Daily Current Affairs 18th December, 2023

Daily Current Affairs 18th December 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 18th December2023. It includes all Major National, International, Business and Sports related current affairs of 18th December2023. 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 18th December2023 Current affairs test.

National News

1. Prime Minister Modi Inaugurates Varanasi’s Largest Meditation Center

Prime Minister Modi recently opened the Swarved Mahamandir in Umaraha, Varanasi, which is now the largest meditation center globally.
This temple, with a capacity to hold 20,000 people, is adorned with detailed marble work and lotus-inspired domes.

2. Eastern Dedicated Freight Corridor’s New Segment to be Launched by PM Modi

The Prime Minister is scheduled to open a 402 km stretch of the Eastern Dedicated Freight Corridor on December 18.
Costing Rs 10,903 crores, this section includes 12 stations along the Delhi-Howrah railway line.

3. World’s Largest Office Complex, Surat Diamond Bourse, Opened by PM Modi

The Surat Diamond Exchange was recently inaugurated by PM Modi, surpassing the Pentagon as the largest office complex in the world.
Covering 6.7 million square feet, it houses around 4,500 diamond trading businesses.

4. PM Modi Launches Kashi Tamil Sangamam’s Second Edition

The Prime Minister initiated the second Kashi Tamil Sangamam to strengthen cultural connections between Varanasi and Tamil Nadu.
This event is part of ‘Ek Bharat Shreshtha Bharat Yuva Sangam’ and features a direct train service between Varanasi and Kanyakumari.

International News

5. India Partners in TIWB’s New Saint Lucia Program

A new program in Saint Lucia was started by Tax Inspectors Without Borders (TIWB) with India as the Administration Partner.
Lasting 12-18 months, the program aims to improve Saint Lucia’s tax management using Indian expertise.

State News

6. Genrobotics from Kerala Among Top 3 at Global AI Summit

Kerala’s Genrobotics was recognized as one of the top three AI startups in India at the Global Partnership on Artificial Intelligence Summit 2023.

Defence News

7. India’s Akash Missile Sets a Record: Simultaneously Targets Four at 25km

During the ‘Astrashakti’ military drill, India’s Akash missile successfully targeted four aerial objects at once over a 25 km range.

8. Indian Air Force’s ‘SAMAR’ Missile System Test a Success in Andhra Pradesh

The Indian Air Force’s SAMAR (Surface to Air Missile for Assured Retaliation) system was successfully tested during the AstraShakti-2023 exercise.

Economy News

9. S&P Global Ratings Maintains Positive Outlook for Asia-Pacific Economies

S&P Global Ratings maintains a positive perspective on the creditworthiness of Asia-Pacific’s emerging economies, foreseeing stable ratings for most countries in the region.

Banking News

10. IndusInd Bank Rolls Out ‘Indus Solitaire Program’ for Diamond Sector

IndusInd Bank introduced the ‘Indus Solitaire Program,’ a specialized banking service for the diamond industry’s unique requirements.

Business News

11. Fuel Price Drop Expected as Global Oil Prices Fall Below $80/Barrel

With the international crude oil prices dropping below $80 per barrel, there’s growing anticipation for a decrease in petrol and diesel retail prices.

12. National Pension System Assets Reach ₹10.7 Lakh Crore, Showcasing Strong Equity Performance

India’s National Pension System has seen significant asset growth, reaching ₹10.7 lakh crore with a remarkable 16.94% average annual equity return.

Important Days News

13. International Migrants Day 2023 Celebrated

December 18 marks International Migrants Day, focusing this year on “Promoting Safe Migration” and acknowledging migrants’ global contributions.

Ranks & Reports News

14. Aster Medcity Tops as India’s Leading Emerging Hospital

Aster Medcity in Kerala has been ranked as the best in the ‘Best Multi-specialty Hospital Emerging’ category by The Week-Hansa Research 2023.

15. Logistics Performance Index 2023 Highlights Top Performing States and UTs

The Logistics Performance Index 2023 recognized Andhra Pradesh, Karnataka, Tamil Nadu, Chandigarh, and Gujarat as “achievers” among 13 states and UTs.

16. Hyderabad Records Highest Food Adulteration Cases: NCRB Report

According to the National Crime Records Bureau, Hyderabad reported the highest number of food adulteration cases in 2022.

Agreements News

17. Kotak Mahindra Bank and IITK Collaborate to Establish Kotak School of Sustainability

A partnership between Kotak Mahindra Bank and IIT Kanpur led to the creation of the Kotak School of Sustainability, focusing on sustainability education.

Appointments News

18. Israel Names Reuven Azar as New Ambassador to India with Broadened Role