National affairs

Inauguration of the 17th Urban Mobility India Conference & Exhibition 2024 in Gandhinagar

 The 17th Urban Mobility India (UMI) Conference & Exhibition 2024 was inaugurated by Bhupendra Patel, the Chief Minister of Gujarat, at the Mahatma Mandir Convention Centre in Gandhinagar, Gujarat. The conference, held from 25th to 27th October 2024, focused on the theme of ‘Standardization and Optimization of Urban Transport Solutions’. Organized by the Ministry of Housing and Urban Affairs (MoHUA), in collaboration with the Institute of Urban Transport (India) and supported by the Government of Gujarat and Gujarat Metro Rail Corporation (GMRC), the event brought together experts and stakeholders to discuss urban mobility solutions.

During the closing ceremony, awards for Best Practices in Urban Transport were presented to state and city authorities across 9 categories for their contributions to urban transport projects.

Key Points:

• Bhupendra Patel, CM of Gujarat, inaugurated the conference at Mahatma Mandir Convention Centre.
• The theme of UMI 2024: ‘Standardization and Optimization of Urban Transport Solutions’.
• Organized by MoHUA, Institute of Urban Transport (India), with the support of Government of Gujarat and GMRC.
• Held from 25th October to 27th October 2024.
• Awards for Best Practices in Urban Transport presented in 9 categories during the closing ceremony.

About MoHUA:

• Union Minister: Manohar Lal Khattar (Constituency – Karnal, Haryana).
• Minister of State (MOS): Tokhan Sahu (Constituency – Bilaspur, Chhattisgarh).

Rajnath Singh Launches ADITI 3.0 and DISC 13 to Boost Indigenous Defence Innovation

Union Minister Rajnath Singh, from the Ministry of Defence (MoD), launched two key initiatives aimed at promoting indigenous defence technologies: the 3rd edition of the Acing Development of Innovative Technologies (ADITI 3.0) Challenge and the 13th Defence India Start-up Challenges (DISC 13). These initiatives were unveiled during Swavlamban 3.0, held at Bharat Mandapam, New Delhi, and organized by the Naval Innovation and Indigenisation Organisation (NIIO).

Key Points:

• ADITI 3.0 Challenge:
  • Aims to foster innovation in defence technology by encouraging startups and enterprises to develop cutting-edge solutions.
  • Notable challenge: The Indian Navy’s challenge to develop a High-Power Microwave Weapon System, reflecting India’s focus on advanced military capabilities.
• DISC 13:
  • The 13th edition of DISC includes 7 challenges focused on improving operational efficiencies within the armed forces.
  • Challenges span various domains to strengthen India’s defence capabilities through innovation.

Indian Railways Signs MoU with Switzerland to Strengthen Technical Cooperation

The Indian Railways (IR), under the Ministry of Railways (MoR), has signed a renewed Memorandum of Understanding (MoU) with the Federal Department of the Environment, Transport and Communications (DETEC) of Switzerland to enhance technical cooperation. The agreement was formalized through a video-conference and was jointly approved by the MoR and the Ministry of External Affairs (MEA), with the aim to bolster ties between India and Switzerland in the rail sector.

The event was attended by Mridul Kumar, India’s Ambassador to Switzerland, and Albert Roesti, head of DETEC, Switzerland.

Key Points:

• The MoU focuses on strengthening technical cooperation in areas such as technology sharing, track maintenance, management, and construction, aligning with India’s goals to modernize its railway system.
• Swiss companies will provide specialized machinery, materials, and consultancy services for tunneling projects in India.

About Ministry of Railways (MoR):

• Union Minister: Ashwini Vaishnaw (Rajya Sabha – Odisha)
• Ministers of State (MOS): V. Somanna (Constituency – Tumkur, Karnataka), Ravneet Singh (Rajya Sabha – Rajasthan)

About Switzerland:

• President: Viola Amherd
• Capital: Bern
• Currency: Swiss Franc

Australia Selected as “Country of Focus” for IFFI 2024

 Australia has been chosen as the “Country of Focus” for the 55th edition of the International Film Festival of India (IFFI), which will be held in Panaji, Goa, from 20th to 28th November 2024. This recognition celebrates Australia’s significant contributions to the global film industry, showcasing its rich storytelling traditions and innovative cinematic techniques.

During IFFI 2024, 7 Australian films will be featured, representing a diverse range of genres, including critically acclaimed dramas, documentaries, thrillers, and comedies. The “Country of Focus” segment is one of the key highlights of IFFI, offering a dedicated platform to present contemporary films from the featured nation.

Key Points:

• Australia is named the “Country of Focus” for IFFI 2024 in Goa (20th to 28th November).
• The “Country of Focus” segment will showcase 7 Australian films, covering a range of genres from dramas to thrillers and comedies.
• This recognition celebrates Australia’s contributions to global cinema and highlights its rich film culture and cinematic innovation.

About IFFI (International Film Festival of India)

• Founded: 1952
• Location: Panaji, Goa, India (annually)
• Organizer: Ministry of Information & Broadcasting (MIB), Government of India

President Droupadi Murmu Embarks on First Visit to Indian Navy Ships Aboard INS Vikrant

On 7th November 2024, Honorable President Droupadi Murmu embarked on her first visit to Indian Navy ships at sea, marking a significant milestone in her engagement with the armed forces. The President boarded the **indigenous aircraft carrier INS Vikrant, where she observed a series of advanced operational demonstrations, highlighting the Indian Navy’s combat capabilities and maritime prowess. This visit underscores the growing significance of India’s naval strength and technological advancements, with the INS Vikrant being a key symbol of India’s indigenous defense manufacturing.

Key Points:

• President Droupadi Murmu visited INS Vikrant, the indigenous aircraft carrier of the Indian Navy, on her first visit to Navy ships at sea.
• The visit included advanced operational demonstrations, showcasing the Indian Navy’s combat capabilities.
• INS Vikrant represents a major milestone in India’s naval power and indigenous defense development.
• The event highlights the importance of maritime security and the strengthening of India’s naval forces.

                                         International news

Brazil Rejects Participation in China’s Belt and Road Initiative (BRI)

Brazil has officially decided not to join China’s Belt and Road Initiative (BRI), becoming the second BRICS nation, after India, to reject participation in the infrastructure project. Brazilian President Luiz Inácio Lula da Silva, through his Special Adviser for International Affairs, Celso Amorim, clarified that Brazil intends to strengthen its relationship with China but without entering into a formal treaty or committing to the BRI framework. Instead, Brazil aims to use elements of the BRI to create synergies with its own infrastructure projects and attract Chinese investment without full participation in the initiative.

