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CURRENT AFFAIRS DETAILS

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1 India slips 4 spots to 56th position in 2023 World Talent Ranking

Out of 64 economies, India has slipped four spots to 56th position, compared to its 52nd position in 2022, in the 2023 World Talent Ranking, according to the International Institute for Management Development (IMD) release.

Though the report, released on 27 September, acknowledges India's infrastructure improvements, it underscores the need for further enhancement in talent competitiveness.

29-Sep-2023 News in Details
2 Palak wins Gold, Esha wins Silver in 10 m air pistol shooting

The Indian contingent's unprecedented run in shooting at the ongoing Asian Games in Hangzhou continues as 17 year old Palak secured a gold medal while 18 year old Esha Singh secured a silver medal in the 10m air pistol women's individual final on Friday.

With an individual score of 242.1 points, Palak not only won the gold, but also established a new Asian Games record in her category, going past China's record from 2018.

29-Sep-2023 News in Details
3 India wins gold in men’s 50m rifle 3P team event with new WR at Asian Games 2023

Shooters Aishwary Pratap Singh Tomar, Swapnil Kusale and Akhil Sheoran clinched gold in men’s rifle 3P team event at the ongoing Asian Games in Hangzhou on Friday.

En route to their gold medal, the Indian shooters also broke the World Record after achieving a cumulative 1769 points, eight more than the previous record set by the United States in 2022 at the CAT championships.

29-Sep-2023 News in Details
4 Green Ammonia imported at VOC Port for the first time

Green Ammonia was imported through the V.O. Chidambaranar Port for the first time on Tuesday.

The Port successfully handled 3 x 20 ISO Green Ammonia containers, weighing 37.4 tons of Green Ammonia, from Damietta Port, Egypt, for Tuticorin Alkali Chemical and Fertilizers Limited (TFL).

Conventionally, Grey Ammonia is used for soda ash production. As part of its ‘Go Green’ initiative, TFL has imported Green Ammonia to produce green soda ash on a trial basis. Further, TFL has planned to import 2,000 tonnnes of Green Ammonia this year subject to its availability.

28-Sep-2023 News in Details
5 Odisha assembly passes land acquisition bill

The Odisha assembly on Wednesday passed four bills, including the land acquisition and resettlement one that will enable the government to exempt strategic and development projects from social impact assessments.

The bills were passed when members of the opposition BJP and Congress walked out from the House over some other issues. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Odisha Amendment) Bill, 2023, was first introduced in the assembly in March but withdrawn a month later following severe criticism. The land acquisition bill enables the government to exempt 'strategic and development projects' from social impact assessments and special provisions for safeguarding food security.

28-Sep-2023 News in Details
6 India 6G vision gets global play with acceptance by ITU Study Group

India's vision to have ubiquitous coverage under 6G technology has been accepted by UN body ITU's Study Group in its meeting held at Geneva-- a move that is expected to reduce the cost of deployment of the next generation technology. ITU is responsible for developing international mobile telecommunication standards.

"In the current meeting, despite resistance and attempts to reverse our progress by few member states, the Department of Telecommunications was able to successfully include 'Ubiquitous Connectivity' and ratify the framework document," an official statement said on Wednesday.

28-Sep-2023 News in Details
7 Intel appoints Gokul Subramaniam as India President

Intel has appointed Gokul Subramaniam as its India President, the company said in a statement on September 27. The appointment comes after Nivruti Rai, the company’s former India head, left the company after 29 years to assume the role of Managing Director and CEO at Invest India.

Rai joined investment promotion body Invest India in July after the post fell vacant as Deepak Bagla had stepped down.

As part of his new role, Intel said Subramaniam will be responsible for Intel's overall engineering and design operations in India, including driving innovation, cross-group efficiencies, and executing Intel products from the country.

28-Sep-2023 News in Details
8 Yes Bank appoints Manish Jain as Country Head-Wholesale Banking

Yes Bank on Wednesday announced that it has appointed Manish Jain as Country Head – Wholesale Banking of the bank effective today, after the resignation by Ravi Thota from the position of Country Head – Large Corporates. Ravi Thota, it said, has tendered his resignation on account of personal and other professional commitments. “The Bank has relieved Mr. Thota from his duties effective from close of business hours on September 26, 2023,” the bank said in a regulatory filing.

Manish Jain is a senior banking professional with three decades of work experience which includes 23 years with Standard Chartered Bank. He has worked in diverse geographical locations throughout India serving all client segments like large local corporates, strategic groups, middle market companies, supply chain finance, transaction banking sales, multinational corporates, financial institutions and SMEs.

28-Sep-2023 News in Details
9 Media Research Users Council India elects Jagran Prakashan’s Shailesh Gupta as chairman

Media Research Users Council India has elected Shailesh Gupta, wholetime director, Jagran Prakashan Ltd. and Shashank Srivastava, senior executive director, sales and marketing, Maruti Suzuki India Ltd., as chairman and vice chairman, respectively.

Gupta takes over the mantle from Shashidhar Sinha, CEO- India, Mediabrands, who served as MRUCI’s chairman for two consecutive terms--from 2021-2022 and 2022-2023.

28-Sep-2023 News in Details
10 Bhagat Singh 116th Birth Anniversary

Bhagat Singh, one of the most revered martyrs of the Indian independence movement, was born on September 28, 1907, in Banga, Punjab (present-day Pakistan). He was a fearless revolutionary who dedicated his life to the cause of freedom. Singh’s courage, sacrifice, and unwavering commitment to his ideals continue to inspire people around the world.

On his 116th birth anniversary today on Thursday, September 28, we celebrate his legacy and pay homage to his supreme sacrifice. Paying his tributes, Prime Minister Narendra Modi on Thursday shared a video on social media platform X, formerly Twitter, and posted: “Remembering Shaheed Bhagat Singh on his birth anniversary. His sacrifice and unwavering dedication to the cause of India’s freedom continue to inspire generations. A beacon of courage, he will forever be a symbol of India’s relentless fight for justice and liberty.”

28-Sep-2023 News in Details