Current Affairs November 01st 2022| Current Affairs News

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CURRENT AFFAIRS: IMPORTANT DAYS

World Vegan Day: November 1^st

• Every year, World Vegan Day is celebrated on November 1.
• This day is observed to raise awareness of the advantages of veganism for humans, non-human animals, and the natural environment.
• Vegan Day is an opportunity to raise awareness about the advantages of a vegan diet and veganism in general.
• Louise Wallis, then-Chair of The Vegan Society in the United Kingdom, established the day in 1994 to commemorate the organization’s founding and the coining of the terms “vegan” and “veganism.”
• The date of November 1st was chosen by the Vegan Society’s President.
• This is now recognized as the date on which the Vegan Society was founded, as well as the date on which Vegan Day is observed.

CURRENT AFFAIRS: NATIONAL NEWS

India will provide a $500,000 donation to the UN Trust Fund for Counterterrorism:

• The foreign minister announced that India will contribute half a million dollars to the UN’s efforts to combat international terrorism when new and developing technologies used by terrorist organizations are posing fresh threats to governments worldwide.
• The declaration was made at the UN Security Council Special Counter-Terrorism Committee (CTC) meeting in New Delhi’s plenary session.
• To support the Office of Counterterrorism’s efforts to support member states in preventing and combating the threat of terrorism, India will make a voluntary contribution of half a million dollars to the UN Trust Fund for Counter Terrorism this year.
• Jaishankar stressed the need for the international community to take action to address the threats posed by the misuse of new and emerging technologies for terrorist activities.
• Internet and social media platforms have developed into effective tools in the arsenal of terrorist and militant groups for disseminating propaganda, radicalizing, and spreading conspiracies aimed at destabilizing societies.

India’s Second National Model Vedic School is opened in Puri by the Union Education Minister:

• The second Rashtriya Adarsh Veda Vidyalaya (RAVV) in India was opened by the Union Minister of Education Dharmendra Pradhan in Puri.
• The Rashtriya Adarsh Veda Vidyalaya was established to educate people about the Vedas.
• The National Model Vedic School is also known as Rashtriya Adarsh Veda Vidyalaya.
• The first institution of its kind is located in Ujjain, Madhya Pradesh: Maharishi Sandipani Rashtriya Ved Vidya Pratisthan.
• The Rigveda, Samaveda, Yajurveda, and Atharva are all part of the Rashtriya Adarsh Veda Vidyalaya’s curriculum.
• Students will also have the option to choose from courses in agriculture, English, math, social science, and computer science at the Rashtriya Adarsh Veda Vidyalaya.
• Veda Bhushan fourth (class 9), Veda Bhushan fifth (class 10), Veda Vibhushan first (class 11), and Veda Vibhushan second (class 12) admissions will be based on merit (class 12).
• The classes will start during the academic year 2022–2023.
• At Badrinath in Uttarakhand, Sringeri in Karnataka, Dwarka in Gujarat, and Guwahati in Assam, four additional such schools will open.

Union government plans to launch the second phase of a dedicated program to develop solar parks:

• The Union government plans to launch the second phase of a dedicated program to develop solar parks across the country that will aim to plug loopholes and overcome slow progress.
• The scheme, ‘Development of Solar Parks and Ultra Mega Solar Power Projects, was launched in December 2014 to help solar project developers set up projects in a plug-and-play model.
• The scheme is valid till the end of this fiscal.
• The government now plans to launch the second phase of this scheme with a focus on floating solar projects.
• Under the current scheme, the MNRE provides central financial assistance (CFA) of up to ₹20 lakh per MW or 30% of the project cost, including grid-connectivity cost.
• The solar parks are developed in partnerships with state governments and their agencies, CPSUs, and private entrepreneurs.
• The implementing agency is termed a solar power park developer (SPPD).

