Daily Current Affairs October 20 2023 | Latest News | Download PDF

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Dear Readers, get to know the daily current affairs today covering all the National & International Events provided here in this article. Current Affairs is an important topic in various competitive exams like IBPS/SBI/PO/Clerk and other competitive exams. To score better in this section, be updated with the daily happenings. Check the Daily Current Affairs October 2023 updates here. Revision is very important in remembering current affairs. Candidates after learning the Daily current affairs October 20 2023, can test their knowledge by attempting Current Affairs Quiz provided with answers. Daily current affairs October 20 2023 covers current affairs from International & National news, Important Days, State News, Banking & Economy, Business News, Appointments & Resignation, Awards & Honour, Books & Authors, Sports News, etc.,

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CURRENT AFFAIRS : BANKING & FINANCE

Sberbank Registers as the First Russian Bank with Sebi as a Foreign Portfolio Investor (FPI) – NSDL

  • According to data available on the website of National Stock Depository (NSDL), Sberbank of Moscow (Russia) has become the first Russian bank to register with the Indian markets regulator Securities and Exchange Board of India (SEBI) as a foreign portfolio investor (FPI).
  • Sberbank of Russia, a state-owned bank which already has a presence in India, registered with the Indian markets regulator for a Category I FPI licence last week.

Key Highlights :

  • FPIs with category I licence have to follow less lenient beneficial ownership disclosures, can subscribe to overseas derivative instruments which have Indian stocks as underlying and also enjoy certain taxation benefits.
  • Category I FPI Criteria: Category I FPI registration is typically granted to government or government-related foreign investors and regulated entities such as banks, sovereign wealth funds, investment trusts, pension funds, and asset management companies.
  • Taxation Benefits: FPIs with Category I licenses enjoy certain taxation benefits in India.
  • Total Russia-Based FPIs: Sberbank’s registration brings the total number of Russia-based FPIs in India to5 .
  • The others are primarily non-bank entities.
  • Existing Russia-Based FPIs: Prior to Sberbank, Alfa Capital Management, First Asset Management, Igor Noskov, and Vesvolod Rozanov had been granted FPI registrations.
  • RBI Approval: Sberbank received approval from the Reserve Bank of India (RBI) in May 2010 to set up a branch in India (New Delhi, Delhi).
  • It commenced its banking operations in India from January 2011.
  • Bilateral Trade Facilitation: Sberbank serves as a significant partner for Indian and Russian companies, facilitating bilateral trades and financial services.

Small Industries Development Bank of India and Global Alliance for Mass Entrepreneurship onboards the first cohort of small NBFCs to accelerator programme ‘NBFC Growth Accelerator Program’                                         

  • Small Industries Development Bank of India (SIDBI), the principal institution of financial lending for Micro Small and Medium Enterprises (MSMEs), and Global Alliance for Mass Entrepreneurship (GAME), a mass entrepreneurship enablement platform, have announced onboarding the first cohort of small or lower-rated non-banking financial companies (NBFCs) to their NBFC Growth Accelerator Program (NGAP).

About NGAP :

  • NGAP launched in June 2023, this five-month accelerator program aims to build the capacity of small NBFCs and assist them in accessing institutional credit at competitive interest rates.

Key Highlights :

  • Role of Small NBFCs: Small or lower-rated NBFCs are well-suited for funding new-to-credit and micro-enterprises, particularly in remote and underserved areas.
  • They play a crucial role in providing essential financing for the sustainable development of the Micro, Small, and Medium Enterprises (MSME) sector.
  • The programme will offer mentorship from domain experts on verticals such as risk, operations, and
  • It will facilitate peer learning, reviews, and networking through several in-person and virtual sessions.
  • The Global Alliance for Mass Entrepreneurship (GAME) has a mission to catalyse a nationwide entrepreneurial movement and create favourable conditions for the growth of both existing and new enterprises.
  • The ultimate goal is to generate 50 million new jobs in India by 2030.

Recent News :

  • In June 2023, the Global Alliance for Mass Entrepreneurship (GAME) and Small Industries Development Bank of India (SIDBI) joined forces to introduce the NBFC Growth Accelerator Program (NGAP).

