November 2022 2nd Week by AffairsCloud New 1
November 2022 2nd Week by AffairsCloud New 1
November 2022 2nd Week by AffairsCloud New 1
QS Asia University Rankings 2023: 19 will culminate on November 18, 2022. The year
Indian universities among top 200 2022 marks the 30 years of the Malabar exercise.
19 Indian Universities are featured among the top ✓ The naval forces of India, Australia, Japan
200 on the QS Asia University Rankings 2023 and the United States of America (USA) viz.
released by Quacquarelli Symonds(QS), the Indian Navy (IN), Royal Australian Navy
International ranking Agency, on 8th November (RAN), Japan Maritime Self-Defense Force
2022. (JMSDF), and US Navy respectively are
QS Asia University Rankings 2023 is the 15th participating in this exercise.
edition of QS World University Rankings: Asia.
Top 5 Indian Universities: India Participates in World Travel
RANK Market 2022 at London; Kerala’s
RANK UNIVERSITY 2022 STREET Tourism Project Wins Global
Indian Institute of Technology Award
Bombay (IITB)
Ministry of Tourism, Government of India
40 Mumbai, Maharashtra 42
participated in the World Travel Market (WTM)
Indian Institute of Technology
2022, one of the largest international travel
Delhi (IITD)
46 Delhi 45 exhibitions, held in London, The United Kingdom
(UK) from 7th to 9th November 2022.
Indian Institute of Science
52 Bengaluru, Karnataka 56 ✓ The theme of WTM 2022 – London is “The
Future of Travel Starts Now”.
Indian Institute of Technology
Madras (IITM) ✓ Kerala Tourism’s STREET Tourism Project
53 Chennai, Tamil Nadu 54 has won the prestigious Responsible
Indian Institute of Technology Tourism Global Award at the WTM 2022.
Kharagpur (IIT-KGP)
61 Kharagpur, West Bengal 60 AIIB & GEAPP Partners to Accelerate
Top 3 on QS Asia University Ranking 2023
Green Energy Transition at USD 1 billion
RANK UNIVERSITY COUNTRY Strategic Investment Partnership b/w: Asian
Beijing, Infrastructure Investment Bank (AIIB) & the Global
1 Peking University China Energy Alliance for People and Planet (GEAPP)
National University of Purpose: for mobilising up to USD 1 billion for the
2 Singapore (NUS) Singapore financing of green energy transition and
Beijing, renewable energy projects, in both the public and
3 Tsinghua University China private sectors.
Hong Kong ✓ AIIB: President – Jin Liqun; HQ – Beijing,
4 The University of Hong Kong SAR China; Establishment – 2016
Nanyang Technological
5 University, Singapore (NTU) Singapore
Click here to read more. F1’s Lewis Hamilton named Honorary
Brazilian Citizenship
Lewis Hamilton, a British Formula 1 racing driver,
Indian Navy participates in
was awarded Honorary Brazilian Citizenship
26th Malabar Naval Exercise in Japan during a ceremony in the country’s capital, Brasilia.
The 4-nation or quadrilateral Maritime Exercise i.e., ✓ Lewis Hamilton, the 7-time World
26th Malabar Naval Exercise started on Champion, has been granted honorary
November 8, 2022 in Yokosuka of Japan which
BEE Signs MoU with SIDBI to Promote Haryana in addition to its Mumbai branch to
Energy Efficiency Finance for MSMEs expand its presence as Asia’s 3rd largest economy.
MoU b/w: Bureau of Energy ✓ The bank has also invested USD 100
Efficiency (BEE), under the Ministry of Power & million in its India operations, in addition
the Small Industries Development Bank of to USD 300 million investment in the last 5
India (SIDBI) years of its operation in India.
Purpose: for Micro Small and Medium Enterprises
(MSMEs). Max Life Partners with Ditto for Online
✓ The MoU aims to promote energy efficiency Life Insurance Distribution
financing for MSMEs and to explore Internet Partnership b/w: Max Life Insurance Company
of Things (IoT) based solutions, Greening Limited (Max Life) & Tacterial Consulting Private
MSMEs, capacity building of various Limited (Ditto)
stakeholders and such others. Purpose: for a life insurance product distribution.
