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01st December, 2022

15th edition of Kathakar, Dhabari Quruvi, India’s first-ever launchpad designed and operated by a private player, artificial light-harvesting system, “Carbon Capture, Utilisation, and Storage Policy Framework and its Deployment Mechanism in India” report, 7th edition of the Global Technology Summit, Nirogi Haryana scheme, high-resolution spatial maps, Exercise ‘Samanvay 2022’, Britain’s Rolls-Royce, JC Flowers Asset Reconstruction Company, in Bharat Bijlee, Vishvapradhan Commercial Private Limited, actyv.ai, infrastructure bonds, ‘Star Out Patient Care Insurance Policy’, Cholamandalam MS General Insurance Company, foreign portfolio investors (FPIs) and social stock exchange, Shiavax Jal Vazifdar, MD and CEO of the Bombay Stock Exchange, Union Public Service Commission, GroupM Media (India) Pvt Ltd, Aviation Safety Awareness Week, International Day of Solidarity with the Palestinian People, International Jaguar Day, Sangeet Natak Akademi Amrit Award, annual list of India’s 100 richest billionaires, “gaslighting” as its word of the year for 2022, world’s largest active volcano
  1. 15th edition of Kathakar was held in New Delhi to showcase amazing stories and music by Indian and International storytellers, in their pristine physical form, from six countries along with India.
  2. Dhabari Quruvi has become the first Indian feature film in the history of Indian cinema to have a star cast comprising only indigenous tribal people.
  3. Space tech startup Agnikul has inaugurated India’s first-ever launchpad designed and operated by a private player, situated at Satish Dhawan Space Centre (SDSC) SHAR, in Sriharikota, Andhra Pradesh.
  4. India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal in Gujarat.
  5. Researchers from IISER-Thiruvananthapuram and IIT-Indore have developed a new artificial light-harvesting system that can efficiently capture light for power conversion by mimicking photosynthesis, the process by which plants absorb sunlight and produce sugars.
  6. NITI Aayog has released the “Carbon Capture, Utilisation, and Storage Policy Framework and its Deployment Mechanism in India”
  7. The 7th edition of the Global Technology Summit was held in New Delhi in a hybrid format.
  8. Nirogi Haryana scheme has been launched to provide comprehensive free health check-ups and required medical treatment to beneficiary families.
  9. International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) scientists, in collaboration with the Asian Development Bank (ADB), have developed high-resolution spatial maps of croplands.
  10. The Annual Joint HADR (Human Assistance and Disaster Resilience) Exercise ‘Samanvay 2022’ was conducted by the Indian Air Force at the Air Force Station, Agra.
  11. Indian Council of Historical Research (ICHR) and Indian Space Research Organisation (ISRO) signed an MOU to work together “to trace India’s legacy in the field of science and technology” and find out if India was a ‘Vishwa Guru’.
  12. Britain’s Rolls-Royce has successfully run an aircraft engine on It is the first aircraft engine that was operated on hydrogen.
  13. YES Bank has signed a share purchase agreement (SPA) with US-based JC Flowers Asset Reconstruction Company (ARC) for purchasing a 9% stake in the ARC.
  14. Life Insurance Corporation of India has reduced its holding in Bharat Bijlee from 6.695% to 4.54%.
  15. Adani Enterprise’s wholly owned subsidiary Vishvapradhan Commercial Private Limited (VCPL) has increased its shareholding in news broadcaster New Delhi Television Ltd (NDTV) to over 29.18% stake.
  16. Kotak Mahindra Bank has partnered with ai to provide finance to dealers onboarded on actyv.ai, an AI-powered enterprise SaaS (software as a service) platform.
  17. State Bank of India (SBI) has approved raising ₹10,000 crore through infrastructure bonds during the FY2023.
  18. Star Health and Allied Insurance, a standalone health insurance company, has launched the ‘Star Out Patient Care Insurance Policy’ for providing complete health and wellness benefits to customers at an affordable cost.
  19. Tamilnad Mercantile Bank has entered into bancassurance partnerships with Cholamandalam MS General Insurance Company Ltd and Max Life Insurance Company to provide general insurance products and life insurance schemes respectively to the bank’s customers.
  20. Sebi has restructured its advisory committees pertaining to foreign portfolio investors (FPIs) and social stock exchange.
  21. SEBI has formed a 20-member panel, chaired by former Shiavax Jal Vazifdar (Chief Justice of Punjab and Haryana High Court), to review corporate takeover rules.
  22. According to a reply to the RTI query, most electoral bonds have been sold in Mumbai, followed by Kolkata and Hyderabad, in terms of sheer numbers and value since the introduction of the scheme 5 years ago.
  23. Tata group announced the merger of Vistara with Air India. Now, the Singapore Airlines will have a 25.1% stake in Air India.
  24. Sundararaman Ramamurthy has been appointed as MD and CEO of the Bombay Stock Exchange.
  25. Former Health Secretary Preeti Sudan has been appointed as a member of Union Public Service Commission (UPSC).
  26. Prasanth Kumar, the chief executive officer (CEO) for South Asia of GroupM Media (India) Pvt Ltd, has been elected the president of the Advertising Agencies Association of India (AAAI) for 2022-23.
  27. November 28 to December 2 – Aviation Safety Awareness Week (by Airports Authority of India)
  28. November 29 – International Day of Solidarity with the Palestinian People
  29. November 29 – International Jaguar Day (by National Zoological Park)
  30. Sangeet Natak Akademi has announced one-time Sangeet Natak Akademi Amrit Award under Azadi Ka Amrit Mahotsav (AKAM) commemorating 75 years of India’s independence for 86 artists.
  31. Forbes has launched its annual list of India’s 100 richest billionaires and according to the list,
  32. Merriam-Webster, America’s oldest dictionary publisher, has just chosen “gaslighting” as its word of the year for 2022.
  33. Mauna Loa, the world’s largest active volcano located in Hawaii island of the US, has erupted for the first time in 38 years.

