Daily GK Current Affairs News is viable on 1 March 2023. – Here are the Regular current affairs viable of 1 March 2023 covering the following news headlines: GIFT city, Uranium particles enriched, Manufacturing PMI, Real GDP growth, India’s UPI, Air India, and Bank credit growth.
Daily Current Affairs updates are incorporated with the critical news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of important information held all day. One should have complete knowledge of banking terms, current affairs news, etc.
So, here is the GK update of 1 March 2023 to help you prepare the Current affairs part. After reading this section, you can successfully attempt the current affairs quiz.
Here current affairs have been categorized which is as follows
- International News
- Business News
- Banking News
- Sports News
- Awards News
- Important Days
- Miscellaneous News
International News
- Uranium particles enriched to 83.7 percent found in Iran: UN report
- Inspectors from the UN nuclear watchdog found uranium particles at Iran’s underground Fordo nuclear site enriched to 83.7%.
- A confidential quarterly report by the Vienna-based International Atomic Energy Agency distributed to member states could further escalate tensions between Iran and the West over its nuclear program.
- This is even as Tehran is already facing internal turmoil after months of protests and Western anger over sending drones carrying bombs to Russia to wage war on Ukraine.
- The IAEA report speaks only of “particles”, suggesting Iran is building up a stockpile of uranium no more than 60% enriched – the level at which it has been enriching for some time.
- Australia’s Deakin University to set up a campus in GIFT city
- Australia’s Deakin University will be the first foreign university to set up a campus in India. The autonomous campus will be built in the city of Gujarat International Financial Tech City (GIFT).
- During his visit to Ahmedabad, an official announcement is expected to be made by Australian Prime Minister Anthony Norman Albanese.
- According to the QS World University Rankings, Deakin University is ranked 266 overall. It is one of the top 50 new universities worldwide.
- At least two Australian institutions are considering setting up campuses in India.
Business News
- Vistara Brand To Be Discontinued Air India Merger
- Tata Group-owned Air India will discontinue the Vistara brand upon completion of its merger with Tata SIA Airlines Ltd, Vistara Airlines Chief Executive, and Managing Director Campbell Wilson said. Tata Group holds a 51 percent stake in Vistara and Singapore Airlines the rest.
- The full-service carrier will be known simply as Air India, a more recognizable brand outside India. Some of the Vistara’s heritage will be retained in that “new expression,” Wilson said.
- Singapore Airlines receives 25.1% stake in Air India group after investing $267 mn
- Singapore Airlines will give Air India an additional SGD 360 million (USD 267 million). With its acquisition by Tata and merger with Vistara Airlines, it will give SIA a 25.1% interest in the firm.
- Through this deal, SIA will strengthen its relationship with Tata and gain an instant strategic position in a company that is four to five times bigger than Vistara in terms of size. Last year, Tata and Singapore Airlines both committed to providing additional funding if necessary to assist Air India to reach its previous peak, when the airline had a glitzier shine, and sustain it.
- Once the brands are amalgamated, Singapore Airlines will own a quarter of the company will have 218 aircraft, and have access to high-paying parking and landing slots all over the world.
Banking News
- Bank credit growth slowed to 16.8% in the third quarter: RBI
- RBI data shows that bank credit growth slowed to 16.8% in the October-December 2022 period.
- This compares to 17.2% seen in the previous quarter, according to the quarterly data on bank deposits and credit released by the Reserve Bank of India. A year ago, credit growth stood at 8.4%.
- The increase in credit was led by bank branches in metropolitan centers, which account for about 60% of total credit by scheduled commercial banks (SCBs), the RBI said, adding that these branches registered a 17.2% growth in lending.
Sports News
- Manchester United won the Carabao Cup title in 2023
- Manchester United ended their 6-year trophy drought when they defeated Newcastle United 2-0 to win the Carabao Cup in Wembley. The final battle was fought between Manchester United and Newcastle. Manchester United is winning the trophy after six years. Newcastle is a Saudi Arabia-backed club.
- The Carabao cup is also called the EFL cup. It is a major football trophy played in England. More than 92 clubs participate in the knockout competition.
- In 2023, the trophy was won by Manchester United. Liverpool is the most successful club in the competition. The team has won more than nine championships. (Carabao is an energy drink in Thailand).
- Winning the Carabao cup is essential to enter the UEFA Champions League. Apart from winning the Carabao cup, the team should also finish the Premier League in the top four.
Awards News
- ‘Naatu Naatu’ song from ‘RRR’ to be performed at the Oscars 2023 ceremony
- The popular song ‘Naatu Naatu’ from SS Rajamouli’s ‘RRR’ film, nominated in the ‘Best Original Song category, was performed by singers Rahul Sipligunj and Kaal Bhairav in their Oscars debut at the 95th Academy Awards or Oscar Awards and Will go.
- The music of the song is by M.M. Keeravani, while its lyrics are written by Chandrabose.
- The cross-cultural hit was nominated in the Original Song category along with “This Is a Life” from “Everything Everywhere All at Once”, “Applause” from “Tell It Like a Woman” and “Lift Me Up” from “Black Panther”. Has been done: Wakanda Forever,” are all part of the scheduled performance for the 95th annual event.
Important Days
- World Seagrass Day 2023 observed on 1st March
- World Seagrass Day is celebrated annually on 1st March to raise awareness about seagrass and its important functions in the marine ecosystem.
- The seagrasses are grass-like plants that live close to the sea. They are the only flowering plant to grow in the marine environment. There are more than 60 seagrass species in the world. They act as the best carbon sink and provide food for marine life.
- The seagrasses have been declining since the 1930s. The International Union for Conservation of Nature (IUCN) categorizes nearly 21% of the world’s seagrasses as near threatened or vulnerable or endangered. Pollution, coastal development activities, and land-based run-offs are degrading the seagrasses.
- Important days in March 2023: India and International List
- March is the third month of the year according to both the Julian and Gregorian calendars. This month, which is 31 days in length, is the second of the seven.
- The first of March marks the beginning of spring in the Northern Hemisphere. March is named after Martius, the first month of the old Roman calendar.
- The month marks several important national and international occasions including World Water Day, National Safety Day, International Women’s Day, and Zero Discrimination Day.
- World Civil Defence Day 2023 celebrated on 01st March
- World Civil Defence Day is observed on 1st March to raise awareness about the importance of civil defense measures in protecting people and their property from natural disasters, accidents, and other emergencies.
- The day honors the work of several civil defense organizations. The day also recognizes the efforts put in by the organizations in protecting communities and saving lives. The day also recognizes the contribution of civil defense personnel, who work tirelessly to ensure the safety and well-being of their communities.
- The theme for this year is “Uniting the world’s leading specialists for the safety and security of future generations”.
Miscellaneous News
- 10 yrs post-retirement, a life-size statue of Sachin Tendulkar at Wankhede
- A decade after his retirement, there is news about plans to install a life-size statue of Sachin Tendulkar inside the iconic Wankhede Stadium, where he played his last match for India.
- The statue will be unveiled on April 23. It will be the 50th birthday of the megastar.
- There is speculation that if all does not go well, the inauguration of the statue may be postponed till the 50-over World Cup later this year.
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