About Small Industries Development Bank of India :

  • Established : 2 April 1990
  • Headquarters : Lucknow, Uttar Pradesh, India
  • Chairman & MD : Sivasubramanian Ramann
  • The SIDBI is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India.
  • It is under the jurisdiction of the Ministry of Finance , Government of India (GoI).

E Magazine

CURRENT AFFAIRS: NATIONAL NEWS

PM Modi to inaugurate India’s first Regional Rail RAPIDX from Sahibabad in Uttar Pradesh

  • Prime Minister Narendra Modi will inaugurate India’s first Regional Rail, RAPIDX from Sahibabad, Uttar Pradesh.
  • The first phase will cover a distance of 17 kilometers which includes a total of five stations – Sahibabad, Ghaziabad, Guldhar, Duhai, and Duhai Depot.
  • The trains will run at a speed of 160 kilometres per hour at an interval of 15 minutes.

Key Highlights

  • The RAPIDX train has six coaches with the capacity to carry about one thousand 700 commuters.
  • One coach has been reserved for women passengers.
  • The First Train in both directions will commence operations at 6 AM and the Last Train to depart from stations in both directions.
  • The service for general passengers will be operational. Each RAPIDX train will also have one Premium coach with a host of additional commuter-centric features like reclining seats, coat hooks, magazine holders and footrests.
  • The train will have a host of commuter-centric features for a safe and comfortable regional commute.
  • These include 2×2 transverse seating, luggage racks, CCTV cameras, mobile charging facility and auto control ambient lighting system.
  • Unified Payments Interface (UPI) enabled ticket vending machines have been installed at Stations to purchase paper QR tickets and recharge the National Common Mobility Card. The passengers can also purchase tickets from the Ticket counters at the RAPIDX stations.

redRail makes real-time train info accessible via WhatsApp

  • WhatsApp users in India can now access railway-related information by chatting with redRail’s innovative Railbot or via the redRail app.
  • According to redRail, the rail ticketing platform from redBus and an IRCTC authorised partner, this industry-first feature enables travellers and non-travellers to access real-time train information, keeping them informed about their train journeys.
  • redRail’s WhatsApp Railbot can be activated by sending a ‘Hi’ to redRail’s Railbot number (+91 9538039911).
  • Prakash Sangam, CEO, redBus.

About redRail

  • redRail by redBus is an online railway ticket booking platform that allows you to book tickets for your preferred trains in just a few minutes

Indian government to sell up to 7% stake in HUDCO

  • The Indian government will sell up to a 7% stake in state-run housing finance company, Housing and Urban Development Corp.(HUDC.NS), through an offer for sale.
  • The Indian government owns 81.81% in the housing finance company, and the sale of a 7% stake may help it to raise about 11 billion rupees ($132.20 million).
  • Government will divest 7% equity including a green sho e option of 3.5%.
  • The federal government has so far garnered 69.5 billion rupees by selling shares in public sector units in 2023/24, compared with a target of 510 billion rupees.
  • The government had been able to garner ₹6,950 crore, primarily from selling a 3% stake in Coal India Ltd, 5.36% in Rail Vikas Nigam Ltd and 4.92% share sale in SJVN Ltd.

About HUDCO:

  • The Housing and Urban Development Corporation Limited, abbreviated as HUDCO, is an Indian public sector undertaking engaged in housing finance and infrastructure project finance.
  • Headquarters: New Delhi.

India to skip China’s Belt and Road Forum for a third time

  • India has decided to skip the BRI meet and India did not attend the summits in 2017 and 2019, having raised concerns about the BRI.
  • Russian President Vladimir Putin is expected to attend the Belt and Road Forum (BRF) in Beijing, with the Russian leader also present at the previous two summits in 2017 and 2019.
  • The two-day Belt and Road Forum for International Cooperation (BRFIC) is being held by China amid criticism that the loans amounting to billions of dollars for unsustainable projects turned out to be debt traps for smaller countries like Sri Lanka, driving them into a deep economic crisis.
  • This year marks the completion of 10 years of the Belt and Road Initiative (BRI), the pet project of President Xi Jinping.
  • India has concerns over the flagship China-Pakistan Economic Corridor (CPEC) project which runs through Pakistan-occupied Kashmir.

About BRI

  • The Belt and Road Initiative (BRI), also known as the One Belt, One Road (OBOR) Initiative, is a massive infrastructure and economic development project launched by the People’s Republic of China in 2013.
  • The initiative aims to promote economic cooperation and connectivity among countries primarily in Asia, Europe, and Africa, through the construction of infrastructure networks, including roads, railways, ports, and pipelines, as well as the development of trade and investment corridors.

