5111

CURRENT AFFAIRS DETAILS

# Title Description Image Date Source Link
1 Google India appoints former Star and Disney head Sanjay Gupta as new Country Manager

Google India has appointed Sanjay Gupta, former Star and Disney head as its new country manager. Gupta will also serve as Vice President of Sales and Operations for India. Gupta will be taking over his role at Google early next year.

Gupta will be replacing Rajan Anandan, the VP for Google South East Asia and India, who had resigned in April 2019. Anandan was replaced by Vikas Agnihotri, Google's director of sales, who took on the role of Google Interim MD.

Gupta said that he is delighted to take on the challenge of leading and shaping Google's charter in India. "It is an exciting opportunity to leverage the power of technology to solve some of India's unique challenges and make the Internet an engine of economic growth for people and communities," Gupta added.

09-Nov-2019 News in Details
2 Indian Bank, Muthoot Microfin sign MoU

Public sector Indian Bank on Friday said it has signed a memorandum of understanding with Muthoot Microfinance to serve micro, small and medium enterprises.

"Under the memorandum of understanding, the bank and the non-banking finance company will jointly lend to the MSME borrowers," the bank said in a statement.

Indian Bank general manager-MSME Sudhakar Rao exchanged documents with Muthoot Microfin deputy CFO Praveen T in the presence of the bank's managing director and CEO Padmaja Chunduru recently.

09-Nov-2019 News in Details
3 Exim Bank gives $30 million line of credit to Ghana

The Export-Import (Exim) Bank has provided a $30 million line of credit to Ghana for potable water project in the country. Exim Bank has entered into an agreement with Ghana for a line of credit (LoC) of $30 million (about Rs 210 crore) for financing rehabilitation and up-gradation of potable water system in Yendi, Ghana, the Reserve Bank of India (RBI) said in a release on November 7.

Under the arrangement, financing of export of eligible goods, works and services from India would be allowed subject to their being eligible for export under the Foreign Trade Policy of India and whose purchase may be agreed to be financed by the Exim Bank.

09-Nov-2019 News in Details
4 Moody's revises outlook on 6 Indian financial companies from 'stable' to 'negative'

Moody's Investors Service revised its outlook on six financial institutions to negative from stable on November 8. These are EXIM India, HDFC Bank, Hero FinCorp, HUDCO, IRFC, and SBI.

At the same time, Moody's has maintained its outlook on Bank of India, Canara Bank, Syndicate Bank and Union Bank as stable.

The development comes after Moody’s Investors Service, on November 7, changed its outlook on India’s ratings to 'negative' from 'stable', citing increasing risks that the country’s economic growth will remain lower than in the past.

The outlook partly reflects the ineffectiveness of the government and its policy in addressing economic weakness, which led to an increase in debt burden from already-high levels, the rating agency said.

09-Nov-2019 News in Details
5 India to host 2023 Men's Hockey World Cup

India will host the 2023 Men's Hockey World Cup from 13th to 29th of January.

Making this announcement today, the International Hockey Federation (FIH) said India will play host to the men's tournament while Spain and the Netherlands have been named as the co-hosts of the 2022 Women's World Cup scheduled to be held from 1st to 22nd of July.

The decisions were made during FIH's Executive Board Meeting in Lausanne, Switzerland today.

The FIH further said that the venues of both the men's and women's World Cups will be announced by the host nations at a later date.

09-Nov-2019 News in Details
6 Senior IAS officer Arvind Singh takes over as AAI chairman

Arvind Singh, a 1988-batch IAS officer of Maharashtra cadre, on Wednesday took charge as the chairman of the Airports Authority of India (AAI), an official release said.

The AAI, which comes under the Ministry of Civil Aviation, owns and manages more than 100 airports across the country.

Prior to this appointment, Singh was the additional chief secretary (Energy) of Maharashtra government.

He also worked as chairman and managing director of Maharashtra State Power Generation Company Limited and Maharashtra State Electricity Transmission Company Limited.

08-Nov-2019 News in Details
7 US announces increase in H-1B work visa application fee by 10

The US has announced the increase of H-1B work visa application fee by 10 US Dollars as part of its revised selection process. US Citizenship and Immigration Services (USCIS) made the announcement yesterday. It said, the non-refundable fee will support the new electronic registration system to make the H-1B cap selection process more efficient. Petitioners seeking to file H-1B cap-subject petitions, will first have to electronically register with the USCIS during a designated registration period.

USCIS Acting Director Ken Cuccinelli said the electronic registration system is part of an agency-wide initiative to modernise immigration system while deterring fraud.

The H-1B program allows US companies to temporarily employ foreign workers in occupations that require the application of a body of highly specialised knowledge with bachelor's or a higher degree in the specific speciality, or it's equivalent.

08-Nov-2019 News in Details
8 Venkaiah Naidu inaugurates 10th Asian Conference of Emergency Medicine

Vice President M Venkaiah Naidu has stressed on the urgent need to attach high priority to emergency medicine and services in the country. Inaugurating 10th Asian Conference of Emergency Medicine in New Delhi today, Mr Naidu said, there is a need to develop programs and manuals to train citizens in emergency first aid procedures such as Cardiopulmonary Resuscitation as it will help in saving a life while waiting for emergency services. He also stressed on the need to invest in providing timely and high-quality Emergency Health Services in India.

The Vice President expressed happiness that the Government of India has made it mandatory for all medical college hospitals to have full-fledged Emergency Departments by 2022 with an aim to improve trauma care. He stressed on the need to include Emergency medicine and trauma care in the curriculum of Undergraduate courses. He added that Medical students must be trained to deal with the whole gamut of situations relating to emergency medicine.

08-Nov-2019 News in Details
9 West Bengal based writer Abhisek Sarkar wins award at Dhaka Lit-fest

The ninth edition of the Dhaka Lit-fest started on Thursday with a galaxy of writers and book lovers thronging the venue ground at the Bangla Academy.

Over the three day of the festival 200 speakers, performers and thinkers, will take part in discussions on diverse topics.

The special focus of this year's lit-fest is on Indigenous Languages as the UNESCO has marked 2019 as the year of Indigenous Language Protection.

Renowned literary personalities and authors from Bangladesh and abroad like William Dalrymple, Monica Ali, H M Naqvi, Prayaag Akbar, Shashi Tharoor are participating in the festival.

08-Nov-2019 News in Details
10 Three books launched on Guru Nanak Dev Ji at Sri Guru Teg Bahadur Khalsa College

Human Resource Development Minister Ramesh Pokhriyal Nishank and Food Processing Industries Minister Harsimrat Kaur Badal today unveiled three books on Guru Nanak Dev Ji in New Delhi. The books were launched in the run-up to 550th Birth Anniversary celebration of Guru Nanak Dev Ji at a function at Sri Guru Teg Bahadur Khalsa College. The National Book Trust has published these titles - 'Guru Nanak Bani', 'Nanak Bani', and 'Sakhian Guru Nanak Dev' to spread the message of Guru Nanak Dev’s writings among readers of Indian sub-continent. These books, published originally in Punjabi, shall be translated into 15 major Indian languages. Speaking on the occasion, Food Processing Industries Minister Harsimrat Kaur Badal said, the teachings and philosophy of Guru Nanak Dev are still relevant in today's world.
 
Addressing the gathering, Human Resource Development Minister Ramesh Pokhriyal  Nishank called upon the people to take the message of the Guru Nanak Dev in every nook and corner of the globe.

07-Nov-2019 News in Details