Key Points:

• Brazil has chosen not to join China’s Belt and Road Initiative (BRI), becoming the second BRICS country (after India) to reject the project.
• Brazil seeks to enhance relations with China but without entering into a formal contract to join the BRI.
• Brazil plans to leverage elements of the BRI framework to align its infrastructure projects with Chinese investment without formal participation.
• BRICS originally included Brazil, Russia, India, China, and South Africa, but Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE have been admitted as new members.
• The BRI, also known as the One Belt One Road or New Silk Road, is a global development strategy launched by China in 2013 to enhance connectivity and cooperation primarily across Asia, Europe, and Africa.

About Brazil:

• Capital– Brasília
• Currency– Brazilian real
• President– Luiz Inácio Lula da Silva

About China:

• Capital: Beijing
• Currency: Renminbi (RMB), commonly referred to as the Yuan (CNY).
• President: Xi Jinping

Election Commission of India Signs Electoral Cooperation Agreement with Uzbekistan

The Election Commission of India (ECI) signed an ‘electoral cooperation’ agreement with Uzbekistan’s Central Election Commission during the visit of Chief Election Commissioner (CEC) Rajiv Kumar to Tashkent. The signing took place as Rajiv Kumar visited Uzbekistan as an international observer for the country’s 27th October 2024 elections. The Memorandum of Understanding (MoU) aims to strengthen the interaction and cooperation between the two Election Management Bodies (EMBs) for mutual benefits in the field of electoral processes and democracy.

Key Points:

• The MoU will deepen bilateral cooperation between India’s ECI and Uzbekistan’s Central Election Commission, benefiting both democracies.
• Both countries have previously exchanged observers during elections. For instance, Uzbekistan’s officials observed India’s 2024 Lok Sabha elections.
• Both the ECI and Uzbekistan’s election body actively participate in global electoral forums like the Association of World Election Bodies (A-WEB) and the Association of Asian Election Authorities (AAEA), which promote the exchange of best practices and knowledge in electoral management.
• The MoU is part of a broader effort by the ECI, which has signed agreements with over 30 Election Management Bodies (EMBs) worldwide, strengthening India’s role in international electoral cooperation.

About Uzbekistan:

• President: Shavkat Mirziyoyev
• Capital: Tashkent
• Currency: Uzbekistani

                                          Banking news

RBI Introduces Amendments to KYC Guidelines: Key Changes and Updates

The Reserve Bank of India (RBI) has introduced six amendments to the Master Direction – Know Your Customer (KYC) Directions, 2016, effective from November 6, 2024. These changes are aimed at enhancing the customer due diligence (CDD) process for Regulated Entities (REs) and aligning with recent legal developments.

Reasons for Amendments:

1. Alignment with Amendments to the Prevention of Money Laundering (Maintenance of Records) Rules, 2005.
2. Implementation of Section 51A of the Unlawful Activities (Prevention) Act (UAPA), 1967.
3. Revision of existing KYC instructions.

Key Amendments:

1. Customer Acceptance Policy (Paragraph 10f):

1. CDD must be applied at the Unique Customer Identification Code (UCIC) level.
2. Existing KYC-compliant customers can open new accounts or access services without undergoing a new CDD process.
3. High-Risk Accounts Monitoring (Paragraph 37):
4. The definition of high-risk accounts is clarified, emphasizing intensified monitoring for these accounts.
5. KYC Updation (Paragraph 38):
6. The term “periodic updation” replaces “updation” for clearer timing and process on KYC updates.
7. KYC Records and CKYCR (Paragraph 56h & 56j):
8. REs must update KYC data of individual and legal entities with the Central KYC Records Registry (CKYCR) within seven days of receiving new information.
9. Changes in UAPA Procedures:
10. The designation of the Central Nodal Officer under UAPA, 1967 is updated from ‘Additional Secretary’ to ‘Joint Secretary’.
11. Terminology Update:
12. References to “section” in the Master Direction are replaced with “paragraph” for consistency in legal language.

About RBI:

• Governor: Shaktikanta Das
• Deputy Governors: Swaminathan Janakiraman, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar
• Established: April 1, 1935
• Headquarters: Mumbai, Maharashtra

SBI Raises Rs 5,000 Crore via AT-1 Bonds at 7.98% Coupon Rate

State Bank of India (SBI), based in Mumbai, Maharashtra, has successfully raised Rs 5,000 crore through its first Basel III compliant Additional Tier 1 (AT-1) bond issuance for the Financial Year 2025. The bonds were issued at a coupon rate of 7.98%.

Key Highlights:

Overwhelming Demand:

The bond issue attracted bids over 3.5 times the base issue size of Rs 2,000 crore, indicating strong investor interest.

Ratings:

The bonds have been assigned an AA+ rating with a stable outlook by both CRISIL and CARE Ratings.

Diverse Participation:

A total of 108 bids were received, reflecting wide participation from a range of qualified institutional bidders, including:

Provident funds,Pension funds, Insurance companies,Mutual funds, Non-Banking Financial Companies (NBFCs), Banks, etc.

Purpose of AT-1 Bonds:

AT-1 bonds are debt instruments issued by banks to raise capital and strengthen their capital base, helping them comply with regulatory capital requirements under Basel III norms.

 State Bank of India (SBI)

• Type: Public Sector Bank
• Headquarters: Mumbai, Maharashtra
• Established: 1st July 1955
• Tagline: “The Banker to Every Indian”
• Chairman: Dinesh Kumar Khara (as of 2024)

SEBI Bars OCAL and Promoters Over Fund Diversion and Misrepresentation

The Securities and Exchange Board of India (SEBI) has banned Onelife Capital Advisors Limited (OCAL) and its promoters, Pandoo Naig and Prabhakara Naig, from participating in the securities market due to allegations of fund diversion and misrepresentation of financial records.

Key points:

• SEBI has prohibited the Naigs from serving as directors or key managerial personnel in any listed company that raises public funds or any SEBI-registered intermediary.
• OCAL has been found involved in hidden transactions among related parties, diversion of funds to related parties as loans, and failure in corporate governance practices.
• Regulatory violations include lack of proper disclosures and approvals for transactions.
• The company’s compliance officers, audit committee members, and statutory auditors are accused of overlooking or approving these irregularities.
• The SEBI action follows a complaint in October 2022 and an investigation by NSE into OCAL based on internal alerts.

About SEBI (Securities and Exchange Board of India)

• Established :1988
• Chairman of SEBI :Madhabi Puri Buch
• Headquarters: Mumbai

                                 AWARDS AND RECOGNITION

Son Heung-min Named Asia’s International Player of the Year at AFC Awards 2024

On 29th October 2024, Son Heung-min, the 32-year-old forward for Tottenham Hotspur and the South Korean national team, was named Asia’s International Player of the Year at the Asian Football Confederation (AFC) annual award ceremony held at the Grand Peace Palace in Seoul, South Korea.

