NATIONAL UPDATES:
1. Kerala becomes the first State to have hallmarking
centers : Kerala became the first state in
India to have hallmarking centres in all 14 districts. Aim: It
will make Kerala a hub of gold business and further strengthen its claim to
being the most reliable market in the country to buy gold ornaments There are
about 12K gold merchants in the State with majority holding BIS
registration. Gold merchants gave hallmarking and hallmarking unique
identification numbers even for pieces with weight below two grams
2. Union Minister Sadhvi Niranjan Jyoti inaugurates SARAS
Ajeevika Mela: Minister of State for Rural
Development, Sadhvi Niranjan inaugurated the SARAS Ajeevika
Mela showcasing the best of crafts by rural Self Help Group (SHG) Women
at Gurugram. This is the second edition of Saras Ajeevika
Mela. To empower at least two crores Lakhpati didis of Deendayal
Antyodaya Yojana- National Rural Livelihoods Mission. The two-week-long
Mela will witness over 800 SHG women from across the country showcasing their
handicraft and handloom products.
3. IAF signs contract for procurement of automatic
weather stations: The Indian Air
Force recently signed a contract with an Indian manufacturer for the
procurement of Automatic Weather Stations at 82 IAF locations. Aim: To
provide a major boost to Aerospace Safety by making available
real-time weather updates during flying operations and training. The IAF
is working on the upgrade program of the Su-30MKI fleet where 84
planes would be upgraded indigenously with advanced made-in-India
radars ( Virupaaksha ) and weapon systems.
4. Kerala to set up ₹200 crore Graphene production
facility in public-private partnership: The Kerala
Government has decided to set up a pilot production facility of
Graphene. The production facility will cost ₹200 crores. Graphene is called a
wonder material for its extraordinary electrical and electronic properties, in
the state. The facility is designed to operate on a public-private partnership
model and will require an estimated investment of ₹237 crore. The Kerala
Digital University will be the implementing agency, while the Kerala Industrial
Infrastructure Development Corporation (KINFRA) has been assigned the role of a
special-purpose vehicle for infrastructure development.
INTERNATIONAL UPDATES:
1. US and South Korean militaries hold joint future
combat drills: In Gangwon Province in South Korea, the
US and South Korean militaries held joint future combat drill
exercises. Aim: To beef up future combat capabilities, with the
troops wearing multiple integrated laser engagement systems (MILES), which uses
lasers to simulate actual battle. The South Korean army training was an attempt
to modernize their military and improve their responses to North Korea's
nuclear and missile threats.
2. World Stroke Day is observed on 29th October 2023: World Stroke Day is observed on 29th
October 2023 which serves as a critical reminder of the prevalence and
impact of strokes on individuals and communities worldwide. The theme for World
Stroke Day 2023 is "Together we are Greater Than Stroke." Aim: To
raise awareness about strokes, their prevention, treatment, and the importance
of timely intervention. Strokes, often referred to as brain attacks, are a
leading cause of disability and death worldwide.
OTHER UPDATES:
SPORTS
1. Darpan Inani, Soundrya Pradhan, Ashwin won gold in
chess Darpan Inani, So: Indian Chess players Darpan Inani,
Soundrya Pradhan and Ashwin bagged a gold medal in
the men’s chess at the Hangzhou Asian Para Games 2023 in Hangzhou,
China. Other winners: Kishan Gangoli, Aryan Joshi and Somendra won a
bronze medal in the men's chess B2 category team. Himanshi Rathi, Sanskruti
More and Vruthi Jain won a bronze medal in the women's chess B1 category
team Anita and Narayana Konganapalle won a silver medal in rowing at the
Hangzhou Asian Para Games
2. Manu Bhaker secures India's 11th Paris Olympics quota
in Korea: In shooting, Manu
Bhaker secured the 11th Paris Olympics quota place for India
after finishing fifth in women’s 25-metre sports pistol at the
Asian Championships in Changwon, Korea Arjun Babuta in men’s 10 metre air
rifle event and Sarabjot Singh in men’s 10 metre air pistol event have also
secured Paris 2024 quotas. Manu is the second shooter after 10-metre air pistol
marksman Sarabjot Singh to clinch an Olympic quota in the pistol events
3. Neeraj Yadav clinched a gold medal in the men's
javelin throw: Indian Neeraj Yadav
clinched a gold medal in the men's javelin throw-F55 event at
the Hangzhou Asian Para Games 2023 Other winners: Tek
Chand Mahlawat begged a bronze medal in the men's javelin throw-F55 at the
Hangzhou Asian Para Games 2023 Dilip bagged a gold medal in the men's 400m
- T47 event at the Hangzhou Asian Para Games 2023 Pooja baggeda bronze
medal in the women's 1500m T-20 event at the Hangzhou Asian Para Games 2023
4. Indian para-athletes create history with India's
highest-ever Medal Tally: Medal Tally in the Para Asian Games 2023 with 111 medals,
including 29 Gold medals 31 Silver medals and 51 bronze medals. India sent
its largest contingent this year, consisting of 303 athletes (191 male
& 112 female). Out of the 111 medals, female athletes have
contributed 40 medals, i.e. 36% of the medal tally. Be it the Khelo India
Scheme at the grassroots level or the Target Olympic Podium Scheme for elite
athletes.
BANKING AND FINANCE
1. IRDAI forms panel to simplify insurance policy
wordings : The Insurance Regulatory and Development Authority
of India (IRDAI) has constituted a committee of 12 members to
simplify insurance policy wording. The committee, which will be headed by
L Viswanathan, a member of the Insurance Advisory Committee (IAC), will
also include the Secretary Generals of the Life Insurance and General Insurance
Council along with the president of the Insurance Brokers Association of India
(IBAI) and the Principal Officer, State Bank of India (Corporate Agent) as well
as other senior members of the insurance industry. This decision comes in the
backdrop of Irdai’s observation that policyholders often find it difficult to
understand the terms and conditions in insurance policy contracts due to the
complex language used in the policy, stopping them from making informed
decisions while purchasing an insurance policy. As a step towards Irdai’s goal
of Insurance for all by 2047, the regulator is putting efforts towards creating
a progressive, supportive, facilitative and forward-looking architecture, which
will foster a healthy environment leading to wider choice, accessibility and
affordability to the policyholders. The eight-member committee has been asked
to submit its recommendations within 8-10 weeks.
OBITUARIES
1. Actor Matthew Perry passed away at 54 : “Friends” star Matthew Perry passed away in Los Angeles home at the age of 54. He was an incredibly gifted actor and an indelible part of the Warner Bros. The impact of his comedic genius was felt around the world, and his legacy will live on in the hearts of so many. He brought so much joy to hundreds of millions of people around the world with his pitch perfect comedic timing and wry wit. His legacy will live on through countless generations.
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