Current Affairs may-16th-2024
International News
China Overtakes US as India’s Largest Trading Partner in FY24
- In the fiscal year 2023-24, China has emerged as India’s largest trading partner, surpassing the United States.
- This significant shift is based on data from the Global Trade Research Initiative (GTRI), an economic think tank.
- The trade volume between India and China reached an impressive $118.4 billion, narrowly surpassing the $118.3 billion traded with the US.
States News
Tamil Nadu’s Shyaamnikhil Becomes India’s 85th Chess Grandmaster
- P Shyaamnikhil from Tamil Nadu has achieved a historic milestone by becoming India’s 85th Chess Grandmaster.
- This 31-year-old chess prodigy, who began his journey in the game at the age of eight, secured his third and final GM norm at the prestigious 2024 Dubai Police Masters Chess Tournament.
Awards News
Chandrakant Satija Honoured with Global Excellence Award 2024
- In a distinguished ceremony at the Sahara Star Hotel in Mumbai on May 12th, Chandrakant Satija, the Founder and CEO of Chandra Admission Consultants, was awarded the Global Excellence Award 2024.
- Presented by Bollywood actress Shilpa Shetty Kundra, this award recognized Satija as the Most Trusted Admissions Consultant in the Vidarbha Region.
Science and Technology News
Microsoft’s AI and Cloud Boost: €4 Billion Investment in France
- Microsoft Corp. has announced a substantial investment of €4 billion (approximately $4.3 billion) to enhance its AI and cloud computing infrastructure in France.
- This move reflects Microsoft’s commitment to advancing its AI capabilities and expanding its cloud services globally, underscoring the company's strategic focus on these technologies.
Important Days
International Day of Families 2024 Observed on May 15th
- The International Day of Families is celebrated every year on May 15th.
- Established by the United Nations in 1994, this day highlights the importance of families in society, addresses the challenges they face, and encourages collective support and understanding.