NATIONAL UPDATES:
1. IndoSpace Signs Rs 2000 Cr Deal With Tamil Nadu Govt: India’s leading developer and owner of Grade A industrial real
estate, IndoSpace has signed an MoU with the government of Tamil
Nadu to invest over Rs 2,000 crore in the state. This investment by
IndoSpace is expected to generate 15,000 new jobs, providing a substantial
boost to employment opportunities in the state. IndoSpace has an existing land
bank of around 600 acres in the region. With an expansive presence of 14 Grade
A industrial and logistics parks strategically located around the main
industrial hubs, IndoSpace has developed and leased around 13 million sq ft
with a total investment of Rs 4,000 crore in the state.
2. Haldia Petrochemicals becomes India’s first BSI
Certified ISO 27001:2022 Petrochemical firm: Haldia
Petrochemicals Ltd (HPL), a leading petrochemicals company in
India, has become the first ISO
27001:2022 certified petrochemical organization in the industry by BSI (British
Standards Institution), a renowned certification body. This
milestone showcases HPL’s commitment to maintaining a robust and secure
information security governance structure throughout its digital transformation
journey. The Certification demonstrates HPL’s commitment towards a secure and
reliable digital environment for a seamless exchange of information across
internal and external stakeholders.
3. Khadi Bhawan unveils 'Sanatan Khadi Vastra’: The Khadi and Village Industries Commission
(KVIC) launched its latest collection, "Sanatan Khadi Vastra". KVIC
Chairman Manoj Kumar announced
a special 20% discount on the new collection alongside broader discounts
ranging from 10% to 60% on all Khadi and village industry products at Khadi
Bhawan from January 17 to 25, 2024. "Sanatan Vastra" embodies Prime
Minister Narendra Modi's vision of "Khadi for Nation, Khadi for Fashion,
and Khadi for Transformation. PM Modi
releases six commemorative postage stamps on Shri Ram Janmbhoomi
4. PM Modi releases six commemorative postage stamps on
Shri Ram Janmbhoomi: Prime Minister Narendra Modi released six commemorative postage stamps on
Shri Ram Janmbhoomi Mandir. He also released an album of stamps issued on Lord
Ram around the world. The components of the design include the Ram Mandir,
Choupai Mangal Bhavan Amangal Hari, Sun, Sarayu River, and Sculptures in and
around the Temple.
5. Union Minister Launches Project for Artificial Reefs
in Vizhinjam: Union Minister of
Fisheries Sri. Parshotham Rupala launched
the project of depositing artificial reefs in the seabed in Vizhinjam,
Thiruvananthapuram, via Videoconferencing. The project is aimed at increasing
the income of fishermen by enhancing the fish population in the region. The
project is being implemented under Pradhan Mantri Matsya Sampada Yojana with a
total outlay of 13.02 crore. In the first phase, 6,300 artificial reefs will be
laid in 42 fishing villages.
INTERNATIONAL UPDATES:
1. 18 January 2024 – Women’s Healthy Weight Day: Women’s Healthy Weight Day is observed every year on the
Thursday of the third week of January. This year it’s being celebrated on
January 18. The day aims at spreading awareness around the concept of healthy
weight and steps to achieve the ideal weight. Maintaining a healthy weight is
important for both men and women and it not only helps you feel better and more
energetic but can also reduce risk of falling ill due to chronic diseases like
cardiovascular illness, hypertension, type 2 diabetes, fatty liver disease,
thyroid issues to name a few. A balanced meal should be consumed to maintain a
healthy weight whether you are on a higher or lower side of the ideal weight.
2. Asia's largest civil aviation event ‘Wings India 2024’
in Hyderabad: Union Civil Aviation
Minister Jyothiraditya Scindia inaugurated the prestigious Wings
India 2024 and Global Aviation Summit at Begumpet Airport in Hyderabad. The
Wings India 2024 is being held with the main theme ‘Connecting India with
the World in Amritkal’ and holds deliberations over the strategies and
strategic framework for the future Aviation Sector of the country. He also
digitally launched the GMR Aero School of Aviation.
