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Daily Current Affairs 6th October 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 6th October 2023. It includes all Major National, International, Business and Sports related current affairs of 6th 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 6th October 2023 Current affairs test.

 

Domestic Headlines

1. PATA Travel Mart 2023 Inauguration in New Delhi

  • The Pacific Asia Travel Association (PATA) Travel Mart 2023 was unveiled in New Delhi, hosted by the Indian Ministry of Tourism.
  • The event, scheduled from October 4-6, 2023, at the International Exhibition-cum-Convention Centre in Pragati Maidan, marks its return after a three-year hiatus due to the pandemic.
  • The travel mart is set to feature events like the PATA Gold Award and the PATA Forum on Sustainability. It remains a significant hub for B2B communications.

2. Establishment of the National Turmeric Board

  • The central government of India has announced the creation of a dedicated board for turmeric and related products.
  • This board aims to set up processing units, assist in exports, and focus on R&D, traditional turmeric products, ensuring their quality and safety.
  • India, accounting for 62% of the global turmeric market, has major cultivating states like Tamil Nadu, Telangana, and Karnataka. The board’s export target for 2030 stands at one billion.

Regional News

3. Devastating Floods in Sikkim Following Glacial Lake Overflow

  • An unexpected flood triggered by the South Lhonak lake overflow in Sikkim has resulted in seven casualties as of October 4, with several more injured or missing.
  • This catastrophe led to the collapse of the Chungthang dam, causing extensive damage to the neighboring regions.
  • The Chungthang dam, a vital component of Sikkim’s primary hydro project, faced a massive breach due to the intense water surge.

4. Inauguration of 4th EMRS Cultural & Literary Fest in Dehradun by Arjun Munda

  • Shri Arjun Munda, the Minister for Tribal Affairs, inaugurated the 4th Eklavya Model Residential Schools National Fest in Dehradun on October 3, 2023.
  • Hosted at Maharana Pratap Sports College and graced by the presence of Uttarakhand’s Chief Minister, this fest offers a platform for tribal students.
  • Witnessing participation from over 2000 students across 22 states, the four-day event is set to include more than 20 diverse activities.

Military Updates

5. First LCA Trainer Aircraft Delivered to IAF by HAL

  • HAL has presented the first trainer model of the Light Combat Aircraft Tejas to the Indian Air Force (IAF).
  • Out of the total order of 40 aircraft, IAF has already inducted 32, with two LCA squadrons operational. The remaining eight are trainers, with an expectation of seven more to be delivered by March 2024.
  • The Tejas trainer aircraft incorporates advanced technologies, including sophisticated cockpit systems and cutting-edge composite materials.

Financial News

6. Surge in Diesel Exports from India to Europe in September 2023

  • India witnessed a significant rise in diesel exports to Europe in September 2023, registering a considerable year-over-year increase.
  • The monthly exports amounted to approximately 333,000 bpd, marking a 47% increase from the previous month and a 57% rise on a YoY basis.
  • This surge is attributed to constrained supplies from the Middle East and the US, coupled with heightened demand in Europe.

7. GPF Interest Rate Remains Unchanged at 7.1% by the Government

  • The government has announced the retention of the GPF interest rate at 7.1% for the forthcoming quarter, maintaining its rate for 15 consecutive quarters.
  • This stable interest rate is applicable across several government provident funds, encompassing sectors like Railways and Defense.
  • While certain small savings rates have experienced hikes, the Public Provident Fund rate has remained consistent since early 2020-21.

Corporate Briefs

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8. Coca-Cola India Introduces Fully Recycled PET Bottles

  • Coca-Cola India has launched 100% recycled PET bottles for its primary brand, available in sizes of 250 ml and 750 ml.
  • This environmentally conscious step aligns with the global objective of Coca-Cola to reduce its ecological footprint.
  • By the year 2030, Coca-Cola envisions recycling an equal number of bottles and cans as it sells and aims to achieve 100% recyclable packaging by 2025.

Global Observances

9. Commemoration of World Teachers’ Day 2023

  • World Teachers’ Day is celebrated annually on October 5th, recognizing the profound contributions of educators globally.
  • The theme for 2023 accentuates the importance of quality educators, titled “The Teachers We Need for the Education We Want: The Global Imperative to Reverse the Teacher Shortage.”
  • Initiated in 1994, this day marks the 30th anniversary of a 1966 convention and continues to gain worldwide significance each year.

Data and Findings

10. Annual Global Infrastructure Losses Due to Climate Change Intensification

  • The Coalition for Disaster Resilient Infrastructure has released a report highlighting the significant annual losses experienced by global infrastructure due to the impacts of climate change.
  • This document underscores the substantial challenges encountered by middle and low-income nations in maintaining resilient infrastructures.
  • Estimated annual damages in primary infrastructure sectors range between USD4 to 8 billion, with transport and utilities accounting for a majority.
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