Current Affairs 29th November 2024 PDF
Document Details
Uploaded by SupportingBowenite1307
Delhi University
Kush Pandey
Tags
Summary
This document contains a summary of current affairs for the 29th of November 2024, focusing on topics like banking and finance. The author is Kush Pandey.
Full Transcript
Current Affairs by Kush Pandey: 29th November 2024 This would provide an avenue to hedge positions in index derivatives products in...
Current Affairs by Kush Pandey: 29th November 2024 This would provide an avenue to hedge positions in index derivatives products in case of an outage. 3. Deposit growth slightly outpaces credit growth at 11.21%: RBI data Credit growth in the fortnight ending November 15 slowed to 11.15% year-on-year (Y-o-Y) Banking & Finance Deposit growth slightly outpaced credit 1. HDFC Bank market cap crosses Rs 14 lakh crore growth, reaching 11.21 per cent Y-o-Y for first time ever Latest data from the Reserve Bank of India HDFC Bank market cap briefly crossed the (RBI) Rs 14 lakh crore mark for the first time ever Outstanding deposits in the fortnight in November 28 trade. ending November 15 stood at Rs 218.54 HDFC Bank is India's third most-valuable trillion, while outstanding credit stood at Rs listed company after IT major Tata 173.62 trillion. Consultancy Services (TCS), which has a State Bank of India has guided that its loan market cap of ₹15.60 lakh crore and book will grow by 14–16 per cent, while its Reliance Industries (RIL) with a market cap deposits will grow by 10 per cent. of ₹17.50 lakh crore. 2. Sebi announces interoperability for stock exchanges from 1 April 2025 The Securities and Exchange Board of India (Sebi) announced the interoperability of stock exchanges. Reason: To ensure business continuity in the face of a technical glitch or an outage. The interoperability for cash, derivatives, currency derivatives, and interest rate derivatives will be effective from April 1, 2025. Stock exchanges have been directed to issue a standard operating procedure (SOP) regarding it in the next two months. Traders would be able to hedge their open positions by taking offsetting positions in International News identical or correlated indices on other 1. South Africa Declares 'National Disaster' Over exchanges Food Poisonings In case the exchange does not have a highly Scale of Crisis: Over 890 food-borne illness correlated index derivatives product cases since September 2024, with 23 child available on the other index, then the fatalities, including six children in October. exchange may consider creating such an Terbufos Use: Often illegally sold for pest index and introducing derivatives contracts control in townships. Found inside and on the same. outside food packets in spaza shops. Current Affairs by Kush Pandey: 29th November 2024 Industry’s (CII) Ease of Doing Business and National News Regulatory Affairs Portal. 1. Plans to increase India’s Nuclear power capacity The portal will provide status and updates to 22,480 MW by 2031-32 on key initiatives on Ease of Doing Business The government said that various studies by both the union government and CII. on India’s energy transition to Net Zero by Users can track progress and submissions 2070 have projected the need to have a on a real-time basis. national nuclear capacity of approximately CII DG: Chandrajit Banerjee 100 gigawatts by 2047. 4. Gujarat leads in Rooftop Solar System Minister of State for PMO, Dr Jitendra Singh installations under PM-Surya Ghar Muft Bijli Yojana mentioned that a plan to increase the With more than 2 lakh 81 thousand nuclear power capacity to 22,480 Megawatt installations, Gujarat is leading in by 2031-32 from the present installed installations of Rooftop Solar System under capacity of 8,180 megawatts is being PM-Surya Ghar Muft Bijli Yojana. implemented. In Maharashtra more than 1 lakh 20 The installed nuclear power capacity in the thousand installations have been done. country comprises 24 reactors. More than 51 thousand roof top solar Of these, presently, one reactor of 100 systems are installed in Kerala and Uttar Megwatt is under extended shutdown and Pradesh. three reactors of a total of 540 megawatts are under project mode for upgradation. The remaining 20 reactors with a total capacity of 7540 Megwatt are presently operating. 