29th May, 2024 Current Affairs

Sakshi Education

NATIONAL
CCRAS Unveils PRAGATI-2024 to Boost Research and Innovation in Ayurveda

The Central Council for Research in Ayurvedic Sciences (CCRAS) has launched the Pharma Research in AyurGyanAnd Techno Innovation (PRAGATI-2024) initiative to promote research and innovation in the field of ayurveda. This initiative aims to provide an opportunity for collaborative research between CCRAS and the ayurveda drug industry.
PRAGATI-2024 is designed to foster collaborative research efforts between CCRAS and the ayurveda drug industry. This partnership is expected to drive innovation and growth in the ayurveda sector.
The initiative is poised to be a significant milestone for the development of the ayurveda industry in India. By providing a robust platform for research collaboration, PRAGATI-2024 is expected to catalyze the growth and advancement of ayurvedic sciences.

INTERNATIONAL
India Announces One Million Dollar Relief Assistance For Landslide-Hit Papua New Guinea

India has announced an immediate relief assistance of one million US dollar to support relief, rehabilitation and reconstruction efforts to Papua New Guinea in the wake of devastating landslide. A massive landslide occurred on 24th of May in Enga Province, Papua New Guinea which buried hundreds of people and caused major destruction and loss of life.
Prime Minister Narendra Modi has expressed grief over the the loss of lives and damage caused by the devastating landslide in Papua New Guinea.
India’s pays heartfelt condolences to the affected families and prayers for speedy recovery of the injured. He further said that India is ready to offer all possible support and assistance.

Allamaye Halina Named New PM of Chad

Chad, a north-central African nation, has witnessed a significant transition in leadership as Mahamat Idriss Deby was sworn in as the country’s new president. Deby’s ascension to power marks the end of three years of military rule in the oil-rich but impoverished nation.
Chad’s political landscape has garnered significant international attention, particularly from France, which currently maintains a 1,000-strong military presence in the country. France’s support for the new leadership highlights its strategic interests in the region, where it has faced setbacks as military regimes have taken control in former colonies such as Mali, Burkina Faso, and Niger.

Also Read: May 9th Current Affairs GK quiz: Top 15 GK Questions Quiz on Major International Organizations and Their Headquarters

Download Sakshi Education Mobile APP

ECONOMY
Indian Economy Grew 7.4% in Q4 FY24; 8% in FY24: SBI Research Report

The Indian economy showcased robust growth, with a GDP increase of 7.4% in Q4 FY24 and an overall 8% growth for the fiscal year FY24, according to an SBI Research report. This announcement comes ahead of the official GDP figures release by the Centre on May 31 for Q4 FY24 and the provisional estimates for FY24.
The Reserve Bank of India (RBI) estimated Q4 FY24 real GDP growth at 7.3%, with expectations for Q1 FY25 at 7.5%, and full-year FY25 growth projected at 7.0%. Chief Economic Adviser V. Anantha Nageswaran also indicated a high possibility of India’s economic growth touching 8% in FY24.
In Q4 FY24, around 2,400 listed entities reported a top-line growth of 9%, while EBIDTA grew by approximately 21%, compared to a flat top line in previous quarters.

Published date : 30 May 2024 03:17PM