Daily GK Update- 26th Oct, 2023

NATIONAL UPDATES:

 

1. Arjun Munda inaugurates National Tribal Festival in Ahmedabad: Union Tribal Affairs Minister Arjun Munda inaugurated the National Tribal Festival at Vastrapur Hat in Ahmedabad. Aim: To celebrate and showcase the diverse cultural traditions of the tribal communities.  Objective: To promote entrepreneurship, particularly in remote areas, with the aim of enhancing sustainable production. The National Tribal Festival in Ahmedabad features over 100 stalls that showcase India's tribal culture, handicrafts, and cuisine.

 

2. EC To Appoint Actor Rajkummar Rao As Its ‘National Icon’: Chief Election Commissioner Rajiv Kumar will formally appoint Rajkumar Rao as a National Icon of the EC  He, whose portrayal of an official tasked with conducting polls in the Naxal-affected areas of Chhattisgarh in the Hindi film “Newton” won accolades, will be inducted as a National Icon by the Election Commission (EC). The EC appoints prominent Indians as national icons to motivate voters to participate in elections.

 

3. BPRD to conduct 5G Hackathon VIMARSH 2023: A national hackathon named “Vimarsh-2023” has been unveiled with the goal of identifying innovative tools to ensure the secure utilization of 5G technology by law enforcement agencies during sensitive operations. The Bureau of Police Research and Development (BPRD) initiated the hackathon, which is a significant step towards enhancing the capabilities of police forces. The grand finale of VIMARSH 2023 will be organised on the 28th of February 2024.

 

4. Chetan Bhagat appointed Brand Ambassador for Henry Harvin Edu: Henry Harvin Education, an ed-tech platform specializing in upskilling and reskilling programmes for young professionals, has onboarded Chetan Bhagat as its brand ambassador. Backed by this alliance, Henry Harvin Education is poised for a voyage of further innovation and transformative growth, solidifying its position as a trailblazing influence in the global education sector. This partnership represents a shared vision and commitment to empowering the youth of India. Henry Harvin Education claims to have a portfolio of more than 800 upskilling and reskilling training programmes spanning more than 27 categories. It further claims to have trained more than 4,60,000 people and offers more than 7,000 classes per month.

 

INTERNATIONAL UPDATES:

 

1. India to resume visa services in Canada for certain categories: India has announced plans to resume visa services for certain categories amid a diplomatic crisis with Canada.  According to the High Commission in Ottawa, it would restore services for entry, business, medical, and conference visas with effect from October 26.  The development comes amid a brewing diplomatic crisis that recently prompted the expulsion of more than 40 Canadian diplomats from New Delhi.

 

2. Indians no. 1 in getting citizenship of rich nations: Indians, who are at the forefront of migrating to OECD countries, also lead in acquiring foreign citizenship, according to a recent OECD report.  Among them, American citizenship remains dominant. However, Canada has witnessed the highest growth in granting citizenship to foreign nationals. Canada, in particular, recorded the most significant proportional increase, with a staggering 174% jump between 2021 and 2022.

 

3. US house of representative elected its new speaker: Mike Johnson has been elected as the Speaker of the House of Representatives, bringing an end to three weeks of uncertainty in US politics. He replaced Kevin McCarthy. The position of Speaker of the House of Representatives is one of the most powerful political chairs in the country and is third in the line of succession after the US President. The 56th Speaker of the House of Representatives, he is a four-term Congressman from the Fourth Congressional District.

 

4. UK & Tamil Nadu partners on smart tech sustainable resource management: The UK and Tamil Nadu are collaborating on a smart tech project aimed at sustainable water, waste, and resource management. Anne-Marie Trevelyan, the UK’s Minister of State in the Foreign Commonwealth and Development Office (FCDO), inaugurated the smart technology initiative alongside Palanivel Thiaga Rajan, Tamil Nadu’s Information Technology Minister. The project, named ‘Smart District Administration using IoT Technologies for Better Quality of Life,’ was chosen as part of the Frontier Technology Livestreaming (FTL) program. The UK-supported ‘Smart District’ project has a goal of tackling global sustainability challenges by deploying sensors throughout the district. These sensors collect real-time data on water and waste management, as well as environmental quality. By analyzing data patterns, the sensors will promote well-informed decision-making for more efficient resource allocation.

