Current Affairs 28th May 2024
Welcome to your one-stop shop for catching up on the latest happenings around the world! Today, we’ll be delving into the news from May 28th, 2024, covering a range of topics under the keyphrase “Current Affairs 28th May 2024.”
INTERNATIONAL AFFAIRS
1) WIPO Concludes New Treaty on IP, GRs & ATK; Benefits Global South & India
Members of the World Intellectual Property Organization (WIPO) have accepted a new convention on intellectual property (IP), genetic resources (GRs), and associated traditional knowledge (ATK).
For the first time, the system of knowledge and wisdom that has supported economies, communities, and cultures for ages has been included into the global intellectual property system.
This will assist countries in the global South, particularly India, a huge biodiversity hotspot with a wealth of traditional knowledge and wisdom.
It bridges the gap between local communities and their GRs, as well as ATK, for the first time in the global IP community.
Mandatory Disclosure Obligations:
- The treaty’s adoption and entrance into effect will oblige contracting parties to impose obligatory disclosure duties for patent applicants about the origin of GRs.
- The pact requires states, particularly industrialized ones, to alter their legal structures to ensure effective implementation.
Protection for Indian GRs:
The pact provides extra safeguards for Indian GRs and ATK, protecting them against misuse in nations without disclosure rules.
Only 35 nations now have disclosure obligations, which are often not required and lack suitable fines for effective enforcement.
Safeguarding Biodiversity and Innovation
In addition to protecting biodiversity, the WIPO convention improves the openness of the patent system.
It fosters innovation by encouraging inclusive involvement and meeting the needs of all nations and communities.
Global Support and Adoption:
- The treaty’s adoption, with consent from over 150 nations, is the result of two decades of talks.
- The majority of industrialized countries produce intellectual property by using these resources and expertise to research and innovation.
- The support of developed nations is an important step toward reconciling competing perspectives within the intellectual property system.
About World Intellectual Property Organization (WIPO):
WIPO, founded in 1967, is a self-sustaining institution of the United Nations. It is a worldwide platform for IP services, policy, knowledge, and collaboration.
- Director General– Daren Tang
- Member states– 193
- Headquarters– Geneva, Switzerland
Click here to read from source
BANKING & FINANCE
2) NSE Lowered Tick Size to 1 Paisa for Stock Price Below Rs 250
The National Stock Exchange of India Limited (NSE) stated that it has reduced the tick size for all equities in the cash category from 5paisa (now) to 1paisa for securities valued below Rs 250. The major goal of this increased tick size is to increase liquidity and improve price discovery by allowing for more precise price changes.
The increased tick size will go effective on June 10th, 2024.
Also, starting July 8, 2024, stock futures will have the same tick size as the cash market sector.
Key Points:
- The increased tick size will apply to all securities except Exchange Traded Funds (ETFs), which include the EQ, BE, BZ, BO RL, and AF series.
- The tick size for T+1 settlement securities will likewise apply to T+0 (T0) settlement securities.
- All price-related computations, such as the closing price, base price, common equilibrium price, and settlement price, shall be framed using the security’s applicable tick size.
- On a monthly basis, the NSE shall assess and alter the tick size of each security based on the closing prices on the last trading day of each month to establish the appropriate ticket size for the next month.
About Tick Size:
- It is the smallest price difference between two successive bid (buy) and offer (sell) prices.
- For example, if a stock has a tick size of Rs 0.10, or 10 paisa, and the Last Traded Price (LTP) is Rs 200, the next probable bid prices are Rs 199.90, 199.80, 199.70, 199.60, and so on.
- In this example, the bid price cannot be Rs 199.86 since it does not match the tick size requirement of Rs 0.10.
Note: NSE’s new tick size is more competitive with the Bombay Stock Exchange (BSE), which introduced the same 1 paisa tick size for equities under Rs 100 in March 2023.