Table of Content 

National News

  1. 15th edition of Kathakar was held in New Delhi to showcase amazing stories and music by Indian and International storytellers, in their pristine physical form, from six countries along with India.
      • The six countries are the United Kingdom, Australia, Mongolia, Israel, Sierra Leonne and South Korea.
  2. Dhabari Quruvi has become the first Indian feature film in the history of Indian cinema to have a star cast comprising only indigenous tribal people.
      • This film has starred more than 60 people, belonging to Irula, Muduka, Kurumba and Vaduka tribal communities of Attappadi, a scheduled tribe hamlet in the state of Kerala.
      • It also holds the distinction of having been shot completely in the tribal language of Irula.
      • Its world premiere was held in the Indian Panorama section at the 53rd International Film Festival of India in Goa.
  3. Space tech startup Agnikul has inaugurated India’s first-ever launchpad designed and operated by a private player, situated at Satish Dhawan Space Centre (SDSC) SHAR, in Sriharikota, Andhra Pradesh.
      • The facility, designed by Agnikul and executed with the support of ISRO and IN-SPACe, has two sections – the Agnikul launchpad (ALP) and the Agnikul mission control center (AMCC).
  4. India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal in Gujarat.
  5. Researchers from IISER-Thiruvananthapuram and IIT-Indore have developed a new artificial light-harvesting system that can efficiently capture light for power conversion by mimicking photosynthesis, the process by which plants absorb sunlight and produce sugars.
      • The research has been published in the prestigious ‘Royal Chemical Society – Chemical Science’ journal.
      • IISER – Indian Institute of Science Education and Research
      • India aims to achieve net zero carbon emissions by 2070 and to meet 50% of its electricity needs from renewable sources such as solar power by 2030.
  6. NITI Aayog has released the “Carbon Capture, Utilisation, and Storage Policy Framework and its Deployment Mechanism in India”
      • It explores the importance of Carbon Capture, Utilisation, and Storage (CCUS) in promoting the sustainable development of India.
Knowledge Nuggets -
• Carbon Capture Utilisation and Storage (CCUS) - It is the technology for decarbonising carbon dioxide (CO2) from high polluting sectors such as steel, cement, oil, gas, petrochemicals, chemicals and fertilisers.
• CCUS involves the capture of CO2 from large point sources, such as power generation or industrial facilities that use either fossil fuels or biomass as fuel. The CO2 can also be captured directly from the atmosphere.
  1. The 7th edition of the Global Technology Summit was held in New Delhi in a hybrid format.
      • The Summit is India’s annual flagship event on Geotechnology and is co-hosted by the Ministry of External Affairs and Carnegie India.
      • Theme – ‘Geopolitics of Technology’

State News

  1. Nirogi Haryana scheme has been launched to provide comprehensive free health check-ups and required medical treatment to beneficiary families.

