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Daily Current Affairs 28th December 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 28th December2023. It includes all Major National, International, Business and Sports related current affairs of 28th 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 28th December2023 Current affairs test.


National News

1. Visva-Bharati University’s Discovery of Growth-Enhancing Bacterial Strain

  • Researchers from the botany department at Visva-Bharati University have discovered a new bacterial strain, ‘Pantoea Tagorei,’ named in honor of Rabindranath Tagore. This strain has shown potential in enhancing plant growth.
  • ‘Pantoea Tagorei’ offers a promising alternative to commercial fertilizers, potentially leading to significant cost savings and higher crop yields for farmers.

2. Gwalior’s Historic Musical Assembly: 1500 Tabla Players Gather

  • In a remarkable musical event, Gwalior, known for its rich musical tradition, hosted 1500 tabla players at the Karna Mahal in Gwalior Fort.
  • This significant assembly, named ‘Tabla Darbar,’ was a key feature of the ‘Tansen Samaroh’ music festival and drew high-level attention, including from Madhya Pradesh’s Chief Minister, Dr. Mohan Yadav.

3. ‘MedTech Mitra’ Initiative Launched by Health Minister

  • Dr. Mansukh Mandaviya, Union Minister of Health and Family Welfare and Chemicals & Fertilizers, unveiled ‘MedTech Mitra,’ aimed at nurturing young MedTech innovators.
  • This initiative is designed to support these innovators in their research and assist them in obtaining necessary regulatory approvals for their healthcare solutions.

4. Karnataka Launches ‘Namma Cargo’ Service

  • Ramalinga Reddy, Karnataka’s Transport Minister, inaugurated the ‘Namma Cargo’ service, a new venture by the Karnataka State Road Transport Corporation (KSRTC).
  • Beginning with 20 cargo trucks, the service aims to expand rapidly, reaching 100 trucks in the first month and further expanding to 500 trucks within a year.

Business News

5. Coca-Cola’s Extended Partnership with ICC

  • Coca-Cola has solidified its relationship with international cricket by securing an eight-year partnership as the global cricket partner of the International Cricket Council (ICC) until the end of 2031.
  • This deal extends the company’s previous five-year agreement, affirming its significant presence in the cricketing world.

International News

6. 2023’s ‘Word of the Year’ Selections from Various Dictionaries

  • The Oxford Dictionary chose “Rizz,” a term signifying natural charm, as its Word of the Year for 2023. Meanwhile, Merriam-Webster selected “Authentic,” emphasizing the importance of genuineness.
  • Collins Dictionary picked “AI” (artificial intelligence) for its growing influence, and both Cambridge Dictionary and agreed on “Hallucinate” as their top choice.

7. Pakistan’s Advancement in Missile Capabilities: Testing of Fatah-II

  • Pakistan has successfully conducted a test of its advanced Fatah-II guided multi-launch rocket system, marking a significant step in enhancing its missile technology.
  • With a range of 400 kilometers, Fatah-II improves upon the previous Fatah-1 system, offering greater strategic and operational advantages.

Appointments News

8. C S Rajan Appointed as Kotak Mahindra Bank’s Part-Time Chairman

  • The Reserve Bank of India has approved the appointment of C S Rajan as the part-time Chairman of Kotak Mahindra Bank, starting January 1, 2024, for a two-year term.
  • This appointment follows the end of Prakash Apte’s tenure as the current chairman on December 31, 2023.

Banking News

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9. IDFC and IDFC First Bank’s Reverse Merger Approved by RBI

  • The Reserve Bank of India has given the green light for the reverse merger of IDFC Ltd with IDFC First Bank.
  • As part of the merger, IDFC shareholders will receive 155 shares of IDFC First Bank for every 100 shares they hold.

10. Bank of Baroda to Divest Its Entire Stake in New Zealand Subsidiary

  • Bank of Baroda has announced its decision to sell its 100% stake in its New Zealand subsidiary, continuing its strategy of reducing international operations.
  • This follows the bank’s earlier exits from Hong Kong, South Africa, and a branch closure in the UAE.
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