NATIONAL UPDATES:
1. ‘Surat’ Becomes The First Navy Warship To Be
Named After A City in Gujarat: The crest
of the Indian Navy's latest warship 'Surat' will be unveiled by
Gujarat Chief Minister Bhupendra Patel.
This
is the first warship to be named after a city of Gujarat and this is
also the first time the unveiling of the crest of a warship is being
undertaken in the very city after which it has been named Defence Minister
Rajnath Singh had launched this indigenously constructed ship, which is a
guided missile destroyer, in March last year at Mumbai.
2. “AI” Named Collins Dictionary’s Word of the Year for
2023: Collins Dictionary has
named “AI” as its word of the year, defining it as an “abbreviation for
artificial intelligence: the modelling of human mental functions by computer
programs.” Considered to be the next great technological revolution, AI has
seen rapid development and has been much talked about in 2023. While AI’s capabilities
in mimicking human speech fascinated people at first, they were also the source
of some anxiety.
3. PM Modi re-elected as the chairman of Shree Somnath
Trust: Prime Minister Narendra Modi’s tenure as the
chairman of the Shree Somnath Trust has been extended by five years. During
a meeting of the board, various aspects of the temple’s operations were
discussed, including how to enhance the pilgrimage experience through the use
of technology. This marks a historic moment as it is the first time in the
74-year-long history of the Shree Somnath Trust that a chairman has been
elected for a five-year tenure. The trust has launched a video highlighting the
history and traditions of the temple.
4. RBI appoints Manoranjan Mishra as Executive Director: Manoranjan Mishra has been appointed
as Executive Director by the Reserve Bank of India (RBI). In his role as
Executive Director, Mishra will oversee the Enforcement Department, Risk
Monitoring Department, and Department of External Investments & Operations.
Prior to being promoted to ED, he was serving as Chief General Manager in the
Department of Regulation. Mishra has experience of over three decades in the
Reserve Bank having worked in the areas of regulation of banks and NBFCs,
supervision of banks, and currency management.
INTERNATIONAL UPDATES:
1. International Day for Preventing the Exploitation of
the Environment in War : The International Day for Preventing the Exploitation of the Environment
in War and Armed Conflict is a global day observed on November 6 every
year. Aim: To raise awareness about the devastating effects of war on the
environment. Theme 2023: Together for a more sustainable and peaceful future This
day reminds us of the importance of protecting our environment from the damage caused
by war and armed conflicts in different regions of the world.
2. First Australia India Education &Skill Council
meeting held at IIT Gujarat: The First Australia India Education and Skill Council (AIESC) meeting is
being held at IIT Gandhinagar,Gujarat. AIESC is a bi-national body established
in 2011 to guide the strategic direction of the education and research
partnerships between the two countries. Aim: To provide a platform for academic
and skill experts to discuss a wide range of mutually agreed priorities, with
the ultimate aim of shaping the future of education and skilling in both our
nations.
3. CBSE to open new administrative Office in UAE: In a significant development for the Indian expatriate community in the
United Arab Emirates, Union Minister Dharmendra Pradhan held a meeting
with the Principals of Central Board of Secondary Education (CBSE)
affiliated schools in Dubai. One of the significant announcements made during
the meeting was the acceptance of a long-standing demand by CBSE schools to
open a regional administrative office in UAE, recognizing the country’s central
role in overseeing CBSE-affiliated schools in the GCC region. The new office is
set to come in the Emirate of Dubai, UAE. This decision is expected to
streamline operations and enhance the educational experience for students and
teachers in these schools. The meeting was marked by a sense of unity and
inclusion, encapsulated in the phrase “Vasudaiva Kutumbakam,” which translates
to “the world is one family.” This move towards greater inclusivity is a
promising development for the Indian expatriate community and the education
sector in the UAE.
