NATIONAL UPDATES:
1. IAF fighter squadron converts from MiG-21 to SU-30
MKI: The Number 4 Squadron (Oorials) of the Indian Air Force (IAF)
based at Air Force Station Uttarlai (Barmer) is converting from
the MiG-21 to the Su-30 MKI. The MiG-21 was the first supersonic
fighter in service of the IAF and was inducted in 1963. The
conversion of this squadron to Su-30 MKI implies that the IAF now operates only
two squadrons of the MiG-21. The IAF remains committed to phasing out the
MiG-21 aircraft by the year 2025.
2. PM launcheD 'Mera Yuva Bharat platform on the National
Unity Day: PM Narendra Modi launched
'Mera Yuva Bharat (MY Bharat)’ platform for the youth of the country on October
31st, at Kartavya Path on National Unity Day. THE VISION: 'Mera Yuva
Bharat (MY Bharat)’ is envisioned as a pivotal, technology-driven facilitator
for youth development and youth-led development, with the overarching goal to
provide equitable opportunities to contribute to the creation of a “Viksit
Bharat”.
3. Nokia Partners with TATA Play Fiber to Launch India’s
First WiFi6: Nokia has teamed up with
broadband provider Tata Play Fiber to roll out India's first WiFi6-ready
broadband network. As part of the deal, the Finnish gear maker will provide
Tata Play Fiber with a variety of fiber-to-the-home (FTTH) and WiFi equipment,
including optical line terminal (OLT) and optical network terminal (ONT) with
WiFi6. The partnership with Nokia allows us to bring Wi-Fi6-ready network to
our customers - which is a first in the category.
4. Uttarakhand CM inaugurates 10-day Uttarakhand Mahotsav
in UP: The 10-day Uttarakhand Mahotsav began
at Pt Govind Ballabh Pant Parvatiya Sanskritik Upvan at Gomti Bank
near Khatu Shyam mandir, Uttarakhand Chief Minister Pushkar Singh Dhami was the
chief guest on the occasion. On the first day of the ten-day Uttarakhand
Mahotsav, several groups of well-dressed men and women adorned with the
traditional costumes and jewellery of Uttarakhand thronged the venue. The
neatly designed stalls set up at the venue were the centre of attraction. A
group of 21 women artists presented a cultural programme that won the hearts of
the people.
5. Koppu Sadashiv Murthy takes charge as CMD of BHEL: Koppu Sadashiv Murthy has been appointed
as the Chairman and Managing Director of Bharat Heavy Electricals Ltd
(BHEL). Prior to this, Koppu Sadashiv Murthy was the Executive Director of the
Corporate Operations Management group at BHEL, and also simultaneously held
additional charge of Chairman and Managing Director of Bharat Pumps and
Compressors Limited (BPCL). An Electrical Engineering graduate from Bhopal
University with an MBA in Finance, Koppu Sadashiv Murthy joined BHEL in 1989 at
its Jhansi manufacturing unit. During his 34 years of years of wide-ranging and
hands-on experience in BHEL’s Corporate Office and in various manufacturing
units such as Hyderabad, Bhopal, Jhansi, and Varanasi, Murthy has developed a
comprehensive set of competencies in strategic, operational, project and
commercial management.
INTERNATIONAL UPDATES:
1. Rajeev Chandrasekhar to participate in 'AI Safety
Summit' 2023 in UK: Union Minister of State for Skill Development
Rajeev Chandrasekhar participated in the “AI Safety Summit 2023” that
is scheduled to be held in United Kingdom on November 1-2, 2023. It
will bring together Ministers and representatives from various countries,
including the UK, Australia, Canada, France among others. Aim: To enhance
the lives of its citizens while emphasizing the importance of effectively
addressing user harm and mitigating risks.
2. India, Singapore strengthen bilateral defense ties: India and Singapore decided to further
boost interaction between their armed forces as well as cooperation in military
technologies and industries. The two countries have also inked an
implementing agreement on submarine rescue support between their navies. India
is fortunate to have a defence partner like Singapore. The interaction will
benefit both countries on many bilateral issues that are being pursued to
further strengthen our special relationship.
3. World Vegan Day is observed on 1st November :
World Vegan Day is celebrated every year
on November 1 to promote the environmental and health impacts of the
vegan diet. The theme of 'World Vegan Day 2023' is ''Celebrating for a
Good Cause'. Aim: To spread awareness among people about the advantages of
a vegan diet on health and well-being. A vegan diet consists of eliminating all
animal products, including meat, eggs, poultry, and other items derived from
animals.
4. Kozhikode and Gwalior declared Creative Cities of
Literature and Music by UNESCO : On World Cities Day, Kozhikode in Kerala and Gwalior in Madhya
Pradesh became a part of the prestigious UNESCO Creative Cities
Network, adding to the list of 55 new cities. The list was released by the UN
body and Union minister G Kishan Reddy called it a “proud moment for India”.