The Belt and Road Initiative consists of two main components:

  • The Silk Road Economic Belt: This land-based component seeks to connect China to Europe through a network of roads and railways that traverse Central Asia and the Middle East.
  • The 21st Century Maritime Silk Road: This sea-based component aims to link China to Southeast Asia, South Asia, Africa, and Europe through a network of ports and shipping routes.
  • The concerns over the BRI projects grew louder after China took over Sri Lanka’s Hambantota Port on a 99-year lease as a debt swap in 2017. Several other countries, including Malaysia and even Beijing’s all-weather ally Pakistan, have expressed a wish to cut down Chinese projects over debt concerns.
  • BRI projects include China-Bangladesh Friendship Bridges, special economic zones (SEZs), the $689.35 million-Karnaphuli River tunnel project, upgradation of the Chittagong port, and a rail line between the port and China’s Yunnan province.

CURRENT AFFAIRS: INTERNATIONAL NEWS

EAM S. Jaishankar chairs the Regional Conference of India’s ASEAN and East Asia Ambassadors in Singapore

  • The Regional Conference of India’s ASEAN and East Asia Ambassadors was chaired by External Affairs Minister Dr S Jaishankar in Singapore.
  • Dr Jaishankar stated that the discussions focused on reviewing the region’s recent developments and assessing their impact on India. He also mentioned that the perspectives shared by the Ambassadors were helpful inputs for policy-making.
  • Dr Jaishankar is currently on a two-day official visit to Singapore.
  • India and Singapore have a long-standing partnership, which was upgraded to a Strategic Partnership in 2015.
  • This year, both countries had several Ministerial meetings on the sidelines of the G20 held under India’s Presidency, where Singapore was invited as a guest country.
  • Singapore’s Prime Minister Lee Hsien Loong also visited New Delhi in September to attend the G20 Summit.
  • During his visit, the External Affairs Minister will be meeting with his Singaporean counterpart as well as the country’s top leadership.

CURRENT AFFAIRS: STATE NEWS

PM Modi to launch 511 Pramod Mahajan Grameen Kaushalya Vikas Kendras in Maharashtra

  • Prime Minister Narendra Modi will be launching 511 Pramod Mahajan Grameen Kaushalya Vikas Kendras in Maharashtra via video conferencing.
  • These Kendras are being established across 34 rural districts in the state and are aimed at conducting skill development training programs across various sectors to provide employment opportunities to rural youth.
  • Each Kendra will train around 100 youngsters in at least two vocational courses, with the training being provided by empanelled industry partners and agencies under the National Skill Development Council.
  • The establishment of these Kendras will help the region develop more competent and skilled manpower.
  • According to the state Government, the number of centers is likely to increase in the future, which will enable more opportunities for skill development and employment for the rural youth.

Arvind Kejriwal approves electric bike taxis in Delhi

  • Delhi Chief Minister Arvind Kejriwal approved the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme 2023, a policy aimed at regulating cab aggregators and delivery service providers in the national capital.
  • Delhi has become the first state/UT in India, and among very few cities globally, to mandate a time-bound transition of commercial vehicle fleets of aggregators, delivery service providers and e-commerce entities to zero-emission electric vehicles.
  • The scheme also paves the way for the launch of electric bike taxi services in Delhi.
  • The Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme 2023 highlights the city’s efforts to transition to sustainable and efficient transportation, benefiting both the environment and its citizens.
  • The entire vehicle fleet of all the aggregators, delivery service providers and e-commerce entities in Delhi will go electric by 2030.
  • All existing or new operators must obtain a license within 90 days of the scheme’s notification or before commencing operations.
  • Licenses will be valid for five years, with annual fees applicable, and zero fees in case of electric vehicles.
  • Additionally, a 50% rebate is provided for vehicles that are less than two years old.
  • The scheme is stringent in enforcing compliance, with violations attracting monetary penalties ranging from Rs 5,000 up to Rs 1,00,000 per instance.

