14th-16th December, 2024

1. BEML Secures Rs 136 Crore Contract from MoD for HMVs 8×8
2. India’s 1st Integrated Waste Management City to setup in UP’s Gorakhpur by September 2025
3. Union Defence Minister Rajnath Singh on a 3-day Visit to Russia
4. ADB and NaBFID signed LoI to address India’s Infrastructure Funding Gap
5. ICICI Bank signs MoU with CBA to Strengthen Australia-India Trade Relations
6. Karnataka Police Wins Inaugural FICCI Drone Award 2024
7. RBI approves Burman family to acquire stake in REL
8. ESA Launches 3rd Copernicus Sentinel-1C Satellite for Advancing Earth Observation and Maritime Monitoring
9. Karman Drones Partners with TCL for 5 Years to Develop UAV Solutions
10. Arjun Erigaisi becomes 2nd Indian to reach 2800 ELO rating in chess
11. Indian Squash Player and Arjuna Awardee Raj Manchanda Passed Away
12. EAM Dr Jaishankar releases Vikram Sampath’s book Tipu Sultan – The Saga of the Mysore Interregnum
13. Chhattisgarh CM Vishnu Deo Sai launches “Nikshay Niramay Chhattisgarh Abhiyan”
14. NCL Launches ‘CHARAK’ for Free Health Treatment in Singrauli
15. UK Joins Indo-Pacific Bloc: A Post-Brexit Trade Milestone
16. Dark Eagle Hypersonic Missile Tested by US Armed Forces
17. Mount Semeru Eruption in East Java
18. Desert Knight: A Strategic Trilateral Air Combat Exercise
19. India Launches First Diabetes Biobank in Chennai
20. VIRAASAT Sari Festival 2024: Celebrating India’s Handwoven Heritage
21. Mikheil Kavelashvili Becomes Georgia’s New President
22. Government Introduces ‘Jalvahak’ for Waterway Connectivity
23. Uttarakhand Unveils India’s First Yoga Policy to Become Global Yoga Hub
24. Vijay Diwas 2024: Celebrating India’s 1971 Victory
25. Padma Bhushan Ustad Zakir Hussain Passes Away at 73
26. Manish Jain Appointed Executive Director at YES Bank
27. BOBCARD Launches TIARA Credit Card
28. India Maritime Heritage Conclave 2024
29. Max Life Rebrands to Axis Max Life Insurance
30. Empowering India: National Energy Conservation Day
31. François Bayrou: Macron’s New Prime Minister Amid Political Turmoil
32. UN Climate Change Conference, COP29 conducted at Baku in Azerbaijan
33. Finland Unveils World’s First National Soundscape: Äänia by Lauri Porra
34. Deutsche Bank AG, India Provides 91 Million Euros Sustainability-linked Loan to SMFG India Credit
35. US Awasthi, MD of IFFCO wins Rochdale Pioneers Award 2024
36. John Dramani Mahama elected as the President of Ghana
37. Shammi Silva Takes Over as 29th President of ACC
38. Pankaj Tripathi Appointed Festival Ambassador for Arunachal Rang Mahotsav 2024
39. GRSE Signs Contract for MPVs and Delivers USV ‘Jaladoot’ to DRDO
40. ISRO and ESA sign TIP to provide Ground Support for Gaganyaan Missions
41. Ashutosh Kotwal’s biography “Beyond The Higgs Boson: The W Boson and Dr. Ashutosh Kotwal’s Quest for the Unknown” released
42. SAARC Charter Day 2024 – December 8
43. Indian Navy’s 57th Submarine Day – December 08, 2024
44. Union Minister Jagat Prakash Nadda Launches Intensified 100-Day TB Elimination Campaign in Haryana
45. Union Minister Manohar Lal Khattar launched the ‘Ujraveer’ scheme in Andhra Pradesh
46. India Assumes 1st Time Chairmanship of 68th UN CND
47. Maritime Safety Committee 109th session from 2nd – 6th December 2024
48. BoB Unveiled Two New MSME Offerings: ‘Baroda Mahila Swavalamban’ and ‘Baroda Smart OD’
49. IDFC FIRST Bank Launches India’s first AI-Powered Holographic Digital Avatar of Amitabh Bachchan for Customer Engagement
50. ISA & USAID Join Forces to Boost Renewable Energy Connectivity
51. 3 Indians on BBC’s 100 Most Inspiring Women List 2024: Aruna Roy, Vinesh Phogat & Pooja Sharma
52. Former President of Chile Michelle Bachelet to be Conferred the Indira Gandhi Peace Prize 2024
53. Vaibhav Chaturvedi Appointed as Ex-officio Member of IBBI
54. Rajeev Mehta becomes 1st Indian elected as Secretary General of FCA
55. Jayen Mehta’s Tenure extended as MD of GCMMF by 5 years
56. Iran Successfully Launches Saman-1 and Fakhr-1 Satellite into Orbit
57. International Day of Commemoration and Dignity of the Victims of the Crime of Genocide and of the Prevention of this Crime 2024 – December 9
58. Union Cabinet Approves MoU between GSI and CNR-IRPI for Landslide Forecasting and Early Warning System
59. NMDFC and DICCI signed an MoU to Promote Marginalized Communities
60. India and Nicaragua Sign MoU for QIPs to Boost Local Development
61. HSBC India Launches “HSBC Privé Credit Card” for Global Private Banking Clients
62. LIC launched Golden Jubilee Scholarship Scheme 2024 for Economically Weaker Students
63. EESL Collaborates with APSHCL and APSEEDCO to Launch 3 Programmes for Enhancing Energy Efficiency
64. New ginger variety “IISR Sursak” developed by ICAR-IISR
65. Shri Jayant Chaudhary and Dr. Sukanta Majumdar attend valedictory function of Bharatiya Bhasha Utsav

