IBPS RRB PO --CURRENT AFFAIRS LIVE NEWS --10112022

 

CURRENT AFFAIRS SNIPPETS

10th November 2022

 

 

NATIONAL

 

PM Modi to visit Indonesia from November 14-16 to attend G-20 summit

PM Narendra Modi is set to visit Indonesia's Bali from November 14 to 16 to attend the two-day G20 summit, the Ministry of External Affairs (MEA) said on Thursday. India will assume the presidency of the grouping from the current chair Indonesia on December 1. Notably, India also recently unveiled the logo, theme and website for its presidency.

NPS money belongs to employees, can't go back to state govts: FM Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said the money in the National Pension Scheme (NPS) belongs to contributing workers and according to the law, state governments cannot get it back. This came after Congress-ruled states have sought money from Centre for reintroducing old pension scheme (OPS). "Can we change the law? It's workers' money in the central kitty," Sitharaman added.

 

Dalit converts to Christianity, Islam can't get Schedule Caste status: Centre to SC

Centre on Wednesday told the Supreme Court that Scheduled Caste (SC) status hasn't been granted to Dalits who converted to Islam or Christianity because untouchability isn't prevalent in these two religions. The constitutional right to reservations in jobs and education as a member of the SC community is currently extended to people from Hindu, Sikh or Buddhist faiths.

 

Centre approves ₹13,000-crore advance for PM Awas Yojna

The Union Finance Ministry has approved ₹13,000-crore in advance payment for the Pradhan Mantri Awas Yojna-Gramin (PMAY-G). The decision was made after the Union Ministry of Rural Development had flagged shortage of funds to implement the rural housing scheme. The ₹13,000-crore advance is over and above the ₹20,000-crore already provided for the scheme in the 2022-23 Budget.

 

 

International News

 

Which major tech companies have announced layoffs in 2022?

Meta, which fired over 11,000 employees, is the latest among major tech companies to announce layoffs this year. Earlier, Twitter's new owner Elon Musk fired about 3,700 employees, and in October, Microsoft reportedly cut nearly 1,000 jobs. Salesforce cut hundreds of jobs, Lyft cut 700 jobs, Stripe fired 1,100 employees, Netflix fired 450 employees, and Snap laid off 1,000 employees.

Russian assets worth over £18 billion have been frozen: Britain

The British government on Thursday said it has frozen assets worth over £18 billion of Russian oligarchs and businesses over the Ukrainian invasion by Moscow. Now, Russia has become Britain's most-sanctioned nation, overtaking Libya and Iran, the Office of Financial Sanctions Implementation said in an annual report. The UK has also sanctioned 95% of all Russian exports.

23-year-old Indian-American Nabeela Syed makes history in US midterm elections

A 23-year-old Indian-American woman has scripted history in the US midterm elections. Nabeela Syed has become the youngest member to get elected to the Illinois General Assembly. She defeated her Republican opponent Chris Bos. Born in Palatine, Illinois, Syed graduated from the University of California with a degree in Political Science and Business.

US Prez Biden, China's Xi set for in-person meet in Indonesia

US President Joe Biden will have a face-to-face meeting with Chinese President Xi Jinping on Monday on the sidelines of the G20 Summit in Indonesia, the White House announced. This is set to be the first in-person meeting between Biden and Xi since Biden became president. The White House said discussions will focus on trade, Taiwan and the Russia-Ukraine war.

Aruna Miller, 1st ever Indian-American to hold office in Maryland

Indian-American woman Aruna Miller has became the first immigrant to hold the office of Lieutenant Governor in Maryland, Mid-Atlantic region of the United States. She stated that residents of Maryland chose Wes Moore as their Governor while she secured victory in the race to become Lieutenant Governor.  Ms Miller, who is a former executive director of Indian American Impact, was endorsed by the organization, which supports Indian-American representation at every level of government. She also had the support and endorsement by important Indian-American organizations and people.

