Today's Current Affairs 7th March 2024

INTERNATIONAL

India & South Korea to Boost Cooperation in New Tech & Semiconductors

• India aims to enhance its strategic partnership with South Korea by expanding cooperation into new and critical areas, External Affairs Minister S Jaishankar announced during the 10th India-South Korea Joint Commission Meeting in Seoul.
• Co-chairing the meeting with his South Korean counterpart, Cho Tae-yul, Jaishankar. 

NATIONAL

Kerala to launch India’s first government-backed OTT platform

• Kerala, renowned for its cultural richness and cinematic brilliance, is set to make history in the digital entertainment landscape with the launch of CSpace, India’s maiden government-backed Over-The-Top (OTT) platform.

About Kerala:

Chief Minister: Pinarayi Vijayan;

Capital: Thiruvananthapuram; 

SPORTS

Khelo India Medal Winners Now Eligible for Government Jobs

• Department of Personnel and Training (DoPT), in collaboration with the Department of Sports, has introduced significant reforms in the recruitment, promotion, and incentive mechanisms for athletes.
• The updated guidelines, effective from a memorandum issued on March 4, are designed to offer enhanced incentives, transparency, and inclusivity. 

SCIENCE AND TECHNOLOGY

INS Jatayu Commissioned By Indian Navy at Lakshadweep

• Indian Navy took a significant stride in fortifying its operational prowess with the commissioning of its new base, INS Jatayu, at Minicoy island of Lakshadweep.
• Ceremony of INS Jatayu was graced by Navy Chief Admiral R Hari Kumar. 

SUMMITS AND MOU’S

Karnataka and World Economic Forum Join Forces to Establish AI Centre

• Karnataka state government, in a strategic alliance with the World Economic Forum (WEF), has announced the establishment of a cutting-edge AI centre in the state. 

The First Bharat Steam Boiler Expo 2024 in Guwahati

• The inaugural Bharat Steam Boiler Expo 2024 has officially commenced in Guwahati, Assam.
• Indian Oil Corporation (IOC), Oil India Ltd (OIL), Numaligarh Refinery Ltd (NRL), Brahmaputra Cracker and Polymer Ltd (BCPL), Assam Petro Chemicals Ltd, and NTPC Ltd.

About World Economic Forum:

Chairperson: Børge Brende;

Founder: Klaus Schwab;

Headquarters: Cologny, Switzerland;

President: Børge Brende;

Founded: 24 January 1971. 

NPCI and IISc Partner for Deep Tech Research

• National Payments Corporation of India (NPCI) has forged a strategic partnership with the Indian Institute of Science (IISc), Bangalore, to conduct joint research on Blockchain and Artificial Intelligence (AI) technology.
• This collaboration aims to establish the “NPCI–IISc Centre of Excellence (CoE) for Deep Tech Research & Development”.
• Established in 1909, IISc is India’s premier institute for advanced scientific and technological research. 

AWARDS AND RECOGNITION

Yatin Bhaskar Duggal Wins First Prize in National Youth Parliament Festival 2024

• Yatin Bhaskar Duggal, a promising talent from Haryana, has emerged triumphant as the winner of the esteemed National Youth Parliament Festival, 2024.
• First Prize: Yatin Bhaskar Duggal (Haryana)
• Second Prize: Vaishna Pitchai (Tamil Nadu)
• Third Prize: Kanishka Sharma (Rajasthan) 

BANKING AND ECONOMY

Goa Airline Fly91 Receives Air Operator Certificate (AOC) From DGCA

• Fly91, a regional airline headquartered in Goa, has reached a significant milestone in its journey with the issuance of its Air Operator Certificate (AOC) by the Directorate General of Civil Aviation (DGCA) under the Ministry of Civil Aviation. 

Airbus Collaborates with IIM Mumbai to Elevate Aviation Training Standards

• Airbus, a prominent name in the aviation industry, has announced a significant partnership with the esteemed Indian Institute of Management Mumbai (IIM Mumbai) to deliver high-quality aviation training to professionals.

About Airbus:

Chief Executive Officer Guillaume Faury;

Headquarters: Leiden, Netherlands;

Founded: 10 July 2000.