04th and 05th November, 2021 – Daily News

Topics covered – i-RISE, Technology Business Incubator (TBI) at Mohali , ‘Whistle Blower’ portal, Republic of The Gambia , facilitate defence manufacturing in the MSME sector, $61 million loan for Agartala City Urban Development Project, “Desert Warrior” at El Berigat airbase, ‘First Movers Coalition’ , 2022 QS World University Rankings , 2022 QS Asia University Rankings , 00% stake in Exide Industries-promoted Exide Life Insurance, TCI Cold Chain Solutions , Bombay Stock Exchange , basic duty on crude palm oil, crude soybean oil, and crude sunflower oil , Capricorn Energy PLC, electric vehicle (EV) charging stations , ONGC Tripura Power Company , Tsunami Awareness Day , Not Just Cricket: A Reporters Journey” book , “The Sage with Two Horns: Unusual Tales from Mythology” book

Bulletins

  1. Dr Jitendra Singh has launched i-RISE, Technology Business Incubator (TBI) at Mohali to provide world class research facilities for start-ups in the country.
  2. Indian Renewable Energy Development Agency limited (IREDA) has launched ‘Whistle Blower’ portal.
  3. Shri V. Muraleedharan, Minister of State for External Affairs and Parliamentary Affairs visited the Republic of The Gambia from 1-3 November 2021.
  4. Tamil Nadu Industrial Investment Corporation Limited (TIIC) Limited, the Society of Indian Defence Manufacturers (SIDM) and the Confederation of Indian Industries (CII) have signed an MoU to catalyse and facilitate defence manufacturing in the MSME sector.
  5. Asian Development Bank (ADB) has approved a $61 million loan for Agartala City Urban Development Project.
  6. Air forces of India and Egypt conducted a two-day exercise named “Desert Warrior” at El Berigat airbase in Egypt.
  7. ‘First Movers Coalition’ was launched at COP 26 of UNFCCC.
  8. 2022 QS World University Rankings have been released.
  9. 2022 QS Asia University Rankings has been released.
  10. HDFC Life has acquired a 100% stake in Exide Industries-promoted Exide Life Insurance for Rs 6,687 crore.
  11. TCI Cold Chain Solutions (TCI CCS) — a unit of Transport Corporation of India Ltd (TCI) — and Japan’s Mitsui & Co Limited have formed a joint venture to explore opportunities for providing integrated cold chain logistics services in India.
  12. Bombay Stock Exchange (BSE) has signed an MoU with HDFC Bank to encourage and promote listing of SMEs and small companies across India.
  13. Central government has cut its basic duty on crude palm oil, crude soybean oil, and crude sunflower oil to nil from 2.5%.
  14. Cairn Energy PLC has changed its company name from Cairn Energy PLC to Capricorn Energy PLC, effective from December 31, 2021.
  15. Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd have announced to establish 22,000 electric vehicle (EV) charging stations over the next 3-5 years.
  16. National Company Law Tribunal has approved GAIL (India) to acquire 26% stake in ONGC Tripura Power Company (OTPC) from IL&FS.
  17. World Tsunami Awareness Day is observed on November 5.
  18. “Not Just Cricket: A Reporters Journey” book has been authored by Pradeep Magazine.
  19. “The Sage with Two Horns: Unusual Tales from Mythology” book has been authored by Sudha Murthy.

Table of Content

National News

  1. Dr Jitendra Singh has launched i-RISE, Technology Business Incubator (TBI) at Mohali to provide world class research facilities for start-ups in the country.
      • It has been developed with support of Department of Science and Technology and Indian Institute of Science Education and Research, Mohali.
      • During the event, a 650 teraflops supercomputing facility has been launched at National Agri-Food Biotechnology Institute at Mohali.
  2. Indian Renewable Energy Development Agency limited (IREDA) has launched ‘Whistle Blower’ portal.
      • Through this portal, IREDA employees can raise concerns related to fraud, corruption, abuse of power etc.
      • It has been launched as a part of “Vigilance Awareness Week 2021” (26th Oct to 2nd Nov). Theme of Vigilance Awareness Week 2021 is ‘Independent India @75: Self Reliance with Integrity’.
      • On the occasion, vigilance journal ‘Pahal’ was also released.
  3. Shri V. Muraleedharan, Minister of State for External Affairs and Parliamentary Affairs visited the Republic of The Gambia from 1-3 November 2021.
      • Two Agreements, an Agreement on Exemption from Visa requirement for Holders of Diplomatic and Official Passports, and a General Framework Agreement for Cooperation between India and The Gambia were signed during the visit.
      • MoS visited the National Assembly Building Complex of The Gambia in Banjul, which is built under Indian Line of Credit.
      • Gambia capital – Banjul; currency – Dalasi

State News

  1. Tamil Nadu Industrial Investment Corporation Limited (TIIC) Limited, the Society of Indian Defence Manufacturers (SIDM) and the Confederation of Indian Industries (CII) have signed an MoU to catalyse and facilitate defence manufacturing in the MSME sector.
      • Through this partnership, in the first phase ‘Champion MSME Industries’ in each of the five nodes of the Tamil Nadu Defence Corridor in Chennai, Tiruchi, Coimbatore, Salem and Hosur will be identified.
  2. Asian Development Bank (ADB) has approved a $61 million loan for Agartala City Urban Development Project.
      • The project aims to improve standard of living, harness technology, and promote new developments to accommodate the expanding population in the city of Agartala, Tripura.

