Sunday 8 November 2020

Daily updates 7 November 2020

Business News

1. Whatsapp Partners with 5 Banks for UPI Payment

  • WhatsApp has partnered with five Indian banks to process its payment services. These are State Bank of India, HDFC Bank, ICICI Bank, Axis Bank and Jio Payments Bank.
  • The Facebook-owned messaging platform, WhatsApp Inc., has received the approval from the National Payments Corporation of India (NPCI) to launch its Unified Payments Interface (UPI) based payments services in India, to let users send or receive money across the country.
  • The service can however be expanded in a graded manner. It means that initially, Whatsapp can only roll out the payments service to only its 20 million users.
  • The payment system will be rolled out in ten Indian regional languages in the latest version of WhatsApp app.

2. SEBI increases Overseas Investment limits for Mutual Funds

  • Securities and Exchange Board of India (SEBI) has enhanced the investment limits for Mutual Fund companies for overseas investments.
  • Mutual Funds can make overseas investments subject to a maximum of US $ 600 million per Mutual Fund, within the overall industry limit of US $ 7 billion. Earlier it was USD 300 million.
  • Mutual Funds can make investments in overseas Exchange Traded Fund (ETF) subject to a maximum of US $ 200 million per Mutual Fund, within the overall industry limit of US $ 1 billion. Earlier it was Rs 50 million.

Important takeaways for all competitive exams:

  • Securities and Exchange Board of India Founded: 12 April 1992.
  • Securities and Exchange Board of India Headquarters: Mumbai.
  • Securities and Exchange Board of India Agency executive: Ajay Tyagi.

Appointments

3. Manipur’s Gyanendro Ningombam becomes new president of Hockey India

  • Manipur’s Gyanendro Ningombam was elected unopposed as the President of Hockey India, while former President Mohd Mushtaque Ahmad is back in the Hockey India Executive Board after being Elected Unopposed for the Senior Vice President post.
  • Earlier, Gyanendro Ningombam has been serving as the Officiating President of Hockey India since July 2020.
  • On being elected unopposed, Gyanendro becomes the first President from northeast India to spearhead Hockey India. He will serve as Head of the national federation for two years.
  • Gyanendro has been associated with the discipline of Hockey in Manipur for the last 40 years, and has impressed with his work at the grassroots level.
  • He was Senior Vice President of Hockey India, Senior Vice President of Manipur Hockey, and also Chief Executive Officer of Manipur Hockey. He also served as the editor of Meeyam, an evening daily in Manipur.

Important takeaways for all competitive exams:

  • Hockey India Founded: 20 May 2009.
  • Hockey India Headquarters: New Delhi.

Agreements

4. AAI Signs MoU With NTPC Subsidiary, NVVN

  • The Airports Authority of India (AAI) has signed a Memorandum of Understanding (MoU) with a subsidiary of NTPC Ltd, NTPC Vidyut Vyapar Nigam (NVVN), to promote usage of electric vehicles and set up solar power plants at the airports managed and operated by AAI.
  • NTPC Vidyut Vyapar Nigam (NVVN) will be provided adequate land and rooftop space by AAI, free of cost, at identified AAI airports to set up solar power plants.
  • Initially, NVVN will begin working on the projects at airports in Tamil Nadu and Rajasthan.
  • The solar capacity required at airports in Tamil Nadu and Rajasthan is around 55 MW and 8 MW, respectively to become 100% solar-powered airports.
  • Apart from this, AAI and NVVN will jointly work towards supporting the government of India’s initiatives for the adoption of electric vehicles by the creation of public charging infrastructure and promoting the usage of electric vehicles at airports.

Important takeaways for all competitive exams:

  • Airports Authority of India Headquarters: New Delhi.
  • Airports Authority of India Founded: 1 April 1995.
  • Chairman of Airports Authority of India: Arvind Singh.

