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Daily Current Affairs 11th October 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 11th October 2023. It includes all Major National, International, Business and Sports related current affairs of 11th October 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 11th October 2023 Current affairs test.

 

National Updates

1. Inauguration of the 26th Energy Technology Conference

  • The conference at Bharat Mandapam in New Delhi was officially opened by Petroleum Minister, Shri Hardeep Singh Puri.
  • Minister Puri highlighted India’s prominent position in the global energy market.
  • India has advanced its biofuel blending milestones, shifting the 20 percent biofuel blending target from 2030 to 2025.

International Briefs

2. Launch of the 82-km Padma Bridge Rail Link by Bangladesh’s Prime Minister

  • Sheikh Hasina, the Prime Minister of Bangladesh, initiated the significant infrastructure project, primarily backed by Chinese financial assistance.
  • The rail link is set to benefit a vast population and is expected to considerably boost Bangladesh’s GDP growth.

Economic Highlights

3. Surge in India’s Net Direct Tax Collection

  • There has been an observed 21.8% growth, surpassing half of the expected annual budget.
  • This growth is largely attributed to increases in personal income and corporate taxes.

4. IMF’s Update on India’s GDP Growth Forecast for 2023-24

  • The International Monetary Fund revised India’s GDP growth prediction from 6.1% to 6.3%.
  • This positive change is due to India’s robust domestic demand and economic activities.

Significant Dates

3. Celebration of International Day of the Girl Child

  • October 11 is recognized globally, focusing on challenges encountered by girls and emphasizing gender equality.
  • This year’s theme accentuates the significance of investing in girls.

Government Initiatives

5. Introduction of the SHRESHTA Scheme by Ministry of Social Justice & Empowerment

  • This initiative aims to enhance the educational quality for Scheduled Caste students.
  • The scheme focuses on their comprehensive growth and brighter future prospects.

Wealth Rankings

6. Revelations from the 360 ONE Wealth Hurun India Rich List 2023

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  • Mukesh Ambani has surpassed Gautam Adani, claiming the title of India’s wealthiest individual.
  • Updates on other leading industrialists and their rankings are also featured.

Business Collaborations

7. Partnership between Bridgestone India and Tata Power

  • The collaboration is set to promote electric mobility.
  • Tata Power will establish high-capacity charging stations at Bridgestone outlets across the country.

Prominent Appointments

8. AMFI’s New Leadership Announcements

  • The Association of Mutual Funds in India selected Navneet Munot, the leader of HDFC Asset Management, as its Chairman.
  • Anthony Heredia has been appointed as the Vice-Chairman.

Sports Round-up

9. Pro Kabaddi League Auction Updates

  • Iranian Mohammadreza Shadloui Chiyaneh became the top-priced foreign player, joining Puneri Paltan.

10. Hosting of the 37th National Games in Goa

  • The event will take place from October 26 to November 9, 2023.
  • New sports will be introduced, expecting to draw over 10,000 participants.

11. Collaboration between International Olympic Committee and Reliance Foundation

  • The partnership seeks to instill Olympic values among Indian youth.

Science and Tech Insights

12. ISRO’s Preliminary Test Flight for Gaganyaan Mission

  • The test flight, scheduled for October 21, is designed to authenticate the crew module.
  • This crucial segment of the mission will be tested at the Satish Dhawan Space Centre in Sriharikota.
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