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Chanakya Defence Dialogue 2023 concludes with takeaways on security challenges

The Chanakya Defence Dialogue 2023, a two-day groundbreaking event steered by the Indian Army in collaboration with the Centre for Land Warfare Studies (CLAWS), concluded on 4th November with takeaways on Security Challenges in South Asia and the Indo-Pacific.

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Tata Steel seeks financial aid for Netherlands unit; to submit decarbonization proposal to Dutch govt soon

After securing a funding in the UK, Tata Steel is looking for a financial aid from the Netherlands government to execute its decarbonization plans. In October 2021, Tata Steel completed the process of separating Tata Steel UK and Tata Steel Netherlands as two independent companies from Tata Steel Europe.

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Air India forges Interline Partnership with Alaska Airlines

Air India has recently established an interline partnership with Alaska Airlines. This collaboration will enable Air India’s customers to access “seamless connections” from various gateways, including New York JFK, Newark-New Jersey, Washington DC, Chicago, San Francisco, and Vancouver, to 32 destinations across the USA, Mexico, and Canada within Alaska Airlines’ network.

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Free ration to 800 million for five more years; PM announces extension of Garib Kalyan Anna Yojana

The Centre’s free ration scheme—Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)—will be extended for the next five years, Prime Minister Narendra Modi said on Saturday.

Under PMGKAY, earlier known as National Food Security Act (NFSA), the government’s annual expenditure on account of the food subsidy is estimated at Rs 2 trillion.

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JioBharat drives 300% growth in 4G feature phone shipments

The launch of JioBharat phones helped 4G feature phone shipments witness a 300% growth year-on-year in the July-September quarter, according to market analyst firm CyberMedia Research (CMR).

The growth comes on the back of lower price of JioBharat phones at Rs 999, along with features like UPI (Unified Payments Interface), and variety of applications in the phone.

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World Tsunami Awareness Day | 5 November

In December 2015, the UN General Assembly designated 5 November as World Tsunami Awareness Day, calling on countries, international bodies and civil society to raise tsunami awareness and share innovative approaches to risk reduction.

This year's World Tsunami Awareness Day theme is "Fighting Inequality for a Resilient Future".

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RBI wins businessline Changemaker of the Year award; Amul is crowned Iconic Changemaker

Power Minister R.K. Singh presented businessline’s Changemaker of the Year award to the Reserve Bank of India for steering the country through the turbulent period of the pandemic. The ‘utterly butterly’ beloved brand, Amul, was crowned Iconic Changemaker of the Year.

The award for financial transformation went to Pradhan Mantri Jan Dhan Yojana.

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Reliance Retail To Acquire Arvind Fashions' Beauty Retail Business

Reliance Retail Ltd. will acquire the beauty retail business of the Lalbhai family-promoted Arvind Fashion. Arvind Fashion has entered into a share-purchase agreement with Reliance Beauty & Personal Care Ltd., a wholly owned subsidiary of Reliance Retail Ventures Ltd., to sell and transfer the entire equity stake held by the company.

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Airtel Digital head Adarsh Nair resigns from company after a 5-year stint

Airtel Digital’s chief executive officer Adarsh Nair has tendered his resignation following a five-year stint with the telecom operator.

Airtel Digital is the digital services arm of Bharti Airtel. Nair was also the chief product officer of the company.

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Airtel, MD: Gopal Vittal.

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Finance Minister Nirmala Sitharaman inaugurates State Bank of India's branch in Trincomalee, Sri Lanka

Finance Minister Nirmala Sitharaman visited Sri Lanka's eastern port town of Trincomalee where she opened a branch of the State Bank of India and appreciated its role in supporting corporates in international trade.

SBI with its 159 years of significant presence, is the oldest bank in Sri Lanka and continues to grow its business at home and abroad.

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Sri Lankan President: Ranil Wickremesinghe.

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Sunil Narine announces retirement from all forms of international cricket

Former West Indies spinner Sunil Narine announced retirement from international cricket. Narine played 65 ODIs, 51 T20Is and 6 Tests for West Indies and scalped 165 wickets across formats. The 35-year-old was also a part of West Indies' 2012 T20 World Cup winning campaign.

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IOC acquires Mercator Petroleum for ₹148 crore

State-owned Indian Oil Corporation (IOC) has acquired Mercator Petroleum for about Rs 148 crore in an insolvency proceeding, according to regulatory filings by the company.

Mercator Petroleum Ltd. (MPL) was a wholly-owned subsidiary of Mercator Ltd. MPL is engaged in the business of petroleum exploration, development and production in India and abroad.

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