5. India-Italy Virtual Bilateral Summit 2020

  • The Bilateral Summit between India and Italy was held virtually on 6th November 2020. The Summit was attended by the Indian Prime Minister Shri Narendra Modi and Prime Minister of Italy Prof. Giuseppe Conte.
  • The two leaders reviewed the broad framework of the bilateral relationship and reaffirmed their commitment to strengthen cooperation against common global challenges, including the Covid-19 pandemic.
  • A wide range of issues was discussed including political, economic, scientific & technological, space and defence cooperation. 15 MoUs/Agreements were signed during the Summit in various sectors such as energy, fisheries, shipbuilding, design etc.

Important takeaways for all competitive exams:

  • President of Italy: Sergio Mattarella.
  • Prime Minister of Italy: Giuseppe Conte.
  • Capital of Italy: Rome; Currency of Italy: Euro.

Defence

6. India's special forces conducted ‘Bull Strike’ triservice exercise

  • Andaman and Nicobar Command (ANC) has conducted a three-day Tri-Service Combat Exercise code-named “Bull Strike” at Teressa Island in Nicobar Group of Islands.
  • The exercise focussed on interoperability and synergy among three services – Army, Navy and Air Force to maximise combat potential.
  • The exercise saw participation from three services components of ANC, elements of Indian Army’s Parachute Brigade, MARCOS (Marine Commando Force) and Special Forces.
  • The training activities included combat free fall and paradrop from Advanced Airlifter C-130J “Super Hercules” by a company of Para Commandos, action by MARCOS of Indian Navy and Special Heli Borne Operations (SHBO) by Indian Army Ghatak platoons.
  • Search and rescue (SAR) and medical evacuation procedures were also practised by the participating troops.

Important takeaways for all competitive exams:

  • Chief of Defence Staff of India: General Bipin Rawat.
  • Commander-in-Chief of Indian Armed Forces: Ram Nath Kovind (President of India).

7. Two-day joint coastal security exercise ‘Sagar Kavach’ begins

  • A two-day joint coastal security exercise, “Sagar Kavach” was launched at Paradip Coast, Odisha. The exercise is being carried out by a joint effort of the state of Odisha and West Bengal governments. 
  • The main purpose of the exercise is to carry out the exercise on the coast of Paradip this year, just like every year after the 26/11 Mumbai attacks. The exercise is being carried out to prevent a repeat of the Mumbai attacks by sea.
  • More than 10 such departments, including the Indian Navy, the Indian Coast Guard, the Odisha Police, the local fishermen, the forest department, and the port marine department, have joined the joint exercise.
  • It will run for two days, with red and green forces being formed to infiltrate and prevent attacks. This year for coastal security the exercise was named “Sagar Kavach”.

Important takeaways for all competitive exams: 

  • Chief of the Naval Staff: Admiral Karambir Singh.

Summits and Conferences

8. PM Modi Chairs Virtual Global Investor Roundtable (VGIR) 2020

  • Prime Minister Shri Narendra Modi chaired the Virtual Global Investor Roundtable (VGIR) 2020 Conference, aimed at attracting investment in the country.
  • It provided a platform for exclusive dialogue between leading global institutional investors, Indian business leaders and the highest decision-makers from the government of India and financial market regulators.
  • The Indian side included business leaders, financial market regulators, finance minister Nirmala Sitharaman and RBI governor Shaktikanta Das.
  • The conference focused on discussions around India’s economic and investment outlook, structural reforms and the government’s vision for making the country a $5 trillion economy.
  • The Virtual Global Investor Roundtable (VGIR) was organised by the Ministry of Finance and the National Investment and Infrastructure Fund.
  • The roundtable witnessed participation from 20 of the world’s largest pension and sovereign wealth funds with total assets under management of about USD 6 trillion.
  • These global institutional investors represent key regions including the US, Europe, Canada, Korea, Japan, Middle East, Australia, and Singapore.

