NATIONAL UPDATES:
1. Dr
Jitendra Singh dedicates ‘Sardar Patel Leadership Centre’ to the Nation: Union Minister Dr
Jitendra Singh has dedicated to the nation “Sardar Patel Leadership Centre” at
Lal Bahadur Shastri National Academy of Administration (LBSNAA) in Mussoorie. The
Sardar Patel Leadership Centre aims to lay the foundation capacity building for
future generations of Civil Servants from India and Abroad, as visualised by
the Father of All India Services. The Centre aims to emerge as a Huge Resource
Centre to provide continuous study and learning opportunities to Civil Servants
so that they learn from the best practices of leadership across the world while
remaining connected with their cultural ethos, values and roots.
2. National
Small Matchbox Manufacturers Association increases price of matchbox: National Small
Matchbox Manufacturers Association has increased the price of a matchbox from
Rs.1 to Rs. 2 per box. This will come into effect from December 01, 2021. The
increase in the price of matchbox has been done after 14 years since last
increase in 2007 from 50 paise to Re. 1. However, with the increase in the
price of matchboxes, the number of matchsticks in each box has also been
increased from 36 matchsticks to 50 matchsticks. The increase in price was
necessary as the price of all the 14 key raw materials of the matchstick has
increased.
3. Chennai-Mysore-Chennai
Shatabdi Express gets IMS certification: The Chennai-Mysore-Chennai Shatabdi
Express has become the first train of Southern Railway to receive Integrated
Management Systems (IMS) certification. It got the certificate for world-class
maintenance of the train, environment-friendly resources and convenient and
safe travel of the passengers. It is also the first Shatabdi train and the only
second mail/express train of Indian Railways to receive this prestigious
certification. The IMS certificate provided are ISO 9001:2015, ISO 14001:2015
and ISO 45001:2018. The first train of Indian Railways to be IMS certified is
Habibganj-Hazrat Nizamuddin-Habibganj Bhopal Express.
4. Health
Minister Mansukh Mandaviya launches 6th edition of National Formulary of India
(NFI): The
Union Minister for Health and Family Welfare Dr. Mansukh Mandaviya launched the
6th edition of National Formulary of India (NFI). NFI is published by Indian
Pharmacopoeia Commission (IPC). The main purpose of NFI is to promote rational
use of medicines in the country and proves to be beneficial for Clinicians and
Healthcare professionals while prescribing the medicines to the patients.
4. Health
Minister Mansukh Mandaviya launches 6th edition of National Formulary of India
(NFI): The
Union Minister for Health and Family Welfare Dr. Mansukh Mandaviya launched the
6th edition of National Formulary of India (NFI). NFI is published by Indian
Pharmacopoeia Commission (IPC). The main purpose of NFI is to promote rational
use of medicines in the country and proves to be beneficial for Clinicians and
Healthcare professionals while prescribing the medicines to the patients.
5.
National Commission For Women launches legal awareness programme for women in
partnership with NALSA: The National Commission for Women (NCW) in
collaboration with National Legal Services Authority (NALSA) has launched a
Legal Awareness Program for Women, titled “Empowerment of Women through Legal
Awareness”.
Objective: to impart
practical knowledge to women about legal rights and remedies provided under
various women-related laws, and hence making them fit to face the challenges in
real-life situations. It is a pan-India initiative. It was launched at
Varanasi, Uttar Pradesh by Hon’ble Justice UU Lalit, Judge Supreme Court of
India. Earlier in 2020, the NCW had launched a pilot project ‘Legal Awareness
Programme’ in collaboration with NALSA.
6.
CBSE launches Veer Gatha project in schools: CBSE launches Veer Gatha project in
schools to raise awareness on Gallantry Awards. Schools affiliated to the
Central Board of Secondary Education (CBSE) have been asked to prepare projects
and engage in activities based on the Gallantry Award winners. The Veer Gatha
project aims to raise awareness about the brave acts and sacrifices of the
Gallantry Award winners among school students. The Veer Gatha project is being
conducted from October 21- November 20. The projects can be interdisciplinary
& in various formats such as poems, essays, etc.
INTERNATIONAL UPDATES:
1. 2021
G20 Summit Concludes with Adoption of Rome Declaration: The 2021 G20 (Group
of Twenty) Summit was held in Rome, Italy on October 30 and 31, 2021. It was
the 16th meeting of G20 group. The meeting was held under the chairmanship of
Italian Prime Minister Mario Draghi. Moto: People, Planet, and
Prosperity; Agenda: climate change, economic recovery, the pandemic and
the global minimum corporate tax rate.
The summit concluded with the adoption of
the Rome Declaration by G20 Leaders. Prime Minister of India Shri Narendra Modi
led the Indian delegation at the Summit. The Commerce Minister Piyush Goyal was
India’s G20 sherpa or personal representative of the head of government. The
final document committed the G20 members nation leaders to the following:
(1) providing $100 billion every year from
now until 2025 to counter climate change.
(2) to end international financing for all
new coal plants by the end of 2021,
(3) take action to limit global warming at
1.5 degrees celsius above pre-industrial levels.
(4) strengthen the WHO on Emergency Use
Authorisation (EUA) for Covid-19 vaccines.
2. ‘Vax’
named Oxford English Dictionary’s Word of the Year 2021: ‘Vax’ has been chosen as the word of the year
by the Oxford English Dictionary (OED) in 2021. Vax is derived from the Latin
word Vacca, which means cow. Vax is used as a short form for vaccines and means
a substance put into a person’s body to prevent them from getting a disease.
