Daily News

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P.T. Usha elected as president of Indian Olympic Association

PT Usha elected as the IOA chief unopposed. A multiple Asian Games gold medallists and a fourth-place finisher in the 1984 Olympics 400m hurdles final, filed her nomination papers for the top job.

Usha is the first sportsperson to have represented the country and also become IOA chief since Maharaja Yadavindra Singh, who played a Test match in 1934.

Did you Know

PT Usha is fondly known as the 'Payyoli Express'.

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Egyptian President Abdel Fattah Al Sisi to be Chief Guest of Republic Day celebration 2023

President of Egypt, Abdel Fattah Al Sisi will be the Chief Guest at Republic Day celebrations on 26th January next year. This is the first time that President of Egypt will be the Chief Guest at India's Republic Day.

Both countries are celebrating the 75th anniversary of diplomatic relations this year. Egypt has been invited as a ‘Guest Country’ during G-20 in 2022-23.

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'Austra Hind-22': India-Australia joint military exercise from 28 November to 11 December 2022

The bilateral training exercise ‘Austra Hind 22’ between contingents of the Indian Army and the Australian Army will take place from 28 November to 11 December 2022 at Mahajan Field Firing Ranges, Rajasthan.

The Indian Army is represented by troops from the Dogra Regiment. The exercise will be a yearly event conducted alternatively in India and Australia.

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Bihar CM Nitish Kumar inaugurates Ganga water supply project in Rajgir

Bihar CM Nitish Kumar inaugurated an ambitious scheme in Nalanda district, under which flood waters will be treated for supply to households in the southern part of the state.

Kumar, following the inauguration of Ganga Water Supply Scheme (GWSS) in Rajgir, said the project will facilitate supply of 135 litres of treated Ganga water every day for each person in a household.

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Prasar Bharati hosting ABU General Assembly 2022 in New Delhi

Prasar Bharati, India’s Public Service Broadcaster, is hosting the 59th Asia Pacific Broadcasting Union (ABU) General Assembly 2022. The conference began in New Delhi on 25th of November and will continue till 30th of this month.

The theme of this year’s assembly is Serving the People: Media’s Role in Times of Crisis. The event coincides with Azadi Ka Amrit Mahotsav.

Did you Know

The ABU is a nonprofit, professional association of broadcasting orgs of Asia & Pacific.

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Tata Group To Acquire Bisleri For Rs 7,000 Cr, Bisleri Chairman Ramesh Chauhan

Tata Consumer is set to acquire India’s largest packaged drinking water company, Bisleri, for an estimated Rs 6,000-7,000 crore.

Chairman Ramesh Chauhan is aiming to disinvest Bisleri International to Tata Consumer Products three decades after selling soft drink brands Thums Up, Gold Spot, and Limca to Coca-Cola.

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Vishwanath, Vanshaj, Devika clinch gold medals at Youth World Boxing Championships

Indian boxers Vishwanath Suresh, Vanshaj, and Devika Ghorpade won gold medals at the IBA Youth Men’s and Women’s World Championships 2022 in La Nucia, Spain.

With 11 medals, India topped in the ongoing edition of the event, followed by Uzbekistan (10), Ireland (7) and Kazakhstan (7).

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SEBI brings in buying, selling of mutual funds under insider trading rules

SEBI has amended norms to bring buying and selling of mutual fund units under the ambit of insider trading rules.

At present, insider trading rules are applicable to dealing in securities of listed companies or those proposed to be listed, when in possession of Unpublished Price Sensitive Information (UPSI) whereas mutual funds are excluded from the def of securities.

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Mutual fund investors to get dividend payments within 7 days from record date

SEBI has issued a circular on November 25 asking the mutual fund houses to pay the dividends within seven days from the record date.

It further directed that the record date should be two working days from the date of a public notice.

In case of redemption or repurchase of units, the fund houses are told to pay out the proceeds within three working days.

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Indian Navy launches new survey vessel ‘Ikshak’

The Indian Navy launched ‘Ikshak‘, the third of the four survey vessels (Large) project, being built by GRSE/L&T was launched at Kattupalli, Chennai.

Contract for building four SVL ships was signed between MoD and Garden Reach Shipbuilders & Engineers (GRSE), Kolkata on 30 October, 2018 for a total cost of ₹2435 crore.

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Defence Minister to co-chair 4th India-France Annual Defence Dialogue

Defence Minister Rajnath Singh will co-chair the 4th India-France Annual Defence Dialogue with the French Armed Forces Minister Sebastien Lecornu on his visit to India from 26-28 November.

This is the first visit of Mr Sebastien Lecornu as French Minister of Armed Forces to India. He also visits India's first indigenous aircraft carrier INS Vikrant.

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India & Colombia review bilateral relations & discusses cooperation in international fora

India and Colombia have reviewed bilateral relations and discussed cooperation in international fora. Secretary East in the Ministry of External Affairs Ministry, Saurabh Kumar held discussions with his Colombian counterpart Francisco Jose Coy Granados.

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Bogota is the largest city and the capital of Colombia.

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India to send utility helicopter unit to UN peacekeeping mission in Mali

India will send a helicopter unit to the UN peacekeeping operations in Mali, which is facing with a crisis as several countries have withdrawn or announced plans to withdraw from it.Bangladesh and Pakistan will each be sending an armed helicopter unit to the operation known as Multidimensional Integrated Stabilisation Mission in Mali (MINUSMA).

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MINUSMA, set up in 2013, has 17,622 personnel.

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‘Nai Chetna’ gender campaign launched

The National Rural Livelihood Mission’s Nai Chetna gender campaign was launched in Tamail Nadu under the leadership of Kudumbashree. The nationwide campaign, organised by the Union government, aims to enable women to acknowledge gender-based violence, prepare them to raise their voices against it, and provide them with knowledge about their rights.

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Centre forms panel to revamp MGNREGA job guarantee scheme

Ministry of Rural Development (MoRD) setting up a committee to find out reasons for gaps in implementation and under-utilisation of funds under the scheme in several states with low per capita income.

The panel is also tasked with suggesting measures to make the scheme more efficient in its functioning across the country.

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SEBI releases uniform format for OTC trades in non-convertible securities

SEBI came out with a uniform format for reporting over-the-counter (OTC) trades in listed non-convertible securities.

Under the format, information pertaining to deal type -- whether brokered or direct -- ISIN, listed or unlisted security, issuer name, coupon rate, issue description, traded price, traded yield, trade date and time, settlement date &status to be disclosed.

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China Plans To Build Nuclear-Powered Moon Base In 6 Years

China plans to build its first base on the moon by 2028, ahead of landing astronauts there in subsequent years as the country steps up its challenge to NASA's dominance in space exploration.

The lunar base will likely be powered by nuclear energy.

It will consist of a lander, hopper, orbiter and rover, all of which would be constructed by the Chang'e 6,7 and 8 missions.

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