18 October, 2021
Indian Army Team wins Gold in ‘Exercise Cambrian Patrol 2021’
Indian Army’s Team of 4/5 Gorkha Rifles (Frontier Force) that represented India in the ‘2021 Cambrian Patrol Exercise’ has won Gold medal. The exercise was organised by the United Kingdom (UK) Army between 13th – 15th October 2021 at Brecon, Wales, UK. Exercise Cambrian Patrol is an annual international military exercise conducted to test the ultimate human endurance, thus it is sometimes referred to as the ‘Olympics of Military Patrolling’.
i.On 15th October, the Gold Medal was presented to the Indian team by General Sir Mark Carleton-Smith, the Chief of General Staff of the British Army.
ii.The prestigious exercise saw the participation of 96 teams including top Special Forces & Regiments from 17 international teams.
About Indian Army:
Commander-in-Chief – President of India
Chief of Defence Staff – Bipin Rawat
Chief of Army Staff – MM Naravane
India Worst-hit in TB elimination – ‘Global TB report’ by WHO
The World Health Organisation (WHO) released the ‘Global TB report’ for 2021, where it highlighted the effects of COVID-19 which led to a huge reversal in the progress of Tuberculosis (TB) elimination. The report also mentioned India as the worst-hit country in TB elimination, where the detection of new TB cases saw a huge impact in 2020. A dramatic reduction of 20% TB cases were witnessed in 2020 as compared to 2019, ie; a gap of 4.1 million cases.
About World Health Organisation (WHO):
Established – 7 April 1948
1st Director-General – Brock Chisholm (Canada)
Headquarters – Geneva, Switzerland
India’s Steel Ministry Signed MoU with Russia’s Minister of Energy for Collaboration in Coking Coal Sector
Ministry of Steel, Government of India(GoI) and the Ministry of Energy of the Russian Federation signed a Memorandum of Understanding (MoU) for collaboration in the mining and steel sectors, with special focus on coking coal, in Moscow during the Russian Energy Week(REW)13-15 October 2021.
The MoU was signed by Ram Chandra Prasad Singh, Union Minister of Steel, India and Nikolay Shulginov, Minister of Energy of the Russian Federation.
Objective: Collaboration in coking coal used in steel making and Research and Development (R&D) in steel sector.
About Russian Energy Week:
i.Russian Energy Week International Forum was established by the Russian Government in 2016 and held since 2017.
ii.The Forum is held to demonstrate the prospects of the Russian fuel and energy industry and unlock the potential of international cooperation in energy The forum is organized by the Ministry of Energy of the Russian Federation and the Government of Moscow. The Forum is operated by the Roscongress Foundation.
About Ministry of Steel:
Union Minister– Ram Chandra Prasad Singh(Rajya Sabha- Bihar)
Minister of State– Faggan Singh Kulaste(Constituency- Mandla, Madhya Pradesh)
PM Narendra Modi Launched 7 DPSUs Carved out of OFB; E. R. Sheikh Became 1st Director-General of the Ordnance Directorate
Prime Minister Narendra Modi launched the 7 newDefence Public Sector Undertakings (DPSUs) that were carved out of the Ordnance Factory Board (OFB) and dedicated them to the nation.
Background: In September 2021, the Ministry of Defence (MoD) had dissolved the OFB and transferred the OFB’s employees, management, and assets to the 7 DPSUs. The 7 DPSUs include – Munitions India Ltd (MIL), Armoured Vehicles Nigam Ltd (AVANI), Gliders India Limited (GIL), Advanced Weapons and Equipment India Ltd (AWE India), Troop Comforts Ltd (TCL), Yantra India Ltd (YIL), and India Optel Ltd (IOL).
Note – The MoD has set a target of achieving a turnover of Rs 1.75 lakh crore in aerospace, defence goods and services by 2024, including exports of Rs 35,000 crore.
-E. R. Sheikh Assumed Charge as 1st Director-General of the Ordnance Directorate
The 1984 batch Indian Ordnance Factory Service (IOFS) officer, E.R. Sheikh assumed charge as 1st Director-General of the Ordnance Directorate (Co-ordination and Services), which is the successor organization of OFB.
About Ministry of Defence (MoD):
Union Minister – Raj Nath Singh (Constituency – Lucknow, Uttar Pradesh)
Minister of State – Ajay Bhatt (Nainital-Udhamsingh Nagar, Uttarakhand)
RailTel & C-DOT Signed MoU to Boost Expansion of Telecom Services in India
RailTel Corporation of India Ltd(RailTel), under the Ministry of Railways,has signed a Memorandum of Understanding(MoU) with the Centre for Development of Telematics (C-DOT), a research centre under the Department of Telecommunication, Ministry of Communications, to cooperate in diverse areas of telecom with a focus on boosting modernisation and expansion of community networks in India. The MoU signed at the C-DOT, Delhi campus is a part of the “Azadi Ka Amrit Mahotsav”.
