Current Affairs 28 May 2024

We are here for you to provide the important Recent and Latest Current Affairs 28 May 2024, which have unique updates of Latest Current Affairs 2024 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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INTERNATIONAL AFFAIRS

WIPO Concludes New Treaty on IP, GRs & ATK; Benefits Global South & IndiaWorld Intellectual Property Organization (WIPO) Members have approved a new WIPO treaty on Intellectual Property (IP) Genetic Resources (GRs) and  Associated Traditional Knowledge (ATK).

• For the 1st time the system of knowledge and wisdom, which supports economies, societies and cultures for centuries, are now inscribed into the global IP system.
• This will benefit countries of the global South and India, a mega biodiversity hotspot with abundance of traditional knowledge, and wisdom.

Note: It bridges the gap between local communities and their GRs and ATK for the 1st time in the global IP community.
Mandatory Disclosure Obligations:
i.The treaty on ratification and entry into force will require the contracting parties, to implement mandatory disclosure obligations for patent applicants regarding the origin of GRs.
ii.The treaty compels nations, including developed ones, to amend their legal frameworks for robust implementation.
Protection for Indian GRs:
The treaty offers additional protection for Indian GRs and ATK, safeguarding them against misappropriation in countries lacking disclosure obligations.
Note: Presently, only 35 countries have disclosure obligations, often not mandatory and lacking appropriate sanctions for effective enforcement.
Safeguarding Biodiversity and Innovation:
i.The WIPO treaty not only safeguards biodiversity but also enhances transparency in the patent system.
ii.It strengthens innovation by incentivising inclusive participation and addressing the needs of all nations and communities.
Global Support and Adoption:
i.The treaty’s adoption, with consensus among over 150 countries, reflects a collective effort spanning 2 decades of negotiations.
ii.Most of the developed countries generate IP by using these resources and knowledge for research and innovation.
iii.Developed countries’ endorsement signifies a crucial step towards bridging conflicting paradigms within the IP system.
About World Intellectual Property Organization (WIPO):
WIPO, established in 1967, is a self-funding agency of the United Nations (UN). It is a global forum for IP services, policy, information, and cooperation.
Director General– Daren Tang
Member states– 193
Headquarters– Geneva, Switzerland

BANKING & FINANCE

NSE Lowered Tick Size to 1 Paisa for Stock Price Below Rs 250National Stock Exchange of India Limited (NSE) announced that it has lowered the tick size for all stocks from 5paisa (at present) to 1 paisa for securities priced below Rs 250 in the cash segment. The main objective for this new tick size is to enhance liquidity and improve price discovery by allowing more granular price adjustments.

• The new tick size will be effective from 10th June, 2024.
• Also, the stock futures shall have the same tick size from 8th July, 2024, as applicable in the cash market segment.

Key Points:
i.The new tick size will be applicable to all securities except: Exchange Traded Funds  (ETFs) including: EQ, BE, BZ, BO RL and AF series.
ii.The tick size for T+1 settlement securities will also be applicable to T+0 (T0) settlement securities.
iii.All price –related computations such as closing price, base price, common equilibrium price and settlement price will be framed as per the applicable tick size of the security.
iv.The NSE will examine and adjust tick size of each security on a monthly basis based on the closing prices of the last trading day of each month to determine the applicable ticket size for the following month.
About Tick Size:
It is the minimum price increment between two consecutive bid (Buy) and offer (Sell) prices.

• For example: if a stock size has a tick size of Rs 0.10 or 10 paisa and the Last Traded Price (LTP) was Rs 200, then the next possible bid prices would be Rs 199.90, 199.80, 199.70, 199.60 and so on. In this case, the bid price cannot be Rs 199.86 as it does not meet the tick size requirement of Rs 0.10.

Note: The new tick size of NSE is more competitive with Bombay Stock Exchange (BSE) which implemented same 1 paisa tick size for stocks below Rs 100 in March 2023.
About National Stock Exchange (NSE):
Chairperson- Girish Chandra Chaturvedi
Headquarters- Mumbai, Maharashtra
Founded – 1992

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 imposed a financial penalty of 10 million rand (~Rs 4.5 crore) on the State Bank of India (SBI)’s SA branch for violating anti-money laundering laws in SA.

