Current Affairs 30th October 2021| Current Affairs News

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CURRENT AFFAIRS: NATIONAL NEWS

India, Israel has agreed to form task force to identify new areas of defence cooperation

India-Israel Joint Working Group on Bilateral Defence Cooperation has agreed to form a Task Force to formulate a comprehensive Ten-Year Roadmap to identify new areas of cooperation.
This was decided at the 15th Joint Working Group meeting held in Tel Aviv, Israel. The meeting was co-chaired by Defence Secretary Dr Ajay Kumar and the Director General of the Israel’s Ministry of Defence, Major General (Retd) Amir Eshel.
The Joint Working Group is the apex body between the Ministry of Defence of India and Israel’s Ministry of Defence to comprehensively review and guide all aspects of Bilateral Defence Cooperation.
The two sides reviewed the progress made in Military-to-Military engagements including exercises and industry cooperation.
The Co-chairs were also apprised of the progress made by the Sub Working Groups on Defence Procurement and Production and Research and Development.
It was also decided to form a Sub Working Groups on Defence Industry Cooperation and in this regard a Terms of Reference was signed between the two sides.

IITF 2021 to be held from November 14-27 at Pragati Maidan

India International Trade Fair (IITF) will be held at Pragati Maidan, New Delhi from 14th of November to 27th November.
The fair held annually, which witnesses record footfall, was not held last year due to the COVID19 outbreak.
The theme of the fair is ‘AatmaNirbhar Bharat’ (Self-Reliant India) – the vision of ‘New India’.
Bihar is the ‘Partner State’ whereas Uttar Pradesh and Jharkhand are the “Focus States” in the fair.
So far, Afghanistan, Bangladesh, Bahrain, China, Ghana, Kyrgyzstan, Tunisia, Turkey, Sri Lanka and UAE have confirmed their participation in the fair.
The New Exhibition Complex was formally inaugurated by Prime Minister Narendra Modi on 13th of October.

Union Minister Jitendra Singh has launched Indian manned Ocean Mission Samudrayan

Union Minister of State for Science and Technology Jitendra Singh has launched the Indian manned Ocean Mission Samudrayan in Chennai.
India has joined the elite club of Nations such as the USA, Russia, Japan, France and China to have such underwater vehicles for carrying out sub-sea activities.
The Ministry of Earth Sciences is carrying out deep ocean exploration of the non- living resources such as polymetallic manganese nodules,gas hydrates,hydrothermal sulphides and cobalt crusts located at a depth between 1000 and 5500 metres.
Sea trials of 500 metre rated shallow water version of the manned submersible are expected to take place in the last quarter of 2022 and the MATSYA 6000, the deep-water manned submersible will be ready for trials by the second quarter of 2024.
NIOT is indigenously developing a manned submersible designed to carry three persons in 2.1 diameter Titanium Alloy Personal Sphere with an operational endurance of 12 hours and systems to support emergency endurance upto 96 hours.

IMAC has approved seven proposals with total project cost of over Rs. 216 crores

Union Minister of Food Processing Industries Pashupati Kumar Paras chaired the Inter-Ministerial Approval Committee (IMAC) meeting to consider the proposals received under the Scheme for Creation of Infrastructure for Agro-Processing Cluster of Pradhan Mantri Kisan Sampada Yojana.
During the meeting, IMAC approved seven proposals with a total project cost of over 216 crore rupees.
This includes grants-in-aid of over 52 crore rupees in the States and UTs of Chhattisgarh, Andhra Pradesh, Maharashtra, Rajasthan, Uttar Pradesh and Tamil Nadu.
These projects will leverage private investment of around 163 crore rupees and are expected to generate employment for 12,400 persons and benefit 28,000 farmers.
Minister of State for Food Processing Industries, Prahlad Singh Patel along with senior officials of the Ministry and promoters of projects were also present in the meeting.

