NATIONAL UPDATES:
1. PM
Modi dedicates to nation multiple National Highway and Road projects: Prime Minister Shri
Narendra Modi laid the foundation stone and dedicated various National Highway
and Road projects to the nation in the temple town of Pandharpur in
Maharashtra, through video conference. These initiatives are aimed at improving
connectivity in the region to facilitate the hassle-free and safe movement of
devotees.
About the Project:
(1) PM laid the foundation stone for four
laning of five sections of Sreesanth Dnyaneshwar Maharaj Palkhi Marg (NH-965)
and four laning of three sections of Sant Tukaram Maharaj Palkhi Marg (NH-965G).
(2) The Sreesanth Dnyaneshwar Maharaj
Palkhi Marg will be completed in five phases at estimated costs of more than
Rs. 6690 crore while Sant Tukaram Maharaj Palkhi Marg will be completed in
three phases at estimated costs of about Rs. 4400 crore.
(3) The project also includes the
construction of dedicated walkways for ‘Palkhi’ on either side of these
National Highways
(4) PM also dedicated to the nation more
than 223 km of completed and upgraded road projects of over Rs. 1180 crore at
different National Highways aimed at boosting connectivity to Pandharpur.
2.
Meghalaya approves creation of new district named Eastern West Khasi Hills
District: The
Meghalaya Cabinet has approved the proposal of the creation of a new district
called Eastern West Khasi Hills district. The new district has been formed by
upgrading the Mairang civil sub-division. Mairang will now be a sub-division
under the West Khasi Hills district. The new district will be inaugurated on
November 10, 2021 by Meghalaya Chief Minister Conrad Sangma. This will increase
the total number of districts in the state to 12.
Significance of the move: This move will
help in ensuring that the administration will remain closer to the people. It
will also ensure that the implementation of several schemes is more effective.
Note: Meghalaya Capital: Shillong;
Meghalaya Governor: Satya Pal Malik; Meghalaya Chief minister: Conrad Sangma.
3.
National Legal Services Day: 9th November: In India, 09 November is celebrated
as “National Legal Services Day” every year by all Legal Services Authorities,
to commemorate the enactment of the Legal Services Authorities Act 1987. The
Day is celebrated to make people aware of the various provisions under the
Legal Services Authorities Act and the right of the litigants.
History of the day: On 11 October
1987, the Legal Services Authorities Act 1987 was enacted, while the act took
effect on 9 November 1995. The National Legal Services Authority (NALSA) was
constituted under the Legal Services Authorities Act, 1987 on 5 December 1995,
to provide free Legal Services to the weaker sections of the society and to
organize Lok Adalats for amicable settlement of disputes.
4. A
new book titled “An Economist at Home and Abroad: A Personal Journey” by
Shankar Acharya: Noted
Economist and former Chief Economic Adviser to the Government of India, Dr
Shankar Acharya has authored a new book titled “An Economist at Home and
Abroad: A Personal Journey”. The book features the professional and personal
life of the most accomplished policy economist Dr Shankar Acharya.
INTERNATIONAL UPDATES:
1.
2022 QS World University Rankings announced: QS (Quacquarelli Symonds) has
released the 2022 QS World University Rankings. The ranking has been topped by
the National University of Singapore (NUS) for the 4th year in a row. It is
followed by China’s Peking University at 2nd position and Nanyang Technological
University in Singapore, and the University of Hong Kong in Hong Kong at 3rd.
Indian Institute of Technology Bombay
(IITB) (42nd regionally) and IIT Delhi (45th regionally) are the only two
Indian institutions among the Top-50. IIT Madras, which was in 50th place last
year, has lost four places and now ranks 54th. India features 118 Indian
Universities following China with 126 universities.
2.
Alphabet Inc launches AI-driven drug discovery start-up Isomorphic Labs: Google parent
company Alphabet Inc. has launched a new company in London called Isomorphic
Labs. The company aims to use AI (artificial intelligence) for drug discovery
and medicine to find cures for some of humanity’s most devastating diseases.
Demis Hassabis will be the CEO of Isomorphic Labs. Hassabis is the CEO and
co-founder of DeepMind, another Alphabet subsidiary that used AI to predict the
3D structure of a protein directly from its amino acid sequence.
The London-based Isomorphic Labs will work
on the most important applications of AI — in the field of biological and
medical research. The company aims to use AI to accelerate drug discovery, and
ultimately, find cures for some of humanity’s most devastating diseases. The
new venture also plans to partner with biomedical and pharmaceutical companies,
using artificial intelligence to discover new medicinal advancements.
Note: Google CEO: Sundar Pichai; Google
Founded: 4 September 1998, California, United States; Google Founders: Larry
Page, Sergey Brin.
3.
