KHABAR
STAY JAGRUK!
1st week November
NATIONAL NEWS
Pollution can lead to more severe
COVID cases, says Dr. Randeep
Guleria
AIIMS Delhi Director Dr Randeep
Guleria on November 05 said that the
pollution can lead to more severe
cases of COVID-19. “Pollution has a
huge effect on respiratory health
especially on people with lung
diseases, asthma as their disease
worsens. Pollution can also lead to
more severe cases of COVID,”
Randeep Guleria
VVIP chopper case: Probe pending
for want of complete execution of
LRs sent to 9 nations, says CBI
The Central Bureau of Investigation
has informed the Delhi High Court
that its investigation into the alleged
₹3,600 crore VVIP helicopter case
was "pending for the want of
complete execution of letters rogatory
(LRs) sent to nine countries and such
other reasons".
Justice Bhat opposes raising SC
judges' retirement age beyond 65
Supreme Court judge Ravindra Bhat
on Friday opposed a suggestion to
raise the age of retirement for top
court judges from the current 65
years, saying that judges were
overworked - so need rest - and also Prime Minister Modi to lay
that they must make way for the foundation stone for expansion of
younger generation more in sync with two Pandharpur highways
the world around.
Prime Minister Narendra Modi will
lay the foundation stone for
four-laning of five sections of Shri
Sant Dnyaneshawar Maharaj Palkhi
Marg (NH-965) and three sections of
Shri Sant Tukaram Maharaj Palkhi
Marg (NH-965G) via video
conferencing on Monday. The
development is designed to facilitate
pilgrims' journey to Pandharpur, a
Justice Bhat was speaking at a town associated with Sant Tukaram
function here to launch a book titled and Sant Dnyaneshawar.
'Finding a Straight Line between
Twists and Turns', written by advocate
Aseem Chawla on the evolution of the
Indian tax landscape.
NIA to seek legal opinion on
appealing against acquittal in
alleged terror funding case
The National Investigation Agency
will seek legal opinion on appealing
in the Delhi high court against
acquittal of four suspects in an alleged Dedicated walkways for 'Palkhi'
terror funding case linked to (palanquin) will be constructed on
Falah-i-Insaniyat Foundation (FIF), either side of these national highways,
officials said. NIA alleges the group providing hassle-free and safe passage
has links to Lashkar-e-Taiba, a to devotees, the Prime Minister's
designated terrorist organisation. office said in a statement.
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DOMESTIC BUSINESS
Prices of commercial LPG cylinders
increased by Rs 266, no increase in
domestic cylinders' cost
New Delhi: The price of commercial
LPG gas cylinders has increased by
Rs 266 from today onwards. Now, the
price of a 19 kg commercial cylinder
in Delhi will be Rs 2000.50 from
today which was Rs 1734 earlier.
However, there has been no increase
in the price of domestic LPG
cylinders
Paytm raises Rs 8,235 crore from
anchor investors
Digital payments and financial
services firm Paytm on Wednesday
raised Rs 8,235 crore from anchor
investors ahead of its initial share
sale. The anchor investor round saw
participation from Blackrock, CPPIB,
Birla MF, GIC and other blue-chip
funds, leading to 10 times
oversubscription of the shares, as per
a stock exchange filing. With this,
Paytm has already secured 45 per cent
of its Rs 18,300 crore initial public
offer (IPO).
SBI reports record quarterly profit,
decline in NPAs
State Bank of India reported a 67 per
cent year-on-year surge in net profit
for the July-September quarter to
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Indian-origin C.S. Venkatakrishnan
takes over as Barclays CEO
Another Indian-origin has taken over
the reigns of a major multinational
company. C.S. Venkatakrishnan, head
of global markets for Barclays, has
been appointed the bank’s chief
7,627 crore, its highest ever, sending
executive, following the resignation
its shares up over 1 per cent. In the
of Jes Staley after a report by UK
year-ago quarter, the country’s largest
regulators explored links with late
lender had reported a net profit of Rs
financier and sex offender Jeffrey
4,574 crore.
Epstein. Born in Mysuru, Karnataka,
Petrol, diesel to get cheaper as govt Venkatakrishnan went to the United
slashes excise duty States for higher education, and
completed S.B (Bachelor of Science),
In a major announcement on the eve
S.M. (Masters of Science) and Ph.D
of Diwali, the Centre on Wednesday
degrees from the Massachusetts
slashed the excise duty on petrol and
Institute of Technology.
diesel by Rs 5 and Rs 10 respectively.
