General Knowledge & Current Affairs

December 2021 - 15th to 22nd

1. China launches “Shijian-6 05” satellites for Space Exploration.

  • China successfully launched a new group of satellites Shijian-6 05 into space from the Jiuquan Satellite Launch Center in northwest China for space exploration and new technology tests.
  • The satellites were launched by a Long March-4B rocket which marked the 400th mission of Long March series carrier rockets.
  • The information about the number of satellites has not been specified. As the message reads, they will be used for space exploration and new technology tests.

2. Dubai 1st in World to go 100% Paperless.

  • Dubai became the world’s first government to turn 100% paperless, the announcement was made by the United Arab Emirate (UAE) Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. It will save around 3 billion Dirham (USD 350 million) and 14-million-man hours.
  • The digitization will provide all the govt. services to customers & reduce paper consumption by more than 336 million papers. All the exceptional digital services can be accessed by the Citizens through the “Dubai Now application’’.

3. Malta becomes first European nation to approve cannabis for personal use.

  • Malta became the first European country to allow limited cultivation and possession of cannabis for personal use, following a vote in parliament. The Maltese parliament voted in favour of the reform last week, with 36 votes in favour and 27 against.
  • Adults will be allowed to grow four plants at home and carry seven grams of cannabis, with smoking in public or in front of children remaining illegal.
  • The Netherlands also has a liberal attitude towards cannabis, allowing the sale of small quantities in a policy aimed at managing crime and health risks, though officially it is illegal.

4. Karl Nehammer sworn in as Chancellor of Austria.

  • Karl Nehammer was sworn in as new Austria’s chancellor by Alexander Van der Bellen, President of Austria in a ceremony in Hofburg Palace, Vienna, Austria. He is succeeding the career diplomat Alexander Schallenberg who took charge as chancellor in October 2021.
  • He is the 3rd person to hold the role of Austria’s Chancellor in the last two months. Nehammer, from the ruling conservative Austrian People’s Party (ÖVP), was formerly the country’s interior minister.
  • The Vienna-born Nehammer worked in the army for several years. He then started working as a communications adviser before becoming a politician in 2017. He was made interior minister in January 2020. While he was in office, Austria experienced its first Islamist terrorist attack, in which four people were killed last November.

5. Gabriel Boric elected as youngest-ever President-elect of Chile.

  • 35-year-old, Gabriel Boric, has won Chile presidential elections, to become the youngest-ever President-elect of Chile. He defeated his opposition Jose Antonio Kast in the elections. Gabriel Boric will assume office in March 2022, will become the youngest president in Chile’s history.
  • Official results gave Mr Boric 56% of the votes against Mr Kast’s 44%. Mr Kast conceded defeat barely an hour-and-a-half after polls closed, and with around half of ballots counted.

1. PM Modi inaugurates the Saryu Nahar National Project in UP.

  • Prime Minister Narendra Modi has inaugurated the Saryu Nahar National Project in Balrampur, Uttar Pradesh.
  • The project will provide assured water for irrigation to over 14 lakh hectares of land and benefit about 29 lakh farmers, mainly in eastern Uttar Pradesh.
  • Uttar Pradesh Governor Anandiben Patel, Chief Minister Yogi Adityanath, Union Minister for Jal Shakti Gajendra Singh Shekhawat, Deputy Chief Minister Keshav Prasad Maurya were among those present at the project inauguration programme.
  • The project has been completed at a cost of over Rs 9,800 crore, out of which more than Rs 4,600 crore was provisioned in the last four years.

2. 7th edition of India International Science festival begins in Panaji.

  • Union Minister of State (Independent Charge) Science & Technology, Dr Jitendra Singh inaugurated the seventh edition of the India International Science Festival at Panaji, Goa.
  • The theme of the 4-day science festival is ‘Azadi Ka Amrit Mahotsav’ – “Celebrating Creativity, Science, Technology and Innovation for a prosperous India”.
  • First India International Science Festival was held in 2015 at IIT Delhi. The main aim of the Science Festival is to bring into use the innovations by the people and develop technology that is affordable to the masses.

3. Govt laid foundation stone for Maa Umiya Dham Development Project in Gujarat.

  • Union Home Minister Amit Shah has laid the foundation stone of Umiya Mata Dham temple and temple premises under Maa Umiya Dham Development Project at Umiya Campus in Sola in Ahmedabad, Gujarat.
  • They will be developed at a cost of Rs 1,500 crore on 74,000 square yards of land. Prime Minister Narendra Modi has virtually attended and addressed the foundation stone laying of the project. He stated the Project as an example of the notion of ‘SabkaPrayas’ (Efforts of everyone).

4. India to raise legal marriage age for women.

  • The proposal to raise the minimum age of marriage for women from 18 to 21 was cleared by the Union Cabinet. Presently, the minimum age of marriage for men is 21 but for women, it is 18.
  • The government will now look to introduce amendments to the Prohibition of Child Marriage Act, Special Marriage Act, and the Hindu Marriage Act to bring the plan into action. This will give a chance to the girls to study more. They will be able to enjoy their independence. They will also get better employment opportunities.”

5. PM Modi lays foundation stone of Ganga Expressway in Uttar Pradesh.

  • Prime Minister Narendra Modi has laid the foundation stone of Ganga Expressway in Shahjahanpur, Uttar Pradesh. PM Modi also addressed a rally at Railway Ground, Rouza on the occasion.
  • After completion of work, it will become the longest expressway of Uttar Pradesh. It will connect the western and eastern regions of the state. It starts near the Bijauli village in Meerut. It will extend till near the Judapur Dandu village in Prayagraj.
  • Ganga Expressway is a 594 Km long Expressway. It will be built at a cost of over Rs 36,200 crore.
  • It will pass through Meerut, Hapur, Bulandshahr, Amroha, Sambhal, Budaun, Shahjahanpur, Hardoi, Unnao, Rae Bareli, Pratapgarh and Prayagraj districts.
  • 35 Km long airstrip for emergency take-off and landing of Air Force planes will also be constructed on the Expressway in Shahjahanpur.

6. PM Narendra Modi launched development projects in Goa.

  • On the occasion of Goa Liberation Day, Prime Minister Narendra Modi has inaugurated and laid the foundation stone of several development projects worth over 650 crores rupees in Goa.
  • He felicitated freedom fighters and veterans of ‘Operation Vijay’ at the function. He appreciated Chief Minister Pramod Sawant for keeping the pace of development up in the state.
  • The re-development of Aguada Fort Jail Museum at a cost of over Rs 28 crore.
  • A super specialty block at the Goa Medical College and Hospital, which has been constructed at a cost of over Rs 380 crores.
  • The New South Goa District Hospital, built at a cost of around Rs 220 crore.
  • The Aviation Skill Development Centre at the upcoming Mopa Airport, built at a cost of around Rs 8.5 crore.
  • A gas-insulated substation at Davorlim-Navelim, Margao, was constructed at a cost of around Rs 16 crores.

7. PM Narendra Modi launched development projects in Goa.

  • On the occasion of Goa Liberation Day, Prime Minister Narendra Modi has inaugurated and laid the foundation stone of several development projects worth over 650 crores rupees in Goa.
  • He felicitated freedom fighters and veterans of ‘Operation Vijay’ at the function. He appreciated Chief Minister Pramod Sawant for keeping the pace of development up in the state.
  • The re-development of Aguada Fort Jail Museum at a cost of over Rs 28 crore.
  • A super specialty block at the Goa Medical College and Hospital, which has been constructed at a cost of over Rs 380 crores.
  • The New South Goa District Hospital, built at a cost of around Rs 220 crore.
  • The Aviation Skill Development Centre at the upcoming Mopa Airport, built at a cost of around Rs 8.5 crore.
  • A gas-insulated substation at Davorlim-Navelim, Margao, was constructed at a cost of around Rs 16 crores.

