Daily Current Affairs 9 November 2024 Agri Business Kharif Production Estimates 2024-25 2. Food Corporation of India and State agencies procures 120.67 LMT paddy in Punjab: The KMS 2024-25 paddy procurement program has already benefited 6.58 lakh Punjab farmers with an MSP value of Rs 27995 crore. Punjab Paddy Procurement Overview Paddy Procurement Programme Overview 3. Chana prices crash as imports from Australia begin and sowing starts: Chana Prices in India Recover Madhya Pradesh is the top producer of chana in India, accounting for around 40% of the country’s total production. Rajasthan and Uttar Pradesh are the next largest producers, contributing 14% and 16% respectively. 4. Centre to develop 100 climate-resilient coastal fishermen villages: Union Government to Develop 100 Climate-Resilient Coastal Fisheries Villages 5. Students and agriculture officials grapple with logistical, technical issues during digital crop survey: Digital Crop Survey Challenges in Tamil Nadu Agri Stack: A Digital Foundation for India’s Agriculture 6. 14,081 farmers have accessed free power scheme in Krishnagiri: Krishnagiri District Overview Banking and Finance SBI Q2FY25 Financial Performance 2. LIC profit slips 4%, net premium income up 11%: Life Insurance Corporation of India Overview National Affairs QS World University Rankings: Asia 2025 Key Findings: Science and Tech ISRO’s Chandrayaan-4 Mission Announced Chandrayaan-4 Mission Overview Economy 1. India’s steel exports rise 11% in October; imports moderate for the first time this fiscal: Indian steel exports increased to 0.44 million tonnes in October, while imports moderated to 0.98 million tonnes for the first time this year due to tighter import norms. Indian Steel Exports and Imports Overview India’s Steel Imports and Exports in Fiscal Year (Apr – Oct) India’s steel production increased by 4.4% YoY from April to October, reaching 82.65 million tonnes, with 71 million tonnes originating from the private sector. 2. India plans to set up mini Silicon Valley for GCCs in Goa: Goyal India’s growth story would take the country’s economy $35 trillion in the next 25 years, says Goyal International Affairs 1. Crude Check: No clarity in trend: Brent Crude Oil Futures Analysis 2. World Bank in talks to help finance $28 billion Turkish energy upgrade, Anadolu reports: World Bank in Turkey’s Energy Transmission Upgrade World Bank Overview 3. Ahead of COP29, India to emphasise Paris Agreement red lines on climate finance: India’s Climate Finance Strategy Climate Change: A Global Emergency and the Paris Agreement Miscellaneous
Daily Current Affairs 8 November, 2024
Daily Current Affairs 8 November 2024 Science and Tech Government Launches Medical Devices Strengthening Scheme 2. HQ IDS Conducts First Annual Niche Technology Nexus Seminar on Quantum and Electronic Warfare: India’s Fisheries Sector Transformation and Drone Technology Banking and Finance State Bank of India’s Q4 Net Profit Report SBI’s Q2 Asset Quality Improvement Agri Business News Tea Production Decline in India India’s Tea Production 2. Wheat prices zoom near record highs as Centre dithers over OMSS: Wheat Prices in India Reach Record High Wheat Production in India The world produced 808.4 million tonnes of wheat in 2022. The top wheat-producing countries in 2022 were: 3. Hyderabad to host international poultry expo from November 27: Indian Poultry Expo to Be Organized by IPEMA IPEMA stands for International Play Equipment Manufacturers Association, and is the only certifying body for the play industry in the United States. IPEMA was formed in 1995 by a group of 12 playground equipment manufacturers 4. Urgent need for climate services to mitigate intensifying climate threats, says World Meteorological Organization: Climate Services Needed for Mitigation, Adaptation, and Resilience amidst Climate Change “WMO: United Nations’ Specialized Agency” Formation: 23 March 1950 Headquarter: Geneva, Switzerland President: Abdulla Al Mandous (UAE) Economy Indian Chief Economic