Daily Current Affairs- 28 December 2023

Today's Current Affairs 28th December 2023

INTERNATIONAL

Pakistan Successfully Tests Advanced Rocket System Fatah-II

• Pakistan’s military successfully conducted a flight test of the indigenously developed guided multi-launch rocket system Fatah-II.

About Pakistan:

President: Arif Alvi 

Capital: Islamabad

 NATIONAL

Union Minister Anurag Singh Thakur Initiated ‘MY Bharat’ Campaign

• Union Minister for Information and Broadcasting, Anurag Singh Thakur, recently addressed the youth after the launch of the MY Bharat campaign.

IOA Forms Ad Hoc Committee to Govern Suspended WFI

• In response to the suspension of the Wrestling Federation of India (WFI) by the Sports Ministry, the Indian Olympic Association (IOA) has established a three-member ad hoc committee to oversee the day-to-day operations of the WFI.

About Hoc:

• Chairman: Bhupinder Singh Bajwa (Wushu Association of India President)
• Member: M M Somaya (Hockey Olympian)
• Member: Manjusha Kanwar (Former International Shuttler)

About IOA:

President: P. T. Usha

Founded: 1927

Headquarters: New Delhi

Founders: Harry Buck, Arthur Noehren

MHA Declares Muslim League Jammu Kashmir (Masarat Alam faction) Unlawful Under UAPA

• The Ministry of Home Affairs (MHA) has designated the Muslim League Jammu Kashmir (Masarat Alam faction) as an “unlawful association” for a five-year period under the anti-terror Unlawful Activities (Prevention) Act (UAPA).

Incident of Ammonia Gas Leakage Reported In Ennore Region, Chennai

• On Tuesday night, a fertilizer plant in North Chennai’s Ennore area experienced an ammonia gas leak.
• The Tamil Nadu Pollution Control Board (TNPCB) stated that the level of ammonia in the air was alarmingly high at 2,090 micrograms per cubic meter.

About Tamil Nadu:

Founded: 1773

Chief Minister: M. K. Stalin

Governor: R. N. Ravi

Capital: Chennai

 SPORTS

Indian Wrestler Pooja Dhanda Suspended for One Year Due to Whereabouts Failures

• Indian wrestler Pooja Dhanda, a decorated athlete with international accolades, has been suspended for one year by the National Anti-Doping Agency (NADA) due to three whereabouts failures.
• NADA, established in 2005, is India’s central anti-doping agency responsible for testing athletes to ensure fair competition and adherence to World Anti-Doping Agency (WADA) regulations.

About NADA:

Headquarters: New Delhi

Founded: 24 November 2005

Chairman: Minister of Sports (India)

 OBITURY

Tamil Superstar and Politician Vijayakanth Passes Away at 71

• Tamil Nadu’s beloved actor and politician Vijayakanth, fondly called “Captain,” passed away.
• In 2005, Vijayakanth forayed into politics by founding the Desiya Murpokku Dravida Kazhagam (DMDK) party.

 BANKING AND ECONOMY

CEBR Forecasts India as Third-Largest Economy By 2032, Global Economic Leader by Century’s End

• According to the latest World Economic League Table by CEBR, India’s GDP is poised to exceed that of China by a staggering 90% and surpass that of the United States by 30%.
• This monumental shift is anticipated to materialize post-2080.
• A critical element of this ascension is India’s forecasted average growth rate of 6.5% from 2024 to 2028.
• This trajectory positions India to become the world’s third-largest economy by 2032

About Centre for Economics and Business Research (Cebr):

Founded: 1992

Headquarters: 4 Bath Street; London EC1V 9DX; United Kingdom

Bank of Baroda to Sell 100% stake In Its New Zealand subsidiary

• Bank of Baroda (BoB), the second-largest public sector bank (PSB) in India, witnessed a surge in its share price, reaching a fresh 52-week high of ₹233.75 per share on the Bombay Stock Exchange (BSE).
• In a newspaper advertisement released on December 27, Bank of Baroda disclosed its intention to divest its entire 100 percent stake in Bank of Baroda (New Zealand).

About Bank of Baroda:

Founder: Sayajirao Gaekwad III

Founded: 20 July 1908, Vadodara

Headquarters: Alkapuri, Vadodara

Coca-Cola Scores a Victory Lap: Secures 8-Year Partnership with ICC as Global Cricket Partner

• Coca-Cola has signed an eight-year deal as the global partner of the ICC, extending their commitment to the sport until the end of 2031.
• This marks a significant extension from their initial five-year agreement in 2019.

About International Cricket Council (ICC):

Headquarters: Dubai, United Arab Emirates

Founded: 15 June 1909

CEO: Geoff Allardice

Chairman: Greg Barclay