Daily Current Affairs 31 August 2023, Important News Headlines (Daily GK Update)

Table of Contents

Read the most important current affairs of 31 August 2023. Today Current Affairs covers the headlines on Geetika Srivastava, International Mediation Panel, Miss Earth India 2023, World Sanskrit Day 2023, National Nutrition Week 2023.

Top 14 Current Affairs and News Headlines of 31 August 2023

State in News

1. Maharashtra Leads in Attracting FDI During 1st Quarter of FY 2023-24

In the first quarter of the fiscal year 2023-24, Maharashtra has emerged as the front-runner in attracting Foreign Direct Investment (FDI). Deputy Chief Minister Devendra Fadnavis proudly announced that the state secured the top position by attracting FDI amounting to Rs 36,634 crore.
This noteworthy achievement places Maharashtra ahead of other prominent states like Delhi, Karnataka, and Telangana, whose cumulative FDI values trail behind.

2. Tata Steel and ACME Group Join Forces For India’s Largest Green Hydrogen Project in Odisha

In a significant partnership, ACME Group, a prominent renewable energy company, has joined forces with Tata Steel Special Economic Zone Ltd. (TSSEZL) to establish an expansive green hydrogen and green ammonia project within Odisha’s Gopalpur Industrial Park.
This venture is poised to become the largest facility of its kind in India, marking a significant stride towards sustainable energy production.

Agreement News

3. NITI Aayog and UNDP Collaborate to Accelerate SDGs in India

The National Institution for Transforming India (NITI Aayog), the central think tank responsible for monitoring India’s progress towards Sustainable Development Goals (SDGs), and the United Nations Development Programme (UNDP) have signed a significant Memorandum of Understanding (MoU) aimed at expediting India’s journey towards achieving its SDGs.
This collaboration underscores the commitment to drive sustainable and inclusive development in the country.

Appointments News

4. Geetika Srivastava becomes India’s First Woman Charge d’Affaires In Pakistan

Geetika Srivastava, currently serving as joint secretary at the headquarters of the Ministry of External Affairs (MEA), will be India’s new chargé d’affaires at its high commission in Islamabad, Pakistan.
She will succeed Suresh Kumar, who is likely to return to New Delhi. After 77 years of Independence, India has appointed a female head of mission in Pakistan.

5. Former CJI NV Ramana appointed as member of International Mediation Panel

Former Chief Justice of India (CJI) N.V. Ramana has been appointed as member of the International Mediator Panel of Singapore International Mediation Centre (SIMC). Chairman of SIMC George Lim presented Justice Ramana the letter of appointment on Tuesday in Singapore. The former CJI is in Singapore to take part in the “Singapore Convention Week”, the annual convention organised by Singapore’s Ministry of Law, the United Nations Commission on International Trade Law (UNCITRAL) and over 20 partner organisations.
Justice Ramana met representatives of SIMC and four top Indian corporate majors Tata, Reliance, Mahindra and Aditya Birla groups, who came forward to sign ‘Declaration of Intent’ to support mediation at the initiative of Justice Ramana.

Banking News

6. Axis Bank Introduces ‘Infinity Savings Account’ with Zero Domestic Transaction Fees

Axis Bank, a prominent player in India’s private banking sector, has taken a groundbreaking step by launching the ‘Infinity Savings Account.’ This innovative savings account variant is designed to cater to the needs of digitally savvy customers who are avid users of subscription-based services.
With the ‘Infinity Savings Account,’ Axis Bank is set to redefine the banking experience, offering exclusive privileges and removing barriers that traditionally accompanied banking services.

7. Bandhan Bank Authorized by RBI for Civil Pension Disbursement

In a significant development, Bandhan Bank has been granted authorization by the Reserve Bank of India (RBI) to serve as an authorized pension disbursement bank.
This authorization is in association with the Central Pension Accounting Office (CPAO), a part of the Ministry of Finance. The bank is set to collaborate closely with the CPAO to initiate and streamline the process of disbursing civil pensions.