Due to the Covid-19 pandemic, words related to vaccines saw a surge in 2021,
including terms like double-vaxxed, unvaxxed and anti-vaxxer.
OTHER UPDATES:
SPORTS
1. Harbhajan
Singh & Javagal Srinath awarded MCC life membership: The Marylebone
Cricket Club (MCC) has released the list of 18 Cricketers who were selected for
the MCC awards Honorary Life Membership of the Club. The list witnessed the
names of 2 former Indian cricketers – Harbhajan Singh and Javagal Srinath. This
year’s list saw the names of 18 players, including 16 Male & 2 Female
players (Sarah Taylor & Sara McGlashan).
MCC awards Honorary Life Membership
Complete List:
|
England |
Alastair Cook, Ian
Bell, Marcus Trescothick, Sarah Taylor |
|
South Africa |
Hashim Amla, Herschelle
Gibbs, Jacques Kallis & Morne Morkel |
|
West Indies |
Ian Bishop, Shivnarine
Chanderpaul & Ramnaresh Sarwan |
|
Australia |
Alex Blackwell &
Damien Martyn |
|
India |
Harbhajan Singh &
Javagal Srinath |
|
Sri Lanka |
Rangana Herath |
|
New Zealand |
Sara McGlashan |
|
Zimbabwe |
Grant Flower |
Note: Melbourne Cricket Club Founded: 1838;
Melbourne Cricket Club Location: Melbourne, Australia; Melbourne Cricket Club
President: Clare Connor (1st Female President of MCC).
BANKING AND FINANCE
1. Federal
Bank and Aditya Birla Health Insurance tie-up for Bancassurance: The Federal Bank
and Aditya Birla Health Insurance Co. Limited (ABHICL) entered into a
Bancassurance Partnership. As a part of this alliance, Federal Bank will
provide to its customer’s innovative health insurance solutions offered by
ABHICL. Customers of Federal Bank will have facilities like Day 1 cover for
asthma, high blood pressure, high cholesterol, diabetes, coaching on nutrition
etc. Customers will have access to ABHICL’s industry-first innovative solutions
such as, Day 1 cover for asthma, high blood pressure, high cholesterol,
diabetes; wellness coaching on nutrition and fitness; counselling on mental
health; incentivized wellness benefits of up to 100% Health Returns TM (health
premiums) and chronic management program, etc. Consumers can avail of benefits
of various retail and group affinity products through the Bank’s various
distribution channels.
Note: Federal Bank Founded: 23 April 1931; Federal
Bank Headquarters: Aluva, Kerala; Federal Bank MD & CEO: Shyam Srinivasan; Federal
Bank Tagline: Your Perfect Banking Partner.
BUSINESS AND ECONOMY
1. Microsoft
surpasses Apple to become world’s most valuable company: Microsoft Corp. has
surpassed Apple Inc. to become the world’s most valuable publicly-traded
company by market capitalisation. At market close on October 29, 2021, Apple
stood at about $2.46 trillion while Microsoft reached nearly $2.49 trillion.
Apple had held the top position for more than a year.
Microsoft became the second US public firm
to surpass a $2 trillion market value in June, driven by expectations that its
dominance in cloud computing and enterprise software will expand further in a
post-coronavirus future. This year, its stock has outpaced Apple and Amazon.com
Inc. on forecasts of long-term earnings and revenue growth, as well as
expansion in areas such as machine learning and cloud computing. Microsoft is
up more than 49%, Apple is up around 13%, and Amazon is up more than 3%.
2. Isha
Ambani appointed to Smithsonian’s board of trustees: Board member of
Reliance Jio Infocomm, Reliance Retail and Reliance Foundation, Isha Ambani was
appointed on the Board of Trustees of the prestigious Smithsonian’s National
Museum of Asian Art. The appointment is for 4 years. Apart from Isha Ambani,
Carolyn Brehm, founder and CEO of the consulting firm Brehm Global Ventures LLC
and lecturer, and Peter Kimmelman, also joined the board. Antoine van Agtmael
is the chair of the museum’s board of trustees.
About the Museum: The museum collection of
Asian art includes more than 45,000 objects, dating from the Neolithic period
to the present, originating from the ancient Near East to China, Japan, Korea,
South and Southeast Asia and the Islamic world. Opened as the Freer Gallery of
Art in 1923, the museum will celebrate its centennial in 2023.
DEFENCE
1. Indian
Navy stealth frigate Tushil launched in Russia: The seventh Indian
Navy frigate of the P1135.6 class was launched at the Yantar Shipyard at
Kaliningrad in Russia. The ship has been formally named as Tushil, a Sanskrit
word that means protector shield. Tushil will be commissioned into the Indian
Navy in mid-2023 followed by its sister ship by the end of 2023.
About the ship:
(1) The ship has been developed under the
Inter-Governmental Agreement (IGA) between India and Russia in 2016 for the
construction of four additional P1135.6 class ships for Indian Navy.
(2) Out of the four ships, two ships of
Project 1135.6 ships were to be constructed in Russia and two ships in India at
M/s Goa Shipyard Limited (GSL).
(3) The Project 1135.6 class is also called
Talwar class and the Talwar class frigates are built by Russia for Indian Navy.
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