States News

Goa Chief Minister Pramod Sawant launched Purple Fest logo

Chief Minister Pramod Sawant has launched logo of Purple Fest at a function held in Manohar Parrikar Memorial Hall of Sanjay Centre for Education, Porvorim. The event was organised by the Office of State Commission for Persons with Disabilities Goa in collaboration with Directorate of Social Welfare and Entertainment Society of Goa.  Goa Government is delighted to introduce Purple Fest – Celebrating Diversity, a first-of-its-kind inclusive festival that embraces, expresses and celebrates persons with disabilities. Government will provide 100 per cent facilities to the Divyangs in the State. Purple fest will be different type of festival for which entire country is anxiously waiting for fest to happen.  The government will start sign language course in next year for the special people, which he assured to public. The aim of the three-day inclusive festival is to illustrate how people can unite to support each other and "make everyone in our society feel included.

Banking News

Central Bank Digital Currency Could End RBI-ESMA Row

The deadlock between the Reserve Bank of India (RBI) and the European Securities and Market Authority (ESMA) over the inspection of Indian financing clearing houses may be broken by a new-age product - the central bank digital currency(CBDC).  European lenders such as HSBC, Deutsche, Standard Chartered, Barclays and make up anything between 15% and 25% of the trades in the so-called negotiated dealing system order matching segment (NDS-OM) run by the Clearing Corporation of India Ltd (CCIL), which is one of the central counterparties for settlement of trades.

Economy News

India Will Become Third-Largest Economy By 2027: Morgan Stanley

India is on track to become the world’s third largest economy by 2027, surpassing Japan and Germany, and have the third largest stock market by 2030, thanks to global trends and key investments the country has made in technology and energy, says Morgan Stanley.  All told, India’s GDP could more than double from $3.5 trillion today to surpass $7.5 trillion by 2031. Its share of global exports could also double over that period, while the Bombay Stock Exchange could deliver 11% annual growth, reaching a market capitalization of $10 trillion in the coming decade.

Awards News

Prominent Indian physician Dr Subhash Babu to be awarded Bailey K. Ashford Medal

Prominent Indian physician and scientist, Dr. Subhash Babu has received the prestigious Bailey K. Ashford Medal for 2022 and the Fellow of the American Society of Tropical Medicine and Hygiene (FASTMH) award 2022. This award is given to him for his outstanding research and contributions to tropical medicine.  The medal is presented annually to one or more mid-career researchers for distinguished work in tropical medicine by the American Society of Tropical Medicine and Hygiene (ASTMH), the largest scientific organization in tropical medicine in the world. In its 82-year history, the award has never been given to an Indian scientist or an Indian institution for work.

YKC Wadiyar received International Kannadiga Rathna award 2022

Member of the erstwhile royal family, Yaduveer Krishnaraja Chamaraja (YKC) Wadiyar has been selected for the International Kannada Rathna award. It is presented annually by Dubai Kannadigas to mark Kannada Rajyothsava.  The award will be presented to YKC Wadiyar during Vishwa Kannada Habba on November 19 at Sheikh Rashid Auditorium in Dubai, United Arab Emirates, in association with Kannadigaru Dubai Sangha as part of celebration of the 67th Kannada Rajyothsava. Besides, Vishwamanya Award would be presented to achievers in various fields.

Arfa Khanum Sherwani to Receive Kuldip Nayar Patrakarita Samman Award for 2022

The Gandhi Peace Foundation has announced the award of its prestigious Kuldip Nayar Patrakarita Samman for 2022 to The Wire’s senior editor Arfa Khanum Sherwani. The announcement was made at a press conference held at New Delhi’s Press Club of India by the well-known academic and author, Ashis Nandy. Nandy also announced that the awardee for 2021 was the independent journalist and YouTuber, Ajit Anjum.  The award honours the legacy of journalist, author and human rights activist Kuldip Nayar and is awarded to journalists working in Indian languages contributing to democratic values and independent media. The awards will be formally conferred at a public function later in the year. Under this award received by the Gandhi Peace Foundation, a cash amount of one lakh rupees is given to the selected journalists. Apart from this, he is also honored with a citation.