NITI Aayog has released the report on Health Insurance for India’s Missing Middle

NITI Aayog has released a comprehensive report titled Health Insurance for India’s Missing Middle, which brings out the gaps in the health insurance coverage across the Indian population and offers solutions to address the situation.
The report was launched in the presence of NITI Aayog CEO Amitabh Kant and Additional Secretary Dr Rakesh Sarwal.
NITI Aayog Member V.K. Paul, in the Foreword of the report has highlighted the need for health insurance coverage for all and significant challenges will need to be overcome to increase the penetration of health insurance.
The government and the private sector will need to come together in this endeavor. The private sector ingenuity and efficiency is required to reach the missing middle and offer compelling products.
The government has an important role to play in increasing consumer awareness and confidence, modifying regulation for standardized product and consumer protection, and potentially offering a platform to improve operational efficiency.
The report is an effort to re-invigorate the dialogue on increasing financial protection for health and the broader goal of Universal Health Coverage.

SC appoints 3-member Expert Panel to Investigate on Pegasus Spyware Usage

A Supreme Court (SC) bench headed by Chief Justice of India (CJI) N V Ramana instituted a 3-member expert panel to investigate the issue on usage of ‘Pegasus Spyware’ on Indian Citizens during 2019.

3-member expert panel:

Naveen Kumar Chaudhary – He is a Cyber Security expert & the Dean of National Forensic Sciences University, Gandhinagar, Gujarat
Prabaharan P – With Expertise in Malware detection & Critical infrastructure security, Prabaharan serves as Professor (School of Engineering), Amrita Vishwa Vidyapeetham
Ashwin Anil Gumaste – He was awarded Vikram Sarabhai Research Award (2012) and Shanti Swarup Bhatnagar Prize for Science and Technology (2018), & currently serves as an Associate Professor in IIT Bombay
The 3-member technical panel will submit the reports to former SC Judge RV Raveendran, who will be assisted by former IPS officer Alok Joshi and Sundeep Oberoi.

About Supreme Court of India:

CJI – N. V. Ramana (48th CJI)
Total Strength of Judges – 34 (including CJI) (But presently there are 33 (Including CJI))
Retirement Age of Supreme Court Judges is 65 years

ROIP system inaugurated at SMP Port, Kolkata; BPCL Conducted 1st Ship-to-ship LPG transfer at SMP Port

On October 26, 2021, the Radio over Internet Protocol (ROIP) System at Syama Prasad Mookerjee Port, Kolkata (SMP, Kolkata), West Bengal (WB) was inaugurated for the first time in any Major Indian Port.
It is being introduced as a marine communication mode covering the entire Hugli River Estuary from Kolkata to Sandheads, having base stations at 4 Locations.
Again, for the first time ever in the history of major ports, SMP, Kolkata has successfully handled ship-to-ship (STS) lighterage operation of Liquid Petroleum Gas (LPG) of BPCL (Bharat Petroleum Corporation Limited) at Sandheads.

About Syama Prasad Mookerjee Port, Kolkata:

It is the oldest operating port in India and was constructed by the British East India Company.
Chairman– Vinit Kumar

Civil Aviation Minister Launches Scheme to Promote Agri-Products Transportation by Air – Krishi UDAN 2.0’

Civil Aviation Minister Jyotiraditya Scindia launched Krishi Udan 2.0 scheme to implement in 53 airports under which cargo-related infrastructure will be built mainly focusing on north-east, hilly and tribal regions and likely benefits farmers.
They aimed at opening new ventures of growth for agriculture sectors and also doubling farmer’s income by removing barriers in supply chain and transportation of farm produce.

Addl.Info:

The Ministry of Ports, Shipping and Waterways (MoPSW) and the Ministry of Civil Aviation (MoCA) signed a Memorandum of Understanding (MoU) for development of Seaplane services in India.
The agreement will help in development of new water aerodromes and operationalization of new Seaplane routes in India.

CURRENT AFFAIRS: INTERNATIONAL NEWS

Karnataka Bank gets Award for Innovative HR practices

Karnataka Bank has been awarded for being the ‘Top Organization with Innovative HR (Human Resource) Practices ‘award at the 19th edition of the Asian Pacific HRM Congress.

