10th May Daily Current Affairs 2024: Daily GK Update for all exams

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Here 10th May, 2024 Headlining events like: SBI General Insurance, Global Pride of Sindhi Award 2024, India’s Fiscal Update, HDFC Bank, Atal Innovation Mission, World Thalassaemia Day 2024, Bajaj Auto to become familiar with etc. Daily GK updates is given After reading about these events, you can current affairs quiz can also practice

Banking Awareness and Static Awareness questions asked in General Awareness section are mainly based on current affairs. So you need to prepare this section well to score good marks.General Awareness section plays an important role in scoring more than the cut off marks in any competitive exam.

Top 18 Daily GK Updates: National & International News

Below are given top 18 important Daily General Knowledge 2023 updates with national and international news.

National

India's fiscal update: 2023-24 deficit and revenue growth

India's fiscal deficit for the fiscal year ending March 2024 is projected to outperform government estimates, at slightly better than the estimated 17.35 trillion rupees ($207.81 billion). The official announcement regarding the 2023/24 fiscal deficit is due on 31 May.

Income tax receipts in India grew 17.7% year-on-year, reaching about $235 billion in fiscal year 2023/24. The figure is higher than the government's initial estimates, indicating strong revenue performance for the period under review.

ISRO developing liquid oxygen kerosene powered semi-cryogenic engine

ISRO is developing semi-cryogenic engine. Its purpose is to increase the payload capacity of Launch Vehicle Mark-3 (LVM3). It will be an engine of 2,000 kilonewton thrust working on liquid oxygen (LOX) kerosene propellant combination.

The Indian Space Research Organization (ISRO) said the first ignition test of the semi-cryo pre-burner under development of the engine was successfully conducted on May 2 at the Semi Cryo Integrated Engine Test Center (SIET) at ISRO Propulsion Complex, Mahendragiri.

Business

Bharti Enterprises sells ICICI Lombard shares for Rs 663 crore

Sunil Mittal-led Bharti Enterprises sold shares of ICICI Lombard General Insurance Company for Rs 663 crore through an open market transaction. According to data available on bulk deals on BSE, Bharti Enterprises Ltd sold 38.50 lakh shares of ICICI Lombard through nine separate deals. This is equivalent to 0.8 percent stake in the insurance company.

The shares were sold at an average price of Rs 1,722.5. In this way the total value of stake sale became Rs 663.16 crore. After the stake sale, Bharti Enterprises' shareholding has come down from 2.43 percent to 1.63 percent. These shares have been bought by Axis Mutual Fund (MF), Aditya Birla Sun Life MF, Invesco MF, Morgan Stanley Asia Singapore, Societe Generale, Goldman Sachs Singapore and Blackstone Aqua Master Sub-Fund.

SBI Q4 Results: Profit increased by 24% to Rs 20,698.3 crore, record breaking rise in shares.

In its latest quarterly report, State Bank of India (SBI) demonstrated remarkable financial performance, which Rs 20,698 crore its highest standalone with quarterly net profit Recorded. This exceptional result was primarily driven by growth in non-interest income, effective cost management and favorable adjustments in asset provisions.

SBI Chairman Dinesh Kumar Khara expressed optimism about continued loan growth and maintaining net interest margins. The bank estimates 14-16% loan growth and 12-13% deposit growth for FY25. especially, Gross Non-Performing Assets (NPAs) Gross advances declined to 2.24%, indicating better asset quality.

Appointment

Jaya Tripathi appointed to lead key relationships at SBI General Insurance

SBI General Insurance has Jaya Tripathi Has announced the appointment of as Head Key Relations Group. In her new role, Tripathi will lead the expansion of new business opportunities and partnerships, drive sales team growth and deepen partner relationships to drive profitability.

General Insurance, Fashion Retail And Tourism With a diverse background spanning the U.S., Tripathi brings a range of experience to her new position. in his broader background Mahindra Holidays, ICICI Lombard, Forevermark Diamonds (De Beers Group), And Aditya Birla Group, where he has made significant contributions to business and strategic development.

R Shankar Raman becomes the new chairman of L&T Group

Engineering and Construction Group Larsen & Toubro (L&T) has announced key leadership appointments within the organization.

L&T group current Whole Time Director and CFO R Shankar Raman Has been promoted to the post of Chairman. Following this promotion, Raman will continue in his existing roles as a Whole-Time Director and Chief Financial Officer (CFO) of the company.

international

Mumbai and Delhi among world's 50 richest cities: Henley and Partners

Delhi and Mumbai have left Washington DC behind and joined the top 50 richest cities of the world. This ranking released by Henley & Partners underlines India's economic progress and urban development.

The number of high net worth rich has increased rapidly in both these cities. According to the report, New York tops the list of wealthiest cities. Its total assets are more than 3 trillion dollars. There are 3,49,500 millionaires in this city, 744 with wealth of more than ten million dollars and 60 billionaires.

Sri Lanka approves power purchase agreement with Adani Green Energy

Sri Lankan Government for the development of wind power stations in Mannar and Punerin. Gautam Adani led by Adani Green Energy Has approved an agreement with. This agreement was approved by the Cabinet of Sri Lanka 7th May Was given the green signal. Under the power purchase agreement, the period of which 20 years Adani Green Energy for electricity generated from wind power stations 8.26 cents per kilowatt-hour (kWh) will be paid.

this deal February 2023 After the approval of Adani Green Energy in 442 million dollars to invest and Northern Sri Lanka Mannar and Punerin in two cities of 484 MW To develop wind power plant.

