Current Affairs – 15 March,2024

Gyanesh Kumar, Sukhbir Singh Sandhu named new Election Commissioners
  • Gyanesh Kumar and Sukhbir Singh Sandhu, former IAS officers from the 1988 batch, were appointed as election commissioners on March 14, 2024.
  • Their appointments were approved by the PM-led selection committee and come ahead of the Lok Sabha and four state assemblies’ poll announcements.
  • Kumar, from the Kerala cadre, retired as secretary in the Ministry of Cooperation, while Sandhu, from the Uttarakhand cadre, served as chief secretary of Uttarakhand.
  • The appointments filled vacancies caused by Anup Chandra Pandey’s retirement and Arun Goel’s resignation.
  • Gyanesh Kumar is expected to succeed Rajiv Kumar as the next Chief Election Commissioner in February 2025.

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Current Affairs – 15 March,2024

Fitch raises India's FY25 growth forecast to 7%
  • Fitch raised India’s economic growth forecast to 7% for the next fiscal year, citing strong domestic demand and business confidence.
  • It projected a 8.4% growth in GDP during the third quarter of the current fiscal year.
  • The agency also revised India’s GDP growth for FY24 to 7.8% and for FY25 to 7.0%, expecting continued strong expansion driven by domestic demand, especially investment.
  • Fitch expects India’s GDP to surpass $4 trillion in 2024-25, with the government also increasing its forecast for FY24’s GDP growth to 7.6%.

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Current Affairs – 15 March,2024

World Consumer Rights Day-15 march
  • World Consumer Rights Day, observed annually on March 15, aims to ensure consumers have necessary information for informed decisions.
  • Founded by Consumers International in 1983, it honors JFK’s 1962 speech on consumer rights, including safety, information, choice, and redressal.
  • This year’s theme, ‘Fair and Responsible AI for Consumers,’ highlights AI’s impact on consumer rights.
  • Consumers are entitled to rights such as safety, information, choice, redressal, and education, empowering them in the marketplace.
  • World Consumer Rights Day educates consumers, advocates for fair business practices, and addresses concerns like privacy breaches in AI technologies.

Current Affairs – 15 March,2024

SpaceX Starship disintegrates after completing most of third test flight
  • SpaceX’s Starship rocket imploded after completing the majority of its third test flight, which was intended to transport astronauts to the moon and beyond.
  • The rocket flew nearly the full distance but disintegrated on its return to Earth, losing communication during re-entry.
  • Despite the failure, the flight met several critical objectives, including successful stage separation, payload door operation in orbit, and propellant transfer in space.
  • SpaceX’s engineering culture prioritizes pushing spacecraft to failure in order to make improvements, and the company anticipates at least six more Starship test flights this year.

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Mumbai won the 2024 Ranji Trophy: Current Affairs – 15 March 2024

Current Affairs – 15 March,2024

  • Ranji Trophy 2024 Final: Mumbai defeated Vidarbha by 169 runs at Wankhede Stadium, winning the trophy for the 42nd time.
  • The Mumbai Cricket Association (MCA) raised the prize money to ₹10 crore for the winning team, plus an additional ₹5 crore.
  • Tanush Kotian and Tushar Deshpande played critical contributions in Mumbai’s triumph.
  • Ajinkya Rahane has been the 26th Mumbai captain to win the Ranji Trophy. Rahane emphasized the team’s hard effort and ability to perform in difficult situations as major factors in their achievement.

B Sairam appointed as the new Chairman and Managing Director of NCL

Current Affairs – 15 March,2024

B. Sairam is the new Chairman-cum-Managing Director of NCL
  • Appointment: B Northern Coalfields Limited (NCL), a subsidiary of Coal India Limited, has selected Sairam as its new Chairman and Managing Director (CMD).
  • Background: Sairam has over 33 years of coal industry experience and holds a mining engineering degree from NIT Raipur.
  • He has extensive experience in mine operations, planning, logistics, and regulatory issues.
    Sairam earned a PGDM in Energy Management from the NTPC School of Business in Delhi, as well as a program at Nanyang Business School in Singapore.
  • Achievements: He was instrumental in driving Central Coalfields Limited’s organic expansion and creating coal logistical infrastructure.
  • Sustainability: Sairam has worked to link Coal India’s sustainability vision with UN sustainability goals and community development projects.

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