 

5. 24-30 October – UN Disarmament Week: UN Disarmament Week is celebrated every year on October 24 to 30. It is an annual event organized by the United Nations Office for Disarmament Affairs (UNODA). Objective – To raise awareness of the importance of disarmament and to promote the elimination of nuclear weapons and other weapons of mass destruction. In 2018, United Nations Secretary-General António Guterres unveiled a comprehensive vision for disarmament through the initiative “Securing our Common Future: An Agenda for Disarmament.”

 

6. 24-31 October – Global Media and Information Literacy Week: Global Media and Information Literacy Week is observed from October 24 to 31 every year. It is an annual event organized by UNESCO to raise awareness of the importance of media and information literacy (MIL) and to celebrate the progress made towards achieving MIL for all. This year’s Global Media and Information Literacy Week (11th edition) will be hosted by Nigeria. This day was launched in 2012 by UNESCO with the support of the UNESCO-U.N.A.O.C. Media and Information Literacy and Intercultural Dialogue University Network, and the UNESCO Media and Information Literacy Alliance. It is a huge opportunity for stakeholders to reflect on and celebrate progress in achieving media and information literacy for all.’

 

7. 24 October – World Polio Day: World Polio Day is observed every year on October 24. Objective – To create awareness around the importance of polio vaccination to protect children. Theme 2023 – A healthier future for mothers and children. It is also an opportunity to highlight the importance of all mothers, fathers, caregivers, health workers and volunteers who play a key role in getting polio vaccines to children and their communities. On January 13, this year, India completes 12 polio-free years which is considered as a remarkable achievement; the last polio case in India was detected in 2011. In the year 1988, there were around 3.5 lakh polio cases worldwide and the World Health Assembly resolved to eradicate the poliovirus.In 2002, WHO European Region was declared polio-free and from that time on October 24 every year, the World Polio Day is celebrated annually.

 

OTHER UPDATES:

 

SPORTS

 

1. Shailesh Kumar wins Gold in Men’s High Jump at Asian Para Games 2022: Shailesh Kumar has won the gold medal in the Men’s High Jump T63 event at the Asian Para Games 2022. The Asian Para Games 2022 is being held in Hangzhou, China. Shailesh Kumar leaped a distance of 1.82m and in the process broke the Games record.

 

2. Pranav Soorma won gold at the Asian Para Games 2022 in club throw: India swept all three medals in the men’s club throw F51 event with Pranav Soorma winning the gold on the opening day of the athletics competition at the Hangzhou Asian Para Games 2022. The 29-year-old Soorma broke the Asian Para Games record with an effort of 30.01m to clinch the gold while Dharambir (28.76m) and Amit Kumar (26.93m) were second and third respectively. There were only four competitors in the event with Saudi Arabia’s Radhi Ali Alharthi finishing last with a throw of 23.77m. He won a silver medal at the 2019 Beijing World Para Athletics Grand Prix event. The F51 club throw event is for athletes who have movement affected to a high degree in the trunk, legs, and hands. All the competitors compete while seated and rely on their shoulders and arm to generate power. Soorma suffered a spinal cord injury after an accident when he was 16-years-old and that left him paralyzed.

 

BANKING AND FINANCE

 

1. RBI asks private banks to have at least 2 whole-time directors: Reserve Bank of India has asked private banks and wholly owned subsidiaries of foreign banks to ensure at least two Whole Time Directors (WTDs), including the MD and CEO, on their boards to facilitate succession planning.  The number of Whole Time Directors should be decided by the Board of the bank by taking into account factors such as the size of operations, business complexity, and other relevant aspects.