Defence News

  1. Air forces of India and Egypt conducted a two-day exercise named “Desert Warrior” at El Berigat airbase in Egypt.
Two day exercise between India and Egypt

International News

  1. ‘First Movers Coalition’ was launched at COP 26 of UNFCCC.
      • The Coalition has been launched by World Economic Forum, in partnership with US Special Presidential Envoy for Climate John Kerry, for companies to increase the demand for zero-carbon technologies.
      • Amazon and Apple as well as Mahindra Group and Dalmia Cement (Bharat) from India have joined as founding members, along with other companies.
      • It will work across eight key sectors, seven of which — steel, cement, aluminium, chemicals, shipping, aviation, and trucking — account for more than a third of global carbon emissions but do not have cost-competitive clean energy alternatives to fossil fuels.
      • The eighth sector is direct air capture technique.

Reports & Indices

  1. 2022 QS World University Rankings have been released.
      • Total – 1300 universities
      • Top –
Rank University Overall Score
1 Massachusetts Institute of Technology (MIT) 100
2 University of Oxford 99.5
3 Stanford University 98.7
    • India’s top –
Rank University
=177 Indian Institute of Technology Bombay (IITB)
185 Indian Institute of Technology Delhi (IITD)
=186 Indian Institute of Science
=225 Indian Institute of Technology Madras (IITM)
=277 Indian Institute of Technology Kanpur (IITK)
280 Indian Institute of Technology Kharagpur (IITK)
    • Parameters –
      • International Students Ratio
      • International Faculty Ratio
      • Faculty Student Ratio
      • Citations per Faculty
      • Academic Reputation
      • Employer Reputation
  1. 2022 QS Asia University Rankings has been released.
      • Top – National University of Singapore (NUS)
      • India – 118 universities
        • 10 new entrants; Of them, 7 bagged a spot in the top 100.
        • India’s top 5 universities –
          • IIT-Bombay – Rank: 42
          • IIT-Delhi – Rank: 45
          • IIT-Madras – Rank: 54
          • IISc – Rank: 56
          • IIT-Kharagpur – Rank: 60

Banking & Economy

  1. HDFC Life has acquired a 100% stake in Exide Industries-promoted Exide Life Insurance for Rs 6,687 crore.
  2. TCI Cold Chain Solutions (TCI CCS) — a unit of Transport Corporation of India Ltd (TCI) — and Japan’s Mitsui & Co Limited have formed a joint venture to explore opportunities for providing integrated cold chain logistics services in India.
  3. Bombay Stock Exchange (BSE) has signed an MoU with HDFC Bank to encourage and promote listing of SMEs and small companies across India.
      • Through this MoU, HDFC Bank and BSE shall evaluate banking and lending solutions for companies undergoing listing process on the platform.
  4. Central government has cut its basic duty on crude palm oil, crude soybean oil, and crude sunflower oil to nil from 2.5%.
      • The agri-cess on crude soyabean oil and crude sunflower oil has been brought down from 20% to 5% while the agri-cess on crude palm oil has been reduced to 7.5%.
      • Post cuts, the effective duty on crude palm oil will be at 8.25%, and crude soybean oil and crude sunflower oil will be at 5.5%.
  5. Cairn Energy PLC has changed its company name from Cairn Energy PLC to Capricorn Energy PLC, effective from December 31, 2021.
  6. Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd have announced to establish 22,000 electric vehicle (EV) charging stations over the next 3-5 years.
      • Purpose – to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070.
      • IOC will set up EV charging facilities at 10,000 fuel outlets; BPCL at 7000 outlets; and HPCL at 5000 outlets.
  7. National Company Law Tribunal has approved GAIL (India) to acquire 26% stake in ONGC Tripura Power Company (OTPC) from IL&FS.
      • OTPC is a special purpose vehicle between Oil and Natural Gas Corporation (ONGC), IL&FS Group and Government of Tripura (GoT) for setting up of a 726.6 MW combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura.

Important Days

  1. World Tsunami Awareness Day is observed on November 5.
      • Theme – ‘Sendai Seven Campaign’
Tsunami Awareness Day

Miscellaneous

  1. “Not Just Cricket: A Reporters Journey” book has been authored by Pradeep Magazine.
  2. “The Sage with Two Horns: Unusual Tales from Mythology” book has been authored by Sudha Murthy.

Start Quiz of 04th and 05th November 2021

Q.1) Recently, a 650 teraflops supercomputing facility has been launched at National Agri-Food Biotechnology Institute. Where is the Institute located?
Q.2) Name the portal launched by Indian Renewable Energy Development Agency limited (IREDA) for facilitating reporting of fraud, corruption, abuse of power etc.
Q.3) What is the capital of Gambia?
Q.4) With which country has Indian Air Force conducted the Desert Warrior exercise?
Q.5) How many sectors are targeted for decarbonization through the 'First Movers Coalition'?
Q.6) Which university has topped in the 2022 QS World University Rankings from India?
Q.7) Which university has topped in the 2022 QS Asia University Rankings?
Q.8) Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd have announced to establish ____ electric vehicle (EV) charging stations over the next 3-5 years?
Q.9) Which company has received approval from National Company Law Tribunal for acquiring 26% stake in ONGC Tripura Power Company (OTPC) from IL&FS?
Q.10) When is the World Tsunami Awareness Day observed?
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 4 years of experience in the field of Education.

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