Key Highlights:

• Ellie Carpenter of Australia and Lyon won the inaugural Asian International Women’s Player of the Year Award.
• Akram Afif (Qatar, 27) was named the AFC Player of the Year for 2023.
• Kiko Seike (Japan, 28) received the AFC Women’s Player of the Year award for 2023.
• Park Youn-Jeong, a former South Korean centre-back, won the AFC Coach of the Year (Women) for 2023.
• Go Oiwa of Japan was awarded AFC Coach of the Year (Men) for 2023.
• The Saudi Arabian Football Federation (SAFF) received the AFC President’s Recognition Award (Gold).
• The All India Football Federation (AIFF) was honored with the AFC President’s Recognition Award (Silver) for Grassroots Football.

About Asian Football Confederation (AFC):

• President- Shaikh Salman bin Ebrahim Al Khalifa
• Headquarters- Kuala Lumpur, Malaysia
• Established- 1954

                        APPOINTMENTS AND RESIGNATION

Government Appoints S. Gopalakrishnan as Chairman of SSC; Key Administrative Appointments Announced

On 31st October 2024, S. Gopalakrishnan, a 1991-batch IAS officer, was appointed as the Chairman of the Staff Selection Commission (SSC). The appointment was made by the Government of India (GoI) through the Department of Personnel and Training (DOPT), Ministry of Personnel, Public Grievances, and Pensions (MoPP&P).

Key Points:

• Gopalakrishnan succeeds Rakesh Ranjan (a 1992-batch IAS officer) who retired voluntarily and was to remain in the post until May 15, 2029.

Other Administrative Appointments:

1. V. Umashankar (1993-batch IAS officer) has been appointed as the Secretary of the Ministry of Road Transport and Highways (MORTH).
2. Vikram Dev Dutt, previously Director General of the Civil Aviation (DGCA), has been appointed as the Secretary of the Ministry of Coal (MoC).
3. Tanmay Kumar, Special Secretary in the Ministry of Environment, Forest and Climate Change (MoEFCC), will become the Secretary of MoEFCC in December after the retirement of Leena Nandan.
4. Subrata Gupta (1990-batch IAS officer) has been appointed as the Secretary of the Ministry of Food Processing Industries (MoFPI) following the retirement of Anita Parveen.

                                 ACQUISITIONS & MERGERS

CCI Approves Fortis Healthcare’s Acquisition of Additional Stake in Agilus Diagnostics

On 29th October 2024, the Competition Commission of India (CCI) approved Fortis Healthcare Limited (FHL)‘s proposal to acquire an additional 31.52% stake in Agilus Diagnostics Limited (Agilus). This will increase FHL’s shareholding in Agilus from 57.68% to 89.2%.

Key Highlights:

1. Merger of Diligent Power Private Limited (DPPL) into its wholly-owned subsidiary DB Power Limited (DBPL) and the reorganization of Decore Thermal Power Private Limited (DTPPL), following the buyback of certain securities.
2. CCI also approved the acquisition of additional stake in Thoughtworks Holding, Inc. by Apax Partners LLP (based in the United Kingdom) and Temasek Holdings (Private) Limited (based in Singapore).

About the Competition Commission of India (CCI):

• Established: 2003 under the Competition Act, 2002.
• Chairman: Ravneet Kaur.
• Headquarters: New Delhi, Delhi.

                                   SCIENCE AND TECHNOLOGY

China Launches Shenzhou-19 Space Mission with 3 Astronauts to Tiangong Space Station

On 30th October 2024, China successfully launched its Shenzhou-19 spaceship carrying three astronauts—two men and one woman—on a six-month mission to its Tiangong Space Station (TSS) in low Earth orbit. The spacecraft was launched aboard a Long March-2F carrier rocket from the Jiuquan Satellite Launch Centre in northwest China.

Key Highlights:

• This marks the 33rd flight mission of China’s manned space program and the 4th crewed mission related to the application and development of the Tiangong Space Station.
• Crew Members:
  • Cai Xuzhe (Mission Commander), who previously flew in the Shenzhou-14 mission in 2022.
  • Song Lingdong, an air force pilot, and Wang Haoze, China’s only female spaceflight engineer with China Aerospace Science and Technology Corporation.
  • Wang Haoze becomes the 3rd Chinese woman to participate in a crewed spaceflight mission.
• Both Song and Wang are flying in space for the first time and were born in the 1990s.

Key Functions of the Mission:

1. The spaceship will perform a fast, automated rendezvous and docking with the Tianhe core module of the Tiangong Space Station within 6.5 hours.
2. The mission aims to form a combination of 3 modules and 3 spacecraft.
3. The crew will conduct 86 space experiments in fields like space life science, microgravity physics, and space material science, among others.

                                         IMPORTANT DAYS

National Cancer Awareness Day (NCAD) Observed on 7th November to Promote Cancer Awareness

National Cancer Awareness Day (NCAD) is observed annually on 7th November across India to raise awareness about the prevention, early detection, and treatment of various types of cancer. The day aims to educate the public about the importance of early detection, adopting a healthy lifestyle, and ensuring access to quality cancer care.

Key Points:

• Initiated in September 2014 by Dr. Harsh Vardhan, the former Union Minister of Health and Family Welfare.
• A committee was formed to declare 7th November as NCAD every year, with a focus on the early detection of cancer and the avoidance of cancer-causing behaviors.
•  The first National Cancer Awareness Day was observed on 7th November 2014.

                                                                  STATE NEWS

Meluri Becomes the 17th District of Nagaland on November 4, 2024

On November 4, 2024, Meluri officially became the 17th district of Nagaland, following a notification from the Governor of Nagaland, La. Ganesan. This transition elevates Meluri from a sub-division of Phek district to an independent district.

Key Points:

• Meluri covers 31 villages across 1011 square kilometers (km²) and includes four administrative headquarters, such as the industrial town of Wazeho and the International Trade Centre (ITC) in Avangkhu, Nagaland.
• The district is primarily inhabited by the Pochury Naga tribe and is located near the international border with Myanmar.
• Meluri is the fifth district established in Nagaland in the last three years as part of the state’s efforts to improve administrative efficiency.
  • In 2021, Tseminyu district was created by splitting Kohima, and Chümoukedima and Niuland districts were formed from Dimapur.
  • In 2022, Shamator district was formed from the eastern Tuensang district.

About Nagaland:

• Chief Minister (CM): Neiphiu Rio
• Governor: La. Ganesan
• National Park: Intanki National Park

National news

Title: Honoring the Legacy of Sardar Vallabhbhai Patel and Advancements in Civil Registration

On October 31, 2024, Union Minister Amit Shah, heading the Ministry of Home Affairs (MHA) and Ministry of Cooperation, commemorated the birth anniversary of Sardar Vallabhbhai Patel, India’s “Iron Man,” by unveiling his statue at the Census Building in New Delhi. A symbol of national unity and dedication, the statue honors Patel’s legacy in India’s unification. During the ceremony, the MHA also launched the Civil Registration System (CRS) mobile app to simplify the registration process for births and deaths, enhancing accessibility and efficiency.