1. Uttarakhand’s Askot Wildlife Sanctuary declared Eco-Sensitive Zone.

  • Ministry of Environment, Forest and Climate Change (MoEF&CC), an area of 454.65 square kilometers around the boundary of Askot Wildlife Sanctuary in the Pithoragarh district of Uttarakhand has been declared as the Askot Wildlife Sanctuary Eco-sensitive Zone (ESZ).
  • The notified area extends from 0 to 22 km around the Askot Wildlife Sanctuary. The Askot Wildlife Sanctuary was established to protect the endangered flagship species Musk Deer and its habitat. The Askot Wildlife Sanctuary is also known as Musk Deer Park.

2. ADB approves $112 million loan to establish Assam Skill University.

  • The Asian Development Bank (ADB) has approved a $112 million loan to strengthen skills education and training through the establishment of the Assam Skill University (ASU).
  • The Loan will create a path for skill development to enhance the productivity and competitiveness of Assam’s economy and industries.
  • An additional $1 million grant from the Japan Fund for Poverty Reduction will support the introduction of technologies for smart campus management, integrated teaching, learning, and career development management.

3. Jharkhand CM launched SAHAY scheme for maoist-hit areas.

  • The Chief Minister of Jharkhand, Hemant Soren has launched a Sports Action toward Harnessing Aspiration of Youth (SAHAY) scheme aimed at nurturing young sporting talents in Maoist-hit districts of the state.
  • This scheme has been launched to curb the Left Wing Extremism (LWE) which affected 19 of the state’s 24 districts.
  • Boys and girls in the 14-19 age group from villages to ward level will be registered under the scheme and will be given opportunities to display their skills in basketball, volleyball, hockey and athletics.

4. Goa’s Liberation Day 2021.

  • Goa Liberation Day is observed on 19 December every year in India and it marks the day Indian armed forces freed Goa in 1961 following 450 years of Portuguese rule. The year 2021 marks the 60 years of Goa’s independence.
  • Goa Liberation Day is marked by an abundance of events and festivities in Goa though this time because of the pandemic the celebrations are expected to be muted. A torchlight procession is ignited from three different locations in the state, eventually all meeting at the Azad Maidan.

5. Tamil Nadu announced ‘Tamil Thaai Vaazhthu’ as state song.

  • Tamil Nadu government has announced ‘Tamil Thaai Vaazhthu’ as the state anthem. It should be sung before the start of any functions in all educational institutions, universities, government offices, and public sector undertakings.
  • The decision comes in the wake of the Madras High Court recently ruling that ‘Tamil Thai Vaazhthu’ is a prayer song and not an anthem. Government Order to this effect has been issued, mandating that all barring the differently-abled persons should remain standing when the 55-second long song is sung.
  • The ‘Tamil Thai Vaazhthu’ enjoy official status since 1970. It is the official song of the union territory of Puducherry as well. Jaya Bharata Jananiya Tanujate is the official state anthem of Karnataka and Bande Utkal Janani is the official state anthem of Odisha.

6. Haryana launches new Integrated Command and Control Center in Karnal.

  • Haryana chief minister, Manohar Lal Khattar has opened the new Integrated Command and Control Center (ICCC) under the Karnal Smart City project.
  • The new Command and Control Center will enable the functioning of advanced systems such as adaptive traffic control, automatic number plate recognition, detection of red-light violation and speed violation.
  • With the inauguration of ICCC, a slew of smart traffic management systems in the city went alive. Over 500 CCTV cameras at various locations now enable the functioning of advanced systems such as adaptive traffic control, automatic number plate recognition, detection of red-light violation and speed violation.

7. Nagaland creates 3 new districts Niuland, Tseminyu, Chumukedima.

  • Nagaland government has announced the creation of three new districts, namely Tseminyu, Niuland and Chumoukedima. This comes less than a year after the 12th district of the state—Noklak—was inaugurated.
  • With the addition of the three new districts, Nagaland will now have 15 districts. While the Tseminyu sub-division in Kohima district has been upgraded to a district, Niuland and Chumukedima have been carved out of Dimapur district.
  • Though there were demands from at least 11 tribes for the creation of new districts, the Cabinet could consider only three of them as some districts are inhabited by only one tribe and those cannot be divided.

8. UP govt to launch ‘Free Smartphone Yojna’ on Dec 25

  • The Yogi Adityanath government in Uttar Pradesh is set to launch the ambitious ‘Free Smartphone Yojana on December 25, which is the birth anniversary of senior BJP leader and former Prime Minister Atal Bihari Vajpayee.
  • Under the scheme, the state government will distribute smartphones and tablets to final year students of graduation and above. On December 25, the chief minister will distribute 60,000 smartphones and 40,000 tablets to the youths. More than 38 lakh youths have registered themselves on the Digi Shakti Portal. Further registration is going on.

1. Bank of Baroda launches bob World Wave.

  • Bank of Baroda (BoB) has launched a solution for digital banking payments, named bob World Wave. Wearable technology is witnessing the rise of tremendous interest across the world and lenders are using this opportunity to adopt the more convenient and cashless digital payments systems.
  • This is an innovative solution, intended to perfectly deliver preventive health actions as well as easier payment transactions. The bob World Wave wearable device will allow customers to monitor their Sp02, body temperature, heart rate and blood pressure.
  • With bob World Wave, the Bank is providing an exclusive 3-months free wellness package along with a personal health coach, doctor teleconsultation and interactive video coaching.
  • The device will provide contactless payments of up to Rs 5000 in all NFC enabled PoS devices. Customers can do contactless payments above Rs. 5000 using a PIN.

2. Axis Bank tied up with Swift to provide digital banking solution.

  • Axis Bank is working with new digital services from provider Swift to provide a comprehensive digital solution to clients.
  • The bank is integrating with different digitization initiatives by government bodies and service providers to extend an end-to-end service to business clients.
  • Axis bank’s B2B (business-to-business) digitization efforts are being supported by Swift, a cooperative of global banks that acts as an intermediary between banks and sets standards.

3. RBI comes up with PCA framework for large NBFCs.

  • The Reserve Bank of India (RBI) has introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs) with effect from October 2022, putting restrictions on para-banks whenever vital financial metrics dip below the prescribed threshold.
  • This brings them almost on a par with banks in terms of supervision and regulatory reach. The PCA framework for NBFCs comes into effect on October 1 next year on the basis of their financial position on or after March 31.

4. RBI imposes penalty on PNB and ICICI Bank.

  • A penalty of Rs 1.8 crores has been imposed on Punjab National Bank (PNB) by the Reserve Bank of India (RBI), while ICICI Bank has been fined Rs 30 lakh for deficiencies in regulatory compliances.
  • According to a statement issued by the central bank, PNB was found guilty of contravening provisions of the Banking Regulation Act, 1949, related to pledge of shares by it. In the case of ICICI Bank, the RBI said that after conducting a statutory inspection for supervisory evaluation of the bank, it found non-compliance with directions related to levy of charges for non-maintenance of minimum balance in saving accounts.
  • The RBI however made it clear that in both the cases, penalties were levied on deficiencies in regulatory compliances and it was not a pronunciation on the validity of any transaction or agreement entered into by the banks with their respective customers.

5. RBI allowed SFBs as Agency Bank to conduct Govt Business.

  • Reserve Bank of India, in consultation with the Department of Financial Services, the Ministry of Finance, has decided to make the Scheduled payments banks and scheduled small finance banks (SFBs) eligible to conduct Government agency business.
  • In May this year, RBI has revised the existing guidelines on ‘Appointment of Scheduled Private Sector Banks as Agency Banks of RBI’ for authorising Scheduled Private Sector Banks as agency banks of RBI for conducting govt business (Central and/or State).
  • Thus, any payment bank or small finance bank which intends to undertake govt agency business could be appointed as an agent of RBI only upon execution of an agreement with RBI and also in compliance with the regulatory framework prescribed for those banks.
  • 6. Equitas Small Finance Bank became Partner of Maharashtra state govt
  • Equitas Small Finance Bank has empanelled as the banking partner of the state government of Maharashtra with an aim to offer its services to employees of the State Government. The Bandhan Bank, Karur Vysya Bank, and the South Indian Bank have been assigned the role of distributing salaries and allowances to the government employees.
  • This partnership will enable the ESFBL to distribute salaries and allowances to the existing employees apart from making provision of pension to pensioners. The state government has authorised the Equitas SFB to open salary and pension accounts for the existing and retired employees across 58 branches of the bank across the state.

