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NITI Aayog releases Study coveted Golden Peacock Award for Best
Report on Carbon Film, for its electrifying portrayal of
adulthood. The film is Directed by Valentina
Capture, Utilisation and Storage
Maurel, a Costa Rican film maker. Click here
the National Institution for Transforming India
to read more.
(NITI) Aayog released a study report titled ‘Carbon
Capture, Utilisation and Storage (CCUS) Policy
Framework and its Deployment Mechanism in India’s Maternal Mortality Ratio declines
India’. to 97 Per Lakh Live Births in 2018-20
✓ It is prepared by the M. N. Dastur & A Special Bulletin on Maternal Mortality in India
Company (P) Ltd. which received the 2018-20 was released by the office of the Registrar
financial assistance under the Research General and Census Commissioner of India. As per
Scheme of NITI Aayog. it, the Maternal Mortality Ratio (MMR) has declined
✓ The report explores the importance of CCUS from 130 per lakh live births in 2014-16 to 97 per
as an emission reduction strategy to achieve lakh live births in 2018-20.
deep decarbonization from the hard-to- ✓ Assam has the highest MMR of 195
abate sectors. while Kerala has the lowest of 19 per lakh
live births.
53rd Edition of International Film ✓ Assam is followed by Madhya Pradesh with
MMR of 173 per lakh live births and Uttar
Festival of India hosted in Goa –
Pradesh 167.
November 20 – 28, 2022 ✓ Kerala is followed by Maharashtra (33) and
The 53rd International Film Festival of India (IFFI) Telangana (43).
was held in Goa from November 20 – 28, 2022. IFFI ✓ MMR in Punjab and Haryana continues to
is an annual film festival, which has been organized be higher than the national average of 97.
with the philosophy of “Vasudhaiva Click here to read more.
Kutumbakam” (the world is one family) at its core.
IFFI is jointly organized by the National Film
Development Corporation and the Entertainment
BIS Signs MoU with top 6 engineering
Society of Goa. institutes to Introducing Indian
✓ Konidela Siva Sankara Vara Prasad, better Standards in Curriculum
known by his stage name Chiranjeevi, was MoU b/w: Bureau of Indian Standards (BIS) with
given the Indian Film Personality of the top six engineering institutes of India
Year Award for 2022. He is widely regarded Purpose: for introducing Indian standards as an
as the Mega Star of Tollywood and he has integral part of the curriculum.
also received the Padma Bhushan award in ✓ The MoU was signed with the Indian
2006. Institute of Technology (IIT) BHU,Varanasi,
✓ The Iranian film “Nargesi,” directed by Uttar Pradesh, Malaviya National Institute
Payam Eskandari, was awarded the ‘ICFT- of Technology (MNIT) Jaipur, IIT Indore, IIT
UNESCO Gandhi Medal’ at the 53rd Patna, IIT Madras and National Institute of
International Film Festival of India. Technology (NIT) Trichy for the
✓ ‘Tengo sueños eléctricos / I HAVE establishment of ‘BIS Standardization Chair
ELECTRIC DREAMS’ was awarded the Professor’ at these institutes.
at Maharashtra
The 12th edition of Agni Warrior (XAW) 2022, a GoI Revises Scheme for Intellectual
bilateral exercise between the Singapore Armed Property Protection to Upgrade
Forces (SAF) & Indian Army (IA) was held at Field Professional Charges of Facilitators
Firing Ranges, Devlali in Maharashtra from The Government of India (GoI) has revised the
November 13 – 30, 2022. scheme for supporting Start-Ups Intellectual
Property Protection (SIPP), significantly raising
Indian Army trains kites to Destroy the facilitation fees by at least 100%. The updated
Enemy Drones scheme is effective from December 2, 2022.
Indian Army forces are training Kites to prey on ✓ SIPP was launched in 2016 to protect and
enemy drones in a first-of-its-kind operation. The promote Intellectual Property Rights (IPR)
military conducts operations with trained birds and of Startups, while encouraging innovation
dogs. Indian army used a kite named ‘Arjun’. and creativity.