National News

1. Bharatiya Bhasha Utsav Celebrates Linguistic Diversity
   • What:
     • Bharatiya Bhasha Utsav is a weeklong celebration by the Department of School Education and Literacy, Ministry of Education to commemorate the birth anniversary of the revered Mahakavi Subramnaia Bharati, on 11 December 2024.
   • Why:
     • The event commemorates the birth anniversary of Mahakavi Subramania Bharati, promoting unity through languages.
   • Tell me more:
     • The theme for this year’s celebration was “Unity through Languages” (भाषाओं के माध्यम से एकता).
     • Mahakavi Subramania Bharati is revered as a freedom fighter and scholar.
       Source: PIB
2. India Maritime Heritage Conclave Celebrates Maritime Legacy
   • What:
     • The 1st India Maritime Heritage Conclave (IMHC 2024) was held on December 11-12, 2024.
     • Organized by the Ministry of Ports, Shipping and Waterways, the event celebrated India’s maritime legacy and contributions to global trade and culture.
   • Tell me more:
     • The theme of the conclave was “Towards Understanding India’s Position in Global Maritime History.”
     • India has a coastline of approximately 7,500 km with 13 major ports and around 200 non-major ports.
     • The National Maritime Heritage Complex (NMHC) is being developed at Lothal, an important archaeological site with the oldest manmade dockyard.
     • Prominent maritime nations such as Greece, Italy, and the UK participated in the conclave to celebrate India’s maritime heritage.
       Source: PIB
3. Jaishankar Discusses Legacy of Tipu Sultan
   • What:
     • External Affairs Minister S. Jaishankar described Tipu Sultan as a “complex figure” in Indian history.
   • Tell me more:
     • He spoke during the launch of Vikram Sampath’s book, “Tipu Sultan: The Saga of Mysore Interregnum 1761-1799.”
     • Tipu Sultan is known for resisting British colonial expansion but also has a controversial legacy due to his actions towards his people and neighboring kingdoms.
     • The book launch took place at the India Habitat Centre in Delhi.
       Source: IN
4. Viraasat Sari Festival 2024 Celebrates Handwoven Saris
   • What:
     • The third edition of the “Viraasat Sari Festival 2024” was inaugurated by the Secretary of Textiles, Government of India, at Handloom Haat, Janpath, New Delhi.
   • Why:
     • The event aims to recognize and celebrate the tradition and potential of the handloom sector in India.
   • Tell me more:
     • The handloom sector employs over 35 lakh people in India, significantly contributing to the economy.
     • Unique handloom varieties showcased include Banarasi brocade, Pochampally, and Uppada Jamdani among others.
       Source: PIB