9. Dharmendra Pradhan co-chairs 4th Meeting of the OPEC-India Dialogue

  • The 4th High-Level Meeting of the OPEC-India Dialogue was hosted by the OPEC Secretariat.
  • The Meeting was co-chaired by HE Mohammad Sanusi Barkindo, Secretary-General of OPEC and Shri Dharmendra Pradhan, India’s Minister of Petroleum and Natural Gas and Minister of Steel.
  • Key matters discussed at the meeting included rapidly changing global energy landscape, overcoming energy challenges, global oil price mechanisms, measures being taken by OPEC and its partners for balancing oil markets, and on ensuring oil supply security for India.
  • This was the first time that the meeting of this Institutional Dialogue was held virtually due to the Covid-19 pandemic.
  • The virtual meeting was joined by OPEC Member countries, Secretary Ministry of Petroleum and Natural Gas, Government of India and CMD & MDs of India’s oil and gas industry from both the public and the private sector.
  • The first such dialogue was held in 2015. It was informed that the next High-Level Meeting of the OPEC-India Dialogue will be held in 2021, and if possible in person, in New Delhi.

Science and Technology

10. ISRO launches PSLV C49 with 10 satellites

  • The Indian Space Research Organisation (ISRO)  has launched the 51st mission of Polar Satellite Launch Vehicle (PSLV). This is the first mission by ISRO in 2020.
  • The carrier vehicle PSLV C49 will deliver 10 satellites in all with EOS-01 as the primary one. It is the 51st mission of Polar Satellite Launch Vehicle (PSLV).
  • The carrier was launched from the Satish Dhawan Space Centre (SDSC) in Sriharikota, Andhra Pradesh.
  • The EOS-01, an earth observation satellite, was intended to provide agriculture, forestry and disaster management support. The nine customer satellites are from Lithuania (1), Luxembourg (4) and USA (4). The customer satellites were being launched under a commercial agreement with NewSpace India Limited (NSIL), department of space.

Important takeaways for all competitive exams:

  • ISRO Chairman: K.Sivan.
  • ISRO Headquarters: Bengaluru, Karnataka.

Important Days

11. National Cancer Awareness Day 2020

  • The National Cancer Awareness Day is observed annually in India on November 7, to spread awareness on cancer, its symptoms and treatment. According to the World Health Organization (WHO), cancer is the second leading cause of death globally.
  • In 2018, approximately 18 million cases were there globally, of which, 1.5 million were in India alone. In 2018, there were around 0.8 million cancer deaths in India against 9.5 million globally.

Important takeaways for all competitive exams: 

  • World Cancer Day: 4th February.

All the Best BA’ians for RBI Assistant Mains!

Thursday 5 November 2020

Daily updates 4 November 2020

National

1.CJI inaugurates e-resource centre, virtual court in Nagpur

  • The Chief Justice of India (CJI) Sharad Arvind Bobde and Justice DY Chandrachud of the Supreme Court, jointly inaugurated India’s first-ever E-resource centre and the virtual court called “Nyay Kaushal” at Judicial Officers Training Institute in
  • The Nyay Kaushal will facilitate electronic-filling of cases in the Supreme Court, any High Court as well as district courts across the country to enable speedy justice for litigants, by utilising technology. The virtual court will be working from Katol in Nagpur district of Maharashtra.

2. NMCG organises three-day virtual 'Ganga Utsav 2020'

  • Ganga Utsav-2020 has been organised by the National Mission for Clean Ganga (NMCG) jointly with the Ministry of Jal Shakti. The three-day-long Ganga Utsav-2020 has been organised from 02 to 04 November 2020, virtually amidst COVID-19 precautions.
  • The annual event is organised to spread awareness about river Ganga and the need to keep the river clean and rejuvenated. The 2020 edition marks the 12th anniversary of Ganga being accorded the status of National River, on 4th November 2008.

Important takeaways for all competitive exams:

  • Minister of Jal Shakti: Gajendra Singh Shekhawat.

International

3. Portugal’s Duarte Pacheco elected as President of IPU for 2020-23

  • Portugal MP, Duarte Pacheco has won the elections for the post the President of the Inter-Parliamentary Union (IPU).
  • The term of the Duarte Pacheco will be from 2020-2023. He will be the 30th President of the IPU and will succeed Mexican MP Gabriela Cuevas Barron who completed the tenure in October 2020.

Important takeaways for all competitive exams:

  • Inter-Parliamentary Union (IPU) is based in Geneva, Switzerland,
  • Inter-Parliamentary Union (IPU): founded in 1889.
  • It consists of representatives from the National Parliaments of 179 countries.

