IBPS RRB PO + SBI CBO+ FEDERAL + IBPS PO CURRENT AFFAIRS - 03 AND 04 NOV...
CURRENT AFFAIRS SNIPPETS
03 and 04th November 2022
National News
India's
unemployment rate rises to 7.77% in Oct from 6.43% in Sept: CMIE
India's unemployment rate surged to 7.77% in
October, according to the Centre for Monitoring Indian Economy (CMIE). It had
touched a four-year low of 6.43% in September. The rise was led by an increase
in the rural joblessness rate to 8.04% in October as against 5.84% in September
after the kharif harvest season, while urban joblessness rate fell to 7.21%.
Russia becomes
India's largest supplier of crude oil: Report
short by Hiral
Goyal / 03:55 pm on 04 Nov 2022,FridayRussia reportedly became India's largest supplier
of crude oil in October. India imported 1.07 million barrels per day (bpd) of
crude from Russia last month, up nearly 5% from 1.02 million bpd in September,
as per estimates by cargo tracking and analytical services provider Vortexa.
However, Petroleum Minister Hardeep Singh Puri recently said Iraq was India's
largest supplier last month.
Ganga Utsav 2022– The River Festival to be celebrated on 4th
November
Ministry of Jal Shakti is organizing Ganga Utsav- The River Festivals 2022 on
4th November 2022 at the Major Dhyan Chand Stadium in New Delhi in two separate
sessions. The Ganga Utsav- The River
Festivals 2022 is being organized by the collaboration of The National Mission
for Clean Ganga (NMCG), the Department of Water Resources, River Development
and Ganga Rejuvenation, and the Ministry of Jal Shakti. NMGC will make Ganga Utsav- The River
Festivals 2022 more colorful with the active and inspirational participation of
multiple stakeholders. One of the main objectives of Ganga Utsav 2022 is to
celebrate rives and spread awareness of the significance of river rejuvenation
across river basins in India.
Finance Minister Launches Biggest Ever Coal Mine Auction of 141 Mines
Union Finance Minister Nirmala Sitharaman launched the biggest-ever coal mine
auction of 141 mines that are expected to benefit twelve states directly. During the launch, the finance minister said
that a fast-growing economy like India needs greater investment in coal
production and gasification projects. The
Coal Ministry in a statement said that 33 coal mines were put up for auction in
the sixth round of commercial auctions, out of which 71 were new coal mines and
62 coal mines were rolling over from earlier tranches of commercial auctions.
Additionally, 8 coal mines under the second attempt of 5th round of commercial
auctions were included for which single bids were received in the first
attempt.
PM Modi Declared Mangarh Dham National Monument
Prime Minister Narendra Modi declared Mangarh Dham a National Monument in the
Banswara District, Rajasthan. PM Modi mentioned that India's past, present, and
future are not complete without the tribal community. Mangarh Dham is a symbol of tenacity and
sacrifices of tribals and added that this is the common heritage of Rajasthan,
Gujarat, Maharashtra, and Madhya Pradesh. Prime Minister Narendra Modi also
paid tribute to Bhil Freedom fighter Shri Govind Guru at the event.
International News
UK facing a 'very
challenging' two-year recession: Bank of England
The Bank of England has said that the UK is facing
a "very challenging" two-year recession as it raised interest rates
to 3%. This would be the longest recession since comparable records began. The
Bank of England forecasts inflation will hit a 40-year high of around 11%
during the current quarter.
Twitter staff start
losing access to work emails & devices amid layoffs, share pics
Several Twitter employees are reporting that they
have lost access to their work emails and devices ahead of the company's
official email confirming whether or not they will be laid off on Friday. Many
of them took to Twitter to share that they had been laid off. Internally, the
employees were referring to the layoffs as Thanos' 'Snap' from Avengers.
Civilians should be
evacuated from conflict zones: Russian Prez
Russian President Vladimir Putin on Friday said
civilians should be evacuated from conflict areas in Kherson. On the occasion
of Russia's Day of National Unity, Putin said the civilian population should
not suffer. Kherson is one of the four Ukrainian provinces that Russia annexed
in September. Putin added 3,18,000 people were drafted into the Army after the
mobilisation exercise began.