State News

1. Gorakhpur to Establish India’s First Integrated Waste Management Centre
   • What:
     • Gorakhpur is set to establish the country’s first Integrated Waste Management City-cum-Learning Centre by September 2025.
   • Why:
     • The initiative aims to make the city garbage-free and promote sustainable waste management through a circular economy model.
   • Tell me more:
     • The project will cover 40 acres in Suthni village, Sahjanwa, and will process various types of waste while generating charcoal and Bio-CNG.
     • It is expected to create jobs, boost revenue, and serve as a learning hub for technical expertise.
     • The plan includes three dedicated plants: a Dry Waste Plant with a capacity of 500 tons per day, a Wet Waste Plant processing 200 tons per day, and a Hazardous Waste Plant.
     • A memorandum of understanding has been signed with the National Thermal Power Corporation (NTPC) for an investment of Rs 300 crore.
       Source: ET
2. Andhra Pradesh Launches Energy Efficiency Programs
   • What:
     • The Government of Andhra Pradesh, in collaboration with Energy Efficiency Services Ltd (EESL), has launched three energy efficiency programs.
   • Why:
     • The programs aim to promote energy efficiency, environmental sustainability, and economic empowerment in the state.
   • Tell me more:
     • The first program, URJAVEER, aims to create 1 lakh “Urjaveers” who will promote energy-efficient appliances through affiliate marketing.
     • The second initiative focuses on distributing energy-efficient appliances, including LED bulbs and BLDC fans, to 1.5 lakh households under the Pradhan Mantri Awas Yojana (PMAY).
     • The National Efficiency Cooking Programme (NECP) promotes electric cooking solutions, with induction cooktops distributed to Anganwadi Centres.
     • EESL is a joint venture of various public sector undertakings under the Ministry of Power.
       Source: HBL
3. Launch of Urjaveer Program for Energy Efficiency
   • What:
     • The state government is launching the Urjaveer program to promote energy-efficient appliances.
     • Andhra Pradesh Chief Minister N Chandrababu Naidu and Union Energy Minister Manohar Lal Khattar will inaugurate the program.
   • Why:
     • The program aims to empower individuals to sell energy-efficient appliances, contributing to energy conservation and economic development.
   • Tell me more:
     • Local electricians will be trained as ‘Urjaveers’ to facilitate the sale of six types of energy-efficient appliances.
     • The appliances include LED bulbs, LED tubelights, BLDC ceiling fans, 5-star rated air conditioners, induction stoves, and LED inverter bulbs.
     • Urjaveers will help educate the public about the benefits of these appliances and can earn fees for each sale made through the eeslmart.in portal.
       Source: TOI
4. Launch of Nikshay-Niramaya Chhattisgarh Abhiyaan
   • What:
     • Chhattisgarh Chief Minister Vishnu Deo Sai launched the ‘Nikshay-Niramaya Chhattisgarh Abhiyaan’ in the state.
     • The campaign aims to eradicate diseases like leprosy and malaria over a period of 100 days.
   • Why:
     • The initiative is designed to enhance the existing health department efforts and accelerate programs for disease elimination.
   • Tell me more:
     • It focuses on identifying individuals suffering from tuberculosis, malaria, and leprosy to provide them with testing and treatment.
     • A mobile medical unit and promotional vehicle were flagged off at the AIIMS campus in Raipur as part of the campaign.
     • The Nikshay-Niramaya program is part of a broader effort to eliminate diseases from India.
     • The campaign emphasizes collaboration between government officials and health departments to achieve its goals.
       Source: ANI
5. India’s First Diabetes Biobank Established in Chennai
   • What:
     • The Indian Council of Medical Research (ICMR) and the Madras Diabetes Research Foundation (MDRF) have established India’s first diabetes biobank in Chennai.
   • Why:
     • This biobank will collect, process, store, and distribute biospecimens for advanced diabetes research.
   • Tell me more:
     • The biobank includes blood samples from two major studies: the ICMR-INDIAB Study (2008-2020) and the Registry of People with Diabetes in India with Young Age at Onset (2006-ongoing).
     • It covers various types of diabetes, including Type 1, Type 2, and gestational diabetes.
     • The ICMR-INDIAB Study is one of India’s largest epidemiological studies, involving 1.2 lakh individuals.
       Source: ET
6. Uttarakhand to Implement India’s First Yoga Policy
   • What:
     • Chief Minister Pushkar Singh Dhami announced that Uttarakhand is striving to become the first state in India to implement a dedicated yoga policy.
     • The policy aims to integrate Ayurveda and Yoga into the healthcare sector.
   • Why:
     • The initiative is intended to promote wellness and improve health outcomes through traditional practices.
   • Tell me more:
     • The announcement was made during the 10th Ayurveda Congress and Arogya Expo 2024, which has over 3,000 experts and delegates from 50 countries participating.
     • The Chief Minister urged the AYUSH Ministry to establish an All India Institute of Ayurveda in Uttarakhand.
     • Union Minister of State Prataprao Jadhav highlighted that production of AYUSH products has increased eightfold in the last decade.
       Source: IE

International News

1. Iran Successfully Launches Largest Payload into Space
   • What:
     • Iran has successfully launched its largest payload to date using a two-stage Simorgh rocket.
   • Tell me more:
     • The payloads included a space tug named Saman-1, which can boost satellites to higher orbits, and the Fakhr-1 cubesat for technology demonstration.
     • The Simorgh rocket’s technology is similar to that used in intercontinental ballistic missiles (ICBMs), raising international concerns.
     • This launch follows a previous successful flight in January 2024, which marked the first orbital launch of the Simorgh rocket.
     • Iran has also tested an “indigenous bio-capsule” aimed at developing technologies for human spaceflight.
       Source: space.com
2. Maritime Safety Committee Holds 109th Session
   • What:
     • The Maritime Safety Committee (MSC) conducted its 109th session at the IMO Headquarters in London from December 2 to 6, 2024, in a hybrid format.
   • Why:
     • The session aims to discuss and adopt amendments to maritime safety codes and enhance the regulatory framework for maritime operations.
   • Tell me more:
     • Key highlights include amendments to the IGC and IGF Codes, a focus on goal-based new ship construction standards, and discussions on the safety regulatory framework for GHG emission reduction.
     • The session was chaired by Mrs. Mayte Medina from the United States and vice-chaired by Capt. Theofilos Mozas from Greece.
     • A working group was established to further develop a non-mandatory Code for Maritime Autonomous Surface Ships (MASS).
       Source: IMO
3. India to Chair 68th Session of CND
   • What:
     • India has been selected to chair the 68th Session of the Commission on Narcotic Drugs (CND).
     • Ambassador Shambhu S Kumaran has officially taken on the role of Chairman.
   • Tell me more:
     • This is the first time India has chaired the CND.
     • The CND is a key UN body responsible for monitoring global drug trends and supporting member states in drug policy formulation.
     • The CND operates under the United Nations Economic and Social Council (ECOSOC) and is linked to the United Nations Office on Drugs and Crime (UNODC), which is based in Vienna.
       Source: BS
4. Finland Launches World’s First National Soundscape
   • What:
     • Finland has introduced Ääniä, the world’s first official national soundscape, on December 6, 2024, coinciding with its 107th Independence Day.
     • The soundscape, composed by Lauri Porra, features 15 original compositions that reflect Finland’s landscapes and culture.
   • Why:
     • Ääniä aims to celebrate Finland’s connection to nature and cultural heritage.
   • Tell me more:
     • The title Ääniä means “sounds” or “voices” in Finnish and is designed to evoke the Finnish spirit through minimalist music.
     • Lauri Porra, a contemporary composer and great-grandson of Jean Sibelius, created this work based on his experiences and love for Finland.
     • The soundscape includes contributions from various musicians and features diverse instruments, including traditional Finnish ones.

