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THE SPATE OF KNOWLEDGE

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"Biden's Birthday Blunder: Mix-up
TOP 5 PICKS
Between Taylor Swift and Britney
"Biden's Birthday Blunder: Spears at Thanksgiving Event
Mix-up Between Taylor President Biden, celebrating his 81st birthday,
Swift and Britney Spears mistakenly referred to Taylor Swift as Britney
at Thanksgiving Event Spears during the White House Thanksgiving
ceremony. Humorous remarks about his age
Biden's Diplomatic Push: ensued, including contemplation of re-election.
Behind-the-Scenes Effort Meanwhile, tragedy struck at a Swift concert in
Brazil as a fan succumbed to heat. Swift
Leads to Hostage Release
postponed the next show, expressing deep
Deal in Israel-Gaza
sorrow and prioritizing safety.
Conflict

Sam Altman Set to Return


as OpenAI CEO Amid Biden's Diplomatic Push: Behind-the-
Employee Uproar Scenes Effort Leads to Hostage
Release Deal in Israel-Gaza Conflict
Gautam Gambhir Ends In a covert operation, President Biden, with
Stint with Lucknow Super Qatari mediation, successfully secured a
Giants, Returns to Kolkata prisoner swap deal between Israel and Hamas,
resulting in the release of 50 hostages in
Knight Riders as Mentor
exchange for 150 Palestinian prisoners. The
intricate process involved personal diplomacy,
Zerodha CEO Highlights daily briefings, and intense negotiations,
'Dichotomy' as Rich ultimately preventing a potential ground
Americans Invest in India offensive and bringing a temporary halt to the
While Young Indians Chase conflict.
the American Dream
NOVEMBER 22, 2023

Sam Altman Set to Return as OpenAI CEO Amid Employee


Uproar

Following widespread employee discontent


over Sam Altman's abrupt removal, OpenAI
announces an agreement in principle for
Altman's return as CEO, accompanied by a
revamped board. Microsoft CEO Satya Nadella
supports this move, emphasizing the
importance of stabilizing OpenAI's governance.
The shakeup ensued from disagreements on AI
development speed, leading to Altman's initial
dismissal and subsequent negotiations.

Gautam Gambhir Ends Stint with Lucknow Super Giants,


Returns to Kolkata Knight Riders as Mentor

Former Indian cricketer Gautam Gambhir bids


farewell to Lucknow Super Giants after a two-
year stint, emotionally announcing his return to
Kolkata Knight Riders as a mentor. KKR's CEO
Venky Mysore confirms the decision, and co-
owner Shah Rukh Khan welcomes Gambhir,
terming it the 'return of their captain.' Gambhir
expresses gratitude to LSG in a heartfelt post.

Zerodha CEO Highlights 'Dichotomy' as Rich Americans


Invest in India While Young Indians Chase the American
Dream
Zerodha CEO Nithin Kamath questions the
trend of young Indians moving to the US for
opportunities despite India's booming
economy. Kamath points out the contrast
where affluent Americans invest in India,
emphasizing a perceived dichotomy. The
discussion arises as India surpasses China in
sending the largest number of international
graduate students to the US, according to 'The
Open Doors 2023' report.
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NATION
In This Issue

BJP to Lodge Complaint


Against Rahul Gandhi for
'Panauti' Jibe at PM Modi

Karnataka Lokayukta Takes


Suo Motu Cognisance of
Bengaluru Electrocution
Deaths, Initiates Probe

Rajasthan CM Ashok Gehlot


Criticizes Delay in NIA Probe
BJP to Lodge Complaint Against
on Tailor's Murder, Alleges
Rahul Gandhi for 'Panauti' Jibe at PM BJP Links
Modi
Ravindra Jadeja's Wife Lauds
The Bharatiya Janata Party (BJP) plans to file
an Election Commission complaint against PM Modi for Consoling Team
Congress leader Rahul Gandhi for labeling India Post-World Cup Defeat
Prime Minister Narendra Modi a 'panauti' (bad
omen) in connection with India's loss in the
2023 World Cup final. Gandhi's comments LDF Convenor Hints at
drew sharp criticism from the BJP, branding Potential IUML Leaders
them as "shameful and disgraceful," while Joining Alliance Despite
Congress leaders rallied in support. Party's UDF Commitment