About Karnataka Bank

CEO: Mahabaleshwara M. S
Headquarters: Mangalore, Karnataka
Founded: 18 February 1924
Tagline: “Your Family Bank Across India”

4 Indian Institutes made it to Times Higher Education’s World Reputation Rankings 2021; IISc Bengaluru Among Top 100

Indian institutes have made it to the Times Higher Education (THE)’s World Reputation Rankings 2021, the annual ranking of THE that features the top 200 universities based on the votes from leading academics across the globe. Indian Institute of Science (IISc) Bengaluru ranked among the top 100(91-100) has topped the Indian Institutes.
The other 3 Indian institutes are the Indian Institute of Technology (IIT) Bombay, the Indian Institute of Technology (IIT) Delhi, and the Indian Institute of Technology (IIT) Madras.
Harvard University of the United States of America (USA) has topped the 2021 ranking followed by Massachusetts Institute of Technology (MIT), USA and University of Oxford from the United Kingdom (UK) has secured the 2nd and 3rd rank respectively.

About Times Higher Education (THE):

Times Higher Education (THE), formerly The Times Higher Education Supplement (THES), is a British magazine.
Headquarter– London, United Kingdom (UK)

India and Bangladesh reviewed the progress of Line of Credit projects

The 19th India-Bangladesh Line of Credit (LOC) review meeting was held in Dhaka on 27-28 October.
The meeting reviewed progress of 43 projects being taken up for implementation under the Government of India Lines of Credit (LOCs) extended to Bangladesh.
The review meeting identified the existing issues with project implementation and their possible resolution mechanisms.
Under the first LOC of USD 862 million, 12 out of 15 projects have already been completed and 3 projects are under execution. Under the second LOC of USD 2 billion, 2 projects are already complete and the other projects are under various stages of implementation.
Under the third LOC of USD 4.5 billion, 1 project has reached execution stage, while the other projects are under various stages of DPP finalisation and tendering.
There is considerable improvement in the speed of projects reaching execution/tendering stage which has been made possible with active cooperation of the project-executing agencies of both sides.
It was agreed that the 20th Bilateral LOC Review Meeting would be held in Delhi in April 2022.

CURRENT AFFAIRS: STATE NEWS

Amit Shah has launched Ghasiyari Kalyan Yojana in Dehradun

Union Home Minister Amit Shah is on a day-long visit to Uttarakhand.
He has launched Ghasiyari Kalyan Yojana in Dehradun.
Shah will address party’s public representative and attend the BJP’s core group meeting in Dehradun. Shah will go to Haridwar in the evening to attend a function of Dev Sanskriti University. He will also go to Harihar Ashram and meet the saints.
The objective of Mukhymantri Ghasiyari Kalyan Yojana is to eliminate the burden of more than three lakh rural women of the state living in mountainous regions. Under this scheme, packaged silage or safe green fodder will be provided at their doorstep.

CURRENT AFFAIRS: BUSINESS NEWS

India is committed to achieve over 40% cumulative electric power installed capacity from non-fossil-fuel energy resources by 2030: Power Ministry

India is committed to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy resources by 2030.
Government has identified new areas to achieve higher levels of penetration of Renewable energy by proposing certain Amendments to Energy Conservation Act, 2001.
The objective of this amendment is to enhance demand for renewable energy at the end-use sectors such as Industry, buildings and transport
There will be provision to incentivise efforts on using clean energy sources by means of carbon saving certificate.
The proposed amendments will facilitate development of Carbon market in India and prescribe minimum consumption of renewable energy either as direct consumption or indirect use through grid. This will also help in reduction of fossil fuel- based energy consumption and carbon emission to the atmosphere.

