NATIONAL UPDATES:
1. NBA Releases ₹40 Crore to Boost Red Sanders
Conservation in Andhra Pradesh: The National
Biodiversity Authority has released ₹36 crore to the Andhra Pradesh Forest
Department and ₹1.48 crore to the Andhra Pradesh State Biodiversity
Board for conserving Red Sanders, taking India’s Access and Benefit
Sharing (ABS) disbursements to over ₹110 crore.Red Sanders, known for its deep
red timber, grows naturally only in specific parts of the Eastern Ghats, mainly
in Anantapur, Chittoor, Kadapa, Prakasam and Kurnool districts of Andhra
Pradesh.A total of ₹87.68 crore was generated through regulated access to
auctioned/seized Red Sanders wood, while over ₹49 crore has already been
disbursed to forest departments of Andhra Pradesh, Karnataka, Odisha, and to
farmers (₹3 crore to 198 farmers in AP and ₹55 lakh to 18 farmers in Tamil
Nadu).
2. Ministry of Steel Launches ‘SARAL SIMS’ to Simplify
Steel Import Registration for Small Importers:
The Ministry of Steel has launched ‘SARAL SIMS’ to simplify
compulsory registration under the Steel Import Monitoring System,
especially for small importers and export-linked imports under Advance
Authorisation, SEZ, and EOU routes.Under SARAL SIMS, importers need to declare
only the total intended annual quantity, after which they receive a SARAL
SIMS number that allows multiple steel consignments to be imported in that
year without needing separate SIMS numbers for each consignment.If actual imports under
SARAL SIMS exceed 1000 MT in a financial year, importers must shift to the
regular SIMS system, and once shifted, they cannot return to SARAL SIMS for
that financial year; for FY 2025-26, a temporary lower threshold of 500 MT
applies until April 2026.The regular SIMS process has also been simplified by
reducing required data fields from 56 to 20, and importers must file an Annual
Return detailing actual imports under SARAL SIMS by 30th April of the next
financial year.
3. “Humara Shauchalaya, Hamara Bhavishya” Campaign
Launched to Strengthen Rural Sanitation Nationwide: The Department of Drinking Water and Sanitation launched
the nationwide campaign “Humara Shauchalaya, Hamara
Bhavishya” on World Toilet Day 2025, running from 19 November to 10
December, to promote the importance of toilets and safe sanitation for a
cleaner future.The campaign focuses on functionality assessment, repair, and
aesthetic improvement of rural toilets—both Community Sanitary Complexes (CSCs)
and Individual Household Latrines (IHHLs)—in line with the goals of Swachh
Bharat Mission (Grameen).It aims to raise awareness, especially in schools, on
hygiene practices, proper faecal waste handling, and strengthening community
participation (Jan Bhagidari) for sustaining ODF and ODF Plus achievements.States
and UTs are tasked with engaging local personalities, community groups, youth
organizations, and schoolchildren, while also recognizing sanitation workers
and distributing IHHL sanction letters during the campaign.
4. Four Labour Codes come into force from today,
reforming 29 existing laws: The Centre has
implemented all four Labour Codes — Code on Wages (2019), Industrial
Relations Code (2020), Code on Social Security (2020), and OSHWC Code (2020)
— effective 21 November 2025, replacing 29 Central labour laws.The new
framework expands minimum wage entitlement, timely wage payment, appointment
letters, and extends social-security coverage, including to gig and platform
workers.Under the Social Security Code, ESI coverage becomes pan-India,
applicable even to establishments with one hazardous worker; women can work
night shifts across sectors with safety measures.Fixed-term employees get
benefits equal to permanent workers, including gratuity after one year;
improved protections are provided for contract, migrant and older workers with
mandatory annual health check-ups.Compliance is simplified through single
registration, single licence, and single return, with an
inspector-cum-facilitator model; Industrial Tribunals and dispute mechanisms are
streamlined for faster resolution.
5. 21st November – National Philosophy Day: National Philosophy Day is observed on 21st November to
promote critical thinking, intellectual dialogue, and reflection on ethical,
social, and cultural issues. Theme 2025 – Philosophy and Global Dialogue
in the Digital Era The day highlights the importance of philosophy in shaping
human values, encouraging clarity of thought, reason-based decision-making, and
moral responsibility.
INTERNATIONAL UPDATES:
1. GeM–UN Women Sign MoU to Strengthen Women
Entrepreneurs’ Participation in Public Procurement: GeM, Ministry of Commerce and Industry, and UN
Women signed an MoU to empower
women entrepreneurs—especially from the informal sector—by integrating
them into India’s public procurement system through training, validation
support, and global best practices.
UN
Women will create training modules, promote the Womaniya platform, share
success stories, encourage Udyam registration, and support onboarding of
women-led businesses while mobilising women trainers.GeM will conduct
capacity-building workshops, train government buyers, provide vernacular
learning material, engage women trainers, and link women entrepreneurs with
R&D labs to boost product development, gender-responsive procurement, and
SDG-5 outcomes.
2. 21st November – World Hello Day: World Hello Day is
observed every year on 21st
November to promote peace, communication, and dialogue between
people worldwide.The day encourages individuals to say “Hello” to at least 10
people as a simple act to show that conflicts can be resolved through
discussion rather than violence.Started in 1973, World Hello Day was created in
response to the Yom Kippur War to emphasize the importance of peaceful
communication.
