NATIONAL UPDATES:
1. Northeast's first defence tech show begins in
Guwahati: The first-ever defence tech show in
Northeast India, called 'East Tech', has begun in Guwahati. Aim: To
expose manufacturers to the needs of the armed forces and enable direct
procurement of their products The Indian Army and the Assam government
organized the tech event, which also featured MSMEs, defence PSUs, and
start-ups showcasing their goods Nearly 200 manufacturers have set up their
booths at the two-day ‘East Tech’ event, launched by Lt Gen Rana Pratap Kalita
2. Dept Of Animal Husbandry And Dairying Launched
‘A-HELP’ Programme: The Department of Animal Husbandry and Dairying, Government of
India launched the ‘A-HELP’ (Accredited Agent for Health and
Extension of Livestock Production) programme in the State
of Jharkhand. Aim: To empower women by engaging them as Accredited Agent
who contribute significantly to disease control, animal tagging, and livestock
insurance. The new scheme would enhance access to veterinary
services at the farmer's doorstep and empower Pashu Sakhis.
3. Petroleum Minister Inaugurates 26th Energy Technology
Meet in New Delhi: Hardeep Singh inaugurated the 26th Energy Technology Meet at Bharat
Mandapam, New Delhi. Aim: To provide a common forum for refiners and technology
service providers for the exposition of recent advances. He announced that
India had exceeded its biofuel blending targets, which are an important
component of the country's green energy policy. The aim of 20% biofuel
blending, which was originally set for 2030, has been pushed back to 2025.
4. Govt Introduces Shreshta Scheme For Quality Education
Of SC Students: The Ministry of Social
Justice & Empowerment has introduced the 'Scheme for Residential Education
for Students in High Schools in Targeted Areas' (SHRESHTA). Aim: To
extend the impact of government development programs and bridge service gaps in
areas predominantly inhabited by SC communities within the education sector. The
scheme's core strategy involves fostering collaboration between grant-in-aid
institutions managed by NGOs and residential high schools
5. Navneet Munot elected Chairman of the AMFI: The Association of Mutual Funds in India (AMFI) has
elected Navneet Munot and Anthony Heredia as its new chairman and
vice-chairperson. Currently, Munot is the Managing Director (MD) and Chief
Executive Officer (CEO) of HDFC Asset Management. Heredia is the MD and CEO of
Mahindra Manulife Mutual Fund. The election brings an end to a two-year term of
A Balasubramanian as the chairman and Radhika Gupta as the vice-chairperson. Though
the association holds elections for the two positions every year, the elected
representatives generally get a two-year term. The election took place at the
28th annual general meeting (AGM) of Amfi in September 2023. Munot and Heredia
will take charge from 16 October 2023.
INTERNATIONAL UPDATES:
1. India, Italy sign defence agreement: India and Italy signed an agreement on defence cooperation
during defence minister Rajnath Singhs. Aim: To promote bilateral
cooperation in areas such as security and defence policy, research and
development, education in military field, maritime domain awareness, sharing of
defence information The relationship between India and Italy was elevated to
strategic partnership in March 2023 during the visit of Italian Prime Minister
Giorgia Meloni to India.
2. IOC and Reliance Foundation Join Forces to Promote
Olympic Values: The International Olympic
Committee (IOC) with the Olympic Museum has aligned with Reliance Foundation Aim:
To build on the success of the Olympic Values Education Programme (OVEP) in
India and signed a new cooperation agreement. It underscores the
organisations’ shared priority to promote Olympic values through sport among
young people. Aim: To increase access to sport and bring the health and
societal benefits of physical activity to communities across the globe.
3. Operation Ajay set to evacuate Indian nationals from
Israel: India has launched Operation Ajay to
facilitate the return from Israel of its citizens who wish to return. External
Affairs Minister Dr S Jaishankar announced this operation, emphasizing the
government’s commitment to ensuring the safety and well-being of Indian
nationals abroad. Special charter flights and other arrangements are being
organized to bring back Indian citizens from Israel. The Indian Embassy in
Israel has initiated contact with registered Indian citizens, starting with the
first group, for the special flight. Subsequent flights will follow, and
communication will be made accordingly.
4. UAE Chairs International Conference 2023 on Climate
Change: The UAE has
chaired the 2023 International Conference on Climate Change and Nuclear
Energy, organized by the International Atomic Energy Agency (IAEA). The
conference aims to provide a platform for Member States, representatives of
low-carbon energy sectors, international organizations, and other relevant
bodies to exchange information on the role of nuclear energy in the path to
eliminating carbon emissions, in line with the goals of limiting global
warming. This event is an ideal opportunity to discuss relevant policies and
strategies with various international bodies and exchange expertise on the role
of peaceful nuclear energy in addressing climate change. Notably, the United
Arab Emirates will also host the 28th session of the Conference of the Parties
to the United Nations Framework Convention on Climate Change (COP28) from 30
November to 12 December 2023 in Dubai Expo City. The decision of the UAE to
host the international conference affirms its commitment to working to mitigate
the effects of climate change at multiple levels.
