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IWAI & CSL signed MoU to build India’s 1st Hydrogen Fuel Cell Catamaran Vessel and Electric Hybrid Vessels
On November 11, 2022, Cochin Shipyard Limited (CSL) signed a Memorandum of Understanding (MoU) with Inland Waterways Authority of India (IWAI) to build India’s first indigenous hydrogen fuel cell catamaran vessel for Varanasi, Uttar Pradesh(UP).
- CSL has also signed MoU to construct electric catamaran vessels for UP and Assam.
The MoU was signed in the presence of Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, Union Minister for Heavy Industry Mahendra Nath Pandey, Chief Minister(CM) of UP Yogi Adityanath at Varanasi, UP.
i.The hydrogen fuel cell catamaran will be an airconditioned vessel with 100-passenger capacity. It will reduce carbondioxide emissions by 250 MT (metric Tonne) annually.
ii.The design and development of this vessel will be undertaken by CSL in collaboration with KPIT Technologies Limited, Pune (Maharashtra).
- It will be designed to Indian Register of Shipping (IRS) standards.
ii.The vessel will be deployed at Varanasi after test and trial runs in Kochi (Kerala).
iii.Based on the success of the project, the technology can be adopted for greening of cargo vessels and small country crafts.
Building of 8 Hybrid electric Catamaran vessels:
CSL also inked an MoU for the construction of 8 Hybrid electric Catamaran vessels viz. six hybrid electric catamaran vessels for UP and two for Assam with an outlay of Rs 130 crores.
i.The vessels will have a capacity of 50 persons and will be deployed in Varanasi, Ayodhya, Mathura-Vrindavan of UP and Guwahati in Assam.
ii.It will reduce carbondioxide emissions by 200 MT annually.
iii.It will be designed to IRS standards.
Highlights of PM Narendra Modi’s Visit to Bengaluru, KarnatakaThe Prime Minister (PM) of India, Narendra Modi, visited Bengaluru in Karnataka, to inaugurate the second terminal of Kempegowda International Airport, to flag off South India’s first Vande Bharat Express & Kashi Darshana train at KSR railway station, and to unveil the 108-foot-high bronze statue of Bengaluru founder Nadaprabhu Kempegowda.
PM Narendra Modi has inaugurated the newly built Terminal 2 of the Kempegowda International Airport (KIA) in Bengaluru, Karnataka, which is built at an investment of Rs. 5,000 crores.
- The terminal, nicknamed “Terminal in a Garden,” is an eco-friendly structure built using bamboo and can accommodate 2.5 crore passengers per year.
He has flagged off the ‘Chennai-Mysuru Vande Bharat Express’ train at the Krantiveera Sangolli Rayanna (KSR) Railway Station in Bengaluru, Karnataka.
- This is the first Vande Bharat Express train in South India and the fifth such train in India.
PM Narendra Modi unveiled the 108-foot bronze statue of Bengaluru founder Nadaprabhu Kempegowda, labelled as the “Statue of Prosperity.”
- The statue was built to honour Nadaprabhu Kempegowda’s contribution to the development of Bengaluru.
According to the “World Book of Records,” it is the “first and highest bronze statue of a city founder.”
About Ministry of Railways:
Union Minister – Ashwini Vaishnaw (Rajya Sabha – Odisha)
Minister of State (MoS) – Danve Raosaheb Dadarao; Darshana Vikram Jardosh
>> Read Full News
Aquaconnect becomes 1st Indian Fisheries Start-Up to get ISO 27001 Certification
Chennai-based Aquaconnect, a technology-driven full-stack aquaculture inputs and outputs platform with embedded fintech that is supported by a physical and digital (phygital) distribution network, has received ISO 27001 certification for Information Security Management (ISM).
It is the 1st Indian Fisheries Start-up to earn this recognition.
- Aquaconnect has implemented an ISM System and achieved the requirements for platform development, operations, security, and the delivery of various services to aquaculture stakeholders across the globe.
- ISO/IEC 27001 is the leading international information security standard.
- Aquaconnect is now fully equipped to maintain its data and periodically monitor information security, making its platform more trustworthy.
Note: ISO 27001 certification is a significant step towards reassuring farmers, aqua partners, buyers, and financial institution partners that Aquaconnect takes information security management seriously.
US Treasury removes India from its Currency Monitoring List
On November 11, 2022, According to the report ‘Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States’ the United States (US) Department of Treasury removed India along with Italy, Mexico, Thailand and Vietnam from its Currency Monitoring List of major trading partners that merit close attention to their currency practices and macroeconomic policies.
- India had been on the list for the last two years.
This move followed the US’ Secretary of the Treasury Janet Yellen visit to New Delhi where she held talks with Finance Minister Nirmala Sitharaman. She also addressed the the US-India Businesses and investment Opportunities event in New Delhi.