About National Stock Exchange (NSE):
- Chairperson- Girish Chandra Chaturvedi
- Headquarters- Mumbai, Maharashtra
- Founded – 1992
Click here to read from source
3) South African Reserve Bank Fines SBI Branch Over Compliance
The Prudential Authority of the South African Reserve Bank (SARB), the central bank of South Africa (SA), has levied a financial penalty of 10 million rand (~Rs 4.5 crore) on the State Bank of India (SBI)’s SA branch for breaking anti-money laundering rules in SA.
The financial penalty consists of an immediately due sum of 5.50 million rand(Rs 2.5 crore), which the bank has already paid. The remaining 4.50 million rand (Rs 2 crore) is suspended for 36 months and will be paid within the specified time frame.
The penalty was imposed under Section 45C of the Financial Intelligence Centre Act 38 of 2001 (FIC Act) for failure to comply with certain terms of South Africa’s FIC Act.
This provision permits the FIC to take action to combat money laundering.
Note:
- SBI was formed on 20th December 1996 in SA and acquired its certificate on the same day to launch its operations.
- It is one of the SARB-licensed financial service providers.
Click here to read from source
ECONOMY & BUSINESS
4) Goldman Sachs Revised India’s 2024 GDP Growth Projection Upwards to 6.7%; Expects RBI Rate Cut in Q4
Goldman Sachs Group Inc has raised its prediction for India’s Growth Domestic Product (GDP) for Calendar Year 2024 (CY24), higher by 10 Basis Points (bps) to 6.7% from 6.6%.
It was been projected that Reserve Bank of India (RBI) may lower the interest rates in the 4th Quarter (Q4) of current Calendar Year (CY24) or Q3FY25(2024-25).
Key Points:
- As to experts at Goldman Sachs, core inflation in India should bottom out in 2nd Quarter (Q2) of CY24 and would accelerate to 4% to 4.5% in 2nd half of CY24.
- This projection is mostly based on growth in core goods inflation owing to slower impact of manufacturing increases.
- According to Goldman Sachs, the RBI would modify monetary policy only if it observes improvement in the monsoons and Kharif crop planting, after which it will analyze the food inflation trajectory in the second half of fiscal year 24.
- It has altered its prior projection of an interest rate cut by the RBI from Q3 to Q4 for CY24, with the first cut most likely occurring at the December 2024 Monetary Policy Committee (MPC) meeting.
- It also projected a total easing cycle of 50 basis points in rate decreases by the RBI, with the first 25 basis points in Q4-CY24 and Q1-CY25.
It has also changed its forecast for the Federal Reserve, the central bank of the United States of America (U.S.A.), to drop interest rates for the first time in fiscal year 24. The second rate decrease is expected in December.
Related Information:
On May 14, 2024, Moody’s Ratings forecast India’s Gross Domestic Product (GDP) to expand at 6.6% in FY25 (2024-25) and 6.2% in FY26 (2025-26).
About Goldman Sachs Group Inc:
- Chairman and Chief Executive Officer (CEO): David M. Solomon
- Headquarters: New York City, U.S.A.
Click here to read from source
AWARDS & RECOGNITIONS
5) ACI Asia-Pacific & Middle East GAR Awards 2024; 3 Indian Airports Bagged ‘Silver’ Award (Current Affairs 28th May 2024)
Airport Council International (ACI) Asia-Pacific and Middle East has announced the 8th Green Airports Recognition (GAR) Awards for 2024. Three Indian airports have been given the Silver category. They are, Indira Gandhi International Airport (New Delhi, Delhi) under ‘Over 35 million passengers per annum’ category Kempegowda International Airport (KIA) (Bengaluru, Karnataka) under ‘Between 15-35 million passengers per annum’ category.
Chaudhary Charan Singh International Airport (Lucknow, Uttar Pradesh-UP) falls under the ‘less than 8 million passengers per year’ category.
About Airports Council International (ACI) Asia-Pacific and Middle East:
ACI Asia-Pacific & Middle East is one of five areas that comprise the sole worldwide airport trade organization, Airports Council International (ACI) World.
