National News

Petroleum Minister Inaugurates 26th Energy Technology Meet at Bharat Mandapam

• In New Delhi, amidst notable dignitaries, Shri Hardeep Singh Puri, the Hon’ble Minister of Petroleum & Natural Gas and Housing and Urban Affairs, inaugurated the 26th Energy Technology Meet at Bharat Mandapam.
• Minister Puri emphasized India's escalating energy demand and highlighted India's standing as the world’s third-largest consumer of oil, third-largest LPG consumer, fourth-largest LNG importer, fourth-largest refiner, and fourth-largest automobile market globally.
• He also announced India exceeding its biofuel blending targets and advanced the target of 20 percent biofuel blending from 2030 to 2025.

International News

Sheikh Hasina Unveils Largest Project Built With Chinese Aid

• Bangladesh Prime Minister Sheikh Hasina celebrated a milestone in the country’s infrastructure by inaugurating the 82-km Padma Bridge Rail Link at Mawa Railway Station in Munshiganj.
• The Padma Bridge Rail Link, financed through substantial Chinese preferential loans, is set to benefit 80 million people and potentially boost Bangladesh economic growth by 1.5%.
• The project, estimated at Tk 39,246.80 crore, promises significant economic growth by enhancing connectivity and facilitating smoother transportation across regions.

Dept Of Animal Husbandry And Dairying Launched ‘A-HELP’ Programme in Jharkhand

• The Department of Animal Husbandry and Dairying, Government of India, introduced the ‘A-HELP‘ (Accredited Agent for Health and Extension of Livestock Production) program in Jharkhand.
• This groundbreaking initiative aims to empower women by engaging them as Accredited Agents contributing to disease control, animal tagging, and livestock insurance through a partnership between DAHD and the National Rural Livelihoods Mission.

3000 Crore Approved by Assam for Economic Corridor Project

• The Assam cabinet has unveiled an ambitious plan to establish a 1000-km long economic corridor with a significant investment of Rs 3000 crore.
• This marks a substantial step forward in regional development, demonstrating the government’s commitment to this significant infrastructure endeavor.
• In addition, the cabinet has approved projects totaling Rs 950 crore to enhance rural infrastructure, funding these projects through a loan from NABARD to upgrade 90 rural roads and four rural bridges managed by the Public Works Department.

Uttarakhand CM Launches App & Portal To Boost Self-Employment

• The state government of Uttarakhand took a significant step towards empowering its youth by launching the ‘Yuva Uttarakhand mobile application and the ‘Prayag portal.’
• These initiatives aim to provide valuable information about self-employment opportunities and job information, acting as comprehensive resources for job-seeking youth in the state.
• Chief Minister Dhami also announced the establishment of self-employment centers in all districts of Uttarakhand, inaugurating two such centers in the first phase, located in Dehradun and Udham Singh Nagar.

Banking News

RBI Directs Bank Of Baroda To Halt New Customer Onboarding On Its Mobile App

• The Reserve Bank of India (RBI) has taken a significant step to address supervisory concerns by ordering Bank of Baroda (BoB) to immediately halt the onboarding of new customers onto their mobile app, ‘bob World‘.
• This directive underscores the presence of material supervisory concerns that have prompted RBI to intervene and ensure the rectification of these deficiencies while ensuring the seamless continuation of services for its current user base.

Important Days News

International Day Of The Girl Child 2023

• The International Day of the Girl, observed every year on October 11, is a global initiative dedicated to raising awareness about gender inequality and advocating for the rights and empowerment of girls.
• The theme for the International Day of the Girl in 2023 is “Invest in Girls’ Rights: Our Leadership, Our Well-being.”
• This theme emphasizes the need to invest in girls, recognizing that their leadership and well-being are crucial for a fairer and more equal future.

Schemes News

Govt Introduces Shreshta Scheme For Quality Education Of Scheduled Caste Students

• In a remarkable move towards enhancing education and bolstering the socio-economic advancement of Scheduled Caste (SC) students, the Ministry of Social Justice & Empowerment has unveiled the ‘Scheme for Residential Education for Students in High Schools in Targeted Areas’ (SHRESHTA).
• SHRESHTA, designed to provide high-quality education to SC students, aims to create an environment conducive to their holistic development and secure their future prospects through top CBSE/State Board-affiliated private residential schools and existing NGO/VO-operated schools and hostels.

Ranks and Reports News

Mukesh Ambani Surpasses Gautam Adani As India’s Richest On Hurun List

• According to the 360 ONE Wealth Hurun India Rich List for 2023, Reliance Industries chairman Mukesh Ambani has surged ahead of Adani Group’s Gautam Adani to claim the title of the richest Indian.
• Cyrus Poonawalla, the Managing Director and Chairman of Serum Institute of India (SII), retained his position as the third wealthiest individual in India.
• Shiv Nadar, the founder and chairman of HCL Technologies, maintained his position as the fourth richest Indian.

Agreements News

Bridgestone Partners With Tata Power To Install EV Chargers For Four Wheelers

• Tyre manufacturer Bridgestone India has announced a significant collaboration with Tata Power to promote electric mobility in the country.
• Tata Power will deploy 25/30 KWh capacity DC fast chargers, which are capable of charging a four-wheeler within one hour, ensuring round-the-clock availability for EV owners and offering remote vehicle charging monitoring and e-payment services through the EZ Charge mobile application.

Appointments News

Navneet Munot Elected Chairman Of The Association Of Mutual Funds In India (AMFI)

• The Association of Mutual Funds in India (AMFI) has recently elected Navneet Munot, the Managing Director and CEO of HDFC Asset Management, as the Chairman during a Board meeting.
• The Board of AMFI has also elected Anthony Heredia, MD and CEO of Mahindra Manulife Mutual Fund, as the Vice-Chairman.

Sports News

National Games 2023 To Be Held In Goa From Oct. 26 To Nov. 9

• The 37th edition of the National Games, scheduled for 2023, is set to take place in the picturesque state of Goa.
• The National Games 2023 will feature an impressive 43 sports, including both Olympic and indigenous disciplines, with over 10,000 athletes expected to participate, promising to be a grand spectacle of Indian sports talent.
• Several sports will make their National Games debut, such as Kho Kho, yogasana, and mallakhamb.

IOC And Reliance Foundation Join Forces To Promote Olympic Values In India

• The International Olympic Committee (IOC) and Reliance Foundation partnered to promote Olympic values in India through the Olympic Values Education Programme (OVEP).
• The collaboration aims to instill positive behavioral changes in young people through grade-specific activities, athlete-student sessions, and interactive games and workshops at sporting and educational events.

Science Technology News

ISRO To Conduct First Test Flight Of Gaganyaan Mission On October 21

• The Indian Space Research Organisation (ISRO) is set to conduct the first test flight of the Gaganyaan mission on October 21.
• This historic mission will evaluate the crew module, the component housing Indian astronauts during their space journey.
• The mission will launch the crew module into outer space and ensure its successful return to Earth, with the Indian Navy participating in mock operations for a safe recovery process.