NATIONAL UPDATES:
1.
Pradhan Mantri Grameen Awas Yojana to provide 3 crore affordable housing units
across country: Designed entirely for
the rural masses, the ambitious scheme aims to provide affordable houses to all
those living below the poverty line by the year 2022. In addition, the prime
minister distributed allotment letters to 50 beneficiaries of the scheme, which
aims to provide about 3 crore new housing units countrywide.
2.
India and Cyprus ink new tax pact to replace 2 decade-old treaty: India and Cyprus has signed a new double tax avoidance pact under
which capital gains tax will be levied on sale of shares on investments
made after April 1, 2017, bringing the island nation at par with Mauritius in
terms of tax treatment. The latest pact would replace the existing Double Tax
Avoidance Agreement (DTAA), which was in place since June 13, 1994.
INTERNATIONAL UPDATES:
1.
Universal Children’s Day observed on November 20: United Nations Universal Children’s Day was
established in 1954 and is celebrated on November 20th each year to promote
international togetherness, awareness among children worldwide, and improving
children's welfare. November 20th is an important date as it is the date in
1959 when the UN General Assembly adopted the Declaration of the Rights of the
Child. It is also the date in 1989 when the UN General assembly adopted the
Convention on the Rights of the Child.
2.
World’s first Bollywood theme park opens in Dubai: Bollywood Parks, Dubai has opened with fanfare, fireworks, dance,
music and simulator 4D shows based on hit Hindi-language movies. Visitors
were greeted by performers dancing to thumping Bollywood music across the park
with some atop a mock-up of a suburban Mumbai railway train and others outside
the Rajmahal theatre, which will stage live musicals.
OTHER UPDATES:
FINANCE/BANKING:
1. Catholic Syrian Bank to appoint
CVR Rajendran as MD & CEO: The Reserve Bank of
India has granted approval for appointment of
C.V.R.Rajendran as the Managing Director & CEO of Catholic Syrian Bank for
a period of three years from the date of his taking charge. Rajendran is
currently holding the position of Chief Executive
Officer of the Association of Mutual Funds of
India.
2. PV Sindhu wins maiden Super Series Premier
Title: Olympic silver
medallist P.V. Sindhu clinched her maiden Super Series Premier title after
edging out Sun Yu of China in the finals of the USD 700,000 China Open
badminton tournament in Fuzhou, China. She continued her rampaging run as she lifted the prestigious title
after beating Sun 21-11 17-21 21-11 in the summit clash that lasted an hour and
nine minutes.
3. R Ashwin 1st bowler ever to
take 50 wickets in consecutive years: Ravichandran Ashwin, with his 5-wicket haul
against England in the Visakhapatnam Test, became the first bowler ever to
complete 50 wickets in two consecutive calendar years. The off-spinner took 62
wickets in 9 Tests in 2015 and has so far claimed 52 wickets in 9 Tests in 2016.
Notably, Ashwin was the top wicket-taker in Tests last year.
OBITUARIES:
4.
World’s first Heart Transplant doctor passes away: Renowned heart surgeon Denton Cooley, who performed the world`s first
artificial heart transplant in the United States, has passed away at the age of
96 in Houston, Texas.
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