PM laid the foundation stone of the C-295 transport aircraft manufacturing plant in Gujarat:

• Prime Minister Shri Narendra Modi laid the foundation stone of the C-295 transport aircraft manufacturing plant, in Vadodara, Gujarat.
• The C-295 transport aircraft for the Indian Air Force will be manufactured by Tata-Airbus.
• Apart from making 40 aircraft, this facility at Vadodara would be manufacturing additional aircraft for Air Force requirements and exports.
• By 2025 India aims defence manufacturing scale to cross $25 billion.
• Defense corridors being established in Uttar Pradesh and Tamil Nadu would power this scale.
• Apart from making 40 aircraft, this facility at Vadodara would be manufacturing additional aircraft for Air Force requirements and exports.
• The first Indian Air Force squadron of C-295 transport aircraft would also be based in Vadodara.
• The aircraft built in India would be supplied from 2026 to 2031 and the first 16 fly-away aircraft are scheduled to be delivered to the IAF between September 2023 and August 2025.
• In September last year, India sealed a ₹21,935 crore deal with Airbus Defence and Space to procure 56 C-295 aircraft to replace the IAF’s ageing Avro-748 planes that entered service in the early 1960s.
• Under the deal, Airbus will deliver the first 16 aircraft in ‘fly-away’ condition from its final assembly line in Seville, Spain within four years and the subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems (TASL) in India as part of an industrial partnership between the two companies.
• The C-295MW is a transport aircraft of 5-10 tonne capacity with contemporary technology.
• The aircraft has a maximum speed of 480 kmph.
• It can also operate on short unprepared airstrips as it is capable of Short Take-off and Landing (STOL).

CURRENT AFFAIRS: STATE NEWS

Gujarat celebrates new year or ‘Bestu Varsh’

• Gujarati New Year, Vikram Sanvat 2079, or Bestu Varsh was celebrated with traditional zeal and fervor by the Gujarati community across the globe.
• It is celebrated as part of the five-day Diwali Celebrations.
• The Gujarati New Year falls on Shukla Paksha Pratipada of the Kartik month.
• Homes are decorated with Asopalav torans and marigold flowers, and an attractive Rangoli at the entrance to welcome guests on the new year.

About Gujarat :

• Governor: Acharya Devvrat
• Chief minister: Bhupendrabhai Patel
• Capital: Gandhinagar
• National Park: Vansda National Park, Gir National Park, Marine National Park, Velavadar National Park
• Wildlife Sanctuaries: Jambughoda Wildlife Sanctuary, Barda Wildlife Sanctuary, Shoolpaneshwar Wildlife Sanctuary

Uttar Pradesh’s 2nd elephant reserve to come up in Kheri

• The Union ministry of environment, forest and climate change (MoEFCC) has given its nod to set up Terai Elephant Reserve (TER) under Project Elephant in the Lakhimpur Kheri district of Uttar Pradesh (UP).
• The TER is situated on the Nepal India Border.
• The TER would be the 33rd elephant reserve overall in India and the 2nd ER in Uttar Pradesh
• The proposal for it was drafted by Dudhwa Tiger Reserve (DTR) authorities in April 2022.
• The first elephant reserve in Uttar Pradesh was notified in Shivalik in Saharanpur and Bijnor districts in

About TER :

• The TER would be set up in an area of 3,049.39 square kilometres comprising forest areas of Pilibhit Tiger Reserve (PTR), Dudhwa National Park (DNP), Kishanpur Wildlife Sanctuary (KWS), Katarniaghat Wildlife Sanctuary (KGWS), Dudhwa buffer zone and parts of south Kheri forest division.
• With the TER coming into existence, Dudhwa Tiger Reserve (DTR) will earn the credit of protecting and conserving four iconic wild species- tigers, one-horned rhinos, Asian elephants, and swamp deer.
• The DTR has attracted wild elephants for decades through various domestic and trans-border corridors, including Basanta-Dudhwa, Laljhadi (Nepal)-Sathiyana, and the Shuklafanta (Nepal)-Dhaka-Pilibhit-Dudhwa buffer zone corridor.
• While tiger conservation is based on the concept of the protected area, elephants’ conservation envisages landscape-related ecology.

