23rd-24th October, 2023

1. Indian Textile Industry’s Export Promotion Councils (EPCs) will organize world’s largest textiles event ‘Bharat Tex 2024’ from February 26 to February 29, 2024 in New Delhi.
2. Rajasthan Government has launched ‘iStart Talent Connect Portal’ to boost employment opportunities.
3. Uttar Pradesh Government has set up the Urban Road Infrastructure Development Agency (URIDA) for infrastructure development in state.
4. Uttarakhand Chief Minister has launched Nandagaura Yojana portal for girls and portal for monitoring Mahalaxmi Kit Yojana
5. RBI has announced the result of 2nd edition of its Global Hackathon ‘HARBINGER 2023- Innovation for Transformation’.
6. Asian Development Bank has granted approval for USD 175 million loan to enhance road connectivity and climate resilience in Madhya Pradesh.
7. RBI has allowed retail investors to subscribe Floating Rate Saving Bonds (FRSB), 2020 (Taxable) through Retail Direct Portal.
8. Securities and Exchange Board of India has empanelled 12 entities to provide assistance to its search team for onsite data acquisition during search and seizure operations.
9. Oil and Natural Gas Corporation (ONGC) has won a bid to acquire PTC India Ltd wind power unit for ₹925 crore.
10. India will surpass Japan to become 2nd largest economy in Asia by 2030 as per S&P Global Market Intelligence in its latest issue of PMI.
11. National Payment Corporation of India (NPCI) Bharat BillPay has launched a new business-to-business payments service in partnership with Axis Bank.
12. Indian Army and Malaysian Army have conducted joint bilateral ‘Exercise Harimau Shakti 2023’ in Umroi cantonment, India.
13. Japan has become the 1st country to fire Electromagnetic Railgun from an offshore vessel.
14. Chief Justice of India (CJI) DY Chandrachud has received the ‘Award for Global Leadership‘, the highest professional distinction handed out by Harvard Law School.
15. October 22-28– International Lead Poisoning Prevention Week; Theme– End Childhood Lead Poisoning
16. October 23– World Snow Leopard Day
17. October 24– UN Day; Theme– The Frontlines of Climate Action
18. October 24- World Polio Day
19. October 24– UN’s World Development Information Day
20. October 24-31– Global Media and Information Literacy Week; Theme– Media and Information Literacy in Digital Spaces: A Collective Global Agenda
21. October 24-31– UN Disarmament Week
22. India’s Unnati Hooda has won women’s singles title in Abu Dhabi Masters 2023.
23. Uzbekistan grandmaster Nodirbek Yakubboev has won Qatar Masters chess championship in Doha.
24. Red Bull’s Max Verstappen has won 50th Formula 1 (F1) United States Grand Prix 2023 held at the Circuit of the Americas in Austin, Texas, USA.
25. Personal Computer maker Hewlett-Packard (HP) Company has appointed Ipsita Dasgupta as Senior Vice President (SVP) and Managing Director (MD) for HP India.
26. Ashok Vaswani has been appointed as the new MD & CEO of Kotak Mahindra Bank Limited.
27. Eminent Assamese scholar and Padma Shri awardee Birendra Nath Dutta has passed away.
28. Former Indian cricketer and Padma Shri awardee Bishan Singh Bedi has passed away.
29. Union Minister Hardeep Singh Puri has launched a new book ‘The Reverse Swing: Colonialism to Cooperation’ authored by Ashok Tandon.

National News

1. Indian Textile Industry’s Export Promotion Councils (EPCs) will organize world’s largest textiles event ‘Bharat Tex 2024’ from February 26 to February 29, 2024 in New Delhi.
   • Objective-
     • To position India as a global sourcing destination in textile industry.
     
     
     
     
   • Key features-
     • It will feature over 1000 exhibitors and more than 30000 visitors from 40 countries.
     • It will showcase India’s cultural heritage, traditional practices and innovations in technology.
     • It represents India’s 5F vision which includes- Farm to Fibre to Factory to Fashion to Foreign

   • Venue- Bharat Mandapam & Yashobhoomi in New Delhi
     Source: ET

   
   

State News

1. Rajasthan Government has launched ‘iStart Talent Connect Portal’ to boost employment opportunities.
   • The portal has been launched under the state government’s flagship initiative, iStart Rajasthan, in collaboration with Jaipur-based startup Hyrefox.
   • Objective-
     • to serve as a user-friendly platform for both job providers and job seekers
       Source: inc42
2. Uttar Pradesh Government has set up the Urban Road Infrastructure Development Agency (URIDA) for infrastructure development in state.
   • Functions of URIDA-
     • To develop and mainstream roads in cities
     • To develop an urban road management system
     • To improve the financial condition of urban local bodies and
     • To adopt new technologies in road infrastructure
       Source: ANI
3. Uttarakhand Chief Minister has launched Nandagaura Yojana portal for girls and portal for monitoring Mahalaxmi Kit Yojana
   • About Nandagaura Yojana Portal–
   • It will be available to about 50,000 girls every year
   • Girls will get-
     • ₹11,000 on birth
     • ₹51,000 on passing class 12th
   • About Mahalaxmi Kit Scheme-
     • Under this scheme necessary clothes and kit material will be given to lactating mothers and newborn girl children.
       Source: ET

Banking and Economy

1. RBI has announced the result of 2nd edition of its Global Hackathon ‘HARBINGER 2023- Innovation for Transformation’.
   • Winners’s list–

2. Asian Development Bank has granted approval for USD 175 million loan to enhance road connectivity and climate resilience in Madhya Pradesh.
   • Objectives-
     • To increase the connectivity between rural areas and growth centres
     • To support industrial corridors and
     • To ensure creation of safe, climate resilient roads
     • To utilize green technology in road construction
     • To establish charging infrastructure for electric vehicles

3. RBI has allowed retail investors to subscribe Floating Rate Saving Bonds (FRSB), 2020 (Taxable) through Retail Direct Portal.
   • More info-
     • The subscription of bonds will be in the form of cash (up to ₹20,000 only), drafts, cheques or any electronic mode.
     • Earlier, retail investors were allowed to invest in central government securities, treasury bills, state government securities, and sovereign gold bonds through the Retail Direct Portal.

