November 03, 2019

National

  1. University of Birmingham gets Guru Nanak Chair
  • Hardeep Singh Puri, Union Minister for Housing and Urban Affairs, has inaugurated a new Guru Nanak Chair at the University of Birmingham.
  • This chair will enable research around the teachings of the founder of the Sikh religion.
  • He delivered a lecture on the Contemporary Relevance of Guru Nanak’s Teachings and launched a chair to mark the 550th Birth Anniversary of Guru Nanak.
  1. CIL sets target to produce 750 million tonnes of by next financial year
  • Coal India Limited (CIL) has set its target to produce 750 million tonnes of coal by the Financial Year 2020-21 and further produce one billion tonnes of coal in the FY 2023-24.
  • The announcement was made by the Minister of Coal & Mines, Pralhad Joshi, at the 45th Foundation Day of CIL held in Kolkata on 1 November.
  • CIL is currently given the target of producing 660 million tonnes of coal, which amounts to 82% of the total coal output of India.

State

  1. Jammu and Kashmir High Court bar association on indefinite strike
  • The bar association went on an indefinite strike to protest against the decision to divest the judicial courts of its powers to register various documents vest the same with the revenue department.
  • This decision was taken in a meeting called under the chairmanship of Abhinav Sharma, head of the Jammu and Kashmir Bar Association.
  • Announcing the strike, bar association warned the government that this movement would continue till the demands were met.
  1. VP Naidu inaugurated the 21st North East Book Fair in Guwahati
  • Vice President M. Venkaiah Naidu inaugurated the 21st North East Book Fair in Guwahati, Assam on 1 November, in the presence of Assam Governor Jagdish Mukhi, Chief Minister Sarbananda Sonowal.
  • The book fair aims to help in creating intelligent, resourceful, and compassionate minds.
  • Organized by: The book fair was organized by Assam Publishers and Book Sellers Association.
  • It witnessed the participation of around 76 publishers.
  1. PM Modi to visit Thailand from 2 to 4 November
  • Prime Minister Narendra Modi has embarked on a two-day state visit to Thailand from 2 to 4 November 2019.
  • He is visiting Bangkok at the invitation of Thai Prime Minister Prayut Chan-o-cha.

Agenda:

♦ PM Modi will hold meetings with the world leaders to discuss important bilateral and global issues.

♦ During his visit, he will attend the 16th ASEAN-India summit, 14th East Asia Summit, and 3rd Regional Comprehensive Economic Partnership (RCEP) summit and related events.

Banking & Finance

  1. Employees can now generate UAN online
  • Employees’ Provident Fund Organization (EPFO) has launched a new feature that allows workers to generate universal Provident Fund account number on-line.
  • EPFO has developed a new internet-based system for employees of the formal sector to get registered on its digital platform.
  • On the occasion of 67th Foundation Day, a Digi-Locker system has also launched. About over 65 lakh EPFO pensioners will be benefitted with this service.
  1. Customs, GST relief to give Rs.60,000 crore boost to defence
  • Union Minister of Defence Rajnath Singh said that the defence budget would be augmented by more than Rs.60,000 crore over the next five years.
  • The estimation is because the MoD is to be exempted from the customs duty and goods and services tax (GST), which began on 1 October 2019.
  1. GeM signed MoU with Indian Bank and Canara Bank
  • Government e-Marketplace (GeM) signed MoU with Indian Bank and Canara Bank for payment-related services.
  • About the MoU: The MoU will provide a paperless, cashless, and transparent payment system on the GeM portal. The agreement will create an efficient procurement system for government entities.
  • The MoU will provide both the banks an opportunity to offer an array of services, including fund transfer through GeM Pool Accounts (GPA), advising of Performance Bank Guarantees (e-PBG),

Business & Economy

  1. Trai mandates minimum call ringer duration of 30 seconds
  • The Telecom Regulatory Authority of India (TRAI) has fixed call ring time at 30 seconds for mobile phones and 60 seconds for landline phones, in case the call is neither answered nor rejected by the subscriber.
  • The time duration of alert for an incoming voice call, which is neither answered nor rejected by the called party, shall be thirty seconds for cellular mobile telephone service and sixty seconds for basic telephone service.
  • The typical ring time in mobile networks is between 30-45 seconds, while it ranges between 60 and 120 seconds for landline networks.

Appointment & Resignation

  1. Sumant Kathpalia to be MD, CEO of IndusInd Bank
  • Sumant Kathpalia has been selected by the private sector lender IndusInd Bank as the new MD & CEO of the bank.
  • Kathpalia is currently serving as the head of consumer loans at the Hindujas-promoted lender.
  • Kathpalia will succeed Romesh Sobti, the current MD & CEO of the bank. Sobti will be retiring in March 2020.
  • He will be appointed after the approval of the Reserve Bank of India (RBI). His name has been forwarded to RBI for approval.

Award & Honors

  1. Rajinikanth to get Special Icon award at IFFI
  • Rajinikanth is going to get a big honour ‘Icon of Golden Jubilee’ at the 50th International Film Festival of India to be held in Goa.
  • Rajinikanth will be awarded this award for his outstanding contribution to cinema.
  • Information and Broadcasting Minister Prakash Javadekar announced information about this honour to Rajinikanth. Every year awards are given to the different people for their special contribution to the film world in this film festival.

Science, Space & Technology

  1. Chandrayaan-2 Orbiter Payload Detects Argon-40
  • Chandrayaan-2 Orbiter payload Chandra’s Atmospheric Composition Explorer-2 (CHACE-2) has detected Argon-40.
  • Argon-40 is an isotope of the noble gas Argon and an important constituent of the lunar exosphere.
  • ISRO said in a statement that Argon-40 originates from the radioactive disintegration of Potassium-40 which has a half-life of 1.2 X 109 years.
  1. IIT Delhi to Set up Space Technology Cell in Collaboration with ISRO
  • The Indian Institute of Technology (IIT) is going to set up a space technology cell in collaboration with the Indian Space Research Organisation (ISRO).
  • IISc Bangalore, IIT Bombay, IIT Kanpur, IIT Kharagpur, IIT Madras, IIT Guwahati and IIT Roorkee where the Space Technology Cells (STCs) have been set up to play a major role in taking up the space technology research and applications to the newer heights.
February 2, 2020

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