
Key Global and National Developments
No. | Event | Details |
---|---|---|
1 | ‘Tarang Shakti 2024’ Multinational Air Exercise | India kicked off its first large-scale multinational air exercise, Tarang Shakti 2024, at the Sulur Air Base in Tamil Nadu. This exercise aims to enhance interoperability among 30 participating countries, including the U.S., U.K., and France. |
2 | China’s ‘Thousand Sails’ Satellite Initiative | China announced the upcoming launch of its “Thousand Sails” satellite constellation, which is expected to challenge SpaceX’s Starlink, signaling a significant leap in global satellite communications. |
3 | RBI Holds Repo Rate Steady at 6.5% | The Reserve Bank of India decided to keep the repo rate unchanged at 6.5%, reflecting a cautious stance amidst ongoing economic uncertainties and inflationary pressures. |
4 | Andhra Pradesh Removes 2-Child Norm for Elections | In response to declining fertility rates, the Andhra Pradesh government has scrapped the two-child policy requirement for candidates contesting local body elections. |
5 | India Exports First GI-Tagged Fig Juice | India celebrated the export of its first Geographical Indication (GI)-tagged fig juice to Poland, sourced from the renowned Purandar figs, marking a milestone in agricultural exports. |
6 | NCW Launches Digital Shakti Center | The National Commission for Women (NCW) launched a Digital Shakti Center in New Delhi to address the increasing cybercrimes against women, providing a support system for victims. |
7 | India’s Economic Growth Forecast by Deloitte | Deloitte India projected an optimistic growth forecast of 7% to 7.2% for the Indian economy in FY25, attributing it to robust economic fundamentals. |
8 | Rashtriya Vigyan Puraskar Awardees Announced | The Indian government announced the recipients of the prestigious Rashtriya Vigyan Puraskar, with the ISRO-Chandrayaan 3 team being recognized for their contributions to space exploration. |
9 | Vinesh Phogat Announces Retirement | Indian wrestler Vinesh Phogat retired after her unexpected disqualification from the Paris Olympics due to a minor weight issue, bringing an end to her illustrious career. |
10 | Australia’s Maitri Grants to Strengthen Ties with India | Australia introduced the Maitri Research and Cultural Partnerships Grants, aimed at fostering collaboration with India in fields like sustainable manufacturing and energy transition. |