5. Launch of Copernicus Sentinel-1C Satellite
   • What:
     • The third Copernicus Sentinel-1 satellite, Sentinel-1C, was launched on a Vega-C rocket from Europe’s Spaceport in French Guiana.
   • Why:
     • It provides high-resolution radar imagery for Earth observation, maritime traffic monitoring, and helps address global challenges like climate change and disaster response.
   • Tell me more:
     • Sentinel-1C is part of the Copernicus Sentinel-1 constellation, designed for all-weather, day-and-night imaging of Earth’s surface.
     • The mission includes a two-satellite system flying 180° apart to optimize data delivery.
     • Sentinel-1A was launched in April 2014, and Sentinel-1B was launched in 2016 but was decommissioned in August 2022.
     • It signifies the return of European independent space access and supports upcoming launch plans for Ariane 6.

6. Britain Joins Indo-Pacific Trade Bloc
   • What:
     • Britain has become the first European nation to join the Indo-Pacific trade bloc, known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
     • The membership is expected to bring an estimated £2 billion in long-term benefits to the UK economy.
   • Why:
     • Joining the CPTPP is seen as a crucial post-Brexit trade agreement, connecting Britain to the fastest-growing economic region in the world.
   • Tell me more:
     • Britain is now the 12th member of the CPTPP, which includes countries like Australia, Japan, and Canada.
     • The UK government has stated that 99% of UK goods exports to CPTPP countries will be eligible for zero tariffs.
     • Trade experts caution that while the deal will benefit Britain, the overall gains may be limited compared to the trade losses experienced due to Brexit.

Source: FT

Banking and Economy

1. ADB and NaBFID Sign Agreement for Infrastructure Financing
   • What:
     • The Asian Development Bank (ADB) and India’s National Bank for Financing Infrastructure Development (NaBFID) have signed a letter of intent (LOI).
   • Why:
     • The partnership seeks to promote climate resilience and improve urban and rural infrastructure.
   • Tell me more:
     • The LOI was signed in Manila on December 5 by ADB Sector Group Director General Ramesh Subramaniam and NaBFID Managing Director Rajkiran Rai G.
     • ADB will provide a technical assistance grant to NaBFID to build its capacity for climate finance.
     • ADB will also facilitate lines of credit to cofinance innovative urban infrastructure projects.

2. ICICI Bank and CBA Sign MoU for Australia-India Corridor
   • What:
     • ICICI Bank has signed a Memorandum of Understanding (MoU) with the Commonwealth Bank of Australia (CBA).
   • Why:
     • It aims to assist customers migrating between the two countries with banking services.
   • Tell me more:
     • The MoU was signed by Mr. Rakesh Jha, Executive Director of ICICI Bank, and Mr. Mike Vacy-Lyle, Group Executive of Business Banking at CBA.
     • The partnership will help in cross-border payments and provide guidance for trade opportunities.
     • Both banks will work together to introduce corporate customers interested in investing in each other’s home country.

3. LIC Launches Golden Jubilee Scholarship Scheme 2024
   • What:
     • The Life Insurance Corporation of India (LIC) has announced the Golden Jubilee Scholarship Scheme 2024.
   • Why:
     • The scheme aims to support students from economically weaker sections in pursuing higher education in various fields.
   • Tell me more:
     • General scholarships include:
       • Medical courses (MBBS, BAMS, BHMS, BDS): ₹40,000 per annum.
       • Engineering courses (BE, BTech, BArch): ₹30,000 per annum.
       • Other graduation fields: ₹20,000 per annum.
     • A special scholarship for girl children provides ₹15,000 per annum for higher studies after Class 10.
     • Eligibility includes an annual income limit of ₹2.5 lakh, with some relaxations for women as sole breadwinners.
     • Candidates must have a minimum percentage of marks in their previous academic qualifications to be eligible.
     • The scheme does not cover correspondence or part-time courses.
     • Only one student per family can receive the scholarship, with exceptions for female candidates.
       Source: ET
4. HSBC India Launches Exclusive Privé Credit Card
   • What:
     • HSBC India, in partnership with Mastercard, has launched the HSBC Privé credit card. This is an invitation-only card designed for private banking clients.
   • Why:
     • The card aims to meet the unique needs of high-net-worth (HNWI) and ultra-high-net-worth individuals (UHNWI) in India.
   • Tell me more:
     • The card is targeted at individuals with investable assets exceeding $2 million.
     • HSBC Privé emphasizes tailored wealth management solutions beyond traditional banking services.
     • The launch coincides with a rise in credit card spending among India’s affluent population, driven by luxury travel interests.
       Source: PF
5. IDFC FIRST Bank Launches AI-Powered Holographic Avatar
   • What:
     • IDFC FIRST Bank has introduced an AI-powered holographic digital avatar of legendary actor Amitabh Bachchan.
   • Why:
     • The initiative aims to redefine customer engagement by offering personalized and immersive service experiences.
   • Tell me more:
     • Customers can currently access information on various banking products, including Zero Fee Banking and Mobile Banking, through the holographic avatar.
     • The first device was launched at the Juhu branch in Mumbai, with plans for deployment in high-footfall branches across India.
       Source: BS