Minister Rajeev Chandrasekhar to inaugurate project “Heartland Tripura”

  • Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT Shri Rajeev Chandrasekhar will inaugurate project “Heartland Tripura,” a skill development initiative in collaboration with Deloitte and the National Institute of Electronics and Information Technology (NIELIT) in Agartala.
  • The project will be launched at the Rabindra Satabarshiki Bhawan in Agartala and will aim to provide skill development and employment opportunities to undergraduate students in engineering and non-engineering disciplines.
  • “Heartland Tripura” is being implemented by Deloitte in association with NIELIT, Agartala, with the support of the Government of India and the Government of Tripura.
  • The inauguration will also be attended by Km. Pratima Bhoumik, Minister of State, Social Justice and Empowerment, Government of India, as the guest of honor, and Smt Santana Chakma, Minister of Industries & Commerce, Jail (Home), and Welfare of OBCs, Government of Tripura, as a special guest.

Key Highlights:

  • The “Heartland Tripura” project will deliver a specific set of skill development certification courses through NIELIT-Agartala for the state. Select professionals will also have the opportunity to be selected for internships, which could lead to promising job prospects after they successfully complete the certification and internship requirements.
  • The certification courses offered under “Heartland Tripura” will cover a wide range of new-age technical and professional development skills, such as cybersecurity, internal audit, and analytics, as well as softer skills such as business communication and executive presence.
  • Minister Shri Rajeev Chandrasekhar last visited Agartala in June to review the progress of the International Railway Station at Charipara.

CURRENT AFFAIRS: AWARDS AND HONOURS

REC Limited honoured with Golden Peacock Award in Risk Management

  • REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has been recognized for its exceptional performance in risk management with the esteemed Golden Peacock Award, given by the Institute of Directors (IOD).
  • The Golden Peacock Award in Risk Management highlights REC’s continued commitment to implementing effective risk assessment strategies, thereby contributing to the organization’s sustainable growth and resilience in a competitive business landscape.
  • The Golden Peacock Awards, established by the Institute of Directors (IOD), India in 1991, has emerged as an internationally acclaimed standard for corporate excellence.
  • REC Limited was selected by the jury panel headed by former Chief Justice of India, Justice M. N. Venkatachaliah.

About REC Limited

  • REC Limited is an NBFC focusing on Power Sector Financing and Development across India. Established in 1969, REC Limited has completed over fifty years of operations. It provides financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives and private sector utilities. Its business activities involve financing projects in the complete power sector value chain; for various types of projects including Generation, Transmission, Distribution and Renewable Energy. REC’s funding illuminates every fourth bulb in India. REC has recently diversified into financing infrastructure and logistics sector as well.

CURRENT AFFAIRS: APPOINTMENTS AND RESIGNATION

World Steel Association elects Leon Topalian as Chairman, India’s T V Narendran as Vice Chairman

  • Global body Worldsteel has elected Leon Topalian as its Chairman and India’s T V Narendran as one of its vice-chairmen.
  • Topalian is the President & CEO of Nucor Corporation and Narendran is the MD & CEO of domestic steel giant Tata Steel.
  • Jeong-Woo Choi, the CEO of POSCO Holdings, was also elected as a Vice Chairman, according to the World Steel Association’s (worldsteel) list of newly elected officers and members.
  • The association also appointed Narendran to the Executive Committee alongwith JSW Steel CMD Sajjan Jindal and ArcelorMittal Executive Chairman L N Mittal.
  • The Board of Members has elected the Executive Board of Directors for the 2023/2024 period.
  • The individuals on the Executive Board of Directors will hold office for one year.
  • While Mark Vassella, MD & CEO of BlueScope Steel Ltd has been elected as Treasurer, Timoteo Di Maulo, CEO of Aperam has been elected as Chairman of Worldstainless.

About World Steel

  • World Steel acts as the focal point for the steel industry, providing global leadership on all major strategic issues impacting the industry, particularly focusing on economic, environmental, and social sustainability.
  • Its members represent approximately 85 per cent of the world’s steel production, including more than 160 steel producers, national and regional steel industry associations and steel research institutes.
  • Established in 1967, it is one of the largest industry representations in the world and is headquartered in Brussels.