✓ SIDBI: CMD – Sivasubramanian Ramann; ✓ Max Life: MD & CEO – Prashant Tripathy;
Establishment – 1990; HQ – Lucknow, Establishment – 2000; HQ – New Delhi,
Uttar Pradesh. Delhi
UAE-based Emirates NBD Invests USD RBI Provides Licence for Ftcash to Set up
100 mn More in India; Opens 2 New NBFC; Aims to Disburse Rs. 100 cr in
Branches FY23
The United Arab Emirates (UAE)-based Reserve Bank of India (RBI) issued a licence
bank Emirates NBD launched two new full service for Ftcash, a Small and Medium Enterprises (SME)
branches in Chennai, Tamil Nadu and Gurugram, lending startup to set up a non-banking financial
Sharada Sahakari Bank with Cosmos Co- 3 Bank of Baroda (BoB) 52.3
operative Bank 4 Punjab National Bank (PNB) 41.1
The Reserve Bank of India (RBI) has approved 5 Canara Bank 39.1
the amalgamation of Shree Sharada Sahakari Bank Click here to read more.
Ltd. in Pune, Maharashtra, with The Cosmos Co-
operative Bank Ltd. in Pune, Maharashtra.
ICICI Prudential Life Insurance Launches
✓ This merger in the cooperative banking
sector is the first of its kind since the RBI
Long-term Savings Product – ICICI Pru
issued a circular on the absorption of Sukh Samruddhi
smaller banks by larger entities in March ICICI Prudential Life Insurance Company
2021 and 16th of its kind by Cosmos Bank Limited (ICICI Prudential Life) has launched a
new participating savings product, ‘ICICI Pru Sukh
HDFC Bank Partners with Arzooo to Samruddhi,’ which provides customers with
guaranteed benefits and growth potential in the
Offer Purchase Cards to Retailers
form of bonuses.
Partnership b/w: HDFC Bank Partnered
✓ The scheme introduced a ‘Savings
with Arzooo
Wallet’ feature, that allows customers to
Purpose: to launch Purchase cards that are
accumulate and increase their income,
exclusively designed for offline small and mid-
which can be withdrawn in part or in full at
sized retailers with an aim to roll out over one lakh
any time during their policy term.
cards in the next 12 months.
✓ ICICI Prudential Life: MD & CEO – N. S.
✓ The purchase cards are provided
Kannan; HQ – Mumbai, Maharashtra;
with interest-free credit for up to one
Establishment – 2001
month with a credit limit of up to Rs 1
crore.
✓ HDFC Bank: MD & CEO – Sashidhar
NPCI enables Electricity Bill Payments
Jagdishan; HQ – Mumbai, Maharashtra; on 123PAY for Feature Phone Users
Established – 1994 The National Payments Corporation of India (NPCI)
announced that electricity bill payments service for
IBA’s EASE Reforms Index for Q1FY23: more than 70 electricity boards is now enabled
on 123PAY.This facility is powered by the Bharat
SBI tops the Overall Ranking
Bill Payment System (BBPS).
According to the Indian Banks’ Association (IBA)’s
✓ 123PAY was developed to allow feature
report titled “EASE Reforms Index for the first
phone users to conduct digital transactions
quarter of FY23” (released on 10th November
based on 4 technologies: calling an IVR
2022), the State Bank of India (SBI) was adjudged
Amazon India & TVS Motor Signs MoU to and other additional government-funded
Scale EV Deployment projects.
MoU b/w: Amazon India and TVS Motor Company ✓ BSNL: CMD)- Pravin Kumar Purwar; HQ–
Purpose: a strategic partnership to strengthen New Delhi, Delhi; Incorporated on 15th
electric mobility, electric infrastructure and other september 2000
connected services.
✓ As part of this collaboration, a fleet of Moody’s lowers India’s growth forecast
electric two-wheelers and three-wheelers for 2022 to 7%
from TVS Motor will be deployed for Moody’s Investors Service reduced India’s Gross
Amazon’s last-mile deliveries. Domestic Product (GDP) growth forecast for 2022
to 7% from 7.7% in September 2022 in its Global
BSNL gets Govt Approval to sign Rs Macro Outlook 2023-24.