Ranks and Reports News

3 Indian women feature in 2022 Asia's Power Businesswomen List

Forbes Asia has unveiled its annual ‘Asia’s Power Businesswomen’ list which features 20 women from the Asia-Pacific region. The list of women bosses features three Indians as well.  The first Indian women named on the list is Ghazal Alagh, co-founder and chief innovation officer of Honasa Consumer, Mamaearth’s parent firm.  Second Indian businesswoman on the list is Soma Mondal, chairperson of Steel Authority of India Ltd (SAIL), the first to chair the state-run company. Forbes said that since Mondal becoming SAIL chairperson in 2021, its annual revenue has grown by 50 per cent for the year ended March 31, 2022.  Namita Thapar, executive director at India business of Emcure Pharma, is the third Indian to be named of Forbes Asia’s Power Businesswomen 2022 list.

QS Asia University Rankings 2023: IIT Bombay top educational institution in Southern Asia

Indian Institute of Technology (IIT) Bombay is the best educational education in Southern Asia while IIT Delhi ranks second in the region, according to the QS Asia University Rankings 2023.  The 15th edition of the QS World University Rankings: Asia features 757 institutions – up from 687 last year and making it the biggest rankings for the region yet.  China's Peking University ranked number 1 this year and was in second place in QS Asia 2022 rankings.

State of Food and Agriculture Report 2022 Published by FAO

The State of Food and Agriculture (SOFA) is one of the annual flagship report released by the UN Food and Agriculture Organization (FAO). It provides comprehensive insights into the various issues related to the field of food and agriculture based on science-based assessment.  The report assessed various drivers of agricultural automation, including the recently developed digital technologies.  Based on 27 case studies, the report analyzed the business case for the adoption of these digital automation technologies across various agricultural production systems in the world.

UNESCO: World Heritage Glaciers to Disappear By 2050

Glaciers at many UNESCO World Heritage sites including Yellowstone and Kilimanjaro National Park will likely vanish by 2050, the UN agency warned, urging leaders to act fast to save the rest. The warning followed a study of 18,600 glaciers at 50 World Heritage sites.  The UNESCO study, in partnership with the International Union for Conservation of Nature (IUCN), shows that these glaciers have been retreating at an accelerated rate since 2000 due to CO2 emissions, which are warming temperatures.  They are currently losing 58 billion tons of ice every year – equivalent to the combined annual water use of France and Spain – and are responsible for nearly five per cent of observed global sea-level rise. The glaciers under threat are in Africa, Asia, Europe, Latin America, North America and Oceania.

Summits and Conferences News

India Joins Mangrove Alliance for Climate (MAC) at COP27

Calling for integration of mangroves conservation with the Reducing Emissions from Deforestation and Forest Degradation (REDD+) programmes for carbon sequestering, India joined the Mangrove Alliance for Climate (MAC).  The Mangrove Alliance for Climate (MAC) is an intergovernmental alliance that seeks to expand and hasten the progress towards the conservation and restoration of mangrove ecosystems. Its members include the UAE, Indonesia, India, Sri Lanka, Australia, Japan, and Spain.  The alliance will raise global awareness about the role of mangroves as a nature-based climate change solution. It will ensure the rehabilitation of mangrove forests at the global level.

42nd International Congress of the INCA Inaugurated in Dehradun

Uttarakhand Governor Lt Gen Gurmit Singh (Retd.) inaugurated the 42nd International Congress of the Indian National Cartographic Association (INCA) in Dehradun. The 42nd International Congress is being organized by the National Hydrographic Office from 9th November to 11th November 2022 at Dehradun, Uttarakhand.  The theme of the 42nd International Congress of the Indian National Cartographic Association is Digital Cartography to Harness Blue Economy.  INCA is devoted to the cause of Cartography as a graphic mode of communication. It has its fold many eminent scholars, professionals, and industrialists as Honorary fellows, life fellows, life members, members, associate members, and student members. The majority of its members are practicing Cartographers from Multiple Organizations and Universities.

18th International Telemedicine Conference ‘TELEMEDICON 2022’ to be held in Kerala

Telemedicine Society of India (TSI) and Kerala Chapter hosts the 18th Edition of the International Telemedicine Conference at Amrita Hospital, Kochi. The inaugural ceremony was felicitated by Mr. S. Somnath, Chairman of ISRO, Mr. Mohanan Kunnummal, Vice Chancellor, of Kerala University of Health Science, and Dr. Rethan Kelkar, IT Secretary of Kerala.  The Chief Guest of the event was Mr. S. Somnath, Chairman, of ISRO. Telemedicon 2022 is an annual global conference for healthcare professionals, providers, health insurance providers, online pharmacy chains, industrialists, academic scientists, research scholars and scientists, and medical and engineering stakeholders from various fields of telemedicine, telehealth, e-health, m-health, and digital health. The conference is held in collaboration with government agencies, private organizations, and national and international professional societies.