Advisor Assuages Trade War Concerns 2. GST Council likely to meet soon after winter session, insurance to be in focus: GST Council Meeting Post-Winter Session in India 3. Govt advances release time of GDP data by 90 mins to 4 pm: MoSPI Revises GDP Estimate Release Time 4. SEBI to consider demerger of equity exchanges, clearing corporations: SEBI’s Consideration for Equity Clearing Corporations Demerger 5. Department of Agriculture and Farmers’ Welfare releases First Advance Estimates of major agricultural crops (Kharif only) for 2024-25: Kharif Production Estimates 2024-25 6. Department of Consumer Affairs, Government of India organizes day long Round Table consultation on ‘Food Price Management and Expanding Pulses & Horticultural Crop Production in North Eastern Region’: North-East States Urged to Increase Pulse Production 7. Union Minister of State Shri George Kurian inaugurates workshop on Application and Demonstration of Drone Technology in Fisheries and Aquaculture: India’s Fisheries Sector Transformation and Drone Technology Security Indian Military Heritage Festival Launched by Chief of Defence Staff General Anil Chauhan 2. INDIA- AUSTRALIA JOINT MILITARY EXERCISE AUSTRAHIND COMMENCES IN MAHARASHTRA: Exercise AUSTRAHIND: 3rd Edition
Daily Current Affairs 7 November, 2024
Daily Current Affairs 7 November 2024 Agri Business News America First: A Populist Political Theory 2. Urad imports from Brazil increase to 22,000 tonnes till October: Australia’s chana production is estimated to be 13.3 lakh tonnes this year, up from 4.9 lakh tonnes in 2023, primarily for export to India. Brazil’s Urad Imports and Australian Chana Trade India’s Onion Production and Procurement Points to Remember: 3. Govt withdraws sugar stock disclosure order citing comfortable domestic availability: The Food Ministry reports that the country has enough sugar to meet domestic demand year-round, following a review of sugar prices and availability. India Withdrew Stock Disclosure Order on Sugar Traders Indian Sugar Production Estimate for 2024-25 Season 4. Centre doubles fines for stubble burning: Delhi Pollution Control Committee Analysis Stubble burning, a common method for clearing fields after harvesting grains like rice and wheat, is a significant contributor to air pollution and a significant health risk due to its cheap and quick disposal. 5. Storage in key reservoirs down a tad this week: India’s Major Reservoir Storage Decline Northern Region Storage Levels and Storage Conditions Central Water Commission Central Water Commission (CWC) is a premier Technical Organization of India in the field of Water Resources. Formation: 1945 Minister: Chandrakant Raghunath Patil (Union minister of Jal Shakti) Chairman: Kushvinder Vohra Commission’s Responsibilities: 6. Lifting of MEP on non-Basmati rice helps India compete globally: Indian Affairs Indian Supreme Court’s Majority Vote on Private Property Acquisition Justices Nagarathna and Dhulia’s Opinions on Article 39(b) Justice Nagarathna: 2. ₹4.8 crore loan fraud scheme unearthed at SBI Sanathnagar, eight more arrested: SBI Loan Fraud Scheme Arrested 3. One Rank One Pension (OROP) scheme is a tribute to the courage and sacrifices of our veterans and ex-service personnel: Prime Minister: Prime Minister Narendra Modi Commemorates Ten Years of One Rank One Pension (OROP) Scheme One Rank One Pension (OROP) in India: A Policy Shift and Impact Impact on Veterans and Their Families Economy CTOs Discuss AI, Cybercrime, and Regulatory Compliance at BFSI Insight Summit 2024 Science and Tech 2. BS BFSI Summit: Indian data not yet ready for AI decade, say CTOs: CTOs Discuss AI, Cybercrime, and Regulatory Compliance at BFSI Insight Summit 2024 3. C-DOT and CSIR-CEERI signs agreement for “Development of Multiport Switch with Tuneable Impedance Matching Network for a Single Broadband Antenna to Cover 2G, 3G, 4G and 5G Bands”: India’s Centre for Development of Telematics (C-DOT) and CSIR-CEERI collaborate on a Multiport Switch for a Single Broadband Antenna.
