NATIONAL UPDATES:
1. Amit Shah inaugurates India’s first liquid nano DAP
fertiliser plant: Union Home Minister Amit
Shah inaugurated India’s first liquid nano di-ammonia phosphate (DAP) plant
established by IFFCO at Kalol in Gandhinagar. This plant will hugely
benefit the farmers and also help reduce the import of DAP in the country.
Mr. Shah also laid the foundation stone for various development works
in the Sanand assembly area in Ahmedabad.
2. Indian Panorama announces official selection for 54th
IFFI, 2023: Indian Panorama, the
flagship component of the International Film Festival of India (IFFI) has
announced the selection of 25 feature films and 20 non-feature films. The
selected films will be showcased at the 54th IFFI to be held from 20th to 28th
of November in Goa. ‘Aattam will be the Opening Feature Film while ‘Andro
Dreams in Manipuri language will be the Opening Non-Feature Film.
3. Air Marshal Sadhna Nair takes charge as Director
General Hospital Services: Air Marshal Sadhna S Nair assumed the appointment of Director General
Hospital Services (Armed Forces) in the office of DGAFMS. Now, She become the
first woman to hold the position on promotion to the rank of Air Marshal.
Prior to this appointment, the Air Officer was tenanting the appointment of
Principal Medical Officer (PMO) at HQ Training Command (Air Force), Bangaluru.
4. Nitin Gadkari inaugurated 418-feet national flag at
Attari-Wagah border: Union minister for road transport and highways Nitin Gadkari inaugurated
the tallest national flag of 418 feet at Attari chief post on India-Pakistan
international border. The flag at the Attari border, famous tourist destination
and known for the beating retreat ceremony, will have the surveillance system
that will help the BSF keep vigil along the international border. Earlier,
there was a 360-foot flag that was installed in March 2017 at a cost of ₹3.5
crore
5. APAAR: ‘One Nation, One ID’ to be rolled out for students:
The Ministry of Education and Government of India has initiated the
APAAR ID (Automated Permanent Academic Account Registry ID), known as the “One
Nation One Student ID Card.” This groundbreaking program aims to digitally
centralize academic data, including degrees, scholarships, rewards, and other
credits for students.
6. 24 October – United Nations Day: United Nations Day, which falls
on October 24 each year, is a significant occasion that commemorates the
anniversary of the UN Charter coming into effect in 1945. This milestone event
marked the official establishment of the United Nations, a unique global
organization dedicated to fostering cooperation, maintaining peace and
security, and promoting international relations. Theme 2023 – The Frontlines of
Climate Action. The United Nations, often abbreviated as the UN, plays a
pivotal role on the world stage. It possesses unparalleled legitimacy, the
ability to bring nations together, and a profound influence on shaping
international norms.
INTERNATIONAL UPDATES:
1. World Polio Day being celebrated today: World Polio Day is celebrated every year on October 24 to
create awareness around the importance of polio vaccination to protect
children. Every year this day is remembered to raise awareness against the
poliomyelitis disease, commonly known as polio, and the importance of polio
vaccination. Polio virus can life in an infected person’s throat and intestines
and can be contracted by food and water in unhygienic conditions.
2. India to host the world's largest textiles event,
Bharat Tex 2024: India Inc. will host
the world's biggest textiles event, Bharat Tex 2024, in the national
capital from February 26 to 29 next year that will see the
participation of exhibitors and buyers from over 40 countries. Bharat Tex
2024 is envisaged to be a comprehensive showcase of the entire textile
industry value chain, from India's rich cultural heritage and textile
traditions to the latest technological innovations.
3. UN celebrates World Development Information Day: The World Development Information Day is
celebrated today by the United Nations (UN). This day aims to draw the
attention of the world to development problems and the need to strengthen
international cooperation to solve them. The UN hopes that effective
dissemination of information and the mobilization of public opinion,
particularly among young people, would lead to greater awareness of the
problems of development.
