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Rajeeva Laxman Karandikar appointed chairperson of the National Statistical Commission

The Chennai Mathematical Institute (CMI) said that the Government of India had appointed Rajeeva Laxman Karandikar, Professor Emeritus at CMI, as the part-time chairperson of the National Statistical Commission (NSC) of India for a period of three years.

NSC is an autonomous body formed in June 2005 under the recommendation of the Dr. C Rangarajan commission.

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The chairperson of the Commission enjoys the status of a Minister of State, GoI.

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International Day of Persons with Disabilities | 3 December

International Day of Persons with Disabilities (IDPD) is observed every year on 3 December. The theme for this year is “Transformative solutions for inclusive development: the role of innovation in fueling an accessible and equitable world.” The day is about promoting the rights and well-being of persons with disabilities at every level of society and development.

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India assumes the Presidency of UN Security Council for the month of December

India has assumed the Presidency of the UN Security Council for the month of December. It is the second time in its two-year tenure as an elected member of the UN Security Council that India has assumed the Presidency of the Council. India had earlier assumed the Presidency of the UNSC in August 2021.

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Permanent Representative of India to the United Nations- Ruchira Kamboj

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Vijay Hazare Trophy Final: Saurashtra beat Maharashtra by 5 wickets in Ahmedabad

Saurashtra beat Maharashtra by 5 wickets in the final to win the Vijay Hazare Trophy at the Narendra Modi Stadium in Ahmedabad. Maharashtra captain Ruturaj Gaikwad slammed yet another century. Chirag Jani was the stand-out bowler for Saurashtra as he picked up 3 wickets. This is Saurashtra's second Vijay Hazare Trophy triumph.

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DPIIT ropes in 5 social sector ministries for infra development

The commerce and industry ministry has been engaged with five social sector departments, including health and panchayati raj, for integrated and efficient infrastructure development by them through the PM GatiShakti initiative. PM Narendra Modi launched the Gati Shakti- National Master Plan aimed at developing integrated infrastructure to reduce logistic costs.

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NPCI extends UPI volume cap deadline by 2 years till Dec 2024

In a major relief to payment firms like PhonePe and Google Pay, the National Payments Corporation of India extended the volume cap deadline for third-party application providers by two years, until December 31, 2024.This has been done to preserve growth of NPCI's flagship payments platform – UPI, which is touching record highs every month, in terms of volume and transaction

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SBI's maiden infra bond issue for Rs 10,000 cr oversubscribed 3.27 times

The country’s largest lender, State Bank of India, has raised Rs 10,000 crore through its maiden issue of infrastructure bonds, for funding projects in segments such as power and roads. The coupon on the 10-year paper was fixed at 7.51 per cent, or about 17 basis points above the yield on government benchmark bonds.

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The base issue size was Rs 5,000 crore, with a green shoe option of Rs 5,000 crore.

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NSE launches new Nifty Bharat Bond Index

The National Stock Exchange's subsidiary NSE Indices has said it has launched one more index under the Nifty Bharat Bond Index series.The Bharat Bond Index series follows a target maturity date structure wherein each index in the series measures the performance of a portfolio of 'AAA' rated bonds issued by government owned entities maturing in a specific year.

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Govt revises scheme for Intellectual Property protection to upgrade professional charges of facilitators

Government has revised the scheme for facilitating Start-Ups Intellectual Property Protection (SIPP) to upgrade the professional charges of the facilitators.The facilitation fees has been increased by at least 100 percent. The revised scheme is applicable from 02 December 2022.

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Canara Bank receives the Banker’s Bank 2022 award

Canara Bank, on Friday, announced receiving the Banker’s Bank of the Year Award 2022 for the India segment at the Global Banking Summit. The judgment criteria included the ability to deliver returns, strategy, innovation, technology, and product and services in their respective geographies in the last 12 months

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MD and CEO of Canara Bank-L V Prabhakar

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Prasanth Kumar elected as Advertising Agencies Association of India president

Prasanth Kumar, CEO, South Asia of GroupM Media (India) Pvt Ltd, has been elected as the president of the Advertising Agencies Association of India at its annual general body meeting.Rana Barua, group CEO of Havas Group India, was elected vice-president of the association. Anupriya Acharya, outgoing president, will be the ex-officio member of the AAAI board for 2022-2023

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Vikram Sampath's Book 'Brave Hearts of Bharat, Vignettes from Indian History' launched

'Brave Hearts of Bharat, Vignettes from Indian History' by Vikram Sampath (Penguin), an anthology of 15 stories of men and women and their indomitable spirit of freedom and courage, was launched in Delhi. The book chronicles the stories of courage and determination of few individuals, whose stories largely remained untold and therefore unknown for a long time.

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UP CM Yogi Adityanath launches ‘One District One Sport’ scheme

In his mission to promote sports and sportspersons of Uttar Pradesh, Chief Minister Yogi Adityanath has launched One District One Sport (ODOS) on the lines of the highly successful One District One Product (ODOP) scheme of the government.The scheme serves the two interrelated objectives of promoting sports culture and keeping the younger generation healthy.

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RBI authorizes Tamilnad Mercantile Bank as agency bank

The Reserve Bank of India (RBI) has appointed Tamilnad Mercantile Bank (TMB) as an agency bank of RBI, enabling the leading private sector bank to undertake government business. The agreement in this regard was executed with the RBI in Mumbai.

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Global Water Resources Report 2021 released by WMO

According to the World Metrological Organization's first Global Water Resource report 2021, Currently, 3.6 billion people face inadequate access to water at least a month per year and this is expected to increase to more than 5 billion by 2050. Between 2001 and 2018, UN-Water reported that 74% of all natural disasters were water-related.

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