Daily Current Affairs 4 October 2023, Important News Headlines (Daily GK Update)

Read the most important current affairs of 4 October 2023. Today Current Affairs covers the headlines on Uganda Airlines To Initiate Direct Flight Service To Mumbai, Tallest B.R. Ambedkar To Be Unveiled In North America, World Animal Welfare Day 2023.

Top 23 Current Affairs and News Headlines of 4 October 2023

International News

1.Uganda Airlines To Initiate A Thrice-Weekly Direct Flight Service To Mumbai

• On 3 October, Uganda Airlines announced a significant milestone in its operations by commencing direct flight services between Mumbai’s Chhatrapati Shivaji Maharaj International Airport and Entebbe International Airport in Uganda.
• This development marks a historic moment as it reconnects India and Uganda with a non-stop air service after more than 50 years of hiatus. The maiden flight for this route, UR 430, is scheduled to take off from Entebbe on 7 October, with the return flight, UR 431, departing from Mumbai on 8 October.
• Uganda Airlines will operate this direct service between Mumbai and Entebbe thrice a week, utilizing its Airbus A330-800 neo aircraft. The flight will offer passengers a three-class configuration, comprising Business Class with 20 seats, Premium Economy with 28 seats, and Economy Class with 210 seats. This variety of seating options ensures that travelers have choices that suit their preferences and needs.

2.Tallest Statue Of B.R. Ambedkar To Be Unveiled In North America On October 14

• The tallest statue of the ‘Architect of the Indian Constitution,’ B.R. Ambedkar, known as the ‘Statue of Equality,’ is set to be unveiled in Maryland on October 14. The memorial symbolizes the enduring ideals of equality and human rights, reflecting the core principles that Dr. B.R. Ambedkar stood for throughout his life.
• Standing at a towering height of 19 feet, the ‘Statue of Equality’ is a testament to the enduring impact of Dr. B.R. Ambedkar’s work. This monumental sculpture is poised to become the largest statue of Babasaheb outside of India.
• The ‘Statue of Equality’ is the creation of the distinguished artist and sculptor Ram Sutar. Mr. Sutar is renowned for his exceptional craftsmanship and previously sculpted the iconic ‘Statue of Unity’ dedicated to Sardar Vallabhbhai Patel.

3.India Participates in the 5th Meeting of Moscow Format

• In a significant diplomatic gathering held in the Russian City of Kazan, representatives from various countries convened for the fifth meeting of the Moscow Format Consultation on Afghanistan.
• The primary focus of this high-level meeting was to discuss the ongoing situation in Afghanistan, with an emphasis on regional security and the integration of Afghanistan into border regional economic processes.
• One of the key outcomes of the meeting was a collective call on the Taliban to establish a government system that is “truly inclusive” and represents the interests of all key ethnopolitical groups within the country. Additionally, the participants urged the Taliban to intensify their efforts in counter-terrorism and anti-drug activities.

State News

4.Jammu And Kashmir’s Renowned Pashmina Craft Receives GI Tag

• Basohli Pashmina, an age-old traditional craft originating from the picturesque district of Kathua in Jammu and Kashmir, has recently earned the prestigious Geographical Indication (GI) tag.
• Basohli Pashmina is renowned for its exceptional softness, fineness, and feather-like weight. Crafted by skilled artisans using traditional hand-spinning techniques, this exquisite fabric has been a symbol of luxury and elegance for over a century. Its hallmark is its remarkable ability to provide warmth without adding bulk, making it an ideal choice for cold climates and discerning fashion enthusiasts.
• The Department of Industries and Commerce, in collaboration with NABARD Jammu and Human Welfare Association, Varanasi, played a pivotal role in securing the GI tag for Basohli Pashmina. This achievement was the result of concerted efforts to preserve and promote this craft, recognizing its cultural significance and economic potential.

Defence News

5.J&K Lt Governor Flags Off CRPF Women Bike Expedition ‘Yashasvini’ From Srinagar

• The Central Reserve Police Force (CRPF) kick-started an all-female bikers’ expedition rally named ‘Yashasvini‘ from Srinagar to Gujarat on Tuesday. The rally, an ode to women empowerment, was flagged off from the iconic Ghanta Ghar near the city center of Lal Chowk in Srinagar.
• This all-female cross-country bike rally is not just an ordinary road trip; it’s a testament to determination and strength. Covering a staggering distance of 2134 kilometers, the rally will traverse through 40 districts, spanning across 15 states and Union Territories.
• During this incredible journey, the three teams from Srinagar, Shillong, and Kanyakumari will engage with various target groups as part of the “Beti Bachao Beti Padhao” initiative. They will interact with school children and college girls, women self-help groups, cadets of the National Cadet Corps (NCC) and anganwadi workers to inspire and empower women across diverse age groups and backgrounds.