3. Malaysia to Ban Social Media for Users under
16: Malaysia will implement a nationwide restriction prohibiting users under 16
from accessing social media platforms starting next year, becoming part of a
growing global movement to regulate children’s online activity. The decision
aims to curb cyberbullying, scams and exploitation amid rising concerns over
digital safety. Communications Minister Fahmi Fadzil confirmed that Malaysia is studying international models, including those in Australia, to enforce strict age limits. Authorities emphasise the need to
protect minors from online risks such as harassment, financial fraud and child
sexual abuse. The government expects platforms to comply with the new age
requirement by next year. Several countries are tightening controls on youth
access to digital platforms. Australia will begin disabling accounts belonging to users under 16, while
multiple European nations — including France, Spain, Italy, Denmark and Greece — are jointly testing an age
verification framework. The trend reflects broad concern over the mental health
impact of social media on teenagers.
OTHER UPDATES:
DEFENCE
1. India–France Sign Key DRDO–DGA Agreement to Boost
Joint Defence Technology and R&D Cooperation: DRDO (India) and the Directorate General of Armaments
(France) signed a technical agreement to strengthen joint defence
research, development, testing, training, and information exchange for future
defence needs.The agreement enables the transfer of technology, equipment, and
know-how between both nations and includes collaborative programmes such as
workshops, seminars, and joint R&D activities.Key cooperation areas include
aeronautics, unmanned systems, advanced materials, cybersecurity, AI, space
technologies, navigation, propulsion, sensors, quantum technologies, and
underwater systems, aiming to develop next-generation defence solutions.
2. Indian Navy Commissions Indigenous
Anti-Submarine Vessel Mahe: The Indian Navy will commission Mahe, the first vessel
of the Mahe-class Anti-Submarine Warfare Shallow Water Craft, marking a major
milestone in India’s drive toward naval self-reliance. The ceremony at the
Naval Dockyard in Mumbai signifies the induction of a new generation of fast,
compact and highly indigenous shallow-water combatants. The event will be
hosted by Vice-Admiral Krishna Swaminathan, Flag Officer Commanding-in-Chief of
the Western Naval Command, with the Chief of the Army Staff General Upendra
Dwivedi presiding. This commissioning underscores joint service cooperation at
a time of growing emphasis on maritime security. Mahe has been conceived as a
“Silent Hunter” for the Western Seaboard. With its blend of stealth, agility
and firepower, the vessel is equipped to detect and neutralise submarines,
undertake coastal patrols and secure vital approaches to Indian ports. Its
capabilities position it as a key asset for dominating littoral zones where
mobility and rapid response are crucial.
SPORTS
1. Roger Federer Elected to International Tennis Hall of
Fame Class of 2026: Swiss tennis legend
Roger Federer, the first man to win 20 Grand Slam singles titles, has been elected to the International Tennis Hall of
Fame (ITHF) Class of 2026 in his first year of eligibility.Federer, who
retired in 2022 after winning 103 career titles, was the only player to receive
the required 75% votes in the player category for the 2026 induction.The
official induction ceremony will take place in August 2026 at Newport, Rhode
Island, marking a major honour in his legendary tennis career.
SCIENCE AND TECHNOLOGY
1. India hosts the second Regional Open Digital Health
Summit (RODHS) 2025: The Regional Open Digital Health Summit 2025 (RODHS 2025) opened
in New Delhi, bringing
together leaders from India and South-East Asia to discuss how Digital Public
Infrastructure, open standards, and technologies like Generative AI can
strengthen Universal Health Coverage.Speakers from NeGD, WHO, UNICEF, NHA, and
Ministry of Health emphasised the urgency of collaboration, interoperability,
equity, and secure digital systems—highlighting India’s platforms such as ABDM,
CoWIN, Aadhaar, and UPI as models of scalable Digital Public
Infrastructure.Multiple sessions focused on key themes including open standards
(FHIR), foundational DPI (identity, payments, registries, data exchange),
interoperability, governance reforms, and AI-driven health innovation, with
representatives from India, Nepal, Bangladesh, Sri Lanka, Thailand, and the Maldives.The
first day showcased Generative AI use cases—from AI diagnostics to multilingual
patient engagement—demonstrating how scalable digital tools can transform
healthcare and reinforcing the region’s commitment to equitable, secure, and
interoperable digital health systems.
BANKING AND FINANCE
1. India Releases Top 100 NBFCs Ranking 2025 Based on
AUM: India’s NBFC sector remains
a major pillar of the financial
system, with total assets reaching ₹45 trillion in 2025, driven by strong growth in consumer
credit, MSME financing, vehicle loans, gold loans, and digital lending models. India’s Top 100 NBFCs Ranking 2025 has
been released by Elets Technomedia and
The Banking & Finance Post, based entirely on Assets Under
Management (AUM) using audited data from FY24–FY25.sA rigorous, transparent
methodology was used, sourcing data from balance sheets, annual reports, credit
rating rationales, and regulatory filings, ensuring credibility and
comparability across institutions.Power Finance Corporation (PFC) topped the
ranking with an AUM of ₹11.78 lakh crore, followed by REC, Bajaj Finance, LIC
Housing Finance, and Tata Capital, reflecting the dominance of large,
diversified lenders in India’s NBFC ecosystem.
AWARDS AND HONOURS
1. Chhattisgarh’s 12 Districts Win National Water Awards for Outstanding Water Conservation Efforts: Twelve districts of Chhattisgarh received national recognition at the 6th National Water Awards and Jal Sanchay Jan Bhagidari 1.0 Awards, with President Droupadi Murmu felicitating them for exemplary water conservation and community-driven initiatives.Raipur, Rajnandgaon, Mahasamund, Balodabazar–Bhatapara, Balod, Bilaspur, Durg, Balrampur, and others secured top rankings across multiple categories for constructing lakhs of water structures and promoting public participation. Several districts received major incentives, including ₹2 crore for Rajnandgaon and Balod, ₹1 crore for Balodabazar–Bhatapara, and ₹25 lakh each for Bilaspur, Durg, and Balrampur, recognising their large-scale water conservation achievements.
No comments:
Post a Comment