Leaving Japan behind, India becomes the world's third largest solar energy producing country

Due to rapid increase in installed solar power capacity, India is set to emerge as the third largest solar power producing country in 2023. The 5th “Global Electricity Review” report published by United Kingdom-based global think tank AMBER said India, which was ranked ninth in the world in 2015, is set to overtake Japan to reach the third position in 2023.

India is the cheapest solar energy producing country in the world while the most expensive solar energy producing country is Canada. Recently the Global Electricity Review 2024 was published which presented a comprehensive review of the global electricity scenario in 2023 based on data from individual countries.

State

Uttarakhand starts 'Pirul Laao-Paise Pao' campaign to control forest fire

Uttarakhand Government to control forest fire in the state 'Bring Pirul – get money' Campaign is introduced. Chief Minister Pushkar Singh Dhami has May 8, 2024 To Rudraprayag district Launched the campaign in. He urged people to actively participate in the campaign and said that cooperative societies, Yuva Mangal Dal And forest panchayat Will also participate.

'Bring Pirul-Get Money' campaign Under this, local youth and villagers will collect dry Pirul (pine tree leaves) from the forests and take them to designated Pirul collection centres. Tehsildar will manage these centers under the supervision of Sub-Collector.

IREDA sets up subsidiary in GIFT City, Gujarat

IREDA, Ministry of New and Renewable Energy (MNRE) A state-owned unit under GIFT City, Gujarat within International Financial Services Center (IFSC)) In IREDA Global Green Energy Finance has formed a subsidiary company called IFSC Limited. The move aims to leverage global financial markets to support the development of the renewable energy sector in India.

IREDA Global Green Energy Finance IFSC Limited officially February 2024 It was established on 7 May after approval from the Reserve Bank of India (RBI).

game

Amul becomes 'official sponsor' of Sri Lanka men's cricket team for T20 World Cup 2024

sri lanka cricket has announced that Indian milk producer Amul ICC Men's T20 World Cup 2024 for a period of Sri Lanka men's team Of 'Official Sponsor' has been appointed.

Sri Lanka Cricket CEO Ashley de Silva According to, Amul's partnership with Sri Lanka Cricket is an excellent move, as a international sports brands The association with will help the firm achieve market growth and increase the visibility of its brand among the international audience.

Wrestling authorities temporarily suspend Bajrang Punia

United World Wrestling (UWW) Indian wrestler Bajrang Punia To December 31, 2024 is temporarily suspended until National Anti Doping Agency (NADA) had suspended him for refusing to give his urine sample.

NADA has 23 April Bajrang Punia was suspended because he 10 March To Sonipat He had refused to give his urine sample during the selection trials for the Olympic qualifiers.

important day

International Argania Day 2024: 10 May

every year 10th May to, people around the world International Argania Day Let's celebrate. This special day honors the argan tree (Argania spinosa), an ancient species that morocco in approximately 80 million Has increased over the years. These trees are not just old; They play an important role in the local economy and environment. The festival aims to raise awareness about these unique trees, their benefits and the challenges they face.

argan tree It is a native species of the sub-Saharan region of Morocco, growing in arid and semi-arid regions. It is the defining species of a woodland ecosystem, known as Arganeraie Also known as, which is rich in endemic flora. It is resilient to harsh environments with water shortages, erosion risks and poor soils.

award

Pawan Sindhi received Global Pride of Sindhi Award 2024

Pawan Sindhi prestigious to Global Pride of Sindhi Award 2024 Was honored at a program in the presence of respected saints, mahatmas and sadhus. on this occasion Mr Sindhi His remarkable contribution to society and his dedication to the service of humanity were celebrated.

The awards night saw a gathering of like-minded individuals who humanity, peace And promote values ​​of prosperity Come together to give. In his acceptance speech, Mr. Sindhi expressed his gratitude and highlighted the importance of such events in spreading the great message within the society.

banking

Enhancing Global Commerce Opportunities: Yes Bank and eBANX Partnership

Yes Bank, a leading private sector bank in India, is collaborating with EBANX, a global fintech firm specializing in payment solutions for emerging markets. Together, they aim to provide merchants with a wide range of scalable payment solutions, facilitate seamless cross-border transactions, and expand global commerce opportunities for both merchants and customers in India.

By leveraging EBANX's global experience and Yes Bank's technological capabilities, the partnership seeks to streamline cross-border payment processing, providing merchants easy access to a set of scalable payment solutions tailored for the Indian market. Is. Yes Bank's Ajay Rajan emphasizes the strategic importance of this collaboration in opening up India's payment acceptance capabilities to global merchants.

Important current affairs of 10th May 2024

Current Affairs play a very important role in preparing for competitive exams. Current affairs one line is being presented in a new form. Get all International, National, Sports, Economy, Latest Schemes & Appointments Current Affairs updates with Adda247 headlines. Adda247 headlines of the day brings you the best collection of daily updates. Stay connected with us!

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10th May | Current Affairs 2024 | Current Affairs Today | Current Affairs by Ashish Gautam

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