4. Securities and Exchange Board of India has empanelled 12 entities to provide assistance to its search team for onsite data acquisition during search and seizure operations.
   • This empanelment will be valid for a period of 2 years.
   • The agencies will provide digital forensic services to SEBI.
   • List of empanelled agencies–
     • Ernst & Young LLP, KPMG Assurance, Baker Tilly Business Advisory, Cybermate Forencisc, Cyint Technologies, ECS Infotech, Innefu Labs, Mahen Technologies, Nangia & Co LLP, Netrika Consulting India, Pelorus Technologies and Systools Software.
       Source: ET

   
   
5. Oil and Natural Gas Corporation (ONGC) has won a bid to acquire PTC India Ltd wind power unit for ₹925 crore.

6. India will surpass Japan to become 2nd largest economy in Asia by 2030 as per S&P Global Market Intelligence in its latest issue of PMI.

Key observations–

• Expected Gross Domestic Product (GDP): 6.2%-6.3% in FY 2024
• Nominal GDP– expected to rise from USD 3.5 trillion in 2022 to USD 7.3 trillion by 2030
• Digital transformation– Internet users projected to double from 500 million in 2020 to 1.1 billion by 2030

7. National Payment Corporation of India (NPCI) Bharat BillPay has launched a new business-to-business payments service in partnership with Axis Bank.
   • About service-
     • It will provide value-added services like flexible invoice presentation, complaint management, MIS, etc to businesses.
     • Under B2B category Bharat BillPay will onboard sellers as ‘billers’ and enable their buyers to pay for purchased goods and services across Bharat BillPay enabled channels.
     • The category is live for the first time on MyJio app for the Biller Arzoo with Axis Bank as the Biller Operating Unit (BOU)

Source: ET

Defence News

1. Indian Army and Malaysian Army have conducted joint bilateral ‘Exercise Harimau Shakti 2023’ in Umroi cantonment, India.
   • Objectives-
     • To increase military capability for conduct of Multi Domain Operations in a sub conventional scenario.
     • To improve the level of defence co-operation between Indian Army and the Malaysian Army
     • Participation- Rajput Regiment of Indian Army and 5th Royal Battalion of Malaysian Army
     • Last edition of the Exercise was conducted in Pulai, Kluang, Malaysia in November 2022.
       Source: PIB

2. Japan has become the 1st country to fire Electromagnetic Railgun from an offshore vessel.
   • Japanese Maritime Self-Defence Force (JMSDF) collaborated with the Acquisition Technology & Logistics Agency (ATLA) for this.

   
   

Source: eurasiantimes

Awards

1. Chief Justice of India (CJI) DY Chandrachud has received the ‘Award for Global Leadership‘, the highest professional distinction handed out by Harvard Law School.
   • He was announced as the recipient of the award on January 11, this year, in an online ceremony.
     Source: Business Standard

Important Days

1. October 22-28– International Lead Poisoning Prevention Week; Theme– End Childhood Lead Poisoning
   Source: WHO
2. October 23– World Snow Leopard Day
   Source: wwf
3. October 24– UN Day; Theme– The Frontlines of Climate Action
   Source: UN
4. October 24- World Polio Day
   Source: livemint
5. October 24– UN’s World Development Information Day
   Source: iisd
6. October 24-31– Global Media and Information Literacy Week; Theme– Media and Information Literacy in Digital Spaces: A Collective Global Agenda
   Source: UNESCO
7. October 24-31– UN Disarmament Week
   Source: UN

Sports

1. India’s Unnati Hooda has won women’s singles title in Abu Dhabi Masters 2023.
   • She has defeated Samiya Imad Farooqui from India to win the women’s singles title at the Abu Dhabi Masters 2023.

2. Uzbekistan grandmaster Nodirbek Yakubboev has won Qatar Masters chess championship in Doha.
   • He defeated GM Nodirbek Abdussatorov of Uzbekistan.
   • India’s SL Narayanan has secured 3rd place in Qatar Masters Open.

3. Red Bull’s Max Verstappen has won 50th> Formula 1 (F1) United States Grand Prix 2023 held at the Circuit of the Americas in Austin, Texas, USA.
   • Rankings-

Source: Telegraph

Appointments

1. Personal Computer maker Hewlett-Packard (HP) Company has appointed Ipsita Dasgupta as Senior Vice President (SVP) and Managing Director (MD) for HP India.
   Source: livemint
2. Ashok Vaswani has been appointed as the new MD & CEO of Kotak Mahindra Bank Limited.
   • He has been appointed for a term of 3 years.

Source: IIFL

Miscellaneous

1. Eminent Assamese scholar and Padma Shri awardee Birendra Nath Dutta has passed away.
   • Awards won-

2. Former Indian cricketer and Padma Shri awardee Bishan Singh Bedi has passed away.
   • Awards won-

3. Union Minister Hardeep Singh Puri has launched a new book ‘The Reverse Swing: Colonialism to Cooperation’ authored by Ashok Tandon.
   Source: UNI

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