• The financial penalty consists of an immediately payable portion 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 prescribed timeline.
• The penalty was imposed under Section 45C of the Financial Intelligence Centre Act 38 of 2001 (FIC Act) for non-compliance with certain provisions of South Africa’s FIC Act.
• This section enables the FIC to take measures to address issues related to money laundering.

Note: 
i.SBI was incorporated on 20th December 1996 in SA and obtained its certificate on the same day to commence its business.
ii.It is one of the financial services providers licensed by SARB.

ECONOMY & BUSINESS

Goldman Sachs Revised India’s 2024 GDP Growth Projection Upwards to 6.7%; Expects RBI Rate Cut in Q4Goldman Sachs Group Inc has revised its projection for India’s Growth Domestic Product (GDP) for Calendar Year 2024 (CY24), upwards by 10 Basis Points (bps) to 6.7% from 6.6%.

• It has also estimated that Reserve Bank of India (RBI) will cut the interest  rates in the 4th Quarter (Q4) of current Calendar Year (CY24) or Q3FY25(2024-25).

Key Points:
i.As per analysts at Goldman Sachs, core inflation in India to bottom out in 2nd Quarter (Q2) of CY24 and will increase to 4% to 4.5% in 2nd half of CY24.

• This prediction is mainly based on increase in core goods inflation due to slowed impact of manufacturing increases.

ii.According to Goldman Sachs, RBI will make changes in monetary policy only if it sees any progress in the monsoons and sowing of the Kharif crop and later assess the food inflation trajectory in the 2nd half of CY24.
iii.It has changed its earlier prediction of cut in interest rate by RBI from Q3 to Q4 for CY24, with 1st cut most probably will be in December 2024 of Monetary Policy Committee (MPC) meeting.
iv.It also estimated easing cycle of total 50 bps rate cuts from RBI, with 1st interest rate cuts of 25 bps each in Q4-CY24 and Q1-CY25.
v.It has also revised its prediction for United States of America (U.S.A.) central bank, Federal Reserve to make 1st rate cuts in CY24, with 2nd rate cut in December.
Related Information:
On 14th May 2024, Moody’s Ratings has projected that India’ Gross Domestic Product (GDP) to grow 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.

AWARDS & RECOGNITIONS

ACI Asia-Pacific & Middle East GAR Awards 2024; 3 Indian Airports Bagged ‘Silver’ AwardAirport Council International (ACI) Asia-Pacific and Middle East announced 8th Green Airports Recognition (GAR) awards for 2024. Three Indian Airports have been awarded under 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) under ‘less than 8 million passengers per annum’ category.

About Airports Council International (ACI) Asia-Pacific and Middle East:
ACI Asia-Pacific & Middle East is one of 5 regions of the only global airport trade organisation, Airports Council International (ACI) World.
Director-General (DG)– Stefano Baronci
Headquarters- Hong Kong SAR (China)
>> Read Full News

POWERGRID Receives ATD BEST Awards 2024 for the 3rd time in L&D Field; NTPC Secures 3rd Rank GloballyPower Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power has been awarded the ATD BEST Awards 2024, by the Association for Talent Development (ATD), the United States of America (USA) for leveraging talent development as a strategic business tool.

• NTPC Limited (formerly National Thermal Power Corporation), a Maharatna company and India’s largest power utility secured the 3rd rank globally at the ATD BEST Awards 2024, making it the highest-ranking among all Indian companies.

Points to Note:
i.This is the 3rd time POWERGRID has been honoured with the ATD BEST Award, having previously received it in 2021 and 2023.
ii.This recognition highlights POWERGRID’s position among elite global organisations in Learning & Development (L&D).
iii.NTPC is the only Public Sector Undertaking (PSU) to receive this award 7 times in the past 8 years.
Award Ceremony:
An Award ceremony was held in New Orleans, Louisiana, USA to honour the winners.
i.On behalf of POWERGRID, the Award was received by Director (Personnel), Dr. Yatindra Dwivedi, and Chief General Manager (CGM) (Human Resource Development (HRD)), Bipin Kishor Mundu.
ii.On behalf of NTPC, the Award was accepted by CGM (Strategic HR & Talent Management), Ms. Rachana Singh Bhal.
POWERGRID’s and NTPC’s Achievement:
i.This recognition highlights POWERGRID’s innovative use of Artificial Intelligence (AI) and machine learning for the efficient maintenance of extensive power transmission networks and the successful execution of large-scale projects.
ii.This recognition highlights NTPC’s exceptional HR performance internationally and demonstrates NTPC’s outstanding L&D practices.
About ATD Best Awards:
i.The ATD BEST Awards is one of the most esteemed international recognitions in L&D, which honours, organisations that achieve enterprise-wide success through employee talent development.
ii.Established in 2003, the ATD BEST Awards Winners’ Circle features diverse organisations, including private, public, and not-for-profits from around the globe.
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, incorporated on 23rd October 1989 under the Company Act of 1956.
About NTPC Limited:
CMD– Gurdeep Singh
Headquarters– New Delhi, Delhi
Established– 1975