CURRENT AFFAIRS: BANKING AND ECONOMY

SAIPL and SBI together Provides Financial Support to Dairy farmers in Maharashtra

Sunfresh Agro Industries Private Limited (SAIPL) in Maharashtra operating under Global dairy major Lactalis partnered with State Bank of India (SBI) to extend financial support to the dairy farmers in the state.
The loan from SBI helps the farmers to buy cattle that would produce higher quality milk, improve storage and supply-chain.
The company is in the market with brand Parbhat for milk and indegenous products

About State Bank of India

Founded – July 1, 1955
Chairperson – Dinesh Kumar Khara
Headquarters – Mumbai

About Maharashtra

Chief Minister – Uddhav Thackery
Governor – Bhagat Singh Koshyari
Tiger Reserves – Bor Tiger Reserve, Tadoba-Andhari, Navegaon – Nagzira

Govt, ADB sign US$100mn Loan Pact to Promote Agribusiness in Maharashtra

The Government of India (GoI) and Asian Development Bank (ADB) inked US$100 million loan agreement for Maharashtra Agribusiness Network (MAGNET) Project.
The project envisages promoting agribusiness network to boost farm incomes and reduce food losses in the State of Maharashtra.
ADB will provide a $500,000 technical assistance (TA) grant from its Technical Assistance Special Fund and $2 million from the Japan Fund for Poverty Reduction on a grant basis to improve market linkages for FPOs (Farmer Producer Organizations).

Signatories:

India– Rajat Kumar Mishra, additional Secretary in the Ministry of Finance
ADB– Takeo Konishi, Country Director of ADB’s India Resident Mission

Addl.Info:

The ADB loan will provide financing opportunities for FPOs and value chain operators (VCOs) through grants.
It also provides financial intermediation loans to support 300 subprojects.
The TA will establish crop-based centers of excellence networks, promote innovative technologies in agribusiness, and support capacity building of the MAGNET Society and the Maharashtra State Agriculture Marketing Board (MSAMB).

RBI has imposed ₹56-lakh penalty on Nainital Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹56 lakh on The Nainital Bank Ltd (NBL), Uttarakhand, for non-compliance with its directions relating to divergence in non-performing asset (NPA) accounts as well as asset classification and provisioning, and classification and reporting of frauds.
This penalty has been imposed in exercise of powers vested in RBI under the provisions of the Banking Regulation Act, 1949
It has emphasised that this action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

Yes Bank has launched co-branded card with BankBazaar

Yes Bank has announced the launch of co-branded credit card FinBooster in partnership with BankBazaar.com
It aims to empower customers to not only keep a track of their credit worthiness but also improve their score basis review of factors impacting their credit score through an intuitive CreditStrong app subscription (credit fitness report), complimentary for the Cardholder for the first year
The most recent edition of the BankBazaar Aspiration Index revealed that while close to 90 per cent people knew what credit score was, less than 70 per cent could accurately point out the impact of their financial habits on their credit scores.
Finbooster in partnership with BankBazaar is another step in our endeavour to enhance customer experience while strengthening our Credit Cards portfolio.
Designed to promote credit health, the card empowers customers to boost their credit worthiness while continuing to earn rewards points through everyday spends across brands and merchants.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Government Appoints Banker K V Kamath as Chairperson of NaBFID

The government appointed K V Kamath, as chairperson of the newly set up Rs 20,000 crore National Bank for Financing Infrastructure and Development (NaBFID), a newly set up Development Financial Institution (DFI) in India, Department of Financial Services (DFS), under the finance ministry.
K V Kamath began his career at ICICI in 1971and retired as managing director and CEO in April 2009 and became its non-executive chairman.
The institution has been set up to support the development of long-term non-recourse infrastructure financing.
National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 supports the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.

About Financial Institutions

In India, the first DFI was operationalised in 1948 with the setting up of the Industrial Finance Corporation of India (IFCI).
Subsequently, the Industrial Credit and Investment Corporation of India (ICICI) was set up with the backing of the World Bank in 1955.
The Industrial Development Bank of India (IDBI) came into existence in 1964 to promote long-term financing for infrastructure projects and industry.

CURRENT AFFAIRS : DEFENCE NEWS

Raksha Rajya Mantri Shri Ajay Bhatt flags off NIMAS multidimensional adventure sports

On Oct 27, 2021, Raksha Rajya Mantri Shri Ajay Bhatt flagged off upcoming National Institute of Mountaineering & Allied Sports (NIMAS) multidimensional adventure sports expedition to Europe, in New Delhi.
The NIMAS will be conducting this expedition in the general area Chamonix, France in November 2021, which is considered the adventure capital of Europe.
Expedition will be led by NIMAS Director Col Sarfraz Singh.
The locations of the expedition are (i) Alps Mountains; (ii) Chamonix; (iii) Normandy and (iv) English Channel.