1. AIBA rebrands itself as IBA, to secure boxing’s Olympic future

  • The International Boxing Association has changed its acronym from AIBA to IBA, promising to adopt a set of governance reforms so as to keep the sport’s inclusion at the 2028 Olympics.
  • Boxing, weightlifting and modern pentathlon were all left off the initial list of sports for the 2028 Los Angeles Games and were asked to make changes by the International Olympic Committee.

2. BCCI forms committee for differently abled cricketers.

  • The Board of Control for Cricket in India ( BCCI) has formed a committee for the differently-abled cricketers of the country. Disability cricketers have welcomed the decision of the BCCI to form a Differently Abled Committee for the differently-abled cricketers.
  • On the basis of the recommendation of the Justice Lodha committee, a board of three former disabled cricketers was being awaited for the last several years. The Proposal was approved by BCCI headed by president Sourav Ganguly & secretary Jay Shah.

3. India inducts 148 athletes in list of TOPS athletes for 2024 Olympics.

  • A total of 148 athletes, including 20 new inductees, in seven Olympic disciplines and six Paralympic disciplines, have been identified for support under the Target Olympic Podium Scheme at a meeting of the Mission Olympic Cell of the Ministry of Youth Affairs and Sports.
  • The TOP scheme which is an attempt to provide assistance to India’s top athletes. This scheme was started in 2014.
  • The Mission Olympic Cell approved lists in Cycling, Sailing, Shooting, Swimming, Table Tennis, Weightlifting and Wrestling as well as Para Sports (Archery, Athletics, Badminton, Shooting, Swimming, Table Tennis). Archery, Athletics, Badminton, Boxing, Equestrian, Fencing, Golf, Gymnastics, Judo, Rowing and Tennis will be taken up in the next meeting later this month.

4. Sports Minister Anurag Thakur inaugurates Khelo India Women’s Hockey League.

  • Sports Minister Anurag Singh Thakur formally inaugurated the first-ever national-level Khelo India Women’s Hockey League at Major Dhyan Chand National Stadium in New Delhi. The winner of the Khelo India Women’s Hockey League will get a cash prize of 30 lakhs.
  • In the first phase, total 14 teams will participate in the league and 42 matches will be played from 15 December to 21 December. The second and third phases will be organized in early next year.
  • The Sports Authority of India and Hockey India are jointly organizing the first-ever national-level Khelo India league. This is the first big event that will be organized at the Major Dhyanchand Stadium after 2015.

5. India won 16 medals in Commonwealth Weightlifting Championship 2021.

  • India concluded the Commonwealth Weightlifting Championships 2021 with 16 medals – 4 Gold, 7 Silver, and 5 Bronze, held at Tashkent, Uzbekistan.
  • Bindyarani Devi was India’s only medallist at the World Weightlifting Championships 2021, that was also held parallelly at Tashkent.

6. BWF World badminton championship : K Srikanth won silver.

  • Shuttler Kidambi Srikanth became the first Indian man to win a silver medal at BWF World Championships. In the final, Kidambi was defeated by Singapore’s Loh Kean Yew by 21-15, 22-20.
  • This was the first time that a men’s player from Singapore won gold at BWF World Championships. The badminton tournament was held from December 12 to 19, 2021 in Huelva, Spain.
  • 2021 BWF World Championships is officially known as “TotalEnergies BWF World Championships 2021” for sponsorship purpose. The badminton tournament was held from December 12 to 19, 2021 in Huelva, Spain. Huelva was awarded this event in November 2018, when the announcement was made for 18 major badminton event hosts from 2019 to 2025.

1. ADB projected growth forecast for 2021-2022 for India at 9.7%.

  • Asian Development Bank has trimmed its 2021 growth forecast for India to 9.7 per cent from 10 per cent but left the 2022 growth forecast unchanged at 7.5 per cent.
  • The inflation forecast of developing Asia was revised to 2.1 per cent for 2021 and unchanged at 7 per cent for 2022.
  • In its Asian Development Outlook Supplement Report of December 2021, the Asian Development Bank (ADB) has trimmed the growth forecasts for developing Asia for 2021-2022 to reflect the economic impact and uncertainty caused by the new Omicron COVID -19 variant.

2. Wholesale inflation surges to 14.23% in November.

  • Producers’ inflation based on the Wholesale Price Index (WPI) has reached an all-time high in the current series at 14.23 per cent in November.
  • This is the eighth successive month of double digits WPI (mainly due to the hardening of prices of mineral oils, basic metals, crude petroleum and natural gas).
  • Wholesale Price-based Index (WPI) inflation base year is 2011-12. Also, the spike is highest since April 2005.

3. India registers highest-ever annual FDI inflow of 81.97 bn dollars in 2020-21.

  • India has registered the highest ever annual Foreign Direct Investment inflow of $ 81.97 bn in 2020-21. FDI inflows in the last seven financial years is over $ 440 bn, which is nearly 58 % of the total FDI inflow in the last 21 financial years.
  • The top five countries from where FDI Equity Inflows were received during 2014-2021 are Singapore, Mauritius, USA, Netherland & Japan.

1. Centre grants GI Tag to Bihar’s Mithila Makhana.

  • The Geographical Indications Registry (GIR) under the Central Ministry of Commerce has accepted the petition to rename Bihar Makhana as Mithila Makhana and has also suggested further changes to the brand logo to better reflect its origins.
  • It also suggested amendments in the brand logo to highlight its origins and protect the product’s Geographical Indications (GI) rights.
  • The Sabour based Bihar Agriculture University (BAU) initiated an application on behalf of the Mithilanchal Makhana Utpadak Sangh (MMUS) to name their produce as Mithila Makhana for the welfare of fox nut growers in the Mithila region.

2. Delhi Police launched e-learning platform “Unnati”.

  • Police Commissioner of Delhi, Rakesh Asthana has launched an e-learning platform ‘Unnati’, under the Delhi Police’s flagship scheme ‘YUVA’ at the All India Council for Technical Education (AICTE) Auditorium, New Delhi.
  • Every year, over 1.5 lakh people are arrested by the Delhi Police for various crimes. More than 85 per cent of them are first-timers and only 10-15 per cent are repeat offenders.
  • Unnati is an e-learning and certification initiative by the Delhi Police-South West District to help educate youths and impart skill training to school dropouts from the weaker sections of society.
  • The courses offered under ‘Unnati’ include digital literacy courses comprising basic computer courses and typing training, preparatory courses for competitive exams and sports courses, among others. The e-learning platform, ‘Unnati’, was launched under the Delhi Police’s flagship scheme ‘YUVA’.

3. US Fashion Brand “Patagonia” selects Khadi Denim for its Apparels.

  • US-based world’s leading fashion brand, Patagonia, is now using handcrafted Khadi Denim fabric for making Denim apparels. Patagonia, through textile major Arvind Mills, has purchased nearly 30,000 meters of Khadi Denim Fabric worth Rs 1.08 crore from Gujarat.
  • The purchase of Khadi Denim by Patagonia has created additional 1.80 lakh man-hours, i.e. 27,720 man-days of work for Khadi artisans. In July 2017, Khadi and Village Industries Commission (KVIC) signed an agreement with Arvind mills Limited, Ahmadabad, to trade Khadi Denim products around the world.
  • Since then, Arvind Mills has been purchasing a large quantity of Khadi Denim fabric every year from KVIC-certified Khadi institutions of Gujarat.

