07 October 2023 Current affairs PDF: Staying well-informed about the latest current affairs is essential in our rapidly evolving world. As we delve into the month of October 2023, this article provides a concise yet comprehensive overview of the significant events that unfolded during this period. Explore the current affairs of October 2023, encompassing politics, economics, technology, and more, as we bring you up-to-date with the latest happenings around the globe.
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Current Affairs of 07 October 2023 PDF | 07 October 2023 Current affairs PDF
The International Cricket Council has named legendary cricketer Sachin Tendulkar as the ‘Global Ambassador’ for the Cricket World Cup 2023. Sachin, who has participated in a record six 50-over World Cups, will unveil the World Cup trophy before the inaugural match between England and New Zealand, thereby officially opening the tournament. The ICC Men’s Cricket World Cup 2023 commenced on October 5, with England and New Zealand facing off at the Narendra Modi Stadium in Ahmedabad.
In State Affairs, CM Shivraj Singh Chouhan of the Madhya Pradesh government has issued a notification providing 35 percent reservation for women in recruitment, except for the forest department. Madhya Pradesh was the first state to introduce 50 percent reservation for women in elections to panchayats and urban bodies. It also has a 30 percent reservation for women in the police, and the state offers concessional tariffs for property registration in a woman’s name.
In Defense news, Raksha Mantri Rajnath Singh launched the Navy’s updated indigenous program Swavalamban 2.0 at the Indian Navy’s Naval Innovation and Indigenisation Organisation seminar in New Delhi. The event included the release of the fifth Positive Indigenisation List of the Department of Military Affairs comprising 98 items and the launch of 76 challenges for the industry under the 10th Defence India Start-up Challenges & DISC 10 PRIME of Innovations for Defence Excellence.
Hindustan Aeronautics Limited (HAL) handed over the twin-seater variant of LCA Tejas fighter aircraft to the Indian Air Force in Bengaluru. The aim is to join India in the list of a very few elite countries that have created such capability and have them operational in their defense forces. The LCA Tejas twin-seater is a lightweight, all-weather, multi-role 4.5-generation aircraft developed indigenously with static stability and quadruplex fly-by-wire flight control.
In the realm of Banking & Finance, the State Bank of India launched a Mobile Handheld Device to enhance accessibility and convenience for customers, offering services such as cash withdrawal, cash deposit, fund transfer, balance inquiry, and mini statements at customers’ doorsteps. This initiative aims to benefit customers facing challenges in accessing bank branches or customer service points due to health issues, senior citizens, and Divyangjans.
RBI Governor Shaktikanta Das unveiled the Bi-Monthly meeting of the fourth monetary policy of the financial year 2023-24 in Mumbai. The current Repo rate is at 6.5 percent, Reverse Repo at 3.35 percent, and Bank rate is at 6.75 percent. RBI has projected real GDP growth for 2023-24 at 6.5 percent, with the goal of controlling inflation while safeguarding India’s economic growth.
07 October 2023 Current affairs in English
In another Banking & Finance development, Outlook Group and IDFC FIRST Bank announced the launch of “Outlook Money 40After40,” a retirement planning event. Its aim is to provide invaluable insights and expert guidance to individuals, helping them make informed decisions for a prosperous retirement. The event offers panel discussions, chats, masterclasses, interactions with planners, and product presentations.
The Reserve Bank of India (RBI) has taken a significant step by forming an external working group (WG) to address the expected credit loss (ECL) framework for loan loss provisioning. The aim is to gather independent insights into the intricacies of this substantial shift in the banking sector. Led by R. Narayanaswamy, the WG consists of eight experts, with representation from six banks and one member each from KPMG and the Indian School of Business, Hyderabad.
India and the United Arab Emirates have signed a strategic partnership agreement between the National Payments Corporation of India (NPCI) and Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, for Domestic Card Scheme Implementation in UAE. The agreement entails NPCI and AEP working together to build, implement, and operationalize UAE’s national domestic card scheme modeled on India’s RuPay card, with the goal of expanding bilateral trade.
In Honours & Awards, Indian-origin professor Dr. Joyeeta Gupta received the Spinoza Prize, the highest distinction in Dutch science, for her work in the field of climate change. The prize was presented to her by the Netherlands’ Minister for Education, Science, and Culture, Robert Dijkgraaf, in The Hague. Dr. Gupta, a Dutch environmental scientist, is a professor of Environment and Development in the Global South at the University of Amsterdam.
Norwegian author Jon Fosse has been awarded the 2023 Nobel Prize in Literature for his innovative plays and prose that give voice to the unsayable. He is widely recognized for his contributions to the human condition in various literary genres, joining an illustrious list of past winners.
Lastly, India and the United Arab Emirates signed a MoU in Abu Dhabi to collaborate efforts in areas such as supply chain resilience, clean energy technology, healthcare, space, Industry 4.0, and industrial standards. The goal is to facilitate industrial investments, technology transfer, and the implementation of key innovations across various industries for mutual benefits.