China’s Xi calls
for Russia-Ukraine peace talks
Chinese President Xi Jinping on Friday called for
peace negotiations between Russia and Ukraine, as he warned of the possibility
of a nuclear conflict. Xi made the comments as he interacted with German
Chancellor Olaf Scholz, who is on a one-day state visit to Beijing. "As
influential powers, China and Germany should work together in times of
change," Xi said.
US announces new
military aid for Ukraine worth $400 million
The US on Friday announced its latest military
assistance package for Ukraine worth $400 million. The package will include the
US paying for the refurbishment of 45 T-72 tanks from the Czech Republic for
use by Kyiv, Pentagon spokeswoman Sabrina Singh told reporters. Pentagon said
the US would also fund the refurbishment of some HAWK air defence missiles.
Netanyahu And Allies Again Wins Israel Elections
Former Israeli prime minister Benjamin Netanyahu sealed his return to power, as
the final vote count from elections this week gave him and his far-right allies
a clear majority in parliament. Results
released by the electoral commission said that with 99 per cent of votes
counted, Netanyahu's right-wing Likud party had earned 32 seats in Israel's
120-seat parliament, the Knesset. Combined
with 18 for two ultra-Orthodox Jewish parties and 14 for the rising
extreme-right alliance called Religious Zionism gave the bloc supporting
Netanyahu 64 seats. The parties backing
centrist caretaker Prime Minister Yair Lapid won 51 seats, a definitive win for
Netanyahu that spells an end to Israel's unprecedented era of political
deadlock, which forced five elections in less than four years. Shyam Saran Negi, Born in July 1917, voted
for the first time in 1951 in the general elections of India and has voted for
sixteen times in Lok Sabha Elections. He cast his vote in every Lok Sabha,
Vidhan Sabha and all local bodies right after 1951. He has also been made a
state election icon in 2014.
States News
Shyam Saran, first voter of Independent India, casts his postal ballot
for Himachal polls
106-year-old Shyam Saran Negi, the first voter of Independent India, exercised
his right to franchise for the 34th time for the Himachal Pradesh Assembly
elections through a postal ballot at his residence in Kinnaur district. Negi, a teacher by profession who hails from
the tribal district of Kinnaur in Himachal Pradesh exercised his right to
franchise for the 34th time for the 14th Vidhan Sabha elections through a
postal ballot at his home in Kalpa. He cast his vote through a postal ballot
for the first time.
Appointments News
VR Krishna Gupta named as Chairman of BPCL
Vetsa Rama Krishna Gupta has taken over the additional charge of Chairman and
Managing Director of Bharat Petroleum Corporation Limited (BPCL),
post-superannuation of Arun Kumar Singh.
According to Bharat Petroleum’s official statement, Gupta has an
illustrious career spanning over 24 years at the company, in various Finance
roles, V R K Gupta is Director (Finance) in the company and holds the
additional charge of Director (HR).
Important points:
BPCL Headquarters: Mumbai;
BPCL Founded: 1952.
Energy Efficiency Services Limited named Vishal Kapoor as CEO
Energy Efficiency Services Limited (EESL) has announced the appointment of
Vishal Kapoor as its chief executive officer (CEO). He takes charge after
completing his tenure as the joint secretary at the Ministry of Power. As joint secretary, he led various government
interventions, schemes, and reforms in the distribution sector. He also
spearheaded cyber security and IT initiatives in the power sector. He played an
instrumental role in formulating the Revamped Distribution Sector Scheme for
the Operational and Financial turnaround of distribution utilities.
Important points:
Energy Efficiency Services Limited Headquarters location: New Delhi;
Energy Efficiency Services Limited Founded: 2009;
Energy Efficiency Services Limited CEO: Arun
Kumar Mishra.
Economy News
UCO Bank's Q2 net
profit surges by 145% to ₹504 crore
UCO Bank on Thursday reported a 145% rise in its
net profit to ₹504.52 crore in the July-September quarter, as against ₹205.4
crore in the year-ago period. Total revenue of the Kolkata-headquartered lender
in the quarter rose to ₹4,964.84 crore from ₹4,655.86 crore in the year-ago
quarter. Interest income during Q2 rose to ₹4,184.89 crore from ₹3,719.79
crore.
