Current Affairs 16th November 2020

Table of Contents

1. International Day for Tolerance: 16 November

The United Nations(UN) International Day for Tolerance is annually observed on November 16. It educates people about the need for tolerance in society and to help them understand the negative effects of intolerance. On November 16, 1995, the UNESCO member states adopted the Declaration of Principles on Tolerance and Follow-up Plan of Action for the year.

2. Novak Djokovic equals Pete Sampras’s record

Novak Djokovic has equalled Pete Sampra’s record of winning six year-end number one trophies. He achieved the feat after he was given the ATP Tour Number One trophy on 15 Nov 2020 for finishing as the year-end number one. With this, he has become only the 2nd player in tennis history to do it 6 times. Before this, Djokovic had finished as world number one in 2011, 2012, 2014, 2015 and 2018.

3. India tops 75 crore Internet connections

The number of internet connections in India has breached a significant milestone of 75 crore as of August 31, 2020, 25 years after the service was first thrown open to the public on August 15, 1995. Most of the 75-crore+ connections are in urban areas and availed through wireless devices like mobile phornes and dongles.

4. Lewis Hamilton equals Schumacher’s record

Lewis Hamilton secured a record-equalling seventh Formula One world title after winning the Turkish Grand Prix. This victory equalled legendary German racer Michael Schumacher’s record of seven world titles. The 35-year-old novw have won 6 titles with Mercedes. Hamilton’s first title came with McLaren in 2008.

5. Tesla opens world’s largest Supercharger stn

Tesla opened the world’s new largest Supercharger station with 56 charging points. The Tesla super-charging network is located between the Bay Area and Los Angeles – two of the company’s biggest markets in the world. The EV maker has a few Supercharger stations in China with around 50 charging stalls but the latest station with 56 stalls is a new record for the company.

6. UAE expands 10-year residency ‘golden’ visa

The United Arab Emirates will extend its “golden” visa system – which grants 10-year residency in the Gulf state. All holders of doctorate degrees, medical doctors and also computer, electronics, programming, electrical and biotechnology engineers are eligible. After first announcing a long-term visa plan in 2018, the UAE in 2019 started granting 5- and 10-year renewable visas.

7. Sophie Devine creates unique sixes record

Sophie Devine became the first player to cross the 100 sixes mark in the Women’s Big Bash League (WBBL). She achieved the feat against Melbourne Renegades at the Spotless Stadium. During her innings, Devine smashed three sixes and as a result, she went past the 100 sixes mark in WBBL.

8. SpaceX launches 4 astronauts of NASA

SpaceX successfully launched four astronauts into space on its first commercial crew flight for NASA. NASA astronauts Mike Hopkins, Victor Glover, Shannon Walker, and JAXA astronaut Soichi Noguchi, will spend roughly six months on the International Space Station. SpaceX’s Crew-1 Dragon, called Resilience, is Ound for the International Space Station (ISS).

9. Apple joins industry group working towards 6G

Apple has become the latest major player to join the Next G Alliance, a coalition of companies working to define and develop the next generation of mobile technology, 6G. The Alliance for Telecommunications Industry Solutions launched the group, with backing from top US and Canadian operators, Ericsson and Nokia, among others. Its main aim is to establish North America as a leader in 6G.

10. Actor Soumitra Chatterjee passes away

Actor Soumitra Chatterjee passed away on 15 Nov in Kolkata following COVID-19 complications, He was 85. He had worked in acclaimed films like Ashani Sanket, Ghare Baire, Aranyer Din Ratri, Charulata, Shakha Proshakha, Jhinder Bandi and Saat Pake Bandha, among others. The actor was also a recipient of the Padma Bhushan (2004) and the Dadasaheb Phalke Award (2012).

11. Milly becomes 1st player to scalp 100 wickets

The Melbourne Renegades off-spinner Milly Strano became the first bowler to scalp 100 wickets in the Australian T20 tournament. Strano reached this feat during the face-off against Melbourne Stars, at the Sydney Showground Stadium on November 15. Strano claimed figures of 2 for 38 in her four overs, dismissing opener Elyse Villani and Alana King.

12. Nitish Kumar to take oath as Bihar CM

Nitish Kumar was elected unanimously at the meeting in the presence of defence minister Rajnath Singh, who was appointed as an observer by the BJP central leadership. Kumar will take oath as the chief minister for the seventh time on 16 Nov.Kumar was also elected as the JD (U) legislature party leader. Kumar is a member of the Bihar legislative council.

13. Haryana’s first woman MP Chandrawati dies

First woman MP and MLA from Haryana and former lieutenant governor of Puducherry, Chandrawati Devi, died. Chandrawati was the first woman from the Haryana region to become an MLA from the Badhra constituency. She became the first-ever woman MP from Haryana in 1977 when she defeated political stalwart, Chaudhary Bansi Lal, from the Bhiwani constituency.

