13 May Daily CA

13/05/2024 - Video
 Global Electricity Review 2024 by International Agency – ‘Ember’

India – surpassed Japan – become World’s 3rd Largest Solar Power Producer
Solar Generation – increased by 17 times from 0.5% in 2015 to 5.8% in 2023
Wind Generation – increased from 2.5% in 2015 to 4.2% in 2023
India – Generated 78% (1,536 TWh) of electricity from Fossil Fuels,
higher than Global Average of 61% & Regional Average of 68% in Asia
Globally -
world renewable electricity – 30% of global electricity - 2023
Solar Power share – 5.5% of global electricity – 2023
{Fastest growing source – 19th Consecutive yr. outpacing Coal}
Wind Power share – 7.8% of global electricity – 2023
Installed Power Capacity - 3rd Japan – 83 GW 5th India = 73 GW
Solar Production Power sector emitter – emitting mn tn CO2
1 China – 584 TWh
st
1st China – 5,491 mn tn CO2
2 USA – 238 TWh
nd
2 USA –
nd
1,570 mn tn CO2
3rd India – 113 TWh (9th in 2015) 3rd India - 1,404 mn tn CO2
4 Japan – 110 TWh
th
5th Germany -
 Vice Admiral Sanjay Bhalla – Chief of Personnel – Indian Navy
 Mahamat Idriss Deby – President – Chad {Cap – N’Djamena; Currency – CFA Franc}
 Thomas Cook India introduce “TCPay” an International Money Transfer app &
FXNOW Portal – fund exchange
 RBI instructs NBFCs to maintain Rs 20,000 limit for cash disbursement in Gold Loan
Advisory refers to Section 269 SS of the Income Tax Act 1961
Gold loan by NBFC – declined to 59.7% of total loan in FY23 from 61.7% in FY22
 SoftBank (Japan) leads $1.05 bn funding for UK Self-Driving Startup ‘Wayve’

Total Funding of Wayve - $ 1.3 bn
 IRDAI imposed penalty Rs 1 Cr on ‘Go Digit Insurance’

Violating Section 26 of the Insurance Act 1938
{IRDAI- 1999; HQ- Hyderabad; Chairman – Debasish Panda}
 Indian Coast Guard + Hindalco – for indigenous Marine Grade Aluminum

{Indian Coast Guard – 1978; HQ- New Delhi; DG - Rakesh Pal}
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 DRDO + IIT Bhubaneswar – on Defence Technology Projects
{DRDO – 1958; HQ – New Delhi; Chairman – Sameer V. Kamat}
 Indian Export Performance 2023-24 -

Growth – in 115 out of 238 countries - Major Gain – USA, UAE, China, & UK
Decline – in 124 countries
Merchandise Export – Declined of 3% to $497.06 bn;
Service Export – surged to $341.1 bn
Combined Export – growth 0.23% to $778.2 bn
India’s Share Globally – Rank 17th from 19th & share increased to 1.82% in 2023
 India contributes $5 Lakh to ‘UN Trust Fund for Counter Terrorism’

India’s permanent Representative to UN – Ruchira Kamboj handed over to Sec. Gen.
UN Office of Counter Terrorism - Valdimir Voronkov
Total contribution of India - $2.55 mn {Qatar – top funder - $14 Cr}
{UNOCT – 2017; HQ- New York, USA; MD&CEO – Valdimir Voronkov}
 Thailand extended Visa Waiver Program for India & Taiwan Tourist for 6 month
till November 11, 2024 – Stay up to 30 Days
 International Chess Federation Award (FIDE – HQ- Lausanne, Switzerland ) –

Grandmaster Title – Vaishali Ramesh Babu {84th Indian GM & 3rd Female GM & 42nd
Female in World) (1st Koneru Humpy – 2002 (Age 15 – World’s Youngest GM), 2nd
Harika Dronavalli)} Arjuna Award 2024
 Tripura’s 1st International Cricket Stadium set to be ready by Feb 2025

in Narsingharh; Cost – Rs 200 Cr; Capacity - + 25,000; Construction – Start 2017
 Genius Box (Educational Kit) honored by BIS for quality & branding excellence
 Ruskin Bond awarded Sahitya Akademi Fellowship (announced in 2021)

Sahitya Akademi Award 1992; Bal Sahitya Puraskar 2012; Padma Shri – 1999; Padma
Bhushan – 2019
 13th Annual Investment Meeting held at Abu Dhabi, UAE ; (35 Indian Startup)
 11 May – World Migratory Bird Day (12 October) ; Theme – Insects
 11 May – National Technology Day (1998 – Pokhran – 5 Nuclear Test) (Start - 1999)
Theme – School to Startup Igniting Young Minds to Innovate
 12 May – Mother’s Day (2nd Sunday of May)

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13/05/2024 - Video

 Global Electricity Review 2024 by International Agency – ‘Ember’

 Vice Admiral Sanjay Bhalla – Chief of Personnel – Indian Navy

 SoftBank (Japan) leads $1.05 bn funding for UK Self-Driving Startup ‘Wayve’

 IRDAI imposed penalty Rs 1 Cr on ‘Go Digit Insurance’

 Indian Coast Guard + Hindalco – for indigenous Marine Grade Aluminum

 Indian Export Performance 2023-24 -

 India contributes $5 Lakh to ‘UN Trust Fund for Counter Terrorism’

 International Chess Federation Award (FIDE – HQ- Lausanne, Switzerland ) –

 Tripura’s 1st International Cricket Stadium set to be ready by Feb 2025

 Ruskin Bond awarded Sahitya Akademi Fellowship (announced in 2021)

 11 May – World Migratory Bird Day (12 October) ; Theme – Insects

 12 May – Mother’s Day (2nd Sunday of May)

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