6. Bank of Baroda Launches New Schemes for MSMEs
   • What:
     • Bank of Baroda has introduced two new offerings for MSMEs:
       • ‘Baroda Mahila Swavalamban’, a loan scheme for women entrepreneurs.
       • ‘Baroda Smart OD’, a digital overdraft facility for GST-registered MSMEs.
   • Tell me more:
     • ‘Baroda Mahila Swavalamban’ offers loans ranging from ₹20 lakh to ₹7.5 crore with interest rates starting at 9.15%.
     • Loans up to ₹5 crore do not require additional collateral if backed by a CGTMSE guarantee.
     • ‘Baroda Smart OD’ provides overdraft amounts between ₹0.50 lakh and ₹25 lakh, using GST returns for credit assessment.

7. Deutsche Bank Provides €91 Million Loan to SMFG India
   • What:
     • Deutsche Bank has granted a loan of 91 million euros (approximately Rs 813 crore) to SMFG India Credit.
     • This is a three-year sustainability-linked loan aimed at supporting small businesses and women borrowers in underserved semi-urban areas.
   • Tell me more:
     • The loan was facilitated through Deutsche Bank’s Gift City Branch.
     • SMFG India Credit’s CFO, Pankaj Malik, emphasized the importance of this loan for sustainable finance in India.
     • As of September, SMFG India Credit operates over 1,000 branches with nearly Rs 50,000 crore in Assets Under Management (AUM).
       Source: ET
8. Max Life Insurance Rebrands as Axis Max Life Insurance
   • What:
     • Max Life Insurance has officially changed its corporate name to Axis Max Life Insurance after receiving regulatory approval.
   • Why:
     • The rebranding follows Axis Bank’s acquisition of additional shares in Max Life, increasing its stake to 19.99%.
   • Tell me more:
     • The change aims to reflect the integration of Max Life and Axis Bank, enhancing their presence in the financial services sector.
     • The new brand identity includes a new logo that incorporates Axis’s ‘A’ and a burgundy color scheme.
     • The company aims to leverage the trusted names of Max Life and Axis to achieve long-term growth, especially in underserved markets beyond major cities.
     • The company had a stake reduction of MFSL in Max Life from 87% to 81% following the acquisition by Axis Bank.
       Source: BS
9. BOBCARD Launches TIARA Credit Card for Women
   • What:
     • BOBCARD Ltd, a subsidiary of Bank of Baroda, has launched the TIARA Credit Card, specifically designed for women. The card was introduced at the Pinkathon event.
   • Why:
     • The TIARA Credit Card aims to support and empower women by providing financial autonomy and tailored benefits.
   • Tell me more:
     • The card offers rewards and benefits in categories such as travel, dining, lifestyle, entertainment, and health.
     • It includes complimentary vouchers and memberships worth up to Rs 31,000 from various leading brands.
     • Features of the card include unlimited domestic airport lounge access and reduced forex mark-up.
       Source: FE
10. Burman Family to Acquire 26% Stake in Religare
    • What:
      • The Reserve Bank of India (RBI) has approved the Burman family’s open offer to acquire an additional 26% stake in Religare Enterprises Ltd (REL).
    • Why:
      • The acquisition aims to strengthen the Burman family’s position in the non-banking financial company (NBFC) sector.
    • Tell me more:
      • The approval was granted after Axis Bank increased its stake in REL to 19.99%.
      • The Burman family is known for promoting Dabur India and other businesses.
        Source: LM
11. Launch of CHARAK Health Initiative by NCL
    • What:
      • Northern Coalfields Limited (NCL) launched the ‘CHARAK’ initiative, which stands for “Community Health: A Responsive Action for Koylanchal.”
    • Why:
      • This health-centric CSR initiative aims to provide free treatment for life-threatening diseases to economically weaker sections in the Singrauli region.
    • Tell me more:
      • CHARAK will cover various life-threatening diseases, including malignancy, tuberculosis (TB), HIV, cardiovascular diseases, and more.
      • Eligible beneficiaries are residents of Singrauli and Sonbhadra districts with an annual family income below Rs. 8 Lakhs.
      • Free treatment will be provided at NCL’s dedicated hospital or empanelled hospitals across the country.
        Source: PIB
12. YES BANK Appoints Manish Jain as Executive Director
    • YES BANK has appointed Manish Jain as its Executive Director for a three-year term, following approval from the Reserve Bank of India (RBI).
    • Prashant Kumar, Managing Director and CEO of YES BANK
      Source: APN

