Current affairs 10 July 2024

India Ranks Fifth in GenAI Innovations, China Leads.

• India ranks 5th globally in Generative AI patents with 1,350 patents, trailing China (38,210), the US (6,276), South Korea (4,155), and Japan (3,409).
• Despite holding only 3% of total GenAI patents, India recorded the highest annual growth rate in GenAI patent publications at 56%.
• India has also overtaken the UK (714 patents) and Germany (708) regarding the number of GenAI patents published.

India Provides $2.5 Million Line of Credit for Solar Plant in Guyana.

• The Export-Import Bank of India signed an agreement with the Government of Guyana to extend a line of credit worth USD 2.5 million for the installation of a solar photovoltaic power plant at Cheddi Jagan International Airport in Guyana.
• At least 75% of the contract value will be sourced from Indian suppliers.
• The agreement has a disbursement deadline of 48 months post-project completion.

Maharashtra Wins Best Agriculture State Award 2024.

• Maharashtra has been honored with the Best Agriculture State Award for 2024 by the 15th Agriculture Leadership Awards Committee.
• The announcement was made by the committee, which is chaired by former Chief Justice of India, Justice P. Sathasivam.
• Maharashtra government has committed to planting trees on 21 lakh hectares and aims to replace 5% of coal with biomass to curb coal burning.

Roshni Nadar Malhotra Awarded France's Highest Civilian Honour.

• Roshni Nadar Malhotra, Chairperson of HCLTech, received the Chevalier de la Legion d'Honneur (Knight of the Legion of Honour), France's highest civilian award.
• The award was presented by Thierry Mathou, Ambassador of France to India, at the Residence of France in New Delhi.
• The award acknowledges her contributions to business, promotion of economic ties between France and India.

Uttar Pradesh Waives Registration Tax on Strong Hybrids.

• UP govt has implemented a policy granting a 100% waiver on the registration fee for hybrid vehicles.
• This policy benefits manufacturers like Maruti Suzuki, Toyota Kirloskar Motor, and Honda Cars, as well as customers, who can save up to ₹3.5 lakh on vehicle purchases.
• The state previously levied an 8% road tax on vehicles priced below ₹10 lakh and a 10% tax on vehicles priced above ₹10 lakh.