About MoEFCC :

• Cabinet Minister: Bhupender Yadav
• Minister of State: Ashwini Kumar Choubey

Meghalaya signs MoU with Credit Guarantee Fund Trust to facilitate the flow of credit to MSME borrowers

• The Meghalaya government signed a Memorandum of Understanding (MoU) with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGFTMSE) to help facilitate the flow of credit to Micro, Small, and Medium Enterprises (MSME) borrowers.
• The MoU between the state Finance department and the CGTMSE under the Ministry of MSME was signed to implement the ‘Meghalaya Credit Guarantee Scheme’.

Objective :

• To encourage and promote entrepreneurship in Meghalaya.
• The MoU will strengthen the credit delivery system and facilitate the flow of credit to the MSE sector.

Key Highlights :

• To overcome this major challenge, the launching of the MCGS increases the coverage guarantee to a maximum of 95% and will minimize the risk and encourage collateral-free lending by the member lending institutions.
• Through this mechanism, the state government is leveraging the existing CGTMSE scheme of the Government of India.
• With a contribution of Rs 5 crore, a portfolio of Rs 250 crore would be created
• Considering the average loan size of Rs 1 lakh, more than 25,000 units would be supported through this state government intervention
• The MCGS will commence tentatively from November 1, 2022, & will continue till the portfolio reaches a level commensurate with the contribution of the state government
• The total corpus commitment towards the proposed MCGS will be increased taking into account the initial performance of the scheme with a corpus of Rs 5 crore.

About Meghalaya :

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

J&K: LG Shri Manoj Sinha inaugurates 3-week long cultural festival Jashn-e-Kashmir

• Jammu and Kashmir, Lieutenant Governor Shri Manoj Sinha inaugurated a three-week-long cultural festival  “Jashn-e-Kashmir”- New Kashmir New Hope, celebrating tradition, culture, and heritage at Srinagar.
• The Cultural Festival is being organized by the All J&K Folk Artists Association, Shah Qalander Folk Theatre, in collaboration with the J&K Academy of Art, Culture & Languages and the Office of Divisional Commissioner Kashmir.
• Schemes like ‘Guru Shishya Parampara’ to pass on the valued traditions of Jammu Kashmir to the coming generations; preservation of folklore, UT writers camp, national theatre festivals, inter-state cultural exchange programs, international visits and cultural events in far-flung areas will strengthen our traditional cultural richness,

About J&K :

• Lieutenant Governor: Manoj Sinha
• Capital: Srinagar, Jammu
• National Park: Kishtwar High Altitude National Park, Kazinag National Park, Dachigam National Park
• Wildlife Sanctuaries: Ramnagar Wildlife Sanctuary, Gulmarg Wildlife Sanctuary

Kerala tourism department launches ‘women-friendly tourism’ project

• The Kerala govt has launched a ‘women-friendly tourism’ project, an initiative of the State Responsible Tourism Mission (RT Mission).

Aim: 

• To establish women-friendly tourism centres and empower women
• The project will be implemented to encourage the participation of women in all tourism activities and attract more women tourists to Kerala
• Tourism Minister Shri Mohamed Riyas also inaugurated a one-day workshop organized as part of the project.

Key Highlights :

• Under the project, it will create a network of women’s units and tourism centres manned by women.
• The project will also ensure that tourism destinations in the State are fulfilling the needs of women tourists.
• Training will be provided to selected women to work as tour coordinators, storytellers, etc.

MoU between UN Women India and Kerala RT Mission :

• UN Women will sign a memorandum of understanding with the RT Mission for gender-inclusive tourism.
• As part of the initiative, the Mission will provide training to women at different levels to work as community tour leaders, storytellers, homestay operators, taxi operators, etc.