2. Iron ore production grows 4.1% to 158.4 MT in FY 2024-25 Iron ore production has registered a growth of 4.1 per cent from April to October in the financial year 2024-25. Ministry of Mines said that the production of iron ore increased to 158.4 million metric tonnes as compared to 152.1 million metric tonnes during the same period last financial year. The production of manganese ore has risen by 11.1 per cent to 2.0 million metric tonnes from April to October 2024-25. In the non-ferrous metal sector, primary aluminium production registered a growth of 1.2 per cent in the financial year 2024-25, increasing to 24.46 lakh tonnes this year from 24.17 lakh tonnes recorded from April to October last year. 3. Piyush Goyal launches CII’s Ease of Doing Business and Regulatory Affairs Portal Commerce and Industry Minister Piyush Goyal launched the Confederation of Indian Current Affairs by Kush Pandey: 29th November 2024 A total of 96 courses by 17 Category ‘A’ Training Establishments of the Indian Army have already been hosted on the platform. 2. India-Singapore Bilateral Exercise AgniWarrior 2024 The India-Singapore bilateral military exercise, AgniWarrior 2024 started in Maharashtra from November 28 to November 30. The exercise is being held at the Devlali Field Firing Ranges, part of the School of Artillery in Maharashtra. The primary objective of the exercise is to enhance professional military interactions between the artillery units of India and Singapore. 3. Indian Navy tests 3,500-km K-4 nuclear missile from INS Arighaat submarine 5. Union Minister of Agriculture & Farmers’ Welfare India carried out the test firing of the inaugurates 13th National Seed Congress in nuclear-capable 3,500-kilometre-range K-4 Varanasi submarine-launched ballistic missile The 13th National Seed Congress (NSC) (SLBM) from the Indian Navy's newly 2024 inaugurated by Union Minister of inducted nuclear submarine, INS Arighaat. Agriculture and Farmers Welfare Shivraj The INS Arighaat, the second submarine in Singh Chouhan. the Arihant-Class, marks a major The three-day Congress, to be held from 28 advancement in India's classified to 30 November 2024, at the International nuclear-powered ballistic missile Rice Research Institute South Asia Regional submarine programme. Centre (ISARC) in Varanasi. The country’s first indigenously developed Defence nuclear submarine, INS Arihant, was 1. Indian Army launches ‘Eklavya’ launched in July 2009 and commissioned in Chief of the Army Staff (COAS) General, 2016. Upendra Dwivedi launched Eklavya, an By 2018, the INS Arihant was reportedly online digital platform for officers training. fully operational. This initiative launched in New Delhi aligns MoUs with the Indian Army propelling itself into the “Decade of Transformation and also with the Indian Army’s theme for 2024 as the Year of Technology Absorption. This platform has been hosted on the Army Data Network and features a scalable architecture. Student officers are permitted to register for multiple courses simultaneously. Current Affairs by Kush Pandey: 29th November 2024 States The JMM-led alliance achieved a notable 1. Three-day national postal exhibition BIPEX-2024 victory in the Jharkhand polls by securing begins in Patna 56 of the 81 seats in the state Assembly. A three-day national postal exhibition Capital: Ranchi BIPEX-2024 started at Gyan Bhawan in Governor: Santosh Gangwar Patna. Rajya Sabha: 6 seats Inaugurated by: Governor Rajendra Lok Sabha: 14 seats Vishwanath Arlekar 2. Samsung gets first woman CEO outside founding The exhibition is based on the rich history family for 1st time in 86 yrs of postal culture of Bihar. He also released Samsung group has appointed Kim two books Glory of Bihar and Postal Kyung-Ah as president and CEO of Samsung Heritage of Bihar which has been written Bioepis Co. by Chief Post Master General of Bihar, Anil A doctor in neurotoxicology from the Johns Kumar. Hopkins University, Kim, 56, has more than Bihar: two decades of experience in biologic Capital: Patna development and will oversee product Chief minister: Nitish Kumar developments. Governor: Rajendra Arlekar 3. Roche CEO Thomas Schinecker to Lead IFPMA as Rajya Sabha: 16 seats New President Lok Sabha: 40 seats Dr. Thomas Schinecker, CEO of Roche, has 2. Gujarat Launches Cottage and Rural Industries been appointed the new President of the Policy 2024-29 International Federation of Pharmaceutical Gujarat's Cottage and Rural Industries Manufacturers and Associations (IFPMA), Policy 2024-29 boosts artisans through effective January 1, 2025. increased loans, subsidies, skill Obituaries development, and GI tagging. 