Professional Documents
Culture Documents
EDITORIAL
EDITORIAL
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World Nature Day is observed on October 3 World Sight Day 2023 will occur on October
World Animal Welfare Day is celebrated on 12.
4th October . World Egg Day is observed on the second
World Cotton Day is observed on 7th Day 2023 is observed on the 15th October
October. 2023.
Indian Air Force Day is celebrated on the International Day of Rural Women 2023 is
8th October. observed on the 15th of October 2023.
World Post Day is celebrated on 9th World Food Day 2023 is observed on the
World Mental Health Day 2023 is observed International Day for the Eradication of
on 10th October. Poverty 2023 is observed on the 17th
October 2023
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World Osteoporosis Day 2023 is observed The Reserve Bank of India (RBI) has
on the 20th October . imposed penalties on Union Bank of India
Police Commemoration Day 2023 is (UBI) Rs 1 Crore, RBL Bank (Rs 64 lakhs)
United Nations Day 2023 is observed on The Securities and Exchange Board of
the 24th October . India (SEBI) has extended the deadline for
World Polio Day 2023 is observed on the mandatory confirmation or denial of market
ITBP Raising Day 2023 is observed on the ICICI Bank has introduced 'iFinance,' a
World Day for Audiovisual Heritage 2023 is of their savings and current accounts in one
observed on the 27th of October 2023. place.
World Stroke Day 2023 is observed on the Indian Post Payments Bank (IPPB), a
29th of October 2023 & the theme is division of the Indian Post, under the
"Together we are Greater Than Stroke." ownership of the Department of Post and
World Savings Day 2023 is observed on the Small Industries Development Bank of India
31st of October 2023. (30th October in (SIDBI), the principal financial institution for
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achieved a remarkable 38% growth during Chennai-based Ind Bank Housing Limited.
the first half of the current financial year, According to data available on the website
which concluded in September 2023. of the National Stock Depository (NSDL),
The Securities and Exchange Board of Sberbank of Moscow (Russia) has become
India (SEBI) tweaked guidelines pertaining the first Russian bank to register with the
to anti-money laundering standards, Indian markets regulator Securities and
The Securities and Exchange Board of (SIDBI), the principal institution of financial
India (SEBI) has extended the deadline for lending for Micro Small and Medium
adding nominees to demat accounts and for Enterprises (MSMEs), and Global Alliance
submitting PAN and KYC details for for Mass Entrepreneurship (GAME), a mass
physical security holders until December entrepreneurship enablement platform,
approved a USD 181 million loan to bolster financial companies (NBFCs) to their NBFC
regions of Ahmedabad city in Gujarat. for breaching rules related to the code of
Groww, a financial services platform, has conduct for the bank's directors and for
applied for a 'corporate agent' license with failing to report fraud incidents.
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Indian Oil Corporation (IOC), India's leading Chhattisgarh, including the NMDC Steel
oil firm, has unveiled the nation's first green Limited’s Steel Plant at Nagarnar in Bastar
target to become the world’s number one worth around ₹8000 crore, in important
automobile manufacturing hub in the next 3 sectors like power, rail, and Health.
pledge to donate their organs, under the In Hyderabad, the country’s first solar roof
AyushmanBhav campaign. cycling track was inaugurated by state
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recent past have been displayed as part of Government of India, and the Government
an exhibition at the National Gallery of of Karnataka.
Modern Arts. The Chief Minister of Tripura Shri Manik
celebration of 69th Wildlife Week with the Agartala, aimed at advancing digital
theme "Partnerships for wildlife infrastructure development and the
UN World Wildlife Day 2023 and activities The Union Cabinet chaired by Prime
young people, the Khadi and Village (ToR) to the existing Krishna Water
Industries Commission (KVIC) inaugurated Disputes Tribunal-II (KWDT-II) under
a newly-renovated Khadi India outlet at the section 5(1) of the ISRWD Act for its
The Prime Minister of India Shri Narendra The Union Cabinet chaired by Prime
Modi unveiled a 72-feet statue of Pandit Minister Shri Narendra Modi gave its
Deendayal Upadhyaya in New Delhi on the approval for introduction in Parliament, a
occasion of his 107th birth anniversary. Bill, namely, the Central Universities
India has won the bid to host the (Amendment), Bill, 2023 further to amend
prestigious International Congress on the the Central Universities Act, 2009 for
Chemistry of Cement (ICCC) at New Delhi setting up of Sammakka Sarakka Central
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Narendra Modi, has given its approval to a Raksha Mantri Rajnath Singh launched the
proposal of the Department of Water Navy's updated indigenous programme
Resources, River Development and Ganga Swavalamban 2.0.
Knit Fair Association complex (IKFA) in The Ministry of Tourism organised the
Prime Minister Narendra Modi will visit Mart 2023 in New Delhi.
Jodhpur, Rajasthan where he will lay the The Government notified the constitution of
foundation stone and dedicate multiple the National Turmeric Board which will
development projects worth about five focus on the development and growth of
thousand crore rupees in sectors like road, turmeric and turmeric products in the
Union Minister for Tribal Affairs, Shri Arjun The Ninth G20 Parliamentary Speakers’
Munda inaugurated the 4th EMRS National Summit (P20) will be held in New Delhi
Cultural & Literary Fest and Kala Utsav- from 13th to the 14th of October.