Defence News

Mahendragiri, India’s New Warship, to be launched in Mumbai on September 1

India’s defence sector is poised to achieve a significant milestone as the country’s latest warship, Mahendragiri, is set to be launched on September 1 at the Mazagon Dock Shipbuilders in Mumbai.
The launch of Mahendragiri, the seventh and final stealth frigate of Project 17A, symbolizes the remarkable progress India has made in constructing a self-sufficient naval force.
The launch of Mahendragiri is particularly significant as it coincides with India’s unwavering focus on achieving self-reliance in defence. Amid evolving power dynamics in the Indian Ocean Region (IOR), this launch gains added strategic importance.

Summits and Conferences News

9. India to host first-ever global AI summit in Oct, to boost innovation

India, as the current chair of the Global Partnership on Artificial Intelligence (GPAI) and the G20, is set to host the first-ever Global IndiaAI 2023 Summit on October 14 and 15.
This momentous event will bring together prominent figures in the field of Artificial Intelligence (AI), including researchers, startups, investors, and leading AI players, from around the world. The summit aims to bolster local innovation, showcase AI-enabled public infrastructure tools, and foster international collaboration.
Assuming the chairmanship of GPAI in November, India has gained an unprecedented chance to take the lead in emerging technology. This summit marks a pivotal moment for India to showcase its capabilities in AI and contribute significantly to shaping the global technology landscape.

Awards News

10. Kashmir to Host Miss World 2023 in December

In an exciting announcement, Julia Eric Morely, the CEO of Miss World, held a press conference in the picturesque region of Kashmir, India. The occasion marked the anticipation and preparation for the 71^st edition of the prestigious Miss World beauty pageant, which is scheduled to be hosted in India.
Morely’s words echoed the sentiment of excitement and emotion surrounding the event, saying, “Truthfully, I am so happy. It is emotional for us, to see such beauty.”

11. Rajasthan’s Priyan Sain Crowned Miss Earth India 2023

Priyan Sain clinched the title of Miss Earth India 2023 during the Miss Divine Beauty 2023 national final held on August 26 in New Delhi. The 20-year-old student, dancer, and taekwondo player from Jaipur, Rajasthan succeeds last year’s winner Vanshika Parmar, and will now prepare to represent India at the Miss Earth 2023 pageant in Vietnam this December.
She received her crown from reigning Miss Earth from Korea Mina Sue Choi who was invited as a special guest along with Miss Earth Air from Australia Sheridan Mortlock.

Sports News

12. India win inaugural Women’s Asian Hockey 5s World Cup Qualifier, beat Thailand 7-2 in final

On 28^th August, India defeated Thailand 7-2 in the final to win the inaugural Women’s Asian Hockey 5s World Cup Qualifier.
The final match witnessed an outstanding performance by the Indian side, as they triumphed over Thailand with an impressive score of 7-2.
This victory marked not only their Asian Cup but also secured their coveted spot in the forthcoming Women’s Hockey 5s World Cup 2024.

Important Days

13. World Sanskrit Day 2023: Date, Celebration, Significance and History

World Sanskrit Day, also referred to as International Sanskrit Day, Sanskrit Diwas and Vishwa Samskrita Dinam is observed on the day of Shravana Poornima in the Hindu calendar, which is also marked as Raksha Bandhan, which coincides with the moon.
This year we will be celebrating Sanskrit Diwas on Thursday, 31st August. The purpose of this day is to raise awareness and promote Sanskrit, one of Indias oldest languages. Sanskrit holds importance as it serves as the foundation, for classical texts in disciplines such, as Literature, Philosophy, Mathematics and Science.

14. National Nutrition Week 2023: Date, Importance and History

National Nutrition Week is an annual observance in India that takes place from 1st to 7th September. During this week, the nation comes together to raise awareness about the significance of proper nutrition and its role in maintaining a healthy lifestyle.
This event serves as a reminder for individuals and communities to focus on their dietary habits and overall well-being.

Important Current Affairs of 31st August 2023

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