1. Malaysian bizman Ananda Krishnan, who once It promotes unique products under ODOP, sponsored CSK in IPL, dies targets ₹1,500 crore in sales, and creates 12 Noted Malaysian billionaire Ananda lakh jobs. Krishnan died. Loan Limit Increase Krishnan’s vast business empire covered Shri Vajpayee Bankable Scheme: ₹8 lakh → multiple sectors, and one of his firms even ₹25 lakh sponsored Indian Premier League (IPL) Dattopant Thengadi Artisan Scheme: ₹1 franchise Chennai Super Kings. lakh → ₹3 lakh Krishnan was Malaysia’s third-richest Subsidy Increase: Shri Vajpayee person. Bankable Scheme: ₹1.25 lakh → ₹3.75 lakh 2. UK’s John Tinniswood, World’s Oldest Man, CM: Bhupendra Patel Passes Away at 112 Governor: Acharya Devvrat John Tinniswood, born in Liverpool, UK, on Capital: Gandhinagar August 26, 1912, was recognized as the world's oldest man after the death of Appointments Venezuelan Juan Vicente Perez in April 1. JMM leader Hemant Soren takes oath for fourth 2023. time as Jharkhand CM He passed away peacefully at the age of 112 Hemant Soren took oath as the 14th chief in a care home in Southport, England, on minister of Jharkhand at the Morabadi November 25, 2024. Ground. Awards Current Affairs by Kush Pandey: 29th November 2024 1. 55th IFFI concludes with vibrant ceremony in Championship title, despite finishing fifth in Goa the Las Vegas Grand Prix. Closing ceremony: Dr. Shyama Prasad Verstappen’s dominance in Formula 1 Mukherjee Indoor Stadium, Panaji Goa continues as he becomes the sixth driver in Golden Peacock Award: Toxic (Directed by: history to win four or more titles. Saule Biluvaite) News Connector The team was awarded 40 lakhs cash prize, HDFC Bank market cap crosses Rs 14 lakh a golden peacock trophy, and a certificate. crore for first time ever Clement Faveau bagged the Best Actor Male Sebi announces interoperability for stock award for his stellar performance and Vesta exchanges from 1 April 2025 Matulyte and Leva Repuikaite jointly won Deposit growth slightly outpaces credit the Best Actor Female honor for their roles growth at 11.21%: RBI data in film Toxic. Iron ore production grows 4.1% to 158.4 In the Indian section, Navjot Bandiwadekar MT in FY 2024-25 was recognized as the Best Debut Director Piyush Goyal launches CII’s Ease of Doing of an Indian Feature Film for Gharat Business and Regulatory Affairs Portal Ganpati. Plans to increase India’s Nuclear power The Best Web Series OTT award went to capacity to 22,480 MW by 2031-32 Lampan. Gujarat leads in Rooftop Solar System The festival honoured Vikrant Massey as installations under PM-Surya Ghar Muft the Indian Film Personality of the Year Bijli Yojana Indian Army launches ‘Eklavya’ India-Singapore Bilateral Exercise Books & Authors AgniWarrior 2024 1. A Book Titled ‘My Beloved Life’ By Amitava Indian Navy tests 3,500-km K-4 nuclear Kumar missile from INS Arighaat submarine Amitava Kumar’s My Beloved Life tells the Three-day national postal exhibition story of Jadunath “Jadu” Kunwar, a man BIPEX-2024 begins in Patna from a small village in Bihar, and his Gujarat Launches Cottage and Rural daughter Jugnu, as they navigate the Industries Policy 2024-29 challenges of life in a rapidly changing JMM leader Hemant Soren takes oath for India. fourth time as Jharkhand CM Sports Samsung gets first woman CEO outside 1. India’s Rinchen Youdol wins historic Bronze at founding family for 1st time in 86 yrs first World Para Poomsae Taekwondo Roche CEO Thomas Schinecker to Lead Championships in Bahrain IFPMA as New President Rinchen Youdol, a para-athlete from Malaysian bizman Ananda Krishnan, who Bodhkharboo, Kargil in the Union Territory once sponsored CSK in IPL, dies of Ladakh, has created history by winning UK’s John Tinniswood, World’s Oldest Man, the Bronze Medal at the 1st World Para Passes Away at 112 Poomsae Taekwondo Championships held A Book Titled ‘My Beloved Life’ By Amitava in Manama, Bahrain. Kumar 2. Las Vegas Grand Prix 2024: Max Verstappen India’s Rinchen Youdol wins historic Bronze Clinches Fourth Formula 1 Title at first World Para Poomsae Taekwondo Dutch Formula 1 driver Max Verstappen Championships in Bahrain secured his fourth consecutive Drivers’ Las Vegas Grand Prix 2024: Max Verstappen Clinches Fourth Formula 1 Title