Karnataka Lokayukta Takes Suo Motu Cognisance of


Bengaluru Electrocution Deaths, Initiates Probe
The Karnataka Lokayukta initiates a suo motu
inquiry into the electrocution deaths of a
mother and her infant daughter in Bengaluru.
Seeking a detailed report from the police, the
Lokayukta also forms its team for a thorough
investigation. The National Human Rights
Commission (NHRC) had previously issued
notices, and Karnataka's Energy Minister
suspended five officials from BESCOM for
negligence.
NOVEMBER 22, 2023

Rajasthan CM Ashok Gehlot Criticizes Delay in NIA Probe on


Tailor's Murder, Alleges BJP Links
Rajasthan Chief Minister Ashok Gehlot
expresses dissatisfaction over the National
Investigation Agency's (NIA) progress in the
Kanhaiya Lal Teli murder case, suggesting a
potential delay due to upcoming elections.
Gehlot previously claimed the accused had ties
to the BJP. The tailor was killed for supporting a
controversial BJP leader's social media post,
seen as insulting to Islam.

Ravindra Jadeja's Wife Lauds PM Modi for Consoling Team


India Post-World Cup Defeat
Rivaba Jadeja, BJP MLA and wife of cricketer
Ravindra Jadeja, praises Prime Minister
Narendra Modi for consoling and boosting the
morale of Team India in the dressing room after
their World Cup final loss to Australia. She hails
Modi's compassionate statesmanship and
highlights his unwavering leadership in
moments of victory and defeat.

LDF Convenor Hints at Potential IUML Leaders Joining


Alliance Despite Party's UDF Commitment

Ruling LDF Convenor EP Jayarajan suggests that


some leaders from IUML may be interested in
joining the CPI(M)-led alliance, contrary to the
party's commitment to the UDF. Despite IUML
supremo Sayyid Sadik Ali Shihab reaffirming
their dedication to the Congress-led UDF,
Jayarajan remains optimistic about potential
defections. IUML leader PK Kunhalikutty rejects
the remarks, emphasizing the party's unity with
the UDF
WORLD
In This Issue

Russian Satanist Cult Killer


Pardoned by Putin, Allegedly
Joins War in Ukraine

Biden Expresses Relief as


Hostage Deal Reached in
Israel-Hamas Conflict

Finland Accuses Russia of


Russian Satanist Cult Killer Deliberately Pushing Asylum
Pardoned by Putin, Allegedly Joins Seekers, Humanitarian Crisis
Unfolds at Arctic Border
War in Ukraine
Russian President Vladimir Putin has Trump Media Group
pardoned Nikolai Ogolobyak, a convicted Launches $1.5B Lawsuit
member of a Satanic cult serving a 20-year Against Media Outlets Over
sentence for killing four teenagers in a Truth Social Reports
ritualistic murder. Ogolobyak was reportedly
freed in exchange for participating in the war raq Condemns US Airstrikes
in Ukraine. The cult, accused of desecrating on Iran-Backed Groups as
victims' bodies and consuming organs, gained Violation of Sovereignty
notoriety during Ogolobyak's trial.

Biden Expresses Relief as Hostage Deal Reached in Israel-


Hamas Conflict
President Joe Biden expressed deep relief as a
breakthrough deal was reached, leading to the
imminent release of hostages taken during the
October 7 incursion by Hamas operatives into
Israel. Biden credited the critical leadership of
Qatar and Egypt, as well as Israel's agreement to
a temporary ceasefire for humanitarian aid. The
truce marks a significant diplomatic
development amid the ongoing conflict.
NOVEMBER 22, 2023

Finland Accuses Russia of Deliberately Pushing Asylum


Seekers, Humanitarian Crisis Unfolds at Arctic Border
Finland has accused Russia of deliberately
pushing over 500 asylum seekers to its border,
causing a humanitarian crisis at the Arctic
checkpoint. The stranded migrants, mostly from
Somalia, Syria, Yemen, and Iraq, face freezing
temperatures. Finland contends that Russia
orchestrated the situation, a claim Moscow
denies. While the Salla checkpoint is open,
Finland closed four other border crossings last
week. The tensions come amid Finland's recent
NATO membership, with Moscow warning of
"countermeasures."

Trump Media Group Launches $1.5B Lawsuit Against Media


Outlets Over Truth Social Reports
TMTG, owned by former President Donald
Trump, is suing 20 media outlets, including
Newsweek and CNBC, for $1.5 billion over
reports claiming a $73 million loss since Truth
Social's launch. TMTG denies the allegations,
alleging a coordinated effort to damage its
reputation and disrupt the merger with Digital
World Acquisition Corporation. The legal battle
comes amid Truth Social's financial struggles,
reporting a total net loss of $31.5 million until
June 30, 2023. The lawsuit seeks damages and
injunctive relief.