About the MoU:
i.TheMoU will enable both RailTel and C-DOT to leverage their expertise in their respective domain. C-DOT will bring its Research and Development(R&D) expertise in designing state-of-the-art indigenous technologies and RailTel will be deploying these solutions.
ii.Under this MoU, the synergy between C-DOT and RailTel will support providing affordable broadband services to the people in rural areas by reducing the cost of equipment, using C-DOT’s home-grown technology.
RBI Withdrew all Restrictions Imposed on Hindu Cooperative Bank; Authorised KVB to Collect Direct Taxes
The Reserve Bank of India (RBI) in the exercise of power under sub-section (2) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, RBI withdrew all restrictions imposed on Hindu Cooperative Bank Limited, Pathankot, Punjab.
RBI had issued ‘Directions to stipulate certain restrictions on Hindu Cooperative Bank Ltd’ in the exercise of powers vested under sub-section (1) Section 35 A read with Section 56 of the Banking Regulation Act, 1949. The directions were modified from time to time and were last extended up to October 24, 2021.
Note – RBI imposed a monetary penalty of Rs 1 lakh on KurlaNagarikSahakari (KNS) Bank Ltd., Mumbai, Maharashtra, for contravention of certain norms related to the Depositor Education and Awareness Fund Scheme, 2014.
About KarurVysya Bank (KVB):
Establishment – 1916
Headquarters – Karur, Tamil Nadu
MD & CEO – B. Ramesh Babu
Tagline – Smart Way to Bank
BSE Signs MoU With Business Leadership League To Help SMEs
The BSE (Formerly Bombay Stock Exchange) signed a Memorandum of Understanding (MoU) with the Business Leadership League (BLL). This will help the aspiring SMEs (Small Medium Enterprises) to align and strategize about their innovative solutions and to get prepared for listing on BSE SME Platform.
To provide benefit to SMEs by education and knowledge to function efficiently.
About Business Leadership League (BLL):
Founder & Chief Executive Officer-Swetapadma Mohanty
Headquarters- Navi Mumbai, Maharashtra
About BSE SME and Startups:
Head- Ajay Thakur
Deputy General Manager– Anand Chari
Headquarters– Mumbai, Maharashtra
SEBI Formed 4-Member Advisory Committee on Settlement Orders Chaired by Vijay C Daga
The Securities and Exchange Board of India (SEBI) constituted a 4-member advisory committee on settlement orders and compounding of offences. The advisory committee will be chaired by Vijay C Daga, retired judge of the High Court of Bombay.
Other members: The other members of the panel include PK Malhotra, the former law secretary in the Ministry of Law & Justice, PR Ramesh, ex-Chairman of Deloitte Haskins & Sells LLP and DN Raval, Partner at Raval&Raval Associates. The committee will work as per the SEBI (Settlement Proceedings) Regulations, 2018.
Note – The provisions of the Settlement Proceedings regulation will not apply in the case of proceedings pending before the Tribunal or any court.
About Securities and Exchange Board of India (SEBI):
Establishment – 1992
Headquarter– Mumbai, Maharashtra
Chairman– Ajay Tyagi
Chennai Super Kings (CSK) under the Captaincy of Mahendra Singh Dhoni (MS Dhoni) won their 4th IPL Title, after defeating Kolkata Knight Riders (KKR) in the finals of the 14th Edition of Indian Premier League (IPL) or IPL 2021 or Vivo IPL 2021.Final was held at Dubai International Cricket Stadium, UAE. Stadiums – M. A. Chidambaram Stadium- Chennai, Tamil Nadu; Wankhede Stadium- Mumbai, Maharashtra; Narendra Modi Stadium -Ahmedabad, Gujarat; Arun Jaitley Stadium – New Delhi, Delhi; Dubai International Cricket Stadium, Dubai; Sheikh Zayed Cricket Stadium, Abu Dhabi; Sharjah Cricket Stadium, Sharjah. Team Captains – CSK was lead by MS Dhoni, India & KKR was led by Eoin Morgan (Irish-born England cricketer) i.Faf Du Plessis (South Africa), who played his 100th IPL game, was the top scorer for CSK in the finals. He was awarded the ‘Man of the Match’ award for his match winning 86 runs. ii.Orange Cap – Ruturaj Gaikwad (CSK) scored a massive 635 runs in 16 matches in the 14th IPL to win the Orange Cap which is given to the most run scorer of the tournament. iii.Purple Cap – Harshal Patel, from Royal Challengers Bangalore (RCB), won the Purple Cap for picking up the most number of wickets in the current season. He picked 32 wickets in 15 matches, to equal Dwayne Bravo’s (CSK) 2013 record for the most wickets in a single IPL edition. About Board of Control for Cricket in India (BCCI): President – Sourav Ganguly Headquarters – Wankhede Stadium – Mumbai, Maharashtra About IPL: Founded – 2008 1st Title Winner – Rajasthan Royals (Captain – Shane Warne)
Ireland’s Amy Hunter hit 121 not out on her 16th birthday against Zimbabwe, making her the youngest batter to score an ODI century in either men’s or women’s cricket. The Belfast batter – who was playing in only her fourth ODI – broke the record previously held by India’s Mithali Raj, scorer of a century against Ireland in 1999 when she was 16 years 205 days.