2023, in the presence of Chief Minister, The Indian Institute of Corporate Affairs
Uttarakhand, Shri Pushkar Singh Dhami, at (IICA) organised the Orientation & Learning
Dehradun. Summit for Independent Directors of
Prime Minister Narendra Modi laid the CPSEs on the 5th and 6th of October in
foundation stone and dedicated to the New Delhi — under the aegis of the
nation multiple development projects worth Department of Public Enterprises (DPE)
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REC Limited, the Maharatna Central Public along the coast of Tamil Nadu for
Sector Enterprise under the Ministry of developing offshore wind projects.
Power, has launched a mobile application, State-run Indian Oil Corporation (IOC) has
exclusively for current and future investors approved the proposal to form joint venture
in REC’s 54EC Capital Gain Tax Exemption companies with EverEnviro Resource
Bonds. Management and GPS Renewables to set
Union Minister for Road Transport and up compressed biogas (CBG) plants in
Highways Shri Nitin Gadkari, strengthening India.
the infrastructure for smooth transportation Billionaire Anil Agarwal’s Vedanta Group
in the country is the priority of the unveiled a complete overhaul of its Indian
Deputy Prime Minister of Malaysia, Datuk Vedanta Ltd, involving the demerger of its
Seri Fadillah Yusof inaugurated the Indian businesses into six independent
Renewable Energy Development Agency companies, with a plan to list five of them
Ayurvedic Hospital at Sriram Chapori in Minister, Shri Narendra Modi, has given its
Majuli. approval to a Memorandum of
The output of India's eight core sectors Understanding signed between the Ministry
grew by 12.1 per cent on an annual basis in of Electronics and Information Technology
August. of the Republic of India and the Ministry of
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Mines and Minerals (Development and The Union Minister for Road Transport and
Regulation) Act, 1957 (‘MMDR Act’) for Highways, Shri Nitin Gadkari, announced
specifying the rate of royalty in respect of 3 the approval of seven bridge projects in
critical and strategic minerals, namely, Arunachal Pradesh under the Setu
Lithium, Niobium and Rare Earth Elements. Bandhan Scheme for the fiscal year 2023-
The Union Cabinet chaired by Prime 24.
Minister Sheri Narendra Modi has approved The Government of India’s Department of
the signing of the Memorandum of Animal Husbandry and Dairying launched
of the Republic of India and the Ministry of aimed at computerising and empowering
Economy, Finance and Industrial and the registrars of all 28 states and 8 union
Digital Sovereignty of the French Republic territories as well as 1,851 Agriculture and
on cooperation in the field of Digital Rural Development Banks (ARDBs)
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Prime Minister Shri Narendra Modi will Maritime India Summit (GMIS) 2023 via
inaugurate the 141st International Olympic video conferencing.
Committee (IOC) Session at the Jio World Union Home Minister and Minister of
The 2nd Edition of the National Cyber the Samau Shaheed Memorial and Library
Security Exercise ‘Bharat NCX 2023’ in Gandhinagar, Gujarat.
started from 09 to 20 October 2023. The government notified rules for the GCP,
Union Minister of Health and Family which aims to incentivise environmentally
Pradhan Mantri- Ayushman Bharat Health The Union Minister for Science and
Infrastructure Mission (PM-ABHIM), Technology launched the Global Health
National Health Mission (NHM) and XV Innovation Fellowship to promote medtech
Finance Commission Health Grants in the startups and innovators among youth.
presence of Shri. Keshab Mahanta, State The Union Ministry of Development of
Assam and delivered a keynote address on “MDoNER Data Analytics Dashboard” and
the Transformation of Healthcare in Amrit “Poorvottar Sampark Setu” portal at Vigyan
Kaal while chairing the Amrit Kaal Vimarsh Bhawan, New Delhi.
export duty on parboiled rice until March 31, The Union Minister for Road Transport and
2024, as it was to expire on October 15. Highways Nitin Gadkari informed that need-
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India assumed the Vice-Chair role of the existing rate of 42% of the Basic
Indian Ocean Rim Association (IORA) for Pay/Pension, to compensate against price
2023-25 at the IORA Council of Ministers rise.
Minister Shri Narendra Modi has approved The Cabinet Committee on Economic
gazetted Railway employees namely Track (MSP) for all mandated Rabi Crops for
maintainers, Loco Pilots, Train Managers Marketing Season 2024-25.
(Guards), Station Masters, Supervisors, Prime Minister Shri Narendra Modi will
The Union Cabinet, chaired by the Prime roadmap (in its report The Triple Agenda: A
Minister, Shri Narendra Modi has approved Roadmap for Better, Bolder and Bigger
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Rules’) is for labelling of products which will The Prime Minister, Shri Narendra Modi
have lesser adverse impacts on the hailed the Dhordo village in Kutch district of
environment, with the objective to Gujarat for being awarded as the Best
encourage the consumers to adopt such Tourism Village by the United Nations
products as well as the manufacturers to World Tourism Organization (UNWTO).
