Daily Current Affairs: 23rd November 2023
Daily Current Affairs: 23rd November 2023
Daily Current Affairs: 23rd November 2023
Madhya Pradesh Records the Lowest Daily Wages for Rural Agricultural Workers -
RBI Data Compilation
According to the data compiled by Reserve bank of India (RBI), the daily wages of
rural agricultural workers in Madhya Pradesh are the lowest in the country.
Key Highlights :
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Daily Current Affairs
23rd November 2023
Established : 1966
Headquarters : Manila, Philippines
President : Masatsugu Asakawa
Membership : 68 members, including 49 regional members (countries in Asia and the
Pacific) and 19 non-regional members (countries outside the region)
About GEF :
CEO : Carlos Manuel Rodriguez
The Global Environment Facility is a multilateral environmental fund that provides
grants and blended finance for projects related to biodiversity, climate change,
international waters, land degradation.
State Bank of India (SBI) Unveils the Financial Results for July-September Quarter
India's largest commercial bank, State Bank of India
(SBI) released its July-September quarter results.
Net Profit: SBI recorded an 8% year-on-year increase in
net profit, rising from ₹13,264.5 crore in Q2FY23 to
₹14,330 crore.
Net Interest Income (NII): The bank's NII witnessed a
substantial growth of 12.3% compared to the same
period last year, reaching ₹39,500 crore.
Additionally, there was a 21.6% growth in other sources
of income, bringing it to ₹10,790 crore.
Gross Non-Performing Assets (GNPA): SBI's GNPA
showed improvement, declining by 97 basis points year-
on-year to 2.55%.
Net Non-Performing Assets (NNPA): The Net NPA
improved by 16 basis points to 0.64%.
Key Highlights :
During the quarter ending September 2023, the
Provision Coverage Ratio (PCR) stood at 75.45%,
down 248 bps YoY.
Slippage Ratio for Q2FY24 increased by 13 bps YoY
and stood at 0.46% while for H1 it improved by 16 bps
YoY and stood at 0.70%.
Credit cost of SBI improved by 6 bps YoY to 0.22% during the period under review.
The Capital Adequacy Ratio (CAR) at the end of Q2FY24 improved by 77 bps YoY
and stood at 14.28%.
During the quarter ending September 2023, the credit growth of the State Bank of India
jumped 12.39% YoY, while the domestic advances grew 13.21% YoY.
Good growth in SME Advances (22.75%) and Retail Personal Advances (15.68%)
pushed the growth of domestic advances.
About SBI :
Established : 1 July 1955
Headquarters : Mumbai, Maharashtra, India
Chairman : Dinesh Kumar Khara
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Daily Current Affairs
23rd November 2023
NATIONAL NEWS
CCRAS launches Ayurveda Gyan Naipunya Initiative for physicians practising in
Ayurveda
The Central Council for Research in Ayurveda Sciences (CCRAS) under the
Ministry of Ayush launched the Ayurveda Gyan Naipunya Initiative (AGNI) for
physicians practising in the field of Ayurveda in New Delhi.
The initiative aims to promote research
for mainstreaming pragmatic Ayurveda
practices through scientific validation
and evidence-based appraisal.
The Ministry of Ayush, that interested
Ayurveda Practitioners can email
their interest to
ccrasagni@gmail.com till 15th
December.
Addressing the event, the Director General of CCRAS Prof Rabinarayanan Acharya said
that this initiative will provide a platform for Ayurveda practitioners to report their
innovative practices and experiences in various disease conditions.
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Daily Current Affairs
23rd November 2023
The initiative also aims to undertake research for mainstreaming pragmatic practices
through scientific validation and evidence-based appraisal.
HP, Dell and Lenovo among 27 firms granted approval to manufacture tech hardware
in India under the incentive scheme
The Indian government has approved investments by 27
companies including Dell, HP and Foxconn under its $2
billion incentive scheme to manufacture IT hardware
domestically.