About Kerala :

• Governor: Arif Mohammad Khan
• Chief minister: Pinarayi Vijayan
• Capital: Thiruvananthapuram
• Wildlife Sanctuaries: Chinnar Wildlife Sanctuary, Kumarakom Bird Sanctuary, Periyar Wildlife Sanctuary, Parambikulam Wildlife Sanctuary
• National Park: Eravikulam National Park, Silent Valley National Park
• Dance: Kathakali, Mohiniattam, Chakyar Koothu

Gujarat achieves 100% household tap connections under Jal Jeevan Mission

• The Gujarat government has achieved 100% tap water connections in rural areas under the Jal Jeevan Mission (JJM).
• In Gujarat, a total of73 lakh households in rural areas are provided water through tap connections under the mission.
• Apart from Gujarat, Haryana, Goa, Telangana, Dadra and Nagar Haveli, Daman and Diu, Puducherry, Andaman, and Nicobar Island have achieved 100% tap water in households as part of Centre’s Jal Jeevan Scheme.
• Uttar Pradesh ranks at the bottom among states with only 41% tap water connections.

About JJM :

• JJM was Launched by Prime Minister Shri Narendra Modi in 2019.
• It comes under Jal Shakti Ministry.

Target :

• To make available 55 litres of water per person every day to each rural household through household tap connections by 2024.
• The motto of the Jal Jeevan Mission is ‘no one is left out.
• JJM focuses on water service delivery and not just building water supply infrastructure.

About Ministry of Jal Shakti :

• Cabinet Minister : Gajendra Singh Shekhawat
• Minister of state : Prahlad Singh Patel, Bishweswar Tudu

CURRENT AFFAIRS: BANKING & FINANCE

Healthysure and ManipalCigna Health partner to launch Flexi top-up insurance

• Employee benefits insurance technology Healthysure has partnered ManipalCigna Health Insurance to launch India’s first Flexi top-up insurance which allows employees to personalize and upgrade their corporate health insurance plans.

About the first Flexi top-up insurance :

• Flexi-top-up is powered by Healthysure’s technology platform through which a policy is issued digitally within 30 seconds of making a purchase.
• This policy does not require any extra loading premium for pre-existing diseases, nor does it have a co-payment clause.
• By paying a nominal add-on premium, employees can upgrade their cover, which can even be continued in a personal capacity post-employment. 

About Healthysure :

• Founded: 2021
• Headquarters: Mumbai, Maharashtra
• Founder & CEO : Anuj Parekh

About ManipalCigna Health Insurance Company Ltd :

• Founded: 2012
• Headquarters: Mumbai, Maharashtra
• MD & CEO : Prasun Sikdar

Tata AIA Life partners with Medix to offer specialized critical illness cover

• Tata AIA Life Insurance Company Limited (Tata AIA) has tied up with Medix, a global company in medical management solutions, to offer consumers access to a local and global network of accredited medical specialists during serious illnesses.
• This service is complimentary for policyholders who have purchased eligible life insurance products across the term, savings, and pension plans.

Key Highlights :

• This alliance would offer a Personal Medical Care Management facility in India, bringing world-class, healthcare advice to consumers.
• This will include a reassessment of the medical case, diagnosis thereof, and tailoring an optimized treatment plan with quality care including referrals to leading local specialists and coordination of care.
• Through this service, Tata AIA’s consumers can track, manage, communicate with dedicated medical teams, and receive updates on their medical journey, ensuring quality-driven continuity of care.
• According to a study by Harvard University, 5.2 million medical errors occur every year in India. 
• Cancer (38%), Vascular events (29%) & Infectious diseases (13%) account for 80% of these errors.

About Tata AIA :

• Founded: 23 August 2000
• Headquarters: Mumbai, Maharashtra
• MD & CEO : Naveen Tahilyani
• Tata AIA Life Insurance is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA).

About Medix :

• President and CEO : Ms. Sigal Atzmon

BSE completes India’s first successful EGR transaction

• Leading stock exchange BSE Limited has completed India’s first successful creation, transaction, and settlement of electronic gold receipts (EGRs).
• EGRs are electronic receipts issued based on a deposit of physical gold.
• This would pave the way for the operationalization of a gold exchange in

Key Highlights :

• According to the platform, the first transaction that took place on 24 October 2022 during the Muhurat Trading session, was successfully settled on T+1 day, as investors benefited from access to liquidity using the newly created EGRs.
• During Muhurat trading, BSE launched two new EGR products of 995 and 999 purity, and trading will be in multiples of 1 gram and deliveries in multiples of 10 grams and 100 grams.
• In September 2022, BSE received final approval from the capital markets regulator Securities and Exchange Board of India (SEBI) for introducing the EGR segment on its platform.

