National News

Solar-Powered 'Ramayana' Vessels Navigate Saryu River in Ayodhya

• In a groundbreaking initiative, two solar-powered 'mini-cruise' ships are poised to navigate the sacred Saryu River in Ayodhya, aligning with the imminent inauguration of the Ram Temple in January.
• This innovative venture by Alaknanda Cruise seamlessly blends tradition and modernity, utilizing sustainable energy sources and advanced technology.
• The objective is to offer a unique and unforgettable experience for those wishing to immerse themselves in the rich cultural and spiritual heritage associated with Lord Ram and the sacred city of Ayodhya.

India's Historic Milestone in Patent Grants: 41,010 Patents in 2023-24

• A momentous achievement unfolds as Commerce and Industry Minister Piyush Goyal announces a record-breaking 41,010 patents granted by the Indian patent office in the current fiscal year up to November 15.
• This accomplishment follows a remarkable 31.6% growth in Indian patent applications in 2022, extending an unparalleled 11-year streak of growth among the top 10 filers globally.
• Prime Minister Modi attributes this surge to the burgeoning innovative spirit among the country's youth, envisioning it as a positive sign for the future.

State News

Kochi Secures Prestigious Spot on Condé Nast's Best Places to Visit in 2024

• The vibrant city of Kochi in Kerala earns a coveted position on Conde Nast Traveller's list of the best places to visit in Asia in 2024.
• Kochi's recognition stems from its commitment to providing enriching experiences for travelers while embracing eco-friendly practices and preserving cultural heritage.
• Notably, Kochi International Airport stands out as the world's first solar energy-operated airport, exemplifying Kerala's dedication to sustainable practices.

Economy News

DGFT Forecasts Explosive Growth in Indian E-Commerce Exports

• The Directorate General of Foreign Trade (DGFT) anticipates a phenomenal surge in India's e-commerce exports, projecting a potential increase from the current $1.2 billion to an impressive $200 billion within the next six to seven years.
• Santosh Kumar Sarangi, DGFT, attributes this optimistic forecast to product diversity, ongoing innovation, and the adeptness of Indian entrepreneurs in tailoring products to meet market demands.

Important Days News

World Day for the Prevention of Child Sexual Exploitation, Abuse, and Violence 2023

• Recognizing the pervasive issue of child sexual exploitation, abuse, and violence worldwide, the United Nations designates November 18 as the "World Day for the Prevention of and Healing from Child Sexual Exploitation, Abuse, and Violence."
• This global initiative aims to foster collaborative efforts to protect children, promote healing, and eliminate these grave violations.

World Prematurity Day 2023

• November 17 marks World Prematurity Day, focusing on the theme "Small actions, big impact: Immediate skin-to-skin care for every baby everywhere."
• This annual observance raises awareness about the challenges faced by premature babies and their families, emphasizing the need for immediate and widespread skin-to-skin care.

Summits & Conferences News

2nd Voice of Global South Summit Highlights

• The recently concluded Second Voice of Global South Summit, hosted by India on November 17, serves as a platform for member countries to share perspectives and priorities.
• Emphasizing the theme "Together for Everyone's Growth with Everyone's Trust," the summit addresses global challenges and discusses strategies for a more inclusive, representative, and progressive world order.

Ranks & Reports News

BofA Survey Highlights Japan And India As Preferred Markets in Asia Pacific

• Bank of America's recent fund manager survey reveals Japan and India as the most favored markets in the Asia Pacific region.
• Japan holds the top position with a net 45 percent overweight, followed by India at 25 percent.
• In contrast, Thailand, China, and Australia are perceived as less attractive, with net underweight figures of 13 percent, 9 percent, and 9 percent, respectively.

India Ranks Third In Global Unicorn Rankings With 72 Unicorns

• In the dynamic world of startups and unicorns, India secures the third position globally with an impressive count of 72 unicorn companies.
• BYJU's leads the Indian contingent, securing the 36th position with a valuation of $11.50 billion.
• The United States dominates the global unicorn race with an unparalleled 668 unicorn companies, while China holds the second position with 172 unicorns and a combined valuation of $641.67 billion.

Banking News

Ashok Vaswani Appointed as MD & CEO of Kotak Mahindra Bank

• In a strategic move, the Board of Directors of Kotak Mahindra Bank Ltd. has appointed Ashok Vaswani as the Managing Director & CEO, a significant figure within the bank's leadership.
• With a robust background initiated at Citigroup and notable contributions during his tenure at Barclays, Ashok Vaswani, at 62, is set to commence his three-year term on January 1.
• This transition from Dipak Gupta adds an element of anticipation regarding the strategic direction Kotak Mahindra Bank will take under Vaswani’s leadership.

Appointments News

NITI Aayog Welcomes Four Distinguished Fellows Under Fellowship Guidelines

• NITI Aayog, the Government of India's eminent policy think tank, has recently enlisted four new Distinguished Fellows for a one-year tenure.
• Notable among them are Anoop Singh, a member of the fifteenth Finance Commission, Dr. O.P Agrawal, a seasoned IAS officer with expertise in urban transport, Dr. Ajai Chowdhry, co-founder of HCL, and Sh. V. Lakshmikumaran, a legal expert with 35 years of experience.
• These individuals, recognized for their extensive work experience, are expected to make significant contributions to addressing key social, economic, and technical challenges.

Alok Sharma Takes Helm as Chief of SPG

• Alok Sharma, a senior IPS officer in the Uttar Pradesh cadre, has been appointed as the new director of the Special Protection Group (SPG), the elite security unit responsible for safeguarding the Prime Minister.
• This crucial appointment follows the unfortunate demise of SPG chief Arun Kumar Sinha in September.
• Alok Sharma, currently serving as the additional director general of SPG, assumes the leadership role with immediate effect, signifying the government's commitment to ensuring top-tier security for the nation's leadership.

Sports News

Virat Kohli’s Wax Statue to Grace Jaipur Wax Museum

• Cricket fans are in for a treat as Virat Kohli's wax statue is set to join the illustrious collection at the Wax Museum within Jaipur’s Nahargarh Fort.
• Skilled artisans will meticulously craft the lifelike representation over the next month, adding to the museum's already impressive collection of 43 wax statues.
• This initiative not only celebrates Virat Kohli's cricketing prowess but also contributes to the cultural landscape of Jaipur.

Obituaries News

B.N. Goswamy: A Tribute to a Pioneering Art Historian

• The demise of renowned art historian N. Goswamy at the age of 90 marks the end of an era in the world of art scholarship.
• A prolific writer, he authored over 26 books on diverse subjects, including Pahari paintings and court painters.
• His specialization in the Pahari style of paintings made him a cornerstone for scholars and enthusiasts alike.
• Recognized by the Government of India with the Padma Shri in 1998 and the Padma Bhushan in 2008, his contributions have left an indelible mark on the understanding and appreciation of Indian art.

Miscellaneous News

Cyclone ‘Midhili’ Impact on Bangladesh’s Coast

• The Northeast Bay of Bengal is currently grappling with the repercussions of cyclonic storm "Midhili," causing widespread concern and disruptions in the region.
• Originally a deep depression over the Bay of Bengal, the storm has escalated into a significant weather event, prompting government authorities to issue alerts and implement precautionary measures.
• The adverse weather conditions highlight the importance of proactive measures in the face of natural calamities.