APPOINTMENTS & RESIGNATIONS

Vice Admiral Gurcharan Singh Assumes Charge as Commandant, National Defence Academy Vice Admiral Gurcharan Singh, AVSM, NM an alumnus of the National Defence Academy (NDA) assumed the role of Commandant, NDA (Khadakwasla) on 25 May 2024, in Pune, Maharashtra.

• He succeeded Vice Admiral Ajay Kocchar, AVSM, NM, who assumed the appointment of Commandant, NDA on 01 April 2022.

About Vice Admiral Gurcharan Singh:
Distinguished Career:
i.Vice Admiral Gurcharan Singh was commissioned into the Indian Navy on 01 Jul 1990.
ii.A Gunnery and missile specialist, Singh has served on the Indian Naval Ship (INS) Ranjit and INS Prahar.
iii.He was part of the commissioning crew for 3 Indian constructed warships, INS Brahmaputra (as Gunnery Officer), INS Shivalik (as Executive Officer), and INS Kochi (as Commanding Officer).

• He also commanded INS Vidyut and INS Khukri.

Instructional Roles:
i.He held instructional roles at INS Dronacharya (Gunnery School) and as the Deputy Commandant of the Naval War College, Goa.
ii.His staff tenures include appointments at the:

• Directorate of Personnel/Naval Headquarters (NHQ) in New Delhi (Delhi), as the Assistant Chief of Personnel (Human Resource Development (HRD));
• Directorate of Naval Intelligence/NHQ, and Indian Naval Work-up Team.

Recent Achievements:
i.In 2021, he was appointed the Chief Staff Officer (Operations), at Western Naval Command.

• Later, he served as the Assistant Chief of Personnel (HRD) at NHQ.

ii.In 2022, he became the Flag Officer Commanding the Eastern Fleet and maintained high operational readiness.
iii.On 15 Jan 2024, he was appointed Controller of Personnel Service (CPS) and initiated personnel welfare improvements.
Achievements and Awards
i.He was awarded the Admiral Katari Trophy for standing First in his batch’s Overall Order of Merit, during ab initio training.
ii.Under his command, INS Khukri received the Chief of Naval Staff (CNS) ‘Unit Citation’ in 2011.
iii.He was awarded the Flag Officer Commanding-in-Chief (FOC-in-C) Commendation (2002), Nao Sena Medal (NM) (2020), and Ati Vishisht Seva Medal (AVSM) (2024).
About National Defence Academy (NDA):
NDA is the joint defence service training institute of the Indian Armed Forces (Indian Army, Indian Navy, and Indian Air Force). It is the first tri-service academy in the world.
Headquarters– Pune, Maharashtra
Motto– Seva Parmo Dharm (Service Before Self)
NDA was commissioned on 07 December 1954, and the Academy was formally inaugurated on 16 January 1955.

Gitanas Nauseda Re-elected as the President of Lithuania for 2nd TermGitanas Nauseda has been re-elected as the President of Republic of Lithuania for the 2nd five year term from 2024 to 2029. He has been serving as the President of Lithuania since 2019.

•  Nauseda has won the presidential election by securing 74.43% of the total votes. Ingrida Simonyte finished 2nd with 24.06% of the votes.

