9 February 2024 : Latest Current Affairs 9th February
Important Current Affairs 9th February 2024
In this article, we will discuss all the Current Affairs of 9th February including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 9th February 2024 current affairs then read this article till the end.
Current Affairs of 9th February – National News
1. Agartala, Tripura hosted the inaugural Divya Kala Mela 2024.
◉ The sixth to the eleventh of February 2024 will see the Divya Kala Mela held in Children’s Park in Agartala.
◉ Divya Kala Mela is a recurring event that is organized by the Department of Empowerment of Persons with Disabilities (Divyangjan) {DEPWD}, Ministry of Social Justice & Empowerment, through National Divyangjan Finance and Development Corporation.
◉ The Minister of Power, Shri Ratan Lal Nath, gave the Divya Kala Mela its inaugural speech.
2. By 2025, Microsoft plans to teach generative AI capabilities to more than 2 million individuals in India.
◉ Microsoft has unveiled a bold plan to provide 2 million Indians with artificial intelligence skills by 2025.
◉ The initiative, known as ADVANTA(I)GE INDIA, is to expedite India’s AI revolution and equip its labor force for occupations of the future.
◉ Expanding AI proficiency across the country for inclusive growth is the aim.
◉ The announcement is in line with Microsoft’s responsible AI principles and is a component of the company’s larger Skills for Jobs project. Partnerships with Indian enterprises, NGOs, and the government will be used to give training.
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International News
3. Qatar, Turkey, and India were designated as Honorary Guests at the Dubai World Governments Summit in 2024
◉ slated to take place in Dubai from February 12–14, 2024, the World Governments Summit has named India, Turkey, and Qatar as its honored guests.
◉ More than 25 heads of state and government from around the globe will be attending the summit, which has as its theme “Shaping Future Governments.”
◉ President Recep Tayyip Erdogan, Prime Minister Narendra Modi, and Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani will lead the delegations from Turkey, India, and Qatar, respectively.
Banking
4. LIC introduces “Index Plus,” a new plan. Regulation
◉ The unit-linked, regular premium individual life insurance plan “Index Plus” has been introduced by the Life Insurance Corporation of India.
◉ Throughout the policy’s term, the plan provides savings in addition to life insurance coverage.
◉ Following the five-year lock-in period, there is a possibility to remove some or all of the units, subject to certain restrictions.
◉ The normal premium policy featuring monthly, quarterly, half-yearly, and annual savings options is called the LIC Index Plus Plan. If the age is 51 or above, the insurance coverage will be seven times only; if the age is under 51, it will be seven times and ten times.
5. With the issuance of its first sustainable finance bond, HDFC Bank raises $300 million.
◉ With the sale of its first-ever sustainable finance bond, HDFC Bank has raised $300 million. The fundraising is a portion of the $750 million in total that will be raised via Regulation S Bonds.
◉ With a 95 basis point spread over the US Treasury, the lender raised $300 million over three years, and with a 108 basis point spread over the US Treasury, it raised an additional $450 million over five years.
◉ For a three-year sustainable bond and a five-year senior unsecured bond with an equivalent size of USD Reg S issuance, these are the tightest credit spreads that an Indian issuer has ever achieved.
◉ The money raised from the sale of the sustainable finance bond will be used to support ordinary banking operations as well as green and social loans.
6. RBI repo rate remains the same at 6.5%.
◉ The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has maintained the 6.5 percent repo rate level.
◉ Additionally, it has chosen to keep its attention on the removal of the accommodating posture.
◉ This decision remains unchanged for the sixth time in a row.
◉ Five of the six members of the RBI voted in favor of maintaining the current repo rate at 6.5%. Additionally, many anticipated that the repo rate would stay at 6.5 percent.
◉ Additionally, the MPC voted, with five of the six members voting in favor, to continue concentrating on the removal of accommodation to guarantee that inflation gradually approaches the objective while promoting growth.
Appointment
7. Venkatachalam H named MD & CEO of Tata AIA Life Insurance Venkatachalam H has been named the Managing Director (MD) and Chief Executive Officer (CEO) of Tata AIA Life Insurance.
◉ The Insurance Regulatory and Development Authority of India (IRDAI) must approve the appointment.
◉ The current employee, Naveen Tahilyani, has been promoted to the position of Non-Executive Director of Tata AIA Life Insurance Company and will be replaced by Venkatachalam.
◉ Since 2020, Naveen Tahilyani has held the positions of MD and CEO at the life insurance company.
8. Ajay Kumar Choudhary is named non-executive chairman of the board by NPCI.
◉ Ajay Kumar Choudhary has been named by the National Payments Corporation of India (NPCI) as the non-executive chairman of the Board and an independent director. His appointment will take effect on February 8, 2024, and will last for three years.
◉ Biswamohan Mahapatra, who was named non-executive chairman in 2018, was succeeded by Choudhary.
◉ At NPCI, Dilip Asbe serves as both the managing director and the CEO.
Awards
9. A UK photographer’s gorgeous picture of a sleeping polar bear wins the top picture award.
◉ The Wildlife Photographer of the Year People’s Choice Award went to a shot that captured the beauty of a sleeping polar bear.
◉ Nima Sarikhani, a British amateur photographer, took the image titled “Ice Bed.”
◉ His picture was declared the winner of a competition that received a record 75,000 votes.
Notably, Mr. Sarikhani took the picture three days after scouring the Norwegian shore for polar bears. Finally, he came across two polar bears as his expedition ship altered its direction. He saw the younger bear clambering up onto a little iceberg and making himself a bed.
Sports
10. SCA Stadium Has Been Renamed in Niranjan Shah’s Honor
◉ A new name for the Saurashtra Cricket Association (SCA) stadium in Rajkot is Niranjan Shah Stadium.
◉ This update honors Niranjan Shah, a former first-class cricket player, and senior cricket administrator, in recognition of his enormous contributions to the game and the community.
◉ Beyond his playing career, Niranjan Shah left a lasting legacy in cricket. He played 12 first-class matches for Saurashtra between the middle of the 1960s and the middle of the 1970s, setting the stage for a lifetime relationship with the game.
Books
11. “Al and National Security,” a book revealed by CDS Anil Chauhan
◉ ‘Artificial Intelligence and National Security’ is the book that CDS Anil Chauhan unveiled at the Defence Literature Festival ‘Kalam and Kavach’ in Pune.
◉ Army Southern Command is the festival’s host, and it takes place in Pune’s esteemed RSAMI Institute.
◉ The Chief Guest, General Anil Chauhan, stressed the significance of fusing traditional military knowledge with cutting-edge strategies.
◉ The applicability of traditional Indian military tactics, such as Sun Tzu’s “Art of War” and Kautilya’s “Arthashastra,” to contemporary conflict was emphasized by CDS Chauhan.
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