Current affairs 08 May 2024

Mindgrove company launches India’s 1st commercial MCU Chip.

• Mindgrove launched India's first commercial high-performance SoC, Secure IoT, targeting IoT devices likely costing 30% less.
• The chip aims to empower local businesses with Indian SoC, fostering innovation and production scalability within the country.
• With the chip’s wide application spectrum, Mindgrove anticipates replacing millions of chips annually and attracting global interest.

World's first person to receive newly approved sickle cell therapy.

• Kendric Cromer, a 12-year-old kid, from Washington, has become the first person in the world to receive licensed gene therapy for sickle cell disease.
• From cell collection to product shipment, the entire process takes between 70 and 105 days.
• The FDA authorized two companies to sell gene therapy to people with sickle cell disease, a genetic disorder that affects roughly 100,000 people.

Manipur Governor Sushri Anusuiya Uikey inaugurated "School On Wheels".

• School on Wheels is designed to educate students in relief camps with resources like books, computers, and sports gear.
• The mobile school initiative, led by Vidya Bharati Shiksha Vikash Samiti Manipur, aims to bridge education gaps for children in displaced communities.
• The Governor urged expansion of the initiative, emphasizing uninterrupted education for children in relief camps.

QuantPower emerged as Best Trading Platform in India.

• QuantPower, by Wisdom Tree Ventures, won Best Trading Platform in India for 2nd year, offering AI-enabled trading with advanced tools.
• As an all-in-one platform, QuantPower facilitates both algorithmic and manual trading, enhancing decision-making for investors.
• Wisdom Tree Ventures secured Fintech Company of the Year 2024, driving financial innovation & excellence in India's fintech sector.

Bhavi Mehta bagged Oxford Bookstore Book Cover Prize 2024.

• Bhavi Mehta won the 9th Oxford Bookstore Book Cover Prize 2024 for The Book Beautiful by Pradeep Sebastian, receiving INR 1 lakh, a trophy, and a certificate.
• The award event took place at the India Habitat Centre.
• Jury Chair Dr. Alka Pande praised the prize's role in highlighting the creativity and effort of cover designers, underlining the importance of visual storytelling in publishing.