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 16-May-2024

Current Affairs (16th May, 2024)

Current Affairs

International Day of Families 2024

  • International Day of Families is annually observed on 15th May.
  • The day promotes family well-being and awareness about the social, economic, and demographic changes that impact families.
  • The theme for the day 2024 is Families and Climate Change.

P Shyaamnikhil Becomes India’s 85th Chess Grandmaster

  • P Shyaamnikhil from Tamil Nadu becomes India’s 85th Grandmaster (GM) at the 2024 Dubai Police Masters Chess Tournament.
  • He won International Master (IM) title in 2011 and secured his first GM norm at the Mumbai Mayor’s Cup the same year.

SBI Becomes Trading-clearing Member of IIBX at GIFT City

  • SBI becomes the first bank to be a trading-cum-clearing member of India International Bullion Exchange at the GIFT City in Gujarat.
  • This enables SBI IBU Gift City to conduct trades on the IIBX platform and settle them on behalf of its client.

4th Technology Innovation in Cyber-Physical Systems Workshop Organised at IIT Bombay

  • The 4th Technology Innovation in Cyber-Physical Systems (TIPS) workshop organised at the Indian Institute of Technology, Bombay.
  • It is a bi-annual workshop wherein each of the 25 Technology Innovation Hubs TIHs demonstrates the progress and achievements made.
  • It is a platform for all the stakeholders including the government, startups, investors, academia, and industry, to interact, exchange ideas and witness the cutting-edge technology development in Cyber-Physical Systems domain.

RBI Approved Quant MF to Raise Stake in RBL Bank

  • The Reserve Bank of India (RBI) has granted approval to Quant Mutual Fund (MF) to increase its stake in RBL Bank.
  • The approval allows Quant Money Managers Ltd to acquire an aggregate holding of up to 9.98% of the paid-up share capital or voting rights in RBL Bank.