4. UNESCO recognises Kolkata’s Durga Puja as Intangible Cultural Heritage.

  • UNESCO has added Durga Puja in Kolkata to its 2021 list of Intangible Cultural Heritage, giving international recognition to the biggest religious festival of the 331-year-old city and the state of West Bengal.
  • The UNESCO’s announcement was welcomed by Bengal’s ruling Trinamool Congress (TMC) as chief minister Mamata Banerjee is widely recognized as the biggest patron of the festival.

5. Google trends: See what was trending in 2021.

  • Google has published its annual overview of key search trends, which provides a somewhat dizzying reminder of all the things that have happened in 2021 – which really feels like it’s only lasted for a few months.
  • Google’s 2021 Search Trends mini-site includes data on all the key topics of interest, including overall searches and news events. Google’s long-time tradition of releasing “Year in Search” annually has become a norm for those who are curious over the most searched topics on the platform.

6. International Arbitration and Mediation Centre inaugurated in Telangana.

  • Chief Justice of India (CJI) Justice NV Ramana, and Chief Minister of Telangana K Chandrasekhar Rao has inaugurated India’s First International Arbitration and Mediation Centre (IAMC) at Phoenix VK Tower at Nanakramguda, Hyderabad, Telangana.
  • Those who empanel the centre include internationally acclaimed arbitrators and mediators from countries such as Singapore and the UK.
  • IAMC has been established to quickly resolve the issues that arise due to the Lack of sufficient judges. IAMC will settle commercial disputes and it will also look into the disputes of ordinary people.

1. British-Indian Leena Nair is the new global CEO of Chanel.

  • French fashion house Chanel named Leena Nair, an executive from Unilever, as its new global CEO. Nair’s career at Unilever spanned 30 years, most recently as the chief of human resources and a member of the executive committee.
  • The recruitment of Nair, who rose through the ranks of Unilever having started out as a trainee on the factory floor, comes as the fashion industry is under pressure to show a more inclusive approach.

2. Ravinder Bhakar assumed charge of NFDC, films division and CFSI.

  • CEO of Central Board of Film Certification (CBFC), Ravinder Bhakar has assumed charge of National Film Development Corporation (NFDC), Films Division, and Children Films Society of India (CFSI).
  • He is a 1999-batch officer of the Indian Railway Stores Service (IRSS). He has been assigned these charges in addition to his present duties as CEO of the film certification body.

3. Arvind Kumar joins Software Technology Parks of India as DG.

  • Arvind Kumar has joined as Director General of Software Technology Parks of India. Software Technology Parks of India is an autonomous body under the Ministry of Electronics & Information Technology Government of India.
  • STPI is fuelling the culture of tech entrepreneurship and innovation in the country by launching 25 + Centres of Entrepreneurship in emerging technology domains.
  • Currently, STPI-registered units have reached IT/ITeS/ESDM exports of over Rs. 5 lakh crores. STPI is one of the largest tech incubators in India with an area of approx.13 lakh square feet spread across various Tier 1/2/3 cities.

4. Unsoo Kim appointed as MD of Hyundai Motor India Limited.

  • Hyundai Motor Company has appointed Unsoo Kim as the Managing Director (MD) of Hyundai Motor India Limited (HMIL), starting from 1st January 2022.
  • He will replace Seon Seob Kim (SS Kim), who will lead the Global Operations Division in Hyundai headquarters in Seoul, South Korea. HMIL, a wholly-owned subsidiary of HMC is India’s first smart mobility solutions provider and the number one car exporter in India.
  • He played a key role in positioning the company as a smart mobility solutions provider and bringing Internet-enabled connected cars and kick-starting the electric mobility journey in India with the launch of Kona, an all-electric SUV.

5. Mohit Jain Elected As New President Of Indian Newspaper Society.

  • Mohit Jain of The Economic Times has been elected President of The Indian Newspaper Society for the year 2021-22. He succeeds L. Adimoolam of Health & The Antiseptic.
  • The 82nd Annual General Meeting of the Indian Newspaper Society – an apex body of Publishers of Newspapers, Magazines & Periodicals in the country, was held through Video Conference.
  • While K. Raja Prasad Reddy (Sakshi) was elected the deputy president, Rakesh Sharma (Aaj Samaj) was the vice-president and Tanmay Maheshwari (Amar Ujala) was elected the honorary treasurer of the Society for 2021-22.

6. Pradeep Kumar Rawat appointed as India’s new envoy to China.

  • Senior Indian diplomat Pradeep Kumar Rawat, who is well-versed in negotiating with Chinese diplomats, has been appointed as India’s next Ambassador to China. Rawat’s appointment comes amid the lingering border stand-off in eastern Ladakh. Rawat is currently the country’s envoy to the Netherlands.
  • An Indian Foreign Service (IFS) officer of the 1990 batch, Rawat is currently the country’s envoy to the Netherlands. He was joint secretary (East Asia) in the MEA when the Doklam border stand-off took place in 2017. He was involved in the negotiations during the early days before he moved to Indonesia as ambassador.
  • Rawat served as India’s envoy to Indonesia and Timor-Leste from September 2017 to December 2020. He had earlier served in Hong Kong and Beijing and speaks fluent Mandarin.

7. Harjinder Singh named India’s Chef de Mission for Beijing Olympics

  • The Indian Olympic Association of India (IOA) has appointed the Ice Hockey Association of India’s general secretary, Harjinder Singh, as the Chef de Mission of the country’s contingent for the upcoming 2022 Winter Olympics in Beijing.
  • Singh was the Chef de Mission of the Indian contingent for the 23rd Winter Olympic Games too, which was held in Pyeongchang, South Korea in 2018.
  • Harjinder Singh is the general secretary of the Ice Hockey Association and has also led the Indian contingent at the 2018 Winter Games in Pyeongchang, South Korea, where India had two representatives – cross-country skier Jagdish Singh, and six-time Olympian luger Shiva Keshavan.

8. Atul Dinkar Rane appointed as BrahMos Aerospace CEO & MD.

  • Atul Dinkar Rane has been appointed as the new Chief Executive Officer and Managing Director of the BrahMos Aerospace Limited that manufactures the BrahMos supersonic cruise missile.
  • His pioneering contributions and techno-managerial leadership has been transformative for the successful development and induction of BrahMos Supersonic Cruise Missile into Armed Forces.
  • Rane is renowned for his decades of sustained R&D contributions in the indigenous design and development of mission-critical Onboard Computers (OBC), hardware in loop simulation studies, systems analysis, development of mission software and avionics technologies for defence applications.

1. BPCL tie-up with BARC for Green Hydrogen production.

  • Bharat Petroleum Corporation Limited (BPCL) has tied up with Bhabha Atomic Research Centre (BARC) to scale-up Alkaline Electrolyze technology for Green Hydrogen production.
  • This is a first of its kind initiative to support India’s commitment to achieve renewable energy targets and reduce greenhouse gas emissions. Electrolyser plants are presently imported and the collaboration is to “scale-up Alkaline Electrolyser technology for Green Hydrogen production”.
  • India has set a target to reach net zero emissions by 2070 and towards that objective it is looking to raise the share of renewables in its energy mix to 50 per cent by 2030 from 38 per cent currently. This is a first of its kind initiative to support the country’s commitment to achieve renewable energy targets and reduce greenhouse gas emissions.”

2. IIT-Delhi tie-up with IAF to improve indigenisation efforts.

  • IIT-Delhi signed an MoU with Indian Air Force (IAF) to support requirements towards indigenous solutions in various weapon systems.
  • Under the MoU, The IAF has identified key focus areas involving the development of technology and finding indigenous solutions towards the sustenance of various weapon systems.
  • The partnership between IIT Delhi and IAF will also boost the efforts by Base Repair Depots (BRDs) of Maintenance Command IAF.

