Daily Current Affairs 29th July 2024, Important News Headlines (Daily GK Update)

National News

India’s First Sunken Museum at Humayun’s Tomb Set for Grand Inauguration

Delhi is set to unveil a unique addition to its historical attractions. On July 29, 2024, the country’s first sunken museum at the Humayun’s Tomb complex, a UNESCO World Heritage Site, will be inaugurated. This museum will offer visitors a new way to experience Mughal history and architecture, combining historical elements with modern technology.

EAM Jaishankar Unveils Bust of Mahatma Gandhi in Tokyo

External Affairs Minister S. Jaishankar unveiled a bust of Mahatma Gandhi in Tokyo’s Edogawa ward. This event highlighted Gandhi’s global legacy and his message of peace and non-violence. The unveiling coincided with Jaishankar’s visit to Japan for a Quad foreign ministers’ meeting.

APJ Abdul Kalam’s 9th Death Anniversary

July 27, 2024, marks the 9th death anniversary of Dr. APJ Abdul Kalam, a visionary scientist and the 11th President of India. Known as the “Missile Man of India,” Dr. Kalam made significant contributions to aerospace engineering and defense technology. His legacy continues to inspire many, emphasizing values like integrity, humility, and perseverance.

Nita Ambani Unveils India House at Paris 2024 Olympics

Nita Ambani, an IOC member and founder of the Reliance Foundation, inaugurated the India House during the Paris 2024 Olympics on July 27. This is India’s first-ever country house at the Olympics, marking a significant milestone. Ambani celebrated the occasion as a representation of India’s Olympic ambitions and expressed hope for India to host the Games in the future.

International News

INS Tabar Reaches Saint Petersburg for Russian Navy Day Celebrations

INS Tabar, a frontline frigate of the Indian Navy, arrived in Saint Petersburg to participate in the 328th Russian Navy Day celebrations. The ship, part of the Indian Navy’s Western Fleet, was warmly welcomed by the Russian Federation Navy. This visit aims to strengthen maritime cooperation between the two navies.

Japan’s Sado Gold Mine Gains UNESCO Status

The UNESCO World Heritage committee decided on July 27 to register Japan’s Sado gold mine as a cultural heritage site. This decision came after Japan agreed to include the mine’s dark history of using Korean laborers during World War II in its exhibit. This move signals an improvement in relations between Tokyo and Seoul.

Summits and Conferences

9th Governing Council Meeting Of NITI Aayog Outcomes

Prime Minister Narendra Modi chaired the 9th Governing Council Meeting of NITI Aayog on July 28. The meeting was held at the Rashtrapati Bhavan Cultural Centre in New Delhi and was attended by Chief Ministers and Lt. Governors from 20 States and 6 Union Territories.

Dr. S. Jaishankar At The Quad Foreign Ministers’ Meeting In Tokyo

Foreign ministers from Australia, India, Japan, and the United States expressed serious concerns about dangerous maneuvers in the South China Sea. They pledged to bolster maritime security in the region. This joint statement came after talks between the Quad countries in Tokyo, attended by Australia’s Penny Wong, India’s Subrahmanyam Jaishankar, Japan’s Yoko Kamikawa, and Antony Blinken from the U.S.

Business News

UltraTech Acquires 32.7% Stake in India Cements for ₹3,945 Crore

UltraTech Cement, part of the Aditya Birla Group, will acquire a 32.72% equity stake in India Cements for ₹3,945 crore. The acquisition will be finalized through a Share Purchase Agreement with the promoters of India Cements, led by N. Srinivasan, pending regulatory approvals. UltraTech plans to make an open offer to India Cements shareholders at ₹390 per share after securing these approvals.

Banking News

Karnataka Bank Partners with ICICI Lombard General Insurance

Karnataka Bank has announced a strategic partnership with ICICI Lombard General Insurance Company. This partnership will allow Karnataka Bank’s customers to access a wide range of insurance products, including health, motor, travel, and home insurance.

Economy News

Digital Payments Rise 12.6% by March-End 2024: RBI Data

As of March 31, 2024, digital payments in India saw a 12.6% year-over-year increase, according to the Reserve Bank of India’s Digital Payments Index. The index reached 445.5, up from 418.77 in September 2023 and 395.57 in March 2023. The RBI attributed this growth to improvements in payment performance and infrastructure across the country.

Appointments News

Manoj Mittal Takes Charge As Sidbi’s CMD After Appointment By Centre

Manoj Mittal has taken charge as Chairman and Managing Director of the Small Industries Development Bank of India (Sidbi), following his appointment by the Government of India. Before this, he was the managing director of the Industrial Finance Corporation of India (IFCI).

State News

Telangana CM Announces ₹309 Crore Development Package for Kalwakurthy

On Sunday, Chief Minister A. Revanth Reddy attended a public meeting in Kalwakurthy to mark the death anniversary of former Union Minister S. Jaipal Reddy. During the event, he announced a significant development package worth ₹309 crore for the Kalwakurthy Assembly constituency.

Sports News

Lewis Hamilton Wins Belgian Grand Prix After George Russell’s Disqualification

Lewis Hamilton won the 2024 Formula 1 Rolex Belgian Grand Prix under dramatic circumstances. His Mercedes teammate George Russell, who initially finished first, was disqualified due to a technical infringement. Russell’s car was found to be underweight in the post-race inspection, leading to his disqualification.

Important Days

International Tiger Day 2024: Date, History, and Significance

International Tiger Day aims to protect the natural habitats of tigers and raise public awareness about their conservation. This global initiative focuses on increasing online interest in tiger-related issues, especially in an age where digital engagement is crucial for spreading information.