Important Current Affairs 26 August 2024

Important Current Affairs 26 August 2024 : Those students who are preparing for competitive exams, our team is updating the current affairs every day keeping in mind your upcoming exams, as you all know that how much current affairs is important for competitive exams, so you All students read daily carefully Latest News Headlines.

India Celebrates Women’s Equality Day 2024 :

On August 26, 2024, India joins the world in celebrating Women’s Equality Day, a significant event that honors the ongoing struggle for gender equality. This day marks the anniversary of the passage of the 19th Amendment in the United States, which granted women the right to vote. In India, various events and discussions were held, focusing on the challenges women face in modern society. The government and several organizations have reiterated their commitment to promoting women’s rights and ensuring equal opportunities in all spheres of life. This year’s theme, “Empowering Women: Bridging Gaps for a Sustainable Future,” highlights the importance of gender equality in achieving global sustainability goals.

Indian Government Launches Initiative to Boost EV Adoption

In a significant move towards promoting electric vehicles (EVs), the Indian government has launched a new initiative aimed at boosting EV adoption across the country. The program, which includes subsidies, tax incentives, and infrastructure development, is expected to increase the number of EVs on Indian roads significantly.

The government’s focus on reducing carbon emissions and reliance on fossil fuels aligns with its commitment to meeting its climate goals. Additionally, partnerships with private companies are expected to accelerate the development of charging infrastructure, making EVs more accessible to the general public.

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BRICS Summit 2024: Key Outcomes and Decisions

The 2024 BRICS Summit, held in Johannesburg, South Africa, concluded on August 25, with significant outcomes that are expected to influence global politics and economics. The leaders of Brazil, Russia, India, China, and South Africa discussed various issues, including economic cooperation, climate change, and geopolitical tensions. A key highlight was the agreement to expand BRICS by inviting new member countries, including Saudi Arabia, Argentina, and Egypt, thereby increasing the group’s influence on the global stage. The summit also emphasized the need for reform in international financial institutions and the creation of alternative financial structures to reduce dependence on Western-dominated organizations.

Chandrayaan-3 Successfully Completes Lunar Landing Operations

India’s Chandrayaan-3 mission continues to make headlines as it successfully completes its lunar landing operations. On August 26, 2024, the Indian Space Research Organisation (ISRO) confirmed that the rover Pragyan has begun its exploration of the Moon’s south pole. This mission marks a significant milestone for India’s space program, making it the first country to reach this region of the Moon. The data collected by the rover is expected to provide valuable insights into the lunar surface, including the presence of water ice, which could have implications for future lunar exploration and even human colonization efforts.

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Global Stock Markets Volatile Amidst Economic Uncertainty

Global stock markets remain volatile as concerns over economic slowdown, inflation, and geopolitical tensions continue to dominate investor sentiment. On August 26, 2024, major indices in the U.S., Europe, and Asia witnessed sharp fluctuations, with technology and energy sectors being the most affected. Analysts attribute this volatility to a mix of factors, including the ongoing conflict in Eastern Europe, rising oil prices, and uncertainty surrounding central bank policies. Investors are closely watching the upcoming economic data and policy announcements to gauge the future direction of the markets. Current Affairs 26 August 2024

India’s Economic Growth Outlook Remains Positive

Despite global economic challenges, India’s economic growth outlook remains positive, according to a report released on August 26, 2024, by the International Monetary Fund (IMF). The report highlights India’s robust domestic demand, resilient service sector, and ongoing structural reforms as key drivers of growth. The Indian economy is expected to grow at 6.5% in the fiscal year 2024-25, making it one of the fastest-growing major economies in the world. However, the report also cautions against potential risks, including inflationary pressures, rising oil prices, and global trade disruptions.

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