Today’s Current Affairs
10th February 2023 Current Affairs are incorporated with the important news that made the current affairs headlines for banking, UPSC or other competitive exams. Daily Current Affairs is the complete bag of important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the Top News of the Day for 10th February 2023 to help you prepare the Latest Current Affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.
Here is the Current Affairs 10th February 2023 covering the following news headlines: Quad Nations, South Africa, Indore Municipal Corporation, Bajaj Finance, Global Investors Summit 2023, Kenya Ladies Open Title 2023.
1. Pakistani PM approves IMF deal, Geo reports, without giving details
Pakistan’s Prime Minister Shahbaz Sharif has approved a deal with the International Monetary Fund (IMF) and all matters over the bailout programme are settled, citing sources. Cash-strapped Pakistan had been due to wrap up talks with the IMF in a bid to unlock stalled funds from a $6.5 billion bailout to ward off economic meltdown.
2. Quad Nations begins Public Campaign To Improve Cyber Security
The commencement of a public campaign to strengthen cyber security in these four countries has been announced by The Quad, a plurilateral structure made up of India, Australia, Japan, and the US. Internet users are encouraged to join the challenge and make a commitment to adopt safe and responsible online behaviours, according to the National Security Council Secretariat.
3. Tokamak Energy Built First Super Magnets for testing in nuclear plant
Oxford-based Tokamak Energy created a new generation of high temperature superconducting (HTS) magnets and are being manufactured and tested in situations that are pertinent to fusion power plants. Strong magnetic fields are needed to contain and manage the extremely hot, positively-charged hydrogen fuel, which creates a plasma several times hotter than the sun, in order to produce clean, sustainable fusion energy.
4. South Africa declares ‘State of Disaster’ over electricity crisis
In order to speed up the government’s reaction to an ongoing energy crisis, South African President Cyril Ramaphosa proclaimed a state of Disaster. He also promised to designate a minister in his office who will concentrate on increasing the supply of power. The central bank reduced its estimate of economic growth for 2023 from 1.1% to 0.3% last month and expects blackouts to subtract two percentage points from output growth.
5. Supreme Court back to full strength with two more High Court Justices
India’s Supreme Court is now back to its full strength of 34, with the elevation of two High Court Chief Justices to the apex court. The last time the apex court was at its full strength was in September-November 2019. The Chief Justices of the Allahabad High Court and the Gujarat High Court are the latest additions to the 34-judge collegium. Chief Justice Rajesh Bindal and Chief Justice Aravind Kumar were recommended to the Supreme Court Collegium last month.
6. Drugmaker Pfizer Ltd appoints Meenakshi Nevatia to lead India business
Drugmaker Pfizer Limited has announced the appointment of Meenakshi Nevatia as an Additional Director and Managing Director for five years. She comes in the place of S Sridhar, who announced his early retirement in August 2022. Sridhar, the current India country President, will step down as Managing Director and board member from March 31, 2023.
7. Samsung Research Unit and IISc Partnered to Boost India Semiconductor R&D
Samsung Semiconductor India Research (SSIR) has announced a new partnership with the Indian Institute of Science (IISc) to promote research and development in the field of on-chip Electrostatic Discharge (ESD) Protection. Samsung India announced that it will hire around 1000 engineers for its R&D institutes, including its Samsung Semiconductor India Research in Bengaluru last year.
8. India’s first-ever municipal bond issue for retail opens
Indore Municipal Corporation (IMC) has launched India’s first public issue of municipal bonds intending to raise up to Rs 244 crore to fund a solar power project. This would be the first time a municipal body is targeting individual investors in India. The base issue size is Rs 122 crore with an option to retain an oversubscription of up to Rs 122 crore, aggregating up to a limit of Rs 244 crore.
9. Bajaj Finance Launched Insurance Mall for Easy-Buy Experience
Bajaj Finance launches Insurance Mall for its customers to ensure an Easy-buy experience. The new portal offers a plethora of policies and plans in the core insurance segment and also the company’s one-of-its-kind category of Pocket Insurance and Subscription. Insurance Mall launched by Bajaj Finance has over 250 policies and plans designed to meet the needs of every customer, and these products are constantly updated to guarantee to remain relevant.