- Director-General (DG)– Stefano Baronci
- Headquarters- Hong Kong SAR (China)
Click here to read from source
6) POWERGRID Receives ATD BEST Awards 2024 for the 3rd time in L&D Field; NTPC Secures 3rd Rank Globally (Current Affairs 28th May 2024)
Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, has received the ATD BEST Awards 2024 from the Association for Talent Development (ATD) in the United States of America (USA) for using talent development as a strategic business tool.
NTPC Limited (previously National Thermal Power Corporation), a Maharatna firm and India’s largest power provider, received the third highest global ranking at the ATD BEST Awards 2024, surpassing all other Indian enterprises.
Points to Note:
- This is the 3rd time POWERGRID has been awarded with the ATD BEST Award, having previously earned it in 2021 and 2023.
- This accolade underscores POWERGRID’s place among premier worldwide organisations in Learning & Development (L&D).
- NTPC is the only Public Sector Undertaking (PSU) to have received this award seven times during the last eight years.
Award Ceremony:
An Award ceremony was conducted in New Orleans, Louisiana, USA to commemorate the winners.
- The Award was accepted on behalf of POWERGRID by Dr. Yatindra Dwivedi, Director (Personnel), and Bipin Kishor Mundu, Chief General Manager (CGM) (Human Resource Development (HRD).
- On behalf of NTPC, the Award was accepted by CGM (Strategic HR & Talent Management), Ms. Rachana Singh Bhal.
POWERGRID’s and NTPC’s Achievement:
- This award recognizes POWERGRID’s unique use of Artificial Intelligence (AI) and machine learning to efficiently maintain huge power transmission networks and successfully complete large-scale projects.
- This accolade emphasizes NTPC’s strong HR performance on a global scale, as well as its superior L&D practices.
About ATD Best Awards:
- The ATD BEST Awards are one of the most prestigious worldwide recognitions in learning and development, honoring organizations that achieve enterprise-wide success via employee talent development.
- The ATD BEST Awards Winners’ Circle, established in 2003, includes a varied range of organizations from throughout the world, including corporate, public, and non-profits.
About Power Grid Corporation of India Limited (POWERGRID):
- Chairman & Managing Director (CMD)- Ravindra Kumar Tyagi
- Headquarters– Gurugram, Haryana
It is India’s largest electric power transmission utility, established on October 23, 1989, under the Company Act of 1956.
About NTPC Limited:
- CMD– Gurdeep Singh
- Headquarters– New Delhi, Delhi
- Established– 1975
Click here to read from source
APPOINTMENTS & RESIGNATIONS
7) Vice Admiral Gurcharan Singh Assumes Charge as Commandant, National Defence Academy (Current Affairs 28th May 2024)
Vice Admiral Gurcharan Singh, AVSM, NM, a National Defence Academy (NDA) alumni, took the job of Commandant, NDA (Khadakwasla) on May 25, 2024 in Pune, Maharashtra.
He replaced Vice Admiral Ajay Kocchar, AVSM, NM, who acquired the position of Commandant, NDA on April 1, 2022.
About Vice Admiral Gurcharan Singh:
Distinguished Career:
- Vice Admiral Gurcharan Singh was commissioned into the Indian Navy on July 1, 1990.
- Singh, a gunnery and missile expert, has served on the Indian Naval Ships (INS) Ranjit and Prahar.
- He was part of the commissioning crew for three Indian-built warships: the INS Brahmaputra (as Gunnery Officer), the INS Shivalik (as Executive Officer), and the INS Kochi (as Commanding Officer).
- He also led INS Vidyut and INS Khukri.
Instructional Roles:
- He served as an instructor at INS Dronacharya (Gunnery School) and Deputy Commandant of the Naval War College in Goa.
- He has held positions in the Directorate of Personnel/Naval Headquarters (NHQ) in New Delhi (Delhi) as Assistant Chief of Personnel (Human Resource Development), Directorate of Naval Intelligence/NHQ, and the Indian Naval Work-up Team.
