Current Affairs Digest: November 7, 2023
In today's fast-paced world, staying updated with current affairs is essential. Here's a comprehensive blog article summarizing the significant happenings around the globe on November 7, 2023.
National News
Bharat Botanics: Pioneering Cold Oil Production
- Bharat Botanics opens a state-of-the-art cold oil production facility in Gujarat, marking a leap towards healthier, chemical-free edible oils in India.
Advancements in Animal Husbandry
- Parshottam Rupala inaugurates the Department of Animal Husbandry and Dairying’s pavilion, showcasing India's strides in livestock and dairy sectors.
International News
Strengthening India-Bhutan Relations
- India and Bhutan agree on a rail link survey and trade infrastructure enhancements, bolstering bilateral ties.
IIT Madras Goes Global
- IIT Madras sets up its first international campus in Zanzibar, offering programs in Data Science and AI.
Economy News
Fitch's Positive Outlook on India
- Fitch Ratings upgrades India’s mid-term GDP growth forecast to 6.2%, reflecting a robust economic outlook.
Banking News
RBI's Liquidity Management
- The Reserve Bank of India announces a phased discontinuation of Incremental Cash Reserve Ratio (I-CRR) to stabilize financial markets.
HSBC India's Digital Leap
- HSBC India launches e-Bank guarantees in collaboration with NeSL, modernizing trade finance.
Business News
Mudra Port's Milestone
- Mudra Port becomes India’s first to handle 16.1 million tonnes of cargo, showcasing its infrastructural prowess.
IndiaFirst Life's Global Foray
- IndiaFirst Life becomes the first life insurance company to register at GIFT City IFSC, eyeing international expansion.
Ranks & Reports
UNDP's Inequality Insights
- UNDP report places India among countries with high income and wealth inequality, spotlighting the need for inclusive growth.
Important Days
National Cancer Awareness Day
- India observes National Cancer Awareness Day, emphasizing early detection and treatment to combat the disease.
Summits & Conferences
Global AI Safety Summit
- The 1st Global AI Safety Summit concludes in the UK, with countries signing the “Bletchley Declaration” to ensure AI safety.
Awards News
AIFF's Grassroots Recognition
- The All India Football Federation wins the AFC President’s Recognition Bronze Award for its grassroots football initiatives.
Appointments News
New Chief Information Commissioner
- Heeralal Samariya takes oath as the new Chief Information Commissioner, aiming to enhance transparency.
Agreements News
APEDA and Lulu Hypermarket Collaboration
- APEDA partners with Lulu Hypermarket to boost Indian agri-product exports, particularly focusing on millets.
Sports News
Verstappen's Brazilian Grand Prix Victory
- Max Verstappen wins the Brazilian Grand Prix 2023, showcasing his dominance in Formula 1.
India's Chess Triumph
- India claims top titles at the FIDE Grand Swiss Chess Event, with Vidit Gujrathi and R. Vaishali qualifying for the Candidates tournament.
Science & Technology
IIT Kanpur's Air Quality Initiative
- IIT Kanpur launches ATMAN, a Center of Excellence for air quality monitoring, integrating AI and machine learning for better analysis.
Obituaries
Remembering Leela Omchery
- Renowned musician and scholar Leela Omchery passes away, leaving behind a rich legacy in Indian classical music.
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Current affairs quiz - 07 November 2023
