Daily Current Affairs- 7 August 2024

Daily Current Affairs- 7th August 2024

INTERNATIONAL

ITBP to Get Russian KAMAZ Typhoon Vehicle for LAC

• The Indo-Tibetan Border Police (ITBP) has successfully conducted a demonstration and trial of the formidable Typhoon vehicle at its Transport Battalion in Chandigarh, The event was attended by officials from Vehicle Factory Jabalpur, it marks an important step in upgrading the force’s vehicles. 

Australia Announces Maitri Grants For Research & Cultural Collaboration with India

• Australian government has unveiled the Maitri Research and Cultural Partnerships Grants. These grants, aimed at fostering Australia-India collaboration, encompass sustainable manufacturing, energy transition research, and artistic projects. Minister Penny Wong praised the initiatives for strengthening bilateral ties, emphasizing the importance of human connections in the relationship. 

NATIONAL

Haryana’s Groundbreaking MSP Policy

• On August 4, 2024, Haryana Chief Minister Nayab Singh Saini made a historic announcement that could reshape agricultural policy in implement such a comprehensive MSP policy. The state government declared its intention to purchase all crops at the Minimum Support Price (MSP), making Haryana the first state in the country to so. 

Gati Shakti Vishwavidyalaya in collaboration with Airbus begins its first executive training program

• Gati Shakti Vishwavidyalaya in collaboration with Airbus has started its first executive training program for the aviation sector in New Delhi. This three-day program, which began yesterday, will be focused on Safety Management Systems for working professionals. 

SPORTS

Indian Wrestler Vinesh Phogat Disqualified From Paris Olympic 2024

• Indian wrestler Vinesh Phogat has been disqualified from the Paris Olympics after failing to meet weight requirement for her 50 kg gold medal. As per the report, Phogat was reportedly over the permissible weight limit by just 100 grams, which lead to her disqualification. According to competition rules, she will not be eligible for a silver medal, leaving only gold and bronze winners in the 50 kg category. 

APPOINTMENS & RESIGNATIONS

Lt Gen Vikas Lakhera takes charge as Assam Rifles DG

• Lt Gen Vikas Lakhera took over as the 22nd director general of Assam Rifles, He succeeds Lt Gen (retd) PC Nair, who relinquished the command of the force on superannuation from military service. 

IMPORTANT DAYS

National Handloom Day: India

• Every year on August 7th, India celebrates National Handloom Day, a tribute to its rich heritage of traditional weaving and the invaluable contributions of handloom weavers.
• The first National Handloom Day was celebrated in 2015, with an event in Chennai to mark the launch of Swadeshi Movement on August 7, 1905. 

National Javelin Day

• India declared August 7 as National Javelin Day, a fitting tribute to Chopra's golden throw and a day to celebrate the sport that brought India unprecedented glory on the world stage, On August 7, 2021, Neeraj Chopra etched his name in history by winning India's first-ever Olympic gold medal in track and field. (Tokyo Olympics, 2020 held in 2021) His historic javelin throw of 87.58 metres not only secured the gold but also made him the second Indian to win an individual Olympic gold, following Abhinav Bindra. 

SUMMITS & MOUs

India and Saint Kitts & Nevis Sign MoU on Sports Cooperation

• India and Saint Kitts & Nevis have signed a Memorandum of Understanding (MoU) to enhance cooperation in the field of sports. The agreement was formalized by Dr. Mansukh Mandaviya, India’s Minister of Youth Affairs and Sports, and Dr. Denzil Douglas, Minister of Foreign Affairs of Saint Christopher & Nevis. This MoU outlines several key areas of collaboration aimed at improving sports infrastructure, training, and management between the two nations. 

BANKING AND ECONOMY

Capital Small Finance Bank and Edelweiss Life Insurance enter into bancassurance tie-up

• Capital Small Finance Bank Limited (CSFB), and Edelweiss Life Insurance have entered into a bancassurance tie-up. This strategic partnership will enable CSFB's customer base to access Edelweiss Life Insurance's life insurance products suite, thereby meeting their need for financial security.