 

2. Kotak Bank partnered with NeSL to issue electronic Bank Guarantee: Kotak Mahindra Bank has announced a new partnership with National E-Governance Services Limited to issue its inaugural electronic Bank Guarantee through its platform.  Aim: To usher in the era of digital trade, effectively eliminating the traditional paper-based issuance of Bank Guarantees.  The digital transformation encompasses the issuance, modifications, closures, digital stamping, resulting in a significant reduction in the guaranteed turnaround time

 

AWARDS AND HONOURS

 

1. Biden honors 2 Indian-American scientists for remarkable discoveries: The two Indian - Americans Ashok Gadgil and Subra Suresh were awarded the National Medal of Technology and Innovation by US President Joe Biden at the White House. President Biden also honored leading American scientists, technologists, and innovators at the award ceremony. The scientists, who were honored at the event, made discoveries enabling lifesaving medical treatments, helping fight the opioid epidemic, improving food security, and much more.

 

OBITUARIES

 

1. First Black Action Hero, Richard Roundtree Passed Away: Richard Roundtree, the trailblazing actor who starred as the ultra-smooth private detective in several Shaft films beginning in the early 1970s, has passed away.  He was born in New Rochelle, New York, was considered as the first Black action hero. He became one of the leading actors in the blaxploitation genre through his New York street smart John Shaft character in the Gordon Parks-directed film in 1971.

Daily GK Update- 25th Oct, 2023

NATIONAL UPDATES:

 

1. Skyroot Aerospace unveils Vikram-1 rocket, scheduled for launch in 2024: Space start-up Skyroot Aerospace unveiled its indigenously built Vikram-1 rocket which is expected to deliver satellites to low earth orbit early 2024.  Science and Technology Minister Jitendra Singh also inaugurated 'The MAX-Q Campus', the new headquarters of the start-up at the GMR Aerospace and Industrial Park at Mamidipally in South Hyderabad. Vikram-1 is a multi-stage launch vehicle with a capacity to place around 300 kg of payloads in Low Earth Orbit.

 

2. Rajasthan Govt Launches ‘iStart Talent Connect Portal’: The Rajasthan government  launched the ‘iStart Talent Connect Portal’ at Jaipur’s Techno Hub to boost employment opportunities in the state, Aim: To serve as a user-friendly platform for both job providers and job seekers.  The platform, launched in collaboration with Jaipur-based startup Hyrefox, not only allows companies to discover potential talent but also lets them post job openings and connect with their future employees

 

3. UP government set up URIDA to implement the CM Grids scheme: The government of Uttar Pradesh has established the Urban Road Infrastructure Development Agency (URIDA).  The government granted approval for the implementation of the CM Green Road Infrastructure Development Scheme (Urban), which boasts a substantial budget of Rs 500 crore.  Aim: To enhance the visual and functional aspects of urban roadways while also shouldering the responsibility of overseeing, financing, and supervising road development within municipalities.

 

INTERNATIONAL UPDATES:

 

1. India to surpass Japan in 2030 to become 2nd largest economy of Asia: India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes. India's gross domestic product (GDP) is expected to grow 6.2-6.3 per cent 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 per cent in the April-June quarter.

 

2. Indian, Malaysian armies participate in Exercise Harimau Shakti-2023: Joint bilateral training exercise “Exercise Harimau Shakti 2023”, between Indian & Malaysian Army commenced in Umroi Cantonment. The Malaysian Army contingent comprises troops from 5th Royal Battalion of Malaysian Army.  The Indian contingent is being represented by a Battalion of THE RAJPUT REGIMENT.  Ex is scheduled till 5th November 2023, aimed at enhancing military capability for conduct of Multi Domain Operations in a sub conventional scenario.

 

3. Sri Lanka announces free visas for Indians to boost tourism: Sri Lanka waived the visa fees for Indians and tourists from six other countries, as part of its efforts to boost tourist arrivals and help rebuild the island nation’s battered economy following 2022 financial crash.    The Cabinet announced implementation of a pilot project to issue free tourist visas to tourists from China, India, Russia, Thailand, Indonesia, Malaysia, and Japan until March 31, 2024.  India has remained Sri Lanka’s top source market for many years.

 

4. Mumbai second most polluted major global city as air quality worsens: Mumbai became the second most polluted city among 109 places tracked by IQAir, a Swiss technology company measuring air quality in real-time.

