Current affairs 07 November 2024

IOA submitted "Letter of Intent" to host 2036 Olympics in India.

• This initiative of the Indian Olympic Association marks India's first formal step towards this goal.
• Hosting the Games is anticipated to drive significant economic growth, promote social progress, and empower youth across the country.
• The proposal was submitted to the International Olympic Committee's Future Host Commission, highlighting India's commitment to this monumental opportunity.

ICC Trials AI Tool to Combat Abuse in Women's Cricket.

• The International Cricket Council conducted a successful AI-powered social media moderation trial during the T20 Women’s World Cup in October in the UAE to curb online abuse, targeting toxic comments on player and team accounts.
• The AI tool, developed with tech partner GoBubble, aims to create a safer, more inclusive environment for female cricketers and fans.

Ladakh Inaugurated First Polo Stadium and Hosts 4th LG Horse Polo Cup.

• Lieutenant Governor of Ladakh, Brigadier (Dr) BD Mishra, inaugurated Ladakh's first Polo Stadium in Dras and opened the 4th LG Horse Polo Cup at the Goshan Polo Ground.
• The new Polo Stadium, built at a cost of Rs 6.84 crore, marks a significant step towards developing sports infrastructure in Ladakh.

Cabinet Approved PM Vidyalaxmi Scheme for Easy Student Loans.

• The Union Cabinet approved the PM Vidyalaxmi scheme to support middle-class students in securing loans for higher education without collateral or guarantor requirements.
• The scheme will cover up to one lakh students annually, offering a 3% interest subvention for students with family incomes up to Rs 8 lakh on loans up to Rs 10 lakh, and full interest subvention for incomes up to Rs 4.5 lakh.

Webb telescope reveals rapid growth of primordial black hole.

• NASA’s James Webb Space Telescope has observed LID-568, a supermassive black hole existing just 1.5 billion years after the Big Bang, with a mass 10 million times that of the sun.
• LID-568 is consuming material at over 40 times the Eddington limit, suggesting an accelerated growth process that challenges current models of black hole formation.