The reduction will boost consumption
and keep inflation low, thus helping
the poor and the middle classes, the
finance ministry said in a statement.
The ministry noted that crude oil
prices have witnessed a global
upsurge in the recent months.
“Consequently, domestic prices of
petrol and diesel had increased in
.
recent weeks exerting inflationary
India's services activity expanded at
pressure.”
fastest pace in over decade in
October: PMI
India's services sector activity
expanded at the strongest pace in
ten-and-half years in October, driven
by a substantial upturn in business
IOC to set up 10,000 EV charging activity amid favourable demand
stations in 3 years conditions, a monthly survey said on
Wednesday.
The Indian Oil Corporation (IOC), the
nation's largest oil firm, will set up
10,000 charging stations for electric
vehicles (EVs) in the next three years
as it prepares for the energy transition
leading to net-zero by 2070, its
chairman Shrikant Madhav Vaidya
said on Wednesday.
Companies indicated that a notable
pick-up in new business led to the
fastest expansion in output in over a
decade.
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INTERNATIONAL NEWS
Afghan interim foreign minister to
visit Pakistan with resetting bilateral
ties high on agenda
The interim foreign minister of the
Taliban government in Afghanistan is
expected to visit Pakistan in the
coming days as part of efforts by the
two sides to reset their ties in the
wake of the Taliban's takeover of
Kabul, a media report said on 6th
November 2021.
China's exports stay strong, trade
surplus hits $84 billion
China's exports remained strong in
October, a positive sign for an
economy trying to weather power
shortages and COVID-19 outbreaks.
The country's customs agency said
Sunday that exports totaled USD
300.2 billion, up 27.1 percent from a
year ago. That was down from a 28.1
percent increase in September but still
healthy. Imports came in at USD
215.7 billion, a 20.6 percent rise.
Elon Musk asks on Twitter if he
should sell some Tesla stock
Tesla Inc Chief Executive Elon Musk
asked his 62.5 million followers on
Twitter in a poll if he should sell 10%
of his Tesla stock.
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The world's richest person had
previously said he could face a
"massive" tax bill this year as he has
to exercise a large number of stock
options coming due next year.
Moderna finds that inventing a
COVID-19 vaccine was the easy
part
Moderna Inc. has some of the
highest-flying science in the biotech
business. It brought its messenger
RNA vaccine to the market in less
than a year, faster than almost anyone
thought possible.
But more than 10 months after U.S.
regulators first authorized its potent
shot, Moderna is finding that
inventing a Covid-19 vaccine was
actually a relatively straightforward
task compared with what would come
next.
Roads, transit, internet: What's in
the infrastructure bill
The House has passed a $1 trillion
bipartisan plan to rebuild roads and
bridges, modernise public works
systems and boost broadband internet,
among other major improvements to
the nation's infrastructure.
After Evergrande, another Chinese
real estate developer Kaisa at risk
of default
After China's property giant
Evergrande Group faced a debt
repayment deadline, another real
estate developer Kaisa Group is at
risk of default, escalating fears of
further problems in the country's
embattled property sector.
Shares of Kaisa Group, a
Shenzhen-based developer, were
suspended from trading on Friday in
Hong Kong. The company's
subsidiaries, which were also halted
from trading, cited a "pending"
announcement about the group in
stock exchange filings.
U.S. Democrats pass $1 trillion
infrastructure bill, ending daylong
standoff
Democrats set aside divisions
between progressives and centrists to
pass a $1 trillion package of highway,
broadband and other infrastructure
improvement, sending it on to
President Joe Biden to sign into law.
The 228-to-206 vote late on Friday is
a substantial triumph for Biden's
Democrats, who have bickered for
months over the ambitious spending
bills that make up the bulk of his
domestic agenda.
3
SCIENCE AND TECHNOLOGY
China successfully launches 3 new
remote sensing satellites
China on Saturday successfully
launched three new remote sensing
satellites from the Xichang Satellite
Launch Centre in the country's
southwestern Sichuan province,
official media reported.
The satellites, belonging to the
Yaogan-35 family, were launched by a
Long March-2D carrier rocket and
entered the planned orbit successfully,
according to the Xinhua news agency.
DoT forms innovation group for 6G
technology
The Department of
Telecommunications (DoT) has
formed a technology innovation group
on the next frontier, the sixth
generation (6G), hoping to take the
lead in the development of the
technology globally.
Telecom secretary K Rajaraman will
head the initiative as chairperson and
the forum aims to create vision and
objectives as well as develop a
roadmap for research and
development (R&D),
pre-standardisation, development of
applications and products, and action
plans for 6G technology.