The top 5 Cities in the world are:

·       Beijing

·       Mumbai

·       Karachi

·       Jerusalem

·       Shenyang

The air quality index (AQI) score is based on the US system where a score of between 0-50 is good, 51-100 is moderate, 101-150 is unhealthy for sensitive groups, 151-200 is unhealthy, 201-300 is very unhealthy and >301 is hazardous.

 

5. India to invest 143 lakh crore in Infrastructure by 2030 : India will spend nearly Rs143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the ₹ 67 lakh crore spent in the past seven financial years starting 2017, according to rating agency Crisil. Of the total, ₹ 36.6 lakh crore will be green investments, marking five times rise compared with the amount spent during fiscals 2017-2023. The agency expects India’s gross domestic product to grow at an average 6.7 percent through fiscal 2031 to be the fastest-expanding large economy.

Per capita income is seen rising from USD 2,500 now to USD 4,500 by fiscal 2031, creating a middle-income country. This growth will be underpinned by massive all-round infrastructure development, with sharp focus on integrating sustainability. Four of these — roads and highways, power transmission, renewable energy and ports — have an overall score of 7-plus (out of 10), which underscores the pace of reforms and developments of the past few years.

 

6. 24 October – World Development Information Day: World Development Information Day is celebrated annually on October 24. Objective – To raise awareness of development problems and the need to strengthen international cooperation to solve them. Theme 2023 – Harnessing the Power of Information and Communication Technologies to Build a Better World. The UN General Assembly in 1972 established the World Development Information Day to direct people’s attention toward developmental problems and the need to strengthen international cooperation to solve them.

 

 

OTHER UPDATES:

 

SPORTS

 

1. Shubman Gill becomes fastest batter to score 2000 runs in ODIs : Shubman Gill has become the fastest batter to score 2000 runs in ODIs. He achieved the feat in India’s World Cup 2023 match against Tom Latham’s New Zealand at the Himachal Pradesh Cricket Association Stadium in Dharamsala. Back on January 21, 2011, Hashim Amla set the record in his 40th innings in the match against India at St George’s Park in Port Elizabeth. Gill raced to the milestone in only his 38th ODI innings. The right-handed Shubman also broke Shikhar Dhawan’s record of being the fastest Indian batter to score 2000 runs. Back on November 9, 2014, Dhawan set the record in his 48th innings in the match against Sri Lanka at the Rajiv Gandhi International Stadium in Hyderabad.

 

BANKING AND FINANCE

 

1. HDFC Bank Unveils XpressWay Digital Platform for Swift Loans: HDFC Bank has introduced XpressWay, a digital platform that offers various banking products and services, providing customers with a swift and convenient banking experience. Aim: To provide a fast, seamless, paperless, and self-service experience for new and existing customers.  About XpressWay It offers a range of services, including Xpress Personal Loan, Xpress Business Loans, Xpress Car Loan, Xpress Loan on cards, Xpress Credit Card, Xpress Savings Accounts.

 

2. RBI Imposes ₹2.5 Crore Penalty On L&T Finance For Non Compliance: RBI has taken regulatory action against Larsen & Toubro Finance Limited by imposing a monetary penalty of ₹2.50 crore

The NBFC did not disclose to its retail borrowers, the gradation of risk and rationale for charging different interest rates to different categories of borrowers in the sanction letter Penalty is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction by the company with its customers.

 

3. RBL Bank introduces GO savings account: RBL Bank has launched GO Savings Account, its latest digital banking product. It is a zero-balance account with simple account opening process and easy-to-operate features, the product caters to customers of all age groups. The GO Savings Account signifies a modern shift in the world of banking, presenting a novel subscription-based model. The launch of GO Savings Account bridges the gap between traditional and digital banking by offering a compelling value proposition for customers. With our user-friendly account opening experience bundled with the new-age subscription-based model and services there on, we aim to bring digital convenience to a larger customer segment.