Recent Achievements:
- In 2021, he was named Chief Staff Officer (Operations) at Western Naval Command.
- He then worked as the Assistant Chief of Personnel (HRD) at NHQ.
- In 2022, he was appointed Flag Officer Commanding the Eastern Fleet and maintained excellent operational preparedness.
- On January 15, 2024, he was named Controller of staff Service (CPS) and began implementing staff welfare changes.
Achievements and Awards
- He received the Admiral Katari Trophy for finishing first in his batch’s Overall Order of Merit during ab initio training.
- In 2011, INS Khukri was awarded the Chief of Naval Staff (CNS) ‘Unit Citation’ while under his command.
- He received the Flag Officer Commanding-in-Chief (FOC-in-C) Commendation (2002), the Nao Sena Medal (NM) (2020), and the Ati Vishisht Seva Medal (2024).
About National Defence Academy (NDA):
The National Defence Academy (NDA) is the Indian Armed Forces’ combined defence service training college. This is the world’s first tri-service academy.
- Headquarters– Pune, Maharashtra
- Motto– Seva Parmo Dharm (Service Before Self)
NDA was established on December 7, 1954, and the Academy was formally launched on January 16, 1955.
Click here to read from source
Click here to read: Current Affairs 26th & 27th May 2024
8) Gitanas Nauseda Re-elected as the President of Lithuania for 2nd Term (Current Affairs 28th May 2024)
Gitanas Nauseda has been re-elected as President of the Republic of Lithuania for a second five-year term, from 2024-2029. He has served as Lithuania’s President since 2019.
Nauseda won the presidential election with 74.43% of the total votes. Ingrida Simonyte placed second with 24.06% of the vote.
About Gitanas Nauseda:
- Gitanas Nauseda (60) is a Lithuanian economist, banker, and politician.
- From 1996 to 2000, he was the Director of Monetary Policy at the Bank of Lithuania.
- From 2008 to 2018, he was the Chief Economist to the Chairman of SEB Bankas (a Lithuanian commercial bank).
- President Nausėda discussed Lithuania’s response to Belarusian revolutions in 2020-2021 and Russia’s invasion of Ukraine in 2022.
About the Republic of Lithuania
It is one of the three Baltic nations (north-eastern Europe) with Estonia, Latvia, and Lithuania. It joined Europe in 2004.
- Prime Minister (PM) – Ingrida Simonyte
- President – Gitanas Nauseda
- Capital – Vilnius
- Currency – Lithuanian litas (LTL)
Click here to read from source
9) ACC Approves One Month Extension of Tenure of COAS Manoj Pande (Current Affairs 28th May 2024)
On May 26, 2024, the Appointments Committee of Cabinet (ACC) authorized Chief of the Army Staff (COAS) General Manoj C Pande’s extension of duty for one month beyond his regular age of superannuation (May 31, 2024) till June 30, 2024.
It was approved under Rule 16 A (4) of the Army Rules of 1954.
He has been COAS since April 30, 2022.
Lieutenant General Upendra Dwivedi, the current Vice Chief of Army Staff, is next in line for the top position based on seniority.
He is remarkable for being the first commander from the Corps of Engineers (Bombay Sappers) to command the Indian army.
Prior to becoming COAS, he served as Vice Chief of Army Staff.
Click here to read from source
SCIENCE & TECHNOLOGY
10) NASA Launches Small Climate Satellite PREFIRE from New Zealand’s Rocket Lab’s Launch Complex to Study Earth’s Poles (Current Affairs 28th May 2024)
NASA successfully launched the first pair of tiny climate satellites using the Rocket Lab’s Electron rocket from Launch Complex 1 in Māhia, New Zealand.
The PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission will research heat emissions at the Earth’s poles for NASA.
About PREFIRE Mission:
- The mission consists of two shoebox-sized CubeSats outfitted with a thermal infrared spectrometer capable of monitoring far-infrared radiation emitted by the Earth’s coldest and most distant areas, the Arctic and Antarctic.
- The spectrometer measures infrared wavelengths with specially curved mirrors and sensors.
