20 October Current Affairs 2023 in English

20 October Current Affairs 2023

20 October Current Affairs 2023 refers to the latest news and events happening around the world and are relevant to our daily lives. Staying updated with the 20 October Current Affairs 2023 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 20 October Current Affairs 2023 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities. 20 October Current Affairs 2023 also provides students with insights into various issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 20 October Current Affairs 2023 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.

Enhancing Fisheries Sector Access- Ghar-Ghar KCC Abhiyaan

In an effort to boost financial support for the fisheries sector and promote financial inclusion, Dr. Abhilaksh Likhi, the Secretary of Fisheries, recently presided over a crucial meeting focusing on the ‘Ghar-Ghar KCC Abhiyaan.’ The meeting brought together senior officials from different States, Union Territories, the Reserve Bank of India (RBI), NABARD, Scheduled Commercial Banks, the Department of Agriculture & Farmers Welfare, State Level Bankers Committees, and Regional Rural Banks.

Dr. Abhilaksh Likhi emphasized the need to expand Kisan Credit Card (KCC) access throughout the fisheries value chain and reduce rejections of KCC applications. The ‘Ghar-Ghar KCC Abhiyaan’ aims to achieve widespread financial inclusion for fishers and fish farmers, and government officials and financial institutions are committed to making this initiative a success. Read the complete article here

Karthikeyan Murali Beats Magnus Carlsen at the Qatar Masters 2023

Karthikeyan Murali made history as the third Indian chess player to defeat World No. 1 Magnus Carlsen in classical chess. This remarkable victory occurred during the Qatar Masters Tournament 2023. Despite playing with the black pieces in round 7, Karthikeyan Murali secured the win.

Prior to this, only Viswanathan Anand, a five-time world champion, and Pentala Harikrishna had defeated Magnus Carlsen in classical chess. Harikrishna achieved this feat when he was just 14 years old back in 2005. This victory underscores the strength and talent of Indian chess players on the global stage. Read the complete article here

Enhanced Rail Connectivity in North East & Jammu and Kashmir

India’s Union Minister of Railways, Shri Ashwini Vaishnaw, and distinguished leaders unveiled a series of transformative railway initiatives in the northeastern states and Jammu & Kashmir. This milestone event introduced new train services, emphasized the region’s remarkable growth, and underlined the commitment to improving connectivity and development.

The expansion of rail connectivity in Assam, the introduction of new train services, and the inauguration of Vistadome coaches in Jammu and Kashmir are pivotal steps in enhancing tourism and fostering economic growth. These developments underline the Indian government’s dedication to ushering in a brighter future for the North East and the Union Territory of Jammu & Kashmir, promising improved infrastructure, connectivity, and prosperity for the region. Read the complete article here

World Statistics Day 2023

World Statistics Day, marked annually on October 20, is a global occasion that serves to emphasize the critical significance of advanced, dependable, and high-quality statistics in the progress and development of nations across the globe. This observance highlights the role that statistics play in informed decision-making, policy formulation, and fostering economic and social progress.

National Statistics Day is celebrated in India on June 29 every year to commemorate the birth anniversary of Prof. Prasanta Chandra Mahalanobis, who is widely regarded as the father of Indian statistics. He was a renowned statistician and economist who made significant contributions to the development of statistical theory and methods. He is also credited with establishing the Indian Statistical Institute, one of the leading statistical institutions in the world. Read the complete article here

REC Ltd Honored with Golden Peacock Award in Risk Management

REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has received the prestigious Golden Peacock Award for its outstanding performance in risk management. This award, presented by the Institute of Directors (IOD), acknowledges REC’s dedication to implementing robust risk assessment strategies. Such initiatives are essential for ensuring the organization’s sustainable growth and resilience in a competitive business environment. This recognition highlights REC’s commitment to excellence in risk management practices.

The Golden Peacock Awards, introduced by the Institute of Directors (IOD) in India in 1991, have gained international recognition as a benchmark for corporate excellence. REC Limited’s exceptional performance in risk management earned it this prestigious accolade. Read the complete article here

World Osteoporosis Day 2023: Protecting Your Bones

Each year, on October 20th, the world observes World Osteoporosis Day to highlight osteoporosis, a common bone condition. In this article, we’ll explore its history, importance, and the 2023 theme, “Step Up for Bone Health – Build Better Bones,” which encourages better bone care.