India's first manned ocean mission
'Samudrayan' launched
India's first manned ocean mission
'Samudrayan' was launched here on
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Friday by Union Minister Jitendra Financial Services said the stock may
Singh and with this the nation joined jump nearly 18 per cent from current
an elite club of nations having such levels. Compared to its IPO price, the
underwater vehicles for carrying out stock will nearly double.
subsea activities. The nation has made
huge progress in science and
technology and when an Indian goes
up into space as part of the
Gaganyaan programme, another
would dive deep into the ocean.
Clean Science is a speciality chemical
maker which uses novel methods of
producing its products. The company
claims its methods are more
IIT Delhi to offer MTech in environmentally-friendly. It has
Machine Intelligence and Data emerged as the global leader in most
Science from 2022 of its product categories on the back
of niche product offerings.
The Indian Institute of Technology
(IIT), Delhi will start a new post
DNA studies help unravel
graduate programme focused on
evolutionary history of rhinoceros
artificial intelligence from next year,
according to officials. "The School of
A study published in August in the
Artificial Intelligence (ScAI) at IIT
journal Cell has shed light on the
Delhi will start a new post graduate
evolutionary history of the rhinoceros.
programme focused on artificial
The rhinoceros family belongs to the
intelligence. IIT Delhi's Senate, the
Rhinocerotidae clade, which also
faculty body responsible for taking all
includes the tapirs. A clade includes
major educational decisions, has
species from a single common
approved the proposed programme
ancestor.
titled "M Tech in Machine
Intelligence and Data Science
(MINDS),"a top official of the
institute said.
The rhinoceros family diverged from
the tapir family some 55-60 million
Motilal Oswal sees 18% upside in
freshly-debuted Clean Science years ago. The family then evolved
into over a hundred species
NEW DELHI: Initiating coverage of distributed across the world, but only
Clean Science and Technology, nine of them survived to the Late
domestic brokerage Motilal Oswal Pleistocene age.
4
SPORTS
Novak Djokovic reaches Paris final
to end record 7th year as No. 1
Novak Djokovic will end the year at
No. 1 for a record seventh time after
rallying to beat Hubert Hurkacz 3-6,
6-0, 7-6 (5) in the Paris Masters semi
finals on Saturday. Djokovic, who
also stays on course for a
record-extending sixth Paris Masters
title, moved one ahead of American
Pete Sampras, who secured his six top
year-end finishes from 1993-98.
"That was the goal this week. I'm very
proud to finish the season as No. 1,"
Djokovic said.
Australia into T20 World Cup
semi-finals, South Africa out
Australia booked their Twenty20
World Cup semi-final spot after South
Africa failed to limit England to fewer
than 131 runs in their Super 12 clash
and bowed out on Saturday.
South Africa posted a challenging 189
for two with Rassie van der Dussen
hitting an unbeaten 94 in Sharjah but
they needed a big win to improve
their run-rate over Australia.
The Aussies hammered West Indies
by eight wickets in the first match of
the day to go level on points with
England who also made the final four.
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Lionel Messi called up for
Argentina qualifiers despite injury
Lionel Messi was included in the
Argentina squad for two upcoming
World Cup qualifiers against Uruguay
and Brazil despite having struggled
with a knee injury in recent weeks.
Messi didn't play in Paris
Saint-Germain's 2-2 draw at Red Bull
Leipzig in the Champions League on
Wednesday but was still included by
coach Lionel Scaloni for the games on
November 12 and November 16.
T20 WC: WI all-rounder Dwayne
Bravo to retire after showpiece
event
West Indies all-rounder Dwayne
Bravo will hang his boots at the end
of the ICC T20 World Cup.
Moments after West Indies' loss to Sri
Lanka on Thursday, Bravo told ICC
on the post-match Facebook Live
show that he will be drawing the
curtains on his international career
after the showpiece event.
"I think the time has come," Bravo
said. "I've had a very good career. To
represent the West Indies for 18 years,
had some ups and downs, but as I
look back at it I'm very grateful to
represent the region and the
Caribbean people for so long.
"To win three ICC trophies, two with
my captain (Daren Sammy) on the left
here. One thing I am proud about is
that in the era of cricketers we had we
were able to make a name for
ourselves on the global stage."
It's end of a generation for West
Indies cricket, admits Kieron
Pollard
Disappointed at crashing out of the
T20 World Cup with just one win
from five matches, West Indies
skipper Kieron Pollard on Saturday
admitted that it's the "end of a
generation" for the Caribbeans and
they need to start from the scratch to
build a world beating side. Veteran
opener David Warner produced a
feisty unbeaten 89 as Australia
recorded a facile eight-wicket win
over the West Indies to stay alive in
the semi final race at the showpiece.
