Daily Current Affairs 23rd September, 2023

Daily Current Affairs 23rd September 2023: Your guide for daily General Knowledge Preparation

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This post contains important current affairs of 23rd September 2023. It includes all Major National, International, Business and Sports related current affairs of 23rd September 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 23rd September 2023 Current affairs test.

National Headlines

International Lawyers’ Summit Attended by Prime Minister Modi in New Delhi

Prime Minister Narendra Modi inaugurated the ‘International Lawyers’ Conference 2023’ today at Vigyan Bhawan, New Delhi. This event is organized by the Bar Council of India.
The summit, set for September 23-24, is the first of its kind in India and aims to facilitate discussions on ‘Emerging Challenges in the Justice Delivery System.’
It is designed to foster knowledge sharing among legal professionals and strengthen international ties while diving deep into various global and national legal issues.

Prime Minister Modi Initiates Construction of International Cricket Stadium in Varanasi

On his recent visit to Varanasi, Prime Minister Modi started the construction of an international cricket stadium at Ganjari, Rajatalab, aligning with his vision of premier sports infrastructure.
The stadium, with an estimated cost of Rs 450 crore, features architectural designs inspired by Lord Shiva including crescent roofs, trident light fixtures, and seating resembling the ghats.
He also attended the conclusion of the Kashi Sansad Sanskritik Mahotsav and inaugurated 16 Atal residential institutions in Uttar Pradesh.

Global Headlines

I2U2 Nations Launch a Joint Space Initiative

India, Israel, UAE, and the USA, known as the I2U2 alliance, have announced a collaborative space project, aiming to provide a unique space utility for multiple stakeholders.
This comes after India’s recent success in lunar exploration, bringing these space-focused nations together for a groundbreaking initiative.
The core of the project is to utilize the extensive space observational resources of these countries to develop a multi-functional tool.

Regional Updates

Assam’s Biswanath Ghat Wins ‘Best Tourism Village of India’ Title for 2023

Biswanath Ghat in Assam has been awarded the 2023 title of ‘Best Tourism Village of India’ by the Ministry of Tourism, following a rigorous evaluation of 791 entries nationwide.
The ghat, located south of Biswanath Chariali Town, is often termed ‘Gupta Kashi’ due to its historical temple and connections to the revered Gupta Era. The picturesque location features multiple temples, including a prominent Shiva shrine at the Bridhaganga and Brahmaputra confluence.

Defensive Bulletins

India’s DAC Approves Indigenous Dhruvastra Missile

The Defence Acquisition Council (DAC) of India has sanctioned several capital procurements, including the indigenous Dhruvastra air-to-surface missile.
This advanced missile, compatible with the domestically produced DHRUV MKIV helicopters, promises to significantly enhance India’s capabilities against armored threats.
Dhruvastra, a third-generation anti-tank missile system, is recognized for its versatility in neutralizing enemy armor, having a range from 500 meters to 7 kilometers.

Israel Unveils the Advanced Main Battle Tank: Merkava Mark 5

Israel has introduced its next-generation main battle tank, the Merkava Mark 5 or “Barak”, marking a significant leap in military and technological prowess.
The tank exemplifies Israel’s commitment to strengthening its defense systems. It elevates the previous Merkava models by incorporating state-of-the-art technologies.
The Barak tank is equipped with sensors that can transmit data to other military units, enhancing battlefield coordination and enemy detection.

Economic Dispatches

JP Morgan to Integrate Indian Government Bonds into its Emerging Market Index

JP Morgan Chase & Co. has decided to include Indian government bonds in its prominent emerging-market benchmark, a move expected to attract substantial foreign investment in India’s bond market.
This inclusion in the JP Morgan Government Bond Index-Emerging Markets will be effective from June 28, 2024. According to an official announcement, India’s representation will be limited to 10%.
The decision stems from India’s 2020 introduction of the FAR program and several market reforms aimed at foreign portfolio investments. A conducted survey showed strong support for this inclusion, with 75% of participants in favor.

Banking Briefs

Axis Bank Launches ‘NEO for Business’: A Specialized Banking Platform for MSMEs

Axis Bank has introduced ‘NEO for Business’, a groundbreaking Transaction Banking platform tailored to the evolving needs of Indian MSMEs.
This innovative digital solution is set to redefine business banking in India, offering a modern interface paired with top-notch security protocols.
Designed primarily for corporate clients, ‘NEO for Business’ provides a comprehensive range of digital banking services, ensuring MSMEs have access to a diverse array of products and services under one roof.

Summary:

Economic News

The Union Ministry of Finance estimates a 6.5% GDP growth for FY24. The Monthly Economic Review for August 2023 highlighted India’s impressive 7.8% economic growth in Q1 of FY24, attributing it to strong domestic demand and other economic factors. The government successfully managed inflation, recording a consumer food price inflation of 9.9% in August.

Business News

Gautam Adani aims to transform Dharavi, Asia’s largest slum, into a contemporary urban hub, supporting small businesses and generating job opportunities.

Important Days News

The United Nations has designated September 23rd as the International Day of Sign Languages to honor and preserve the linguistic and cultural heritage of the deaf community.

Schemes News

The Union Ministry of Agriculture & Farmers Welfare has rolled out an AI Chatbot for the Pradhan Mantri Kisan Samman Nidhi (PMKISAN) Scheme to assist beneficiaries and address their inquiries.

Ranks and Reports News

Zagorochoria villages on Mount Pindos in Epirus, Greece, have been added to the UNESCO World Heritage List.

Agreements News

Tata Consultancy Services (TCS) has partnered with Norway’s BankID BankAxept, the national payment and electronic identity system, to fortify Norway’s financial framework.

Sports News

Neeraj Chopra clinches a gold medal in the Tokyo World Athletics Championships, marking his second consecutive win after the Tokyo Olympics.

Environment and Ecology News

A recent scientific study conducted by the Indian Institute of Science reveals that rainfall patterns across the Indian subcontinent have shifted over the last century, primarily due to global warming.

Space and Technology News

NASA, in collaboration with SpaceX, is set to launch the ‘Gateway’ lunar outpost, laying the groundwork for future manned lunar missions and a potential Mars voyage.

India’s Social and Cultural News

Mumbai celebrates the 100-year anniversary of the iconic Gateway of India, marking it with extensive cultural events, concerts, and displays.

International News

Chinese President Xi Jinping commences a historic state visit to Japan, fostering bilateral ties and furthering discussions on strategic and regional matters.

Legal and Crime News

The Bombay High Court has upheld the death penalty for the accused in the Kopardi rape and murder case, citing the brutality of the crime as the key factor.

Political News

Union Home Minister Amit Shah embarks on a two-day visit to Jammu and Kashmir, reiterating the center’s commitment to restore complete normalcy in the region.

Science and Health News

The World Health Organization confirms that India has eradicated the Guinea worm disease, joining the ranks of nations that have eliminated this debilitating condition.

Obituaries