These cities have strong commitment to harnessing culture and creativity. Kozhikode,
the venue of choice for the Kerala Literature Festival and several book
festivals, was named the ‘City of Literature’ by the UNESCO Creative Cities
Network (UCCN), making it the first such city in India. Gwalior, Madhya
Pradesh, was declared the “City of Music” by UNESCO. This is a fitting honor
for the city that produced the legendary musician Tansen and where the Scindia
Gharana has preserved and propagated music for centuries. UNESCO has shared the
full list of the new 55 cities, which include Bukhara (Crafts and Folk Art),
Casablanca (Media Arts), Chongqing (Design), Kathmandu (Film), Rio de Janeiro
(Literature), and Ulaanbaatar (Crafts and Folk Art). World Cities Day,
designated by the United Nations, falls on October 31.
5. 1 November – World Vegan Day: World Vegan Day is celebrated every year on 1 November. The
day is dedicated to spread awareness among people about the benefits of vegan
diet on health and wellbeing. Theme 2023 – Celebrating for a Good Cause It
provides a global platform for vegans and vegan organizations to promote
positive ethical, environmental, and health impacts of vegan diet. A vegan diet
is a choice that is free from animal products like eggs, poultry, meat, and
other animal derived products. There are several reasons behind adoption of
vegan diet. However, some of the specific ones include health, welfare of
animals, and sustainable environment. The history of World Vegan Day dates back
to 1 November 1994 when ‘The Vegan Society’ was established to promote veganism
and a vegan diet.
OTHER UPDATES:
SPORTS
1. Saudi Arabia To Host 2034 World Cup: Saudi Arabia was the only football association to present a bid
to host the 2034 FIFA World Cup before the deadline closed, soccer's
global governing body FIFA confirmed. FIFA had invited bids from Asia and
Oceania for the tournament and Saudi Arabia announced it would bid only minutes
after the announcement It also confirmed that the sole confirmation of interest
in hosting the 2030 World Cup came from Morocco, Portugal, Spain and
Uruguay, hosting celebratory games
2. David Willey to retire from international cricket
after World Cup 2023: England all-rounder David Willey has
announced that he will retire from international cricket at the end of the
ODI World Cup The 33-year-old made his debut for England in 2015 and since then
he has earned 70 ODI caps and 43 in T20Is. He amassed 627 runs in the 50-over
format and scalped 94 wickets at an average of 30.3 and an economy of 5.57. In
T20I he struck 226 runs and picked up 51 wickets at an average of 23.1 and an
economy of 8.18.
BANKING AND FINANCE
1. India’s Fiscal Deficit Reaches 39.3% of FY24 Target in
First Half of the Yr: The central government's fiscal deficit
touched 39.3 per cent of the full-year target in the first half of
the FY 23 slightly higher than 37.3 per cent recorded in the 2022 The
fiscal deficit, or the gap between expenditure and revenue, worked out at ₹
7.02 lakh crore at the end of Sept, as per data released by the Controller
General of Accounts. In the Union Budget, the government projected to bring
down the fiscal deficit to 5.9 per cent of the GDP in the 23-24FY
2. GST collections surge to ₹1.72 lakh in October: The government has collected Rs 1,72,003
crore in October through GST. This is the second-highest monthly
collection after the Rs 1.87 lakh crore netted in April 2023. Gross GST revenue
for October is 13 percent higher compared to the same month last year. During
the month, revenue from domestic transactions (including import of services) is
also 13 percent higher than the revenue from these sources during the same
month last year. The average gross monthly GST collection in FY 2023-24 now
stands at Rs 1.66 lakh crore, which is 11 percent higher compared to the
previous financial year. October’s GST revenues included Central GST (CGST) of
₹30,062 crore, State GST of ₹38,171 crore, and Integrated GST (IGST) of ₹91,315
crore. The government settled ₹42,873 crore to CGST and ₹36,614 crore to SGST
from IGST, resulting in a total revenue of ₹72,934 crore for CGST and ₹74,785
crore for SGST in October 2023 after regular settlements.
AWARDS AND HONOURS
1. Bangalore Kid Wins ‘Wildlife Photographer Of The Year’
Award: Vihaan Talya Vikas from Bengaluru was awarded the best
photographer in his category at the prestigious Wildlife Photographer
of the Year competition held in London. Organized by the Natural History
Museum, London, the competition showcases the finest wildlife photography from
around the world. The event is also considered the ‘Oscars of
Photography’. His photo of a spider along with Krishna’s carving clicked
on the outskirts of the city and helped him bag the award
2. Social worker Deenanath Rajput from Bastar won Rohini
Nayyar Prize: The 2nd Rohini Nayyar
Prize 2023 for outstanding contribution to rural development was presented
to Deenanath Rajput, an engineer-turned-social worker, for his work
on empowering tribal women in Bastar, Chhattisgarh. The prize was
presented in memory of late economist-administrator Rohini Nayyar. It
came with a trophy and cash prize of Rs 10 lakh. His work has included
providing agricultural extension services to farmers and building cold storage
infrastructure.
3. Vihaan Talya Vikas wins ‘Wildlife Photographer of The Year’ Award: 10-Year-Old Bangalore Kid, Vihaan Talya Vikas was awarded the best photographer in his category at the prestigious Wildlife Photographer of the Year competition held in London. Organized by the Natural History Museum, London, the competition showcases the finest wildlife photography from around the world. Vihaan’s achievement is all the more impressive considering the stiff competition he faced. His photograph rose above 50,000 entries from 95 countries to secure the coveted award in the under-10 category. The event is also considered the ‘Oscars of Photography’.
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