About BSE :

• Founded: 9 July 1875
• Headquarters: Mumbai, Maharashtra
• Chairman: Just. SS Mundra
• The Bombay Stock Exchange (BSE), is an Indian stock exchange and is the leading stock exchange under the ownership of the Ministry of Finance, GoI.

BSE Technologies launches of KYC Registration Agency

• BSE Technologies Pvt Ltd, a subsidiary of the Bombay Stock Exchange (BSE), launched the Know Your Customer Registration Agency (KYC KRA), which maintains KYC records of investors in an electronic form. 
• KRA is a SEBI-regulated intermediary that grants the market participants authorization for investors’ Know Your Client (KYC), which is mandatory for investment in the securities market.
• In April 2022 SEBI issued fresh guidelines for KRAs whereby such agencies will have to independently validate the KYC records of all clients from July 1, 2022.
• Under the guidelines, KRAs need to independently validate records of those clients (existing as well as new) whose KYC has been completed using Aadhaar as an Officially Valid Document (OVD).
• The move came after Sebi, in January 2022 notified new norms to make KRAs responsible for carrying out independent validation of the KYC records uploaded on their system by Registered Intermediaries.

SEBI clears govt proposal to turn Vodafone Idea dues into equity

• India’s capital market regulator Securities and Exchange Board of India (SEBI) approved the government’s proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea to equity.
• Among India’s 3 major telecom players, including Bharti Airtel and Reliance Industries’ Jio, the government package was seen as a bailout for Vodafone Idea, which was on the verge of bankruptcy.
• The government’s stake in Vodafone after the conversion could be more than 30%, the official added, which would make it one of the largest shareholders in the company along with UK’s Vodafone Group and Aditya Birla Group.

About SEBI :

• Established: on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992
• Headquarters: Mumbai, Maharashtra
• Chairman: Madhabi Puri Buch
• SEBI is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance within the GoI.

Infibeam Avenues gets RBI in-principle nod for payment aggregator license

• Infibeam Avenues Limited (IAL), which operates CCAvenue, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA).
• The move will enable its flagship brand, CCAvenue, to scale offerings and help onboard a greater number of micro-entrepreneurs onto its fold.
• The approval will also allow Infibeam to further expand its reach in multiple business segments across both online and offline arenas
• Of these, players such as Razorpay, Mswipe, Pine Labs, Stripe, and Cashfree Payments have already received an in-principle nod for the license.
• The startup’s core payment gateway business claims to offer more than 200 cross-border payment options enabling payment processing in 27 international currencies across the globe.

About IAL :

• Founded: 2007
• Headquarters: Gandhinagar, Gujarat
• MD & Founder: Vishal Mehta
• The startup provides end-to-end eCommerce payment solutions to enterprises and retailers.
• It also provides marketplace software technology to large enterprises and institutions, including state-backed Government eMarketplace (GeM) and

CURRENT AFFAIRS: BUSINESS NEWS

RIL is the first Indian business to publish an earnings call on Metaverse:

• The events of Reliance Industries Limited’s (RIL) Q2 FY 2022–2023 earnings call were posted on the metaverse.
• A company has used the metaverse to interact with its stakeholders for the first time in the history of corporate India.
• In collaboration with GMetri, a no-code metaverse creation platform, the RIL metaverse was created.
• It can be accessed without wearing AR/VR headgear.
• It allows analysts following the company around the world to switch between slides and graphics displayed on various screens by the various buckets in the presentation of the results.
• Additionally, they can download the RIL Q2 22–23 media release and the media and analyst call transcript in PDF formats.
• The RIL metaverse also includes a special section with quotes from Mukesh Ambani, the company’s chairman, and managing director.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Govt appoints spiritual leader Mata Amritanandamayi Devi as C20 chairperson