Information technology minister Ashwini Vaishnaw said the
companies are expected to invest 30 billion Indian rupees
($360 million) collectively while creating 50,000 jobs in the
sector.
Union Cabinet led by Prime Minister Shri Narendra Modi
had approved PLI Scheme – 2.0 for IT hardware.
This scheme covers laptops, tablets, all-in-one PCs, Servers
and Ultra Small Form Factor devices
Approvals have also been granted to domestic
manufacturers including Dixon Technologies and VVDN.
The scheme is key to India's ambitions to become a
powerhouse in the global electronics supply chain, with the
country targeting an annual output worth $300 billion by
2026.
The PLI Scheme for IT Hardware, introduced by Prime
Minister Narendra Modi and notified on May 29, 2023, with a
budgetary outlay of ₹17,000 crores, aims to enhance the IT hardware manufacturing
ecosystem in the country.
World Coal Association rebrands as FutureCoal, seeks tech intervention for reliable,
affordable energy
Thirty-eight years into existence, the World Coal Association (WCA) has renamed
itself FutureCoal- The Global Alliance
for Sustainable Coal as part of its
transformative branding.
FutureCoal Global Alliance describes
itself as the world’s only multi-lateral,
neutral and progressive organisation
representing the entire coal value chain
which is dedicated to raising
awareness of the significant total
contribution of coal.
Unveiling the new brand logo and
identity at a press conference in New
Delhi, FutureCoal's Chief Executive
Officer Michelle Manook said that the change responded to a call from coal and allied
sectors to modernise and unite under a common purpose.
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Daily Current Affairs
23rd November 2023
FutureCoal Global Alliance describes itself as the world’s only multi-lateral, neutral
and progressive organisation representing the entire coal value chain which is dedicated
to raising awareness of the significant total contribution of coal.
Unveiling the new brand logo and identity at a press conference in New Delhi,
FutureCoal's Chief Executive Officer Michelle Manook said that the change responded
to a call from coal and allied sectors to modernise and unite under a common purpose.
SCS will have three components - pre-combustion which includes abatement
opportunities such as the adoption of efficient mining process, digitalisation, and waste
management among others.
About The World Coal Association
The World Coal Association is an international non-profit, non-governmental association
based in London, United Kingdom. It was created to represent the global coal industry.
The association was formerly called the World Coal Institute but changed its name in
November 2010.
FutureCoal CEO – Michelle Manook
Union Government Will Announce a New Policy For Foreign Production Houses
The Union Minister of Information
and Broadcasting Anurag, the
International Film Festival of India
(IFFI) in Goa on that the
government is going to announce
a new filmmaking policy.
Union Minister for Information &
Broadcasting and Youth Affairs &
Sports Shri Anurag Singh Thakur
said that India will increase the
incentive for foreign film
production in the country to 40 %
of the expenses incurred with an increased cap limit of Rs.30 crore (exceeding 3.5
million US Dollars).
Earlier, the per project cap for the incentives only Rs 2.5 Crore.
An additio nal 5% percent bonus for Significant Indian Content (SIC), in his inaugural
address at the 54th International Film Festival of India at Panaji, Goa.
Further, in a glorious tribute to the legendary actress Madhuri Dixit, the 54th
International Film Festival of India honoured her with 'Special Recognition for
Contribution to Bharatiya Cinema' Award.
KeY Highlights
The Union Minister also announced a recruitment drive for the young minds who were
selected in the '75 Creative Minds of Tomorrow,' opening up doors to limitless
opportunities for their blossoming talents and career trajectories.
The '75 Creative Minds of Tomorrow,' now in its 3rd edition, was born in 2021 from the
Prime Minister's vision to provide the youth with a platform to showcase their creative
expression through the medium of cinema.
The Minister also announced a new category of awards - Best Web Series (OTT)
Category - being introduced in this edition of IFFI.