The event also included the presentation of the ‘Kendriya Grihmantri Dakshata Padak’ to 463 personnel from various states, Union Territories (UTs), Central Armed Police Forces (CAPFs), and Central Police Organizations (CPOs) for their exemplary service.

 Static Points on MHA:

Union Minister: Amit Shah

Constituency: Gandhinagar, Gujarat

PM Modi’s Strategic Development Push in Gujarat with Global Collaboration

On October 28, 2024, Prime Minister Narendra Modi visited Gujarat to launch a series of impactful projects, emphasizing India’s commitment to defense manufacturing, water conservation, and infrastructure development.

Key Highlights:

1.Inauguration of TATA Aircraft Complex in Vadodara: In a joint event with Spanish Prime Minister Pedro Sanchez, PM Modi inaugurated the TATA Aircraft Complex at the TATA Advanced Systems Limited (TASL) Campus. This facility will manufacture C-295 aircraft, marking a milestone in India’s defense sector through international collaboration.

2.Bharat Mata Sarovar in Amreli: PM Modi inaugurated the Bharat Mata Sarovar at Dudhala, Amreli, developed under a Public-Private Partnership (PPP) model by the Government of Gujarat and the Dholakia Foundation to promote water conservation and sustainability.

3.Projects Worth Rs 4,900 Crore in Amreli: PM Modi inaugurated and laid the foundation stones for projects worth around Rs 4,900 crore, focusing on enhancing the region’s infrastructure and supporting local development.

4.Pasavi Group Augmentation Water Supply Scheme Phase 2: The foundation stone was laid for this water supply scheme in Bhavnagar district, set to benefit 95 villages across Mahuva, Talaja, and Palitana talukas, addressing critical water needs.

Static :

• Prime Minister of India: Narendra Modi

Launch of “Srijan” GenAI Center and YuvAi Initiative to Propel India’s AI Landscape

IndiaAI, an initiative under the Ministry of Electronics and Information Technology (MeitY), in partnership with Meta Platforms, Inc., has launched the “Srijan” Center for Generative AI (GenAI CoE) at the Indian Institute of Technology (IIT) Jodhpur in Rajasthan. This center, named after the Hindi word “Srijan” (meaning “creation”), aims to drive India’s open-source Artificial Intelligence (AI) research, innovation, and skill development.

Key Highlights:

• Srijan Center for Generative AI: This center will focus on advancing India’s open-source AI landscape through research and innovation, fostering development in generative AI.
• YuvAi Initiative for Skilling and Capacity Building: Alongside the center, IndiaAI, Meta, and the All India Council for Technical Education (AICTE) have introduced the YuvAi Initiative to train India’s youth in AI, strengthening the country’s AI talent pipeline.

Key Objectives of the Partnership:

• India-Specific AI Applications: Developing AI solutions that address India-specific needs.
• AI Skills for Youth: Equipping young professionals and students with vital AI skills.
• Technological Sovereignty: Enhancing AI capabilities in line with India’s goal of technological self-reliance.

Static :

• Ministry of Electronics and Information Technology (MeitY): Ashwini Vaishnaw
• Constituency :  Odisha.

Introduction of Arjuna Award (Lifetime) and Enhancements in India’s Sporting Honors

The Ministry of Youth Affairs and Sports (MoYAS) has announced significant changes in India’s sports recognition awards, effective from 2024. The Dhyan Chand Award for Lifetime Achievement will be replaced by the Arjuna Award (Lifetime), aimed at honoring lifetime contributions to sports development. This change streamlines India’s sporting honors while maintaining a focus on excellence and dedication.

Key Highlights:

• Arjuna Award (Lifetime): Replaces the Dhyan Chand Award, recognizing individuals for their lifetime contribution to sports development.
• Maulana Abul Kalam Azad (MAKA) Trophy: From 2024, the MAKA Trophy will be awarded to the University for Overall Top Performance in the Khelo India University Games, highlighting the contribution of universities to the Khelo India scheme.

About the Dhyan Chand Lifetime Award:

• Established: 2002
• Purpose: Given annually for excellence in Olympic, Paralympic, Asian, Commonwealth Games, and other disciplines.
• Award Components: Includes a statue of Dhyan Chand, a certificate, ceremonial dress, and cash prize of Rs 10 lakh.2023 Recipients: Former shuttler Manjusha Kanwar, ex-hockey player Vineet Kumar, and kabaddi player Kavitha Selvaraj.

Static :

UNION Ministry of Youth Affairs and Sports (MoYAS):  Dr. Mansuk Mandaviya

PM Vidyalaxmi Scheme: Financial Aid for Higher Education in India

On 6th November 2024, the Union Cabinet, led by Prime Minister Narendra Modi, approved the PM Vidyalaxmi Scheme to provide financial support to meritorious students pursuing higher education in India. Aligned with the National Education Policy (NEP) 2020, the scheme offers collateral-free loans and interest subvention to ensure accessible education for students in public and private institutions.

Implementation and Management:

• Ministry Responsible: The Department of Higher Education under the Union Ministry of Education will implement the scheme.
• Unified Portal: Eligible students can apply for educational loans and interest subvention through the PM-Vidyalaxmi portal.

Key Features of PM Vidyalaxmi Scheme:

• Collateral-Free Loans: Students admitted to eligible institutions can access collateral-free, guarantor-free loans.
• Loan Coverage: Includes tuition fees and related educational expenses.
• Loan Guarantee: Loans up to Rs 7.5 lakhs are backed by a 75% government guarantee on outstanding loan defaults.

Static :

             Union Minister of Education  :  Shri Dharmendra Pradhan

International news

India’s Low Rank in the Inaugural Global Nature Conservation Index 2024

The 2024 Global Nature Conservation Index (NCI), released on 24th October 2024, highlights India’s environmental challenges with a ranking of 176th out of 180 countries, scoring 45.5 out of 100. This low ranking reflects India’s struggles with inefficient land management and threats to biodiversity.

Key Highlights:

• Top Performers: Luxembourg leads with a score of 70.8, followed by Estonia (70.5) and Denmark (69.4) in 2nd and 3rd place, respectively.
• Worst Performers: India ranks among the bottom five countries, along with Kiribati (180th), Turkey (179th), Iraq (178th), and Micronesia (177th).
• Index Developers: This is the first edition of the NCI, created by the Goldman Sonnenfeldt School of Sustainability and Climate Change (GSC) at Ben-Gurion University (BGU) of the Negev, in collaboration with BioDB.com.