14. PM Modi to unveil ‘Statue of Peace’

Prime Minister Narendra Modi will unveil ‘Statue of Peace’ to mark the 151st Birth Anniversary celebrations of Jainacharya Shree Vijay Vallabh Surishwer Ji Maharaj through video conferencing on 16 Nov. The 151-inch tall statue has been made from Ashtadhatu – 8 metals, with Copper being the major constituent. It is being installed at Vijay Vallabh Sadhana Kendra, Jetpura, in Pali, Rajasthan.

15. Remembrance for Road Traffic Victim day

November 15 marks World Day of Remembrance for Road Traffic Victims. The World Day of Remembrance for Road Traffic Victims was started by RoadPeace in 1993. On 26 October 2005, the United Nations endorsed it as a global day to be observed every third Sunday in November each year, making it a major advocacy day for road traffic injury prevention.

16. ‘Bande Utkala Janani’ becomes part of school

State song ‘Bande Utkala Janani’ will be part of the syllabus for Class IX and X across schools in Odisha. ‘Bande Utkala Janani’ is being sung as the concluding song on the final day of every Assembly session in Odisha. Written by eminent poet Laxmikanta Mohapatra, it was accorded the State Song status on June 7.

17. Ramsar Convention: 2 more wetlands in India

The Lonar Lake in Maharashtra and Sur Sarovar, also known as Keetham lake, in Agra, have been added to the list of recognised Ramsar sites. The Ramsar Convention on Wetlands of International Importance Especially as Waterfowl Habitat is a treaty for the conservation and sustainable use of such sites. It is named after Ramsar, the Iranian city where the treaty was signed in 1971.

18. Labour Ministry notifies draft rules

The Labour Ministry has notified Draft Rules under the Code on Social Security 2020. The draft rules provide for operationalization of provisions in the Code on Social Security, 2020. The Ministry has invited objections and suggestions, from the stakeholders. The draft rules also provide for Aadhaar based registration.

19. BJP leader Kailash Sarang dies

Senior Madhya Pradesh BJP leader Kailash Sarang passed away in November 2020. He made great efforts to strengthen the BJP across Madhya Pradesh. Prime Minister Narendra Modi also paid tribute to the departed leader. His son Vishwas Sarang is a minister in the Madhya Pradesh government.

20. First picking of Seedless Cucumber

In Jammu and Kashmir, the first picking of Seedless Cucumber has been inaugurated. It is being grown under protected cultivation at Krishi Bhawan, Jammu under vegetable Improvement Scheme. The Seedless Cucumber is tender-skinned (requires no peeling), bitter-free, crispy and tasty besides having dietary and health benefits being a good source of vitamins A, B & C and antioxidants.

21. West Pakistani Refugees can now cast vote

In J& K, for the first time in history, West Pakistani Refugees and Valmikis can now vote and contest elections as they were not entitled to the same since 1947. The west Pakistan refugees were settled mainly in border areas of Jammu and were not considered as permanent citizens. About 5764 Hindu and Sikh families popularly known as West Pakistan Refugees (WPRs) entered India in 1947.

22. Foriegn investors pump in over Rs 35,100 crore

Foreign investors pumped in over Rs 35,100 crore into the Indian capital markets so far in November 2020. Foreign portfolio investors, or FPls, invested Rs 29,436 crore in equities and Rs 5,673 crore in the debt segment during the November 2 and 13 period, taking the net investment into the Indian capital market to ₹35,109 crore. FPIs had pumped in Rs 22,033 crore in October 2020.

23. Japan’s economy exits recession

Japan’s economy exited recession in the third quarter, growing 5.0%, government data showed on 16 Nov 2020. A rise in domestic demand, as well as exports, helped drive the quarter-on-quarter growth after the coronavirus pandemic. The positive figures come after three-quarters of contraction in the world’s third-largest economy, with revised data showing the economy shrank 8.2% in Q2.

24. TA Associates to take stake in OmniActive

Global private equity investor TA Associates is all set to acquire a controlling stake in Mumbai-based nutraceutical ingredients player OmniActive Health Technologies. The fund will invest about $150 million to acquire about 60% stake in the company. The deal, expected to value the company at $250 million, will see the exit of existing investor Everstone Capital.

25. India’s rice bran oil imports to double

India’s rice bran oil imports from Bangladesh are set to double in 2020-21. Imports of rice bran oil from Bangladesh have already hit 60,000 tonnes during the April-October period compared with 75,000 tonnes during 2019-20. Rice bran oil originates in Bangladesh and is protected under the South Asian Free Trade Agreement.

26. VA Tech WABAG bags an award

VA Tech WABAG has bagged the award for best research innovation adaptation of new technology for water conservation from the Ministry of Jal Shakti. The company was awarded at the second edition of National water awards organised by the Ministry of Jal Shakti, department of water resources recently.