Defence News

1. BEML Secures Rs 136-Crore Contract for High Mobility Vehicles
   • What:
     • BEML Ltd has secured a contract worth Rs 136 crore for the supply of indigenously designed High Mobility Vehicles (HMV) 8×8.
   • Why:
     • The vehicles will support the Battle Field Surveillance System (BFSS) project, enhancing India’s defense capabilities and advancing the Atmanirbhar Bharat initiative.
   • Tell me more:
     • The HMVs are manufactured at BEML’s facilities and are designed to be reliable and versatile in challenging environments.
     • Key features include an independent suspension system, a high-power air-cooled engine, a central tyre inflation system, an anti-lock braking system, and a backbone tube chassis design.
     • These vehicles can operate in extreme climates, from -20 degrees Celsius to +55 degrees Celsius, and at altitudes up to 5,000 meters above sea level.
     • Shantanu Roy, Chairman and Managing Director of BEML, highlighted the engineering excellence of the HMV 8×8 vehicles.
       Source: BS
2. Rajnath Singh’s Visit to Russia for Defence Talks
   • What:
     • Union Defence Minister Rajnath Singh has started a three-day visit to Russia.
     • He is expected to meet President Vladimir Putin and witness the commissioning of the INS Tushil, a Russian-made stealth warship, into the Indian Navy.
   • Tell me more:
     • Rajnath Singh arrived in Moscow on Sunday night and was welcomed by Indian Ambassador Vinay Kumar and Russian Deputy Defence Minister Alexander Fomin.
     • The INS Tushil is a multirole stealth-guided missile frigate, enhancing the Indian Navy’s capabilities in the Indian Ocean.
     • On Tuesday, Singh will co-chair the 21st meeting of the India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation (IRIGC-M&MTC).
     • Discussions will include the delivery of two units of the S-400 Triumf air defence system.
     • The S-400 air defence system deal was signed in 2018 for $5.43 billion.
       Source: IN
3. GRSE Signs Contract for Multi-Purpose Vessels
   • What:
     • Garden Reach Shipbuilders & Engineers (GRSE) has signed a contract for the construction and delivery of the second ship from a series of four additional Multi-Purpose Vessels (MPVs).
   • Tell me more:
     • The contract includes a total of four MPVs, with a total value of approximately $108 million for all eight vessels.
     • GRSE had previously signed a contract for the first vessel on June 22, and the remaining two contracts will be communicated later.
     • GRSE has also handed over the “Jaldoot” Unmanned Surface Vessel (USV) to the Naval Science and Technological Laboratory (NSTL) in Visakhapatnam.
     • The Jaldoot USV represents a significant achievement in indigenous autonomous vessel technology.
       Source: HBL
4. Karman Drones Partners with Troop Comforts Ltd
   • What:
     • Karman Drones has signed a five-year strategic partnership with Troop Comforts Ltd (TCL).
   • Why:
     • The partnership focuses on co-developing and manufacturing unmanned aerial vehicles (UAVs) for various applications.
   • Tell me more:
     • The partnership will cater to the needs of defence forces, paramilitary units, police organizations, and civil sectors.
     • Pravan Shetty, Founder and CEO of Karman Drones, stated that this collaboration will enhance solutions for stakeholders in India.
     • Troop Comforts Ltd is a public sector undertaking (PSU) in the defence sector.
       Source: ET
5. Trilateral Air Exercise Desert Knight Commences
   • What:
     • The trilateral air exercise named Desert Knight, involving India, France, and the United Arab Emirates (UAE), began over the Arabian Sea.
   • Tell me more:
     • The exercise lasts for three days and features aircraft such as India’s Su-30MKI and Jaguar jets, France’s Rafale fighters, and the UAE’s F-16 aircraft.
     • This is the second Desert Knight exercise, following the first session held in January of this year.
       Source: IN

Science and Technology

1. ISRO and ESA Sign Agreement for Gaganyaan Support
   • What:
     • On December 4, 2024, the Indian Space Research Organisation (ISRO) and the European Space Agency (ESA) signed a Technical Implementing Plan (TIP) for ground tracking support for the Gaganyaan missions.
     • The TIP was signed at the Satish Dhawan Space Centre by ISRO’s Dr. Anilkumar A K and ESA’s Mr. Dietmar Pilz.
   • Why:
     • The agreement aims to ensure continuous data flow and communication with the Gaganyaan Orbital Module during its missions.
   • Tell me more:
     • The TIP will enable ESA to provide vital ground station support for monitoring and orbital operations of Gaganyaan.
     • This partnership builds on a long history of cooperation between ISRO and ESA in various space missions.
       Source: ISRO

Agriculture and Rural Development

1. India Releases First Ginger Variety ‘IISR Surasa’
   • What:
     • India has launched its first ginger variety named ‘IISR Surasa’ developed specifically for use as a vegetable.
     • The release was made by the Indian Council of Agricultural Research (ICAR) and the Indian Institute of Spices Research (IISR).
   • Why:
     • The new variety aims to support ginger growers by providing a non-pungent option with better taste and quality. It is designed to enhance productivity and ensure consistent yields for farmers.
   • Tell me more:
     • The IISR Surasa can yield up to 24.33 tons per hectare when cultivated scientifically.
     • It has been tested in regions such as Kerala, Nagaland, and Odisha, with approval from the Kerala State Varietal Release Committee.
     • The rhizomes of Surasa are characterized by a creamy golden center, low fiber content, and a dry recovery rate of about 21%.

Source: AS

Awards

1. Michelle Bachelet to Receive Indira Gandhi Prize 2024
   • What:
     • Former Chilean president Michelle Bachelet has been awarded the 2024 Indira Gandhi Prize for Peace, Disarmament, and Development.
     • The announcement was made by the Indira Gandhi Memorial Trust.
   • Tell me more:
     • The award was decided by a jury chaired by Shivshankar Menon, former national security advisor and foreign secretary.
     • Bachelet served as Chile’s president from 2006 to 2010 and again from 2014 to 2018.
     • She has held important positions such as the first director of UN Women and UN High Commissioner for Human Rights.

