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<p>KD Live is your one-stop shop for all the latest daily current affairs from around the world. We provide concise and informative summaries of the top news stories every day, so you can stay informed without having to spend hours reading the news.<br>
Our daily current affairs are perfect for busy people who want to stay up-to-date on the latest events. They are short, engaging, and easy to understand, and they cover a wide range of topics, from politics and business to sports and entertainment.<br>
Today's blog will be on the current affairs of 28th October 2024. So, check out the current affairs and stay up-to-date. You can download PDF also for current affairs today.</p>

<p>Let's check this news about (Law Index) Then, we will move ahead.</p>

<h2 id="content-id-1730776183847-0"><strong>Nvidia Surpasses Apple as the New Market Value Leader</strong></h2>

<p>Nvidia has surpassed Apple to become the world's most valuable company, briefly reaching a market value of $3.53 trillion, driven by soaring demand for its AI supercomputing chips. October saw an 18% stock rise, bolstered by strong earnings from TSMC and OpenAI's funding announcement. While analysts remain optimistic about Nvidia's long-term prospects, concerns linger about revenue sustainability amidst heightened investor enthusiasm and market speculation surrounding AI advancements.</p>

<p><img loading="lazy" alt="Nvidia Surpasses Apple as the New Market Value Leader" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/Nvidia-Surpasses-Apple-as-the-New-Market-Value-Leader.webp" style="height:200px; width:400px"><br>
[Image Source: BBC News]</p>

<h2 id="content-id-1730776183852-1"><strong>GRSE's Anti-Submarine Warfare ship Abhay officially inducted into the Indian Navy fleet</strong></h2>

<p>On October 25, 2024, the Indian Navy launched its seventh Anti-Submarine Warfare Shallow Water Craft, ‘Abhay,’ at L&T’s Kattupalli facility, Tamil Nadu. Built by Garden Reach Shipbuilders & Engineers, this vessel enhances India’s maritime defense. The project includes eight ships, replacing the older Abhay class. Designed for coastal anti-submarine operations, ‘Abhay’ features advanced tracking and armament systems. Its launch highlights India's Aatmanirbhar Bharat initiative, with over 80% indigenous content, boosting local defense production.</p>

<p><img loading="lazy" alt="GRSE's Anti-Submarine Warfare ship Abhay officially inducted into the Indian Navy fleet" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/GRSE-s-seventh-Anti-Submarine-Warfare-ship-Abhay-has-officially-been-inducted-into-the-Indian-Navy-fleet.webp" style="height:200px; width:400px"><br>
[Image Source: India Today]</p>

<h2 id="content-id-1730776183852-2"><strong>Meta Collaborates with IndiaAI</strong></h2>

<p>Meta has partnered with IndiaAI and the Ministry of Electronics and Information Technology to enhance AI in India through open-source research and skill development. Key initiatives include establishing a Generative AI Center at IIT Jodhpur and the "AI for Skilling and Capacity Building" program, aiming to train 100,000 youth in AI. Meta has committed up to Rs 750 lakhs over three years, supporting India's goal of fostering a sustainable AI ecosystem and bridging the talent gap.</p>

<p><img loading="lazy" alt="Meta Collaborates with IndiaAI" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/Meta-Collaborates-with-IndiaAI-A-Step-Forward-in-Open-Source-AI-Innovation.webp" style="height:200px; width:400px"><br>
[Image Source: Mint]</p>

<h2 id="content-id-1730776183852-3"><strong>NTPC and Indian Army join hands for sustainable energy solutions in Ladakh</strong></h2>

<p>NTPC has partnered with the Indian Army to create a solar hydrogen microgrid in Chushul, Ladakh, aimed at providing a stable, sustainable power supply for off-grid Army locations. Laid by Defence Minister Rajnath Singh, the project will replace diesel generators with a 200 kW renewable energy solution, operational year-round despite harsh winter conditions. NTPC will maintain the system for 25 years, promoting self-sufficiency and reducing carbon emissions while supporting future hydrogen initiatives in the region.</p>

<p><img loading="lazy" alt="NTPC and Indian Army join hands for sustainable energy solutions in Ladakh" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/NTPC-and-the-Indian-Army-Join-Forces-for-Sustainable-Energy-Solutions-in-Ladakh.webp" style="height:200px; width:400px"><br>
[Image Source: NDTV]</p>

<h2 id="content-id-1730776183852-4"><strong>Airbus Unveils Cutting-Edge Headquarters and Training Center in India</strong></h2>

<p>Airbus has launched its new India and South Asia Headquarters and Training Centre in the National Capital Region, marking a significant investment in the aerospace sector. Equipped with four A320 simulators, the facility aims to train up to 800 pilots and 200 technicians annually. CEO Michael Schoellhorn emphasized its role in fostering India’s aerospace ecosystem, while Civil Aviation Minister Ram Mohan Naidu outlined plans to expand the country’s aviation infrastructure and pilot training capacity significantly.</p>