9. India’s New Infrastructure Institution Plans Debut $610 Million Bond
India’s newly created infrastructure-financing institution is planning a maiden bond issue of 50 billion rupees in the next quarter. The managing director at the National Bank for Financing Infrastructure and Development, India’s new development finance institution, Rajkiran Rai informed that the institution aims to test the market in terms of pricing with the small issuance.
10. Digital credit to be introduced this year; NRIs in 10 countries to get UPI service
According to Telecom and IT Minister Ashwini Vaishnaw, the government has said that it will provide a digital credit facility this year in a similar manner to how it introduced the Unified Payments Interface (UPI). Even modest street sellers will be able to use the programme to obtain credit from banks. The National Payments Corporation of India (NPCI) will play a significant role in the rollout of digital credit this year and over the course of the following 10 to 12 months.
Ranks and Reports News
11. India Ranked among Top Five accreditation systems in the world: Report
India’s national accreditation system under the Quality Council of India (QCI) has been ranked 5th in the world in the recent Global Quality Infrastructure Index (GQII) 2021. The GQII ranks the 184 economies in the world on the basis of the quality infrastructure (QI). The Quality Council of India (QCI) stated that it is proud to be acknowledged as one of the world’s top five accreditation systems. It noted that it would help pave the way for collaborations that aim to improve the quality of infrastructure.
Summits and Conferences News
12. PM Modi Inaugurates Global Investors Summit 2023 in Lucknow
Prime Minister Narendra Modi inaugurated the Uttar Pradesh Global Investors Summit 2023 in Lucknow. The 10-12 February event is expected to be attended by several ministers of the Union and the state government and a host of leading industrialists. The event is important for the state which initially set a target to attract investment proposals of Rs 10 lakh crore at the UPGIS-2023, and later revised it to Rs 17.3 lakh crore.
13. Indian Golfer Aditi Ashok Won Kenya Ladies Open Title 2023
Indian Olympian Aditi Ashok won the 2023 Magical Kenya Ladies Open Title with a final-round score of 74. This is the fourth Ladies’ European championship of Aditi Ashok overall. Her first LET title comes after winning the Fatima Bint Mubarak Ladies Open in Abu Dhabi in 2017. She finished with a score of 12-under 280 at the Vipingo Ridges after shooting a final round of 67-70-69-74.
14. Cristiano Ronaldo scores four for Al Nassr to cross 500 league goals
Cristiano Ronaldo scored all of Al Nassr’s goals in a 4-0 rout of Al Wehda in the Saudi league as he passed the 500 league goal mark in his club career. The 38-year-old Portuguese star now has 503 goals scored for five different teams stretched across five leagues. The Portuguese superstar scored 103 goals for Manchester United, 311 for Real Madrid, 81 for Juventus, three for Sporting Lisbon. Now, he has five for Al Nassr as well.
15. Ravichandran Ashwin becomes the fastest Indian to pick up 450 Test wickets
Ravichandran Ashwin picked up his 450th Test wicket during the first Border-Gavaskar Trophy game between India and Australia at the Vidarbha Cricket Association Stadium in Nagpur. He achieved the feat when he bowled Alex Carey in the 54th over. He also became the fastest Indian to scale the landmark, going past former leg-spinner Anil Kumble. Ashwin took 89 Tests to reach the milestone as compared to Kumble’s 93.
Science and Technology News
16. ISRO’s new rocket SSLV-D2 launched from Satish Dhawan space centre at Sriharikota
The Indian Space Research Organisation (ISRO) successfully launched the second edition of the Small Satellite Launch Vehicle (SSLV-D2) from the first launch pad of Satish Dhawan space centre at Sriharikota, Andhra Pradesh. ISRO’s EOS-07, US-based firm Antaris’ Janus-1, and Chennai-based space startup SpaceKidz’s AzaadiSAT-2 – into a 450 km circular orbit during its 15-minute flight, the ISRO said.