Duration:
- After a 30-day checkout period, both CubeSats will be operational.
- The mission is anticipated to last for ten months, yielding crucial data on the Earth’s energy balance.
Key Points:
- The CubeSats will make precise measurements of how Earth’s polar regions affect how much energy our planet collects and releases.
- The mission investigates the balance between incoming solar heat and outgoing heat from the Earth, which is critical to understanding the planet’s temperature and climate.
Key Benefits:
- Climate Prediction: Better data will help enhance climate and weather models.
- Application: Farmers, fishing fleets, and coastal communities rely on this knowledge to adapt to climate change.
Launch Details:
- NASA’s Launch Services Program collaborated with NASA’s Earth System Science Pathfinder Program to provide this service under NASA’s Venture-class Acquisition of Dedicated and Rideshare (VADR) launch services contract.
- The Launch Services Program is situated at NASA’s Kennedy Space Center in Florida, United States.
Mission Partners:
- The PREFIRE mission was designed in collaboration with NASA and the University of Wisconsin-Madison in the United States of America (USA).
- The NASA Jet Propulsion Laboratory (JPL) administers the program for NASA’s Science program Directorate and supplies the spectrometers.
- Blue Canyon Technologies manufactured the CubeSats, while the University of Wisconsin-Madison handles the data they acquire.
- The launch services supplier is Rocket Lab USA Inc., based in Long Beach, California, United States.
About National Aeronautics and Space Administration (NASA):
- Administrator– Bill Nelson
- Headquarters– Washington, D.C., US
- Founded– 1958
Click here to read from source
11) Azad Engineering Bagged Contract to Provide Advanced Turbo Gas Generator Engine for GTRE-DRDO Defence Programmes (Current Affairs 28th May 2024)
Azad Engineering Limited, a Precision Engineering and Manufacturing Company based in Hyderabad (Telangana), has been awarded a contract by the Gas Turbine Research Establishment (GTRE), a Research and Development (R&D) organization of the Defence Research and Development Organization (DRDO) and the Ministry of Defence (MoD), Government of India (GoI), to provide end-to-end manufacturing, assembly, and integration of fully assembled advanced turbo gas generator engines for defense programs.
The business plans to deliver its first batch of fully integrated turbo engines in early 2026.
Key Features:
- The engine is equipped with a single-spool turbojet configuration.
- The engine’s major components are a four-stage axial flow compressor, an annular combustor, a single-stage axial flow uncooled turbine, and a fixed exit area nozzle.
- The engine’s advanced propulsion technology makes it suited for a variety of defense applications.
Click here to read from source
12) SpaceX Launched 1st Batch of Satellites for New U.S. Spy Constellation (Current Affairs 28th May 2024)
On May 22, 2024, SpaceX, an American aerospace corporation, launched the first set of functioning surveillance satellites. SpaceX created these satellites as part of a new United States of America (USA) intelligence network to strengthen the country’s space-based monitoring capabilities.
The Falcon 9 rocket launched the NROL-146 mission from the Vandenberg Space Force Base in South California, United States. Consequently, the mission commenced successfully.
Key Points:
SpaceX, in conjunction with Northrop Grumman Corporation (Northrop Grumman), is building hundreds of satellites for the United States National Reconnaissance Office (NRO), an intelligence organization.
- The primary goal of this partnership is to develop a comprehensive orbital system capable of rapidly detecting ground targets practically anywhere on Earth.
- NRO has set a target of around six launches in 2024, with subsequent launches scheduled to continue until 2028.
According to NRO, the organization rolled out its proliferated systems for the first time; these systems include responsible data collection and rapid data transfer.
Click here to read from source
SPORTS
13) Iran’s Bardiya Daneshwar won Sharjah Masters 2024; India’s Divya Deshmukh won Challengers 2024 Title (Current Affairs 28th May 2024)
Bardiya Daneshwar, a 17-year-old Iranian chess grandmaster (GM), won the Masters title in the Sharjah Masters 2024, the 7th edition of the International Chess competition, which took place in Sharjah, United Arab Emirates (UAE), from May 14th to 22nd, 2024.