Iraq Condemns US Airstrikes on Iran-Backed Groups as


Violation of Sovereignty

Iraq strongly condemned recent US airstrikes on


its soil targeting Iran-backed groups, terming it a
violation of sovereignty. The government
spokesperson criticized the strikes, carried out
"without the knowledge of Iraqi government
agencies," while also condemning the Iran-
backed groups for attacks on US troops. The
airstrikes come in response to at least 32 attacks
on US targets in Iraq since October, according to
the Pentagon.
BUSINESS
FINANCE | ECONOMICS | COMMERCE

In This Issue

Amazon India Pioneers


Inland Water Transport for E-
commerce Deliveries in
Partnership with IWAI
RBI Governor Cautions
Financial Sector on Credit
Growth and Exuberance

Foreign Investment in Indian


Amazon India Pioneers Inland Water Bonds Surges to Highest
Transport for E-commerce Deliveries Level Since 2017
in Partnership with IWAI
Amazon India partners with the Inland Tata Technologies' Rs 3,042.5
Waterways Authority of India (IWAI) to Crore IPO Fully Subscribed
introduce inland water transport for customer Within Minutes of Opening
package delivery, becoming the first e-
commerce company in the country to
leverage inland waterways. The initiative aims Raymond Ltd. Shares Fall for
to enhance logistics efficiency, providing a Seventh Day Amid Chairman's
sustainable and economical mode of
Acrimonious Divorce
transport. The collaboration will enable
containerized cargo movement through rivers,
contributing to faster and cost-effective
deliveries for Amazon and the broader e-
commerce industry.

RBI Governor Cautions Financial Sector on Credit Growth


and Exuberance
RBI Governor Cautions Financial Sector Against
Exuberance Amid Accelerating Credit Growth
Reserve Bank of India Governor Shaktikanta Das
advises banks and non-banking financial
companies (NBFCs) to exercise caution and
avoid exuberance as credit growth accelerates.
He highlights concerns about sustainable credit
growth, the interconnection between banks
and NBFCs, reliance on high-cost short-term
deposits, and the need for robust algorithm-
based lending models in the fintech sector.
NOVEMBER 22, 2023

Foreign Investment in Indian Bonds Surges to Highest Level


Since 2017
Foreign investments in Indian bonds are on
track to reach the highest level since 2017,
driven by robust growth in the economy and
corporate earnings. Inflows into fixed income,
including corporate debt, have totaled nearly $6
billion in 2023, with this month alone
contributing a significant portion. The move is
attributed to India's inclusion in JPMorgan's
emerging market gauge, prompting increased
interest in local bonds

Tata Technologies' Rs 3,042.5 Crore IPO Fully Subscribed


Within Minutes of Opening
Within minutes of opening, Tata Technologies'
Rs 3,042.5 crore IPO is fully subscribed. The
offering received bids for 1.94 times the shares
on offer, with non-institutional investors
subscribing 2.72 times, QIBs 1.98 times, and RIIs
1.63 times. This marks the Tata Group's first IPO
in nearly two decades, with the public issue
closing on November 24.

Raymond Ltd. Shares Fall for Seventh Day Amid Chairman's


Acrimonious Divorce

Raymond Ltd. faces a seven-day stock decline as


Chairman Gautam Singhania's divorce from his
wife Nawaz Singhania introduces uncertainty.
The shares dropped 12% since November 13,
wiping over $180 million in market value.
Concerns arise over potential corporate
governance issues, given Nawaz's role as a board
member. In the divorce settlement, Nawaz
reportedly seeks 75% of Gautam's $1.4 billion
fortune.
SCIENCE & TECHNOLOGY

In This Issue

Iceland's Grindavik Faces


Volcanic Threat: Evacuations
and Defensive Measures as
Seismic Activity Intensifies
OneWeb India Secures
Approval for Commercial
Satellite Broadband Services

Leonid Meteor Shower


Iceland's Grindavik Faces Volcanic Illuminates Night Sky with
Threat: Evacuations and Defensive Spectacular Vapor Trail

Measures as Seismic Activity


Intensifies SpaceX's Starship Super
Heavy Test Shows Milestone
The Icelandic town of Grindavik is on high alert
Achievements Despite
as increased seismic activity signals a potential
Booster Explosion
volcanic eruption. Over 1,000 earthquakes,
sinkholes, and visible damage prompt
evacuations. Defensive walls are being SpaceX's Starship Super
constructed around a nearby geothermal Heavy Marks Milestone in
plant. Experts identify a magma tunnel, and Second Test Despite Booster
the Icelandic Meteorological Office warns of Explosion
an imminent eruption with as little as 30
minutes' notice.