2. Three Indians Named in BBC’s 100 Most Influential Women
   • What:
     • Three prominent Indians—Aruna Roy, Vinesh Phogat, and Pooja Sharma—have been included in the BBC’s list of 100 Most Influential and Inspiring Women for 2024.
   • Why:
     • It emphasizes the importance of women’s roles in advocating for human rights, sports, and social norms.
   • Tell me more:
     • Aruna Roy is known for her work in social justice and rural development, focusing on transparency and accountability.
     • Vinesh Phogat, a former wrestler turned politician, advocates for women’s rights and better sports policies.
     • Pooja Sharma has pioneered new approaches to funerary rites, challenging traditional practices surrounding death.
       Source: NIE
3. US Awasthi Receives 2024 Rochdale Pioneers Award
   • What:
     • The International Cooperative Alliance (ICA) has awarded the 2024 Rochdale Pioneers Award to US Awasthi, the managing director and CEO of Indian Farmers Fertiliser Cooperative (IFFCO).
   • Why:
     • The award aims to honor individuals or organizations that have made significant contributions to innovative and sustainable cooperative activities.
   • Tell me more:
     • The Rochdale Pioneers Award was established by the ICA in 2000, with the first recipient being Dr. Verghese Kurian from India.
     • Earlier this month, India hosted the ICA Global Cooperative Conference and General Assembly for the first time in its 130-year history.
     • Founded in 1895, London, England during the 1st Cooperative Congress, ICA is one of the oldest and largest non-governmental organizations, representing 1 billion cooperative members globally.
       Source: TOI

Important Days

1. International Day of Commemoration and Dignity of the Victims of the Crime of Genocide and of the Prevention of this Crime 2024 – December 9
   Source: UN
2. Indian Submarine Day – December 8
   • What:
     • The Indian Navy celebrates December 8 as Submarine Day. This date marks the commissioning of the first submarine, INS Kalvari, in 1967.
   • Tell me more:
     • INS Kalvari was a Foxtrot class submarine that served for 29 years before being decommissioned in 1996.
     • Currently, India operates 18 conventional submarines, including Scorpene, HDW, and Kilo-class submarines.
       Source: ETV
3. SAARC Celebrates 40th Charter Day on December 8
   • What:
     • The South Asian Association for Regional Cooperation (SAARC) is celebrating its 40th Charter Day on December 8, 2024.
     • This date marks the adoption of the SAARC Charter in Dhaka in 1985.
   • Tell me more:
     • SAARC was launched by the Heads of State/Government of South Asia during their first summit in December 1985.
     • The member states include Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
     • A diplomatic reception will be hosted in Kathmandu on December 12, 2024, to celebrate this milestone.
       Source: SAARC
4. National Energy Conservation Day – December 14
   Source: PIB
5. Vijay Diwas – December 16
   Source: IT

Memorandum of Understanding

1. India and Nicaragua Sign MoU for Quick Impact Projects
   • What:
     • Indian Ambassador to Nicaragua, Sumit Seth, and Nicaraguan Foreign Minister Valdrack Jaentschke signed an umbrella agreement for Quick Impact Projects (QIPs).
   • Why:
     • The agreement is intended to enhance bilateral cooperation and provide tangible benefits to the people of Nicaragua.
   • Tell me more:
     • The Government of India will provide grant assistance for each Quick Impact Project.
     • Key areas of focus include physical infrastructure (roads, community centers) and social infrastructure (education, healthcare, sanitation).
     • The projects are designed to yield immediate benefits for the local population.

2. NMDFC and DICCI Sign MoU for Entrepreneurship Development
   • What:
     • The National Minorities Development and Finance Corporation (NMDFC) signed a Memorandum of Understanding (MoU) with the Dalit Indian Chamber of Commerce and Industry (DICCI).
   • Why:
     • The partnership seeks to enhance socio-economic empowerment for minorities by leveraging the combined resources and expertise of NMDFC and DICCI.
   • Tell me more:
     • NMDFC has transformed the lives of over 24 lakh families from minority communities since its inception in 1994, providing credit support exceeding ₹9,000 crore.
     • The MoU will focus on creating awareness about entrepreneurship, providing credit support, policy advocacy, and inspiring youth to pursue entrepreneurial careers.
       Source: PIB
3. GSI and Italy’s CNR-IRPI Collaborate on Landslide Forecasting
   • What:
     • The Geological Survey of India (GSI) will sign a Memorandum of Understanding (MoU) with The Research Institute for Geo-Hydrological Protection of the National Research Council (CNR-IRPI), Italy.
   • Why:
     • It seeks to improve the Landslide Early Warning Systems (LEWS) to meet international standards.
   • Tell me more:
     • GSI has established a National Landslide Forecasting Center (NLFC) in Kolkata to develop regional LEWS across landslide-prone states and union territories in India.
     • Currently, NLFC provides daily forecasts for Kalimpong and Darjeeling in West Bengal and Nilgiri in Tamil Nadu.