transition to production of Ecomark certified Commercial pilot licenses will now be valid
products for promoting sustainability. for ten years, with the government
Prime Minister Narendra Modi will amending rules as part of efforts to further
inaugurate India's first Regional Rail, improve ease of doing business in the
WhatsApp users in India can now access The Election Commission of India
railway-related information by chatting with announced the schedule for the upcoming
redRail’s innovative Railbot or via the Legislative Assembly elections in
redRail app. Chhattisgarh, Madhya Pradesh, Mizoram,
and 2019, having raised concerns about the The Directorate General of Foreign Trade
inaugurated the priority section of the Delhi- laptops, computers and tablets as the
Ghaziabad-Meerut RRTS Corridor at transition from a free import regime to a
restricted one for select IT hardware
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as the country grows at a quicker pace. Minister, Shri Narendra Modi has approved
PM Modi inaugurated the first leg of the the proposal of the Department of
Regional Rapid Transit System (RRTS), Fertilizers for fixing the Nutrient Based
India’s first mass rapid system dedicated to Subsidy (NBS) rates for Rabi Season 2023-
regional connectivity. 24 on Phosphatic and Potassic (P&K)
inaugurate India’s first liquid nano di- The Cabinet Committee on Economic
its remaining stake in Hindustan Zinc Ltd Mantri Krishi Sinchayee Yojana-
(HZL), a subsidiary of Vedanta, in smaller Accelerated Irrigation Benefit Programme
25, to ensure remunerative prices to star rating programme for solar photovoltaic
approved for lentils, followed by Rs 200 per Lab in NIELIT Gorakhpur was inaugurated
quintal for mustard. during the 26th All India Director’s Meet of
NIELIT.
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Initiative (CLI) event is being organized by the 37th National Games at the Jawaharlal
the Ministry of Environment, Forest and Nehru Stadium in Goa.
Climate Change at Forest Research The Prime Minister, Shri Narendra Modi
involving Centre and State governments. The Ayodhya Ram temple trust, known as
The Department of Consumer Affairs, the Shri Ram Janmbhoomi Teerth Kshetra,
The Food Safety and Standards Authority A committee constituted by the National
of India (FSSAI) has recommended the Council of Educational Research and
‘DNA and Face Matching’ systems at police history” to correct narrative about the
Scheme has been at 43% & On the other launched the National Cooperative Exports
hand, 57% of males account for the rest of Limited (NCEL).
the loan disbursement under the scheme.
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Project under the Pradhan Mantri Krishi over as Chief Guest at the inaugural
Sinchayee Yojana-Accelerated Irrigation session of the first-ever three-day-long
Benefit Programme (PMKSY-AIBP). Global Conference on Cooperation in
the Bapu Auditorium of the Samrat Ashoka Gas launched the ‘Reference Gasoline and
Convention Centre. Diesel Fuels’ produced by IndianOil for the
the Vigilance Awareness Week 2023 from addressed the 78th United Nations General
The Prime Minister, Shri Narendra Modi designed to foster growth and development
inaugurated, dedicated to the nation and in the Global South.
laid the foundation stone for projects worth Canada has made an accusation regarding
around Rs 5800 crores in Mehsana, India's involvement in the assassination of a
Gujarat. Khalistani leader, and this accusation has
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International Criminal Court, a move that chairmanship of the Indian Ocean Rim
further strains the country's ties with its old Association (IORA) during the 23rd Council
ally Russia after the court issued an arrest of Ministers' Meeting, which is scheduled
warrant for President Vladimir Putin over for October 11, 2023, in Colombo.
The United States House of technology permission to use the name and
Representatives made history by removing symbol of Harald the Bluetooth for the next
its Speaker, Kevin McCarthy, a Republican, 1,000 years.
for the first time in the body's 234-year The European Union (EU) has given its
history. approval for the world's first green bond
£4 billion ($4.9 billion) contract to BAE India and Tanzania announced the
Systems, Rolls-Royce, and Babcock for the elevation of their relations to a strategic
design and manufacturing of nuclear- partnership and agreed on a five-year
SSN-AUKUS. cooperation.
Indonesian President Joko Widodo India and Argentina have entered into a
inaugurated Southeast Asia's first high- Social Security Agreement (SSA) with the
speed railway connecting Jakarta and aim of safeguarding the legal rights of
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Israel has officially declared war against recovering destination in this sector.
Hamas, marking a significant escalation in Russia's Olympic Committee has been
the ongoing conflict between the two suspended by the International Olympic
The Akshardham Hindu temple was was hosted by the Parliament of India in
India has launched Operation Ajay to and National Remote Sensing Centre,
evacuate Indian nationals from the Israel- NRSC signed an MoU for monitoring of
Hamas conflict zone. Pradhan Mantri Krishi Sinchayee Yojana -
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The Regional Conference of India's ASEAN India has sent humanitarian aid to the
and East Asia Ambassadors was chaired people of Palestine, demonstrating its
by External Affairs Minister Dr S Jaishankar commitment to providing support during
A Roadmap for Better, Bolder, and Bigger Republic (Lao PDR) is set to become the
MDBs," aimed at enhancing the 2nd country in 2023, following Bangladesh,
India and Vietnam have deep historical ties approval for free tourist visas to visitors
dating back nearly 2,000 years, linked to from India and 6 other countries.
the heritage of Buddhism, External Affairs India and the United Kingdom (UK) held
Minister S Jaishankar while unveiling the their first 2+2 dialogue of senior officials.
crossing into Gaza to allow 20 trucks with The Prime Minister, Shri Narendra Modi
humanitarian aid. inaugurated the 7th Edition of the India
Former Pakistan Prime Minister Nawaz Mobile Congress 2023 at Bharat
self-imposed exile in the United Kingdom The Ayodhya Ram temple trust, known as
(UK). the Shri Ram Janmbhoomi Teerth Kshetra,
Finance ministers and central bank has received a license to accept foreign
governors (FMCBG) from G20 nations donations under the Foreign Contribution
adopted a roadmap for regulating crypto Regulation Act (FCRA).
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Training (NCERT) has recommended into a severe cyclonic storm over the north-
replacing “India” with “Bharat” in the school western Bay of Bengal.
textbooks for all classes, and that “classical China is constructing an enormous
The government of India approved the first-ever Data Dashboard, which shows
Project under the Pradhan Mantri Krishi astonishing rate across all regions.