<p><img loading="lazy" alt="Airbus Unveils Cutting-Edge Headquarters and Training Center in India" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/Airbus-Unveils-Cutting-Edge-Headquarters-and-Training-Center-in-India.webp" style="height:200px; width:400px"><br>
[Image Source: Wikipedia]</p>

<h2 id="content-id-1730776183852-5"><strong>Renowned physicist and advocate Rohini Godbole has passed away </strong></h2>

<p>Professor Rohini Godbole, a renowned physicist and Padma Shri awardee, passed away at 72 in Bengaluru after a brief illness. Celebrated for her pioneering work in particle physics, she was a strong advocate for gender equality in science, authoring influential documents and co-editing "Lilavati’s Daughters." With a distinguished academic career at IISc Bangalore, she received multiple honors, including the French National Medal of Merit, leaving a significant legacy in both research and advocacy for women in STEM.</p>

<p><img loading="lazy" alt="Renowned physicist and advocate Rohini Godbole has passed away " src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/Renowned-physicist-and-advocate-for-gender-equity-Rohini-Godbole-has-passed-away.webp" style="height:200px; width:400px"><br>
[Image Source: India Today]</p>

<h2 id="content-id-1730776183852-6"><strong>EIB Approves ₹2,800 Crore Funding for Bengaluru Suburban Railway </strong></h2>

<p>The European Investment Bank (EIB Global) has approved a €300 million (approximately ₹2,800 crore) loan to develop a new suburban railway network in Bengaluru, featuring four rail corridors covering 149 km, with plans for 58 stations. EIB Vice-President Nicola Beer emphasized the project’s role in reducing road congestion, air pollution, and greenhouse gas emissions while improving mobility. With Bengaluru's population projected to reach 2 crore by 2030, the railway aims to significantly lower CO2 emissions and accommodate up to 14 lakh daily trips by 2040.</p>

<p><img loading="lazy" alt="EIB Approves ₹2,800 Crore Funding for Bengaluru Suburban Railway " src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/EIB-Approves-2-800-Crore-Funding-for-Bengaluru-Suburban-Railway-to-Improve-Urban-Mobility.webp" style="height:200px; width:400px"><br>
[Image Source: India Today]</p>

<h2 id="content-id-1730776183852-7"><strong>Asia Clean Energy Summit 2024</strong></h2>

<p>The Asia Clean Energy Summit (ACES) 2024, part of the Singapore International Energy Week, took place from October 22-24, uniting experts and policymakers to advance clean energy solutions in Asia. Co-organized by prominent research institutes and supported by organizations like the Asian Development Bank, the summit focused on net-zero targets, corporate commitments, and innovative policies. Peak Energy CEO Gavin Adda highlighted Asia's potential in solar and storage, emphasizing collaboration to achieve sustainability goals in the renewable sector.</p>

<p><img loading="lazy" alt="Asia Clean Energy Summit 2024" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/Asia-Clean-Energy-Summit-2024.webp" style="height:200px; width:400px"><br>
[Image Source: Mint]</p>

<h2 id="content-id-1730776183853-8"><strong>Mudra Loan Limit Increased to ₹20 Lakh</strong></h2>

<p>The government has doubled the Mudra loan limit under the Pradhan Mantri Mudra Yojana (PMMY) from ₹10 lakh to ₹20 lakh, introducing a new category called ‘Tarun Plus.’ Announced by Finance Minister Nirmala Sitharaman in July 2024, this change aims to empower entrepreneurs who have successfully repaid previous loans. The scheme has historically facilitated easy, collateral-free access to credit, with over 487.8 million loans sanctioned since its inception, reflecting improved recovery rates in recent years.</p>

<p><img loading="lazy" alt="Mudra Loan Limit Increased to ₹20 Lakh" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/Mudra-Loan-Limit-Increased-to-20-Lakh-A-Significant-Support-for-Entrepreneurs.webp" style="height:200px; width:400px"><br>
[Image Source: Mint]</p>

<h2 id="content-id-1730776183853-9"><strong>World Day for Audiovisual Heritage</strong></h2>

<p>World Day for Audiovisual Heritage, celebrated on October 27, honors the work of professionals preserving cultural heritage through audiovisual materials. Established by UNESCO in 2005, the day emphasizes the importance of protecting films, sound recordings, and broadcasts from decay and obsolescence. Each year features a unique theme to highlight different aspects of this heritage. The observance motivates preservation efforts against various challenges, aligning with UNESCO's Memory of the World Project to ensure cultural materials remain accessible.</p>

<p><img loading="lazy" alt="World Day for Audiovisual Heritage" src="https://study.kdcampus.live/admin/assets/uploads/ckeditor/World-Day-for-Audiovisual-Heritage.webp" style="height:200px; width:400px"><br>
[Image Source: Mint]</p>

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