4. USAID and ISA Sign MoU for Renewable Energy Cooperation
   • What:
     • The United States Agency for International Development (USAID) and the International Solar Alliance (ISA) have signed a Memorandum of Understanding (MoU).
   • Why:
     • The partnership seeks to strengthen energy interconnections across regions and support the development of a unified grid for clean power transfer.
   • Tell me more:
     • Under the MoU, USAID will collaborate with ISA to establish clean energy transmission networks in regions such as South Asia, the Persian Gulf, Southeast Asia, and Africa.
     • This collaboration supports ISA’s initiative, One Sun, One World, One Grid (OSOWOG), which promotes cross-border energy trade.
     • USAID will provide technical expertise and innovative financing to support ISA’s mission.
   • Knowledge Nuggets:
     • The ISA was co-founded by India and France in 2015 and is headquartered in Gurugram, India.
     • The organization aims to advance solar energy adoption and mobilize investments for climate change solutions.
     • The MoU reinforces commitments made in the US-India Joint Statement from September 2024 regarding clean energy collaboration.
       Source: ANI

Appointments

1. Jayen Mehta Appointed Managing Director of Amul
   • What:
     • Jayen Mehta has been appointed as the Managing Director of Gujarat Cooperative Milk Marketing Federation Ltd. (Amul) for a five-year term until 2029-30.
     • He is a member of the Standing Committee of Marketing for the International Dairy Federation (IDF).
   • Tell me more:
     • GCMMF (Amul) has an annual brand sales turnover of ₹80,000 crores.
     • Amul is a cooperative federation consisting of 36 lakh milk producers in Gujarat.
     • The federation operates through a network of 18,600 village dairy cooperative societies across 18 district milk unions.
     • Recently, Amul has been recognized globally as the strongest food and dairy brand in the world.
       Source: MoC
2. Rajeev Mehta Elected Secretary-General of FCA
   • What:
     • Rajeev Mehta has been elected as the Secretary-General of the Fencing Confederation of Asia (FCA).
     • Mehta is the first Indian to hold this prestigious position in the FCA.
   • Tell me more:
     • The Asian Fencing Confederation (AFC) or Fencing Confederation of Asia (FCA) is an international body created in 1988, charged with the promotion and development of fencing in Asia. The FCA includes 46 member countries.
     • Fencing is a combat sport where two athletes use swords to score points by striking their opponent
       Source: ani
3. Vaibhav Chaturvedi Appointed to IBBI
   • What:
     • Vaibhav Chaturvedi has been appointed as the ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI).
   • Tell me more:
     • IBBI was established in 2016 under the Insolvency and Bankruptcy Code, 2016, to implement the code and promote transparency in insolvency processes.
     • Chaturvedi is currently the Chief General Manager at RBI and has significant experience in sports administration.
     • The IBBI board includes members from various regulatory bodies, such as the Ministry of Finance and Securities and Exchange Board of India (Sebi).
       Source: ET
4. Pankaj Tripathi Becomes Festival Ambassador for Arunachal Rang Mahotsav
   • What:
     • Actor Pankaj Tripathi has been appointed as the festival ambassador for the Arunachal Rang Mahotsav 2024, an international theatre festival in Arunachal Pradesh.
   • Tell me more:
     • Arunachal Pradesh has 26 tribal communities and over 100 sub-communities, each with different languages.
     • Hindi serves as a common language among these communities, facilitating communication.
     • Tripathi believes that with continued support, talent from Arunachal Pradesh will shine on the global performing arts map in the next decade.
       Source: HT
5. Shammi Silva Becomes ACC President
   • Shammi Silva has been appointed as the new president of the Asian Cricket Council (ACC).
   • He succeeds Jay Shah, who served three terms as ACC President before becoming the chairman of the International Cricket Council (ICC).
     Source: TOI
6. John Dramani Mahama Wins Ghana’s Presidential Election
   • John Dramani Mahama has been declared the winner of Ghana’s presidential election, securing 56.55% of the votes.
     Source: RT
7. France’s New Prime Minister Francois Bayrou
   Source: ALJ
8. Mikheil Kavelashvili New President of Georgia
   Source: BBC

Miscellaneous

1. New Biography on Dr. Ashutosh Kotwal Released
   • What:
     • HarperCollins India has released a new biography titled Beyond the Higgs Boson: The W Boson and Dr. Ashutosh Kotwal’s Quest for the Unknown.
     • The book is authored by Manik Kotwal and translated by Jerry Pinto.
   • Why:
     • The biography celebrates the life and achievements of Dr. Ashutosh Kotwal, an Indian physicist known for his research on the Higgs boson and W boson.
   • Tell me more:
     • Manik Kotwal, the author, is an experienced Marathi writer with biographies on notable figures like Galileo and Oppenheimer.
     • Jerry Pinto, the translator, is a well-known translator recognized with awards such as the Sahitya Akademi Award.

2. Passing of Brig Raj Manchanda, Indian Squash Legend
   • Brig Raj Manchanda, a prominent figure in Indian squash, passed away in Delhi on December 1 at the age of 80.
   • He achieved fourth place at the 1984 Asian Championships held in Jordan.
   • He won six consecutive National singles championships from 1977 to 1982.
     Source: TH
3. Tabla maestro Zakir Hussain Passed Away
   • Cause of death: “Idiopathic pulmonary fibrosis (IPF) is a lung condition of unknown origin in which the air sacs of the lungs become scarred and fibrous, leading to their destruction. This results in symptoms such as increasing breathlessness, persistent cough, weight loss, and other associated issues.
     Source: TOI

Start Quiz of 14th-16th December 2024 on Mobile

Start Quiz of 14th-16th December 2024 on Desktop