Current Affairs – October 27 & 28 2023

Current Affairs – October 27 & 28 2023. Read and Download daily, the latest Current Affairs Quiz 2023 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month-wise Daily Current affairs 2023 PDF and Current affairs quiz PDF .


Current Affairs – October 27 & 28 2023

1. Tata to Become India’s First iPhone Manufacturer as Wistron Approves Factory Sale

The Tata Group has taken a significant step towards manufacturing and assembling Apple iPhones in India for domestic and international markets.

This move follows the acquisition of Wistron’s operations in India, marking a groundbreaking development in the Indian electronics manufacturing sector.

Union Minister Rajeev Chandrasekhar announced this major venture, highlighting the Tata Group’s ambition to become a key player in the global electronics industry.

2. RBI Approves MobiKwik’s Zaakpay To Operate As Payment Aggregator

The Reserve Bank of India (RBI) has granted in-principle authorization to Zaakpay, the secure payment gateway arm of MobiKwik to operate as a payment aggregator.

This authorization paves the way for Zaakpay to onboard new merchants onto its platform, facilitating quick and easy processing of online payments.

Zaakpay offers over 100 different payment methods, including UPI, debit and credit cards, net banking, and mobile wallets, catering to the evolving needs of consumers and businesses alike.

Zaakpay collaborates with various brands in e-commerce, mobility, and bill payments, making it a versatile solution for businesses across multiple sectors.

3. JioSpaceFiber: India’s First Satellite-Based Gigabit Broadband Service

Reliance Jio Infocomm Ltd, India’s leading telecommunications provider has introduced ‘JioSpaceFiber’ satellite broadband service.

This groundbreaking initiative was officially unveiled at the India Mobile Congress and represents the nation’s first satellite-driven giga fiber service.

The primary goal of this satellite broadband service is to extend high-speed internet access to previously underserved and remote regions in India.

4. Former Chinese Premier Li Keqiang Passed Away At The Age Of 68

Li Keqiang, the former premier of China, passed away due to a sudden heart attack on October 27, 2023.

Aged 68, he concluded his career in March 2023 after completing two terms in office alongside Chinese President Xi Jinping.

The leader of the State Council of the People’s Republic of China, commonly referred to as the Chinese premier, holds the position of the country’s head of government and also leads the State Council.

This role represents the second-highest authority in China’s political hierarchy, ranking below the general secretary of the Chinese Communist Party/president of China, and commands the highest position in the central government’s civil service.

The premier’s term is five years in duration and can be renewed.

5. Hindustan Aeronautics Limited (HAL) and Safran to Make Aircraft Engine Parts

In a significant development for the aviation industry, Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines, a leading French aero engine design, development, and manufacturing company, have signed a Memorandum of Understanding (MoU) aimed at fostering industrial cooperation and collaboration.

This strategic partnership encompasses various key areas within the aviation sector and marks a pivotal moment in India’s aerospace landscape.

6. Republican Mike Johnson Elected New US House Speaker

Mike Johnson, a relatively lesser-known Republican from Louisiana, has been elected as the new speaker of the US House of Representatives.

He has earned the nickname “MAGA Mike” among his hard-right colleagues, a reference to Trump’s campaign slogan “Make America Great Again”, which continues to be associated with Trumpian ideals.

Addressing the House after his election, Johnson promised to quickly move forward on conservative priorities, such as support for Israel and border security.

7. International Day of Care and Support 2023 Celebrates on 29 October

This 29 October marks the UN’s first official International Day for Care and Support, which recognizes the legacy of the first International Day for Care founded four years ago by trade unions to accelerate public investment in to the care economy.

The International Day of Care and Support is an opportunity to recognize and celebrate the work of care and support workers, and to advocate for policies and investments that support a resilient and inclusive care economy.

8. Rajasthan govt launched the ‘iStart Talent Connect Portal’

Rajasthan government unveiled the ‘iStart Talent Connect Portal’ at Jaipur’s Techno Hub. This new portal is a significant addition to the state’s flagship initiative, iStart Rajasthan, and is a collaborative effort with the Jaipur-based startup, HyreFox.

The ‘iStart Talent Connect Portal’ has been developed as a user-friendly platform to cater to the needs of both job providers and job seekers. It not only facilitates talent discovery but also allows companies to post job openings and connect with potential employees.

9. Zomato Introduces Maternity Insurance Plan for Women Delivery Partners

Zomato has taken a big step to support its women’s delivery partners by introducing a maternity insurance plan. The goal is to make the Zomato community more welcoming and helpful for these women and their families during pregnancy. This initiative is the first of its kind in the industry.

Rakesh Ranjan, the CEO of Zomato’s Food Delivery division, mentioned, “By launching Comprehensive Maternity Insurance for Gig Workers, we aim to provide additional support to our partners during their motherhood journey, strengthening our dedication towards their well-being and financial security.

10. Swiss Watchmaker ‘Rado’ Appoints Katrina Kaif As Global Brand Ambassador

Luxury Swiss watch brand, Rado, a brand known for its excellence in watchmaking has welcomed none other than Bollywood sensation Katrina Kaif as its Global Brand Ambassador.

Rado watches have consistently captivated enthusiasts with their innovative designs and commitment to quality. Adrian Bosshard, the CEO of Rado also expressed his enthusiasm about this association.


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