About Goldman Sonnenfeldt School of Sustainability and Climate Change:

• Headquarters: Israel
• Established: 2022

UNEP Emissions Gap Report 2024: No Progress in Limiting Global Warming

According to the United Nations Environment Programme (UNEP)‘s “Emissions Gap Report 2024: No More Hot Air… Please!”, there has been no progress in limiting global temperature rise to 1.5°C above pre-industrial levels, as of 2023. The report reveals that the gap in policy implementation to meet the 2030 Nationally Determined Contributions (NDCs) remains unchanged compared to the previous year.

Key Highlights:

• Global Warming on Track: The world is on pace to reach 3.1°C of warming by the end of the century, more than twice the target set in the 2015 Paris Agreement (to limit warming to 1.5°C).
• Temperature Increase by 2100: Without more ambitious commitments, global temperatures could rise by up to 2.6°C by 2100.
• Increase in Emissions: Greenhouse Gas (GHG) emissions rose by 1.3% in 2023, reaching 57.1 GtCO2e, compared to 2022.

About UNEP:

• Executive Director: Inger Anderson
• Headquarters: Nairobi, Kenya
• Established: 1972

Zimbabwe Launches ZIMSAT-2 to Strengthen Space Programme

On 6th November 2024, Zimbabwe successfully launched its second satellite, ZIMSAT-2, from the Vostochny Cosmodrome in Russia. This marks a significant milestone in the country’s expanding space programme.

Equipped with a high-resolution multispectral camera, the satellite is designed to support critical applications in agriculture, resource exploration, environmental monitoring, and disaster management. It follows the success of ZIMSAT-1, which was launched in November 2022, showcasing Zimbabwe’s commitment to advancing its space technology and innovation.

Key Points:

• ZIMSAT-2 is the second satellite launched by Zimbabwe to enhance its space capabilities.
• The satellite is equipped with a high-resolution multispectral camera for various applications.
• It will assist in agriculture, resource mapping, environmental monitoring, and disaster management.
• This launch follows the successful launch of ZIMSAT-1 in November 2022.

Donald Trump Wins 2024 U.S. Presidential Election

Donald Trump has secured a significant victory in the 2024 U.S. Presidential Election, winning 276 electoral votes, surpassing the required 270 to reclaim the White House as America’s 47th president. The victory was bolstered by a critical win in Wisconsin. In his victory speech in West Palm Beach, Florida, Trump expressed his gratitude for the “extraordinary honor” granted by the American people, reflecting on his unique achievement as both the 45th and 47th president of the United States.

Static :  About US

 President – Donald Trump

 Vice President – JD Vance

Currency – Dollar

                                              Banking news

Key Announcements by Reserve Bank of India (RBI)

The Reserve Bank of India (RBI) has made several important announcements aimed at strengthening financial stability and enhancing risk management in the sector:

• 25% Borrowing Requirement for NBFCs: RBI mandated that Non-Banking Financial Companies (NBFCs) ensure at least 25% of their borrowings come from the capital market. This move is part of the ongoing efforts to improve the financial stability of NBFCs.
• Interest Rate for GOI Floating Rate Bond 2034: The interest rate for the Government of India Floating Rate Bond 2034 (GOI FRB 2034) has been set at 7.53% per annum for the six-month period from October 30, 2024, to April 29, 2025.
• Increase in Gold Reserves: The RBI reported a significant rise in its gold reserves, which now total 854.73 metric tonnes as of September 2024, with 60% (510.46 metric tonnes) stored domestically within India.

 RBI Static Information:

• Governor: Shaktikanta Das
• Deputy Governors: Swaminathan Janakiraman, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar
• Established: 1st April 1935
• Headquarters: Mumbai, Maharashtra

European Investment Bank (EIB) Funds Bengaluru Suburban Railway Project

The European Investment Bank (EIB) has approved a loan of 300 million euros (approximately Rs 2,800 crore) to support the Bengaluru Suburban Railway Project (BSRP) in Bengaluru, Karnataka. The project aims to develop a new 149-kilometer suburban railway network to improve connectivity across the city.

Key Features of the Project:

1. Total length of the suburban railway: 149 kilometers.
2. Rail corridors: The network will consist of four dedicated rail corridors for efficient urban connectivity.
3. Stations and depots: 58 stations and two depots will be constructed to ensure smooth operation and maintenance.

Key Objectives: The project aims to shift from road to rail transport, encouraging more people to use trains rather than private vehicles or buses, contributing to reduced traffic congestion and environmental impact in Bengaluru.

About European Investment Bank (EIB Global):

• President: Nadia Calvino (Spain)
• Headquarters: Luxembourg
• Established: 1958

About Karnataka:

• Chief Minister: Siddaramaiah
• Governor: Thawar Chand Gehlot
• National Parks: Nagarhole National Park (UNESCO World Heritage Site), Kudremukh National Park

IDFC FIRST Bank Launches India’s First Real-Time Tracking for International Money Transfers

IDFC FIRST Bank, in collaboration with Swift, has introduced India’s first real-time tracking service for international money transfers. Available on the bank’s mobile app and internet banking platforms, this service offers end-to-end traceability for cross-border payments, providing customers with complete transparency throughout the transaction process.

This move highlights IDFC FIRST Bank’s commitment to its “Customer First” philosophy, bringing the speed and transparency of digital payments like UPI and IMPS to international transactions.

Key Features:

• First Indian bank to offer real-time tracking of cross-border transactions.
• Available on mobile app and internet banking.
• Provides complete transaction transparency with updates at every step.

About IDFC FIRST Bank:

·  Headquarters: Mumbai, Maharashtra, India

·  Established: 2015 (following the merger of IDFC Bank and Capital First)

·  CEO: V. Vaidyanathan

·  Tagline: “Customer First”

Economy news

India’s Defence Exports Surge to Record High in FY24

India has achieved a historic milestone in its defence exports, reaching a record high of Rs 21,083 crore in FY24. This represents a significant growth of 32.5% over the previous year, driven by strong demand from nations like the USA, France, and Armenia. Over the last decade, India’s defence exports have expanded by a remarkable 31 times, underscoring the country’s growing technological capabilities and its increasing prominence in the global defence market.

Key Points:

• Record Defence Exports: India’s defence exports reached Rs 21,083 crore (approximately USD 2.6 billion) in FY24, marking a 32.5% increase from FY23.
• Top Customers: The primary customers for Indian defence equipment were USA, France, and Armenia.
• Global Reach: India is exporting military equipment to over 100 countries worldwide.
• Growth Over a Decade: Indian defence exports have surged by 31 times over the past 10 years, compared to FY14.

 UDCO to Provide Rs 11,000 Crore Loan for Amaravati Capital City Development

HUDCO, a public sector enterprise, has agreed to provide a loan of Rs 11,000 crore for the ambitious development of Amaravati as the new capital of Andhra Pradesh. This loan is part of a larger funding effort, with Rs 26,000 crore earmarked for the city’s construction, supported by additional loans from the World Bank and ADB. The project is expected to significantly transform the region, with strategic urban planning and infrastructure development set to shape Amaravati into a modern, sustainable capital.