Aim :

To commemorate 75 years of Independence with an overall aim to promote adventure sports in the country by conducting India’s first multidimensional adventure sports expedition in the fields of land, aero and aqua.

About National Institute of Mountaineering & Allied Sports :

The National Institute of Mountaineering and Allied Sports (NIMAS) is an autonomous institute under the Indian Ministry of Defence, which provides specialized training in mountain rescue, mountaineering and adventure sports.
The institute was founded by the Government of Arunachal Pradesh and is located in Dirang of the West Kameng district of Arunachal Pradesh.

DRDO & IAF successfully flight-test indigenously developed long-range bomb

On Oct 29, 2021, The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) jointly flight-tested an indigenously developed Long Range Bomb (LRB) in Odisha.
The Research Centre Imarat (RCI), a DRDO laboratory located at Hyderabad in coordination with other DRDO laboratories has designed and developed the Long-Range Bomb (LRB).
The LRB is guided to a land-based target at a long range with accuracy within specified limits.
The LR Bomb, with a range of 100 kilometres, was fired from the IAF fighter aircraft flying at an altitude of 10 kilometres.
The flight of the bomb and the performance were monitored by a number of range sensors, including electro optical tracking system (EOTS), telemetry and radar.

CURRENT AFFAIRS : SUMMITS & CONFERENCES

MeitY to organise “AI Pe Charcha” on “AI for Date Driven Governance” theme

On Oct 28, 2021, The National e Governance Division (NeGD) of the Ministry of Electronics and IT is organising yet another AI Pe Charcha (AI Dialogue).
Theme : AI for Date Driven Governance

Aim :

Covering the importance of data driven and AI-enabled governance along with the global best practices.

About AI Pe Charcha :

AI Pe Charcha is a series of panel discussions involving various global and domestic leaders from the Government and industry, researchers and academicians sharing their views & experiences and challenges around Artificial Intelligence.
The session will involve experts speaking about leveraging AI for Public Sector, Defence and Security, Postal Services and Future Cities.
They will also showcase a “presentation on important AI-driven solutions” which have played an important role amid the COVID-19 pandemic.

About National e-Governance Division :

National e-Governance Division was created in 2009 by the Ministry of Electronics & Information Technology as an Independent Business Division under the Digital India Corporation.

About Ministry of Electronics and Information Technology :

Founded: 1991
Headquarters: New Delhi
Cabinet Minister : Ashwini Vaishnaw
Minister of State : Rajeev Chandrasekhar
Secretary : Ajay Prakash Sawhney

Ministry of Agriculture and Farmers Welfare addresses National Conference on ‘International Year of Fruits and Vegetables’

On Oct 29, 2021, Union Minister for Agriculture & Farmers Welfare Shri Narendra Singh Tomar addressed a National Conference on “International Year of Fruits and Vegetables”.
The Conference was organized by the Ministry of Agriculture and Farmers’ Welfare in collaboration with the Food and Agriculture Organization of the United Nations.
It was organized as part of the celebration of the “International Year of Fruits and Vegetables, 2021” declared by the United Nations Organization.
The theme for International Year of Fruits and Vegetables 2021 is “Awareness about the nutritional benefits of fruits and vegetables for balanced and healthy diet and lifestyle.”

About the Conference :

The conference is a unique opportunity to raise awareness about the important role of fruits and vegetables in human nutrition, health, food security and also in achieving Sustainable Development Goals of the United Nations.
To promote Globally popular Exotic and important Indigenous fruit crops in the country

About FAO :

Headquarters: Rome, Italy
Founded: 16 October 1945, Quebec City, Canada
Director General : Qu Dongyu
Member States : 197

About Ministry of Agriculture and Farmers Welfare :

Founded: 1947
Headquarters: New Delhi
Cabinet Minister : Narendra Singh Tomar
Minister of State : Shobha Karandlaje , Kailash Choudhary
Secretary : Sanjay Agarwal

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

PM Modi Reconstituted the 7 Member EAC to PM for 2 years; Bibek Debroy retained as head

Prime Minister (PM) Narendra Modi has approved to reconstitute the 7-member Economic Advisory Council (EAC) to the Prime Minister (EAC-PM) following the end of its tenure in September 2021.
The EAC-PM has been reconstituted for a period of two years or until further orders.
Noted economist and NITI Aayog member Bibek Debroy who has been serving as the chairman of EAC-PM since 2017 will continue as the Chairman of the reconstituted EAC-PM.