✓ A 15-day-long exercise, ‘Yudh Abhyas 22’,
the 18th edition of the Indo-US joint Civil Aviation Ministry Notifies
training exercise, began on 26th November Operational Guidelines for Drone PLI
2022 in Auli, Uttarakhand. Scheme
The operational guidelines for the Production
India’s Unemployment rate rises to Linked Incentive (PLI) scheme for drones and
three-month high at 8% in drone components has been notified by
November 2022: CMIE the Ministry of Civil Aviation (MoCA), after
As per the data by the Centre for Monitoring consultation with stakeholders, including industry
Indian Economy (CMIE) Private Limited, India’s representatives.
unemployment rate (UR) increased to a three- ✓ The PLI scheme, with a funding of Rs. 120
month high at 8% during November 2022. crore, has been authorized by the
✓ The UR in urban India was higher Government of India (GoI), and it would be
at 8.96% as compared to 7.21% in October implemented during the 2022-23 to 2024-
2022. 25 period.
India Extends Financial Assistance issuer to 12% of the Net Asset Value (NAV) from
Worth USD 100 million to Maldives 10% w.e.f. November 29, 2022 on all new schemes.
India has provided financial assistance of USD 100 ✓ Existing schemes will be exempt until the
million in the form of Budgetary support to maturity of the underlying debt and money
the Maldives government to ease its difficult market securities.
economic challenges. ✓ MF schemes cannot invest more than 10%
✓ The financial support will be provided of its NAV in debt and money market
through subscription in Maldives’ securities rated AAA, and 8% of a scheme’s
Government Domestic Treasury bonds by NAV in securities rated AA.
SBI, Malé, Maldives.
SBM Bank & OPEN Partners to Launch
SEBI hikes debt funds’ limit to 12% Asia’s first end-to-end Embedded
in Single Issuer Securities Finance Platform
The Securities and Exchange Board of India Partnership b/w: SBM Bank India with Open
(SEBI) has increased the investment limit of mutual Financial Technologies Private Limited
funds (MFs) in debt instruments issued by a single Purpose: to launch Asia’s first end-to-end
Embedded Finance platform, ‘Zwitch’.
India’s Economic Growth slows to 6.3% TCS bags 6 years Contract from RDG to
in Q2FY23: NSO Data Create the UK’s Rail Data Marketplace
The National Statistical Office (NSO), Ministry of Tata Consultancy Services (TCS) announced that it
Statistics and Programme Implementation, (MoSPI) had been selected by the Rail Delivery Group (RDG)
released the Estimates of Gross Domestic Product to design, develop, implement, and operate the UK’s
(GDP) for the Second Quarter (July-September) Rail Data Marketplace (RDM).
2022-23 or Q2FY23. ✓ The contract between TCS and RDG is for a
✓ As per it, India’s gross domestic product term of 6 years including an extension term
(GDP) for the Q2FY23 slowed to 6.3% as opportunity.
compared to the expansion of 8.4% in
Q2FY22. It was 13.5% in the April-June IDFC AMC to be renamed as Bandhan
quarter of FY23 (Q1FY23). Mutual Fund as Regulators approve
✓ However, Indian economy is on track to
Change in Ownership
achieve an 8-7% GDP growth in FY23. Click
The Securities and Exchange Board of India (SEBI)
here to read more.
approved the Bandhan-led consortium’s proposed
acquisition of IDFC Asset Management Company.
REC Ltd signs MoU with PFC Ltd for ✓ After the acquisition, IDFC AMC will be
FY2022-2023 renamed Bandhan AMC and IDFC Mutual
REC Limited (formerly Rural Electrification Fund is proposed to be renamed Bandhan
Corporation Limited) signed a Memorandum of Mutual Fund.
Understanding (MoU) with Power Finance
Corporation Ltd (PFC), according to the S&P Global Lowers India’s Growth
Department of Public Enterprises (DPE)
Forecast; Pegs It at 6% For 2023
Performance Evaluation System for FY 2022–23 for
S&P Global Ratings reduced India’s real Gross
Central Public Sector Enterprises (CPSEs).