 

 

OBITUARIES

 

1. Padma Shri Dr Birendra Nath Dutta Passes Away: Well-acclaimed academician, musician and lyricist Dr Birendra Nath Dutta passed away at the age of 90 years. One of the experts of the research and education in the folklore sector of the State, and the entire north-eastern region, he was a source of inspiration as well as knowledge.  He  recognized with the prestigious Padma Shri award in the field of ‘Literature and Education’ in 2009, and the Jagaddhatri Harmohan Das Sahitya Puraskar in 2010.

Daily GK Update- 24th Oct, 2023

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)'.

Daily GK Update- 23rd Oct, 2023

NATIONAL UPDATES:

 

1. UP CM flags off 51 buses to be operated exclusively by women: Uttar Pradesh Chief Minister Yogi Adityanath flags off new buses, commanded by women drivers, on the occasion of ‘Maha Ashtami’ during the Navratri festival, in Ayodhya. These buses will be operated exclusively by women as drivers and conductors. The initiative seeks to connect and empower women drivers and conductors

 

2. EAM S. Jaishankar meets IAEA Director General Rafael Grossi: External Affairs Minister Dr. S. Jaishankar and International Atomic Energy Agency's (IAEA) Director General Rafael Grossi discussed the developmental significance of nuclear energy.  They exchanged views on non-proliferation and international cooperation. The IAEA is the world's centre for cooperation in the nuclear field, promoting the safe, secure, and peaceful use of nuclear technology.

 

3. Odisha to promote maize cultivation: Odisha Government has decided to launch a programme to enhance the acreage under maize cultivation, introducing superior varieties of grain. The cabinet led by Chief Minister Naveen Patnaik made a provision of Rs 481.94 crore for the crop diversification scheme for five years at a meeting. The scheme – Mukhyamantri Maka Mission (MMM) – will be implemented in a “more scientific and progressive way”. The government will also work on increasing the productivity of pulses, oilseeds, and fibre crops (cotton and jute) besides maize. This is expected to give a boost to employment generation in rural areas and augment farmers’ income in the state. The state government also decided to enhance the corpus fund for procurement and prepositioning of fertilizers from Rs 90 crore to Rs 150 crore.

 

4. Sex Ratio at Birth improved from 904 in 2017-19 to 907 in 2018-20: Union Minister for Health and Family Welfare, Dr Mansukh Mandaviya convened the 29th meeting of the Central Supervisory Board (CSB), marking a crucial occasion to reiterate the nation’s commitment to addressing gender discrimination against girls and women. The primary concern discussed at the meeting was the declining Child Sex Ratio (CSR) and Sex Ratio at Birth (SRB) in the country, indicative of the ongoing battle against sex-based discrimination leading to sex selection/ determination followed by pre-birth elimination. Citing the latest Sample Registration Survey (SRS) report of 2020, the Minister announced significant progress in the SRB. The data revealed a commendable three-point improvement from 904 in 2017-19 to 907 in 2018-20.

 

5. PM Modi launches Bengaluru Metro’s Purple Line operations: Prime Minister Narendra Modi has virtually inaugurated the Baiyappanahalli-KR Pura and Kengeri-Challaghatta sections of Bengaluru metro’s purple line. The full operation of the metro’s purple line has boosted the connectivity to the IT hub. In Bengaluru, nearly 8 lakh people travel by metro. Bangalore has been growing at a faster pace and the Karnataka government has approved the construction of 317 km of metro lines under the comprehensive mobility plan by 2031, of which 257 km are under the operation, construction and planning stage. The feasibility survey of the remaining 60 km of metro lines will be taken up shortly. The Bangalore Metro Rail Corporation Limited’s network has now been expanded from 69.6 km to 73.8 km, connecting 66 stations.

 

6. Ipsita Dasgupta appoints as SVP & MD for HP India: Personal computers maker HP (Hewlett-Packard) has appointed former Apple executive Ipsita Dasgupta as Managing Director and Senior Vice President for India, Bangladesh, and Sri Lankan markets, effective 30 October. She will report to David McQuarrie, HP chief commercial officer. Gurpreet Singh Brar, who was officiating as interim India MD since November last year, will move to a new role of the vice-president, innovation and growth for HP’s India market. Dasgupta was senior director of marketing for Apple Services based at Apple headquarters leading global synergy marketing, external partnership marketing, consumer insights, and market and competitive intelligence for Apple’s subscription services.