State News

4. Sarbananda Sonowal lays foundation stone of Indo-Israeli CoE

  • The Chief Minister of Assam, Sarbananda Sonowal has laid the foundation stone of Indo-Israeli Centre of Excellence (CoE) for Vegetables Protected Cultivation at Khetri on the outskirts of
  • The Indo-Israeli Centre of Excellence for Vegetables Protected Cultivation is estimated to be set up at an investment of Rs 10.33 Crore.
  • The CoE will provide exposure to the latest Israeli technologies to the farmers of Assam and help them in maximizing their production and income. It would also boost agricultural and horticultural production in Assam leading to greater economic rewards to state’s farmers.

Important takeaways for all competitive exams:

  • Chief Minister of Assam: Sarbananda Sonowal; Governor: Prof. Jagdish Mukhi.
  • Folk Dance of Assam: Bihu dance, Bagurumba, Bhortal Dance, Jhumur dance.

Defence

5. India-US-Japan-Australia kick-starts Malabar Naval Exercise-2020

  • The Navies of India, the US, Japan and Australia began the four-day-long phase first of the Malabar naval exercise in the Bay of Bengal.
  • From the Indian side, destroyer Ranvijay, frigate Shivalik, off-shore patrol vessel Sukanya, fleet support ship Shakti and submarine Sindhuraj will be part of the drill. US Navy Ship USS John S McCain (Guided-missile destroyer), Australian Navy Ship HMAS Ballarat (long-range frigate) and Japan Maritime Self Defence Ship (JMSDF) Ship JS Onami (destroyer) are participating along with Indian Navy units.
  • The Malabar exercise started in 1992 as a bilateral drill between the Indian Navy and the US Navy in the Indian Ocean. Japan became a permanent member of the exercise in

6. Indian Naval Ship ‘Airavat’ reaches Port Sudan under ‘Mission Sagar-II’

  • As a part of Mission Sagar-II, the Indian Naval Ship (INS) Airavat has reached Sudan with 100 tonnes of food aid. Under Mission Sagar-II, INS Airavat will deliver food aid to Sudan, South Sudan, Djibouti and Eritrea amid the COVID-19 pandemic.
  • The government of India has launched this initiative to provide assistance to friendly foreign countries to overcome natural calamities and COVID-19 pandemic.
  • Mission Sagar-II follows the Mission Sagar-I, which was undertaken in May-June 2020, wherein India provided food and medicines to Maldives, Mauritius, Seychelles, Madagascar and Comoros.
  • It is in line with the Prime Minister’s vision of Security and Growth for All in the Region (SAGAR) and highlights the importance accorded by India to relations with her maritime neighbours and further strengthens the existing bond.

Business

7. CCI Approves Acquisition of Bharti AXA by ICICI Lombard

  • The Competition Commission of India (CCI) has approved the acquisition of General Insurance Business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited (ICICI Lombard) under Section 31(1) of the Competition Act, 2002.
  • The whole general insurance business of Bharti AXA will be transferred to ICICI Lombard by way of demerger, considering that ICICI Lombard will issue shares to Bharti AXA.
  • The combined entity(proposed merged non-life insurance company) is likely to have a market share of 7% on a proforma basis.
  • Under the proposed combination, the shareholders of Bharti AXA will receive 2 shares of ICICI Lombard for every 115 shares of Bharti AXA, held by them as on the date on which the scheme is approved by the Board of Directors of ICICI Lombard and Bharti AXA.

Important takeaways for all competitive exams:

  • Bharti AXA Co. Ltd Headquarters: Mumbai, Maharashtra.
  • Bharti AXA MD and CEO: Sanjeev Srinivasan.
  • Bharti AXA Established: 2008.
  • Bharti AXA Tagline: Suraksha ka Naya Nazariya.
  • ICICI Lombard Co. Ltd Headquarters: Mumbai, Maharashtra.
  • ICICI Lombard MD & CEO: Bhargav Dasgupta.
  • ICICI Lombard Established: 2001.
  • ICICI Lombard Tagline: Quick Easy Smart.