Highlights of IPL 2021 – CSK wins 4th IPL Title
Chennai Super Kings (CSK) under the Captaincy of Mahendra Singh Dhoni (MS Dhoni) won their 4th IPL Title, after defeating Kolkata Knight Riders (KKR) in the finals of the 14th Edition of Indian Premier League (IPL) or IPL 2021 or Vivo IPL 2021.Final was held at Dubai International Cricket Stadium, UAE.
Stadiums – M. A. Chidambaram Stadium- Chennai, Tamil Nadu; Wankhede Stadium- Mumbai, Maharashtra; Narendra Modi Stadium -Ahmedabad, Gujarat; Arun Jaitley Stadium – New Delhi, Delhi; Dubai International Cricket Stadium, Dubai; Sheikh Zayed Cricket Stadium, Abu Dhabi; Sharjah Cricket Stadium, Sharjah.
Team Captains – CSK was lead by MS Dhoni, India & KKR was led by Eoin Morgan (Irish-born England cricketer)
i.Faf Du Plessis (South Africa), who played his 100th IPL game, was the top scorer for CSK in the finals. He was awarded the ‘Man of the Match’ award for his match winning 86 runs.
ii.Orange Cap – Ruturaj Gaikwad (CSK) scored a massive 635 runs in 16 matches in the 14th IPL to win the Orange Cap which is given to the most run scorer of the tournament.
iii.Purple Cap – Harshal Patel, from Royal Challengers Bangalore (RCB), won the Purple Cap for picking up the most number of wickets in the current season. He picked 32 wickets in 15 matches, to equal Dwayne Bravo’s (CSK) 2013 record for the most wickets in a single IPL edition.
About Board of Control for Cricket in India (BCCI):
President – Sourav Ganguly
Headquarters – Wankhede Stadium – Mumbai, Maharashtra
Founded – 2008
1st Title Winner – Rajasthan Royals (Captain – Shane Warne)
China Launched 1st Solar Exploration Satellite and Shenzhou-13 on a 6-month Space Station Mission
China has successfully launched its 1st solar exploration satellite into space from the Taiyuan Satellite Launch Center in northern Shanxi Province aboard a Long March-2D rocket. The Satellite has entered its planned orbit. 10 small satellites, an orbital atmospheric density detection experimental satellite, and a commercial meteorological detection constellation experimental satellite were also sent into space with the use of the same Long March-2D rocket.
-China Launches Shenzhou-13 with 3 Astronauts on a 6-month Space Station Mission : China launched a 3-person crew for a 6-month mission aboard its space station. The launch is planned to set a new record for the length of time spent in space (i.e. the longest orbit) by Chinese astronauts. The Shenzhou-13 spaceship carrying the three astronauts was launched by a Long March-2F rocket. Shenzhou-13 is the 5th mission to the structure and it means ‘Divine Vessel’. The new crew consists of Pilot ZhaiZhigang, Wang Yaping (the only woman on the mission), and Ye Guangfu.
Capital – Beijing
President – Xi Jinping
Alexander Schallenberg Sworn in as Austria’s New Chancellor; Replaced Sebastian Kurz
Austrian President Alexander Van der Bellen Presided over the Swearing in Ceremony of Alexander Schallenberg as the new Chancellor of Austria at the Hofburg palace in Vienna, Austria. Alexander Schallenberg, who is currently serving as the foreign minister, has replaced Austria’s Chancellor Sebastian Kurz, who stepped down amid corruption allegations. Sebastian Kurz was the youngest chancellor in Austrian history. He was first elected into office in 2017 at the age of 31.
About Alexander Schallenberg:
i.Alexander Schallenberg, born in Bern, Switzerland, joined the diplomatic service in 1997.
ii.He is a member of the Austrian People’s Party (Österreichische Volkspartei; ÖVP).
iii.He was appointed as the foreign minister in June 2019.
President– Alexander Van der Bellen
Sajjan Jindal-1st Indian Appointed as Chairman of World Steel Association
The World Steel Association (WSA) appointed Sajjan Jindal, Chairman and Managing Director of JSW Steel Limited as the Chairman of WSA for the period 2021-22.Jindal will be the first representative from India to serve as Chairman of the WSA.
Yu Yong, chairman of BHIS Group Ltd was heading as the chairman of Worldsteel for the last two years and he is now appointed as the vice-chairman, succeeded by Jindal.
India in Steel Production
According to the World Steel Association (WSA) data, India now ranks as the second-largest producer of crude steel after China.
About World Steel Association (WSA)
Headquarters– Brussels, Belgium
Founded– 10 July 1967