About Gitanas Nauseda:
i.Gitanas Nauseda(60) is a Lithuanian economist, banker and politician.
ii.He has served as a director of monetary policy at the Bank of Lithuania from 1996 to 2000.
iii.He also served as a Chief economist to the chairman of SEB bankas (commercial bank in Lithuania) from 2008 to 2018.
iv.Nausėda, as a president, addressed Lithuania’s response to Belarusian uprisings in 2020-2021 and Russia’s invasion of Ukraine in 2022.
About the Republic of Lithuania
It is one of the 3 Baltic countries in the Baltic region (north-eastern region of Europe) – Estonia, Latvia, and Lithuania. It has been a member of the European nation since 2004.
Prime Minister (PM) – Ingrida Simonyte
President – Gitanas Nauseda
Capital – Vilnius
Currency – Lithuanian litas (LTL)

ACC Approves One Month Extension of Tenure of COAS Manoj Pande 
On 26th May 2024, Appointments Committee of Cabinet (ACC) has approved the extension in service of Chief of the Army Staff (COAS) General Manoj C Pande for a period of one month beyond his normal age of superannuation (31st May 2024) up to 30th June 2024.
It was approved under Rule 16 A (4) of the Army Rules 1954.

• He has held the position of COAS since his appointment on April 30, 2022.
• The present Vice Chief of Army Staff, Lieutenant General Upendra Dwivedi, is the next in line for the top post based on the principle of seniority.
• He is notable for being the first officer from the Corps of Engineers (The Bombay Sappers) to lead the Indian Army.
• He held the appointment of Vice Chief of the Army Staff before taking over as the COAS.

SCIENCE & TECHNOLOGY

NASA Launches Small Climate Satellite PREFIRE from New Zealand’s Rocket Lab’s Launch Complex to Study Earth’s Poles National Aeronautics and Space Administration (NASA) successfully launched the first pair of small climate satellites atop the Rocket Lab’s Electron rocket from Launch Complex 1 in Māhia, New Zealand.

• The mission, dubbed PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission, aims to study heat emissions at the Earth’s poles for NASA.

About PREFIRE Mission:
i.The mission consists of  two shoebox-sized CubeSats, equipped with thermal infrared spectrometer capable of measuring the far-infrared radiation emitted by the Earth’s coldest and most remote regions – the Arctic and Antarctic.

• The spectrometer uses specially shaped mirrors and sensors to measure infrared wavelengths.

Duration:
i.Following a 30-day checkout period, both the CubeSats will become operational.
ii.The mission is expected to operate for 10 months, gathering invaluable data on the Earth’s energy budget
Key Points:
i.The CubeSats will provide detailed observations on how Earth’s polar regions influence how much energy our planet absorbs and releases.
ii.The mission studies the balance between incoming solar heat and outgoing heat from the Earth, which is crucial for understanding the planet’s temperature and climate.
Key Benefits:
i.Climate Prediction: Enhanced data will improve climate and weather models.
ii.Application: This information is vital for farmers, fishing fleets, and coastal communities to adapt to climate change.
Launch Details:
Provided by NASA’s Launch Services Program in partnership with NASA’s Earth System Science Pathfinder Program under the Venture-class Acquisition of Dedicated and Rideshare (VADR) launch services contract of NASA.

• NASA’s Launch Services Program is based out of NASA’s Kennedy Space Center in Florida, US.

Mission Partners:
i.The PREFIRE mission was jointly developed by the NASA, and the University of Wisconsin-Madison, the United States of America (USA).
ii.NASA Jet Propulsion Laboratory (JPL) manages the mission for NASA’s Science Mission Directorate and provides the spectrometers.
iii.Blue Canyon Technologies built the CubeSats and the University of Wisconsin-Madison processes the data the instruments collect.
iv.Rocket Lab USA Inc. of Long Beach, California, US is the launch services provider.
About National Aeronautics and Space Administration (NASA):
Administrator– Bill Nelson
Headquarters– Washington, D.C., US
Founded– 1958

Azad Engineering Bagged Contract to Provide Advanced Turbo Gas Generator Engine for GTRE-DRDO Defence Programmes
Hyderabad (Telangana)-based, Precision Engineering and Manufacturing Company, Azad Engineering Limited has bagged contract from the Gas Turbine Research Establishment (GTRE), an Research and Development (R&D) organisation of Defence Research and Development Organisation (DRDO) and Ministry of Defence (MoD), Government of India (GoI), to provide end-to-end manufacturing, assembly and integration of completely-assembled advanced turbo gas generator engine for Defence programmes of India.