17. NASA to launch ‘Mars mission’ on Blue Origin’s New Glenn
Jeff Bezos-led Blue Origin scored a big contract from the American space agency, Nasa, to launch a mission to Mars. The private space company was given its first interplanetary NASA contract to launch the mission to study the magnetic field around the Red Planet. The expected launch date for the mission is 2024. The mission, dubbed the dual-spacecraft ESCAPADE, will be launched next year on Blue Origin’s recently developed New Glenn heavy-lift rocket. The mission will lift off in late 2024 from the Cape Canaveral Space Force Station in Florida. The mission is part of Nasa’s Small Innovative Missions for Planetary Exploration (SIMPLEx) program.
18. Newly launched Google Bard lose $100bn in one error
Alphabet Inc. lost $100 billion in market value shortly after its new chatbot inadvertently disclosed false information in a promotional video. While Microsoft shares jumped almost 3% before losing some of their gains, its shares fell as much as 9% during regular trade. Initially, Reuters called attention to a mistake in Google’s advertisement for its debuting chatbot Bard. The article discussed which satellite was the first to capture images of a planet outside of our solar system.
19. World Pulses Day 2023 is Observed On 10 February
Every year World Pulses Day is celebrated on February 10 with an aim to spread awareness about the nutritional and environmental benefits of pulses as part of sustainable food production. In 2019, the UN General Assembly dedicated a day to Pulses to increase awareness and access to pulses globally. Pulses also known as legumes, are considered as global foods, and are produced in almost every country. ‘Pulses for a Sustainable Future’ as the theme for the 2023 celebration.
Important takeaways for all competitive exams:
- Food and Agriculture Organization Head: Qu Dongyu;
- Food and Agriculture Organization Headquarters: Rome, Italy;
- Food and Agriculture Organization Established: 16 October 1945.
20. Popular artist B.K.S. Verma passes away
Popular artist B.K.S. Verma, has passed away in the city. The subject of his paintings was mainly environmental and social issues presented in a surreal form. Born in 1949, Varma’s father Krishnamacharya was a musician while his mother Jayalakshmi was an artist. He was trained in art by the legendary art teacher A.N. Subbarao at the art and culture institution he founded, Kalamandir, in the 1960s.
21. World Cup Skiing Medallist Elena Fanchini Dies Aged 37
Italian Skier Elena Fanchini passed at the age of 37 after a toiling battle with cancer on 9th February 2023. Elena Fanchini competed at three Winter Olympics and six World Championships for Italy, and she won a silver medal in the download at the 2005 World Championships. Her last race was in December 2017 after that she stepped away from the game due to her diagnosis. Elena Fanchini was prepared to return in 2018, however, she was unable to fully make it back and missed the 2018 Winter Olympics as a result.
22. NCST functioning with less than 50% of sanctioned strength
Ministry of Tribal Affairs in Lok Sabha has revealed that the National Commission for Scheduled Tribes (NCST) is currently functioning with less than 50% of its sanctioned strength. According to data from the Commission, rules provide for the ST panel to have one Chairperson, one Vice-Chairperson, and three Members (two among V-C and Members must be from ST community). Currently, it just has a Chairperson (Harsh Chouhan) and one Member (Ananta Nayak) with all other positions, including that of the mandatory ST Member, vacant for the last three years.
Important takeaways for all competitive exams:
- National Commission for Scheduled Tribes Chairman: Harsha Chauhan;
- Union Minister of Tribal Affairs: Arjun Munda.
23. Google Doodle Honored PK Rosy on her 120th Birth Anniversary
Google honored PK Rosy who became the first female lead in Malayalam cinema with a doodle. PK Rosy was born on 10th February 1903 in Thiruvananthapuram formerly known as Trivandrum. Google remembers PK Rosy, the first woman leader in Malayalam on her 120th birth anniversary. She was the first actress to work in Malayalam films with JC Daniel’s Vigathakumaran. Google shared the animated caricature of PK Rosy on Twitter, quoting “Today’s Doodle Honours PK Rosy, the first female-led to be featured in Malayalam cinema.”
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