6.IAF To Stop Flying MiG-21 By 2025: Air Chief Marshal VR Chaudhari

• Amidst its ongoing efforts to modernize and replace its aging Russian-origin aircraft, the Indian Air Force (IAF) has announced plans to retire its iconic MiG-21 fighter jets and replace them with the indigenous Light Combat Aircraft (LCA) Mark 1A.
• The Air Chief Marshal confirmed that the MiG-21 fighter aircraft would cease operations by 2025, with the LCA Mark 1A being the replacement of choice. The MiG-21 has been a stalwart of the Indian Air Force for over six decades.
• During the press conference, it was announced that the legendary MiG-21 would participate in what might be its final flypast anywhere in the world. The aircraft has played a pivotal role in safeguarding India’s airspace and has been instrumental in various missions and operations.

7.India and Bangladesh annual joint military exercise “SAMPRITI” begins

• India and Bangladesh commenced the 11th edition of their annual joint military exercise, SAMPRITI, in Umroi, Meghalaya. SAMPRITI-XI involves the participation of 170 personnel from the Bangladesh contingent, led by Brigadier General Mohammed Mafizul Islam Rashed, Commander of the 52 Bangladesh Infantry Brigade.
• Since its inception in Jorhat, Assam, in 2009, SAMPRITI has successfully conducted ten editions until 2022. SAMPRITI-XI, spanning 14 days, engages approximately 350 personnel from both sides, emphasizing the significance of enhancing interoperability, sharing tactical drills, and promoting best practices.
• The history of SAMPRITI dates back to 2009, when it was first established as a platform for joint military exercises between India and Bangladesh. Over the past decade, this initiative has witnessed substantial growth, becoming a symbol of the strong defence ties between the two nations.

8.IAF’s Ambitious Rs 3 Lakh Crore Weapon Procurement Plan: A Strategic Investment in India’s Defense

• Air Chief Marshal VR Chaudhari announced that the Indian Air Force (IAF) is set to procure a range of weapon systems, including aircraft, helicopters, and missiles, with an estimated cost ranging from Rs 2.5 lakh crore to Rs 3 lakh crore over the next six to seven years.
• The majority of the equipment will be sourced from Indian industry, aligning with the government’s ‘Atmanirbhar Bharat’ (self-reliant India) initiative. The IAF is investing in force multipliers, including AI-based decision tools, electronic warfare equipment, robust networks, and space and cyber capabilities.
• The IAF will acquire 97 additional Tejas light combat aircraft Mark-I at an estimated cost of Rs 67,000 crore, supplementing the previous procurement of 83 such aircraft among others.

Economy News

9.India’s Manufacturing PMI Hits 5-Month Low in September

• In September, India’s manufacturing sector saw a notable slowdown, reaching a five-month low, as reported by the seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI). This index slipped to 57.5 from 58.6 in August, indicating a deceleration in activity.
• One of the key factors contributing to the slowdown was a decrease in new orders during September, compared to the previous month. While input cost inflation reached its lowest point in over three years, firms raised their output charges at a pace higher than the long-run average.
• Despite the slowdown in various aspects of manufacturing activity, firms expressed the highest level of optimism regarding their business prospects for the year ahead in 2023.

10.World Bank Retains India’s FY24 GDP Growth at 6.3% Amidst Challenges

• Despite substantial external challenges, India’s economy remains robust, prompting the World Bank to maintain its growth forecast for the fiscal year 2023-24 at 6.3%. This decision reflects India’s remarkable resilience within a demanding global environment.
• India’s economic resilience is underpinned by key factors, including strong domestic demand, significant public infrastructure investments, and a strengthening financial sector. Notably, bank credit growth has surged to 15.8% in the first quarter of FY23/24, indicating a healthy financial environment.
• Auguste Tano Kouame, the World Bank’s Country Director in India, emphasized the need for stimulating private investments through public spending. Creating favorable conditions for India to leverage global opportunities is crucial for achieving higher growth in the future.

11.World Bank Raises India’s Retail Inflation Forecast To 5.9% For FY24

• The World Bank, in its latest India Development Update, has revised its retail inflation forecast for India for the fiscal year 2023-24. The new projection stands at 5.9 percent, up from the earlier estimate of 5.2 percent made in April. This upward revision is attributed to certain factors which caused a sharp increase in food prices in July 2023.
• The World Bank highlighted the impact of abnormal rainfall on food prices during the monsoon season. While there was a temporary easing of food prices in August, the bank expects this situation to continue to influence headline inflation throughout the fiscal year.
• The World Bank’s updated estimates come ahead of the RBI’s monetary policy review, scheduled for October 6. With food inflation now under control, it is anticipated that the RBI will maintain the status quo. In its August policy review, the central bank had projected retail inflation to be 5.4 percent for FY24.