Sinchayee Yojana-Accelerated Irrigation Japan achieved a significant milestone in
Benefit Programme (PMKSY-AIBP). defence technology by successfully test-
gathering force in the Arabian Sea, The United Kingdom (UK) (Britain) is set to
intensified into an ‘extremely severe become the headquarters of the world's first
cyclonic storm’ near the coasts of Oman artificial intelligence (AI) Safety Institute, as
and Yemen. announced by Prime Minister Rishi Sunak.
current financial year despite global anniversary after releasing the first batch of
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Valmiki Tiger Reserve (VTR) and will open camp in Lucknow and Varanasi to promote
by the end of 2023 or early 2024. the use of solar energy among the public.
The upcoming Noida International Airport Rajasthan Chief Minister Shri Ashok Gehlot
(NIA) in Jewar has received its own unique has announced the establishment of 3 new
international 3-letter code, ‘DXN,’ from the districts in the state, namely Malpura,
International Air Transport Association Sujangarh, and Kuchman City ahead of the
Kashmir’s Kathua district, has got the state's 5 indigenous Muslim communities,
Geographical Indication (GI) tag. namely Goria, Moria, Deshi, Syed, and
The Central Reserve Police Force (CRPF) Jolha to gather data for the upliftment of
partnered with the Ministry of Women and these communities.
Child Development to initiate a cross- The Bihar government has announced a
country bike expedition called "Yashaswini" 10% reservation for Economically Weaker
with a group of CRPF women bikers. Sections (EWS) in judicial services and
Uttar Pradesh has achieved 100% ODF state-run law colleges and universities.
Plus (Open Defecation Free Plus) coverage The Madhya Pradesh (MP) government has
under the Swachh Bharat Mission announced a 35% reservation for women in
(Grameen) Phase II. all government job recruitments, excluding
the 'Statue of Equality,' will be unveiled in the unique and culturally significant yak milk
Accokeek City, Maryland, on October 14, product, ‘Yak Churpi,’ has been granted the
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stone for the largest pumped storage The Intellectual Property of India (IPI)
The Andhra Pradesh Assembly passed the Cooperative Federation Limited, Tamil
Guaranteed Pension Scheme bill to bring Nadu.
all state government employees under the The Uttar Pradesh government has allowed
System (CPS) and Old Pension System pharmaceutical firm whose cough syrup
the Ministry of Coal has won 810 MW Solar Narendra Modi to lay the foundation stone
PV project capacity from Rajasthan Rajya of projects worth ₹4,200crores in
Union Minister for Fisheries, Animal Union Minister for Road Transport and
Husbandry and Dairying Shri Parshottam Highways Shri Nitin Gadkari in a post
Rupala will inaugurate the 16th Agricultural stated in Arunachal Pradesh under the Setu
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working to transform Ayodhya into a solar Uttar Pradesh (UP) Chief Minister (CM) Shri
Prime Minister Narendra Modi will be The Jaderi Namakatti has received the
launching 511 Pramod Mahajan Grameen Geographical Indication (GI) tag from the
Kaushalya Vikas Kendras in Maharashtra Geographical Indications Registry in
Delhi Chief Minister Arvind Kejriwal Union Minister of Health & Family Welfare,
approved the Delhi Motor Vehicle Dr. Mansukh Mandaviya, inaugurated the
Aggregator and Delivery Service Provider Nagaland Institute of Medical Sciences and
Scheme 2023, a policy aimed at regulating Research (NIMSR) in Kohima, Nagaland.
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people of Assam on the auspicious 'Mission Shakti Cafe' in the Gonda district.
occasion of Kati Bihu. Uttar Pradesh (UP) Chief Minister (CM)
The Punjab government launched the Yogi Adityanath flagged off 51 buses of the
‘Hope Initiative’ mission to curb the drug State transport corporation under “Mission
menace in the state. Mahila Sarathi”, on the occasion of Durga
The Arunachal Pradesh State Cabinet has Ashtami, in Ayodhya.
The Odisha Government has taken the after the Kamar PVTG received habitat
expanding the area under maize cultivation The International Sand Art Festival is
in Odisha. scheduled to take place at Chandrabhaga
The Anthurium Festival has commenced in Beach in Konark, Puri, Odisha, India.
committee tasked with the assessment of The Income Tax Department of India has
colleges and the implementation of state issued a demand for approximately $150
rankings for educational institutions in million in taxes from Dream11, covering the
Bihar. years 2017 to 2019.
A self-help group (SHG) in Budgam, The Reserve Bank of India (RBI) has
Jammu and Kashmir, has established a granted its approval to the International
flower nursery as part of the UMEED Finance Corporation (IFC) for acquiring a
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Fiscal deficit reached 36% of Budget According to Sa-Dhan, 21% portfolio growth
Estimate during April-August period of the has been recorded in the microfinance
fiscal year 2023-24. sector as of June-end 2023.
The National Investment and Infrastructure The government revised downwards the
Fund and Japan Bank for International wheat production by 2.19 million tonnes to
Cooperation, JBIC have tied up to launch a a record 110.55 million tonnes for the 2022-
crore in the second half of 2023 -24 through Amul, was featured on one of the mega
dated securities, including ₹20,000 crore billboards at Times Square New York.
through the issuance of Sovereign Green The Bureau of Indian Standards (BIS) has
2047. (LEVs).
Indian oil PSU Indian Oil Corporation (IOC) The Competition Commission of India (CCI)
2,600 crore in setting up several greenfield involving re-balancing of the existing cross-
units and expanding its facilities across the shareholdings between Renault and
northeast over the next few years. Nissan.
