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DAILY DOSE 16th JULY -2024 CURRENT AFFAIRS
1) Tirzepatide : Weight Loss Drug
- India is set to approve the weight-loss drug tirzepatide marking a significant advancement in obesity treatment.
- This follows global trends where drugs like semaglutide (Ozempic and Wegovy) have shown dramatic weight loss effects.
- Tirzepatide, originally approved for diabetes, also induces weight loss by boosting hormones GLP-1 and GIP, which promote satiety and manage glucose levels.
- Clinical trials have demonstrated substantial weight loss with tirzepatide, with participants losing up to 20.9% of their body weight.
2) International Maritime Organisation (IMO) Award For Exceptional Bravery At Sea:
- Captain Avhilash Rawat and his crew from an oil tanker have received the 2024 International Maritime Organisation (IMO) Award for Exceptional Bravery at Sea.
- They were honoured for their “determination and endurance” during a rescue mission in the Red Sea, where they faced a serious fire after their ship was hit by an anti-ship missile believed to be fired by Iranian-backed Houthi rebels.
- The IMO annually invites nominations from member countries to honour seafarers for exceptional bravery at sea who were reviewed by an Assessment Panel of experts.
- The panel’s recommendations were then reviewed by a Panel of Judges chaired by the Chairperson of the IMO Council.
3) Restoration Of Interest Equalization Scheme:
- The engineering exporters’ body Engineering Export Promotion Council (EEPC India) has requested to restore the Interest Equalization Scheme (IES) for all exporters and increase benefits for Micro, Small and Medium Enterprises (MSME).
- The IES for pre and post shipment rupee credit availed by exporters was started in 2015 and it lapsed in June 2024 for all exporters, except MSMEs.
- IES is a commerce ministry program that helps exporters get bank loans at a subsidised interest rate. EEPC urges to restore interest subvention rate to 3% for 410 tariff lines and raise the rate to 5% for MSMEs exporting under any tariff line.
- EEPC India, established in 1955, has played a significant role in the growth of Indian engineering exports, which have increased from USD 10 million in 1955 to USD 109.32 billion in the fiscal year 2023-2024.
4) Ratna Bhandar : Jagannath Temple
- The Odisha government unlocked the revered Ratna Bhandar of the 12th-century Jagannath temple in Puri after 46 years.
- The Ratna Bhandar is a valuable collection of treasures, located on the northern side of the Jagamohana (assembly hall of temple).
- It contains the priceless jewelry of the sibling deities Lord Jagannath, Lord Balabhadra, and Goddess Subhadra which have been offered by former kings over many centuries and by devotees from around the globe.
- The Records of Rights created in accordance with the Puri Sri Jagannath Temple Act, 1952, includes an inventory of the precious jewelry and assorted adornments belonging to Lord Jagannath.
5) Climate Resilient Agriculture:
- The Union government is planning to unveil a framework to promote climate-resilient agriculture in 50,000 villages located in climatically-vulnerable districts.
- According to the Food and Agriculture Organization (FAO), climate resilient agriculture is defined as “the ability of an agricultural system to anticipate and prepare for, as well as adapt to, absorb and recover from the impacts of changes in climate and extreme weather”.
- National Innovations on Climate Resilient Agriculture (NICRA), a network project of the Indian Council of Agricultural Research (ICAR) studied the impact of climate change on agriculture and farmers.
6) e-FAST India Initiative:
- NITI Aayog has announced the launch of the ‘NITI GearShift Challenge’ as part of the e-FAST India initiative.
- e-FAST was born from the recognition of the urgent need to decarbonize road-based freight transportation in India to realize its 2070 net zero commitments.
- It was launched in September 2022.
- It aims to galvanize the transition towards cleaner and greener freight transportation.
- The platform facilitates active collaborations at both the national and international levels, supports ideation and development of pilot programs on a scalable basis, and explores technology integration and associated research.
7) Manjeera Wildlife Sanctuary : State’s First Ramsar Site
- The Manjeera wildlife sanctuary in Telangana is undergoing a study to potentially become the state’s first Ramsar site.
- Manjeera Wildlife Sanctuary is a wildlife sanctuary and a reservoir located in the Medak district of Telangana.
- Originally a crocodile sanctuary, today more than 70 species of birds are spotted here, and is home to the vulnerable species of mugger crocodile.
- The sanctuary follows the course of river Manjeera, a tributary of Godavari, and abuts the Manjeera reservoir.
8) Two Story School Collapsed : Nigeria
- A two-story school collapsed recently in north-central Nigeria, killing 22 students and sending rescuers on a frantic search for more than 100 people trapped in the rubble.
- Nigeria is a country located on the western coast of Africa. It is often called the “Giant of Africa.”
- It is bordered to the north by Niger, to the east by Chadand Cameroon, to the south by the Gulf of Guinea of the Atlantic Ocean, and to the west by Benin.
- It achieved independence from Britain in 1960.
- It covers an area of around 9.24 lakh square kilometres.
9) Bagmati River : Flood
- Flood situation have emerged in Bihar’s Muzaffarpur area as water level of Bagmati River has risen.
- Bagmati River is a river in south-central Nepaland northern Bihar state, India.
- It is considered holy by both Hindus and Buddhists.
- It originates from the Bagdwar area in the Shivapuri Hills, located in the northwestern part of Kathmandu Valley, central Nepal, at an elevation of around 2,690 metres (8825 feet) above sea level.
- It is fed by springs and monsoon rainfall and a number of tributaries as it flows down from the Kathmandu valley floor and passes through the valley at Chovar.
10) SIM Swapping Scam:
- Google Fi wireless has introduced a security feature called ‘Number Lock’. This new feature empowers users to take control and prevent a growing cybersecurity threat – SIM swapping.
- It occurs when a malicious actor convinces your carrier to transfer your phone number to a new SIM card in their possession.
- This can grant them access to your calls, texts, two-factor authentication codes, and potentially even financial accounts linked to your number.
- In the SIM swap scam, fraudsters first take personal details such as phone numbers, bank account details, and addresses with the help of phishing or vishing.
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