PM Gati Shakti Multimodal Waterways Summit to be held in Varanasi

Union Minister Sarbananda Sonowal to inaugurate the two-day PM Gati Shakti Multimodal Waterways Summit. The PM Gati Shakti Multimodal Waterways Summit will be held at the Deendayal Hastkala Sankul (Trade Centre and Museum) in Varanasi, Uttar Pradesh.  The primary objective of the summit is to bring together greater awareness about the PM Gati Shakti National Masterplan with a focus on infrastructure development in the waterways.  PM Gati Shakti Multimodal Waterways Summit is a transformative approach for improving logistics efficiency and reducing logistics costs to ensure first and last-mile connectivity.  The Ministry has identified 101 projects estimated to cost around 62 thousand crore rupees under Gati Shakti which are aimed to be completed by 2024.

PM Modi to gift Himachal Pradesh artifact to the G20 leaders in Bali summit

Prime Minister Narendra Modi will gift the local artifacts made in Himachal Pradesh to the world leaders at the upcoming G20 Summit. The G20 Summit will take place in Indonesia's capital city, Bali. Himachal Pradesh is going to witness the assembly elections which are scheduled on 12th November 2022.  Prime Minister Narendra Modi's idea behind this is to promote Himachal Pradesh’s art and culture so that it travels in wide countries.  PM Modi will hand over the local artifacts like Chamba Rumals, Kinnauri Shawl, Himachal Mukhate, Kangra Miniature Paintings, Kullu Shawl, and Kanal Brass Set to the World leaders.

Science and Technology News

Skyroot’s first rocket set for launch from Sriharikota

India’s first privately developed rocket, Vikram-S by Hyderabad-based Skyroot Aerospace is poised to create history as it undergoes final launch preparations at the ISRO (Indian Space Research Organisation)’s launchpad in Sriharikota for launch between November 12-16.  The mission ‘Prarambh’, meaning ‘the beginning’, since it is the first mission for Skyroot, was unveiled by ISRO chairman S. Somanath in Bengaluru after the technical launch clearance from the Space regulator IN-SPACe.

Important Points:

ISRO Chairman: S. Somanath;

ISRO’s foundation Date: 15th August, 1969;

ISRO’s Founder: Dr. Vikram Sarabhai;

Founder and CEO of Skyroot Aerospace: Pawan Kumar Chandana;

Skyroot Aerospace Founded: 12 June 2018;

Skyroot Aerospace Headquarters location: Hyderabad.

Sports News

Uttar Pradesh to host 2023 Khelo India University Games

Uttar Pradesh government to host Khelo India National University Games in 2023-2024 in four cities. Khelo India National University Games will be conducted in four cities of Uttar Pradesh including Lucknow, Gorakhpur, Varanasi, and Noida.  In the Khelo India National University Games, 4,500 athletes will participate representing 150 universities across the country.  There will be 20 disciplines including basketball, judo, kabaddi, wrestling, swimming, boxing, rowing, etc.  Uttar Pradesh has got the opportunity to host the National University Games for the first time after Odisha and Karnataka.

Important Days

World Science Day for Peace and Development observed on 10 November

World Science Day for Peace and Development was proclaimed by the UN Educational, Scientific and UNESCO in 2001 under the UNESCO 31 C/Resolution 20. It is celebrated every year on November 10, around the globe, marking the significance of science in society.  The day highlights the significant role of science in society and the need to engage the wider public in debates on emerging scientific issues. It also underlines the importance and relevance of science in our daily lives.  This year’s theme for World Science Day for Peace and Development is "Basic Sciences for Sustainable Development". According to the United Nations’ official website, it has been noted in the UNGA in December 2021 that ‘We need more basic science to achieve The 2030 Agenda and its 17 Sustainable Development Goals’.

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