• Spiritual leader Mata Amritanandamayi Devi (Amma) has been appointed the Chair of the country’s Civil 20 (C20), an official engagement group of the Group of 20 (G20), by the union government.
• The G20 is the premier inter-governmental forum for the world’s developed and emerging economies to address financial stability on a global basis. 
• The C20 is its platform for civil society organizations (CSOs) to bring forth non-government and non-business voices to the G20 leaders
• India will assume the Presidency of the G20 for 1 year from December 1, 2022, to November 30, 2023. 

About G20 :

• The G20 consists of 19 countries plus the European Union, and India has been a member since its inception in 1999.
• Overall, the G20 accounts for about 80% of gross world product (GWP), 59-77% of international trade, two-thirds of the world’s population, and roughly half of its land area.

About Mātā Amritānandamayī Devī :

• Mātā Amritānandamayī Devī is an Indian Hindu spiritual leader, guru, and humanitarian, who is revered as ‘the hugging saint’ by her followers.
• In 2018, she was felicitated by Indian Prime Minister Narendra Modi for the largest contribution to the Government of India’s Clean India Campaign Swachh Bharat Mission. 

Award & Honors :

• She was the first recipient of Vishwaratna Puraskar (Gem of the World Award) by the Hindu Parliament.

CURRENT AFFAIRS: DEFENCE NEWS

12th edition of DefExpo to be held in Gandhinagar, Gujarat

• The 12th edition of the prestigious Biennial Defence Exhibition – DefExpo 2022 – India’s flagship exhibition on Land, Naval, and Homeland Security systems held in Gandhinagar, Gujarat, to give impetus to the defence sector.
• The event has been organized on the theme ‘Path to Pride’.

Key Highlights :

• The DefExpo 2022 will also mark the celebration of 1 year of the formation of the 7 new defence companies, carved out of the erstwhile Ordnance Factory Board.
• All these companies will be participating for the first time at DefExpo.
• DefExpo 2022 is in line with the vision of Prime Minister Shri Narendra Modi to achieve self-reliance in defence and achieve export of $5 billion by 2025.
• The event has been organized in 3 venue formats:

1. Helipad Exhibition Centre – Venue for the exhibition
2. Mahatma Mandir Convention and Exhibition Centre – Venue for the inaugural event and seminars
3. Sabarmati Riverfront – Live demo

• For the first time, states/Union Territories have been invited to set up pavilions at the event.
• The first-ever ‘Invest for Defence’, from the Ministry of Defence, targeted to promote investment in the defence sector in India will also be held at the expo.
• The exhibition will host the second edition of the India-Africa Defence Dialogue, in which several defence ministers from African countries are expected to participate.
• A separate Indian Ocean Region plus conclave has also been planned.

About MoD :

• Union Minister: Rajnath Singh
• Minister of State: Ajay Bhatt
• Defence Secretary: Dr. Ajay Kumar

IAF, French air force participate in bilateral exercise – Garuda VII in Rajasthan

• Indian Air Force (IAF) and French Air and Space Force (FASF) are participating in a bilateral exercise, named ‘Garuda VIl’, from 26 October to 12 November 2022 at Air Force Station Jodhpur, Rajasthan.
• It is the seventh edition of the bilateral exercise, being hosted by India for the fourth time so far.
• This joint exercise will provide a platform for both countries to enhance operational capability and interoperability, while also sharing best practices

Participants of the exercise :

• FASF will participate with 4 Rafale fighter aircraft, one A-330 Multi Role Tanker Transport (MRTT) aircraft, and a contingent of 220 personnel.
• The IAF is participating with Su-30 Modernized Commercial Indian (MKI) Jets, Rafale, Light Combat Aircraft (LCA) Tejas, and Jaguar fighter aircraft, as well as the Light Combat Helicopter (LCH) and Mi-17 helicopters. 
• The IAF contingent will also include Combat Enabling Assets like Flight Refuelling Aircraft, Airborne Warning & Control Systems (AWACS), and Airborne Early Warning & Control (AEW&C).