Agriculture and Rural Development

  1. International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) scientists, in collaboration with the Asian Development Bank (ADB), have developed high-resolution spatial maps of croplands.
      • The maps will be used for insurance claims and agriculture policy decision-making on targeting regenerative agriculture (RA).
Knowledge Nuggets –
• The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) is a non-profit, non-political organization that conducts agricultural research for development in the drylands of Asia and sub-Saharan Africa.
• Est. - 1972
• ICRISAT is headquartered in Hyderabad, Telangana State, in India, with two regional hubs (Nairobi, Kenya and Bamako, Mali) and country offices in Niger, Nigeria, Zimbabwe, Malawi, Ethiopia and Mozambique.
• ICRISAT envisions a prosperous, food-secure and resilient dryland tropics.

Defence News

  1. The Annual Joint HADR (Human Assistance and Disaster Resilience) Exercise ‘Samanvay 2022’ was conducted by the Indian Air Force at the Air Force Station, Agra.

Memorandum of Understanding

  1. Indian Council of Historical Research (ICHR) and Indian Space Research Organisation (ISRO) signed an MOU to work together “to trace India’s legacy in the field of science and technology” and find out if India was a ‘Vishwa Guru’.
      • ICHR Chairman – Raghuvendra Tanwar

Banking and Economy

  1. Britain’s Rolls-Royce has successfully run an aircraft engine on It is the first aircraft engine that was operated on hydrogen.
  2. YES Bank has signed a share purchase agreement (SPA) with US-based JC Flowers Asset Reconstruction Company (ARC) for purchasing a 9.9% stake in the ARC.
  3. Life Insurance Corporation of India has reduced its holding in Bharat Bijlee from 6.695% to 4.54%.
      • Bharat Bijlee is a public-listed electrical engineering company headquartered in It was established in 1946.
  4. Adani Enterprise’s wholly owned subsidiary Vishvapradhan Commercial Private Limited (VCPL) has increased its shareholding in news broadcaster New Delhi Television Ltd (NDTV) to over 29.18% stake.
      • The stake has been bought from the RRPR Holding (promoter of NDTV).
  5. Kotak Mahindra Bank has partnered with ai to provide finance to dealers onboarded on actyv.ai, an AI-powered enterprise SaaS (software as a service) platform.
      • KMBL will provide short-term loan under the ‘Buy Now, Pay Later’ category to businesses so that they can buy technological solutions from actyv.ai.
  6. State Bank of India (SBI) has approved raising ₹10,000 crore through infrastructure bonds during the FY2023.
      • The issue will also include a green shoe option of Rs 5,000 crores.
Knowledge Nuggets -
• Greenshoe option - A greenshoe option is a provision in an IPO underwriting agreement that grants the underwriter the right to sell more shares than originally planned.
  1. Star Health and Allied Insurance, a standalone health insurance company, has launched the ‘Star Out Patient Care Insurance Policy’ for providing complete health and wellness benefits to customers at an affordable cost.
      • Star Out Patient Care Insurance Policy is a standalone cover that provides access to doctors, clinics and diagnostic centres all over India.
      • The policy has four sum-insured options that customers can choose from – cover of ₹25,000, ₹50,000, ₹75,000 and ₹1 lakh for a policy term of one year.
  2. Tamilnad Mercantile Bank has entered into bancassurance partnerships with Cholamandalam MS General Insurance Company Ltd and Max Life Insurance Company to provide general insurance products and life insurance schemes respectively to the bank’s customers.
  3. Sebi has restructured its advisory committees pertaining to foreign portfolio investors (FPIs) and social stock exchange.
      • Chair of FPI Advisory Committee (16 members) – Hasmukh Adhia (former finance secretary)
      • Chair of Social Stock Exchange (18 members) – R Balasubramaniam (chairman of Grassroots Research and Advocacy Movement (GRAAM)
Knowledge Nuggets –
• The idea of the Social Stock Exchange was first floated by Finance Minister Nirmala Sitharaman in her Budget speech for the financial year 2019-20.
• In July 2022, SEBI introduced the social stock exchange framework.
• The SSE will be established as a separate segment of the BSE.
  1. SEBI has formed a 20-member panel, chaired by former Shiavax Jal Vazifdar (Chief Justice of Punjab and Haryana High Court), to review corporate takeover rules.
      • The panel will have to advise the regulator on simplifying and strengthening the current norms by adopting appropriate global practices.
  2. According to a reply to the RTI query, most electoral bonds have been sold in Mumbai, followed by Kolkata and Hyderabad, in terms of sheer numbers and value since the introduction of the scheme 5 years ago.
      • A total of over ₹10,700 crore worth of electoral bonds have been sold so far to political parties.
  3. Tata group announced the merger of Vistara with Air India. Now, the Singapore Airlines will have a 25.1% stake in Air India.
      • Tata group owns a 51% stake in Vistara and the rest is with Singapore Airlines (SIA).