Part-Time members:

PM Modi has inducted 3 new part-time members for a period of 2 years, they are, Rakesh Mohan, former deputy governor of Reserve Bank of India, T.T Ram Mohan, Professor of IIM Ahmedabad Poonam Gupta, Director-General of National Council of Applied Economic Research (NCAER).
Other part-time members: Sajid Chenoy, J.P. Morgan’s Chief India Economist Neelkanth Mishra co-head of Asia Pacific Strategy and India Strategist for Credit Suisse.
Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Co. Ltd

Note:

The part-time members of EAC-PM may be paid Rs.10000 per day of sitting.

About EAC-PM:

The office space and other facilities of EAC-PM are provided by the Niti Aayog in Niti Aayog Bhawan, New Delhi.
It was set up in September 2017 with a term of two years, and was reconstituted previously in 2019.
It was established replacing the erstwhile PMEAC headed by former Reserve Bank of India (RBI) governor C Rangarajan during the term of former PM Manmohan Singh.

CURRENT AFFAIRS : SPORTS NEWS

Telangana Govt Unveils World’s Largest Cricket Bat In Hyderabad

Former India captain and Hyderabad Cricket Association (HCA) president Mohd Azharuddin unveiled the world’s largest cricket bat in Hyderabad.

Key people :

The bat was unveiled in the presence of principal secretary, MA&UD and commissioner, I & PR, Arvind Kumar and principal secretary, I&C and IT, Jayesh Ranjan.
The bat, which was designed by Pernod Ricard India (P) Ltd, was fabricated by BSL events.
The bat measures10 feet, weighs nine tonnes and is made of poplar wood.
The budget spent on making the bat amounts to almost Rs 70 lakh and had taken about a month to be made.
The bat is currently on display on tank Bund, Hyderabad and will be placed there on November 16.

CURRENT AFFAIRS : OBITUARIES

Kannada Actor Puneeth Rajkumar Passes Away

On Oct 29, 2021, Kannada superstar Puneeth Rajkumar passed away.
He was 46.

About Puneeth Rajkumar :

Puneeth Rajkumar (born Lohith) was born in Chennai, Tamil Nadu.
He is colloquially known as Appu, was an Indian actor, playback singer, television presenter, and producer who worked primarily in Kannada cinema.
He has been dubbed by media and fans as “Powerstar“.
Puneeth’s first lead role was in 2002’s Appu.
He has acted in 49 movies including in 28 where he was the lead
In 2012, he debuted as a television presenter on the game show Kannadada Kotyadhipati, a Kannada version of Who Wants to Be a Millionaire?.

Awards & Honours :

Puneeth won the National Film Award for Best Child Artist for his role of Ramu in Bettada Hoovu (1985).
He also won the Karnataka State Award for Best Child Artist for his performances in Chalisuva Modagalu and Yeradu Nakshatragalu.

Daily CA On Oct 29 :

