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Daily Current Affairs 23 October 2026

18 News

National

Union Minister Rajiv Ranjan Singh has launched the website of the Department of Animal Husbandry and Dairying (DAHD). The website complies with the Digital Brand Identity Manual (DBIM) Version 3.0, introduced by the Ministry of Electronics and Information Technology (MeitY).

The website aims to strengthen digital governance, improve public access to information, and provide a unified digital experience.

The Ministry of Social Justice and Empowerment (MoSJE) has announced that 18,093 villages have been declared Adarsh Grams under the ‘PM Anusuchit Jaati Abhyuday Yojana’ (PM-AJAY). The scheme has expanded to cover over 47,200 villages across the country.

An amount of ₹1,730 crore has been released directly to states under the Grants-in-Aid component from FY22 to FY26. It is to be noted that a total of 785 student hostels have been successfully completed under the scheme as of September 2026.

The PM GatiShakti National Master Plan (PM GatiShakti NMP) has completed 5 years since its launch in 2021. The initiative aims to promote coordinated infrastructure planning and seamless connectivity across various sectors.

The PM GatiShakti NMP functions as a Geographic Information System (GIS)-based platform that integrates infrastructure data from various ministries, states, and Union Territories (UTs) to enable synchronized planning and efficient project execution.

Economy

The Central Government has notified amendments to the India-Mauritius Double Taxation Avoidance Agreement (DTAA) to prevent treaty abuse and tax avoidance. The amended treaty, whose protocol was signed in 2024, introduces the Principal Purpose Test (PPT) and came into force on August 10, 2026.

Following the amendment, Mauritius-based investors and investment funds claiming treaty benefits may face increased scrutiny regarding the commercial substance and purpose of their transactions.

Banking

SEBI has announced an overhaul of the Closing Auction Session (CAS) framework in the equity cash market segment of stock exchanges, effective from December 7, 2026.

Under the updated framework, CAS will be implemented as a separate 10-minute session from 3:30 PM to 3:40 PM on all trading days, replacing the previous 3:15 PM to 3:35 PM timing. The new session will comprise three distinct phases.

Agreements

During the Team Canada Trade Mission at the Canada-India Business Ceremony in Karnataka, Indian and Canadian entities signed 34 commercial agreements and MoUs worth nearly CAD 300 million (₹1,800 crore).

Both countries aim to conclude negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) by December 2026 to reduce trade barriers and improve market access.

Reports

According to the “Henley Passport Index 2026 Global Rankings” released by Henley & Partners, Singapore is ranked first as the world’s most powerful passport with visa-free access to 193 destinations.

Japan, the UAE, and South Korea share second place, while Sweden is ranked third. India is ranked 84th on the index with visa-free access to 55 destinations, sharing its rank with Algeria and Mauritania.

Defence

Business

State

Awards

State Bank of India (SBI) has won the “World’s Best Consumer Bank 2026” award for the second consecutive year, alongside the “Best Bank in India 2026” award from Global Finance magazine.

Banco Santander (Spain) won the “World’s Best Bank” award, and DBS Bank (Singapore) received the “World’s Best Corporate Bank” award. BBVA (Spain) was named the “World’s Best Emerging Markets Bank”, while Ecobank (Togo) won the “World’s Best Frontier Markets Bank” award.

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