Daily Current Affairs, 30th September 2024, Important News Headlines (Daily GK Update)
stay connected for the most significant current affairs of September 30, 2024, to remain informed about the most recent national and international news, significant developments, and key events.
National News
PM Modi Virtually Inaugurates Development Projects Worth ₹11,200 Crore in Maharashtra
On September 29, 2024, Prime Minister Narendra Modi virtually inaugurated and placed the foundation stone for a variety of projects in Maharashtra, totalling ₹11,200 crore, as the Assembly election approaches. Following the cancellation of his scheduled visit to Pune on September 26, which was precipitated by exceptionally heavy rainfall in the city, this occasion transpired.
Shankh Air, India’s most recent airline, is scheduled to commence operations.
After obtaining approval from the civil aviation ministry, Shankh Air, India’s most recent airline, is set to commence operations by the conclusion of 2024. This is a significant development for Uttar Pradesh, as Shankh Air intends to establish facilities in Lucknow and the upcoming Noida International Airport in order to become the state’s first scheduled airline. The airline intends to concentrate on both intra- and interstate routes, with a particular emphasis on regions with increased demand and restricted direct flight options.
Current Events on a Global
NATO to Establish Northern Land Command in Eastern Finland
A new land command is to be established in Finland, near the Russian frontier, in 2025 by NATO to oversee land force operations in northern Europe during potential military conflicts. Finland, which joined NATO last year in response to Russia’s invasion of Ukraine in 2022, is currently preparing for the alliance’s arrival on its soil. The proposal to establish the command at Finland’s Army Headquarters in Mikkeli was announced by Finnish Defence Minister Antti Hakkanen. The Multi Corps Land Component Command, designated as the centre, will operate under the Norfolk Joint Force Command of NATO, which is headquartered in the United States, and Finland’s own land force command.
Economy News India’s Forex Reserves Reach Record High of $692.3 Billion
The Reserve Bank of India released data on September 27 indicating that India’s foreign exchange reserves had attained a record high of $692.3 billion as of September 20. The reserves experienced a $2.84 billion increase during the week, which follows a cumulative increase of $19.3 billion over the previous five weeks. The Reserve Bank of India’s interventions in the forex market and inflows into local equities and bonds were the primary factors contributing to the increase in reserves.
The OECD has revised India’s FY25 growth forecast upward to 6.7%.
In its Interim Economic Outlook, which was published on September 25, the Organisation for Economic Co-operation and Development (OECD) increased India’s FY25 growth forecast to 6.7% from 6.6%. The inflation rate is anticipated to increase to 4.5%, which is higher than the previous estimate of 4.3%. The Indian economy is anticipated to expand at an even faster rate of 6.8% in FY26, which represents a 20 basis point increase from the May forecast. The OECD underscored that India will continue to be the fastest-growing economy in 2024 and 2025, surpassing the United States, China, and other G20 nations.
GoM on Compensation Cess is Established by the GST Council
The commodities and Services Tax (GST) Council has established a 10-member Group of Ministers (GoM) chaired by Minister of State for Finance Pankaj Chaudhary to discuss the future taxation of luxury, sin, and demerit commodities in anticipation of the compensation cess’s expiration in March 2026. Representatives from Assam, Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Punjab, Tamil Nadu, Uttar Pradesh, and West Bengal constitute the GoM, which is anticipated to submit a report by December 31.
Banking News IndusInd Bank Appoints Sumant Kathpalia as MD & CEO
The board of IndusInd Bank has approved the reappointment of Sumant Kathpalia as Managing Director and Chief Executive Officer (MD & CEO) for an additional three-year term from March 24, 2025, to March 23, 2028. The appointment is subject to the approval of the Reserve Bank of India (RBI) and shareholders.
Business News NSE and BSE Revise Transaction Fees; New Charges Effective October 1
Effective October 1, 2024, BSE and NSE have implemented modifications to their transaction fees. The adjustments, which affect a variety of segments, are consistent with SEBI’s July directive, which requires a consistent fee structure for market infrastructure institutions (MIIs). This action eliminates the slab-based structure that was previously in place and guarantees transparency for the end user.
News Regarding Awards
Honouring Mathematical Excellence: The 2024 SASTRA Ramanujan Prize
The 2024 SASTRA Ramanujan Prize will recognise another exceptional mathematical intellect, marking a momentous occasion in the field of mathematics. Alexander Dunn of the Georgia Institute of Technology, U.S., will receive this esteemed award, which acknowledges exceptional contributions to mathematics, particularly those that have been influenced by the legendary Srinivasa Ramanujan.
State News
Udhayanidhi Stalin was sworn in as the Deputy Chief Minister of Tamil Nadu.
Udhayanidhi Stalin, the son of the Chief Minister of Tamil Nadu, M. K. Stalin, was sworn in as the new Deputy Chief Minister of the state. The cabinet was reorganised, and several members were replaced.
News Regarding Appointments
Fairness Manmohan was sworn in as the Chief Justice of the Delhi High Court.
in the capital of India, Justice Manmohan took the oath of office as the Chief Justice of the Delhi High Court. The Oath was administered by Lieutenant Governor Vinai Kumar Saxena at a ceremony that was also witnessed by the new Chief Minister of Delhi.