4. South Korea says holds first joint air drill with
Japan and US: South Korea, together with
Japan and the United States, held a joint aerial exercise near the Korean
peninsula on Sunday, the South Korean military said, marking the first such
collaboration between the three countries. The drill aimed to expand the
countries' response capabilities against North Korea's nuclear and missile
threats, South Korea's air force said in a statement. It involved a U.S. B-52
strategic bomber as well as fighter jets of the three nations.
OTHER UPDATES:
SPORTS
1. Lay’s announces Mahendra Singh Dhoni as brand
ambassador: Lay’s announces cricketer Mahendra Singh
Dhoni as its brand ambassador, starring in a campaign – ‘No Lay’s, No
Game.’ The brand is excited to reunite with the beloved cricketer, MS Dhoni, as
the face of Lay’s, solidifying the deep bond between the brand and our
cricket-obsessed nation. The partnership and ‘No Lay’s, No Game’ campaign will
continue to deliver boundless joy to consumers and remind them to continue to
elevate their match-viewing experience with Lay’s chips,” Saumya Rathor,
category lead – potato chips. The ‘No Lay’s No Game’ global campaign has been
associated with football icons Thierry Henry and Lionel Messi in other markets.
BANKING AND FINANCE
1. Russia's Sberbank Secures FPI Registration in India: Sberbank of Russia has become the first Russian bank to register
with the Indian markets regulator as a foreign portfolio investor (FPI),
according to data available on the website of National Stock Depository (NSDL).
Sberbank of Russia, a state-owned bank which already has a presence in India,
registered with the Indian markets regulator for a Category I FPI licence last
week.
2. India to surpass Japan to become 2nd largest economy
in Asia by 2030: S&P Global: India,
the world’s fifth largest economy in the world, is likely to
overtake Japan to become the world’s third-largest economy with a GDP of $
7.3 trillion by 2030, S&P Global Market Intelligence. After two years of
rapid economic growth in 2021 and 2022, the Indian economy has continued to
show sustained strong growth during the 2023 calendar year. India’s gross
domestic product (GDP) is expected to grow 6.2-6.3 percent in the fiscal year
ending in March 2024, being the fastest-growing major economy this fiscal year.
Asia’s third-largest economy grew by a stellar 7.8 percent in the April-June
quarter. The acceleration of foreign direct investment inflows into India over
the past decade reflects the favourable long-term growth outlook for the Indian
economy, helped by a youthful demographic profile and rapidly rising urban
household incomes. India’s nominal GDP measured in $ terms is forecast to rise
from $ 3.5 trillion in 2022 to $ 7.3 trillion by 2030. This rapid pace of
economic expansion would result in the size of the Indian GDP exceeding
Japanese GDP by 2030, making India the second largest economy in the
Asia-Pacific region.
3. RBI imposes ₹2.5 Crore penalty on L&T Finance for
Non-Compliance: The Reserve Bank of
India (RBI) has taken regulatory action against L&T Finance
Limited by imposing a monetary penalty of ₹2.50 crore on the company. This
action follows non-compliance with specific provisions of the Non-Banking
Financial Company – Systemically Important Non-Deposit taking Company and
Deposit taking Company (Reserve Bank) Directions, 2016. The penalty has been
levied by the RBI under the relevant sections of the Reserve Bank of India Act,
1934. This decision comes in the wake of a statutory inspection of L&T
Finance Limited, which covered its financial position as of March 31, 2021, and
March 31, 2022.
AWARDS AND HONOURS
1. 'Best Green Military Station' award conferred to Udhampur military station: The Udhampur military station received the 'Best Green Military Station' award. The 'Best Green Military Station' award was presented by Army Chief Gen Manoj Pande at the Army Commanders' Conference. Dehradun Military Station secured the "Second Best" award. Bikaner Military Station got the “Best Transformative Station" award. The 'COAS Flight Safety Trophy' has been awarded to ‘671 Army Aviation Squadron (R&O)'.
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