Current Affairs - September 1, 2023 Current Affairs

India's fiscal deficit for the first four months of the fiscal year 2023-24 reached 33.9% of the annual target.

The government of India appointed Jaya Verma Sinha as the first woman Chairperson of the Railway Board on August 31, 2023. Ms. Sinha is a 1988-batch Indian Railway Traffic Service (IRTS) officer. She has held several key positions in the railways, including Member (Operations and Business Development) and Principal Chief Commercial Manager. She is known for her expertise in railway operations and her commitment to customer service.

Nagaland is the first state in the North Eastern Region to introduce Aadhaar Linked Birth Registration for children aged 0 to 5 years. The commencement of the launch was formally led by Commissioner T Mhabemo Yanthan.

Viacom 18 secured the media rights in the 5-year deal for broadcasting India's domestic cricket matches and BCCI-hosted tournaments worth Rs 5,963 crore.

India's GDP growth rate in the April-June quarter of 2023-24 was 7.8%.

Dr. Ravi Kannan R. is a surgical oncologist who has dedicated his career to improving cancer care in rural India. He founded the Cancer Patients Aid Association (CPAA), which provides free cancer treatment to patients in rural areas. He has also developed innovative methods for cancer screening and treatment.

The largest domestically constructed nuclear facility in India, situated in Kakrapar, Gujarat, has a capacity of 700 MW and has initiated operations at its full capacity.

Punjab National Bank (PNB) has launched the PNB GST Sahay App to facilitate MSMEs in accessing instant loans using GST invoices.

The Reserve Bank of India (RBI) has reported that the year-on-year growth rate of the All-India House Price Index (HPI) in Q1FY24 was 5.1%. This is up from 3.4% in the previous year.

The Competition Commission of India (CCI) has cleared the merger of Tata SIA Airlines with Air India. This is a major milestone in the merger process, which is expected to be completed by March 2024.

Mahendra Singh Dhoni has been welcomed as the brand ambassador of Swaraj Tractors by Anand Mahindra.

The Indian government announced on September 1st, 2023 that it has formed a committee led by former President of India, Ram Nath Kovind, to explore the feasibility of ‘One Nation, One Election’. The committee will also examine the legal and constitutional implications of holding simultaneous elections for the Lok Sabha and state legislative assemblies.

Moody's Investor Service, a prominent global rating agency, has delivered an optimistic assessment of India's economic prospects in 2023. In a significant adjustment, the agency has raised its projection for India's Gross Domestic Product (GDP) growth to 6.7%, marking a substantial increase from its earlier estimate of 5.5%.

World Coconut Day is celebrated annually on September 2 to promote awareness of the benefits of coconuts. This was announced by the Asian and Pacific Coconut Community (APCC) in 2009.

Russia launched its first Islamic banking pilot program on September 1 to explore Shariah-based finance.