• The company will deliver 1st batch of fully integrated turbo engines by early 2026.

Key Features:
i.The engine is designed with a single-spool turbo jet set up.
ii.The main components of engine are- 4-stage axial flow compressor, an annular combustor, a single-stage axial flow uncooled turbine, and fixed exit area nozzle.
iii.The sophisticated propulsion system of engine is suitable for several defence applications.

SpaceX Launched 1st Batch of Satellites for New U.S. Spy Constellation
On 22nd May 2024, American aerospace company, SpaceX launched 1st batch of operational spy satellites. These satellites were built by SpaceX as part of a new United States of America (U.S.A.) intelligence network, to enhance the country’s space-based surveillance powers.

• The mission called NROL-146, was launched aboard the Falcon 9 Rocket which lifted off from the Vandenberg Space Force Base in South California, U.S.A.

Key Points:
i.SpaceX in collaboration with Northrop Grumman Corporation (Northrop Grumman) is developing hundreds of satellites for U.S. National Reconnaissance Office (NRO), an intelligence agency.

• The main objective of this collaboration is to create an extensive orbital system capable of quickly identifying ground targets nearly anywhere on Earth.

ii.NRO has set a target of approximately 6 launches in 2024, with additional launches expected to continue through 2028.

• According to NRO, this launch was the 1st launch of proliferated systems of NRO that features responsible collection and rapid data delivery.

SPORTS

Iran’s Bardiya Daneshwar won Sharjah Masters 2024; India’s Divya Deshmukh won Challengers 2024 TitleBardiya Daneshwar, a 17-year-old Iranian chess grandmaster(GM), won the Masters title at the Sharjah Masters 2024, the 7th edition of the International Chess tournament, held in Sharjah, the United Arab Emirates(UAE) from 14th to 22nd May 2024.

• This marks Daneshvar’s first-ever title at the Sharjah Masters.
• Divya Deshmukh, an 18-year-old Indian Chess International Master (IM), won the Challengers title at the Sharjah Masters 2024.  Leya Garifullina (Russia) and Sina Movahed (Iran) finished at the 2nd and 3rd respectively.

Prize Money: The winner(1st place) of the Masters title received USD 12000 and the winner (1st place) of the Challengers title received USD 2000.
Highlights of Masters 2024:
i.Bardiya Daneshvar and 3 other players finished atop the standing with 6.5 points each. Daneshvar was declared the winner on tiebreak criteria.
ii.While Bardiya Daneshwar clinched the top spot, Volodar Murzin(Russia); Sam Shankland(the United States of America-USA) and  Shamsiddin Vokhidov (Uzbekistan) were ranked 2nd, 3rd and 4th rank respectively.
iii. Indian GM Erigaisi Arjun finished at a draw with Bardiya Daneshwar in the 9th and final round making, securing the 7th rank in the final standings of the top 10 in Masters 2024. Arjun is the only Indian featured in the top 10.
iv. Aravindh Chithambaram bagged the 13th spot after two consecutive losses.
About Bardiya Daneshwar:
i.Bardiya Daneshwar won his first national title at the Iranian Chess Championship in 2022 and became a grandmaster in 2023.
ii.He finished 2nd (silver) at the 2023 Asian Continental Chess Championship held in Almaty, Kazakhstan in 2023.
About Divya Deshmukh:
i.Divya Deshmukh won the Indian National Women’s Chess Championship 2022.
ii.She won the gold at the Asian Women’s Chess Championship 2023 held in Almaty, Kazakhstan. She also won the women’s rapid section of the Tata Steel India Chess Tournament 2023.
Indian Origin Siddharth Jagadeesh Become 5th GM of Singapore:
Chandigarh-born Indian origin, 16-year-old IM Siddharth Jagadeesh became the fifth Grandmaster of Singapore.
i.He earned his final GM-norm by defeating Andrey Esipenko(Russia) in the 8th round of the Sharjah Masters 2024.
ii.His 1st GM-norm was scored at Vezerkepzo September GM in Budapest, Hungary, in 2023 and the 2nd norm was scored at L R Global Grandmaster Aspirant 1 Chess Tournament in Dhaka, Bangladesh, in February 2024.
iii.His achievement is yet to be certified by FIDE(International Chess Federation).
About Sharjah Masters 2024:
i. The Sharjah Cultural and Chess Club has hosted the 7th edition of Sharjah Masters (2024). the tournament features 3 sections – Masters, Challengers, and Futures.
ii.The tournament will be a 9-round swiss event.