GST collection increased to ₹1.63 lakh cr in India and Singapore are set to expand the
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Estimates of the area and production of first-ever 'AAA' rated Indian Rupee
various horticultural crops for the year denominated Social Bonds.
2022-23. Infosys Finacle, part of EdgeVerve
launch ‘doorstep gold loan’ facility named selected the Finacle Digital Banking Suite
cancelled the banking license of Nashik State Bank of India (SBI), the nation's
Zilla Girna Sahakari Bank Limited, which is largest lender, has introduced a unique
located in Nashik, Maharashtra. strategy to encourage timely repayments
(Prudential Regulations on Basel III Capital collaboration with the Central Board of
Framework, Exposure Norms, Significant Secondary Education (CBSE), has
Investments, Classification, Valuation, and launched the ‘Seekho Paiso ki Bhasha’
and Resource Raising Norms for All India Motilal Oswal Mutual Fund has introduced
Financial Institutions) Directions, 2023." India's first Nifty 500 ETF, an open-ended
HDFC Bank has introduced 3 new digital scheme designed to replicate the
payment products on the Unified Payment performance of the Nifty 500 Total Return
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Standard Bank Group (SBG) to centralise currency) initiative called Project Mariana.
its custody and securities settlement The Reserve Bank of India (RBI) has
operations in over 15 markets with the TCS proposed that cardholders be given the
BaNCS global securities processing option of selecting their network provider for
platform. debit card, credit card, or prepaid cards.
The World Bank has decided to maintain The Finance Ministry notified final valuation
India's Gross Domestic Product (GDP) rules for foreign and domestic investors into
growth projection at 6.3% for the fiscal year shares of unlisted companies such as start-
2023-24. ups under the new angel tax mechanism
The government has maintained the proposed in the Finance Act 2023.
schemes unchanged for the third quarter Regulatory Authority, has entered into a
(Q3) of the current financial year. Memorandum of Understanding (MoU) with
Indian Bank, a public sector lender, has the Bank of India (BoI) to enable funding
The Asian Development Bank (ADB) has The Reserve Bank of India (RBI) has
introduced capital reforms to unlock $100 expanded its Centralised Web Portal called
billion in new financing capacity over a UDGAM (Unclaimed Deposits – Gateway to
decade. Access inforMation) to include 30 banks.
IndusInd Bank has launched ‘INDIE’, a The Pension Fund Regulatory and
mobile banking app designed for customers Development Authority (PFRDA) is in the
seeking a personalised digital banking process of appointing DSP Pension Fund
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financial institution for Micro, Small, and banks are: SBPP Co-operative Bank
Medium Enterprises (MSMEs) and the Shell Limited - ₹13 lakh, The Sahayadri Sahakari
Foundation have jointly launched a $6- Bank Ltd - ₹6.00 lakh, Rahimatpur Sahakari
million Risk Sharing Facility (RSF) to Bank Ltd - ₹1.00 lakh, The Gadhinglaj
enhance access to finance and promote the Urban Co-operative Bank Ltd - ₹3.00 lakh,
widespread adoption of electric two- and The Kalyan Janata Sahakari Bank Ltd -
Fund (NIIF) has entered into a collaboration Shaktikanta Das released the 4th bi-
with the Japan Bank for International monthly monetary policy for 2023-24.
Cooperation (JBIC) to launch a $600 million The Reserve Bank of India (RBI) has raised
India-Japan Fund (IJF) with JBIC and the limit for gold loans under the Bullet
Government of India (GoI) as anchor Repayment Scheme from ₹2 lakh to ₹4 lakh
investors. for Urban Co-operative Banks (UCBs) that
YES Bank has become the first bank in have met their target and sub-targets under
India to issue the Open Network for Digital Priority Sector Lending (PSL) as of March
The government has maintained the The Reserve Bank of India’s (RBI) decision
interest rate on General Provident Fund to consider Open Market Operations (OMO)
(GPF) savings at 7.1% for the October- sale of government securities is a
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.
banking financial companies (NBFCs)' to bank accounts in GIFT IFSC and not having
government-owned NBFCs, excluding any other taxable income in India.
those in the base layer with effect from Fibe, (formerly known as EarlySalary),
immediately cease the onboarding of new numberless credit card for tech-savvy Gen
current year, doubling to 5% in the next October 11 issued its approval to SBI
Islands to see if there has been a violation The Reserve Bank of India stated it has
of share ownership rules, two sources with imposed a penalty of Rs 5.39 crore on
direct knowledge of the matter stated. The Paytm Payments Bank Ltd for non-
fund is called Gulf Asia Trade & Investment, compliance with certain provisions,
the sources stated.
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The Reserve Bank has imposed monetary Mannan stated that the ADB in the meeting
penalties on three co-operative banks and offered a $338 million loan for the project in
one NBFC for deficiencies in regulatory Bangladesh.
compliance. These co-operative banks are: Bank of India has upgraded its savings
Annasaheb Magar Sahakari Bank Ltd, The accounts for all segments which cover
Jawhar Urban Co-operative Bank Ltd, salaried employees, households,
Janata Urban Co-operative Bank Ltd and individuals, youth, etc. stated Rajneesh
Finquest Financial Solutions Private Ltd. Karnatak, MD & CEO of Bank of India.
State-owned Bank of Maharashtra (BoM) The Reserve Bank of India (RBI) has
stated that it has increased its marginal cost cancelled the Certificate of Registration of
of funds-based lending rate (MCLR) for Chennai-based Ind Bank Housing Ltd.