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Daily Current Affairs
23rd November 2023
Shri Anurag Singh Thakur congratulated Hollywood Actor/Producer Michael Douglas for
having been conferred with the prestigious Satyajit Ray Lifetime Achievement Award for
2023. He also extended heartfelt gratitude to the esteemed Jury of the International
Competition, the Indian Panorama, the Best Web Series (OTT), and the 75 Creative
Minds of Tomorrow.
INTERNATIONAL NEWS
Marie Sklodowska-Curie Stamps & First Day Envelopes Released
For the first time in over two decades, the
United Nations and the International
Atomic Energy Agency (IAEA) are
collaborating on a new collection coming
to the stamp counter.
The United Nations Postal
Administration will issue a definitive set
of Marie Sklodowska-Curie stamps and
first-day envelopes adorned with a new
IAEA distinctive cachet on 7 November 2023.
The collection commemorates the anniversary of Marie Sklodowska-Curie's birth and
recognizes her significant contributions to nuclear science.
Key Highlights :
Sklodowska-Curie set a ground breaking precedent for women during a time when they
were heavily marginalised in the scientific community by becoming the first woman ever
to win a Nobel Prize and the first individual to claim this prestigious honour twice.
To this day, she is also the only person ever to receive two Nobel Prizes in different
fields of science, one in physics in 1903 and one in chemistry in 1911.
The special envelope also pays tribute to the Marie Sklodowska-Curie Fellowship
Programme (MSCFP), which upholds the IAEA's commitment to promoting diversity
and empowering women in nuclear science by aiming to increase the number of women
in the field.
The IAEA also supports young women's career development in the nuclear sector, via a
programme honouring Austrian-Swedish physicist, Lise Meitner, who coincidentally
shares the same birthday as Sklodowska-Curie.
On the occasion of the birthdays of these two great scientists, IAEA Director General
Rafael Mariano Grossi announced an event commemorating International Women's Day
on 8 March 2024.
About IAEA :
Founded: 29 July 1957
Headquarters: Vienna, Austria
Director General : Rafael Mariano Grossi.
The International Atomic Energy Agency is an intergovernmental organization that
seeks to promote the peaceful use of nuclear energy and to inhibit its use for any
military purpose, including nuclear weapons.
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Daily Current Affairs
23rd November 2023
STATE NEWS
Uttarakhand Tourism Development Board Launches Inaugural Tehri Acro Festival
In a bid to catapult Tehri onto the global tourism stage, the Uttarakhand Tourism
Development Board (UTDB) announced the maiden
edition of Tehri Acro Festival, slated from November
24 to 28, 2023.
Tehri Acro Festival is billed as India's premier
International Aerial Acrobatic Show, set to feature over
150 paragliders, including 35 international athletes,
making it a prominent event in the field of paragliding.
About the Festival :
The festival will showcase an array of aerial
acrobatics.
Three competitive events will be held during the
festival, marking Tehri's entry into the world of
paragliding.
Tehri, positioned at an elevation of approximately
1400 metres, boasts take-off points at Pratap Nagar,
standing as the world's second-highest. It is rivalled only by Turkey's OluDeniz.
About Uttarakhand:
Capital: Dehradun
Chief Minister: Pushkar Singh Dhami
Governor: Gurmit Singh
National Parks: G ovind National Park, Nanda Devi National Park, Gangotri National
Park, Rajaji National Park, Jim Corbett National Park
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Daily Current Affairs
23rd November 2023
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23rd November 2023
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23rd November 2023
KeY Highlights
The objective of this cooperation agreement is also to connect Traditional and
Complementary Medical Systems with the mainstream of the National Health System.
To fulfill this objective, WHO will prepare Traditional Medicine Global Strategy 2025-
34 with the support of the Ministry of Ayush.
In collaboration with WHO, the Ministry of Ayush will develop an International Herbal
Pharmacopoeia of herbs found in South-East Asia.
The first phase of this agreement, 2023-28, will prove to be a milestone in the global
development of Traditional and Complementary Medical Systems.