Domestic Product (GDP) growth for the following
✓ Vivek Kumar Dewangan, Chairman &
two fiscal years by 0.5 percentage points, citing a
Managing Director (CMD) of REC signed the
downturn in global demand, in its report “Global
MoU with Ravinder Singh Dhillon, CMD of
Credit Outlook 2023: No Easy Way Out”. GDP is
PFC.
expected to be 7% and 6% in fiscal years 2022 and
2023, respectively.
✓ S&P Global Ratings has calculated the fiscal
years as: 2022 = Financial year (FY) 2022 /
23 and 2023 = FY 2023 / 24.
Kerala Green Start-up Tree Tag bags 2022 Burgundy Private Hurun India
award in ‘Climathon-2022’ 500: Reliance Most Valued Indian Firm;
Tree Tag, a green start-up founded by climate- TCS Emerges Winner in India’s Top 10
conscious individuals from Kerala, striving to Private Employers’ List
reduce carbon emissions through tech-integrated The “2022 Burgundy Private Hurun India
afforestation projects, has won the Climathon 500,” the second edition of the list that ranks the
2022, the hackathon held at Kerala Technology 500 most valuable firms in India, was published by
Innovation Zone (KTIZ), Kochi, Kerala from 26 to Burgundy Private, Axis Bank’s Private Banking
27th November 2022. Business, and Hurun India. The cut-off date for this
✓ The Tree Tag team won the award under list was October 30, 2022.
the category of Life On Land, addressing According to the list, Reliance Industries
the problem statement such as ‘monitoring Limited (RIL) is the most valuable listed
and protecting existing forest eco-systems’. company in India, with a valuation of Rs 17.2 lakh
✓ Climathon-2022 focused on climate change crore, up 3.6% from 2021.
with the theme- ‘Securing a sustainable
and climate-resilient future’. Click here to
read more.
Tata group & Singapore Airlines agrees RBI Grants Conditional Approval to
to merge Air India and Vistara Carlyle Group, Verventa Holdings to Buy
Singapore Airlines (SIA) and Tata Sons (Tata) 10% Stake in YES Bank
agreed to merge Air India and Vistara, with SIA The Reserve Bank of India (RBI) has granted a
also investing Rs 20,585 million (SD 360 million, conditional approval to the Carlyle Group
USD 250 million) in Air India as part of the and Verventa Holdings to acquire 9.99 % of paid
transaction. up share capital each in YES Bank through
✓ As a result, SIA would hold a 25.1% share subscription to equity shares and share warrants of
in an enlarged Air India group that would the Bank.
have a significant presence in all important
market segments. SIA and Tata aim to
complete the merger by March 2024.
JAXA Uses Steam to Successfully Propel Israeli Navy successful test fired long-
its Moon Spacecraft, EQUULEUS range interceptor missile against cruise
Japan Aerospace Exploration Agency (JAXA) has missile
successfully used steam (water) to propel its The Israeli Navy successfully tested the first-of-
CubeSat EQUilibriUm Lunar-Earth point 6U its-kind long-range interceptor missile against an
Spacecraft (EQUULEUS), that was launched as one “advanced” cruise missile LRAD, part of the Barak
of the payloads aboard National Aeronautics and MX defense system. LRAD was launched from a
Space Administration (NASA)’s Orion spacecraft. Sa’ar 6-class corvette INS Magen. "INS" stands for
✓ This is the world’s first successful orbit "Israeli Navy Ship".
control beyond low-earth orbit (LEO) using ✓ LARD was developed by the Israeli
a steam (water) propellant propulsion Aerospace Industries and the Defense
system. Ministry’s research and development
✓ The EQUULEUS has been placed in its division, known by the Hebrew
planned orbit towards the second Earth- acronym MAFAT.
