Current affairs 31 August 2024

Nepal Tourism Board Wins PATA Gold Award for Sustainable Tourism.

• Nepal Tourism received the PATA Gold Award in Sustainable Tourism for its Livelihood Recovery Project.
• The STLRP has provided short-term employment to 10,000 tourism workers and trained 4,000 individuals post-COVID-19, focusing on sustainable development across Nepal's seven provinces.
• Kerala Tourism also won the PATA Gold Award 2024 in Digital Marketing for its Holiday Heist online contest.

IIS and UWW Sign MoU to Enhance Wrestling Development in India.

• The Inspire Institute of Sport has signed a Memorandum of Understanding (MoU) with United World Wrestling (UWW) to boost the development of wrestling in India.
• The MoU was formalized at UWW’s venue near the Eiffel Tower in Paris.
• The agreement aims to establish a collaborative framework for advancing wrestling through joint programs, initiatives, and activities.
• Parth Jindal - IIS Founder

India and Saudi Arabia Sign MoU to Boost Public Sector Auditing.

• India and Saudi have signed a Memorandum of Understanding (MoU) in Riyadh to enhance bilateral cooperation in public sector auditing.
• The MoU was signed by Girish Chandra Murmu, Comptroller and Auditor General of India, and Dr. Hussam Al-Angari, President of the Saudi General Court of Audit.
• The agreement focuses on joint training programs in financial, performance, and compliance audits.

NALCO Receives "Biju Patnaik Sports Award" for Promoting Sports.

• National Aluminium Company Limited (NALCO) was awarded the 'Biju Patnaik Sports Award' for 2023 for its significant contributions to promoting sports and games.
• NALCO CMD Sridhar Patra received the award from Odisha CM Mohan Charan Majhi during National Sports Day at Lok Seva Bhawan, Bhubaneswar.

Moody’s Raises India’s GDP Growth Forecast to 7.2% for FY 2024.

• Moody’s Ratings has increased India's GDP growth forecast to 7.2% for FY 2024, up from 6.8%, citing resilient private consumption and improved business conditions.
• The agency also revised its 2025 growth projection to 6.6% and noted India's strong 7.8% year-over-year growth in Q1 2024, driven by thriving industrial and services sectors.