Key Highlights :

• The 1st, 3rd, and 5th editions were conducted in India in 2003, 2006, and 2014 at Air Force Stations Gwalior, Kalaikunda, and Jodhpur, respectively. 
• The 2nd, 4th and 6th editions were conducted in France in 2005, 2010, and
• In August 2022 FASF contingent, including three Rafale jets, made a strategically crucial stopover at the IAF’s Sulur base in Tamil Nadu as part of a mega military operation it carried out in the Pacific Ocean.

DefExpo 2022 witnessed 451 MoUs, ToT agreements & product launches

• 451 Memoranda of Understanding, Transfer of Technology agreements, and product launches took place during the Bandhan ceremony of the 12th DefExpo in Gandhinagar, Gujarat
• Of the 451, there were 345 MoUs, 42 Major Announcements, 46 Product Launches, and 18 ToTs
• It envisages investment worth Rs 1.5 lakh crore.
• Indian Air Force and Hindustan Aeronautics Limited concluded a contract for 70 HTT-40 indigenous trainer aircraft worth Rs 6,800 crore

CURRENT AFFAIRS: SPORTS NEWS

Akanksha Vyavahare establishes three new national records at the Khelo India weightlifting competition:

• Akanksha Vyavahare, a weightlifter from Maharashtra, set three new national records in the 40kg weight category at the Khelo India National Ranking Women’s Weightlifting Tournament.
• Akanksha Vyavahare participated in the Target Olympics Podium Scheme as well, setting records in snatch, clean and jerk, and total.
• Akanksha beat her previous national snatch record by lifting 60kg.
• She lifted 71 kg in the clean jerk, giving her a total lift of 131 kg.
• Mirabai Chanu, a Tokyo Olympics silver medalist, presided over the opening ceremony of the Khelo India National Ranking Women’s Weightlifting Tournament.
• Mirabai Chanu of Himachal Pradesh won the gold medal in Phase 1 of the Khelo India Weightlifting Tournament.

Satwiksairaj Rankireddy and Chirag Shetty win French Open men’s doubles title:

• In Badminton, the Indian pair of Satwiksairaj Rankireddy and Chirag Shetty bagged the biggest title of their career, claiming the French Open Super 750 crown with a straight-game decimation of Chinese Taipei’s Lu Ching Yao and Yang Po Han in the men’s doubles final in Paris.
• The world number 8 pair, defeated Lu and Yang, ranked 25th, 21-13, 21-19.
• They became the first Indian men’s doubles pair to win the French Open title.
• In the Men’s Singles, the reigning world and Olympic champion Viktor Axelsen clinched the title.
• World No.1 Viktor Axelsen defeated his compatriot Rasmus Gemke 21-14, 21-15.
• With this win, Axelsen became the most successful player on the men’s world tour, overtaking Japan’s Kento Momota with 16 wins in 21 finals compared to Momota’s 15 from 21.

CURRENT AFFAIRS: OBITUARIES

Assam’s noted artist Neel Pawan Baruah passes away

• An eminent artist from Assam, Neel Pawan Baruah passed away at the age of 86 in Gauhati Medical College & Hospital, Assam.

About Neel Pawan Baruah :

• Baruah was born in 1936 in the Jorhat district, Assam.
• He was a prominent painter and illustrator, who founded the Assam Fine Arts & Craft Society at Guwahati in 1971 to revive the art of Brindabanivastra, a famous textile painting associated with Mahapurush Srimanta Sankardev.
• He had created a unique style by sketching art on match and cigarette boxes, displayed at various exhibitions.

Awards & Honors :

• In 2021, the Assam government conferred him with Assam Saurav Award, the state’s second-highest award.