4. Vibrant Gujarat International Roadshow held in Dubai: In a bid to showcase the immense potential
for business and investment opportunities in the vibrant state of Gujarat,
the Government of Gujarat hosted the Vibrant Gujarat International
Roadshow in Dubai. The event, a prelude to the upcoming 10th Edition of the
Vibrant Gujarat Global Summit scheduled for January 10-12, 2024, served as a
platform for industry representatives from both Gujarat and the UAE to engage,
network, and explore collaborations. The roadshow succeeded in fostering
meaningful connections between industry leaders and government officials while
shedding light on the myriad opportunities for investment and growth in
Gujarat. As the state gears up for the 10th edition of the Vibrant Gujarat
Global Summit in January 2024, the prospects for business and collaboration in
this dynamic Indian state look brighter than ever.
5. Minuteman III missile test-launched by US Air Force: The S. Air Force had blown up
a Minuteman III missile over the Pacific Ocean after an anomaly was
detected following its launch from Vandenberg Space Force Base in
California. The nuclear-capable Minuteman III, made by Boeing, is key to the
U.S. military’s strategic arsenal. The missile has a range of 6,000-plus miles
(9,660-plus km) and can travel at a speed of about 15,000 miles per hour
(24,000 kph). About 400 of the missiles are located at Air Force bases in
Wyoming, Montana, and North Dakota. It is key to the U.S. military’s strategic
arsenal.
6. 5 November – World Tsunami Awareness Day :
World Tsunami Awareness Day is observed
annually on November 5. The day emphasizes the significance of early
warning systems and community preparedness in mitigating the impacts of these
catastrophic waves. Theme 2023 – Fighting Inequality for a Resilient
Future Recognized by the UN General Assembly in December 2015, World Tsunami
Awareness Day calls upon nations, international entities, and civil society to
amplify awareness efforts and explore innovative strategies for minimizing
tsunami-related risks. In December 2015, the UN General Assembly designated 5
November as World Tsunami Awareness Day, calling on countries, international
bodies, and civil society to raise tsunami awareness and share innovative
approaches to risk reduction.
OTHER UPDATES:
SPORTS
1. India lifts Women’s Asian Champions Trophy 2023 title
over Japan: In Hockey, the Indian women’s
team dethroned Japan to crown themselves Asian Champions Trophy 2023
winners. India overcame the two-time champions through goals from Sangita
Kumari, Neha, Laremsiami and Vandana Katariya. India won their maiden
Asian Champions Trophy title in 2016 in Singapore, while Japan bagged the crown
twice, in 2013 and 2021. sian Games champions China beat South Korea to secure
third place.
2. Bangladesh to host 24th Asian Archery Championships in
2025 : Bangladesh will host the
24th Asian Archery Championships in 2025 after winning votes in the bid at the
World Archery Asia Congress held in Bangkok, Thailand. A total of twenty
four member countries of the Asian continent participated in the
congress. Bangladesh and China applied for bids as host countries for the
24th Asian Archery Championship The 23rd Asian Archery Championship will begin
on Sunday (Nov 5) in Bangkok, Thailand.
3. Kohli equals Tendulkar's record of highest number of
ODI centuries: Virat Kohli hit an
unbeaten 101 runs equaling Sachin Tendulkar's record of highest
number of 49 centuries in One Day Internationals. Virat touched
the milestone in 277 innings as against Tendulkar's 452 innings.
He was adjudged Player of the match. The next batter on the list of most ODI
centuries is current captain Rohit Sharma, who has scored 31 centuries. India
is currently at Number one position with 14 points followed by South Africa at
2nd place with 12 points.