 

7. ISRO to test the country’s first human spaceflight mission Gaganyaan: Indian Space Research Organization (ISRO) has successfully tested the crew escape system of the country’s first human spaceflight mission Gaganyaan. The liquid-propelled single-stage Test Vehicle (TV-D1) lifted off from the Satish Dhawan Space Centre, Sriharikota carrying a homegrown system that would be crucial for the safety of the Indian astronauts – the Crew Escape System. The test validated the motors that will be used during this mission. This included low-altitude motors, high-altitude motors, and jettisoning motors, that will be put to use to safely eject astronauts away from the vehicle, in case of an emergency. The launch was initially halted due to an anomaly, which was corrected, and the spacecraft lifted off at 10 AM. After nine minutes, the mission crew module successfully splashed in the Bay of Bengal, ten kilometers away from Sriharikota. The Indian Navy was stationed at the destined place for the recovery of the module. The module was retrieved by Naval divers and was taken to a Naval ship.

 

INTERNATIONAL UPDATES:

 

1. Piyush Goyal to attend 7th ‘Future Investment Initiative’ in Riyadh: Union Minister Sh. Piyush Goyal is attending the 7th Edition of Future Investment Initiative (FII) in Riyadh, Saudi Arabia from 24th to 25th October 2023. Mr. Goyal will co-chair a conclave session on the theme “From Risk to Opportunity: Strategies for Emerging Economies in the New Industrial Policy Era” along with the KSA Investment Minister.  He will interact with the Indian community that forms an influential part of the Saudi economy.

 

2. Japan becomes first nation to launch an Electromagnetic Railgun: The Japanese Ministry of Defense has successfully executed the world’s first electromagnetic railgun fire test from a ship.

It is conducted in coordination with the Japan Maritime Self-Defense Force (JMSDF) and represents a significant step forward in Japan’s pursuit of sophisticated defense capabilities. ATLA has accomplished ship-board firing test of railgun first time in the world with the cooperation of the JMSDF. Objective – To protect vessels against air threats and surface threats by high-speed bullets, ATLA strongly promotes early deployment of railgun technology.

 

3. 22 October – International Stuttering Awareness Day: International Stuttering Awareness Day is observed every year on October 22nd. Objective – To raise awareness about this speech disorder that affects millions of people worldwide Theme – One Size Does NOT Fit All In 1998, the ISA officially launched International Stuttering Awareness Day, setting the date as October 22 to coincide with the birthday of the famous English author and playwright, Sir George Bernard Shaw, who was also known to have stuttered. Shaw’s experiences with stuttering were an inspiration for many people who stutter and those advocating for greater awareness and acceptance of the condition.

 

OTHER UPDATES:

 

SPORTS

 

1. Shubman Gill becomes fastest batter to score 2000 runs in ODIs: India's opener Shubman Gill(24-year)  set a new record by becoming the fastest batter to reach 2,000 runs in ODI cricket.  Gill accomplished this feat in just 38 innings, which is two innings fewer than South Africa's Hashim Amla, who took 40 innings to achieve the same milestone.  Gill has six centuries and 10 half-centuries in 37 ODI matches for India so far.

 

2. Unnati Hooda captures women's singles title at Abu Dhabi Masters 2023: In a battle of future Badminton stars from India,Unnati Hooda (16-year-old) beat Samiya Imad Farooqui to capture the women's singles title at the Abu Dhabi Masters 2023. Unnati Hooda defeated the 20-year-old Samiya Imad Farooqui 21-16, 22-20.  This is her second BWF Super 100 World Tour title.  She became the youngest Indian to clinch a BWF title last year at 14 years of age.