3. Andhra Pradesh tie-up with UN-FAO & ICAR for sustainable agriculture.

  • The Food and Agriculture Organisation (FAO) of the United Nations has signed an agreement with the Andhra Pradesh Government to train the farmers in good farm management practices and sustainable agricultural methods. The FAO apart, the Indian Council of Agricultural Research is collaborating on the project.
  • FAO will provide training to farmers, Rythu Bharosa Kendram (RBK) staff, officials, and scientists on new technologies in agricultural allied sectors and training to farmers on best cultivation management practices.
  • In 2020, Rythu Bharosa Kendram (RBK) or farmer support centres were set up in AP as part of an effort to weed away fake seeds, pesticides and fertilisers from the markets.

4. TVS Motor and BMW Motorrad tie-up to make electric vehicles.

  • India’s TVS Motor Company will develop electric vehicles (EV) with BMW’s motorcycle brand in India, joining a host of Indian automakers that have sought to expand their clean mobility offering.
  • The tie-up comes at a time when new-age start-ups like Ola Electric & Ather are ramping up investment in electric scooters.
  • Under the extended scope of the partnership, the companies plan to come up with an electric vehicle platform in addition to the existing internal combustion platform for both global and domestic markets. The first product under the enhanced co-operation, an electric model suited for the urban ecosystem, is expected to make its debut in the next 24 months.

5. Adani tie-up agreement with SECI for green power.

  • Adani Green Energy Ltd (AGEL) has signed a purchase agreement with Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. It is the world’s largest-ever green power purchase agreement (PPA).
  • The agreement is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020. So far, AGEL has signed PPAs with SECI for a total generation capacity of close to 6,000 MW of the 8,000 MW awarded in 2020. The company expected to complete the balance of 2000 MW in the coming 2 to 3 months.

6. GACL, GAIL team up to establish bioethanol plant in Gujarat.

  • Gujarat Alkalies and Chemicals Limited (GACL) and GAIL (India) Limited has signed a memorandum of understanding (MoU) for setting up a bioethanol plant with a production capacity of 500-kilo litre per day (KLD) in Gujarat.
  • This MoU was signed on the lines of the roadmap launched by Prime Minister of India Narendra Modi for 20% Ethanol Blending in Petrol by 2025 in order to reduce the import of crude oil.
  • The estimated project cost is Rs. 1,000 crores and it is expected to generate annual revenue of approximately Rs. 1500 crores. An estimated savings of USD 70 million per year in Foreign Exchange is also expected through this project.

1. IAF-DRDO flight-tested Helicopter-launched SANT Missile.

  • Defence Research and Development Organization (DRDO) and Indian Air Force (IAF) successfully flight-tested the indigenously designed and developed Helicopter launched (air-launched) Stand-off Anti-tank (SANT) Missile from the Pokhran range in Rajasthan. For the first time that this was launched from a Russian origin Mi-35 helicopter gunship.
  • It is equipped with a state-of-the-art Millimeter Wave Seeker which provides high precision strike capability from a safe distance.
  • It can neutralize targets in a range up to 10 km. SANT missile has been designed and developed by Research Centre Imarat, Hyderabad.

2. India successfully tests long-range Supersonic Missile Assisted Torpedo.

  • India has successfully test-fired a long-range Supersonic Missile Assisted Torpedo (SMART) off the Balasore coast in Odisha.
  • The weapon system is being developed by the Defence Research and Development Organisation (DRDO) for the Indian Navy.
  • The system has been designed to enhance anti-submarine warfare capability far beyond the conventional range of the torpedo.

3. Army Chief Naravane takes charge as Chairman of Chiefs of Staff Committee.

  • Army Chief General M.M. Naravane has assumed the charge as the chairman of the Chiefs of Staff Committee that comprises the three service chiefs.
  • The post fell vacant following the death of Chief of Defence Staff General Bipin Rawat in the Indian Air Force helicopter crash on December 8.
  • General Naravane has been given the charge, as he is the senior-most among the three service chiefs. IAF Air Chief Marshal V.R. Chaudhari and Navy Chief Admiral R. Hari Kumar had taken over their respective positions on September 30 and November 30.
  • Before the creation of the post of the Chief of Defence Staff, the senior-most among the three service chiefs used to be the chairman of the Chiefs of Staff Committee.

4. India successfully test-fired the ‘Agni P’ missile off the coast of Odisha.

  • The nuclear-capable ballistic missile ‘Agni Prime’ was successfully tested off the coast of Odisha by the Defence Research and Development Organisation (DRDO).
  • Recently, DRDO has successful test-firing of the air version of the BrahMos supersonic cruise missile on December 7 was a “significant milestone” in BrahMos’ development.
  • Agni-P is a new generation upgraded version of Agni class missiles. It’s a two-stage canisterized missile with a range of 1,000 to 2,000 kilometres.
  • The ballistic missile is half the weight of the Agni 3 and can be launched from the train or road. It can also be stored for longer periods of time and transported throughout the country as per operational requirements.

5. HAL signed contract with BEL for 83 LCA Tejas Mk1A fighters.

  • Hindustan Aeronautics Limited (HAL) has signed a Rs 2,400 crores contract with Bharat Electronics Limited (BEL) for the development and supply of 20 types of systems for 83 LCA (Light Combat Aircraft) Tejas Mk1A fighter aircraft programme.
  • The duration of the contract is 5 years i.e., from 2023 to 2028. Notably, this is HAL’s biggest order on any Indian company thus boosting the ‘Atmanirbhar Bharat’ campaign.
  • The order for the supply of these systems will be executed by two units of BEL at Bengaluru (Karnataka), and Panchkula (Haryana).

6. Indian Navy’s 2nd indigenous stealth destroyer ‘Mormugao’ sailed.

  • On Goa Liberation Day, Indian Navy’s indigenous stealth guided-missile destroyer ‘Mormugao’ went for her maiden sea trials. This second indigenous stealth destroyer of the Project 15 B (P15B) class, is planning to be commissioned in mid-2022.
  • Mormugao is being built at Mazagon Dock Shipbuilders Ltd as part of Project 15B destroyers and incorporates several indigenous technologies. The destroyer is expected to add significantly to the capabilities of the Indian Navy, which got a major booster in the form of INS Visakhapatnam’s and the fourth stealth scorpene class submarine INS Vela’s commissioning.
  • INS Vela was also constructed at MDSL Mumbai in collaboration with M/s Naval Group, France, and was delivered to the Indian Navy on November 9, 2021. A total of six submarines are to be built under the project.

7. Indian Navy’s 2nd indigenous stealth destroyer ‘Mormugao’ sailed.

  • On Goa Liberation Day, Indian Navy’s indigenous stealth guided-missile destroyer ‘Mormugao’ went for her maiden sea trials. This second indigenous stealth destroyer of the Project 15 B (P15B) class, is planning to be commissioned in mid-2022.
  • Mormugao is being built at Mazagon Dock Shipbuilders Ltd as part of Project 15B destroyers and incorporates several indigenous technologies. The destroyer is expected to add significantly to the capabilities of the Indian Navy, which got a major booster in the form of INS Visakhapatnam’s and the fourth stealth scorpene class submarine INS Vela’s commissioning.
  • INS Vela was also constructed at MDSL Mumbai in collaboration with M/s Naval Group, France, and was delivered to the Indian Navy on November 9, 2021. A total of six submarines are to be built under the project.

1. Connor helicopter crash’s survivor Group Captain Varun Singh passes away.

  • Group Captain Varun Singh, who was rescued after the helicopter crash that killed Chief of Defense Staff General Bipin Rawat and 12 others, has passed away.
  • He was being treated for severe burns at a Bengaluru military hospital after he was moved from Wellington in Tamil Nadu’s Connor. His condition in the last few days continued to be “critical but stable”.
  • In August this year, Group Captain Varun Singh was conferred the Shaurya Chakra for averting a possible mid-air accident after his Tejas light combat aircraft developed a major technical snag last year.