Agreements

8. IISc and Indian Oil R&D inks MoU for hydrogen-generation technology

  • The Indian Institute of Science (IISc) and the Research and Development Centre of Indian Oil Corporation Limited (IOCL) have signed an MoU to develop and demonstrate biomass gasification-based hydrogen generation technology.
  • This technology will be used for producing fuel cell-grade hydrogen at an affordable price. The IISc and IndianOil will work jointly on the optimisation of both biomass gasification and hydrogen purification processes, The developed technology will be scaled up and demonstrated at IndianOils R&D Centre at Faridabad, Haryana.
  • Hydrogen generated from this demonstration plant will be used to power fuel cell buses.
  • This initiative to produce fuel cell grade hydrogen from biomass is another step by IndianOil jointly with IISc to bring hydrogen fuel to the major energy matrix of India while using the agricultural forces of India.

Important takeaways for all competitive exams:

  • Indian Institute of Science Headquarters: Bengaluru, Karnataka.
  • Indian Institute of Science Director: Govindan Rangarajan.
  • Indian Oil Corporation Limited Headquarters: New Delhi, India.
  • Indian Oil Corporation Limited Chairman: Shrikant Madhav Vaidya.

Sports

9. West Indies batsman M. Samuels retires from all forms of cricket

  • West Indies batsman, Marlon Samuels has announced his retirement from professional cricket.
  • The 39-year-old had informed Cricket West Indies (CWI) about his retirement in June this year, having last played for his country in December 2018 against Bangladesh.
  • He has played 71 Tests, 207 ODIs, and 67 T20s at the international level, has scored 11,134 international runs including 17 centuries across all formats. He also has 152 international wickets to his name.

Obituaries

10. Violin Maestro, Padma Awardee TN Krishnan passes away

  • Noted violin maestro and Padma awardee, TN Krishnan passed away. His full name was Tripunithura Narayanaiyer Krishnan.
  • He was born on 6 October 1928, in Tripunithura, Kerala and later around 1942, he settled in Chennai. He was conferred with many prestigious awards such as the Padma Shri (1973), the Padma Bhushan (1992) and the Sangeet Natak Akademi Award (1974) among others

11. 6th & shortest served CM of Bihar Satish Prasad Singh passes away

  • Former Chief Minister and Socialist of Bihar, Satish Prasad Singh passed away. He was born on January 1, 1936, in Korchakka(now known as Satish Nagar) Village, Khagaria district, Bihar.
  • Satish Prasad Singh, the leader of Soshit Samaj Dal became the 6th and the shortest- served CM of Bihar for 5 days(28 January to February 1, 1968) with the support of Indian National Congress(INC).

12. Filmmaker-actor Ashish Kakkad passes away

  • Noted actor, filmmaker and voiceover artiste, Ashish Kakkad, has passed away. He was one of the most prominent artists from the Gujarati film industry.
  • As a filmmaker, Ashish was known for his Gujarati projects namely Better Half (2010) and Mission Mummy (2016).

Miscellaneous

13. Priyanca Radhakrishnan becomes first Indian-origin minister of New Zealand

  • Indian-origin New Zealand politician, Priyanca Radhakrishnan has created history by becoming the first Indian-Kiwi woman to become a minister in New Zealand. Radhakrishnan was born in Chennai, Tamil Nadu.
  • The 41-year-old was one of five new ministers inducted into the Cabinet. She was appointed as Minister for the Community and Voluntary Sector, Minister for Diversity, Inclusion and Ethnic Communities, Minister for Youth and Associate Minister for Social Development and Employment in Prime Minister Jacinda Ardern’s cabinet.

Important takeaways for all competitive exams:

  • Prime minister of New Zealand: Jacinda Ardern.
  • Capital of New Zealand: Wellington.
  • The currency of New Zealand: New Zealand dollar.

