Daily Current Affairs and Special Days – 21st March 2024

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Today’s Current Affairs

• Grok is a generative AI chatbot developed by xAI, a company founded by Elon Musk.
• xAI announced that it has made Grok open source, fulfilling a promise made by Musk a week ago.
• The decision to open source Grok came after Musk filed a lawsuit against OpenAI, another prominent AI company, accusing them of deviating from its founding values ​​of transparency and sharing technology for the good of humanity.

• Agnikul Cosmos is a Chennai-based, IIT-Madras-incubated space start-up that is all set to create history by launching India's first rocket from a private launchpad on March 22, 2023.
• The company's first rocket, the Agniban Sub Orbital Technology Demonstrator (SOrTeD), will be launched from the Satish Dhawan Space Center in Sriharikota, Andhra Pradesh.
• The launch of Agniban SOrTeD is significant for several reasons:
• This will be India's first launch from a private launchpad. It will be India's first semi-cryogenic rocket launch. It will have the world's first single piece 3D printed engine to be indigenously designed and manufactured.

• Forced labor is a widespread problem that affects millions of people around the world.
• According to an International Labor Organization (ILO) study released in Geneva, forced labor generates $36 billion in illegal profits annually, a 37% increase since 2014.
• This increase in illegal profits is due to both population growth.
• Forced labor and high profits generated from the exploitation of victims.

• The World Meteorological Organization (WMO) released its State of the Global Climate Report 2023, which confirmed that 2023 will be the warmest year on record.
• The report highlights alarming trends in various climate indicators, including record greenhouse gas levels, surface temperatures, ocean warming and acidification, sea level rise, Antarctic sea ice cover and glacier retreat.
• The global mean near surface temperature in 2023 was 1.45 ± 0.12 °C above the pre-industrial (1850–1900) mean, making it the warmest year in the 174-year observational record.
• The previous warmest years were 2016 1.29 ± 0.12 °C and 2020 1.27 ± 0.13 °C above the 1850–1900 average.

• The Reserve Bank of India (RBI) released its 'State of the Economy' report in March 2024, which provided insights into the country's economic performance and outlook.
• The report, written by RBI staff including Deputy Governor MD Patra, highlighted the need for monetary policy to remain on a de-risking path to move inflation towards the 4% target.
• Citing data from the Household Consumption Expenditure Survey (HCES), it also highlighted the upward trend in per capita income.

• India and the United States (US) Navy have started a bilateral Humanitarian Assistance and Disaster Relief (HADR) exercise named “Tiger Triumph-24” off the eastern coast of India.
• The week-long exercise, which began on March 18, 2024, will involve various assets of the Indian Navy, Indian Army and Indian Air Force, as well as warships and troops from the US Navy, US Marine Corps and US Army.

• Sakshi Chaudhary entered the quarterfinals of the Women's World Boxing Championships on Monday along with Olympic medalist Lovelina Borgohen. Another Indian player Preeti, however, faced defeat. Haryana's 23-year-old Sakshi defeated last year's Asian Games bronze medalist Zajira Urakbayeva of Kazakhstan and Lovelina defeated Mexico's Vanessa Ortiz in the 52 kg category. The umpires didn't have to think too hard when they gave the score 5-0 in their favor as both of them had an undisputed dominance.
• Lovlina, who changed weight category for the first time at the world championships, got off to a promising start to the campaign to change the color of the medal. Lovina, who has been satisfied with the bronze medal in the world championship so far, is now hoping for a gold medal, and Lovina's game on Monday was the same. Vanessa, who is short in height, was easily defeated by Lovelina. Taking advantage of her height, Lovelina consistently used 'punches' and 'jabs' on Vanessa. Lavalina managed to keep Vanessa at bay while defending and her victory was sealed there.
• Before that, Sakshin easily defeated Zajeera. Zajeera tried to distance the witness who maintained an aggressive posture. However, Sakshi put Zajeera in a dilemma with a fine display of poise. In the 54 kg weight category, Preeti faced a loss to Thailand's Jutamas. Sakshi will now face China's Wu Yu Kei in the next round. Lovelina will face top seed Gramane Ready Adosinda.

• The Hindu New Year begins with the Shaka Samvatsara, the ancient Indian calendar. The same day is celebrated as 'Gudhipadwa' in Maharashtra and 'Yugadi' in the states of Karnataka and Andhra Pradesh. Interestingly, the Sindhi festival 'Cheti Chand' is also celebrated on this day. Indian culture is a festival lover. Variation is found here regionally. This diversity is expressed through festivals and celebrations. Indian traditions have a historical background with cultural significance. Gudipadwa festival has the same historical significance. Although the Gregorian calendar is widely used today, the importance of the two calendars, Shaka and Vikram, which originated in Indian soil, remains intact in Indian society.

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