Daily Current Affairs- 13th May 2024

Daily Current Affairs- 13th May 2024

SPORTS

Japan defeated Pakistan to win the 30th Sultan Azlan Shah Trophy

• Japan won its maiden Sultan Azlan Shah Hockey trophy by defeating Pakistan 4-1 in the penalty shoot-out in the final. The final was played at the Azlan Shah Stadium in Ipoh, Malaysia, on 11 May 2024, It was the first Sultan Azlan Shah Title for Japan.
• The Japanese men’s hockey team defeated Pakistan to claim its first Sultan Azlan Shah Trophy. In the final, the match ended at 2-2 after the end of the normal. In the penalty shoot-out, Japan defeated Pakistan by 4-1.
• The Pakistani team, also popularly called the Green Shirts, was appearing in the final of the Azlan Shah for the 10th time. It last played the final in 2011, which it lost to Australia. Pakistan has won the Sultan Azlan Shah trophy three times. 

R Praggnanandhaa Beats World Number One Magnus Carlsen - Grand Chess Tour

• In Chess, India’s R Praggnanandhaa scored yet another victory over world number one Magnus Carlsen of Norway to keep himself afloat even as Wei Yi of China stretched his lead to a massive 2.5 points in the Superbet rapid and blitz tournament.
• With nine rounds still to go in the blitz event, Wei Yi has amassed 20.5 points with seven wins on the first day of blitz. Ending the day with 7.5 out of a possible nine, Yi seems like a man possessed and is poised to win the first leg of the Grand Chess Tour. 

Mumbai City FC beat Mohun Bagan Super Giant 3-1 to win the Indian Super League 2023-24

• Mumbai City FC beat Mohun Bagan Super Giant 3-1 in the Indian Super League 2023-24 final at the Salt Lake Stadium in Kolkata. Incidentally, Mumbai City FC's first title, in the 2020-21 season, came after beating ATK Mohun Bagan in the final.
• The 2023–24 Indian Super League was the 10th season of the Indian Super League (ISL) and the 28th season of the top-tier in Indian football. It commenced on 21 September 2023 and concluded with the ISL Cup final on 4 May 2024. 

SCIENCE &TEHNOLOGY

Kadet Defence systems introduces India's first loitering aerial munitions for Armed Forces

• Kadet Defence Systems (KDS) has achieved a significant milestone in bolstering India's defence capabilities by pioneering the development of India's first Loitering Aerial Munitions (LAM). Through a distinctive Development cum Production Partner (DCPP) arrangement with the Defence Research Development Organisation (DRDO).
• The LAM Systems, achieved through continuous innovation and strategic collaboration, comprise a wide array of advanced technologies. These include Canister Aerial Loitering Munition (CALM), Combat UAVs equipped with stand-off capabilities for munition release, and Tactical VTOL UAVs. Kadet's LAMs mark a significant shift in modern warfare tactics.

 APPOINTMENS & RESIGNATIONS

Rizwan Koita Appointed as NABH Chairperson

• Rizwan Koita, Director of Koita Foundation and co-founder of CitiusTech, has been appointed as the chairperson of the National Accreditation Board for Hospitals and Healthcare Providers (NABH).
• NABH is a constituent board of the Quality Council of India (QCI) that is responsible for setting benchmarks for quality, accrediting and certifying hospitals and other healthcare organisations. Mr. Koita has been a Board member of NABH over the past 2 years and has been actively involved with the Digital Health initiatives at NABH. 

N Chandrasekaran to Chair Tata Electronics

• N Chandrasekaran, Tata Sons chairman, will assume the role of chairman of Tata Electronics, highlighting Tata's determination to enter the semiconductor industry as the group forays into semiconductors, EVs, and iPhone manufacturing amid India's ambition of Atmanirbhar Bharat.
• In addition to Thakur, Tata Electronics has made several key appointments to bolster its semiconductor expertise. Srinivas Satya, formerly country president of semiconductor products group at Applied Materials, joined as chief supply chain officer and president of components business in January 2024.
• The company has also hired 50-60 top-level expatriates in recent months, leveraging their extensive expertise in semiconductor technology, strategic planning, and design to drive its business forward. 

SUMMIT'S & MOU's

UAE-India CEPA Council and Indian Chamber of Commerce inks MoU to enhance bilateral relations

• The UAE-India CEPA Council (UICC) signed a Memorandum of Understanding (MoU) with the Indian Chamber of Commerce (ICC), commencing a strategic partnership to bolster economic and trade ties between the UAE and India.
• In alignment with their respective mandates, the UICC and the ICC will synergise efforts, resources, and ideas, and collaborate on increasing awareness within the UAE and India of the significant potential of the UAE-India bilateral economic partnership. 

Nepal’s Ambassador to India arrives in Sikkim to attend 38th India-Nepal Foundation Board Meeting

• Shankar Prasad Sharma, Nepal’s Ambassador to India, has arrived in Sikkim accompanied by his spouse, Mrs. Kalpana Sharma, to attend the 38th Board Meeting of the India Nepal Foundation.
• The ambassador was warmly welcomed at the Rangpo Facilitation Centre by local dignitaries including Mr. Thendup Lepcha, SDM Rangpo, and Mr. Sanjiv Khati, President of Rangpo Nagar Panchayat, among others. The meeting, scheduled from May 12th to 14th, 2024, to underscores the strengthening ties between Nepal and India. 

AWARDS & RECOGNITION

Dr. Soumya Swaminathan to get Honorary Doctorate by McGill University

• Dr Soumya Swaminathan, most recently WHO's Chief Scientist, has been named among the 10 exceptional individuals who will receive honorary degrees from Canada’s prestigious McGill University as part of the Spring 2024 Convocation ceremonies.
• In 2017, Swaminathan joined the World Health Organisation (WHO) as Deputy Director General (Programmes), and, in March 2019, was named its first Chief Scientist, a role she filled through the Covid-19 pandemic until late 2022. 

BANKING AND ECONOMY

Hinduja Group gets IRDAI approval for Reliance Capital acquisition

• Hinduja Group’s IndusInd International Holdings (IIHL) on May 10 received the long-awaited Insurance Regulatory and Development Authority of India’s approval for the acquisition of Reliance Capital.
• The acquisition will include the takeover of Reliance Capital’s insurance arms — wholly-owned subsidiary Reliance General Insurance and 51:49 JV with Nippon Life, Reliance Nippon Life Insurance.
• The insurance regulator has cleared the transfer of Reliance Capital’s 26 per cent stake in Reliance Nippon Life to Aasia Enterprises. Post the transaction, Reliance Capital, Nippon Life Insurance and Aasia Enterprises LLP will be the promoters of the company.