OneWeb India Secures Approval for Commercial Satellite


Broadband Services
OneWeb India, a Bharti Group-backed
subsidiary of Eutelsat, gains approval from IN-
SPACe to launch commercial satellite
broadband services in India. It becomes the
country's first organization to receive this
authorization. Although granted for five years,
the services await satellite spectrum allocation.
The approval aligns with India's Digital India
initiative for widespread internet connectivity.
NOVEMBER 22, 2023

Leonid Meteor Shower Illuminates Night Sky with


Spectacular Vapor Trail
Enthusiasts and observers witnessed a dazzling
sight as a Leonid meteor, with a luminous vapor
trail, streaked across the night sky during the
peak of the annual meteor shower. The Leonids,
originating from comet debris, are known for
producing fast-moving meteors, and this year's
display, though not a storm, featured a
memorable vapor-trailing meteor. Predictions
for 2034 suggest a potential return to the
historic meteor storms of the past.

SpaceX's Starship Super Heavy Test Shows Milestone


Achievements Despite Booster Explosion
SpaceX conducted the second test of its
Starship Super Heavy rocket, achieving key
milestones, including the successful ignition of
all 33 engines and the hot-staging process.
However, minutes after launch, the Super
Heavy booster exploded, leading to a loss of
contact with the Starship spacecraft. Despite
the setback, SpaceX highlighted the success in
learning and improving Starship's reliability for
future endeavors.

SpaceX's Starship Super Heavy Marks Milestone in Second


Test Despite Booster Explosion

SpaceX's Starship Super Heavy rocket achieved


significant milestones, including reaching space
and successful hot-staging, in its second
developmental flight from Texas. The Super
Heavy booster exploded, but the Starship
continued briefly before losing contact,
presumed to have failed. Despite the setback,
improvements made post the first failed flight
showcased progress in SpaceX's ambitious
reusable space transportation system project.
Education

In This Issue

CBSE CTET January 2024


Registration Ends Tomorrow:
Apply Now

AP ICET Phase 2 Counselling


Seat Allotment Results
Expected Today

IIT JAM 2024 Application


CBSE CTET January 2024 Modification Window Opens
Registration Ends Tomorrow: Apply on November 24

Now
UGC to Revise NET Syllabus,
The Central Board of Secondary Education
(CBSE) will conclude registration for the 18th Forms Expert Panel
edition of the Central Teacher Eligibility Test
(CTET) 2024 on November 23, 2023. Interested
e
candidates aiming to teach classes I to VIII can
apply on the official website, ctet.nic.in, by CLAT 2024 Admit Cards
paying the application fee before the deadline. Released by Consortium of
The CTET exam is scheduled for January 21, NLUs
2024.

AP ICET Phase 2 Counselling Seat Allotment Results Expected


Today
The APSCHE is expected to release APICET
phase 2 counselling seat allotment results on
November 22, 2023. Applicants can check
results on the official website using their
application number and password. The seat
allotment is for MBA and MCA programs in
Andhra Pradesh. Selected candidates must
attend designated colleges by November 23 for
document verification and seat confirmation.
NOVEMBER 22, 2023

IIT JAM 2024 Application Modification Window Opens on


November 24
The Indian Institute of Technology Madras (IIT
Madras) will allow applicants to modify their
Joint Admission Test (JAM) 2024 applications
starting November 24, 2023. Candidates can
make corrections on the official website until
the correction window closes. Admit cards will
be released on January 8, 2024, and the exam is
scheduled for February 11, 2024.

UGC to Revise NET Syllabus, Forms Expert Panel

The University Grants Commission (UGC) plans


to revise the syllabus for the National Eligibility
Test (NET). UGC Chairman Jagadesh Kumar
announced the formation of an expert panel for
this purpose, citing the need to align with
developments in multidisciplinary education
following the National Education Policy (NEP)
of 2020. The update aims to impart holistic
education, with candidates receiving adequate
notice before the new syllabus implementation
in UGC-NET.

CLAT 2024 Admit Cards Released by Consortium of NLUs

The Consortium of National Law Universities has


issued admit cards for the Common Law
Admission Test (CLAT) 2024. Registered
candidates can download the admit cards from
the official website until December 3, 2023,
when the examination is scheduled. The process
began on November 21, 2023, at 6:00 P.M.,
providing candidates access to their application
portals for download.
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