 

3. Sberbank becomes first Russian bank to register with SEBI as FPI: 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 the National Stock Depository (NSDL). Sberbank of Russia, a state-owned bank that already has a presence in India, registered with the Indian markets regulator for a Category FPI licence. FPIs with category I licence have to follow less lenient beneficial ownership disclosures can subscribe to overseas derivative instruments which have Indian stocks as underlying, and also enjoy certain taxation benefits. Category I FPI registration is only granted to government or government-related foreign investors or regulated entities such as banks, sovereign wealth funds, investment trusts, pension funds, and asset management companies.

 

4. Mohammed Shami becomes 1st Indian bowler to claim multiple 5-wicket hauls in ODI World Cups: Fast-bowler Mohammed Shami became the first Indian bowler to claim multiple five-wicket hauls in ODI World Cups. Shami claimed five wickets against New Zealand to bowl them out for 273 runs in the first innings at the HPCA Stadium in Dharamshala. Shami picked the wickets of Will Young, Rachin Ravindra, Daryll Mitchell, Mitchell Santner and Matt Henry in India’s ICC Men’s Cricket World Cup 2023 clash against New Zealand. Shami ended up picking five wickets while giving away 54 runs in 10 overs. The list of Indian bowlers who have previously achieved this feat includes Shami himself (2019), Ashish Nehra (2003), Venkatesh Prasad (1999), Robin Singh (1999), Yuvraj Singh (2011), and Kapil Dev (1983).

 

BANKING AND FINANCE

 

1. RBL Bank Introduces GO Savings Account: RBL Bank introduces the GO Savings Account, a revolutionary subscription-based digital banking model offering high interest rates up to 7.5% per annum. This zero-balance account is designed to cater to customers of all age groups, simplifying the account opening process and ensuring user-friendly features. Moreover, this account provides extensive cyber insurance coverage, along with accident and travel insurance of up to Rs 1 crore. 

 

AWARDS AND HONOURS

 

1. CJI Chandrachud receives Harvard Law School's 'Award for Global Leadership': Chief Justice of India DY Chandrachud received the 'Award for Global Leadership,' the most esteemed professional recognition from Harvard Law School. The Harvard Law School is also celebrating the 100th anniversary of its Graduate Law Program. The Chief Justice fondly remembered his time at Harvard as an LLM student in 1982-83 and then as an SJD candidate in 1983-1986.

 

2. REC Limited honoured with the Golden Peacock Award : REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has been recognized for its exceptional performance in risk management with the esteemed Golden Peacock Award. The Golden Peacock Award in Risk Management highlights REC’s continued commitment to implementing effective risk assessment strategies. The Golden Peacock Awards, established by the Institute of Directors (IOD), India in 1991, has emerged as an internationally acclaimed standard for corporate excellence. REC Limited was selected by the jury panel headed by former Chief Justice of India, Justice M. N. Venkatachaliah. Director (Projects), REC, Shri V. K. Singh and Executive Director (Finance), REC, Shri Daljeet Singh Khatri received the award on behalf of REC at a glittering ceremony held in London.

 

3. Jina Mahsa Amini wins EU’s Sakharov Prize 2023: The European Union parliament awarded its annual Sakharov Prize for Freedom of Thought to Iranian woman Mahsa Amini who died in police custody last year and the “Woman, Life, Freedom” movement in Iran. On 16 September we marked one year since the murder of Jina Mahsa Amini in Iran. The European Parliament proudly stands with the brave and defiant who continue to fight for equality, dignity, and freedom in Iran. Amini, 22, born in Iran’s western province of Kurdistan, died in morality police custody in September last year after being arrested for allegedly flouting the Islamic Republic’s mandatory dress code.

 

OBITUARIES

 

1. Football Legend Bobby Charlton Passes Away At 86: Bobby Charlton, an England World Cup winner and one of Manchester United's greatest players passed away at the age of 86. Charlton was a key figure in England's 1966 World Cup-winning team and played 758 games for United, scoring 249 goals. Former India captain Bishan Singh Bedi passes away: Former India captain Bishan Singh Bedi (76-years)  passed away after prolonged illness. The legendary spinner played 67 Tests for India between 1967 and 1979 and picked 266 wickets.  He also took seven wickets in 10 One-Day Internationals.