International Internet Day is marked annually on 29 October.
World Psoriasis Day on October 29th every year recognizes those who suffer from psoriasis and/or psoriatic arthritis.
Prime Minister Narendra Modi has arrived in Rome, Italy to attend the 16th G-20 Summit. Modi has participated in the Summit at the invitation of Italian Prime Minister Mario Draghi.
Chennai – Mysore- Chennai Shatabdi Express becomes the first Integrated Management Systems certified train of Southern Railway.
Health Minister Mansukh Mandaviya has launched the 6th edition of National Formulary of India to promote rational use of medicines in the country.
Housing and Urban Affairs Minister Hardeep Singh Puri has inaugurated the 14th Urban Mobility Conference 2021 through video conference.
Union Minister Dharmendra Pradhan, Ministry of Skill Development and Entrepreneurship (MSDE), launched the second phase of the Mahatma Gandhi National Fellowship (MGNF) for 2 years, 2021-2023 on October 25,2021.
The Union Minister of Power & New and Renewable Energy, R K Singh launched India’s 1st Green Day Ahead Market (GDAM) for the renewable energy (RE) to enable the electricity generation and distribution companies (Discoms) to trade (i.e., buy or sell) RE in the day-ahead market.
The Prime Minister (PM) of India Narendra Damodardas Modi launched a pan-India scheme namely PM Ayushman Bharat Health Infrastructure Mission from Varanasi, Uttar Pradesh (UP).
Indo-Pacific Regional Dialogue (IPRD) is scheduled to be held as a three-day online event that commences on 27, 28 and 29 October 2021.
China-based Asian Infrastructure Investment Bank (AIIB) along with the Asian Development (ADB) are currently processing a USD 2 billion loan for India to purchase COVID-19 vaccines.
The Information and Broadcasting minister of Bangladesh, Dr Hasan Mahmud has inaugurated Bangabandhu Sambad Kendra at the Kolkata Press Club.
According to the State of the Climate in Asia 2020, a first of its kind multi-agency report published by the World Meteorological Organization (WMO), India has suffered an average annual loss (AAL) of around 87 billion USD due to tropical cyclones, floods and droughts.
Comptroller and Auditor General of India (CAG) and Auditor General of Maldives signed a Memorandum of Understanding (MoU) to strengthen the audit process of public finance.
Singapore plans to launch standardized guidelines for renewable energy certificates (REC) in an effort to decarbonise its power sector and develop a regional grid.
Gujarat Chief Minister Bhupendra Patel has launched a new scheme titled ‘Go-Green’, & its portal to provide electric two-wheelers at subsidised rates to construction and industrial workers of the state.
The Government of India and the Asian Development Bank has signed a 251 -million-dollar loan for climate-resilient, integrated urban flood protection and management in the Chennai- Kosasthalaiyar basin to strengthen resilience of Chennai city to floods.
The Central Government signed a Share Purchase Agreement (SPA) with Tata Sons for sale (strategic disinvestment) of national carrier Air India for Rs 18,000 crore.
ICICI Lombard General Insurance has launched a solution named ‘BeFit’ to provide benefits of OPD (Outpatient Department) services to its customers in a cashless manner.
IndiGo and Kotak Mahindra Bank (KMB) entered into a strategic partnership for the launch of a co-branded credit card named ‘Ka-ching’.
The government has approved the reappointment of Shaktikanta Das as Governor of the Reserve Bank of India for a period of three years.
The Advertising Standards Council of India’s (ASCI’s) board has elected Subhash Kamath for a second consecutive term as chairman.
Isha Ambani has been appointed to the Board of Trustees of Simthsonian’s National Museum of Asian Art, for a four-year term beginning September 23, this year, the National Museum of Asian Art.
Shavkat Mirziyoyev, the incumbent President of Uzbekistan has won a 2nd five-year term as the President of Uzbekistan.
On Oct 28, 2021, the indigenously built Indian Coast Guard Ship Sarthak was dedicated to the nation.
On Oct 28, 2021, Prime Minister Shri Narendra Modi attended the 18th Association of Southeast Asian Nations (ASEAN)-India Summit
On Oct 28, 2021, Union Minister for Health and Family Welfare, Mansukh Mandaviya addressed the inaugural session of CII Asia Health 2021 summit.
Karnataka has topped the State Energy Efficiency Index 2020 (SEEI) with a score of 70 points out of 100.
On Oct 28, 2021, Renowned oncologist and founder-director of Regional Cancer Centre (RCC) Dr M Krishnan Nair Passed away.