4. Indian Navy Sailing Championship 2023 begins in
Mumbai: The Indian Navy’s most awaited and largest sailing
regatta, the Indian Navy Sailing Championship, started in Mumbai. The
Championship will hold from 05 Nov to 09 Nov 23. The Indian Naval Watermanship
Training Centre (INWTC), Mumbai, one of the finest sailing facilities in the country,
is geared up to host more than 100 pan-Navy participants who will test their
sailing skills in five different classes of boats in three different formats of
racing. INSC is an annual event conducted under the aegis of the Indian Naval
Sailing Association (INSA) based at Naval Headquarters to encourage the
participation of naval personnel in competitive sailing. This edition of INSC
will see the participation of teams from the three Naval Commands comprising of
officers, cadets, and sailors (including Agniveers). Racing will take place in
three most popular formats of sailing. Fleet Racing will be in ILCA-6 class
boat for women, ILCA-7 class boat for men and BicNova class board for
windsurfing open. Team Racing will take place in Laser Bahia class boat and the
Match Racing in J24 class boat.
BANKING AND FINANCE
1. Rohit Rishi Appointed As Executive Director At Bank Of
Maharashtra: Bank of Maharashtra announced the
appointment of Rohit Rishi as Executive Director on the company’s
Board, with effect from November 1, 2023. He replaced A.B. Vijayakumar. Rohit
Rishi started his banking career as Industrial Development Officer in Indian
Bank in July 1995 and has over 28 years of experience working in diversified
areas of banking. During his tenure, he worked in all key banking
functions in various capacities mainly in credit management.
2. RBI imposes penalties on Punjab National Bank, Federal
Bank: Reserve Bank of India
imposed monetary penalties on Punjab National Bank, Federal Bank, Kosamattam Finance,
and Mercedes-Benz Financial Services India for rule violations The central bank
has imposed a penalty of Rs 72 lakh on PNB, Rs 30 lakh on Federal Bank, Rs
13.38 lakh on Kosamattam Finance
PNB
received the penalty due to several violations, including levying SMS charges
on certain accounts despite maintaining invalid mobile numbers in the Core
Banking Solution
3. Reliance Retail to acquire Arvind Fashions’ Beauty
Retail Business : Reliance Retail Ventures (RRVL) is
buying Arvind Beauty Brands Retail, a subsidiary of Arvind Fashions
that runs the Sephora India business for ₹99 crore. Reliance Retail has
entered into the fast-growing beauty business with Tira, an omnichannel beauty
retail platform. This acquisition follows earlier reports in local media
suggesting that Sephora and Reliance Retail had terminated discussions
regarding a potential retail partnership in the Indian market. Reliance Retail,
in response, launched its own beauty retail platform, Tira, in April,
positioning itself to compete with established players like Nykaa and the Tata
Group.
AWARDS AND HONOURS
1. UST wins 2023 Mahatma Awards for impactful CSR
initiatives: Leading digital transformation solutions
company UST has won the 2023 Mahatma Awards for sustainable and impactful
contributions to corporate social responsibility (CSR) in areas such as
education, health, livelihood, environment, and disaster relief. An initiative
of the Aditya Birla Group, the award was presented on Gandhi Jayanti. A
highlight of the company’s CSR drive is its Adopt-a-School programme which
impacts over 32,000 students in India and Mexico. UST supports over 104
schools, promoting accessible, quality education for all. Its initiatives
include medical support for those with disabilities and habitat restoration
projects in Kerala. The nature conservation and sustainable livelihood project
sourced 75,000 medicinal saplings in 2022 alone. In response to global crises,
UST has demonstrated its commitment to humanitarian causes, including a
$100,000 pledge to support victims of the conflict in Ukraine. UST associates
from the UK, Ukraine, and Poland volunteered to help distribute essentials in
the refugee camps.
OBITUARIES
1. NASA Apollo astronaut Thomas Kenneth Mattingly II passed away: Apollo astronaut Thomas Kenneth Mattingly II, known for helping the crew of Apollo 13 safely return to Earth after an explosion doomed their lunar mission, has died at the age of 87. Starting his career with the US Navy, Mattingly, who went by Ken and TK, eventually joined the Air Force Aerospace Research Pilot School as a student, before being chosen by NASA to be part of the astronaut class in 1966.
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