This is Daneshvar’s first Sharjah Masters triumph.
Divya Deshmukh, an 18-year-old Indian Chess International Master (IM), took the Challengers title in the Sharjah Masters 2024. Leya Garifullina (Russia) and Sina Movahed (Iran) finished second and third, respectively.
Prize Money: The winner of the Masters title got USD 12000, while the winner of the Challengers title received USD 2000.
Highlights of Masters 2024:
- Bardiya Daneshvar and three other players finished first with 6.5 points apiece. Daneshvar was declared the winner using tiebreak rules.
- Bardiya Daneshwar took first place. Meanwhile, Volodar Murzin from Russia secured second place.
- Furthermore, Sam Shankland from the United States of America (USA) clinched third place. Additionally, Shamsiddin Vokhidov from Uzbekistan was rated fourth.
- Indian GM Erigaisi Arjun drew with Bardiya Daneshwar in the ninth and final round, securing the seventh spot in the Masters 2024 top ten rankings. Arjun is the only Indian in the top ten.
- Aravindh Chithambaram took 13th place after two straight defeats.
About Bardiya Daneshwar:
- Bardiya Daneshwar earned his first national championship in the Iranian Chess Championship in 2022 before becoming a grandmaster in 2023.
- He finished second (silver) at the 2023 Asian Continental Chess Championship, which took place in Almaty, Kazakhstan in 2023.
About Divya Deshmukh:
- Divya Deshmukh won the Indian National Women’s Chess Championship 2022.
- She won gold at the Asian Women’s Chess Championship 2023 in Almaty, Kazakhstan. In addition, she won the women’s quick segment of the Tata Steel India Chess Tournament 2023.
Indian Origin Siddharth Jagadeesh Become 5th GM of Singapore:
IM Siddharth Jagadeesh, a 16-year-old Indian born in Chandigarh, earned Singapore’s sixth Grandmaster.
- He achieved his last GM-norm by beating Andrey Esipenko (Russia) in the eighth round of the Sharjah Masters 2024.
- In 2023, he achieved his first GM norm at the Vezerkepzo September GM in Budapest, Hungary. Subsequently, in February 2024, he secured his second norm at the L R Global Grandmaster Aspirant 1 Chess Tournament in Dhaka, Bangladesh.
- The FIDE (International Chess Federation) has not yet recognized his feat.
About Sharjah Masters 2024:
- Sharjah Cultural and Chess Club staged the seventh edition of Sharjah Masters (2024).
- The competition has three sections: Masters, Challengers, and Futures.
- The competition will be a nine-round Swiss event.
Click here to read from source
14) Malaysia Masters 2024 – PV Sindhu finishes runner-up in the Women’s Singles; Viktor Axelsen wins the Men’s Singles title (Current Affairs 28th May 2024)
Pusarla Venkata (P.V) Sindhu, a two-time Olympic gold medalist and World number 15, finished second in the Women’s Singles category after losing to World number 7 Wang Zhi Yi of China at the Badminton World Federation (BWF) Malaysia Masters 2024, which took place from May 21st to May 26th, 2024 in Axiata Arena, Kuala Lumpur, Malaysia.
Meanwhile, world number one Viktor Axelsen won his first World Tour victory in 2024 in the Men’s Singles category, defeating Malaysian badminton star Lee Zii Jia.
Note: The total prize money for the Malaysia Masters 2024 BWF Super 500 badminton competition is USD 4,20,000.
About P.V Sindhu:
- V Sindhu won the Singapore Open and Commonwealth Games (Birmingham) in 2022.
- PV Sindhu won the women’s singles championship in the competition twice, in 2013 and 2016, while Saina Nehwal did so in 2017.
- She also finished second in the Madrid Spain Masters in 2023.
Key Highlights of the Tournament:
- Viktor Akelsen won his second Malaysia Masters title and 29th overall on the World Tour.