2. Former SC Judge Justice GT Nanavati Who Headed ‘2002 Godhra Riots’ passes away.

  • Former Supreme Court judge, Justice Girish Thakorlal Nanavati who headed two inquiry commissions formed to probe into the 2002 Godhra Riots & 1984 Anti-Sikh Riots, passed away.
  • Justice Girish Thakorlal Nanavati was 86. He was elevated as the Judge of the Supreme Court of India with effect in March 1995 and he retired as an SC Judge in February 2000.

3. Former Union Minister R L Jalappa passes away.

  • A veteran leader of the Indian National Congress (INC) and the former Union Minister of Textiles, RL Jalappa has passed away. RL Jalappa was founder and Chairman of Devaraj Urs Medical College in Kolar and RL Jalappa Institute of Technology, Doddaballapur.
  • In 1979 he quit Congress to form the Karnataka Kranti Ranga with former Chief Minister D Devaraj Urs and he again joined congress in 1998.

1. International Tea Day: 15 December

  • International Tea Day is observed every year on December 15 in countries like Bangladesh, Sri Lanka, Nepal, Vietnam, Indonesia, Kenya, Malawi, Malaysia, Uganda, India, and Tanzania. It is the second most used drink in the world after water. For some people, tea is an integral part of life which adds rhythm.
  • China is currently the largest exporter of tea. According to a study conducted by the Tea Board of India in 2007, around 80 per cent of the total tea produced in India is consumed by the domestic population.
  • The first ITD was held in New Delhi in India in 2005. However, in 2015, the Indian government proposed to the UN Food and Agriculture Organization to expand International Tea Day across the world. The reason for the UN celebrating May 21 as International Tea Day is that the season of tea production begins in May in most of the tea-producing countries.

2. Nation Observes 50th Vijay Diwas on 16 December 2021

  • In India, Vijay Diwas (also called Victory Day) is celebrated every year on December 16. The country is celebrating the 50th Vijay Diwas in 2021.
  • Vijay Diwas is observed to commemorate the service, valour, and sacrifices of the gallant men of the Indian Armed Forces’ victory over Pakistan in the 1971 war.
  • On this day, we pay homage to all the soldiers who had defended the nation in the war. The Indo-Pakistan war of 1971 which began on December 3 lasted for 13 days and officially ended on December 16, after which Pakistan surrendered to India.
  • It was on this day in 1971, the chief of the Pakistani forces, General AA Khan Niazi, along with 93 thousand troops, had surrendered unconditionally to the allied forces consisting of the Indian Army and Mukti Bahini. The end of the war also resulted in the subsequent secession of East Pakistan into Bangladesh.

3. International Migrants Day 2021: 18th December

  • The International Migrants Day is observed globally on 18 December every year. The day is marked by the United Nations, through the UN-related agency International Organization for Migration (IOM).
  • The day is observed to highlight the contributions made by the 272 million migrants, which includes more than 41 million people who are internally displaced persons, and the challenges they face. The theme of International Migrants Day 2021 is Harnessing the potential of human mobility.

4. National Minorities Rights Day 2021

  • Every year, December 18 is observed as the Minorities Rights Day to uphold the right to freedom and equal opportunities for the ethnic minorities in India and create awareness about the respect and dignity of the minorities.
  • India has faced many obstacles since the British Rule regarding basic human rights. However, these rights were safeguarded after the independence and people must be made aware of it. Thus we celebrate Minorities Rights Day on 18th December every year.
  • The Minority Rights Day 2021 aims to uplift all the minority sections of society and back them to voice their opinion. Considering the COVID-19 pandemic, all the sessions, seminars, and debates are likely to take place digitally.

5. World Arabic Language Day: 18 December

  • World Arabic Language Day is observed globally on 18th December every year. The Arabic language is one of the pillars of the cultural diversity of mankind. It is one of the most widely used languages ​​in the world, spoken daily by more than 400 million people.
  • The purpose of this day is to raise awareness of the history, culture and development of the language by preparing a program of special activities and events.
  • The theme of this year’s World Arabic Language Day is “The Arabic Language and Civilizational Communication”, and it is considered as a call to reaffirm the important role that the Arabic language plays in building bridges of connection between people on the rise of culture, science, literature and many other fields.

6. International Human Solidarity Day: 20 December

  • International Human Solidarity Day is observed globally on 20 December every year to celebrate unity in diversity and raise awareness about the importance of solidarity. According to the United Nations Millennium Declaration, solidarity is among the fundamental values that are essential to international relations.
  • The General Assembly, on 22 December 2005, by resolution 60/209 identified solidarity as one of the fundamental and universal values that should underlie relations between peoples in the twenty-first century, and in that regard decided to proclaim 20 December of each year International Human Solidarity Day.

7. Good Governance Week 2021: 20-25 December.

  • Union Minister Dr. Jitendra Singh has inaugurated the Good Governance Week campaign themed “Prashasan Gaon Ki Aur” aimed at showcasing and replicating the best governance practices to the grassroots level.
  • Good Governance Week is being celebrated on 20-25 December as part of the Azadi Ka Amrit Mahotsav celebration. During the week-long event, over 700 Districts Collectors will visit Tehsil and Panchayat Samiti Headquarters in order to provide timely grievance redressal and improve service delivery.
  • It is being celebrated by the Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Personnel, Public Grievances and Pensions in collaboration with various other ministries and departments.

8. National Mathematics Day: 22 December 2021

  • India observes the National Mathematics Day every year on 22 December since 2012. The day is celebrated to commemorate the birth anniversary of Mathematician Srinivasa Ramanujan.
  • This year nation celebrates his 134th birth anniversary of Ramanujan. The main objective behind the celebration of National Mathematics Day is to make people aware of the development of mathematics and its importance in the growth of humanity.

1. A Book titled ‘Pride, Prejudice and Punditry’ by Dr Shashi Tharoor

  • Former union minister and Lok Sabha Member of Parliament Dr. Shashi Tharoor‘s 23rd book titled ‘Pride, Prejudice and Punditry’ was launched in Hyderabad, Telangana.
  • There are ten sections in this book, each devoted to a particular topic such as modern Indian history, Indian Politics, etc. He has won ‘Sahitya Akademi Award’ for 2019, awarded to his book – ‘An Era of Darkness.

2. The book ‘Raj Kapoor: The Master at Work’ authored by Rahul Rawail released

  • Vice President of India, M Venkaiah Naidu has released the book titled ‘Raj Kapoor: The Master At Work’ authored by Rahul Rawail. The book launch event was held at India Habitat Centre in New Delhi, coinciding with Raj Kapoor’s 97th birth anniversary.
  • The vice president described the book as a “labour of love and dedication”. The book also examines how the lessons he learnt under the tutelage of Raj Kapoor carried Rahul Rawail through directing his own blockbuster films including Love Story, Betaab, Arjun and Dacait.

3. A book title “Rewinding the first 25 years of MeitY! by SS Oberoi.

  • The book titled ‘Rewinding of First 25 years of Ministry of Electronics and Information Technology’ authored by S S Oberoi, the former adviser at the Ministry of Electronics and Information Technology (MeitY) was launched by Ajay Prakash Sawhney, Secretary of MeitY.
  • The book consists of life experience, challenges working as an advisor under the MeitY. He was the first head of the Software Development Agency and the first adviser of Information Technology.

4. Venkaiah Naidu released Telugu book titled ‘Gandhi Topi Governor’

  • Vice President of India M Venkaiah Naidu has released the Telugu book titled ‘Gandhi Topi Governor’ by Padma Awardee Dr Yarlagadda Lakshmi Prasad, Chairman, Official Language Commission, Andhra Pradesh.
  • The book chronicles the life of Barrister Idpuganti Raghavendra Rao. I R Rao was a prominent freedom fighter, Legislator and the Governor of the Central Provinces in the British Administration.