Moon Lagrange point (EML2), a position
that is situated beyond the Moon. China launches three astronauts to
Tiangong space station
ICG commissioned new ALH Mk-III China launched a spacecraft with a 3-person crew
squadron, 840 squadron, in Chennai to its under-construction Tiangong space station
The Director General of Indian Coast Guard(ICG), amid intensifying competition with the United
VS Pathania, commissioned 840 Squadron (840 States. It landed about 6 hours after the launch.
Sqn (CG)), an ICG Advanced Light Helicopter (ALH) ✓ The Shenzhou-15 spaceship carrying the
Mk-III squadron, at ICG Air Station, Chennai, Tamil aircraft was launched from the Jiuquan
Nadu. Satellite Launch Centre in Northwest
✓ ALH Mk-III helicopters are indigenously China.
manufactured by Hindustan Aeronautics
Limited (HAL). B-21 Raider: US unveils 6th generation
Nuclear Bomber
The United States (US) Airforce has unveiled its
newest nuclear stealth bomber, the B-21 Raider,
which is world’s first Sixth-Generation Aircraft.
ENVIRONMENT
Elaliite & Elkinstantonite: 2 New El Ali Meteorite, which was found in Somalia in
Minerals Discovered in El Ali Meteorite 2020.
✓ Elaliite comes from the name of El Ali
in Somalia
meteorite, and Elkinstantonite is named
A team of researchers from the University of
in honour of Vice president at Arizona State
Alberta (U of A) have discovered 2 new non-earth
University Lindy Elkins-Tanton, principal
minerals – elaliite and elkinstantonite, from the
SPORTS
Meltwater Champions Chess Tour 2022: 2022 is the 21st edition of the senior men’s 50-over
Magnus Carlsen Wins finals defeating cricket tournament.
✓ The Vijay Hazare Trophy, (officially
Jan-Krzysztof Duda
known as Mastercard Vijay Hazare trophy
World Champion Magnus Carlsen of Norway
for sponsorship reasons) also known as
defeated Poland’s Jan-Krzysztof Duda in the
the Ranji One-Day Trophy, was started in
Meltwater Champions Chess Tour (MCCT) finals
2002-03. It is named after the legendary
2022 held at the SHACK15 venue in San Francisco,
Indian cricketer Vijay Hazare.
United States of America (USA).
✓ Tamil Nadu is the most successful team
MCCT 2022 is a series of 9 online chess
having won the trophy 5 times.
tournaments that started on 19th February 2022
and ended on 20th November 2022.
✓ Indian Grandmaster Rameshbabu
Arjun Erigaisi & Vaishali Rameshbabu
Praggnanandhaa(R Praggnanandhaa) Wins Blitz Title in 2022 Tata Steel Chess
defeated compatriot Arjun Erigaisi in the India Blitz
7th & final round of the tour to finish 5th in Indian Grand Master (GM) Arjun Erigaisi won
the final standing. the 2022 Tata Steel Chess India Open
MCCT 2022 Finals standing & Prize money: Blitz defeating American GM Hikaru Nakamura at
Rank Name Earning(USD) the 2022 TATA Steel Chess India(TSCI) Rapid and
Blitz, 4th edition of the tournament, held from
1 Magnus Carlsen 50000
29th November to 4th December 2022 in Kolkata,
2 Wesley So 32500 West Bengal.
3 Liem Le 27500 ✓ Indian International Master (IM) Vaishali
Rameshbabu defeated Ukrainian GM
4 Jan-Krzysztof Duda 25000
Mariya Muzychuk to win the 2022 Tata
5 R Praggnanandhaa 22500 Steel Chess India Women’s Blitz title. She
Click here to read more. becomes the first-ever Tata Steel Chess
India 2022 Women Blitz champion.
Saurashtra beats Maharashtra to win
Vijay Hazare Trophy 2022
Saurashtra won the Vijay Hazare Trophy 2022 title
by defeating Maharashtra by 5 wickets
(Saurashtra – 249/5, Maharashtra – 248/9) in
the final held at Narendra Modi Stadium Ground ‘A’,
Motera, Ahmedabad (Gujarat). Vijay Hazare Trophy
OBITUARY
IMPORTANT DAYS