Honoured to be awarded Khel
Ratna: Neeraj Chopra
Named for the prestigious Major
Dhyan Chand Khel Ratna after
winning a historic gold in the Tokyo
Olympics, star javelin thrower Neeraj
Chopra on Wednesday said he would
continue to work hard to bring more
laurels for the country. The 23-year
old Chopra, who became only the
second Indian to win an individual
Olympic gold in the Tokyo Games, is
among the 12 sports persons named
for the country's highest sporting
award.
5
 INDUSTRY FACTS
● As of June 2021, India was the
world’s second-largest producer of
crude steel with production of 9.4
MT. The growth in the Indian steel
sector has been driven by domestic
availability of raw materials such as
iron or(US$ 5.37 billion).
● Consequently, the steel sector has
been a major contributor to India’s
manufacturing output.
● In FY21, the production of crude
steel and finished steel stood a
102.49 MT and 94.66 MT,
respectively. According to CARE
Ratings, crude steel production is
expected to reach 112-114 MT
(million tonne), an increase of
8-9% YoY in FY22. The
consumption of finished steel stood
at 93.43 MT in FY21.
● Steel industry and its associated
mining and metallurgy sectors have
seen major investments and
developments in the recent past.
● According to the data released by
the Department for Promotion of
Industry and Internal Trade
(DPIIT), between April 2000 and
March 2021, Indian metallurgical
industries attracted FDI inflows of
US$ 14.74 billion.
● In July 2021, the Union Cabinet
approved the production-linked
incentive (PLI) scheme for
specialty steel. The scheme is
expected to attract investment
worth ~Rs. 400 billion.
● The National Steel Policy, 2017
envisages 300 million tonnes of
production capacity by 2030-31.
The per capita consumption of steel
has increased from 57.6 kgs to 74.1
kgs during the last five years. The
government has a fixed objective of
increasing rural consumption of
steel from the current 19.6 kg/per
capita to 38 kg/per capita by
2030-31.
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ENTREPRENEUR
Name: Falguni Nayar
Occupation: Founder ( Nykaa )
● She founded Nykaa, derived from the
Sanskrit term for heroine, with a seed
investment in April 2012. It has now
filed papers to raise Rs 4000 crore
via an initial public offering. Nykaa's
IPO will be a watershed moment for
Internet IPOs and will inspire a
generation of women entrepreneurs.
● Nykaa is one of the most unique
startups to be hitting the public
markets this year.
● It is the only woman-led unicorn to go
public amid a rush of Internet IPOs in
India. Promoters still hold a majority
stake in the company & it is
profitable.
● Born and raised in Mumbai, Falguni
graduated from Sydenham College of
Commerce & Economics, with a
postgraduate degree from the Indian
Institute of Management, Ahmedabad.
● She was 49 years old and wanted to
start up before turning 50.
● Nykaa is currently one of India's
leading online beauty retailers, with a
growing offline presence.
● Nykaa's subsidiaries sell everything
from beauty and wellness products to
fashion garments & accessories.
● It has now filed papers to raise Rs
4000 crore via an initial public
offering. Nykaa's IPO will be a
watershed moment for Internet IPOs
and will inspire a generation of
women entrepreneurs.
● Apart from Falguni, her husband
Sanjay Nayar, children- Adwaita and
Anchit also hold key roles in the
company.
STARTUP
BoAt is an Indian based consumer
electronics brand established in 2015
that markets earphones, headphones
stereos, travel chargers and premium
rugged cables. Imagine Marketing
Services Private Limited, which does
business as BoAt, was incorporated in
November 2013 by co-founders
Sameer Ashok Mehta and Aman
Gupta.
BoAt designs and markets a variety of
audio-focused consumer electronics
including wireless earbuds, wired
headphones, wireless speakers, home
audio equipment, and an assortment
of mobile phone accessories.
BoAt promotes its products through a
combination of influencer marketing
and brand tie-ins with sports teams
and public events.
BoAt calls its brand influencers
"boAtheads." Its brand influencers
include Indian singers like Neha
Kakkar and rapper Naved Shaikh
(also known as Naezy), as well as
athletes like cricketers Hardik Pandya
and Shreyas Iyer, among others.
Website https://www.boat-
lifestyle.com/
Founders Aman Gupta
Sameer Mehta
Launched 2016