5. 12 October 2023 – World Sight Day: World Sight Day is observed across the
globe on the second Thursday of October every year and this year was
celebrated on12 October. Objective – To raise awareness about blindness and
vision impairment. Theme 2023 – Love your eyes at work The Department of
Empowerment of Persons with Disabilities under the Ministry of Social Justice
and Empowerment has organized several events to create awareness about visual
impairment among the masses. World Sight Day has been observed since the year
2000 and is now coordinated by the International Agency for the Prevention of
Blindness alongside the World Health Organization. It was initially observed as
part of a SightFirst campaign by the Lions Club International Foundation. The
occasion has had an associated theme for most of its 22-year history.
OTHER UPDATES:
SPORTS
1. Rohit Sharma Smashes India’s Fastest World Cup
Century: India captain Rohit Sharma slammed
his 31st ODI century in the World Cup 2023. He completed his hundred
off 63 balls, fetching him the record for the fastest century ever by
an Indian in the history of World Cup surpassing the legendary Sachin
Tendulkar for the most hundreds (7) in World Cup history.
He
completed 1000 runs in World Cup, becoming only the fourth
Indian to the landmark He struck 3 sixes to become the
leading six-hitter in international cricket
2. National Games 2023 To Be Held In Goa From Oct. 26 To
Nov. 9: The state's sports
minister Govind Gaude confirmed that the 37th edition of the National
Games 2023 will be held in Goa from October 26 to November 9. The
National Games are India’s homespun Olympic-style multi-sport event where
athletes from the various states and Union Territories compete for medals. This
will be the first time Goa will host the National Games. Goa was awarded the
hosting rights for the 36th edition, initially scheduled for 2016.
3. Shubhi Gupta wins U-19 Girls National Chess
Championship: Shubhi Gupta has won the U-19 Girls’
National Chess Championship 2023 in Ahmedabad, Gujarat. Shubhi is an
integral member of the Cohort sponsored and supported by the esteemed Pravaha
Foundation as part of their laudable Initiative, “64 Squares.” The “64 Squares”
initiative encompasses a group of immensely talented chess players, spanning
various age groups and levels of expertise.
BANKING AND FINANCE
1. RBI Bank of Baroda to halt new customer onboarding on
its mobile app: The Reserve Bank of India (RBI) has ordered
Bank of Baroda (BoB) to suspend further customer onboarding on its ‘bob World’
mobile app with immediate effect, citing material supervisory concerns. Under
section 35A, the RBI has power to give directions to banks ‘to prevent the
affairs of any banking company being conducted in a manner detrimental to the
interests of the depositors or in a manner prejudicial to the interests of the
banking company’.
2. Navneet Munot Elected Chairman of the AMFI: Navneet Munot, MD and CEO of HDFC Asset
Management has been appointed as the Chairman of the Association of Mutual
Funds in India (AMFI). He replaced A Balasubramanian. He is a Chartered
Accountant and a CFA charter holder and has over three decades of experience in
financial services AMFI was incorporated as a non-profit organization. As of
now, all the 44 asset management companies that are registered with SEBI, are
its members.
3. RBI plan to include PM Vishwakarma Scheme
beneficiaries in PIDF Scheme: Reserve
Bank Governor has decided to include PM Vishwakarma under the
Payments Infrastructure Development Fund (PIDF) Scheme as well as extend
the tenure of the scheme by another two years. It is now proposed to extend the
PIDF Scheme by a further period of two years, that is up to December 31, 2025,
the RBI said while announcing a bi-monthly monetary policy. Operationalized in
January 2021, the PIDF Scheme aims at incentivizing the deployment of payment
acceptance infrastructure such as physical Point of Sale (PoS), Quick Response
(QR) codes in tier-3 to tier-6 centres, north-eastern states and Union
Territories of Jammu & Kashmir and Ladakh. As per the original plan, the
tenure of the PIDF scheme was fixed for three years till December 2023. Governor
Das said, beneficiaries of PM SVANidhi Scheme in Tier-1 and 2 centres were
later included in August 2021 under the PIDF scheme.
4. RBI stops Bank of Baroda from adding new customers on
its Mobile App: The Reserve Bank of
India (RBI) has directed the Bank of Baroda (BoB) to stop on-boarding
new customers into its mobile banking facility – ‘bob World’ — with
immediate effect. The action is based on certain material supervisory concerns
observed in the manner of onboarding of their customers onto this mobile
application. In order to add customers, the bank will have to rectify the
existing deficiencies observed and strengthen the process according to the RBI
standards. BoB assured that existing customers would not face any disruption
and would continue to have uninterrupted services on the mobile app. The
regulator also said that the existing customers of the application will not
face any disruption in their services on account of the RBI mandate. This order
does not impact any of the bank’s other digital banking channels such as Net
Banking, WhatsApp Banking, Debit Cards, ATMs, etc. for servicing its existing
customers as well as for onboarding of new customers.
AWARDS AND HONOURS
1. Hansal Mehta’s Scoop wins Best Series at Busan International Film Festival: Hansal Mehta’s newsroom drama series Scoop has been awarded the Best Asian TV Series at the ongoing Busan International Film Festival (BIFF). Starring Karishma Tanna in the lead role, the series is inspired by Jigna Vora’s book ‘Behind Bars in Byculla: My Days in Prison’. Scoop also starred Mohammed Zeeshan Ayyub, Prosenjit Chatterjee, and Harman Baweja, among others in pivotal roles.
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