Daily updates 5 November 2020

National

1. Indian Army chief made honorary General of Nepal Army

  • The Chief of Army Staff General, MM Naravane was conferred the honorary rank of General of the Nepali Army by President Bidya Devi Bhandari. He was honoured at a special ceremony at the President's official residence 'Shital Niwas' in Kathmandu, Nepal.
  • The ceremony was attended by the Prime Minister of Nepal K.P. Sharma Oli, Indian Ambassador Vinay M. Kwatra and other senior officials of both the countries.
  • The practice follows a seven-decade-old tradition of conferring Army Chiefs of each other's country with the honorary title.
  • Commander-in-Chief General KM Cariappa was the first Indian Army Chief to be decorated with the title in 1950.
  • In January last year, Chief of Nepali Army, General Purna Chandra Thapa, was also made the honorary General of the Indian Army by President Ram Nath Kovind at a ceremony in New Delhi.

Important takeaways for all competitive exams:

  • Prime minister of Nepal: KP Sharma Oli; President: Bidhya Devi Bhandari.
  • Capital of Nepal: Kathmandu; Currency: Nepalese rupee.

2. Prahlad Singh Patel inaugurates “Tourist Facilitation Centre” in Kerala

  • Union Minister of State (IC) for Tourism & Culture, Prahlad Singh Patel virtually inaugurated the “Tourist Facilitation Centre” facility at Guruvayur, in Kerala.
  • The facility has been constructed under the project “Development of Guruvayur, Kerala” under PRASHAD Scheme of the Ministry of Tourism, at the cost of Rs. 11.57 Crores.
  • The ‘National Mission on Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive’ (PRASHAD) were launched by the Ministry of Tourism in the year 2014-15.
  • The objective of PRASHAD scheme is integrated development of identified pilgrimage and heritage destinations.
  • It includes infrastructure development such as entry points (Road, Rail and Water Transport), last-mile connectivity, basic tourism facilities like Information/ Interpretation Centers, ATM/ Money exchange, eco-friendly modes of transport, area Lighting and illumination with renewable sources of energy, parking, drinking water, toilets, cloakroom, waiting rooms, first aid centres, craft bazaars /haats/ souvenir shops/ cafeteria, rain shelters, Telecom facilities, internet connectivity etc.

Important takeaways for all competitive exams:

  • Chief Minister of Kerala: Pinarayi Vijayan; Governor: Arif Mohammad Khan.

International

3. Bangladesh and US launch joint naval exercise CARAT Bangladesh 2020

  • Bangladesh and US navies launched the ‘Cooperation Afloat Readiness and Training (CARAT) Bangladesh 2020’ to expand relationships and broaden maritime awareness between the two countries.
  • The exercise demonstrates the U.S.’s continuing commitment to work with the Bangladesh military to address shared maritime security concerns in the region and strengthen partnership to ensure a free and open Indo-Pacific region.
  • The sea phase of the exercise will take place in the Bay of Bengal with ships from both countries.
  • The events are designed to enhance interoperability between the two navies. U.S. and Bangladesh will work through coordinated deployment of surface ships, to include tactical manoeuvres among other activities.
  • CARAT 2020 underscores the shared vision of the US and Bangladesh for a free, open, inclusive, peaceful and secure Indo-Pacific region.

4. Ivory Coast President Alassane Ouattara wins 3rd term

  • The incumbent President of Ivory Coast, Alassane Ouattara, has won a third 5-year term in a landslide victory, gaining more than 94 per cent of the votes polled.
  • The 78-year-old, Mr Ouattara was first sworn in as the president in 2010 and then re-elected in 2015. Apart from this, he has also served as the Prime Minister of Côte d’Ivoire from November 1990 to December 1993.

Important takeaways for all competitive exams:

  • Ivory Coast Capital: Yamoussoukro.
  • Ivory Coast Currency: West African CFA franc.

State News

5. ADB approves USD 132.8 mn loan to improve power distribution in Meghalaya

  • The Asian Development Bank (ADB) has approved USD 132.8 million loan to Meghalaya, to improve and upgrade the power distribution network in the state.
  • The fund will help in improving the distribution system & financial sustainability of the Meghalaya Power Distribution Corporation Limited (MePDCL).
  • The MePDCL has a huge outstanding against the power purchased from central power generating stations and to the Power Grid Corporation of India Limited (PGCIL). The loan will support in clearing the power outstanding dues.

