20th October 2023 Daily Current Affairs
Banking & Finance
1. IDFC gets CCI nod for merger with IDFC First Bank
- The Infrastructure Development Finance Company (IDFC) received approval from the Competition Commission of India (CCI) for its merger with IDFC First Bank.
- Aim: To create an institution with diversified public and institutional shareholders, like other large private sector banks, with no promoter holding.
- These include clearances from the Stock Exchanges, Securities and Exchange Board of India, Reserve Bank of India, and National Company Law Tribunal.
Banking & Finance
2. Federal Bank Launched ‘Mookkannoor Mission’ Initiative
- The Federal Bank inaugurated the ‘Mookkannoor Mission’, an initiative under the Swachh Bharat Abhiyan, on the 106th birth anniversary of its Founder KP Hormis.
- Mookannoor, a village in Ernakulam district, is the birthplace of the Founder.
- The Bank adopted a comprehensive plan of digitizing the entire village as well as a cleanliness drive that includes waste management, tree plantation, community development, etc that will be implemented in stages.
National Affairs
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3. PM Modi inaugurated Namo Bharat’ RRTS train today
- PM Modi inaugurated India’s first Regional Rapid Transit System, NaMo Bharat, priority section of Delhi-Ghaziabad-Meerut.
- NaMo Bharat is a high-speed, high-frequency transit system developed by the National Capital Region Transport Corporation to improve urban mobility in the region.
- The entire system will have 24 stations between Delhi and Meerut.
- The priority section will be 17 km long and have five stations: Sahibabad, Ghaziabad, Guldhar, Duhai, and Duhai Depot.
Important Dates
4. World Statistics Day is observed on 20th October 2023
- The third World Statistics Day will be celebrated around the globe on 20 October 2020.
- Aim: To provide an opportunity for statisticians, government organizations, policymakers, and other agencies to promote the values of high-quality date and statistics in the current data-driven world.
- Theme 2023 is Connecting the world with data we can trust, reflecting the importance of trust, authoritative data, innovation, and the public good in national statistical systems.
Honours & Awards
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5. ICAI receives UN Award for its contribution to sustainability reporting
- The Institute of Chartered Accountants of India has bagged a prestigious UN Award 2023 for its contribution to sustainability reporting.
- The United Nations Conference on Trade and Development (UNCTAD) honored ICAI during the 8th World Investment Forum for its contributions to sustainability reporting.
- ICAI’s efforts aim to promote sustainable practices in India and align with international standards.
National & International Appointments
6. Indra Sena Reddy Nallu appointed Governor of Tripura
- President Droupadi Murmu has appointed Indra Sena Reddy Nallu as Governor of Tripura.
- Indra Sena Reddy Nallu is a national secretary of the BJP and has thrice served as an MLA in Andhra Pradesh.
- Currently, Satyadev Narayan Arya is serving as the 19th governor of Tripura.
- He is a BJP leader from Bihar and has previously served as a Governor of Haryana.
- He also served as the floor leader of the BJP in the combined Andhra Pradesh Assembly.
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7. Karthikeyan Murali becomes third Indian to defeat Magnus Carlsen in Chess
- India’s Karthikeyan Murali became just the third player from the country to defeat World number one Magnus Carlsen in classical chess 2023
- Before Murali, Harikrishna, who defeated the Norwegian in 2005, and Viswanathan Anand, the only other player from the country to have defeated Carlsen.
- With this significant triumph, he joined the ranks of other leading players such as SL Narayan, Javokhir Sindarov, David Paravyan, Arjun Erigaisi, and Nodirbek Yakubboev.
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8. M launches 511 Pramod Mahajan Grameen Kaushalya Vikas Kendras
- PM Narendra Modi launched 511 Pramod Mahajan Grameen Kaushalya Vikas Kendras in Maharashtra.
- Established across 34 rural districts of Maharashtra, these Kendras will conduct skill development training programs across various sectors to provide employment opportunities to rural youth
- Aim: To provide training in soft skills such as basic foreign language skills, using AI tools for language interpretation which will make them more attractive for the recruiters.
Read Full News >> Honours & Awards
9. REC Limited honoured with Golden Peacock Award in Risk Management
- REC Limited has been recognized for its exceptional performance in risk management with the esteemed Golden Peacock Award 2023.
- About REC Limited
- REC Limited is an NBFC focusing on Power Sector Financing and Development across India.
- It provides financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives and private sector utilities.
National & International Appointments
10. Raghubar Das appointed Governor of Odisha
- Former Jharkhand Chief Minister, Raghubar Das, has been appointed as the Governor of Odisha.
- He will succeed Ganeshi Lal as the new governor of Odisha.
- He is currently a national vice-president of the BJP.
- The political journey of Raghubar Das began during his college days when he actively participated in the Jayprakash Narayan-led movement.
- He faced arrests and imprisonment during the movement and later joined the Janata Party in 1977.
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