China to cover about $4.2 billion of the educators, Deep Narayan Nayak, a primary
island nation's outstanding debt while talks school teacher from West Bengal, and Hari
with other official creditors stall. Krishna Patacharu, an English teacher from
Annual retail inflation low 5.02% in Andhra Pradesh, have made it to the top 50
September from 6.83% the previous month. shortlist for the 2023 Global Teacher Prize.
The Securities and Exchange Board of The Nobel Prize 2023 in Physiology or
India (Sebi) has discovered several Medicine was awarded to Katalin Karikó
and is discussing this with other regulators, that enabled the development of effective
stated Ananth Narayan, whole-time mRNA vaccines against COVID-19.
member (WTM) of the market regulator.
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Professor at the University of California in The Dr. MGR Chennai Central railway
recognition of his work in areas such as station has been awarded the platinum
analytic number theory, combinatorics, certificate by the Indian Green Building
Euclidean harmonic analysis, and Council (IGBC) for developing the railway
geometry. station into a net zero energy building.
Renowned author and philanthropist Sudha Tanzania President Dr Samia Suluhu
Global Indian Award by the Canada India for her pivotal role in fostering stronger
cash award of ₹25 lakh would be given to has received the Spinoza Prize, the highest
each of the nine eminent space scientists distinction in Dutch science for her work in
from Tamil Nadu, including K Sivan and the field of climate change at a ceremony in
The Royal Swedish Academy of Sciences (MRPL) has won the ‘Best Innovation in
awarded the 2023 Nobel Prize in Literature Refinery’ award from the Union Ministry of
to Norwegian author Jon Fosse "for his Petroleum and Natural Gas.
innovative plays and prose which give voice o The prestigious Satyajit Ray Lifetime
to the unsayable", according to the Swedish Achievement Award will be bestowed upon
Iran’s jailed women’s rights advocates, has International Film Festival of India.
vowed to stay in the country and continue Noted author and activist Sivasankari was
honoured with the prestigious 32nd
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President Droupadi Murmu conferred the Ashok Gadgil and Subra Suresh received
69th National Film Awards in New Delhi. the National Medal of Technology and
REC Limited, the Maharatna Central Public Innovation and the National Medal of
Sector Enterprise under the Ministry of Science, respectively, Subra Suresh has
Power, has been recognized for its been conferred the National Medal of
exceptional performance in risk Science for research in engineering,
management with the esteemed Golden physical sciences, and life sciences.
Peacock Award, given by the Institute of
gearing up to honor cricket legend Sachin assumed the role of the 28th Director
Tendulkar in a grand way during the 2023 General Border Roads (DGBR).
ODI World Cup. The Union government has extended the
Mahsa Amini, the 22-year-old Kurdish tenure of Nitin Gupta, the current Chairman
Iranian woman who died in police custody of the Central Board of Direct Taxes
in Iran last year, sparking worldwide (CBDT), until June 30, 2024.
protests against the country’s conservative Former bureaucrat Amit Khare has been
Organization awarded Dhordo village in Bank (TMB)'s managing director (MD) and
Kutch district of Gujarat as one of the Best chief executive officer (CEO), Krishnan
Tourism Villages. Sankarasubramaniam, has resigned from
India (ICAI) has won a UN award for its Intel Corporation, a leading digital chip
contribution to sustainability reporting. maker based in the United States of
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.
Dr. Mohamed Muizzu, representing the company (AMC) by assets, SBI Mutual
Progressive Party of Maldives (PPM) PNC Fund, has elevated DP Singh to the post of
coalition, secured victory in the Maldives joint chief executive officer (CEO).
Presidential elections. K.N. Shanth Kumar, representing The
A.M. Naik retired from his position as Printers (Mysore) Private. Limited., has
Chairman of Larsen & Toubro (L&T). been elected as the Chairman of the Board
Aditya Puri, a veteran banker and former of Directors of the Press Trust of India (PTI)
Executive Officer (CEO) of HDFC Bank, Vivek Johri, an Indian intelligence officer, is
has been appointed as a senior advisor to set to become the new National Security
Deloitte Touche Tohmatsu India LLP Advisor (NSA) for Mauritius, in line with a
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.
Marico, has been appointed as the javelin, Neeraj Chopra was named Laureus
chairman of the Advertising Standards Ambassador, pledging his support to
Council of India (ASCI). Laureus Sport for Good.
Ramaswamy N has been appointed as the role on the advisory board of robotics
Chairman and Managing Director (CMD) of startup Vayu Robotics.
(AMFI) has elected Navneet Munot, the Deepak Chhabria, allowing him to continue
Managing Director (MD) and Chief serving as the chairman of Finolex Cables.
Executive Officer (CEO) of HDFC Asset VJ Kurian has been appointed as the new
Cabinet (ACC) has extended the tenure of Cabinet (ACC) has approved the extension
State Bank of India (SBI) Managing Director of Amit Agrawal's central deputation tenure
Ashwini Kumar Tewari by 2 years. as the Chief Executive Officer (CEO) of
The Indian Air Force (IAF) unveiled its new Unique Identification Authority of India
ensign at the 91st annual Air Force Day (UIDAI) for a period of one year.
Pawar has resigned as a director of the will assume the role of CEO of the India
Pune District Central Cooperative (PDCC) Semiconductor Mission (ISM).
Bank.
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Topalian as its Chairman and India's T V (SVP) and managing Director (MD) of HP’s
Narendran as one of its vice-chairmen. India market.