CURRENT AFFAIRS: MOUS AND AGREEMENT

India-US’ joint declaration, MEITY moves fast and signs MoU with IBM on Quantum, AI & Semiconductor

  • IBM has announced the signing of three Memoranda of Understanding (MoUs) with three entities engaged with the Ministry of Electronics and Information Technology (MeitY) to advance and accelerate innovation in AI, Semiconductor and quantum technology for India.
  • This body of work will aim to accelerate India’s comprehensive national strategy for AI, strengthen efforts to be self-reliant in Semiconductors and advance its National Quantum Mission.
  • These MoUs will help MeitY access IBM’s expertise to build and advance India’s Competency and scale its growth mission in the AI, semiconductor and quantum industries.
  • This collaboration reinforces our commitment to be the trusted partner for India in Enhancing its innovation capabilities.
  • Supporting the government’s efforts in building Infrastructure, enhancing human capital and knowledge creation in these three areas of Technology will be integral to India’s digital transformation and economic growth

The activities are intended to focus on the following:

  • IBM and IndiaAI – Digital India Corporation intend to collaborate to establish a world-class national AI Innovation Platform (AIIP) for India that will focus on AI skilling, ecosystem development, and integrating advanced foundation models and generative AI capabilities to support India’s scientific, commercial, and human-capital development in this technology. AIIP will serve as an accelerator for incubation and competency development in AI technologies and their applications for use cases of national importance. AIIP would have access to relevant capabilities of IBM’s Watsonx platform including the ability to use models in language, code and geospatial science with the intent to train models for other domains as needed.
  • IBM would be a knowledge partner of India Semiconductor Mission (ISM) for a semiconductor research center. IBM may share its experience with ISM on intellectual property, tools, initiatives, and skills development, aimed at promoting innovation in semiconductor technologies such as logic, advanced packaging and heterogeneous integration, and advanced chip design technologies, using modernized infrastructure.
  • IBM and Centre for Development of Advanced Computing (C-DAC) will also explore opportunities for working together to support the advancement of India’s National Quantum Mission by building competency in quantum computing technology, applications in areas of national interest, and a skilled quantum workforce. Activities would broadly focus on: workforce enablement; development of industries and startups; R&D; and quantum services and infrastructure.

CURRENT AFFAIRS: DEFENCE NEWS

Indian Navy’s Advanced Light Helicopter reaches Sri Lanka Air Force base

  • The Indian Navy’s Advanced Light Helicopter has arrived at the Sri Lanka Air Force base in Katunayake.
  • This state-of-the-art helicopter will be utilized to train pilots of the Sri Lanka Air Force (SLAF) and the Sri Lanka Navy (SLN), thus strengthening the defence cooperation between the two countries.
  • The program aims to familiarize SLAF pilots with the ALH and provide them with valuable co-pilot experience.
  • Additionally, the training team is scheduled to conduct Deck Landing Practice on SLN ships.
  • Notably, the indigenous ALH was previously deployed in March 2022 in Sri Lanka, which successfully enhanced SLAF pilots’ co-piloting skills during deck landings.
  • This initiative aligns with India’s ‘Neighbourhood First Policy’ and emphasizes the commitment to bolster regional capacities.
  • The training highlights the fostering of closer interoperability and streamlined execution of joint Maritime Operations.

21st India-France Military Sub-Committee meeting held in New Delhi

  • The 21st edition of the India-France Military Sub Committee (MSC) meeting was held at Air Force Station, New Delhi.
  • The meeting was co-chaired from the Indian side by Air Vice Marshal Ashish Vohra, Assistant Chief of Integrated Staff, (Military Cooperation) at HQ IDS and Major General Eric Peltier, General Officer, International Military Relations of the Joint Staff from the French side.
  • India-France MSC is a forum established to progress defence cooperation between both nations through regular talks at strategic and operational levels between HQ, Integrated Defence Staff and the Joint Staff HQ of the French Armed Forces.
  • The meeting was conducted in a friendly, warm and cordial atmosphere.
  • The discussions focussed on new initiatives under the ambit of existing bilateral defence cooperation mechanisms and strengthening ongoing defence engagements.

CURRENT AFFAIRS: IMPORTANT DAYS

National Solidarity Day: 20th October

  • On 20th October, National Solidarity Day 2023 is observed.
  • This day serves for the war bravery, honouring the War soldier’s family and honouring the defence armed forces in Military, Navy and Air soldiers.