Which Indian states
have the highest unemployment rate & which have the lowest?
Haryana had the highest unemployment rate of 31.8%
among Indian states in the month of October, as per latest data from CMIE. It
was followed by Rajasthan (30.7%), Jammu & Kashmir (22.4%), Jharkhand
(16.5%), and Bihar (14.5%). Meanwhile, the states that had the lowest
unemployment rates were Madhya Pradesh (0.8%), Chhattisgarh (0.9%), Odisha
(1.1%), Gujarat (1.7%), and Karnataka (2.7%).
GAIL's Q2 profit
falls by 46% to ₹1,537 cr, revenue up by 78%
GAIL (India) Limited on Friday reported a 46%
year-on-year decline in standalone profit at ₹1,537 crore for the September
quarter against ₹2,862.95 crore in the same quarter last fiscal. Its revenue
from operations surged by 78% year-on-year to ₹38,479 crore. Sequentially,
revenue gained 2.4% from June quarter's ₹37,562 crore. At 3:12 pm, its stock
was trading 1.99% lower on BSE.
Twitter starts
laying off employees in India, fires entire marketing department: Report
Twitter has started laying off employees in India
as part of a global job cut ordered by the social media platform's new owner
Elon Musk. Twitter has sacked the entire marketing department in India, as per
a report. Musk took over the company in a $44-billion deal last week and fired
CEO Parag Agrawal and other executives.
RIL appoints KV
Kamath as independent director for 5 years
Reliance Industries Limited (RIL) on Friday
appointed veteran banker KV Kamath as an independent director on the company
board for a period of five years. Further, Kamath was also appointed as non-executive
chairman of Reliance Strategic Investments Limited (RSIL), a wholly owned
subsidiary of RIL. RSIL will be renamed as Jio Financial Services Limited
(JFSL), the board announced.
Summits and conferences News
Union Agriculture Minister Chairs National Natural Farming Mission
Meeting
Union Agriculture Minister Narendra Singh Tomar chaired the first National
Natural Farming Mission committee meeting at Krishi Bhawan. Shri Narendra Singh
Tomar launched the NMNF portal. Natural farming in India would be taken forward
with the cooperation of everyone. Union
Agriculture Minister asked the officers to coordinate with the State government
and central departments and enable market linkage so that farmers can easily
sell their products. The meeting was
attended by Union Rural Development Minister Shri Giriraj Singh, Jal Shakti
Minister Shri Gajendra Singh Shekhawat, Uttar Pradesh Agriculture Minister
Surya Pratap Shahi, Union Agriculture Secretary Shri Manoj Ahuja, and Senior
officers of other ministries.
PM Modi inaugurated Global Investors Meet ‘Invest Karnataka 2022’
Prime Minister Narendra Modi has addressed the inaugural function of Invest
Karnataka, the Global Investors Meet via video conferencing. The meet is aimed
at attracting prospective investors and setting up development agenda for the
next decade. The three-day programme,
being held from 2 to 4 November in Bengaluru, would witness more than 80
speaker sessions. "Invest
Karnataka' is going to grab the attention of the whole world. Global investment
is coming here as Karnataka has a rich atmosphere. This will put a strong
foundation for the development of Karnataka in the next five years.
Ranks and Report News
Gender Wealth Gap(GWG) in APAC Largest in India at 64%: Report
A new study revealed that India has the widest gender wealth gap (64%) as
compared to other APAC countries. This is largely due to the higher burden of
caregiving responsibilities. The 2022
WTW Global Gender Wealth Equity report found that opportunities for women in
leadership positions are also limited, with only 3% of women in the workforce
occupying senior positions in India.