5. A book on Yogi Adityanath “The Monk Who Transformed Uttar Pradesh” released

  • The book titled “The Monk Who Transformed Uttar Pradesh: How Yogi Aditynath Changed UP Waala Bhaiya’ abuse to a Badge of Honour”, authored by Shantanu Gupta.
  • A new book chronicles how Uttar Pradesh Chief Minister Yogi Adityanath transformed the state in various aspects like law and order, connectivity, education, health infrastructure, and overall growth.
  • The book underlines the journey of Uttar Pradesh Chief Minister Yogi Adityanath, from being born in Uttarakhand to becoming a Nath Panthi saint, to CM of Uttar Pradesh.

1. DBS Bank India clinches two awards at ET BFSI Excellence Awards 2021

  • DBS Bank India’s persistent efforts to drive digital transformation for its customers have been awarded at the ET BFSI Excellence Awards 2021.
  • An initiative of The Economic Times, ET BFSI Excellence Awards honours the best innovations & practices implemented by the BFSI industry in a dynamic and competitive environment.
  • The bank has won two awards:
  • ‘DBS Rapid (Real-time API)’ solution in the ‘Innovative API/Open Banking model’ category
  • ‘Intelligent Banking’ in the ‘Best Digital Customer Experience initiative’ category.

2. TIME Magazine’s ‘Person of the Year’ for 2021: Elon Musk

  • The prestigious TIME magazine has named Elon Musk, the CEO of Tesla, as the “2021 Person of the Year.
  • In 2021, US-based electric-vehicle startup Tesla became $1 trillion company as Musk became the world’s richest person with an estimated net worth of around US $255 billion.
  • Musk is also the founder and CEO of rocket company SpaceX, and leads brain-chip start-up Neuralink and infrastructure firm The Boring Company.
  • US President Joe Biden and Vice President Kamala Harris were named as the Person of the Year for 2020 by Time magazine.

3. 7-time champion Lewis Hamilton receives knighthood at Windsor Castle

  • Lewis Hamilton has picked up a new title only days after losing one on the track. The seven-time Formula One champion received a knighthood at Windsor Castle, London.
  • Hamilton gets the honorary title of “Sir” after being knighted by the Prince of Wales for services to motorsports.
  • Three other F1 drivers have been knighted: Jack Brabham, Stirling Moss and Jackie Stewart. Hamilton is the first to be awarded while still competing in the sport.

4. Bhutan confers PM Modi with its highest civilian award

  • Bhutan has honoured PM Modi with its highest civilian award, Ngadag Pel gi Khorlo. Bhutan’s Prime Minister Lotay Tshering has announced PM Modi’s name for Bhutan’s highest honour.
  • The honour comes as an appreciation for India’s friendly approach to Bhutan under PM Modi’s governance. During the pandemic, India had extended support to the neighbouring country in the form of vaccines, medicines and other emergency services.

5. Simone Biles named Time Magazine’s 2021 Athlete of the Year

  • Simone Biles was named Time magazine’s 2021 Athlete of the Year. The world’s most decorated gymnast, a four-time Olympic medalist, was hailed for putting her mental health first when she withdrew from four event finals at the Tokyo Olympics.
  • Despite the setback, the 24-year-old managed to earn a team all-around silver and a bronze in balance beam at the Tokyo Games. Biles along with hundreds of athletes accused the FBI, USA Gymnastics and the U.S. Olympic and Paralympic Committee for failing to stop the abuse.
  • A month after the Tokyo Olympics, Biles gave an emotional testimony at a US senate hearing into former USA Gymnastics team doctor Larry Nassar sexual abuse scandal.

6. Kumar Mangalam Birla receives Global Entrepreneur of the Year Award

  • Aditya Birla Group’s chairman, Kumar Mangalam Birla has received the Global Entrepreneur of the Year Award- Business Transformation from The Indus Entrepreneurs (TiE) based out of Silicon Valley.
  • Birla is the first Indian Industrialist to receive the award for global entrepreneurship along with top global business leaders Satya Nadella, Elon Musk, and Jeff Bezos.
  • The awardees were selected by an independent jury chaired by Venture Capitalist, Tim Draper, Founder, Draper University.

7. Avani Lekhara won ‘Best Female Debut’ honour at 2021 Paralympic Sport Awards

  • Indian shooter Avani Lekhara, who has created history by winning India’s first Gold medal in Shooting at the 2020 Tokyo Paralympics, won the “Best Female Debut” honour at the 2021 Paralympic Sport Awards.
  • The Awards were announced by the International Paralympic Committee. She became the 1st Indian woman to win 2 Paralympic medals in a single edition of the Paralympic Games. India won an unprecedented 19 medals at the Paralympic Games including 5 Gold, 8 Silver & 6 Bronze.

8. SAIL honoured Golden Peacock Environment Management Award 2021

  • Steel Authority of India Ltd. (SAIL), under the Ministry of Steel, has been awarded with the prestigious Golden Peacock Environment Management Award 2021 for successive three years.
  • The Award is given to organizations for significant achievements in Environment Management by Environment Foundation (WEF) since 1998.
  • The company’s environmental protections measures are focused on adopting various environmental measures including, upgrading of pollution control facilities, water conservation efforts with the aim to achieve Zero Liquid Discharge, efficient handling of different solid wastes (viz. process waste, hazardous waste, canteen/township waste), carbon sequestration through afforestation, eco-restoration of the mined-out area and etc.

1. Atmanirbhar Bharat Rojgar Yojana: Maharashtra topped the list.

  • Maharashtra has topped the list of states with the maximum number of beneficiaries under the Atmanirbhar Bharat Rojgar Yojana (ABRY), followed by Tamil Nadu and Gujarat. As many as 6,49,560 beneficiaries were recorded in Maharashtra, followed by Tamil Nadu (5,35,615), Gujarat (4,44,741) and Karnataka (3,07,164).
  • In Maharashtra, the beneficiaries have been provided with a total of Rs 409.72 crore under the scheme to new employees of 17,524 establishments.
  • The government had launched ABRY to incentivize employment generation in Employees’ Provident Fund Organisation (EPFO) registered establishments during COVID-19 for a period from October 1, 2020, to March 31, 2022.
  • This scheme, being implemented through the Employees Provident Fund Organisation (EPFO), reduces the financial burden of the employers of various sectors/industries and encourages them to hire more workers.

2. Wizikey Report: Reliance is India’s most-visible corporate in media

  • Reliance Industries Ltd, India’s largest corporate by revenues, profits and market value, topped the 2021 Wizikey News Score ranking as India’s most-visible corporate in the media. State Bank of India is a close second on the ranking, followed by Bharti Airtel, Infosys and Tata Motors.
  • Others on the India list include HDFC at the sixth spot, followed by HDFC Bank, TCS, Maruti Suzuki India, Vodafone Idea and ICICI Bank.
  • The highest-ranked state-owned firm is National Thermal Power Corporation Limited (NTPC), at rank 13.
  • On the global rankings chart for top Multinational Corporations(MNC), Facebook tops the index, followed by Google’s Alphabet Inc.
  • Amazon is ranked third, followed by Apple Inc, Samsung Electronics, Netflix and Microsoft.
  • Notably, Reliance is ranked eighth on global rankings for top MNCs.
  • Tesla is ranked 12 on the list with a news score of 82.3, while TATA Motors makes it to rank 18 with a news score of 80.26.

1. Union cabinet approves Rs 76,000 crore push for semiconductor manufacturing

  • Union Cabinet approved a Rs 76,000-crore production linked incentive (PLI) scheme for boosting semiconductor and display manufacturing in India. With this, the total amount of production linked incentive (PLI) announced for the electronics sector increase to Rs 2.30 lakh crore.
  • This scheme was approved in order to position India as a global hub for hi-tech production, as well as to attract large chip makers. It would also strengthen India’s ambitions to be self-reliant in electronics manufacturing and bring huge investments.
  • The government will also set up an independent ‘India Semiconductor Mission (ISM)’, for driving the long-term strategies to develop a sustainable semiconductor and display ecosystem in India.