Daily CA On Oct 30 :

India-Israel Joint Working Group on Bilateral Defence Cooperation has agreed to form a Task Force to formulate a comprehensive Ten-Year Roadmap to identify new areas of cooperation.
India International Trade Fair (IITF) will be held at Pragati Maidan, New Delhi from 14th of November to 27th November.
Union Minister of State for Science and Technology Jitendra Singh has launched the Indian manned Ocean Mission Samudrayan in Chennai.
Union Minister of Food Processing Industries Pashupati Kumar Paras chaired the Inter-Ministerial Approval Committee (IMAC) meeting to consider the proposals received under the Scheme for Creation of Infrastructure for Agro-Processing Cluster of Pradhan Mantri Kisan Sampada Yojana.
NITI Aayog has released a comprehensive report titled Health Insurance for India’s Missing Middle, which brings out the gaps in the health insurance coverage across the Indian population and offers solutions to address the situation.
A Supreme Court (SC) bench headed by Chief Justice of India (CJI) N V Ramana instituted a 3-member expert panel to investigate the issue on usage of ‘Pegasus Spyware’ on Indian Citizens during 2019.
On October 26, 2021, the Radio over Internet Protocol (ROIP) System at Syama Prasad Mookerjee Port, Kolkata (SMP, Kolkata), West Bengal (WB) was inaugurated for the first time in any Major Indian Port.
Civil Aviation Minister Jyotiraditya Scindia launched Krishi Udan 2.0 scheme to implement in 53 airports under which cargo-related infrastructure will be built mainly focusing on north-east, hilly and tribal regions and likely benefits farmers.
Karnataka Bank has been awarded for being the ‘Top Organization with Innovative HR (Human Resource) Practices ‘award at the 19th edition of the Asian Pacific HRM Congress.
Indian institutes have made it to the Times Higher Education (THE)’s World Reputation Rankings 2021, the annual ranking of THE that features the top 200 universities based on the votes from leading academics across the globe. Indian Institute of Science (IISc) Bengaluru ranked among the top 100(91-100) has topped the Indian Institutes.
The 19th India-Bangladesh Line of Credit (LOC) review meeting was held in Dhaka on 27-28 October.
Union Home Minister Amit Shah is on a day-long visit to Uttarakhand.
India is committed to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy resources by 2030.
Sunfresh Agro Industries Private Limited (SAIPL) in Maharashtra operating under Global dairy major Lactalis partnered with State Bank of India (SBI) to extend financial support to the dairy farmers in the state.
The Government of India (GoI) and Asian Development Bank (ADB) inked US$100 million loan agreement for Maharashtra Agribusiness Network (MAGNET) Project.
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹56 lakh on The Nainital Bank Ltd (NBL), Uttarakhand, for non-compliance with its directions relating to divergence in non-performing asset (NPA) accounts as well as asset classification and provisioning, and classification and reporting of frauds.
Yes Bank has announced the launch of co-branded credit card FinBooster in partnership with BankBazaar.com
The government appointed K V Kamath, as chairperson of the newly set up Rs 20,000 crore National Bank for Financing Infrastructure and Development (NaBFID), a newly set up Development Financial Institution (DFI) in India, Department of Financial Services (DFS), under the finance ministry.
On Oct 27, 2021, Raksha Rajya Mantri Shri Ajay Bhatt flagged off upcoming National Institute of Mountaineering & Allied Sports (NIMAS) multidimensional adventure sports expedition to Europe, in New Delhi.
On Oct 29, 2021, The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) jointly flight-tested an indigenously developed Long Range Bomb (LRB) in Odisha.
On Oct 28, 2021, The National e Governance Division (NeGD) of the Ministry of Electronics and IT is organising yet another AI Pe Charcha (AI Dialogue).
On Oct 29, 2021, Union Minister for Agriculture & Farmers Welfare Shri Narendra Singh Tomar addressed a National Conference on “International Year of Fruits and Vegetables”.
Prime Minister (PM) Narendra Modi has approved to reconstitute the 7-member Economic Advisory Council (EAC) to the Prime Minister (EAC-PM) following the end of its tenure in September 2021.
Former India captain and Hyderabad Cricket Association (HCA) president Mohd Azharuddin unveiled the world’s largest cricket bat in Hyderabad.
On Oct 29, 2021, Kannada superstar Puneeth Rajkumar passed away.