Current Affairs – October 31 2023

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Current Affairs – October 31 2023

1. Tata Motors Wins ₹766 Crore Arbitration Award in Singur Plant Dispute

Tata Motors has secured a significant ₹766 crore arbitration award from the West Bengal Industrial Development Corp. Ltd (WBIDC), concluding a prolonged dispute stemming from the closure of its Singur plant in 2008.

This plant was intended for manufacturing the Nano, the world’s most affordable car.

Tata Motors initially invested in the Singur project to create the “people’s car” at an affordable ₹1 lakh price tag.

2. Vigilance Awareness Week 2023 Celebrates on 30 Oct – 05 Nov 2023

The Central Vigilance Commission (CVC) in India has initiated the Vigilance Awareness Week 2023, which will run from October 30 to November 5, 2023.

The theme for this year’s awareness week is “Say no to corruption; commit to the Nation”.

The Vigilance Awareness Week 2023 began with a significant event – the administration of the integrity pledge. Shri Praveen Kumar Srivastava, Central Vigilance Commissioner, and Shri Arvinda Kumar, Vigilance Commissioner, led this ceremony.

3. National Unity Day or Rashtriya Ekta Diwas 2023

India’s first home minister, Vallabhbhai Patel, was affectionately called “Sardar” (chief) due to his exceptional leadership skills that played a pivotal role in guiding the nation through its struggle for independence and post-independence challenges.

One of his most remarkable achievements was the integration of the princely states into the newly independent India, a feat that earned him the title “Iron Man of India.” To commemorate his legacy and contributions, the Government of India declared his birth anniversary on October 31 as National Unity Day or Rashtriya Ekta Diwas.

4. Assam Former minister, retired teacher Sarat Barkotoky passes away

The state of Assam is in mourning as it bids farewell to a prominent political figure, Sarat Barkotoky, a former MLA, and minister who passed away in the early hours of October 30.

Barkotoky, known for his unwavering dedication to the Indian National Congress, had a long and distinguished political career, having served as a minister of state in former Chief Minister Hiteswar Saikia’s cabinet.

5. Lionel Messi wins eighth Ballon d’Or 2023

Lionel Messi and Aitana Bonmati have been honored as the 2023 Ballon d’Or recipients. Messi secures his eighth Ballon d’Or, setting a new record, thanks to his pivotal role in leading Argentina to their first World Cup victory since 1986.

This remarkable achievement places Messi three Ballons d’Or ahead of his rival Cristiano Ronaldo, who last won the award in 2017. Messi has now been a top-three finalist for this prestigious accolade a total of 14 times, with five instances as the runner-up.

6. FATF Removes Cayman Islands From Its ‘Grey List’

The Financial Action Task Force (FATF), an inter-governmental body responsible for setting international standards to combat money laundering, terrorist financing, and proliferation financing, has recently made headlines by removing several countries from its ‘grey list’ while adding another.

The FATF maintains a ‘grey list,’ which consists of jurisdictions that do not meet the organization’s anti-money laundering (AML), counter-terrorism financing (CFT), and proliferation financing standards.

Countries placed on this list are subject to increased monitoring until identified deficiencies in their regulatory frameworks are resolved.

7. SBI Ropes in Cricket Icon MS Dhoni as Brand Ambassador

The State Bank of India (SBI), the nation’s largest lender, has appointed the legendary cricketer Mahendra Singh Dhoni as its official Brand Ambassador. Dhoni, who is widely regarded as one of India’s greatest cricket captains, will assume a crucial role in various marketing and promotional campaigns for SBI.

This development reflects SBI’s commitment to engaging with a younger, more diverse customer base. List of companies and products androse by MS Dhoni such as Oreo, India Cements, Dream11, and Reebok in 2023.

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