World Osteoporosis Day is crucial in promoting bone health and preventing osteoporosis. Its mission is to raise awareness about prevention and the importance of early detection through regular testing. By understanding this significance, we can work together to protect our bones and overall health. Read the complete article here

Partial Eclipse of the Moon on October 28-29, 2023

A partial lunar eclipse is set to occur on the night of October 28-29, 2023, which corresponds to the 6th-7th of Kartika in the Saka Era (1945). While the Moon will initially enter the penumbral phase at midnight on the 28th of October, the umbral phase, where the Earth’s shadow partially covers the Moon, will begin in the early hours of the 29th of October. It’s a celestial event that astronomy enthusiasts and stargazers may want to observe.

The upcoming partial lunar eclipse on October 28-29, 2023, will be visible from a wide region that includes the Western Pacific Ocean, Australia, Asia, Europe, Africa, eastern South America, north-eastern North America, the Atlantic Ocean, the Indian Ocean, and the South Pacific Ocean. It’s a celestial event that will be observed across a significant portion of the world. This lunar eclipse will be visible from all locations in India around midnight. Read the complete article here

ICAI Receives UN Award for its Contribution to Sustainability Reporting

The UNCTAD (United Nations Conference on Trade and Development) working group on International Standards for Accounting and Reporting (ISAR) has recognized the Institute of Chartered Accountants of India (ICAI) for its Sustainability Reporting Standards Board (SRSB) initiative. ICAI’s SRSB achieved the top score during the ISAR HONORS session for 2023, outperforming 70 initiatives worldwide.

The ISAR Honours program acknowledges and celebrates policy, institutional, and capacity-building initiatives that encourage businesses to share data regarding their contributions to the implementation of the 2030 Agenda for Sustainable Development. It also aims to promote and facilitate good practices in this crucial area, fostering a culture of sustainability and responsible reporting.

ICAI, established under the Chartered Accountants Act of 1949, is a statutory body in India with a parliamentary mandate. Its primary mission is to regulate and promote the Chartered Accountancy profession in the country. The Ministry of Corporate Affairs oversees its administrative functions. Read the complete article here

IMPHAL, A Triumph of Indigenous Shipbuilding in the Indian Navy

Mazagon Dock Shipbuilders Limited (MDL) has achieved a remarkable feat with the delivery of the third Stealth Destroyer of Project 15B Class Guided Missile Destroyer to the Indian Navy. The newly commissioned vessel, named IMPHAL, is a testament to India’s strides in indigenous shipbuilding. IMPHAL is not only one of India’s largest destroyers, constructed from Indigenous Steel DMR 249A, but it also embodies versatility and strength, equipped with advanced weaponry for various maritime missions. It excels in underwater warfare, offering independent operational capabilities, and was delivered ahead of schedule, highlighting MDL’s commitment to exceeding global standards. Notably, IMPHAL is the first naval warship in the Indian Navy’s fleet to accommodate women officers and sailors.

IMPHAL’s commissioning marks a milestone in India’s naval capabilities, showcasing the country’s progress in indigenous ship construction. As it takes its place in the Indian Navy’s ranks, it enhances India’s capacity to safeguard its maritime interests and contribute to regional security. With MDL leading the way, India continues its forward momentum towards achieving self-reliance in defense production. Read the complete article here

Tata Motors and Freight Tiger Transforming Indian Logistics

Tata Motors, a prominent player in India’s automotive sector, is set to reshape the country’s logistics landscape through a major investment in Freight Tiger, a specialized software platform for end-to-end logistics solutions. This collaboration aims to boost the efficiency of truck and freight logistics in India, marking a pivotal moment in the industry’s transformation.

Tata Motors will invest ₹150 crore in Freight Tiger, securing a 27% stake in this Software as a Service (SaaS) platform, with an option to add ₹100 crore more in the coming two years. Freight Tiger, a subsidiary of Freight Commerce Solutions Pvt Ltd, serves as a digital marketplace that connects shippers, carriers, logistics providers, and fleet owners. This connection simplifies the process of finding, booking, and managing freight, offering software solutions that streamline logistics operations and eliminate inefficiencies. Together with Tata Motors’ ‘Fleet Edge,’ this partnership is set to create a more efficient, cost-effective, and sustainable logistics industry in India. Read the complete article here

Publications Division Participates in 75th Frankfurt Book Fair 2023

The Publications Division, a division under the Ministry of Information and Broadcasting, Government of India, is actively participating in the 75th Frankfurt Book Fair. This significant event is a part of India’s National Stand, showcasing its literary and cultural richness. Sh. Vinod Kumar, Consulate Commerce, Indian Consulate, Frankfurt, had the honor of inaugurating the Publications Division’s stall and the INDIA National Stand on October 18, 2023.

The Frankfurt Book Fair, one of the world’s most renowned book fairs, attracts numerous participants and visitors from all corners of the globe. This year, it is being held from October 18 to 22, 2023, in Frankfurt, Germany, creating a vibrant platform for the exchange of literary and cultural ideas. Read the complete article here