International Week of Science and Peace 2021: 9th to 14th November: International Week
of Science and Peace (IWOSP) is a global observance celebrated every year from
November 9 to 14. The event is celebrated to encourage people to develop better
technology and cultivate peace in their countries. The annual celebration of
this event contributes towards the promotion of science, technologies, and
peace as well as generating awareness in the general public. The participation
and awareness of the events contribute to the right application of science for
promoting peace all through the year.
International Week of Science and
Peace 2021 History:
The International Week of Science and Peace was first observed in 1986 and the
event was quite successful. Keeping in view the success and impact of this
event, the celebration started to take place continuously by the efforts of the
organizers in the successive years. It was proclaimed as an International Week
of Science and Peace by the UN General Assembly in the month of December 1988.
OTHER UPDATES:
SPORTS
1.
Manika Batra & Archana Kamath clinches women’s doubles title in WTT
Contender Table Tennis Tournament: In Table Tennis, Indian duo Manika Batra
and Archana Girish Kamath clinched the women’s doubles title in the WTT
Contender tournament on November 07, 2021, in Lasko, Slovenia. The Indian pair
defeated the Puerto Rican team of Melanie Diaz and Adriana Diaz, 11-3, 11-8,
12-10 to win the title. Meanwhile, Manika Batra also claimed a bronze medal in
women’s single title after Wang Yidi of China defeated her by 2-4 (11-7, 7-11,
13-11, 10-12, 11-7, 11-5).
2.
TCS becomes Jaguar’s Formula E title partner: Tata Consultancy
Services (TCS) has joined British racing team Jaguar Racing as the title
partner, ahead of the 2021/22 ABB FIA Formula E World Championship. The team
will be known as Jaguar TCS Racing. TCS and Jaguar will create a dynamic
platform that will drive research and innovation while steering towards
advanced concepts and electric vehicle (EV) technologies. The rebranding of the
team also brings an all-new livery for 2022. The team heads into Season 8 on
the back of its most successful Formula E campaign. Together with drivers Mitch
Evans and Sam Bird, Jaguar was second overall in the 2021 Formula E World
Championship.
BANKING AND FINANCE
1.
Bandhan Bank named Zubeen Garg as brand ambassador for Assam: Bandhan Bank has
announced Popular Assamese & Bollywood singer Zubeen Garg as the brand
ambassador for the Bank in Assam. This association is a landmark one for
Bandhan Bank as this is the first time ever that the Bank has associated with a
brand ambassador since its inception six years back.
To mark the commencement of this
association, Zubeen has released his new music video which showcases diverse
elements of Assamese culture and heritage. The song and video have been
produced courtesy of Bandhan Bank. Titled ‘Axom Amaar Mone Praane,” the song is
a melodious blend of the different kinds of folk music native to Assam.
Note: Bandhan Bank HQ: Kolkata, West
Bengal; Bandhan Bank Founded: 2001; MD and CEO of Bandhan Bank: Chandra Shekhar
Ghosh.
BUSINESS AND ECONOMY
1.
Government collected Rs 1.30 lakh crores as GST for October: Gross Goods and service
tax (GST) collection for the month of October came in at Rs 1,30,127 crore, the
second-highest collection since GST was implemented in July 2017. The
highest-ever GST collection of ₹ 1.41 lakh crore was recorded in April 2021.
Revenues for the month are 24% higher year-on-year. Of the gross GST revenue
collected in October, Rs 23,861 crore was towards CGST, Rs 30,421 crore was
towards SGST and Rs 67,361 crore was towards IGST, and Cess amounted to Rs
8,484 crore. According to the decision taken by the GST Council, back to back
the loan of Rs 1.59 lakh crore has been released in advance in lieu of a
shortfall in the release of GST compensation during the current fiscal.
List of previous months GST
Collection:
September 2021: Rs. 1,17,010 crores
August 2021: Rs. 1.12 lakh crores
July 2021: Rs. 1,16,393 crores
June 2021: Rs. 92,849 crores
May 2021: Rs. 1,02,709 crores
April 2021: Rs. 1.41 lakh crores (All time
Highest)
March 2021: Rs. 1.24 lakh crores
February 2021: Rs 1,13,143 crores
January 2021: Rs. 1,19,847 crores
DEFENCE
1.
3rd Goa Maritime Conclave 2021 Begins: The third edition of Goa Maritime Conclave
(GMC) 2021 has been organised by the Indian Navy from November 07 to 09, 2021
at Naval War College, Goa. Chief of the Naval Staff Admiral Karambir Singh
would chair the conclave. The theme for 2021 GMC is “Maritime Security and
Emerging Non-Traditional Threats: A Case for Proactive Role for IOR Navies”.
Chiefs of Navies/ Heads of Maritime Forces from 12 Indian Ocean Region (IOR) countries are participating in the conclave, which includes Bangladesh, Comoros, Indonesia, Madagascar, Malaysia, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka and Thailand. The conclave provides a platform to discuss non-traditional threats in the Indian Ocean Region and other issues.
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