Daily CA on November 1:

• Every year, World Vegan Day is celebrated on November 1.
• The foreign minister announced that India will contribute half a million dollars to the UN’s efforts to combat international terrorism when new and developing technologies used by terrorist organizations are posing fresh threats to governments worldwide.
• The second Rashtriya Adarsh Veda Vidyalaya (RAVV) in India was opened by the Union Minister of Education Dharmendra Pradhan in Puri.
• The Union government plans to launch the second phase of a dedicated program to develop solar parks across the country that will aim to plug loopholes and overcome slow progress.
• Prime Minister Shri Narendra Modi laid the foundation stone of the C-295 transport aircraft manufacturing plant, in Vadodara, Gujarat.
• The events of Reliance Industries Limited’s (RIL) Q2 FY 2022–2023 earnings call were posted on the metaverse.
• Akanksha Vyavahare, a weightlifter from Maharashtra, set three new national records in the 40kg weight category at the Khelo India National Ranking Women’s Weightlifting Tournament.

• In Badminton, the Indian pair of Satwiksairaj Rankireddy and Chirag Shetty bagged the biggest title of their career, claiming the French Open Super 750 crown with a straight-game decimation of Chinese Taipei’s Lu Ching Yao and Yang Po Han in the men’s doubles final in Paris.

• Gujarati New Year, Vikram Sanvat 2079, or Bestu Varsh was celebrated with traditional zeal and fervor by the Gujarati community across the globe.
• The Union ministry of environment, forest and climate change (MoEFCC) has given its nod to set up Terai Elephant Reserve (TER) under Project Elephant in the Lakhimpur Kheri district of Uttar Pradesh (UP).
• The Meghalaya government signed a Memorandum of Understanding (MoU) with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGFTMSE) to help facilitate the flow of credit to Micro, Small, and Medium Enterprises (MSME) borrowers.
• Jammu and Kashmir, Lieutenant Governor Shri Manoj Sinha inaugurated a three-week-long cultural festival  “Jashn-e-Kashmir”- New Kashmir New Hope, celebrating tradition, culture, and heritage at Srinagar.
• The Kerala govt has launched a ‘women-friendly tourism’ project, an initiative of the State Responsible Tourism Mission (RT Mission).
• The Gujarat government has achieved 100% tap water connections in rural areas under the Jal Jeevan Mission (JJM).
• Employee benefits insurance technology Healthysure has partnered ManipalCigna Health Insurance to launch India’s first Flexi top-up insurance which allows employees to personalize and upgrade their corporate health insurance plans.
• Tata AIA Life Insurance Company Limited (Tata AIA) has tied up with Medix, a global company in medical management solutions, to offer consumers access to a local and global network of accredited medical specialists during serious illnesses.
• Leading stock exchange BSE Limited has completed India’s first successful creation, transaction, and settlement of electronic gold receipts (EGRs).
• BSE Technologies Pvt Ltd, a subsidiary of the Bombay Stock Exchange (BSE), launched the Know Your Customer Registration Agency (KYC KRA), which maintains KYC records of investors in an electronic form. 
• India’s capital market regulator Securities and Exchange Board of India (SEBI) approved the government’s proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea to equity.
• Infibeam Avenues Limited (IAL), which operates CCAvenue, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA).
• Spiritual leader Mata Amritanandamayi Devi (Amma) has been appointed the Chair of the country’s Civil 20 (C20), an official engagement group of the Group of 20 (G20), by the union government.
• The 12th edition of the prestigious Biennial Defence Exhibition – DefExpo 2022 – India’s flagship exhibition on Land, Naval, and Homeland Security systems held in Gandhinagar, Gujarat, to give impetus to the defense sector.
• Indian Air Force (IAF) and French Air and Space Force (FASF) are participating in a bilateral exercise, named ‘Garuda VIl’, from 26 October to 12 November 2022 at Air Force Station Jodhpur, Rajasthan.
• 451 Memoranda of Understanding, Transfer of Technology agreements, and product launches took place during the Bandhan ceremony of the 12th DefExpo in Gandhinagar, Gujarat
• An eminent artist from Assam, Neel Pawan Baruah passed away at the age of 86 in Gauhati Medical College & Hospital, Assam.