Daily Current Affairs 6 November, 2024
Daily Current Affairs 6 November 2024 National Affair Supreme Court Ruling on Community Resources 2. India´s domestic air tariff up 43% in 5 yrs, just behind Vietnam: India’s Domestic Fare Increase in 2024 3. Solar cell manufacturing to outstrip global demand by 2024: report The World Solar Market Report 2024 reports significant growth in the solar sector in 2023, with solar cell, wafer, and module capacity nearly doubling compared to the previous year. Global Solar Manufacturing Capacity to Reach Over 1,100 GW by 2024 COP 29, the UN Climate Change Conference, will commence in Baku, Azerbaijan, on 11 November, aiming to urgently address the global climate crisis. 4. Press release by itself can’t amend law: SC Environment and Ecology 1. 25 of 75 Ranthambore tigers go missing in a yr: Ranthambore Tiger Reserve in Rajasthan Disappears Ranthambore National Park Overview 2. Pilikula zoo gets new attractions in the form of Asiatic Lion, other animals and birds: Pilikula Biological Park Acquires Wild Animals and Birds from Nandankanan Zoological Park Pilikula Nisarga Dhama: Eco-Education and Tourism Development Project 3. Black Wash: A Clean Sweep That Stinks: India’s Top 10 Most Polluted Cities in October Air Quality Index (AQI) Overview Banking and Finance “Business Standard BFSI Insight Summit 2024”: Exploring India’s Economic Prospects 2. IPO filings surge in 2024, fuelled by domestic liquidity, stable macros: IPO Filings Surpass Record IPO Market Performance: Over ₹1.03 Lakh Crore IPO An initial public offering (IPO) is when a private company sells shares of its stock to the public for the first time. This process allows the company to raise funds and become a publicly-traded company. First IPO in India Science and Tech 1. Suhora Technologies launches space image aggregating platform: Union Minister of State Launches ‘Spade’ Platform Indian Space Association (ISPA) Overview Agriculture On November 8, a workshop will be held to educate on drone applications for tasks like aquaculture input dispensing, water body monitoring, and marine mammal assessments. Drone Applications in Marine Fisheries Sector Ministry of Fisheries, Animal Husbandry and Dairying in India 2. Stubble burning incidents drop by a half, but UP, Rajasthan have higher cases: Uttar Pradesh experienced a 17% increase in stubble burning incidents from 1,102 to 1,288 in the previous year, while Rajasthan saw a 9% increase from 982 to 1,072. Stubble Burning Incidents in India Stubble Burning in Northern India Sports India’s performance in Paris Olympics 2024: India won six medals in total including one silver and five bronze, three of which come from shooting. This was India’s joint second highest total medal haul after the previous Games.[10] Manu Bhaker won the first medal for India in the women’s 10 m air pistol event.
Daily Current Affairs 5 November, 2024
Daily Current Affairs 5 November 2024 Table of contents Global Corporations Establish Support Service Centres in India 2. Department of Agriculture and Farmers’ Welfare releases First Advance Estimates of major agricultural crops (Kharif only) for 2024-25: Kharif Production Estimates 2024-25 3. Indian Rare Earths Limited, (IREL) and Ust-Kamenogorsk Titanium and Magnesium Plant JSC, (UKTMP JSC) Kazakhstan Signed an Agreement to Establish Indo-Kazakh Joint Venture Company (JVC): IREUK Titanium Limited for production of Ti Slag in India: Indo-Kazakh Joint Venture: IREUK Titanium Limited 4. Shri Surjit Bhujbal, CBIC Member (Customs) participates in a seminar on ‘Gender Inclusivity in Customs supply chain’, organised by CGST & Customs Zone Pune: “Shari Surjit Bhujabal’s Keynote Address on Gender Inclusivity in Customs Supply Chain” Gender Inclusivity Initiatives at Customs 5. Bharat Forge, Tata likely to get DRDO-made Towed Guns Deal: INDIGENOUS MARCH Bharat Forge has emerged as lowest bidder in ₹7,000 cr deal for advanced towed artillery gun systems Bharat Forge Wins ₹7,000 Crillion Bid for Advanced Towed Artillery Gun Systems (ATAGS) 6. Manufacturing gains pace; Oct PMI up at 57.5 on rising demand: Manufacturing Sector Performance in October 7. Farmers’ reliance on paddy and maize threaten pulses, oilseeds crops: Policymakers face challenges in aligning crop patterns with the country’s needs due to the shift from pulses and cash crops to stable paddy and maize. India’s 2024 Kharif Season Production and Production Overview 8. India’s cotton and pulses farmers shift to paddy, set to produce record 120 million tonnes rice: Area under paddy this year surged to record 43.37 million hectares (mh) from 40.73 mh year-ago. India’s 2024 Kharif Season Production and Trends 9. 