Key Points:

• Loan Approval: HUDCO (Housing & Urban Development Corporation Limited) has agreed to lend Rs 11,000 crore to the Andhra Pradesh Capital Region Development Authority (AP CRDA) for the construction of the Amaravati greenfield capital city.
• Development Plans: Rs 26,000 crore will be available for the construction of Amaravati, with HUDCO’s contribution forming a significant part.
• Additional Funding: The World Bank (WB) and Asian Development Bank (ADB) have also consented to lend Rs 15,000 crore for the Amaravati project.

                                Awards and Recognition

Bibhab Talukdar Receives Harry Messel Award for Conservation Leadership

Bibhab Talukdar has been recognized with the prestigious Harry Messel Award for Conservation Leadership by the IUCN for his significant contributions to wildlife conservation, particularly in Northeast India. His efforts, especially in Asian Rhino conservation and his leadership within IUCN, have earned him global recognition in the conservation community

Key Points:

• Award Recognition: Bibhab Talukdar, CEO of Aranyak, was honored with the Harry Messel Award for Conservation Leadership by the International Union for Conservation of Nature (IUCN) for his outstanding contributions to wildlife conservation.
• Award Ceremony: The award was presented during the 5th IUCN Species Survival Commission (SSC) Leaders’ Meeting in Abu Dhabi, UAE.
• Leadership in Conservation: Talukdar has been instrumental in various initiatives to protect biodiversity, especially in Northeast India, and has led significant projects focused on wildlife protection.

About Bibhab Talukdar:

• Conservation Background: A prominent conservationist from Assam, Talukdar has been leading conservation efforts since 1991.
• Publications: He has authored over 70 scientific papers on conservation topics.
• IUCN Involvement: He has been part of the IUCN SSC since 1991 and became the Chair of the Asian Rhino Specialist Group in 2008.
• Asian Rhino Conservation: Talukdar organized three Asian Rhino Range States meetings to strengthen rhino conservation across countries.

About Harry Messel Award:

• Established: In 2004,
• Purpose: The award honors individuals who have made a lasting impact on global conservation efforts.

About IUCN:

• President: Razan Al Mubarak
• Headquarters: Gland, Switzerland
• Founded: 1948

                                                OBITUARY

Padma Shri Awardee Gussadi Dance Master Kanaka Raju Passes Away

Kanaka Raju, an iconic figure in the promotion of Gussadi dance, passed away at the age of 84. His lifelong dedication to the art form earned him the prestigious Padma Shri in 2021. His legacy continues through his efforts to teach and preserve this folk tradition at his dance school in Adilabad, Telangana.

Key Points:

• Kanaka Raju, a celebrated Gussadi dance master and Padma Shri awardee, passed away at the age of 84 due to age-related health issues in his village of Marlavai, Telangana.
• Gussadi is a traditional folk dance of Telangana, typically performed by unmarried men during the Dandari festival.
• Kanaka Raju was born into the Raj Gond tribe and began learning Gussadi dance at the age of eight. He dedicated over four decades to preserving and promoting this unique dance form.
• In 2021, he was honored with the Padma Shri (Art) award for his significant contribution to popularizing the Gussadi dance at the national and international levels.
• In 2022, he was appointed as the Chief Dance Master at the Kanaka Raju School of Gussadi Dance in Adilabad, Telangana.

                                                     BOOKS AND AUTHORS

New Book “Mountain Mammals of the World” by Dr. M.K. Ranjitsinh Launched in Delhi

Dr. M.K. Ranjitsinh’s new book “Mountain Mammals of the World” provides an in-depth look at the diverse mammal species found in mountainous regions globally. Launched in New Delhi, the book showcases the author’s extensive knowledge and contributions to wildlife conservation. With 62 species and 78 subspecies featured, it serves as an important resource for wildlife enthusiasts and conservationists alike.

Key Points:

• Dr. M.K. Ranjitsinh, a member of the royal family of Wankaaner, Gujarat, has launched his 4th book titled “Mountain Mammals of the World”.
• The book is a definitive guide to the larger mammals found in the world’s mountain regions, covering 62 species and 78 subspecies, with stunning photographs.
• The book was launched by Dr. Karan Singh, former politician and Padma Vibhushan awardee, at the World Wide Fund for Nature (WWF) in New Delhi.
• Jigme Jungney, a representative of the Dalai Lama, and Ravi Singh, Secretary General and CEO of WWF-India, were present at the launch event.
• Dr. Ranjitsinh is a former Indian Administrative Service (IAS) officer and has made significant contributions to India’s Wildlife (Protection) Act of 1972. He has also served as Chairman of the Wildlife Trust of India and Regional Coordinator of WWF Tiger Conservation Programme.

                                   IMPORTANT DAYS

World Tsunami Awareness Day (WTAD) – 5 November

World Tsunami Awareness Day is observed on 5 November every year to raise global awareness about tsunamis, focusing on disaster preparedness, safety measures, and early warning systems. Established by the United Nations in 2015, this day highlights the importance of educating youth and future generations about tsunami risks and preparedness strategies. The IOC-UNESCO plays a pivotal role in supporting this global initiative.

Key Points:

• World Tsunami Awareness Day (WTAD) is observed annually on 5 November to raise awareness of the destructive impacts of tsunamis.
• The day promotes understanding of safety measures and the implementation of early warning systems to mitigate tsunami disasters.
• Theme for 2024: “Youth and Future Generations”.
• The observance of WTAD is facilitated by the UN Disaster Risk Reduction (UNDRR), in collaboration with other UN systems.
• UNGA Resolution A/RES/70/203 adopted on 22 December 2015 established 5 November as World Tsunami Awareness Day.
• The first WTAD was observed on 5 November 2016.

About IOC-UNESCO:

• Executive Secretary: Vidar Helgesen
• Member States: 150
• Headquarters: Paris, France

                                               STATE NEWS

Telangana Declares ‘Sadar Sammelan’ as State Festival

1st November 2024, Telangana officially declared Sadar Sammelan as a state festival. Celebrated two days after Diwali, this vibrant festival, which has been held since 1946 by the Yadav community, includes a procession of decorated buffaloes. The Youth Advancement, Tourism, and Culture Department will oversee its organization and funding, and the state has directed GHMC and District Collectors to ensure its celebration every year.

Key Points:

• Sadar Sammelan has been officially declared as a state festival of Telangana by Chief Secretary Santhi Kumari on 1st November 2024.
• The festival is celebrated two days after Diwali and has been organized by the Yadav community since 1946.
• Youth Advancement, Tourism, and Culture Department is responsible for organizing and funding the festival.
• The celebration includes a grand procession of decorated buffaloes, symbolizing pride and devotion.
• The state government has directed GHMC (Greater Hyderabad Municipal Corporation) and all District Collectors (except Hyderabad District) to celebrate the festival annually.