Important Days News

12.World Animal Welfare Day 2023

• World Animal Day, also known as World Animal Welfare Day, is a global initiative celebrated annually on October 4th. This day serves as an International Day of Action, advocating for the rights and welfare of animals.
• The choice of this date coincides with the feast day of Francis of Assisi, the patron saint of animals. This event unites animal lovers worldwide, raising awareness and fostering a sense of responsibility towards the well-being of animals.
• The theme for World Animal Day 2023, “Great or Small, Love Them All,” emphasizes the importance of acknowledging animals as sentient beings. It underscores the need to elevate global animal care standards and advocates for animal rights universally.

13.Breast Cancer Awareness Month 2023

• Breast Cancer Awareness Month is observed throughout the entire month of October each year. During this time, individuals, healthcare organizations, and nonprofits collaborate to raise awareness and promote breast cancer prevention and treatment.
• The primary objective of this month-long campaign is to raise awareness about breast cancer, promote early detection, support those affected by the disease, and raise funds for research, prevention, and treatment. It serves as a reminder of the importance of regular breast examinations and mammograms to detect breast cancer at an early, more treatable stage.
• Breast Cancer Awareness Month was established in the early 1980s to promote breast cancer awareness, early detection, and support for individuals and families affected by the disease. Since then, it has become a global movement that has contributed to increased awareness and improved outcomes for breast cancer patients.

14.World Teachers’ Day 2023

• World Teachers’ Day, observed annually on October 5th, is a global celebration dedicated to honoring the invaluable contributions of teachers to society. This day serves as an opportunity to recognize the vital role teachers play in shaping the future and to address the challenges they face.
• World Teachers’ Day is a momentous occasion to celebrate how teachers are catalysts for educational transformation. Teachers have the unique opportunity to make a lasting impact on the lives of their students, shaping sustainable futures and finding personal fulfillment in their vocation.
• World Teachers’ Day was inaugurated on October 5, 1994, marking the 30th anniversary of the 1966 conference. Since then, it has grown into a globally recognized annual event that honors teachers and their contributions to education.

15.National Wildlife Week 2023

• The National Zoological Park recently kick-started the celebration of the 69th Wildlife Week, a significant event aimed at raising awareness about the importance of wildlife conservation in India.
• This year’s theme, “Partnerships for Wildlife Conservation,” reflects the collaborative efforts required to protect and preserve the nation’s rich biodiversity.
• The festivities coincide with the birth anniversary of Mahatma Gandhi, reinforcing the principles of Ahinsa (non-violence) and compassion for all living beings. The choice of dates for Wildlife Week, spanning from October 2 to October 8, holds deep symbolism.

Schemes News

16.Prime Minister Narendra Modi Inaugurates Tourist Facilities in Nathdwara

• Prime Minister Shri Narendra Modi inaugurated several key projects in Nathdwara, Rajasthan, which included the ‘tourist facilities at Nathdwara.’ These projects were funded by the Ministry of Tourism as part of the Krishna circuit of the Swadesh Darshan scheme.
• The Ministry of Tourism allocated a substantial budget of Rs. 23.59 Crore for the development of tourism facilities in Nathdwara. Notably, a tourism interpretation cum cultural center was developed at a cost of Rs. 13.43 Crore.
• The interpretation center serves as an informative hub about Shrinathji (Lord Krishna) and Shri Vallabhacharyaji, the revered devotee and founder of Pushtimarg, a major branch of the Vaishnava sect. At this center, tourists can delve into various aspects of Shrinathji’s life, including his journey from Goverdhan to Nathdwara, divine acts, worship rituals, adornment, appearances, festivals, and related customs.

17.PM SVANidhi Scheme Surpasses 50 Lakh Beneficiaries Mark

• The Prime Minister Street Vendor’s AtmaNirbhar Nidhi, or PM SVANidhi scheme, has achieved a significant milestone by providing assistance to over 50 lakh street vendors across the country. Street vendors have long been essential contributors to the urban informal economy, offering vital goods and services to urban residents.
• Administered under the Ministry of Housing and Urban Affairs, this scheme has been instrumental in integrating street vendors into the formal economic sector, offering them new opportunities for upward mobility.
• Launched on June 1st, 2020, the PM SVANidhi Scheme is a micro-credit initiative aimed at providing collateral-free working capital loans of up to 50 thousand rupees to urban street vendors. This visionary scheme not only bolsters the livelihoods of street vendors but also contributes to the formalization of the urban informal economy, aligning with the government’s broader economic goals.

