CURRENT AFFAIRS 12TH NOVEMBER

Pramod Bhagat-Manisha Ramadass won gold at BWF Para-Badminton Championships.

Pramod Bhagat and Manisha Ramadass won gold medals in singles at the BWF Para-Badminton World Championships in Tokyo. The reigning Paralympic gold medallist Bhagat beat compatriot Nitesh Kumar 21-19, 21-19 in 53 minutes in an all-Indian SL3 final.

Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake.

Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake. The state-owned life insurer increased its shareholding from 2,27,04,306 shares (equivalent to 6.862 per cent) to 2,93,95,224 (8.884 per cent) in Voltas.

LIC said it acquired Voltas’ shares worth Rs 634.50 crore through open market transactions during the period from August 10 to November 4, 2022. The transaction was carried out as an open market purchase at an average cost of ₹948.31 per share in Voltas.

SBI commits to finance 1000 entrepreneurs in Nagaland.

SBI commits to finance 1000 entrepreneurs in Nagaland through a partnership with Business Association. The State Bank of India (SBI) in collaboration with the Business Association of Nagas (BAN) has decided to help 1000 entrepreneurs with financing.

  • An MoU has been signed between the two parties to facilitate ease of doing business and finance MSMEs of Naga entrepreneurs in the state, reported Eastern Mirror.
  • The NIIE trade fair culminated positive impact with huge promise and commitment to finance 1000 entrepreneurs through the iconic signing of an MOU between SBI and BAN, which will bring hope and huge respite to the genuine entrepreneurs of the state.
  • BAN will facilitate the identification, and preparation of MSME through project screening, documentation, and submission to SBI.
  • Once the loan is finally sanctioned, the association will be responsible for providing training on bookkeeping, GST filing, statutory compliances, etc.
  • The pact stated that BAN will also closely monitor, handhold, and actively intervene to avoid any loan becoming irregular.

BEE, SIDBI to Jointly Promote Energy Efficiency Financing for MSMEs.

The government body for energy efficiency Bureau of Energy Efficiency (BEE) under the Ministry of Power has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for MSMEs.

The MoU will aim to promote energy efficiency financing for MSMEs and explore the internet of things (IoT)-based solutions, greening MSMEs, capacity building of various stakeholders, etc., BEE said.To encourage MSME units to undertake energy saving investments in plant and machinery to reduce energy consumption, enhance energy efficiency, reduce CO2 emissions, and improve the profitability of the units in the long run.

The International Cricket Council (ICC) has announced the latest legends who join the prestigious list of cricketing greats that make up the ICC Hall of Fame.

The International Cricket Council (ICC) has announced the latest legends who join the prestigious list of cricketing greats that make up the ICC Hall of Fame. Following a voting process that included existing Hall of Famers, media representatives plus senior executives from the Federation of International Cricketers (FICA) and the ICC, West Indies great Shivnarine Chanderpaul, England Women’s team legend Charlotte Edwards and Pakistan legend Abdul Qadir become inductees number 107, 108 and 109 respectively.

A new book title “Winning the Inner Battle” authored by Shane Watson.

A new book titled “Winning the Inner Battle Bringing the best version of you to cricket” is authored by Shane Watson. This book will give you all of the information that you will ever need to deeply understand how to bring the best version of yourself every time your best performance is needed.

Shane Watson is one of Australian cricket’s finest all-rounders, representing his country 298 times. Shane Watson’s new book, Winning The Inner Battle, which explores the mental side of the game through his own experiences of revitalising his career after he had considered retirement in 2015.

Uttarakhand Foundation Day is observed on November 9 every year.

Uttarakhand Foundation Day is observed on November 9 every year. Also known as Uttrakhand Divas, it is celebrated to mark the establishment of the 27th state of India. Uttarakhand did not come into existence with India’s independence. It is one of the newer states that was created under the Uttar Pradesh Reorganisation Act, 2000.

The state of Uttarakhand has very rich natural resources which include glaciers, rivers, dense forests and snow-capped mountain peaks. It also houses the four most sacred and revered Hindu temples also known as the Char Dham of Uttarakhand. Badrinath, Kedarnath, Gangotri and Yamunotri. The capital of the state is Dehradun and the winter capital is Gairsain.

Adidas appoints Bjorn Gulden as CEO of the company.

Adidas has appointed Bjorn Gulden, the CEO of rival Puma, as its new chief executive, and he will take over the German sportswear brand in January as the company. Gulden will replace Kasper Rorsted, Adidas’ CEO since 2016, whose departure was announced in August. Puma, which like Adidas is based in the southern German town of Herzogenaurach, said its chief commercial officer, Arne Freundt, will replace Gulden as its CEO.

IT-gaints Google launches ‘FloodHub’, a platform to forecast flood.

An American technology giant, Google has launched a platform that displays flood forecasts, namely ‘FloodHub’. This platform shows the area and time where floods could occur, in order to inform people about the natural calamity and authorities can assist them with effectively. The technology giant has also expanded its AI flood forecasting services to 18 counties across Latin America, Africa and Southeast Asia. To recall, these flood forecasting services supported by AI were first introduced in India back in 2018.

Kerala becomes 1st State to Introduce Uniform Gold Price Based on Bank Rate.

Kerala becomes the first state in India to launch uniform gold prices based on the bank rate. The decision to introduce a uniform price on 916 purity 22-carat gold has been taken at a meeting between officials of Malabar Gold and Diamonds and key members of the All Kerala Gold and Silver Merchants Association.

  • Being a top gold-consuming state in the country, Kerala can set the stage for a countrywide roll-out of uniform gold prices.
  • The selling price of gold should be unified everywhere in the country. The gold rate should be uniform across the country based on the bank rates.
  • Gold is priced at Rs 150-300 per gram extra over the bank rate. In Kerala, gold used to be sold at different prices on a particular day.
  • Uniform gold price based on bank rate offers an opportunity for consumers to purchase gold at a reasonable and transparent price.
  • Bank rates on gold, GST, and other taxes including import duty are the same across India.


OUR PRODUCTS

  • 538 299
IBPS PO....
View Course
  • 10900 7900
SSC TIER1....
View Course
  • 410 349
COMPUTER A....
View Course
  • 250 99
G.A. CAPSU....
View Course
  • 5999 2400
SBI - PO M....
View Course

SHARE

Leave a Reply

Your email address will not be published. Required fields are marked *

Leave a Reply

Your email address will not be published. Required fields are marked *

ONLINE TEST

  • 538 299

IBPS PO

View Course
  • 349 150

SSC CGL

View Course
  • 399 299

RAILWAY PRACTICE SET

View Course
  • 4999 999

WBCS PRELIMS

View Course
  • 450 299

RRB JE Civil & Allied Engineering

View Course

UPCOMING EXAMS

OUR LIVE CLASSES

OUR VIDEOS

UPCOMING LIVE CLASSES

DAILY CURRENT HAPPENINGS

TEST SERIES


SUBSCRIBE CHANNEL FOR FREE VIDEO CLASSES