 STATIC :

·  Chief Minister: K. Chandrashekar Rao (KCR)

·  Governor: Dr. Tamilisai Soundararajan

·  Capital: Hyderabad

·  Important National Parks:

• Kawal Wildlife Sanctuary (A UNESCO World Heritage site)
• Nagarjunsagar-Srisailam Tiger Reserve (One of the largest tiger reserves in India)
• Eturnagaram Wildlife Sanctuary

                                       

                                                   National news

Olaf Scholz’s Official Visit to India and 7th IGC

From 24th to 26th October 2024, Olaf Scholz, the Chancellor of Germany, paid an official visit to India at the invitation of Prime Minister Narendra Modi. The visit included the 7th Intergovernmental Consultations (IGC), which was co-chaired by PM Modi and Chancellor Scholz on 25th October 2024. Chancellor Scholz was accompanied by senior Ministers from his cabinet for the consultations.

During the visit, both leaders addressed the 18th Asia Pacific Conference of German Business (APK 2024) in New Delhi. Additionally, India and Germany signed several Memorandums of Understanding (MoUs) and agreements aimed at enhancing bilateral relations.

About Germany :

Germany‘s President : Frank-Walter Steinmeier,

capital city is Berlin.

Currency: Euro

India Leads the International Solar Alliance for 2024-2026

India has been re-elected as the President of the International Solar Alliance (ISA) for a new term (2024-2026), with France elected as Co-President. The Seventh ISA Assembly, held in New Delhi, also selected regional Vice Presidents:

• Africa: Ghana and Seychelles
• Asia-Pacific: Australia and Sri Lanka
• Europe & Others: Germany and Italy
• Latin America & Caribbean: Grenada and Suriname

Ashish Khanna of India was appointed as the ISA’s third Director General, marking a continued commitment to solar energy development.

International Solar Alliance (ISA)

• Founded: 2017 (Initiated by India and France in 2015)
• Objective: Promote solar energy to reduce fossil fuel dependence
• First Conference: March 11, 2018, in New Delhi
• Headquarters: Gurugram, Haryana, India
• Members: 103 countries (Syria is the 103rd member)

NSE Launches Multilingual Mobile App and Website

  Key Features of the NSE App:

• Market overview
• Personalized watchlists
• Real-time updates
• Access to derivatives market data

  Objective: To create an inclusive financial ecosystem by enabling investors to access market information in their regional languages.

Launch of Pandemic Fund Project and 21st Livestock Census by Union Minister Rajeev Ranjan Singh

On October 25, 2024, Union Minister Rajeev Ranjan Singh, alias Lalan Singh, of the Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAH&D), launched a USD 25 million Pandemic Fund Project in New Delhi. Funded by the G20 Pandemic Fund, this initiative aims to bolster animal health security in India to improve pandemic preparedness and response. The Minister also inaugurated the 21st Livestock Census, which will be conducted until February 2025 at an estimated cost of Rs 200 crore. Additionally, two critical documents were unveiled— the Standard Veterinary Treatment Guidelines (SVTG) and the Crisis Management Plan (CMP) for Animal Diseases, both designed to enhance the management of animal health in India.

Static: 

Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAH&D) : Rajeev -Ranjan Singh (Lalan Singh)

Constituency: Munger, Bihar

International news

India’s Education Expenditure and Global Trends According to UNESCO Institute for Statistics

According to the latest 2024 report by the UNESCO Institute for Statistics (UIS), India has allocated approximately 4.1-4.6% of its Gross Domestic Product (GDP) to education between 2015 and 2024. During this period, the government’s expenditure on education has fluctuated between 13.5% and 17.2%. The report also highlights a global decline in public spending on education, from 13.2% of public expenditure in 2010 to 12.5% in 2020, exacerbated by the COVID-19 pandemic.

About UNESCO Institute for Statistics (UIS):

• Director: Dr. Silvia Montoya
• Headquarters: Montreal, Quebec
• Function: UIS serves as the statistical office of UNESCO and provides internationally-comparable data on education, science, culture, and communication.

2024 US Presidential Election: Kamala Harris vs. Donald Trump

The 2024 United States presidential election is set for November 5, 2024, marking a high-stakes contest between two prominent figures: Vice President Kamala Harris and former President Donald Trump. This election is expected to have significant implications for the nation’s future.

Key Highlights:

• Candidates:

• Kamala Harris (Vice President, Democratic Party)
  • Focused on climate change, healthcare access, and social justice reforms.
  • First woman and person of color to serve as Vice President.
• Donald Trump (Republican Party)
  • Former President (2017-2021), emphasizing economic reform, immigration control, and national security.
  • Strong support among conservative voters.
• Election Date: November 5, 2024
• Electoral Votes (Trump): 267
• Popular Votes (Trump): 69,661,328 (51.2% of the total votes).

Renewal of the Kartarpur Corridor Agreement between India and Pakistan

India and Pakistan have renewed the Kartarpur Corridor agreement, extending its operation for an additional 5 years until 2029. This corridor enables visa-free access for Indian Sikh pilgrims to visit the Gurdwara Darbar Sahib in Kartarpur, Pakistan, a revered site as the final resting place of Guru Nanak Dev, the founder of Sikhism.

Key Highlights:

• Agreement Extension:

• The renewal was announced on October 22, 2024.
• Original agreement signed on October 24, 2019.
• Service Charge Issue:
• India has requested Pakistan to waive the USD 20 service fee per pilgrim, but Pakistan maintains the charge for maintenance costs.
• Corridor Details:

• Length: Approximately 4 km.
• Connects: Gurdwara Darbar Sahib in Narowal, Pakistan, with Dera Baba Nanak shrine in Gurdaspur, India.
• Location: East bank of the Ravi River, 1 km from the Indo-Pakistan border.
• Inauguration:
• Opened in November 2019 for Guru Nanak Dev’s 550th birth anniversary celebrations.
• Significance:
• Regarded as a Confidence Building Measure (CBM) between India and Pakistan, fostering religious and cultural diplomacy.

About Pakistan:

Prime Minister– Shehbaz Sharif ,

Capital– Islamabad,

Currency– Pakistani Rupee

                                   Banking news

ADB Loan Boosts Assam’s Renewable Energy Sector

The Asian Development Bank (ADB) has approved a significant loan of USD 434.25 million (approximately Rs 3600 crore) to support renewable energy in Assam, with a focus on developing a 500 Megawatt (MW) solar photovoltaic (PV) plant in Karbi Anglong district. This project advances Assam’s renewable energy goals, aiming for 3,000 MW capacity by 2030.

