Addapedia Odisha | Daily Current Affairs | 16 May 2024 | Download PDF

National and International News

• The Indian Cyber Crime Coordination Centre (I4C), in collaboration with Microsoft, has taken action against cybercrime.
• They have blocked more than 1,000 Skype IDs that were involved in blackmail, extortion, and “digital arrests”.

Key points:

• These cybercrimes were committed by individuals posing as police and law enforcement authorities.
• The Union Home Ministry identified this as an organised online economic crime.
• It was found to be operated by cross-border crime syndicates.

About I4C:

• The Indian Cyber Crime Coordination Centre (I4C) has been established under the Ministry of Home Affairs (MHA) to deal with cybercrime in a coordinated and comprehensive manner.
• The centre is located in New Delhi and focuses on tackling issues related to cybercrime for citizens.
• The I4C functions as a nodal point in the fight against cybercrime.

• The Indian Army is set to receive another set of Russian Igla-S very short range air defence systems (VSHORAD).

About

• Name: Igla-S (also known as SA-24 Grinch in NATO terminology)
• Type: Very Short Range Air Defence System (VSHORAD)
• Country of Origin: Russia
• Manufacturer: KBM (Kolomna Machine Building Design Bureau)
• Warhead: High-explosive fragmentation
• Guidance System: Infrared homing with a passive seeker
• Range: Effective range of up to 6 km
• Altitude: Capable of engaging targets at altitudes between 10 meters to 3.5 kilometers
• Speed: Missile speed of up to Mach 2
• Targets: Designed to engage and destroy low-flying aircraft, helicopters, UAVs, and cruise missiles
• Mobility: Man-portable, can be carried and operated by a single soldier

• Inflation in India’s wholesale prices rose to a 13-month high.
• This increase was due to an uptick in food inflation and year-on-year rise in fuel and power prices after several months of deflation.

About WPI:

• The Wholesale Price Index (WPI) measures the changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses.
• The WPI is calculated and published by the Office of Economic Advisor, Department of Industrial Policy and Promotion in the Ministry of Commerce and Industry.
• WPI data is published monthly.
• Analysts use the WPI to track the supply and demand dynamics in industry, manufacturing, and construction.
• The base year for the new series of WPI was updated to 2011-12 from 2004-05.
• The WPI is calculated by taking a weighted average of the prices of a basket of goods, with each item’s weight determined by its share of total wholesale sales.
• The basket of goods comprises three major groups: Primary Articles (Weight 22.62%), Fuel and Power (Weight 13.15%), and Manufactured Products (Weight 64.23%).
• The prices of a total of 697 items are tracked under the 2011-12 series of the WPI, which includes 117 primary items, 16 items of fuel and power, and 564 manufactured products.

Think:

• Know about Consumer price index

• Recently, Earth was hit by the strongest geomagnetic storm in over two decades.
• This storm caused radio blackouts.

About geomagnetic storm:

• A geomagnetic storm is a major disturbance of Earth’s magnetosphere. 
• These storms are the result of variations in the solar wind. 
• These variations produce major changes in the currents, plasmas, and fields in Earth’s magnetosphere.
• The largest geomagnetic storms are associated with solar coronal mass ejections (CMEs). 

• The India-U.S joint exercise is being conducted for coordinated operations in urban counter-terrorism contingencies.
• This exercise will conclude in Kolkata.

About Exercise Tarkash:

• This is the seventh edition of the Indo-U.S. joint counter-terrorism exercise named “Tarkash”.
• The exercise is between the elite National Security Guard (NSG) from India and the U.S. Special Operations Forces (SOF).
• The primary objective of the bilateral exercise is to build a functional relation between the two special forces.
• It aims to enhance interoperability between these forces.

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