NATIONAL UPDATES:
1. Ministry of Culture launched Mera Gaon Meri Dharohar
Project: The Government of India has decided to map and
document all villages under Mera Gaon, Meri Dharohar (MGMD) Programme. This
National Mission on Cultural Mapping is conducted in coordination with Indira
Gandhi National Centre for the Arts (IGNCA) under the Ministry of Culture. Under
the MGMD, information is collected under seven broad categories.
2. India to have 4,500 Vande Bharat trains by 2047: As per union minister Scindia, 23 Vande
Bharat trains are running in the country and the mission is to run 4,500 Vande
Bharat trains by 2047. Jyotiraditya Scindia announced that the Indian Railway
system is growing the fastest in the world. Railway budget in 2013-14 was 29
thousand crore rupees and now it is 2 lakh 40 thousand crore rupees.
INTERNATIONAL UPDATES:
1. India Climbs to 7th Place in Global Climate Performance
Index: India has ascended to the
7th position in this year's Climate
Change Performance Index (CCPI), showcasing a commendable
improvement from its previous ranking. The announcement came during the global
COP-28 held in Dubai, where India reaffirmed its status among the top
performers for the fifth consecutive year. The Climate Change Performance Index (CCPI) tracks countries’
efforts to combat climate change.
2. Dubai Inaugurates World's Largest Concentrated Solar
Power Project: PM Of UAE Sheikh Mohammed bin Rashid Al
Maktoum inaugurated the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, marking the launch of
the world's largest concentrated solar power project. The 950 MW phase,
constructed at an investment of AED15.78 billion, utilizes three hybrid
technologies: 600MW from a parabolic basin complex, 100MW from a CSP tower. The
project features the tallest solar tower in the world, at 263.126 metres.
3. India to Extend $250 Million Line of Credit to Kenya: India has committed a $250 million Line of
Credit to Kenya for the modernization of its agricultural sector. The
announcement came following talks between Indian Prime Minister Narendra Modi
and Kenyan President William Samoei Ruto. Modi and Ruto discussed and agreed to
strengthen bilateral ties in various sectors, including defence, trade, energy,
digital public infrastructure, and healthcare.
4. World Radiocommunication Conference 2023 appoints
UAE’s Mohammed Al Ramsi as Chairman: United Arab Emirates’ Mohammed Al Ramsi has been
appointed Chairman of the World
Radiocommunication Conference 2023 (WRC 23). The event is being
held in Dubai, UAE, from November 20th to December 15th, 2023. WRC is organized
by the International Telecommunication Union (ITU) every four years to revise
the global use of radio-frequency spectrum, geostationary-satellite, and
non-geostationary-satellite orbits. This year, more than 4,000 government
officials and 900 international organizations from 193 countries are attending
the conference.
OTHER UPDATES:
DEFENCE
1. Defense Ministry partners with ISB to offer
scholarships for ex-servicemen: The Defense Ministry has collaborated with the prestigious Indian
School of Business (ISB). The initiative focuses on providing scholarships to military
personnel transitioning to civilian life after retirement. The
Department of Ex-Servicemen Welfare has forged a partnership with ISB to
facilitate educational opportunities for veterans. The collaboration intends to
equip armed forces personnel with the latest and in-depth management skills,
leveraging the substantial skillset they already possess. As part of this
collaboration, ISB will extend a 50 percent tuition fee waiver across its
postgraduate and advanced management programmes, amounting to a total of Rs 2.3
crore annually. This generous scholarship initiative is expected to benefit 22
ex-servicemen each academic year, fostering their academic pursuits and aiding
their transition to civilian roles.
SPORTS
1. ICC launches new vibrant logo for Men’s and Women’s
T20 World Cup 2024: International
Cricket Council (ICC) has unveiled the logo for the upcoming T20 World Cup in Men’s and Women’s
cricket next year. While the men’s event is set to take place from June 4 to June 30, 2024
in the West Indies and USA.
While, Women’s T20 World Cup will
happen in Bangladesh. The new logo, according to ICC, captures the
inherent drama the shortest forma brings with it. It also showcases the
relentless energy in T20 cricket even as the new brand identity incorporates
textures and patterns inspired by host country.
BANKING AND FINANCE
1. PM Modi inaugurates first Indian Art & Design
Biennale at Red Fort: Prime Minister Narendra Modi inaugurated the first Indian Art, Architecture and Design Biennale (IAADB)
at Red Fort in New Delhi. He unveiled seven research publications on the
occasion. The Prime Minister also
inaugurated Aatmanirbhar Bharat
Centre for Design. IAADB is being organized in line with the PM's
vision to develop a flagship global cultural initiative in the country.
2. UPI limit for healthcare & education payments
hiked to 5 lakh: The RBI announced an
increase in the UPI transaction limit for hospitals and education services to
Rs 5 lakh. The limit for recurring digital payments without second-factor
authentication was enhanced to Rs 1 lakh for mutual fund subscription,
insurance premium, and card bills. The RBI also plans to create a repository
for fintechs to store important information. The Reserve Bank Innovation Hub
aims to make the repository operational by April 2024.
3. IDFC FIRST Bank launches “FIRST SWYP” credit card: IDFC FIRST Bank has introduced youth-centric “FIRST SWYP” credit card in
partnership with Mastercard. This card can be used as a no-interest charge card
and has curated features -- flexible bill repayments through EMIs, a
benefit-laden referral program, and exclusive and relevant merchant
partnerships. The card will address demands of new-age customers, blending benefits
across their favorite categories of spends and lifestyle-related offers.
AWARDS AND HONOURS
1. TIME ranks Sam Altman as CEO of the Year: Sam Altman was
named CEO of the Year 2023 by TIME
magazine. Sam Altman marked ‘10-out-of-10 crazy thing to live through’
when he had to spend a rather strange Thanksgiving- losing a company he
co-founded, only to be reinstated after five frantic days. Sam Altman
co-founded OpenAI developed ChatGPT, a revolutionary tool, launched in November
2022. ChatGPT became one of the most rapidly adopted technology ever.
TIME
eulogized American singer Taylor Swift being made Person of the Year as, the
editors pointed out, since 1927, the ‘person chosen has typically been a ruler
over traditional domains of power. He—and yes, usually it has been a “he”—is
very often a politician or a titan of industry. Fourteen US Presidents, five
leaders of Russia or the Soviet Union, and three Popes have all been
recognized. Athlete of the Year – Lionel Messi DE
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