2. Department for Promotion of Industry and Internal Trade launches LogiXtics

  • The Department for Promotion of Industry and Internal Trade (DPIIT) has launched the Unified Logistics Interface Platform’s (ULIP) hackathon – ‘LogiXtics’ to crowdsource more ideas that will benefit the logistics industry.
  • The Unified Logistics Interface Platform (ULIP) Hackathon – LogiXtics is being organised by NITI Aayog and Atal Innovation Mission.
  • It is supported by National Industrial Corridor Development Corporation (NICDC) and NICDC Logistics Data Bank Services Limited (NLDSL).
  • ULIP has been designed to enhance efficiency and reduce logistics costs in India by creating a transparent platform that can provide real-time information to all stakeholders.
  • The cost of logistics in India is about 14% which is higher than in other countries in the world. National Industrial Corridor Development Corporation (NICDC) was mandated by NITI Aayog in January 2021 to develop ULIP.

Accordion

1. NASA’s Parker Solar Probe enters the Sun’s upper atmosphere.

  • NASA’s Parker Solar Probe has entered the Sun’s upper atmosphere for, first time in history. In 2018, launched the Parker Solar Probe aims to unravel the mysteries of the Sun by travelling closer to it.
  • After three years of launching, Parker has finally arrived in the solar atmosphere. Parker Solar Probe has flown through the Sun’s upper atmosphere for the first time in history – the corona. The probe sampled particles and magnetic fields there.
  • The new milestone marks one major step for Parker Solar Probe and one giant leap for solar science. Just as landing on the Moon allowed scientists to understand how it was formed, touching the very stuff the Sun is made of will help scientists uncover critical information about our closest star and its influence on the solar system.

2. ISRO signed six agreements with four countries for launching foreign satellites.

  • The Indian Space Research Organization (ISRO) has signed six agreements with four countries for launching foreign satellites during 2021-2023. About 132 million Euros would be earned through the launching of these foreign satellites on a commercial basis.
  • The ISRO-Indian space agency, founded in 1969 to develop an independent Indian space program. Minister of State for Atomic Energy and Space Dr Jitendra Singh has said that ISRO has launched a total of 342 satellites from 34 countries since 1999.
  • ISRO through its commercial arm, New Space India Limited (NSIL), has been launching satellites belong to other countries from Polar Satellite Launch Vehicle (PSLV). Total 124 indigenous satellites have been put into Earth’s orbit including 12 student satellites.

1. Bajaj Allianz General Insurance starts ‘#Care4Hockey’ Campaign.

  • A leading private general insurer in India, Bajaj Allianz General Insurance has started its ‘#Care4Hockey’ Campaign to elevate field Hockey’s recognition in India.
  • The company has partnered with Padma Shri (2020) Rani Rampal, Indian Women’s Hockey Team Captain, who will be the face of the campaign.
  • ‘#Care4Hockey’ is a one of its kind campaign which aims to support the development of Hockey in India from the grass-root level.

2. LIC launches Dhan Rekha plan savings life insurance plan.

  • The Life Insurance Corporation of India has launched a new non-linked, non-participating, individual savings life insurance plan called Dhan Rekha, it offers special premium rates for female lives.
  • The plan is also allowed for the third gender adding that all benefits under the plan are fully guaranteed. There are special premium rates for female lives. The plan is allowed to Third Gender. All Benefits under the plan are fully guaranteed.
  • Under this plan, the minimum sum assured is Rs 2 lakh, with no upper restriction on the maximum sum assured.
  • Depending on the policy term, the minimum age to enter ranges from 90 days to 8 years.
  • Depending on the policy term, the maximum age at the entrance can range from 35 to 55 years old.
  • The plan can be purchased both offline and online through agents/intermediaries such as POSPLI/Common Public Service Centres (CPSC-SPV) and the website www.licindia.in.

3. Paytm launches EdTech Platform “Paytm Wealth Academy”.

  • Paytm, which got listed in bourses last month, has announced the launch of Paytm Wealth Academy, a tech-powered educational platform. The launch of the wealth academy is initially on the Paytm Money app, the wealth management app owned by Paytm’s wholly-owned subsidiary Paytm Money. Paytm Wealth Academy will initially be available to select users, followed by a complete rollout.
  • The Paytm Wealth Academy will allow users to learn trading and financial concepts at their own pace at their level of comfort. The platform offers a wide catalogue of courses and webinars along with personalized recommendations for users, curated to complement their existing knowledge.

4. Adda247 buys ed-tech platform StudyIQ Education for Rs 150 crore.

  • Edtech platform firm Adda247 has acquired UPSC-focused ed-tech platform StudyIQ Education for $20 million (150 crores) in a cash and stock deal.
  • Speaking on the acquisition, Adda247 founder and CEO Anil Nagar said it’s a strategic acquisition for Adda247.
  • StudyIQ Education has over 11 million subscribers on Youtube and the platform receives close to 100 million views a month, the company claims. The current acquisition will give Adda247 an edge in the UPSC segment.
  • By acquiring it, Adda247’s will be able to strengthen its position in the UPSC segment, which has one of the highest ARPUs (average revenue per user) in the test preparation segment.

5. WhatsApp announces Digital Payments Utsav for 500 villages in India.

  • WhatsApp has announced the Digital Payments Utsav for 500 villages in India. WhatsApp’s Digital Payments Utsav is a pilot program that promotes digital payments to empower individuals and businesses and is meant as a project to further the cause of financial inclusion. The aim is to empower villagers with access to digital payments via the ‘payments on WhatsApp’.
  • WhatsApp announced the Digital Payments Utsav – a pilot program that is going to adopt 500 villages in Karnataka and Maharashtra in an effort to “accelerate financial inclusion”.
  • Digital Payments Utsav took off on October 15 this year in the Kyathanahalli village in the Mandya district of Karnataka.

6. ICICI Pru Life Insurance became first insurer to sign UNPRI on ESG issues.

  • ICICI Prudential Life Insurance became the first Indian insurance company to sign United Nations-supported Principles for Responsible Investment (UNPRI), to demonstrate commitment towards the environmental, social and governance (ESG) issues.
  • In order to promote sustainability, IPRULIFE is integrating ESG factors into its investment management framework. The UNPRI is an investor initiative in partnership with the two bodies of the United Nations – the UN Environment Programme Finance Initiative and the UN Global Compact.
  • Climate change is impacting lives and livelihoods around us and as one of the largest domestic financial institutions in the country, it is incumbent on us to act proactively and responsibly on ESG factors to save the planet.”

7. GoI & German Bank signed Euro 442.26 mn loan for Surat Metro Rail Project.

  • Government of India and the Germany Development Bank- KfW (Kreditanstalt fur Wiederaufbau) signed a 26 million euros loan for a 40.35 km Surat Metro Rail project in Gujarat. The total cost of the project is Euro 1.50 billion, out of which KfW is financing Euro 442.26 million.
  • The project is co-financed by French Development Agency, AFD (Agence Française de Développemet) with Euro 250 million. Prime Minister Narendra Modi had launched the Ahmedabad Metro Rail Project Phase-II and the Surat Metro Rail Project in January this year. The project is aimed at reducing traffic congestion and long delays on major travel corridors in Surat city and urban areas.

8. CCI approves acquisition of shareholding in Air India by Tata Sons.

  • The Competition Commission of India (CCI) has approved the acquisition of a shareholding in Air India by Talace Private Limited, a wholly-owned subsidiary of Tata Sons.
  • The regulator also approved stake acquisition by Talace in Air India Express and Air India SATS Airport Services along with the acquisition of shares in Air India. Currently, Air India is wholly owned by the government.
  • Tata Sons’ subsidiary Talace emerged as the highest bidder for AIR India, under the divestment process. Talace had quoted an enterprise value of Rs 18,000 crore for 100 per cent equity shareholding of the Centre. Out of 18000 crores, Telace will retain Rs 15300 crore while the rest will be paid to the Central government as a cash component.
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