History:

  • War took place between India and China in 1962. It was called the Indo-China War of 1962.
  • The war took place for the Kashmir border issue and the war started on 20th October 1962.
  • The war took place for one month and it finally ended on 21st November 1962.
  • In that War, India lost to China and many Indian soldiers were captured.
  • So India Finally China occupied some parts of Kashmir which was named COK – China Occupied Kashmir.
  • A treaty has been signed that India will not enter into COK and it belongs to China.
  • In 1966, India was under the Prime Minister Indira Gandhi.
  • A Committee Constituting Prime Minister Indira Gandhi decided to dedicate 20th October as “National Solidarity Day” for the war remembrance , for honouring the Soldiers who participated in the war and for honouring the soldier’s families who sacrificed their life in the war.

World Osteoporosis Day 2023 Theme and History: 20th October

  • World Osteoporosis Day 2023 is observed on the 20th of October

Themes:

  • This year, 2023, the World Osteoporosis Day Theme is “Build Better Bones”

History

  • World Osteoporosis Day was launched on October 20, 1996, by the United Kingdom’s National Osteoporosis Society and supported by the European Commission.
  • Since 1997, this awareness day has been organized by the International Osteoporosis Foundation(IOF).
  • It is very interesting to see that prior to 1994, osteoporosis wasn’t even considered a major disease.
  • But in 1998, two prominent organizations committed to educating the public about osteoporosis, combined together to create the International Osteoporosis Foundation
  • The Founding of the IOF was a combination of the joint efforts of the European Foundation for Osteoporosis created in 1987 and the International Federation of Societies on Skeletal Diseases (IFSSD), which was started in 1995.
  • By bringing these Organisations together under a single umbrella, there was a better focus and co-mingling of resources for the world Scientists and other Health organizations who are working on Osteoporosis.

Daily CA One- Liner: October 20

  • According to data available on the website of the National Stock Depository (NSDL), Sberbank of Moscow (Russia) has become the first Russian bank to register with the Indian markets regulator Securities and Exchange Board of India (SEBI) as a foreign portfolio investor (FPI).
  • Small Industries Development Bank of India (SIDBI), the principal institution of financial lending for Micro Small and Medium Enterprises (MSMEs), and Global Alliance for Mass Entrepreneurship (GAME), a mass entrepreneurship enablement platform, have announced onboarding the first cohort of small or lower-rated non-banking financial companies (NBFCs) to their NBFC Growth Accelerator Program (NGAP).
  • Prime Minister Narendra Modi will inaugurate India’s first Regional Rail, RAPIDX from Sahibabad, Uttar Pradesh
  • WhatsApp users in India can now access railway-related information by chatting with redRail’s innovative Railbot or via the redRail app
  • The Indian government will sell up to a 7% stake in state-run housing finance company, Housing and Urban Development Corp.(HUDC.NS), through an offer for sale.
  • India has decided to skip the BRI meet and India did not attend the summits in 2017 and 2019, having raised concerns about the BRI.
  • The Regional Conference of India’s ASEAN and East Asia Ambassadors was chaired by External Affairs Minister Dr S Jaishankar in Singapore.
  • Prime Minister Narendra Modi will be launching 511 Pramod Mahajan Grameen Kaushalya Vikas Kendras in Maharashtra via video conferencing.
  • Delhi Chief Minister Arvind Kejriwal approved Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme 2023, a policy aimed at regulating cab aggregators and delivery service providers in the national capital.
  • Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT Shri Rajeev Chandrasekhar will inaugurate project “Heartland Tripura,” a skill development initiative in collaboration with Deloitte and the National Institute of Electronics and Information Technology (NIELIT) in
  • REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has been recognized for its exceptional performance in risk management with the esteemed Golden Peacock Award, given by the Institute of Directors.
  • Global body Worldsteel has elected Leon Topalian as its Chairman and India’s T V Narendran as one of its vice-chairmen.
  • IBM has announced the signing of three Memoranda of understanding (MoUs) with three entities engaged with the Ministry of Electronics and Information Technology (MeitY) to advance and accelerate innovation in AI, Semiconductor and quantum technology for India.
  • The Indian Navy’s Advanced Light Helicopter has arrived at the Sri Lanka Air Force base in Katunayake.
  • The 21st edition of the India-France Military Sub Committee (MSC) meeting was held at Air Force Station, New Delhi.
  • On 20th October, National Solidarity Day 2023 is observed
  • World Osteoporosis Day 2023 is observed on the 20th of October

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