National & International Appointments
1. Sourav Ganguly appointed as the chairman of ICC's Cricket Committee
- Sourav Ganguly has been appointed as the Chairman of the ICC men's Cricket Committee, the global cricket governing body.
- He will replace Anil Kumble, who stepped down after serving a maximum of a three-year term.
- Sourav Ganguly was appointed as the president Board of Control for Cricket in India (BCCI) in October 2019.
- Johnny Grave, CEO of Cricket West Indies has been appointed to the ICC Women's Cricket Committee.
- ICC Headquarters: Dubai, UAE (2005–present)
Banking & Finance
2. UBS revises India's GDP growth forecast to 9.5% from 8.9% for FY22
- UBS Securities has revised upwards its growth forecast for the current fiscal to 9.5% from 8.9% in September.
- The brokerage also sees the economy clipping at 7.7 per cent in FY23 but moderating to 6 per cent in FY24.
- The Reserve Bank also forecasts 9.5 per cent GDP growth this fiscal while the average projection ranges from 8.5 to 10 per cent.
Important Dates
3. Naturopathy Day is celebrated on 18th November
- The National Naturopathy Day is observed in India on 18th November every year, to promote positive mental and physical health through a drugless system of medicine.
- The day was declared by the Ministry of AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy), Government of India.
- Naturopathy practitioners are trained through a five and half year BNYS — Bachelor of Naturopathy and Yogic Sciences.
Honours & Awards
4. Anurag Thakur confers SAI Institutional Awards to 246 athletes and coaches
- Union Minister Anurag Thakur conferred the first-ever Sports Authority of India's Institutional Awards to 162 athletes and 84 coaches in New Delhi.
- They have been conferred awards in the Outstanding Award and Best Award category for their performance in national and international competitions.
- The awards acknowledge the exceptional performance of the SAI athletes and coaches under the various sports promotion schemes at the national and international level from 2016.
Important Dates
5. World Philosophy Day 2021: 18th November
- World Philosophy Day is celebrated on the Third Thursday of November every year (this year 18 November).
- It was first celebrated in 2002 by the United Nations.
- WPD aims to raise public awareness of the importance of philosophy.
- Philosophy comes from the Greek word phílosophía which means ‘the love of wisdom.’
- It is the study of the nature of reality and existence, of what is possible to know, and of right and wrong behaviour.
National & International Organizations
6. 21st Indian Ocean Rim Association Annual Council of Ministers' Meeting
- India virtually participated in the 21st Annual Council of Ministers (COM) meeting of the Indian Ocean Rim Association (IORA).
- Summit was held in Dhaka, Bangladesh.
- The IORA COM was held in a hybrid format in Dhaka.
- Bangladesh assumed the Chairmanship of IORA till 2023.
- IORA is inter-governmental organization aimed at strengthening regional cooperation and sustainable development within the Indian Ocean region.
- It has 23 member states and 9 Dialogue Partners.
Agreement
7. MoFPI signs MoU with DAHD to improve livestock sector
- The Department of Animal husbandry and Dairying has signed an MoU with Ministry of Food Processing Industry.
- This MoU will facilitate extension of benefits to dairy entrepreneurs and dairy industries through convergence of various schemes of Department of Animal Husbandry and Dairying.
- This will also help in generating income for sustainable development of the rural poor by providing credit support, strengthening quality control, and providing necessary technology.
National Affairs
8. Indian Railways gets first pod hotel at Mumbai Central station
- Union minister of state for Railways Raosaheb Danve inaugurated first-of-its-kind pod hotel at the Mumbai Central station.
- The pod hotel has several small bed-sized capsules and provides affordable overnight accommodation.
- Charges: Rs 999 for 12 hours and Rs 1,999 for 24 hours.
- Facilities: WiFi, TV, a small locker, adjustable mirror, and reading lights.
- These resting facilities can be availed by Passengers of Indian Railways and even common people.
Banking & Finance
9. NSDL e-Governance gets RBI’s in-principle nod as Account Aggregator
- NSDL e-Governance Infrastructure got in-principle approval from RBI to set up an account aggregator business under its subsidiary, NSDL e-Governance Account Aggregator.
- Account Aggregator is a first-of-its-kind consent framework that empowers an individual with control over his or her data.
- Aggregator services can play a pivotal role as a core contributor to a data-led economic empowerment and inclusion at scale.
Banking & Finance
10. SIDBI, Google tie-up for loan programme targeted at micro enterprises
- SIDBI has entered into a collaboration with Google for having a social impact lending programme.
- The program entails financial assistance up to ₹1 crore at competitive interest rates targeted at micro- enterprises.
- The collaboration brings a corpus of $15 million to micro-enterprises.
- This envisages a loan program targeted at micro enterprises (having turnover up to ₹5 crore), with loan sizes ranging between ₹25 lakh to ₹1 crore, being implemented by SIDBI.
Banking & Finance
11. India received $87 billion in remittances in 2021: World Bank
- According to World Bank data India received $87 billion in remittances in 2021
- United States was the biggest source, accounting for over 20 per cent of these funds.
- India becomes the world's largest recipient of remittances with a gain of 4.6 per cent.
- India is followed by China, Mexico, the Philippines, and Egypt.
- In India, remittances are projected to grow three per cent in 2022 to $89.6 billion.
Defense
12. BDL signs $21-million contract with Airbus Defense & Space
- Bharat Dynamics Limited (BDL) has signed a $21-million export contract for Counter Measures Dispensing System (CMDS) with Airbus Defense & Space.
- Under the Contract, BDL will supply its Counter Measures Dispensing System to the Spanish entity.
- The public sector firm is looking at export opportunities for offerings such as Akash Weapon System, Astra Weapon System, Smart Anti-Airfield Weapon and Helina and Light Weight Torpedo and Heavy Weight Torpedo.
International Affairs
13. India, New Zealand to intensify cooperation in cyber security, cyber crime
- India and New Zealand have decided to intensify cooperation in cyber security, cyber crime and capacity building at the bilateral Cyber Dialogue.
- The2nd edition of the India-New Zealand Bilateral Cyber Dialogue was held on a virtual mode.
- The Indian delegation was led by MEA Joint Secretary Atul Malhari Gotsurve.
- The delegations deliberated on a wide range of topics of mutual interest and agreed to work closely with each other in these areas.
Agreement
14. Akasa Air inks pact with CFM for LEAP-1B engines
- Rakesh Jhunjhunwala backed-Akasa Air announced the purchase of CFM LEAP-1B engines to power its recently purchased Boeing 737 MAX airplanes.
- The agreement, that also includes spare engines and long-term services agreement, is valued at nearly $4.5 billion at list price.
- Akasa had ordered 72 Boeing 737 MAX airplanes valued at nearly $9 billion at list price.
- The LEAP-1B engine entered into service on the Boeing 737 MAX in 2017.
- CEO, Akasa Air: Vinay Dube
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