25% dip in urad output to drag down pulses production despite rise in area: Kharif Pulses Production Decline and Import Impact 10. Oil India Q2 net surges to ₹1,834.07 crore, declares ₹3 interim dividend: Oil India’s Q4 Net Profit Increase India’s National Oil Companies Ministry: Ministry of Petroleum and Natural Gas The Ministry of Petroleum and Natural Gas (MOPNG) in India is led by the Cabinet Minister, Hardeep Singh Puri. 11. Government re-starts sales of rice, atta under ‘Bharat’ brand, raises prices: Food Minister Pralhad Joshi Launches Retail Sales of Wheat and Rice Ministry –Minister of Consumer Affairs, Food and Public Distribution Concerned agencies – NCCF, NAFED and Kendriya Bhandar Ministry of Consumer Affairs, Food and Public Distribution: 12. Haresh Vyas is Chairman of World Castor Sustainability Forum: World Castor Sustainability Forum (WCSF) Appoints Haresh Vyas as First Chairman WCSF: Indian Organization for Sustainable Castor Production
Daily Current Affairs 4 November, 2024
November 4, 2024 Table of content Inflation pressures surged due to a three-month high in input costs, primarily attributed to freight, labour, and material costs, according to a survey. India’s Manufacturing Activity Recovers in October 2. Deciphering the proposed changes in REIT and InvIT regulations: SEBI’s Consultation Paper on Regulations for Real Estate Investment Trusts and Infrastructure Investment Trusts 3. RBI warns NBFCs against aggressive business growth, warns of action: RBI Warns Non-Banking Finance Companies 4. SEBI lens on IPO pricing as more firms tap market: SEBI Signs Off on IPO Pricing SEBI’s Approach to IPO Pricing 5. Revenue Impact: GST Revenue Trends: GST Revenue Trends in India 6. Sharing of resources: Fishermen and the Palk Bay dispute: India-Sri Lanka Fisheries Meeting Highlights 7. Maharashtra’s experiment of using organic farming as tool to tackle agrarian crisis draws attention: Since 2020, 9,600 farmers in Vidarbha region have not committed suicide due to agrarian crisis, according to an official. Organic Farming Project in Maharashtra 8. Strengthening the India link in the Indo-Pacific Economic Framework for Prosperity: US-India Relations and the Quad Summit India’s Acceptance of the Indo-Pacific Economic Framework for Prosperity (IPEF) Rise in Trade and Clean Economy Clean Economy Goal and Benefits The Fair Economy Agenda A Focus on Supply Chains Consensus Building and the IPEF 9. Tamarind Water and Buttermilk Saved Bandhavgarh Elephants: 10. Growth may Have Slipped in Rainy Q2 but Forecast for Fiscal is Sunny: The median GDP forecast for July-Sept is 6.8%, lower than the RBI’s 7% forecast, with FY25 projections at 6.8-7.1%. India’s Economic Growth Moderates in July-September due to Slowdown in Consumption and Investment 11. Centre Rejects Punjab Govt’s Stubble Funding Demand: The Punjab government, led by AAP, has proposed a ₹2,000 crore farmer incentive scheme, with the Centre funding the majority, prompting the central government to follow Haryana’s lead. Punjab and Union Agriculture Ministry Battle Over Stubbling Incentives
Daily Current Affairs 3 November, 2024
November 3, 2024 Table of content 1. Punjab paddy procurement crosses 8.5 MT, Centre says ops in full swing: Punjab Procures 85.41 Lakh tonnes of Paddy in 2024-25 Kharif Marketing Season 2. Punjab records 379 farm fire cases, maximum 66 in Sangrur district: Punjab’s Farm Fires Increase 3. Unprecedented floods that killed more than 200 in Spain: Flash Floods in Eastern Spain Flash Floods in Spain: Causes and Impact Spain’s Mediterranean Coast Experiences Powerful Flash Floods 4. The key takeaways from COP-16: Convention of Biological Diversity (CBD) 16th Edition in Cali, Colombia COP 16: AI in Global Ecosystems Atlas Development 5. A decade of India’s transformative sanitation mission: The Swachh Bharat Mission, a global sanitation revolution, is not just a success for India but also a significant achievement globally. Swachh Bharat Mission Swachh Bharat Mission: Transformational Impact on India India’s Sanitation Revolution: A Global Progress 6. India commits to protect 30% land, marine area in upgraded biodiversity plan: India’s diverse topography and climate make it a global biodiversity power, home to over 55,000 plant taxa and 100,000 animal species. India’s Updated Biodiversity Action Plan India’s Biodiversity Goals India’s New Biodiversity Conservation Strategy Regulatory Protection and Biodiversity Conservation in India 7. The PM scheme is predominantly offered by energy, automotive, and banking sectors for internships: The PM internship scheme has offered over 125,000 internships, with energy, automotive, banking, financial services, and travel and tourism sectors accounting for two-thirds of these opportunities. Internship Opportunities Overview 8. India may extend bid deadline for coal gasification scheme: Union Government May Extend VGF Bid Submission Deadline for Coal Gasification Projects Coal Gasification Projects in India 9. Firms sanctioned by US not in violation of Indian laws: MEA: Indian Government Responds to US Sanctions on Indian Entities 10. Eye on moon voyage, Isro gets 1st analog space mission: India’s First Analog Space Mission Launched at Leh, Ladakh