IPS Nalin Prabhat is scheduled to assume the role of DGP of J&K on October 1.
The Director General of Police (DGP) of Jammu and Kashmir was appointed by the Ministry of Home Affairs (MHA) to be IPS Nalin Prabhat. He is scheduled to assume responsibility on October 1. He will continue to serve as the Special Director-General (DG) of the Jammu and Kashmir Police until that time.
Shreyams Kumar is elected as the Chair of INS as the new President.
The Indian Newspaper Society (INS), the country’s foremost organisation of publishers of newspapers, magazines, and periodicals, has elected M V Shreyams Kumar of Mathrubhumi as its President. He will succeed Rakesh Sharma as the leader of Aaj Samaj.
Scheme News The ‘Telangana Darshini’ Program is a program that allows students to visit historical sites.
The ‘Telangana Darshini’ Program was initiated by the Telangana state government to provide government school students with the opportunity to investigate historical and tourist sites at no cost. Additionally, it is intended to enhance the educational experiences of students attending government schools.
News Regarding Books and Authors
LARA: The England Chronicles – A Cricket Legend’s Journey
Brian Lara is a unique figure in the annals of cricket history. His distinctiveness is not merely a matter of opinion; it is a fact that has been inscribed in the sport’s record books. It is highly probable that the cricketing world will never witness another batsman of his calibre.
Sports News
In Japan, Gulveer Singh of India established a new national record in the 5000m.
In Niigata, Japan, Gulveer Singh of India established a new national record while winning the men’s 5000m gold at the Yogibo Athletics Challenge Cup of the World Athletics Continental Tour. Gulveer triumphed in the race with a time of 13:11.82, surpassing his previous national record set earlier this year.
BCCI inaugurates Bengaluru’s Centre of Excellence
The BCCI (Board of Control for Cricket in India) has inaugurated the Centre of Excellence, a state-of-the-art facility located on the periphery of Bengaluru city, in order to enhance the cricketing infrastructure. What is also known as the New National Cricket Academy?
Significant Dates International Translation Day 2024: Date, History, Theme, and Significance
International Translation Day is an annual event that takes place on September 30, marking the world’s collective recognition of the invaluable contributions of language specialists and translators worldwide. This unique event provides an opportunity to acknowledge the accomplishments of these professionals, who are instrumental in the advancement of international communication, collaboration, and comprehension. Translators play a critical role in the advancement and reinforcement of global peace and security by promoting mutual understanding and dialogue across linguistic boundaries.
Obituaries Dame Maggie Smith, a legendary actress, has passed away at the age of 89.
Entertainment mourns the passing of one of its most shining luminaries. Dame Maggie Smith, the acclaimed British actress who was celebrated for her roles in Harry Potter and Downton Abbey, has passed away at the age of 89. In a heartfelt statement, her family confirmed the news, stating that she passed away peacefully in a hospital, encircled by her closest friends and family.
Keki N. Daruwala, a renowned poet, passed away at the age of 87.
At 87 years of age, Keki N. Daruwala, a renowned poet and former IPS officer, has passed away in New Delhi. Daruwala’s legacy will be felt for generations and served as an inspiration to many youthful writers. He has also been awarded the Sahitya Akademi Award.
MCQ
1. How much did Prime Minister Modi virtually inaugurate in development projects in Maharashtra on September 29, 2024?
₹11,200 crore.
2. What is the name of India’s newest airline that is set to commence operations by the end of 2024?
Shankh Air.
3. Where will NATO establish its new land command in 2025?
Eastern Finland.
4. What recent record did India’s foreign exchange reserves reach, according to data released on September 27?
$692.3 billion.
5. What is India’s revised growth forecast for FY25 as indicated by the OECD in its Interim Economic Outlook?
6.7%.
6. Who will chair the newly established Group of Ministers (GoM) on Compensation Cess by the GST Council?
Minister of State for Finance Pankaj Chaudhary.
7. Who has been reappointed as the MD & CEO of IndusInd Bank for an additional term?
Sumant Kathpalia.
8. What changes have NSE and BSE made regarding transaction fees effective October 1, 2024?
They have revised their transaction fees.
9. Who is the recipient of the 2024 SASTRA Ramanujan Prize?
Alexander Dunn.
10. Who was sworn in as the Deputy Chief Minister of Tamil Nadu?
Udhayanidhi Stalin.
11. Who took oath as the Chief Justice of the Delhi High Court?
Justice Manmohan.
12. Who is scheduled to become the Director General of Police (DGP) of Jammu and Kashmir on October 1?
IPS Nalin Prabhat.
13. Who has been elected as the new President of the Indian Newspaper Society (INS)?
M V Shreyams Kumar.
14. What program allows government school students in Telangana to visit historical sites at no cost?
The ‘Telangana Darshini’ Program.
15. What is the focus of the book “LARA: The England Chronicles”?
A cricket legend’s journey.
16. Who established a new national record in the 5000m race in Japan?
Gulveer Singh.
17. What facility has the BCCI inaugurated near Bengaluru for cricket development?
Centre of Excellence.
18. When is International Translation Day observed each year?
September 30.
19. Which legendary actress passed away at the age of 89 recently?
Dame Maggie Smith.
20. What was Keki N. Daruwala known for besides being a poet?
He was a former IPS officer.