Appointments News

18.PayU elevates Anirban Mukherjee as Global CEO

• Anirban Mukherjee, the Chief Executive Officer (CEO) of PayU India, has been promoted to the role of global CEO of PayU. Anirban Mukherjee will be taking over from Laurent Le Moal, who has decided to step back from the day-to-day operational management of the business. However, Le Moal will continue to be involved with Prosus and PayU in an advisory capacity.
• In his new role as Global CEO, Anirban Mukherjee will be entrusted with the overall business operations of PayU on a global scale. His reporting line will directly lead to Ervin Tu, the interim CEO of Prosus and Naspers, the parent company of PayU. This move signifies a pivotal moment in PayU’s journey as it gears up to shape the future of the global digital payments industry.
• PayU India claims to serve over 450,000 merchants, work with more than 70 large banks through its paytech platform called Wibmo and provide credit facilities to over 2 million customers in India. The company’s business in India continues to grow and it plays a vital role in the country’s dynamic fintech sector.

Awards News

19.Nobel Prize in Chemistry 2023 awarded to Moungi G. Bawendi, Louis E. Brus and Alexei I. Ekimov

• Moungi G. Bawendi, Louis E. Brus and Alexei I. Ekimov were awarded Nobel Prize in Chemistry 2023 “for the discovery and synthesis of quantum dots”.
• Quantum dots now illuminate computer monitors and television screens based on QLED technology. They also add nuance to the light of some LED lamps, and biochemists and doctors use them to map biological tissue.
• The Nobel Prize in Chemistry 2023 rewards the discovery and development of quantum dots, nanoparticles so tiny that their size determines their properties. The Nobel Prize amount for 2023 is set at Swedish kronor (SEK) 11.0 million per full Nobel Prize.

Sports News

20.Asian Games 2023, India Team wins archery mixed team compound gold

• Indian players Jyothi Surekha Vennam and Pravin Ojas Deotale won gold in the Compound Archery Mixed Team. India has made its mark at the Asian Games 2023, excelling in specific sports that brought a total of 71 medals for the country.
• The duo defeated the South Korean pair of So Chaewon and Joo Jaehoon 159-158 at the Fuyang Yinhu Sports Centre Final Field. This is the first gold for Archery in the ongoing Asian Games.
• India have now won 16 gold, 26 silver and 29 bronze medals in the Hangzhou Games and have a chance to add to add more to their tally. China is currently on top with 164 golds, 90 silvers and 46 bronze medals. Japan and South Korea are second and third in the list.

21.Asian Games 2023, Annu Rani wins gold in women’s javelin throw

• India’s Annu Rani won the gold medal in the women’s javelin throw with a 69.92m throw at the Asian Games 2023 in Hangzhou. She became the first Indian woman to win a javelin gold in Asian Games history.
• Rani started with a 56.99m throw in her first attempt and followed it with a 60+ in the next one. Her 61.28m throw in the second attempt put her in the medal contention but her 62.92m throw in the fourth attempt turned out to be sufficient for a gold. Rani’s first-place finish secured India its 15th gold.
• Sri Lanka’s Nadeesha Dilhan Lekamge Hatarabage, with 61.57 metres throw, and China’s Huihui Lyu, with 61.29 metres throw, won silver and bronze, respectively.

22.Parul Chaudhary wins 5000m gold

• Parul Chaudhary has become the third Indian track and field athlete to win gold at the 2023 Asian Games, winning the women’s 5000m.
• Parul hanged back for much of the race before breaking away from the rest of the pack with Japan’s Ririka Hironaka ahead of her. Parul has added to the silver medal she won in the 3000m women’s steeplechase. Parul on Tuesday registered a time of 15:14.75.
• Parul’s gold is India’s third from track and field at the 2023 Asian Games, adding to the medals won by shotputter Tajinderpal Singh Toor and men’s 3000m steeplechase winner Avinash Sable. This was India’s 14th gold at the Games. The Indian athlete overtook Japan’s Ririka Hironaka in the last 20-25 metres of the race to claim the yellow metal.

23.ICC Names Sachin Tendulkar As ‘Global Ambassador’ for ODI World Cup 2023

• The International Cricket Council (ICC) has made an exciting announcement on Tuesday, designating the legendary cricketer Sachin Tendulkar as the ‘Global Ambassador‘ for the highly anticipated Cricket World Cup 2023. This prestigious event is scheduled to kick off tomorrow in the vibrant city of Ahmedabad, India.
• Sachin Tendulkar holds the record for participating in six 50-over World Cups. His association with this global cricketing spectacle goes back decades, from being a ball boy in 1987 to donning the Indian jersey in numerous editions. Sachin’s legacy and his passion for the game make him the perfect choice to unveil the World Cup trophy before the inaugural match.
• The Cricket World Cup 2023 will officially commence with a grand ceremony before the first match between England and New Zealand. Sachin Tendulkar’s presence on this occasion will undoubtedly add a touch of cricketing magic, marking the beginning of what promises to be a thrilling tournament.

Important Current Affairs of 4 October 2023

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