26821 crore 4G deal with TCS ✓ Moody’s has also lowered its growth
The Bharat Sanchar Nigam Limited (BSNL), has projection for 2023 from 5.2% to 4.8%,
received approval from the government of India to with a recovery to 6.4% anticipated in 2024.
sign a Rs 26821 crore order with Tata Consultancy According to the UBS India Report, GDP growth in
Services (TCS) for rolling out BSNL’s 4G network. India would drop to 5.5% in FY24, down from 6.9%
✓ Tata Group companies TCS and Tejas in the current fiscal year 2022-23 (FY23).
Networks are set to bag the over Rs ✓ India’s real GDP growth is expected to slip
30,000 crore BSNLMTNL (BSNL and down from 6.9% Year-over-year (YOY) in
Mahanagar Telephone Nigam Limited FY23 to 5.5% YoY in FY24 before levelling
(MTNL)) 4G Network infrastructure tender
SUUTI under GoIto sell 1.55% stake in acquired Voltas shares worth Rs 634.50
Axis Bank for ~ Rs 4000 crore crore through open market transactions between
Specified Undertaking of the Unit Trust of India August 10 and November 4, 2022.
(SUUTI), an investment vehicle of the Government ✓ Voltas is a domestic and international EPC
of India (GoI), is set to sell 46.5 million shares (engineering, procurement, and
in Axis Bank representing 1.55% of its equity construction) contractor for air
stake. The GoI is expected to make around Rs 4,000 conditioning, refrigeration, and electro-
crore from the sale of these shares. mechanical projects.
✓ The sale will go on the block on November
10 & 11 through an Offer for Sale (OFS) Adani Power inks pact to sell 100%
mechanism by SUUTI at a floor price of Rs stake in SPPL to ACX for Rs 1,556 cr
830.63 apiece. Adani Power Limited signed a MoU to sell its 100%
equity stake in its wholly-owned subsidiary
LIC buys Additional Stake in Voltas for Support Properties Private Limited (SPPL) to
Rs 635 crore AdaniConnex Private Ltd (ACX), a 50:50 joint
Life Insurance Corporation of India (LIC) has raised venture between Adani Enterprises Limited, which
its investment in Voltas by acquiring a 2% stake. It is a promoter group company, and EdgeConneX.
SPORTS
“Subodh”: The 1st edition of NMDC’s released the first edition of its in-house vigilance
Vigilance Magazine released magazine “Subodh” at the Head Office in
The Vigilance Department of the National Hyderabad, Telangana to reinforce the NMDC’s
Mineral Development Corporation (NMDC), commitment to fostering honesty and transparency
among all stakeholders.
IMPORTANT DAYS
STATE NEWS
Youths
The Jharkhand Cabinet chaired by Chief Minister Arunachal Pradesh signs MoU with
(CM) Hemant Soren approved four schemes to NHLML for Infrastructure Development
promote the education and skill development of MoU b/w: Government of Arunachal
students and youths and 34 other agendas. These Pradesh with the National Highway Logistics
four schemes will be officially launched Management Limited (NHLML), a Special Purpose
by President Droupadi Murmu on 15th Vehicle (SPV) of the National Highway Authority of
November 2022, Jharkhand’s Foundation Day India (NHAI) under the Union Ministry of Road
✓ This includes the Higher and Technical Transport and Highways (MoRTH)
Education department’s Mukhya Mantri Purpose: for infrastructure development in the
Shiksha Prothsahan state.
Yojana (MMSPY), Eklavya Prasikshan ✓ The NHLML is the executing agency for the
Yojana (EPY) and Guruji Student Credit national ropeway
Card Yojana (GSCCY), and the Labour programme ‘Parvatmala’ project,
department’s Mukhya Mantri Sarathi announced in the Union Budget (2022-23),
Yojana (MMSY). to construct ropeways in hilly terrains
across India. This connects the inaccessible