Ranks and Reports News
Ministry of Education Releases Report on Performance Grading Index(PGI)
for States/UTs
The Ministry of Education released the Performance Grading Index (PGI) for
2020-21, an evidence-based comprehensive analysis of school education system
across states and Union Territories. The
prime objective of PGI is to promote evidence-based policymaking and highlight
course correction to ensure quality education for all, the Ministry of
Education said. The PGI structure
comprises of 1,000 points across 70 indicators grouped into two categories
--Outcomes, and governance management. These
categories are further divided into 5 domains, viz, Learning Outcomes (LO),
Access (A), Infrastructure& Facilities (IF), Equity (E) & Governance
Process (GP). As was done in the
previous years, PGI 2020-21 classified the States/UTs into ten grades viz., highest
achievable Grade is Level 1, which is for State/UT scoring more than 950 points
out of total of 1000 points. The lowest grade is Level 10 which is for score
below 551.
Sports News
Asian Continental Chess C’ship: India’s R Praggnanandhaa and PV Nandidhaa
win titles
Top-seeded Indian Grandmaster, R Praggnanandhaa and compatriot P V Nandhidhaa
won the titles in the Open and women's sections respectively in the Asian
Continental Chess championship, in New Delhi.
Praggnanandhaa drew with compatriot B Adhiban in a 63-move game in the
ninth and final round to emerge clear winner with seven points. The 17-year-old
Chennai player had gone into the final round with half a point lead over the
rest of the field. He held off the challenge from the experienced Adhiban and
shared honours to win the top prize.
ICC T20 World Cup: Virat Kohli becomes 1st player to register a hat-trick
in the history
Virat Kohli has hit the form and is scoring fifties in the
ongoing ICC T20 World Cup. After playing a match-winning knock of 82
not out again Pakistan, he amassed an unbeaten 62 against the Netherlands. After failing in a game with South Africa in
Perth, the 33-year-old came back to his back and registered a crucial fifty
against Bangladesh at the Adelaide Oval. Kohli is the first player in the
history of the T20 World Cup to score 3 or more fifty-plus knocks on three
occasions.
Kerala to host Track Asia Cup 2022 Cycling Tournament
Kerala is set to host the Track Asia Cup 2022 Cycling Tournament. Track Asia
Cup is one of the biggest cycling events and will be held at LNCPE Outdoor
Velodrome from 25th November 2022 to 28th November 2022. In the Track Asia Cup 2022, around 200
cyclists will participate from over 25 countries in Asia. The event is being
conducted outside Delhi for the first time.
Track Asia Cup is sanctioned by the Asian Cycling Confederation and
Cycling Federation of India. The Cycling
Association of Kerala informed that due to extreme heat, efforts are being made
to hold the matches under flood lights. Track
Asia Cup also the selection of Asian Countries for the 2024 Paris Olympics.
Obituaries News
Arunachal Pradesh MLA Jambey Tashi passes away
Jambey Tashi, MLA from Lumla assembly seat in Arunachal Pradesh, passed away
due to following illness. He was 48. Tashi
was the sitting MLA from the Lumla Assembly constituency of Tawang district. He
was holding the post of Advisor to the Planning and Investment Minister of the
state. He died in a hospital in Guwahati.
Shiv Sena leader
Sudhir Suri shot dead in Amritsar
Shiv Sena leader Sudhir Suri was shot dead in
Punjab's Amritsar on Friday. "Sudhir Suri was shot outside Gopal Mandir,
Amritsar during some agitation. He sustained bullet injuries and was rushed to
hospital and died," said a police official. The accused has been arrested
and his weapons have been seized, police added.
Miscellaneous News
Adani New Industries installs India's largest wind turbine, taller than
Statue of Unity
Adani New Industries Ltd. has constructed a wind turbine in Mundra in Gujarat
as part of its growth plans for renewable energy that is taller than the Statue
of Unity and has blades that are broader than the wingspan of a jumbo jet. Adani New Industries Limited (ANIL) has
announced the installation of the largest wind turbine generator (WTG) in the
nation in Mundra, Gujarat."
Important points:
Adani New Industries Ltd Founded: 1988;
Adani New Industries Ltd
Headquarters: Ahmedabad;
Adani New Industries Ltd Owner: Gautam Adani.
03 AND 04 NOVEMBER 2022
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