Today's Current Affairs 5th December 2023

INTERNATIONAL

China Adopts ‘One Province, One Policy’ Approach to Financial Risk Management

• The second-largest global economy has faced challenges this year.
• The announcement aligns with the outcomes of the Central Financial Work Conference in late October, where President Xi Jinping was in attendance.

 NATIONAL

GRSE Delivers India’s Largest Survey Vessel to Navy

• The Garden Reach Shipbuilders and Engineers (GRSE) Ltd delivered the largest-ever survey vessel built in the country, INS Sandhayak, to the Indian Navy.
• INS Sandhayak was launched on December 5, 2021.
• Navy Day, observed on December 4.
• The earlier INS Sandhayak, a survey vessel commissioned into the navy in 1981.

 IMPORTANT DAYS

World Soil Day 2023: 5 December

• As we approach World Soil Day 2023, the theme ‘Soil and Water, a Source of Life’.
• World Soil Day was officially adopted at the 68th UN General Assembly on December 5, 2014, following unanimous endorsement by the FAO Conference in June 2013.

International Volunteer Day 2023: 5th December

• Established by the United Nations General Assembly in December 1985.
• The 2023 theme, “The Power of Collective Action: If Everyone Did”.
• The celebration of International Volunteer Day began in December 1985 when the United Nations General Assembly approved its observance on December 5th each year.

 SUMMIT'S & MOU's

Ujjivan SFB partners with Water.org to Offer Water, Sanitation and Hygiene Loans

• Ujjivan Small Finance Bank Limited, a leading small finance bank, commenced operations in February 2017.
• org, a global non-profit organization headquartered in the US, operates in more than 11 countries.

 AWARDS & RECOGNITION

Sheetal Devi Wins Best Young Athlete at APC Conference

• Indian para archer Sheetal Devi emerged victorious at the fourth edition of the Asian Awards in Riyadh.
• Devi’s remarkable performance at the Hangzhou 2022 Asian Para Games in October played a pivotal role in earning her the coveted award.

Olympian M. Sreeshankar Clinches 35th Jimmy George Foundation Award

• Olympian M. Sreeshankar has been honored with the prestigious 35th Jimmy George Foundation Award for emerging as the best sportsperson of Kerala.

ISRO and Team Chandrayaan-3 Honoured for Outstanding Contribution to Brand India

• August 23, India’s Chandrayaan-3 achieved remarkable lunar landing, making India the first country to reach the Lunar South Pole.
• The Indian Space Research Organization (ISRO) and the Chandrayaan-3 team were recently honored with the “Outstanding Contribution to Brand India” award at the 19th India Business Leader Awards (IBLA), held in Mumbai on December 2.

 BANKING AND ECONOMY

Bajaj Group Becomes Fifth Conglomerate to Breach ₹10 Lakh Crore in Mcap

• This elite club already includes prominent names like Tata, Reliance Industries, HDFC Bank and the Adani Group.

Bharti Airtel Becomes the 8th Company to durpass ₹6 Lakh Crore Mcap

• This surge was attributed to the positive market sentiment following the Bharatiya Janata Party’s resounding victory in state elections.
• Bharti Airtel joins the league of other Indian giants, including Reliance Industries, TCS, HDFC Bank, ICICI Bank, HUL, Infosys and ITC, with a market capitalization exceeding Rs.6 lakh crore.