Christopher Luxon has been elected as the Air Marshal Sadhna S. Nair assumed the
Secretary in the Ministry of External Affairs, first woman to hold this prestigious position
has been appointed as the next upon her promotion to the rank of Air
India to the United Nations and other Sanjay Kumar Jain has been appointed as
International Organisations in Geneva, Chairman & Managing Director (CMD) of
Switzerland. Indian Railway Catering and Tourism
Managing Director (MD) & Chief Executive mandated that private banks and wholly-
Officer (CEO) of Kotak Mahindra Bank for a owned subsidiaries of foreign banks
period of 3 years. (excluding Payment Banks and Local Area
Former Jharkhand Chief Minister, Shri Banks) must have a minimum of two
Raghubar Das, has been appointed as the Whole-Time Directors (WTDs) on their
appointed Indra Sena Reddy Nallu as the Indian domestic cricket, has been chosen
20th Governor of Tripura & he will take the as the new head coach of the senior
place of Satyadeo Narain Arya who has
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Rajkummar Rao, a renowned Indian actor (BCG), a global consulting firm, to assist in
known for his role in the film "Newton," has the preparation of the Vision 2047
been inducted as a National Icon by the document.
Insurance Broking India Private Limited, (MCC) World Cricket Committee & he takes
has been appointed as the intermediary for over from former England captain Mike
Louisiana, has been elected as the new A MoU between the Department of Heritage
Speaker of the United States House of & Tourism, Government of Haryana and the
Representatives. North-Eastern Handicrafts and Handloom
The Ministry of Home Affairs (MHA) in the Development Corporation Ltd. (NEHHDC),
Police Service (IPS) officer of the AGMUT cross-cultural exchange & and promotion of
1991 cadre, as the 17th Director General of handicrafts, handlooms, textiles, crafts,
Jammu and Kashmir Police. culture and cuisine of the state of Haryana
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.
Fund and Japan Bank for International India and Saudi Arabia have signed a
Cooperation, JBIC have tied up to launch a Memorandum of Understanding in Riyadh,
600 million US dollar India-Japan Fund. in the fields of Electrical Interconnections,
Common Engineering Facility Center titled committed to work with India to expand the
“Digital Twin Center for Emerging Travel for LiFE initiative across the Asia
The UAE and India will cooperate more recently signed a memorandum of
Payments (AEP) for Domestic Card bikers to celebrate women's power or Nari
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.
promote investments in each other’s the Super Power Retailer Program under
country in the new and renewable energy the Skill India Mission.
sector. The Department of Land Resources
The International Olympic Committee (IOC) (DOLR) organized an event for the signing
with the Olympic Museum has signed of MOU with (the National Remote Sensing
agreement with Reliance Foundation to Center) NRSC in the presence of Shri Ajay
build on the success of the Olympic Values Tirkey, Secretary, DOLR and Sh. S.
signed a new cooperation agreement. Space along with other senior officers from
Defence cooperation agreement has been DOLR, Department of Space and NRSC.
signed between India and Italy. The World Anti-Doping Agency (WADA)
Indian Agricultural Research Institute here allow experts from both international
for the Mid-Life Upgrade and Re-Powering Indian Oil Corporation, the nation's biggest
of INS Beas with Cochin Shipyard Limited oil firm, will invest ₹1,660.15 crore as equity
at the cost of over 313 crore rupees. in a newly set up joint venture with energy
Bharti Group has signed an agreement with major NTPC Ltd for setting up renewable
its partner AXA to acquire the latter’s 49 per power plants.
cent stake in Bharti AXA Life Insurance.
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.
three entities engaged with the Ministry of Air India has successfully acquired its
Electronics and Information Technology inaugural A350-900 aircraft through a
(MeitY) to advance and accelerate finance lease transaction facilitated by
innovation in AI, Semiconductor and HSBC, with the transaction taking place
quantum technology for India. within the Gujarat International Finance
Indian Institute of Corporate Affairs and Tec-City (GIFT City).
Skill Council for Persons with Disability Bharti Group stated it has entered into a
inked MoU for ‘Job Coach for Inclusivity binding agreement with its joint venture
The Coal Ministry has joined hands with the in Bharti AXA Life Insurance.
Ministry of New & Renewable Energy Private-sector lender Kotak Mahindra Bank
(MNRE) to work together for the promotion (KMB) has received Reserve Bank of
of green energy. India’s (RBI’s) approval to acquire 100% of
One97 Communications, which owns the the issued and paid up capital in Lucknow,
Paytm brand, announced that its wholly- Uttar Pradesh (UP) based Sonata Finance
owned subsidiary Paytm Payment Services Private Limited (SFPL) for Rs 537 crore.
Limited (PPSL) has signed a pact with The Infrastructure Development Finance
Startup Bihar to promote the state's startup Company (IDFC) has received approval
ecosystem. from the Competition Commission of India
(CCI) for its merger with IDFC First Bank.
The Indian Navy, in collaboration with the a 1.09% stake in online food delivery
State Bank of India (SBI), introduced the platform Zomato for Rs 1,040 crore through
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.
Centres Index (GFCI 34) was published by Maritime Bilateral Exercise (SIMBEX) has
Z/Yen Group in partnership with the China successfully concluded in Singapore.