Important takeaways for all competitive exams:

  • Meghalaya Chief Minister: Conrad Sangma.
  • Meghalaya Governor: Satya Pal Malik.
  • Meghalaya Capital: Shillong.

Defence

6. India successfully test-fires enhanced version of PINAKA rocket system

  • The enhanced version of PINAKA rocket system was successfully flight tested by Defence Research and Development Organisation (DRDO) from Integrated Test Range, Chandipur off the coast of Odisha.
  • This enhanced version of the Pinaka rocket would replace the existing Pinaka Mk-I rockets. While Mk-1 had a range of 40 km, the new variant can hit a target 45 to 60 km away.
  • The design and development of Pinaka were done by DRDO laboratories based in Pune, namely Armament Research and Development Establishment, ARDE and High Energy Materials Research Laboratory, HEMRL.

Important takeaways for all competitive exams:

  • DRDO Chairman: Dr G. Satheesh Reddy.
  • DRDO Headquarters: New Delhi.

Appointments

7. AK Gupta becomes new MD and CEO of ONGC Videsh

  • AK Gupta, the new Managing Director and CEO of ONGC Videsh Limited (OVL) took charge. Before this, he was Director (Operations) of the company.
  • Gupta was also the Head of New businesses in Marketing in ONGC and Head Business development in ONGC Videsh, both for the domestic and international markets.
  • He has handled commercial negotiations with alliance partners, regulators, customers and National Oil Companies.

Important takeaways for all competitive exams:

  • ONGC Videsh Limited Founded: 1965.
  • ONGC Videsh Limited Headquarters: New Delhi.

Books and Authors

8. ‘Till We Win’: Book on Covid-19 by AIIMS Director

  • A new book titled “Till We Win” by AIIMS Director Randeep Guleria and two other doctors will give a definitive account of India’s fight against Covid-19 and how to deal with the pandemic in the days to come.
  • The book has been co-written by leading public policy and health systems expert Chandrakant Lahariya and renowned vaccine researcher and virologist Gagandeep Kang.
  • The book deals with the “realization of inner strength and unity” amongst people of all walks of life in a country known for its cultural and linguistic diversity. It will hit the stands this month and published by Penguin Random House India.
  • The book delves into how learnings from Covid-19 pandemic can be used to strengthen the Indian health system, for better, forever. It is up to all of us to convert the challenge posed by pandemic as an opportunity to strengthen health systems.

Important Days

9. World Tsunami Awareness Day: 5 November

  • World Tsunami Awareness Day was observed across the world on 5 November. The day is celebrated to spread awareness among people across the world in matters related to the dangers of tsunami.
  • In 2020, World Tsunami Awareness Day encourages the development of national and community-level, local disaster risk reduction strategies to save more lives against disasters. This year’s observance promotes "Sendai Seven Campaign,” target.
  • In December 2015, the UN General Assembly designated 5 November as World Tsunami Awareness Day, calling on countries, international bodies and civil society to raise tsunami awareness and share innovative approaches to risk reduction.
  • World Tsunami Awareness Day was the brainchild of Japan, which due to its repeated, bitter experience has over the years built up major expertise in areas such as tsunami early warning, public action and building back better after a disaster to reduce future impacts.
  • UN Disaster Risk Reduction (UNDRR) facilitates the observance of World Tsunami Awareness Day in collaboration with the rest of the United Nations system.

Obituaries

10. Kannada actor HG Somashekar Rao passes away

  • Veteran Kannada theatre and film actor, HG Somashekar Rao passed away. He had appeared in more than 60 movies during his career spanning about five decades.
  • He made his big-screen debut with 1975 Kannada film Geejagana Goodu. Apart from this, HG Somashekar Rao was also a published author. He has written 25 books, including an autobiography.

11. Bollywood Actor Faraaz Khan passes away

  • Bollywood actor Faraaz Khan passed away. He had acted in several popular Bollywood films in the late 1990s and early 2000s.
  • Some of them include Mehndi (1998), Fareb (1996), Dulhan Banoo Main Teri (1999) and Chand Bujh Gaya (2005) among others.