Key Highlights:

·         Battery Energy Storage System (BESS): Ensures a reliable energy supply by managing peak demand and stabilizing the grid.

• Joint Venture (JV): The BESS will be developed as a JV between Assam Power Distribution Company Limited (APDCL) and Oil and Natural Gas Corporation (ONGC) Tripura Power Company Limited (OTPC).

About the Asian Development Bank (ADB)

• President: Masatsugu Asakawa (Japan)
• Headquarters: Manila, Philippines
• Members: 69
• Established: 1966

About Assam

• Capital: Dispur
• Chief Minister (CM): Himanta Biswa Sarma
• Governor: Lakshman Prasad Acharya
• National Parks: Kaziranga NP, Manas NP

Canara HSBC Life Insurance Launches ‘Promise4Future’ Plan

Canara HSBC Life Insurance Company has launched a new plan called ‘Promise4Future’, a non-linked, participating life insurance product that combines life protection and wealth creation. This plan provides policyholders with the dual benefits of long-term protection and the potential for wealth accumulation through the returns generated by the participating fund.

Key Highlights:

·         Two Variants Offered:

• Savings4Future: Helps grow savings while providing life protection. In the event of death, the nominee receives the higher of the sum assured on death or 105% of premiums paid, along with any bonuses.
• Income4Future: Provides a steady income stream with the option of a lump-sum benefit. In case of the policyholder’s death, the nominee receives the sum assured on maturity along with any bonuses.
• Flexible Premium Payments: The plan offers flexibility in premium payments, along with high-premium boosters and the option for partial or full withdrawals under deferred survival benefits.

         This launch aims to offer a comprehensive solution for long-term financial security, protection and savings.

                                             Economy and Business

NTPC Partners with Indian Army for Solar Hydrogen-based Microgrid in Ladakh

The National Thermal Power Corporation Limited (NTPC) has partnered with the Indian Army (IA) to set up a Solar Hydrogen-based Microgrid in Chushul, located in the Leh district of Ladakh. The project aims to provide a round-the-clock, stable power supply using green hydrogen technology for off-grid Army locations.

Key Highlights:

:

• Capacity: The microgrid will supply 200 kW of power year-round, replacing existing diesel generators in off-grid locations.

• Extreme Conditions: Designed to function in extreme winter conditions, with temperatures as low as -30°C and at an altitude of 4,400 meters.
• Maintenance: NTPC will maintain the project for 25 years to ensure reliable power supply in strategic locations.

National Thermal Power Corporation (NTPC)

• Established: 1975
• Headquarters: New Delhi, India
• Sector: Power Generation
• Owned by: Government of India

   Indian Army

• Established: 1895
• Headquarters: New Delhi, India
• Commanding Officer: Chief of Army Staff (COAS)

    Ladakh

• Capital: Leh
• Union Territory: Since August 2019, Ladakh is a Union Territory,
• Headquarters- New Delhi, Delhi
• Established –1975

                                    SCIENCE AND TECHNOLGY

China Launches Tianping-3 Satellites into Orbit

On October 22, 2024, China successfully launched three Tianping-3 satellites into orbit from the Taiyuan Satellite Launch Center in Shanxi Province. The satellites were launched using the Long March-6 carrier rocket.

Key Points:

• The three launched satellites: Tianping-3A (01), Tianping-3B (01), and Tianping-3B (02).
• Significance:
  • This launch was the 13th of the Long March-6 model and China’s 50th space launch in 2024.
  • It also marked the 541st flight of the Long March carrier rocket series.
• Primary Purpose of Satellites:
  • Radar Calibration: Used for calibrating ground radar equipment.
  • Radar Cross Section Measurement: Helps measure radar cross sections.
  • Space and Atmospheric Research: Includes low-orbit space environment detection

                                           SPORTS

Rani Rampal Announces Retirement from Hockey

Rani Rampal, former captain of the Indian women’s hockey team and Padma Shri awardee, announced her retirement from international hockey at the age of 29. Hockey India honored her legacy by retiring her iconic No. 28 jersey.

Key Highlights:

• International Debut: Rani made her debut in 2008 and scored 205 goals in 254 matches for India.
• Historic Achievements:
  • Part of the Indian team that qualified for back-to-back Olympic Games for the first time in history.
  • Silver at the 2009 Asia Cup, Gold at the 2017 Asia Cup.
  • Captained India to a silver medal at the 2018 Asian Games and led the team to a fourth-place finish at the 2020 Tokyo Olympics.
• Awards & Recognition:
  • Padma Shri (2020), Rajiv Gandhi Khel Ratna (2020), Arjuna Award (2016), World Games Athlete of the Year (2019).
  • Rani’s Girls Hockey Turf in Raebareli, Uttar Pradesh was renamed in her honor.

                                                     IMPORTANT DAY

     International Day for Biosphere Reserves: Celebrating Conservation and Sustainable Use

UNESCO celebrates the International Day for Biosphere Reserves (BR) annually on 3rd November to raise awareness about the importance of Biosphere Reserves and promote their conservation and sustainable use.

Key Highlights:

• Purpose: The day highlights the delicate balance between human activities and the environment, emphasizing the need for sustainable practices.
• Observance: The 3rd International Day for Biosphere Reserves was observed on 3rd November 2024.
• UNESCO Resolution: The 41st UNESCO General Conference adopted a resolution (41 C/37) in 2021 to designate 3rd November as the official International Day for Biosphere Reserves.
• First Celebration: The first observance took place on 3rd November 2022.

About UNESCO:

• Director-General: Audrey Azoulay
• Headquarters: Paris, France
• Founded: 1945

                                     

                                              STATE NEWS

Chhattisgarh CM Launches ‘Sugam App’ for Streamlined Property Registration

Bhupesh Baghel, the Chief Minister of Chhattisgarh, launched the ‘Sugam (Convenient) App to simplify the online property registration process, particularly benefiting citizens in rural areas.

Key Highlights:

• Objective: The app aims to minimize fraud, reduce human intervention, and eliminate malpractices in property transactions by digitizing the process.
• User-Friendly Interface: Allows users to register properties online without needing intermediaries, making the process accessible from home.
• Photo & Document Upload: Users can upload photos from three angles, along with latitude-longitude details and necessary documents.
• Verification & Payment: A registration officer will verify the property within 15 days, and payments can be made via net banking or Point-of-Sale (POS) systems.
• Integration: The app integrates with land records and revenue databases, ensuring easy access to information for both citizens and officials.
• Real-Time Updates: Users will receive notifications about their application’s status, promoting transparency and reducing the need for physical visits to government offices.

The Sugam App aims to enhance convenience and transparency in property registration in Chhattisgarh.

Static:

State Name: Chhattisgarh

Chief minister  ; vishnudeo sai

Governor: Ramen deka