Development Institute (CDI). The Indian Coast Guard Pollution-Control
The India Ageing Report 2023 was Vessel 'Samudra Prahari' conducted a
released by the United Nations Population Pollution Response Table-Top exercise
Fund (UNFPA) and the International with Thai officials at Khlong Toei Port in
According to a report by Respirer Living The 11th edition of the SAMPRITI joint
most polluted city in India for air pollution. India's Defence Minister, Rajnath Singh,
Reliance Industries Chairman and launched Swavalamban 2.0, an updated
Managing Director Mukesh Ambani has indigenous program of the Indian Navy.
reclaimed the first position on the 2023 The Annual Joint HADR Exercise (AJHE) is
Forbes list of India’s 100 Richest with a net a result of the directive of the Hon'ble Prime
worth of $92 billion. Minister announced during the Joint
Commanders' Conference-2015.
India’s rank on the Global Pension Index India is likely to skip China’s third summit
2023 declines to 45th position out of 47 marking President Jinping’s signature Belt
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.
which aims to test and validate current launched Project Udbhav and inaugurated
cutting-edge weapon systems and the first edition of the Indian Military
The Indian Navy's Advanced Light Mazagon Dock Shipbuilders Limited (MDL)
Helicopter has arrived at the Sri Lanka Air has delivered the Third Stealth Destroyer of
Air Force Station, New Delhi. South Korea conducted a joint aerial
The oceanographic research vessel Indian exercise in collaboration with Japan and the
embarked on a two-month long Sagar Maitri The Ministry of Defence (MoD) signed a
(SM) Mission-4 from the South Jetty of the contract for the construction of one Training
Southern Naval Command (SNC) in Kochi. Ship for the Indian Coast Guard (ICG) with
The joint bilateral training exercise Mazagon Dock Shipbuilders Ltd (MDL),
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.
The Indian Army has installed its first China sent a new remote sensing satellite
Vertical Wind Tunnel (VWT) at the Special named Yaogan-33 04 carried off by a Long
Forces Training School (SFTS) in Himachal March-4C carrier rocket into space from the
Infrared Pathfinder Satellite Observations 'green war room' with the aim of addressing
of six new Dornier Do-228 aircraft The National Aeronautics and Space
Fintech firm CRED launched CRED around the Eclipse Path (APEP) to study
Garage, a vehicle management platform, how a solar eclipse affects the upper
which will offer its members concierge atmosphere.
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.
network were launched into space on from Thoothukudi district of Tamil Nadu (TN).
Florida in low Earth orbit (LEO), the Google India has launched its flagship
company's first step before it deploys program called "DigiKavach, serves as an
thousands more into orbit to beam internet early threat detection and warning system
service globally and compete with SpaceX's designed to identify and analyse emerging
Starlink. financial fraud patterns.
The Indian Space Research Organisation The Indian Institute of Science (IISc) and
(ISRO) will start unmanned test flights for Samsung Semiconductor India Research
Gaganyaan, the country’s first manned (SSIR) have partnered to set up a Quantum
Spanish aerospace company PLD Space from Satish Dhawan Space Centre in
achieved a significant milestone by Sriharikota, Andhra Pradesh (AP).
Psyche, which is rich in metal content. offers activity-based support material such
The 2nd spaceport of Indian Space as quizzes and puzzles inspired by the
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country's youngest-ever crew to the silver medal at the 19th Asian Games.
Tiangong Space Station. At the Hangzhou Asian Games in China,
India amassed a total of 92 medals,
defended his Asian Games title with gold in milestone at the Asian Games, securing
A record-breaking Avinash Sable became victory over Chinese Taipei in the women's
Internationale de Football Association Chopra for the Men's Athlete of the Year
the first woman to do the Yurchenko double has accepted the proposal to include cricket
pike at the World Artistic Gymnastics in the Los Angeles 2028 Olympics.
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cricket and four other sports as part of the India has clinched 35 medals- 10 gold, 12
Olympic Games Los Angeles 2028. silver, and 13 bronze at the ongoing Asian
Raunak Sadhwani has won at the FIDE Para Games in Hangzhou, China so far.
World Junior Rapid Chess Championship The 37th edition of the National Games will
2023. begin in Goa.
In Qatar Masters, the 24-year-old Indian In shooting, Manu Bhaker secured the 11th
chess grandmaster, Karthikeyan Murali, Paris Olympics quota place for India after
became the third Indian player to beat the finishing fifth in women’s 25-metre sports
Former England captain Alastair Cook, his Maharashtra is leading the medal table in
country's record Test runs scorer, has the National Games 2023 with 78 medals -
announced his retirement from professional 37 gold, 19 silvers and 22 bronze on the
cricket. fourth day of the Games currently underway
silver and 5 bronze. the event with their best-ever medal haul
In a battle of future Badminton stars from after clinching a record-breaking 111
India, Unnati Hooda beat Samiya Imad medals.
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ISRO Chairman S. Somnath wrote his Kerala State Literacy Mission has passed
autobiography in Malayalam is titled Nilavu away at the age of 101.
Kudicha Simhangal– translated as ‘Lions The Nobel prize-winning author and a
that Drank the Moonlight’. former poet laureate of the United States
A veteran journalist Ashok Tandon's book Louise Glück, has passed away at the age
'The Reverse Swing Colonialism to of 80 in Cambridge, Massachusetts,the
Petroleum and Natural Gas & Housing and who was known for being part of a famous
Urban Affairs Hardeep Singh Puri. spin quartet, has passed away at the age of
77.
away at the age of 79. way for women to enter the sanctum
Ram D. Zodge, former senior racing sanctorum of Shakti temples, passed away
different Central ministries and also served Legendary Manchester United and England
as an advisor to the governor of Uttar football player Sir Bobby Charlton passed
Pradesh in the early 1990s, has passed away at the age of 86.
away at the age of 86.
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