- Denmark’s Kim Astrup and Anders Skaarup Rasmussen defeated South Korea’s Jin Yong and Na Sung-seung to win the men’s doubles.
- Japan’s Rin Iwanaga and Kie Nakanishi won the Women’s doubles, beating South Korea’s Lee Yu-lim and Shin Seung-chan.
- Malaysia’s Goh Soon Huat and Shevon Jemie Lai defeated Indonesia’s Rinov Rivaldy and Pitha Haningtyas Mentari to win the mixed doubles championship.
Results:
|
Category |
Winner | Runner-up |
|
Men’s Singles |
Viktor Axelsen (Denmark) | Lee Zii Jia (Malaysia) |
|
Women’s Singles |
Wang Zhi Yi (China) | P. V. Sindhu (India) |
| Men’s Doubles | Kim Astrup and Anders Skaarup Rasmussen (Denmark) |
Jin Yong and |
| Women’s Doubles | Rin Iwanaga and Kie Nakanishi (Japan) |
Lee Yu-lim and |
| Mixed Doubles | Goh Soon Huat and Shevon Jemie Lai (Malaysia) |
Rinov Rivaldy and |
About Malaysia Masters 2024 :
- The 2024 Malaysia Masters was the thirteenth tournament on the BWF World Tour 2024.
- It began in 2009, and the Badminton World Federation (BWF) has previously classified the event as a Grand Prix Gold competition. However, from 2018, it has been categorized as a BWF World Tour Super 500 competition.
About Badminton World Federation (BWF):
- President – Poul-Erik Høyer Larsen
- Headquarters – Kuala Lumpur, Malaysia
Click here to read from source
OBITUARY
15) Oscar Winning American Songwriter Richard M. Sherman Passed Away (Current Affairs 28th May 2024)
Richard M. Sherman, an Oscar-winning American songwriter, died at the age of 95 in Beverly Hills, California, USA. He was born on June 12, 1928, in New York City, USA.
He collaborated with his brother Robert B. Sherman and won two Academy Awards (Oscars) for best music score and best original song for ‘Chim Chim Cher-ee’ in the Disney picture ‘Mary Poppins’ in 1965.
About Richard M. Sherman:
Richard M. Sherman and his brother created almost 150 songs for Disney, including scores for films such as ‘Parent Trap’ (1961), ‘The Sword and the Stone’ (1963), ‘The Jungle Book’ (1967), and ‘It’s a Small World (After All)’.
They also created an estimated 1,000 songs and music for 50 films, including ‘Chitty Chitty Bang Bang’ (1968), ‘Snoopy Come Home’ (1972), ‘The Adventures of Tom Sawyer’ (1973), ‘Huckleberry Finn’ (1974), and ‘The Slipper and the Rose’ (1976).
Robert B. Sherman died in London, United Kingdom (UK), at the age of 86 in 2012.
Awards & Honours:
- In 1973, the Sherman brothers became the only Americans to win first place at the Moscow Film Festival for their musical ‘The Adventures of Tom Sawyer’.
- The Songwriters’ Hall of Fame inducted them in 2005, after they had already been awarded 23 gold and platinum albums.
- In 1976, the Hollywood Walk of Fame awarded them a star; moreover, Disney honored them as Legends in 1990.
- In 2008, former US President George W. Bush personally presented them with the National Medal of Arts, demonstrating the highest recognition for their achievements.
- They also received three Grammy awards for their efforts between 1965 and 1975.
Click here to read from source
Ready to Join the Planet E Family?
We are located conveniently,
Address: 104, 1st Floor, Civic Centre, MMGS Marg, Dasturwadi, Opp. Sunshine Plaza, Near Kailash Lassiwala, Dadar East, Mumbai 400014
Address: Office no 3, 1st Floor, Siddharth Tower, Gokhale Road, Ambedkar Chowk, Jambli naka, Next to Thane Station, Thane West, Thane, Maharashtra 400601
Take that first step towards your dream – Contact us today!
