny Cosmodrome by a Russian Soyuz rocket, the Pars 1 remote sensing and imaging satellite will survey Iran’s terrain from an orbit of 310 miles (500 km).
◉ Following the August 2022 deployment of Iran’s Khayyam satellite—which was also made possible by Russia—comes the launch of Pars 1.
◉ Despite greater geopolitical issues, this trend of cooperation points to a deepening of scientific and technological connections between Iran and Russia.
Sports
10. B Sai Praneeth declares her departure from competitive badminton
◉ Indian tennis player Announcing his retirement from international badminton is B Sai Praneeth.
◉ The 31-year-old chose to hang up his boots after struggling with persistent ailments since the Olympic Games in Tokyo.
◉ Throughout his 24-year career, he represented India in the Tokyo 2020 Olympics and took home a bronze medal from the World Championships.
Important day
11. International Day for Disarmament and Non-Proliferation Awareness is observed on March 5.
◉ Every year on March 5, we observe International Disarmament and Non-Proliferation Awareness Day.
◉ The purpose of the day is to raise awareness and comprehension of disarmament issues, particularly among young people.
◉ After a UNGA resolution was approved on December 7, 2022, the first International Day for Disarmament and Non-Proliferation Awareness was marked on March 5, 2023.
12. Dissociative Identity Disorder Awareness Day is March 5th.
◉ The fifth of March is designated as Dissociative Identity Disorder Awareness Day each year.
◉ The goal is to increase public awareness of the challenges that individuals with dissociative identity disorder confront and the things that may be done to help them live better lives.
◉ A person with dissociative identity disorder, also referred to as multiple personality disorder, feels as though they are living numerous lives inside of their heads.
Obituary
13. Winner of the Padma Shri Award Arun Sharma has gone
◉ At the age of 90, renowned archaeologist Padmashree Dr. Arun Kumar Sharma departed from this life.
◉ Sharma was the most senior member of the team who, at the Allahabad High Court’s request, dug the Ram Janmabhoomi Ayodhya site and filed a report claiming that a temple had been destroyed to make way for a mosque.
◉ 2017 saw the late Indian President Pranab Mukherjee award Sharma the Padmashree.
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