OTHER UPDATES:
DEFENCE
1. AN Pramod assumed charge as the Director General Naval
Operations (DGNO): Vice Admiral AN
Pramod has assumed charge as the Director General Naval Operations (DGNO). An alumnus of the 38th
Integrated Cadet Course, Naval Academy, Goa, he was commissioned into the Indian
Navy on 01 July 1990. The Flag Officer is a CAT ‘A’ Sea King Air Operations
Officer and a Communication & Electronics Warfare Specialist. He did the
Staff Course at DSSC Wellington (Nilgiris) and the Naval Higher Command Course
at NWC, Goa.
2. India,Thailand organized first bilateral exercise
“Ex-Ayutthaya”: The
Indian Navy and Royal Thai Navy (RTN) conducted a maiden bilateral exercise, named
‘Ex-Ayutthaya’, which symbolizes the significance of ‘Ayodhya’ in India
and Ayutthaya in Thailand, which holds historic legacies and has rich cultural
ties. The Indian Naval ships Kulish and IN LCU 56 participated in the inaugural
edition of the exercise. The Royal Thai Navy side was represented by His Thai
Majesty’s Ship (HTMS) Prachuap Khiri Khan. The 36th edition of the
India-Thailand Coordinated Patrol (Indo-Thai CORPAT) was also conducted along
with the maiden bilateral exercise. Moreover, the Maritime Patrol Aircraft from
both navies participated in the sea phase of the exercise.
SPORTS
1. Pat Cummins and Deepti Sharma won ICC Players of the
Month for December 2023: ICC
revealed the Men’s and Women’s
Player of the Month award winners for December 2023. Australia skipper Pat Cummins wins ICC Men’s Player of the Month award for
December 2023 for bowling heroics in the Test triumph against
Pakistan. Meanwhile, Deepti Sharma
of India won the maiden ICC Women’s Player of the Month award for December 2023 thanks
to her multi-format brilliance against England and Australia.
BANKING AND FINANCE
1. Yes Bank deploys Veefin’s SmartFin supply chain
finance solution: Yes Bank has launched SmartFin, an
end-to-end digital supply chain finance (SCF) platform, powered by Veefin Solutions. The
initiative reflects Yes Bank’s commitment to fostering innovation and enhancing
its digital offerings, particularly in the realm of working capital
efficiencies. The SmartFin platform, through its end-to-end digital offerings,
will help us drive the required operational & financial efficiencies for
all stakeholders.
2. LIC overtakes SBI to become the most valuable PSU: Life Insurance
Corporation of India, a government-owned insurance giant, has
regained its status as the most valued public sector undertaking, surpassing the market capitalization of
State Bank of India. While SBI holds a market value of Rs 5.63 lakh
crore, LIC has surpassed it with a market capitalization (MCap) of Rs 5.64 lakh
crore. In 17 Jan, SBI stock witnessed a 1.5 percent decline to Rs 624, whereas
LIC traded at Rs 896 on the BSE, showing a 0.2 percent increase. Concurrently,
the benchmark BSE Sensex experienced a 1.02 percent loss, settling at 72,386
points. In 2023, LIC witnessed a remarkable gain of over 22%, and in the
ongoing year, 2024, it has surged by an additional 7.5%. In contrast, SBI made
modest progress with an advancement of nearly 5% in the previous year, but in
the current year, it has incurred a loss of over 1%
3. Government of India Launches Sovereign Gold Bonds 2023-24: In a strategic move to channelize domestic savings into financial instruments, the Government of India has launched the Sovereign Gold Bond Scheme 2023-24 (Series III) Stemming from the inaugural scheme in Nov 2015 under the Gold Monetisation Scheme, aims to reduce the demand for physical gold. The scheme introduces a digital discount for online applications, enhancing the accessibility and attractiveness of secure gold investments to a diverse investor base.
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