Current Affairs 2024 – Daily, Weekly, Monthly And Yearly PDF
Day of the Year
National Happiness Happens Day
- Founded in 1999 under the name of “Admit You’re Happy Day” by the Secret Society of Happy People, National Happiness Happens Day aims to spread the joy of being happy, and to persuade people to look on the brighter side of life.
- The Secret Society of Happy People was founded in August of 1998. It is an organization that was created in order to celebrate happiness. The society encourages members to think about happiness in their daily life and recognize happy moments.
Latest Updates
An extra 100 gm crushes Vinesh’s Olympic dreams
- On the cusp of glory, wrestler Vinesh Phogat’s campaign in her third Olympics ended as the wrestler, who stunned Japan’s World and Olympic champion Yui Susaki on her way to the women’s 50-kg final, was disqualified after weighing 100 grams more than the permissible limit in the morning weigh-in ahead of the final, on Wednesday.
- A two-time World Wrestling Championships bronze medallist in 53kg and a prominent face of the wrestlers’ protest against alleged sexual harassment by former Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh, Vinesh, who maintains a body weight of around 57kg, had dropped down to 50kg for the Olympics. She managed to cut down her weight to the limit on day one of the competition but struggled to do so prior to her final against the U.S.’s Sarah Ann Hildebrandt. “Last night her weight was up by 1 kg. We and her personal support staff worked to cut it down. In the morning, she went to the sauna and gym.
States
Focus on booth management in run-up to bypolls to 10 Assembly seats in U.P., CM tells BJP workers
- Uttar Pradesh Chief Minister Yogi Adityanath directed BJP workers and local leaders to focus on booth management ahead of the byelections to 10 Assembly seats during a meeting held in Ambedkar Nagar on Wednesday.
- “It is necessary to establish dialogue with the masses. The byelections will be a contest between the development agenda of the BJP and the divisive propaganda of the Opposition,” Mr. Adityanath said.
- The Katehari Assembly segment in Ambedkar Nagar Lok Sabha constituency goes to polls as it has been vacated by Samajwadi Party (SP) leader Lalji Verma, who was elected as an MP from Ambedkar Nagar in the Lok Sabha poll.
News Capsule
Lok Sabha passes Finance Bill, amends provision on LTCG tax
- The Finance Bill, 2024 was passed in the Lok Sabha on Wednesday with an amendment relaxing a proposal for the long-term capital gains tax on real estate. It allows tax payers an option to switch to a new lower tax rate or stick to the old regime that had a higher rate with indexation benefit.
- The amendment comes after a proposal to remove indexation benefit in calculation of long-term capital gains on sale of immoveable properties in the Budget, 2024-25 had evoked criticism from various corners, including Opposition parties and tax professionals. The Budget had proposed a lower 12.5% rate of LTCG tax, down from 20%, while doing away with the indexation benefit.
- With this amendment, individuals or Hindu Undivided Families (HUFs) who bought houses before July 23, 2024, can opt to pay LTCG tax under the new scheme at the rate of 12.5% without indexation or claim the indexation benefit and pay 20% tax.
SC posts PMLA judgment review to Aug. 28, asks if it’s ‘appeal in disguise’
- Supreme Court Bench headed by Justice Surya Kant scheduled for August 28 a series of petitions seeking a review of a July 2022 judgment of the apex court, which gave unbridled powers to the Enforcement Directorate (ED) to arrest and summon individuals and raid private property under the Prevention of Money Laundering Act (PMLA).
- The Bench, including Justices C.T. Ravikumar and Ujjal Bhuyan, however, made it a point on Wednesday to note that a review in open court should not take the tone of an appeal against a Supreme Court judgment.
- Justice Ravikumar asked whether, even if a judgment had “gravely erred”, review proceedings would still partake the character of an appeal. There is no appeal against a judgment of the final court.
Double Olympic medallist Manu Bhaker meets Sonia
Star pistol shooter Manu Bhaker met Congress Parliamentary Party chief Sonia Gandhi as she returned to the country on Wednesday after her historic feat of winning two medals in a single edition of the Olympic Games. Ms. Bhaker met Ms. Gandhi at the latter’s 10 Janpath residence here. Sources said Ms. Gandhi congratulated Ms. Bhaker on her historic feat and wished her for her future endeavours. Earlier in the day, as Ms. Bhaker landed in the country, she was welcomed by hundreds of supporters and her family, who braved a steady drizzle to give her a memorable reception. PTI
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Chandrayaan-3 team, ex-IISc Director win top science awards
- he Union government has announced the first set of Rashtriya Vigyan Puraskar, or national awards for scientists, ever since it controversially cut down the number of such awards in 2022. Thirty-three of these awards, slated to be given on August 23, National Space Day to mark Chandrayaan-3’s moon landing, were announced on Wednesday.
- scientific awards scheme, the Ministry of Science and Technology in January this year had notified four categories of awards, comprising a maximum of 56, for scientists. These are up to three Vigyan Ratna to recognise life-time achievements and contributions made in a given field of science and technology, up to 25 Vigyan Shri to recognise distinguished contributions, up to 25 Vigyan Yuva: Shanti Swarup Bhatnagar award to recognise and encourage young scientists who made an exceptional contribution, and up to three Vigyan Team awards to recognise a team of three or more scientists/researchers/innovators who have made an exceptional contribution working in a team.
Bosch Q1 net rises 14% on automotive market demand
Bosch Ltd. on Wednesday posted a 14% YoY growth in Q1 net profit to ₹466 crore, while revenue grew 3.8% to ₹4,317 crore. Guru Prasad Mudlapur, MD, Bosch Ltd., and President, Bosch Group in India, said the growth was driven by higher demand in the overall automotive market, mainly in the passenger car segment. He said the financial year commenced with moderate growth in the automotive market despite the challenges of a high base from the previous year.