Daily Current Affairs 2 November, 2024
November 2, 2024 Table of content The Digital Agriculture Mission, funded at ₹2.817 crore, aims to establish a comprehensive database on crop data, enhance nutritional security, and boost livestock production. Union Cabinet Approves Seven Schemes for Agriculture Sector 2. GST receipts’ growth rebounds in October, but still off target: October collections reached ₹1.87 lakh crore, marking the second highest monthly collection on record, with growth reaching 8.9% from September’s 6.5% increase. India’s Gross Goods and Services Tax (GST) Collections and Net Revenues GST Overview in India 3. Zelenskyy urges allies to take action before North Korean troops reach the front: Ukraine’s President Volodymyr Zelenskyy has urged allies to stop “watching” and take action before North Korean troops in Russia reach the battlefield. North Korean Troops Deployment in Russia Russia-Ukrainian War Overview 4. IPO-bound HDB Financial’s valuation faces two hurdles: HDB Financial Services Ltd’s IPO and Valuation Concerns HDB Financial Services Overview
Current Affairs 01 November, 2024
November 1, 2024 Table of content The majority of the capital’s areas have an Air Quality Index (AQI) exceeding 350, causing significant health concerns among its residents. Delhi Air Pollution Rises 14 Times WHO Limit India’s Air Quality Index (AQI) Overview About WHO Formation: 7 April 1948 Headquarters: Geneva, Switzerland Director General: Tedros Adhanom Ghebreyesus
Daily Current Affairs 30 & 31 October, 2024
October 30-October 31, 2024 Table of content Finance Minister Nirmala Sitharaman has approved the creation of Chief General Manager post (CGM), below board level, in five more nationalised banks. About Chief General Manager Role in Nationalized Banks Nationalization of Banks in India 2. Dr. Mansukh Mandaviya Launches ‘eShram – One Stop Solution’ for Welfare of Unorganised Workers: Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya launched “eShram – One Stop Solution” in New Delhi today. Union Minister of State for Labour & Employment, Sushri Shobha Karandlaje, Secretary and other senior officials of Ministry of Labour & Employment were also present on the occasion. Key Highlights e-Shram Portal Overview 3. The 75th International Astronautical Congress (IAC) in Milan, Italy, is set for 14-18 October 2024: The event will bring together over 8,000 experts from industry, research, and institutions. The event aims to highlight the importance of Space as an environment for peaceful exploration, peaceful use, and international cooperation. The motto of the IAC 2024 is “Responsible Space for Sustainability.” International Astronautical Congress (IAC) Overview 4. Equitas Small Finance Bank introduces ‘Selfe Loans’ to support small businesses ahead of the festive season: Equitas Small Finance Bank Launches Selfe Loans Equitas Small Finance Bank Overview 5. Solex Energy collaborates with State Bank of India to offer financing for solar projects Solex Energy has partnered with the State: Solex Energy and SBI Partner for Solar Financing Solex Energy Limited: India’s Solar Energy Solutions Products: Services: Applications: History: Presence: State Bank of India Overview Surya Shakti Solar Finance Scheme Overview 6. India-Spain Joint Statement during the visit of President of Government of Spain to India: President Pedro Sanchez’s Official Visit to India India-Spain Defense and Economic Partnerships 7. The US, Japan, and South Korea launched the DiGi Framework to bolster digital infrastructure in India, focusing on 5G, AI, and smart cities: US, Japan, South Korea Launch DiGi Framework for India United States International Development Finance Corporation (DFC) Formed December 20, 2019 Preceding agency Overseas Private Investment Corporation (OPIC) and Development Credit Authority (DCA) of the United States Agency for International Development (USAID) Headquarters Washington, D.C. Motto Investing in Development Agency executives Scott A. Nathan, Chief Executive Officer Nisha Desai Biswal, Deputy Chief Executive Officer Source: Wikipedia 8. Shaktikanta Das receives A+ grade in the central bank report cards 2024: RBI Governor Shaktikanta Das Receives A+ Grade in Central Bank Report Cards 2024 Governor Das’ Achievements and Foreign Exchange Reserve Expansion RBI Overview 9. Union Minister Piyush Goyal visits Saudi Arabia to strengthen India-Saudi Partnership: Union Minister Piyush Goyal Visits Saudi Arabia Highlights One District One Product (ODOP) Program in India Goals: Products: Selection Process: 10. Prime Minister Modi Launches Multiple Health Sector Projects on Dhanvantari ayanti and Ayurveda Day: Prime Minister Narendra Modi’s Health Initiatives and Initiatives Some other findings Ayush’s Impact on Health and Economy