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Daily Current Affairs 20th  October 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 20th  October 2023. It includes all Major National, International, Business and Sports related current affairs of 20th  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 20th October 2023 Current affairs test.


Defence News

1. Indian Army Triumphs at 2023 Cambrian Patrol Exercise

  • The 3/5 Gorkha Rifles (Frontier Force) team of the Indian Army has clinched a gold medal and the top position at the prestigious 2023 Cambrian Patrol Exercise held in the United Kingdom.
  • Regarded as the military’s equivalent to the Olympic Games, the event tests patrolling skills among 111 teams, including 38 international special forces and military units.
  • Competitors navigate a rigorous 60-kilometer course in Wales under challenging conditions, completing various tactical assignments within 48 hours.

Economy News

2. IMF Predicts India’s Increased Global Economic Contribution

  • Krishna Srinivasan, Director of the IMF’s Asia & Pacific Department, projects India’s global economic growth contribution to rise from 16% to 18% in five years.
  • With the Asia region poised for significant growth, India is expected to drive nearly two-thirds of the global economic expansion.
  • India’s robust economy is forecasted to grow by 6.3% in the fiscal year 2023-24, aligning with the central government’s fiscal deficit target of 5.9%.

Business News

3. Tata Motors’ Strategic Investment in Freight Tiger

  • Tata Motors announces a ₹150 crore investment for a 27% stake in Freight Tiger, a leading logistics SaaS platform.
  • The deal includes a potential additional ₹100 crore investment contingent on future market conditions over the next two years.
  • Freight Tiger’s platform enables over 10 million transportation trips annually, offering freight tracking, carrier management, and digital documentation.

Important Days News

4. World Statistics Day Celebrated on October 20

  • The United Nations General Assembly declared October 20 as World Statistics Day to emphasize the importance of high-quality statistics in nation-building.
  • First established in 2015 following a proposal from the UN Statistical Commission, the day celebrates the achievements of national statistical systems.

5. World Osteoporosis Day – October 20

  • World Osteoporosis Day is observed annually to raise awareness about the prevention, diagnosis, and treatment of osteoporosis.
  • The 2023 theme, “Step Up for Bone Health – Build Better Bones,” highlights proactive steps for maintaining bone health.
  • Since 1996, the International Osteoporosis Foundation has been instrumental in promoting global awareness and preventative action.

6. International Chefs Day – October 20

  • International Chefs Day celebrates chefs and culinary professionals worldwide.
  • Initiated in 2004, the 2023 theme “Growing A Healthy Future” focuses on sustainable and healthy culinary practices.
  • The day encourages exploration of cooking and the importance of healthy eating habits.

Appointments News

7. Mohammed Shami Joins Puma as Brand Ambassador

  • Indian fast bowler Mohammed Shami has been welcomed as Puma’s new brand ambassador.
  • He will promote Puma’s range, including specially designed bowling spikes for fast bowlers.

Awards News

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8. ICAI Receives UN Award for Sustainability Reporting

  • The Institute of Chartered Accountants of India (ICAI) has been recognized with a UN award by UNCTAD for its contributions to sustainability reporting.
  • The award was presented during the World Investment Forum, highlighting ICAI’s global leadership in sustainable practices.

9. Jina Mahsa Amini Awarded EU’s Sakharov Prize 2023

  • Jina Mahsa Amini and the Iranian “Woman, Life, Freedom” movement have been awarded the EU’s Sakharov Prize 2023.
  • This recognition by the European Parliament commemorates Amini’s death and the global advocacy for women’s rights in Iran.

10. Shreya Ghoshal Wins Best Female Playback Singer at 69th National Film Awards

  • Shreya Ghoshal has been honored with her fifth National Film Award as the Best Female Playback Singer.</ li>
  • Her acclaimed career began with recognition for ‘Devdas’ in 2003.

Sports News

11. Indian GM Karthikeyan Murali Defeats World Champion Carlsen

  • Karthikeyan Murali, Indian chess grandmaster, achieved a remarkable victory over world champion Magnus Carlsen at the Qatar Masters.
  • This win highlights the emergence of Indian chess talents on the international scene.

12. Hyderabad EPrix Set for 2024 with Indian Driver Jehan Daruvala

  • The 2024 Hyderabad EPrix will feature Indian driver Jehan Daruvala, competing for Maserati MSG Racing and Mahindra Racing.
  • This event signifies a pivotal moment for motorsports in India and the international Formula E series.

Miscellaneous News

13. India Projected as Fourth-Largest Global Travel Spender by 2030

  • India’s tourism sector is predicted to become the fourth-largest spender in global travel with a budget of $410 billion by 2030.
  • Reports indicate a rapid post-pandemic recovery in tourism spending and substantial growth in travel by 2030.
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