Appointments

  1. Sundararaman Ramamurthy has been appointed as MD and CEO of the Bombay Stock Exchange.
Knowledge Nuggets -
• BSE, the first-ever stock exchange in Asia established in 1875 and was the first in the country to be granted permanent recognition under the Securities Contract Regulation Act 1956.
• BSE has launched India INX, India's 1st international exchange, located at GIFT CITY IFSC in Ahmedabad.
• Indian Clearing Corporation Limited, a wholly-owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed.
• BSE has also launched BSE Sammaan, the CSR exchange, is a 1st of its kind initiative which aims to connect corporate with verified NGOs.
  1. Former Health Secretary Preeti Sudan has been appointed as a member of Union Public Service Commission (UPSC).
Knowledge Nuggets -
• UPSC was established in 1926.
• Chairman - Dr Manoj Soni
  1. Prasanth Kumar, the chief executive officer (CEO) for South Asia of GroupM Media (India) Pvt Ltd, has been elected the president of the Advertising Agencies Association of India (AAAI) for 2022-23.

Important Days

  1. November 28 to December 2 – Aviation Safety Awareness Week (by Airports Authority of India)
Knowledge Nuggets –
• Airports Authority of India (AAI) is a Miniratna category-I company.
• It was established in 1995 for creating, upgrading, maintaining and managing civil aviation infrastructure both on the ground and in air space in the country.
• It came into existence through the Airports Authority of India Act of 1994.
• Chairman – Sanjeev Kumar
  1. November 29 – International Day of Solidarity with the Palestinian People
      • The 2022 International Media Seminar on Peace in the Middle East was organized by the UN in Geneva, Switzerland.
Knowledge Nuggets –
• Palestine Capital – Jerusalem* (claimed by Israel as well) and Ramallah (administrative centre)
• Palestine Currency – Pound
• Israel was created in 1948 from Palestine.
  • Location –
  • The Dead Sea, also known by other names, is a saltwater lake bordered by Jordan to the east and Israel and the West Bank to the west. It is the deepest hypersaline lake in the world.
  • Dead Sea is the lowest waterbody on Earth, with the lowest elevation on land. The Dead Sea’s water is about 10 times saltier than normal ocean water.
  • The water of the Dead Sea is full of salt, which makes it much denser and heavier than freshwater. If you swim in it, you float very easily.
  1. November 29 – International Jaguar Day (by National Zoological Park)

Awards

  1. Sangeet Natak Akademi has announced one-time Sangeet Natak Akademi Amrit Award under Azadi Ka Amrit Mahotsav (AKAM) commemorating 75 years of India’s independence for 86 artists.
      • These include artists who are above the age of 75 years and haven’t been accorded any national honour in their career so far, from the field of the Performing Arts of India.
      • The artists are given Rs 1 lakh as prize money, along with Tamrapatra and Angavastram.
  2. Forbes has launched its annual list of India’s 100 richest billionaires and according to the list,
      • According to the list, the combined wealth of India’s 100 richest grew by $25 billion to touch $800 billion.
      • Rank 1 – Gautam Adani ($150 billion net worth)
      • Rank 2 – Mukesh Ambani ($88 billion net worth)
      • Rank 3 – Radhakrishna Damani ($27.6 billion net worth)

Miscellaneous

  1. Merriam-Webster, America’s oldest dictionary publisher, has just chosen “gaslighting” as its word of the year for 2022.
      • Gaslighting means manipulating (someone) by psychological means into doubting their own sanity.
  2. Mauna Loa, the world’s largest active volcano located in Hawaii island of the US, has erupted for the first time in 38 years.
CEO of Anujjindal.in

About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.

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