27. Axis Bank revises fixed deposit rates

Axis Bank has revised interest rates on fixed deposits with effect from 13 November 2020. It offers FDs across different tenures, ranging from 7 days to 10 years. After the latest revision, it is offering an interest rate of 2.50% on FDs with maturity between 7 days and 29 days, 3% for FDs maturing between 30 days and less than 3 months, 3.5% for FDs between 3 months and less than 6 months.

28. Asia-Pacific nations ink free trade agreement

15 Asia-Pacific countries have signed the worlds largest free trade deal, the Regional Comprehensive Economic Partnership (RCEP). The pact was open for accession by New Delhi, and the members will start talks whenever India indicates its willingness to join the grouping. India may participate in deliberations of the RCEP, which includes 10 South-East Asian economies.

29. SpaceX Dragon reaches orbit

Four astronauts reached orbit on a SpaceX rocket, in the company’s first regular NASA mission to the International Space Station. The rockets first stage successfully landed on a drone ship about nine minutes after liftoff. The Dragon will ferry the astronauts to the space station on SpaceXs first operational trip.

30. Reliance retail arm buys Urban Ladder

Reliance Industries Ltd (RIL) has acquired online furniture seller Urban Ladder Home Decor Solutions Pvt. Ltd for ₹182.12 cr, expanding its presence in India’s fast-growing e-commerce market. Reliance Retail Ventures Ltd (RRVL) bought 96% of Urban Ladder and has the option to buy the remaining 4% stake. RRVL proposes to make a further investment of up to ₹75 cr, taking its ownership to 100%.

31. UK to run final trials of Janssen vaccine

Britain will be the first country to run final stage trials of an experimental coronavirus vaccine being developed by the pharmaceutical company Janssen, a subsidiary of Johnson & Johnson. Scientists will begin recruiting some 6,000 people across the U.K. for the 12-month trial. The research will start first in Britain but aims to recruit a total of 30,000 people in 6 countries.

32. Walmart to sell Seiyu to KKR and Rakuten

Walmart Inc has agreed to sell most of the Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten in a deal that values Seiyu at 172.5 bilion yen ($1.65 billion). KKR will buy 65% of Seiyu and Rakuten will acquire a 20% stake while Walmart will retain 15%. The move will enable to Seiyu to accelerate its digital transformation.

33. Panchatatva Theme Park inaugurated

Telangana Municipal Administration and Urban Development (MA&UD) Minister K Taraka Ramarao has inaugurated a Panchatatva theme park within Hyderabads Indira Park. This park has been developed at a cost of Rs 17 lakh. The Indira Park spread over 16 acres has crosswalks, infinity walk, yoga shed, Raasi Vanam, open gym and herbal plants.

34. Karnataka sets aside ₹50 crore

Karnataka CM BS Yediyurappa has ordered formation of a new Maratha Development Authority for which 50 crores will be set aside. Authority has been formed for the development of the Maratha community residing in the state. The main focus of the authority will be on the educational, economical, social, and religious development of the community.

35. India announces $1 million aid to ASEAN Fund

PM Narendra Modi has announced $1 million aid to ASEAN Covid-19 Response Fund at the 17th ASEAN-India Summit held. He affirmed India’s resolve to work with the bloc in research and production of vaccines at reasonable prices. ASEAN leaders welcomed India’s Look East policy which lays emphasis on beefing up cooperation with ASEAN in a diverse and extensive manner.

36. IRCTC Bharat Darshan Yatra from December 12

The Indian Railway Catering and Tourism Corporation (IRCTC) will organise ‘Bharat Darshan-Dakshin Bharat Yatra’ from Hyderabad and Secunderabad from Dec 12 to 18, 2020. The theme of the yatra, which will cover Sri Rangam (Ranganathaswamy temple), Brihadeswara temple at Thanjavur, Rameswaram, Madurai Meenakshi and Kanyakumari, is to Show India to Indians’.

37. IFSCA approves Draft Banking Regulations

The International Financial Services Centres Authority (IFSCA) has approved draft banking regulations for banking operations at IFSCs. The aspects include laying down the requirements for setting up IFSC Banking Units (IBUs) and permitting persons resident outside India — having net worth of not less than $1 mn — to open foreign currency accounts in any freely convertible currency at IBUs.

38. Johnson & Johnson launches new trial

Johnson & Johnson has launched a new large-scale late-stage trial to test a two-dose regimen of its experimental COvID-19 vaccine. It will evaluate potential incremental benefits for the duration of protection with a second dose. It plans to enrol up to 30,000 participants for the study and run it in parallel with a one-dose trial with as many as 60,000 volunteers that began in Sept 2020.

39. Anurag Thakur: BJP’s election in-charge

BJP leader Anurag Thakur has been appointed as the election in-charge of the party for the upcoming local body polls in Jammu and Kashmir. The Dist Development Council (DDC) elections will be conducted in Jammu and Kashmir in 8 phases between Nov 28 and Dec 19, 2020. The mainstream parties, including the National Conference, are fighting the maiden DDC elections together.

Leave a Reply

Your email address will not be published. Required fields are marked *