Malaysia Masters 2024 – PV Sindhu finishes runner-up in the Women’s Singles; Viktor Axelsen wins the Men’s Singles titleTwo-time Olympic medalist and World number 15, Pusarla Venkata (P.V) Sindhu settles as runner-up in the Women’s Singles category after losing the match to World number 7, Wang Zhi Yi of China in the Badminton World Federation (BWF) Malaysia Masters 2024 held from 21st to 26th May 2024 in Axiata Arena, Kuala Lumpur, Malaysia.

• Meanwhile, World number 1 Viktor Axelsen won his first World Tour title of 2024 in the Men’s Singles category after defeating Malaysian badminton player Lee Zii Jia.

Note– The total prize money set for the Malaysia Masters 2024 BWF Super 500 badminton tournament is USD 4,20,000.
About P.V Sindhu :
i.P.V Sindhu has won the Singapore Open and Commonwealth Games (Birmingham) in 2022.
ii.PV Sindhu has captured the women’s singles title in the competition twice in 2013 and 2016, while Saina Nehwal secured the title in 2017.
iii.She also finished as a runner up at the Madrid Spain Masters in 2023.
Key Highlights of the Tournament :
i.This Men’s singles title is Viktor Akelsen’s second Malaysia Masters and his 29th overall on the World Tour.
ii.Kim Astrup and Anders Skaarup Rasmussen of Denmark defeated South Korea’s Jin Yong and Na Sung-seungto win the men’s doubles.
iii. Rin Iwanaga and Kie Nakanishi of Japan won the Women’s doubles after defeating South Korea’s Lee Yu-lim and Shin Seung-chan.
iv.Malaysia’s Goh Soon Huat and Shevon Jemie Lai smashed Indonesia’s Rinov Rivaldy and Pitha Haningtyas Mentari to win the mixed doubles title.
Results :

About Malaysia Masters 2024 :
i.The 2024 Malaysia Masters 2024 was the 13th tournament on the BWF World Tour 2024.
ii.It commenced in 2009 wherein the Badminton World Federation (BWF) had previously categorized the event as a Grand Prix Gold tournament. However, from 2018, it has been classified as a BWF World Tour Super 500 tournament.
About Badminton World Federation (BWF):
President – Poul-Erik Høyer Larsen
Headquarters – Kuala Lumpur, Malaysia

OBITUARY

Oscar Winning American Songwriter Richard M. Sherman Passed AwayRichard M. Sherman, the Oscar winning American Songwriter passed away at the age of 95 in Beverly hills, California, United States of America (USA). He was born on 12th June 1928, in New York City, USA.

• He has partnered with his brother Robert B. Sherman, and won two Academy Awards (Oscar) for the best music score and best original song for ‘Chim Chim Cher-ee’ in the Disney film ‘Mary Poppins’ in 1965.

About Richard M. Sherman:
i.Richard M. Sherman and his brother wrote more than 150 songs at Disney including the soundtracks for films like ‘Parent Trap’ (1961); ‘The Sword and the Stone’ (1963); ‘The Jungle Book’ (1967); ‘It’s a Small World (After All)’ (1963).
ii.They also wrote an estimated 1,000 songs and music for 50 movies and some of their works includes ‘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).
Note: Robert B. Sherman died in London, United Kingdom (UK) at age 86 in 2012.
Awards & Honours:
i.In 1973, the Sherman brothers made history by becoming the only Americans ever to win 1st Prize for their musical ‘The Adventures of Tom Sawyer’ at the Moscow Film Festival.
ii.They were honoured with 23 gold and platinum albums and were inducted into the Songwriters’ Hall of Fame in 2005.
iii.They were also honoured with a star on the Hollywood Walk of Fame in 1976 and named as Disney Legends in 1990.
iv.The former US President George W. Bush awarded them the National Medal of Arts in 2008.
v.They also won three Grammy awards for their work in 1965 and 1975.

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