Current Affairs GK 30th August 2024

Daily Current Affairs (30 – Aug – 24)

The Hurun India Rich List 2024 has unveiled a significant shift in the landscape of wealth distribution across Asia, with Mumbai emerging as the new “billionaire capital of Asia”.
This development marks a pivotal moment in the economic narrative of India and Asia at large, showcasing the growing financial prowess of India’s commercial hub.
In a remarkable turn of events, Mumbai has surpassed Beijing in terms of the number of billionaires, claiming the title of Asia’s billionaire epicenter. This achievement is not just a local triumph but a testament to India’s burgeoning economic influence on the global stage.
Mumbai’s billionaire count: 386 (increase of 58)
Beijing’s billionaire count: 91 (decrease of 18)
Mumbai’s total billionaire wealth: $445 billion

Mumbai now stands third globally in terms of billionaire population, trailing only behind-

French President Emmanuel Macron declared the Paris 2024 Paralympic Games open on Wednesday evening at Place de la Concorde. This is the first time that France has hosted the Paralympic Summer Games, and is also the first time that a Paralympics opening ceremony has taken place outside a stadium, in the heart of the host city.
“The aim of this ceremony is to change the way we look at people with disabilities, and to oppose all preconceived opinions on these issues, but not in a vain and sterile opposition,” said Thomas Jolly, artistic director of the Paris 2024 ceremonies.
Around 4,400 athletes from a record 168 delegations will participate in the 11-day competition across 22 sports starting from August 30, with Eritrea, Kiribati and Kosovo making their Paralympic debuts.

On August 28, 2024, a village on Iran’s southern coast may have experienced an extremely high heat index of 82.2°C, the highest ever recorded on Earth. Dayrestan Airport reported this, and it has raised serious concerns among meteorologists.
An official investigation is currently underway to confirm whether these readings are accurate.
The heat index is a way of understanding how hot it feels to the human body by combining the temperature and humidity in the air. It’s important because it helps us understand the potential risks to our health from extreme heat.
The higher the heat index, the greater the risk of heat-related illnesses.

Prime Minister Narendra Modi laid the foundation stone for a major new project called the Vadhvan Port in Palghar, Maharashtra, on August 30, 2024. This project is expected to cost around ₹76,000 crore and aims to make Vadhvan one of the top ten ports in the world.
The Vadhvan Port is being designed to handle a massive amount of cargo, specifically 23.2 million TEUs, which are standard-sized containers used in shipping. The port will be able to accommodate large container ships and is meant to serve as a top-tier maritime gateway that will boost India’s trade and help the economy grow.
The port will be located near Dahanu, a strategic spot because it will be a deep-water port, meaning it can handle very large ships. Its location near major international shipping routes will help reduce the time and cost of shipping goods for businesses in India.

India recently commissioned its second nuclear-powered ballistic missile submarine (SSBN) called INS Arighaat. This event took place in Visakhapatnam and was a significant step in strengthening India’s defense capabilities.
Defence Minister Rajnath Singh mentioned that this move is crucial for boosting India’s nuclear triad, which is a three-part system that includes land-based missiles, aircraft, and submarines capable of launching nuclear weapons. This makes India more secure against potential threats.
The SSBN programme is an important part of India’s defense strategy. SSBNs are submarines that can carry and launch ballistic missiles. INS Arighaat is the second submarine in this program, following INS Arihant, which was commissioned in 2016.
The goal of this program is to give India a reliable second-strike capability. This means that even if an enemy attacks first, India can still respond with a powerful counterattack using these submarines.