Ministry of Ayush has already signed two ‘Project Collaboration Agreements’ with WHO.
The first agreement was signed in 2016 to take Traditional Medical systems like Yoga,
Ayurveda, Unani, and Panchakarma to the global level.
The second contract was signed in 2017 to strengthen the system of Ayurveda, Unani
and Siddha.
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Daily Current Affairs
23rd November 2023
The post fell vacant after Swaminathan Janakiraman was appointed as the Deputy
Governor of the Reserve Bank of India.
About Vinay Tonse :
He joined the State Bank of India as a
Probationary Officer in 1988.
Throughout his tenure, Tonse has worked at
different locations in India, as well as abroad.
In his career spanning more than 30 years,
Tonse has led major assignments and
projects of the State Bank of India.
His career involves experience in different
facets of commercial banking like corporate
credit, treasury, retail, and international
banking.
Before the appointment, Tonse was serving as the Deputy Managing Director at the
PSU bank.
The Deputy Manager of the state-owned bank was recommended b y the Financial
Services Institutions Bureau (FSIB) for the senior post at SBI in September, 2023.
The State Bank of India is operated by four managing directors and one chairman.
About FSIB :
The Central Government has established the Financial Services Institutions Bureau
with effect from July 1, 2022.
The FSIB will serve the purpose of recommending persons for appointment as full-time
directors and non-executive chairpersons on the Boards of financial services
institutions.
FSIB is responsible for recommending directors of state-owned banks and financial
institutions.
FSIB is headed by Bhanu Pratap Sharma, former secretary in the Department of
Personnel and Training (DoPT).
Other members of the headhunter are Animesh Chauhan, former chairman and MD of
erstwhile Oriental Bank of Commerce, RBI's ex-executive director Deepak Singhal, and
Shailendra Bhandari, former MD of erstwhile ING Vysya Bank.
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Daily Current Affairs
23rd November 2023
The Department of Telecommunications (DoT) has already granted OneWeb and Jio
Satellite the global mobile personal communication
by satellite services (GMPCS) licence that is required
to offer satellite-based broadband services in India.
The ISP licences will allow the firms to now provide
broadband services to end users at their homes and
offices.
While Jio Satellite received its ISP license a month back,
OneWeb was given the ISP A (national area) and very
small aperture terminal (VSAT) licences.
VSAT, with its data transmission capabilities, plays a
pivotal role in delivering broadband internet services,
especially to homes and offices.
SAT is a device equipped with an antenna commonly used for transmitting/receiving
data, voice, and video signals.
It often serves as a connectivity solution for banking/ATM machines in rural areas and
provides backhaul connectivity for cellular mobile services.
Having obtained GMPCS and ISP licences, Jio Satellite and OneWeb are poised to
commercially deploy their satellite-based internet services.
The final step involves clarity on the allotment of the satellite spectrum.
Reliance Jio Infocomm previewed its satellite-based broadband services,
JioSpaceFiber, at the India Mobile Congress on October 27.
Four of the remotest locations in India have already been connected with JioSpaceFiber
including Gir (Gujarat), Korba (Chattisgarh), Nabrangpur (Odisha), and ONGC
(Jorhat, Assam).
Notably, Jeff Bezos-led Amazon and Elon Musk’s Starlink are also eyeing the satellite
communications space in India, and have sought a GMPCS license.
SPORTS NEWS
Pankaj Advani Clinches 26th World Title at IBSF Billiards Championship 2023 in
Doha
India’s Pankaj Advani has lifted his
26th world title as he won the World
IBSF Billiards Championship 2023 in
Doha, Qatar.
Pankaj defeated opponent Sourav
Kothari with 1000-416 margin in the
final.
Advani stormed into the final with a
convincing victory over fellow Indian Rupesh Shah.
He defeated the Gujarat cueist 900-273.
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Daily Current Affairs
23rd November 2023
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Daily Current Affairs
23rd November 2023
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