Currency Monitoring List:
An economy meeting two of the three criteria in the Trade Facilitation and Trade Enforcement Act of 2015 is placed on the Watch List. the country meeting all three criteria are labelled as a ‘currency manipulator’.
The US Treasury Department assess the macroeconomic and exchange rate policies of the US’ trading partners for three specific criteria:
- A significant bilateral trade surplus with the United States is a goods and services trade surplus that is at least USD 15 billion
- A material current account surplus is one that is at least 3% of Gross domestic product (GDP), or a surplus for which the Treasury estimates there is a material current account “gap” using the Treasury’s Global Exchange Rate Assessment Framework (GERAF).
- Persistent, one-sided intervention occurs when net purchases of foreign currency are conducted repeatedly, in at least 8 out of 12 months, and these net purchases total at least 2% of an economy’s GDP over a 12-months.
i.In this biannual report, Treasury reviewed and assessed the policies of major US trading partners, comprising approx 80% of US foreign trade in goods and services, during the four quarters through June 2022.
ii.China, Japan, Korea, Germany, Malaysia, Singapore, and Taiwan are the seven economies that are a part of the current monitoring list.
iii.Once again, Switzerland has exceeded the thresholds of all 3 criteria and it is being labelled as a “Currency Manipulator.
FAO Report: “Food Outlook” – November 2022 Edition; Warns of Concerns as Global Food Import Bill Approaches USD 2 Trillion
The Food and Agriculture Organization (FAO) of the United Nations (UN) has published a report titled “Food Outlook”: Biannual Report on Global Food Markets (November 2022 edition) that projects higher-than-anticipated increase in world food import bill, with an estimated USD 1.94 trillion (~USD 2 trillion) in 2022.
- According to the report, many economically weaker countries pay more while receiving less food, while importing nations deal with price hikes for basic commodities like grains and vegetable oils, signalling a rise of food insecurity.
Food Outlook by FAO
FAO’s Food Outlook is a biannual publication (May/June and November/December) that focuses on developments affecting global food and feed markets.
Note: The FAO’s food import bill covers a wider range of items, from fruits and vegetables to seafood, cocoa, tea, and spices, as well as beverages and staples like grains and meat.
i.According to the Food Outlook report, the new forecast indicated an all-time high and a 10% increase over the record level of 2021.
ii.High-income nations are responsible for the bulk of the bill increase, which is primarily attributable to rising global prices, while volumes are also expected to rise.
iii.The aggregate food import bill for the group of low-income nations is likely to stay nearly unchanged, despite a predicted 10% decrease in volume terms.
iv.Food imports will surpass the all-time record by USD 180 billion, or 10% in 2021, with high-income and upper-middle-income countries pushing the increase.
v.The global import bill for agricultural inputs such as fertilisers, fuel, and seeds are predicted to reach a record USD 424 billion in 2022, an increase of 48% from 2021 and up to 112% from 2020.
BANKING & FINANCE
SEBI introduces Regulatory Framework for Online Bond Platform Providers; Tweaks takeover code to Facilitate Disinvestment of PSUsi.The Securities and Exchange Board of India (SEBI) introduced a regulatory framework to facilitate online bond platforms providers that are selling listed debt securities w.e.f. November 9, 2022.
ii.In this regard, SEBI has amended NCS (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
iii.SEBI also amended its Takeover Code to facilitate transactions involving change in control/disinvestment of State-owned enterprises or Public Sector Undertakings (PSUs).
iv.SEBI notified rules reducing the minimum holding requirement of Real Estate Investment Trust (REITs) units by sponsors to 15% from 25% at present to encourage more companies to float REITs.
About Securities and Exchange of India (SEBI):
Chairperson – Madhabi Puri Buch
Headquarters – Mumbai, Maharashtra
Establishment – 1992
>> Read Full News
Union Bank of India Launches Union Vyom App & Various New Products on its 104th Foundation Dayi.On November 11, 2022, the Union Bank of India (UBI) celebrated its 104th foundation day at Mumbai, Maharashtra. The bank started its operation on November 11, 1919, and its head office building at Mumbai, Maharashtra was inaugurated by the Father of the Nation, Mahatma Gandhi in 1921.
ii.As a part of celebrations, the bank has launched the Union Vyom app & various other digital products.
iii.Union Vyom App is the super app of the Bank providing one stop solution for all financial products. This app enables the customer to do online transactions, avail Retail, MSME (Micro, Small & Medium Enterprises), loan, credit card, make investment, among others.
About Union Bank of India (UBI):
MD & CEO– A. Manimekhalai (the first Woman chief of UBI)
Headquarters– Mumbai, Maharashtra
Tagline– Good People to Bank with
>> Read Full News
RBI Approves Amalgamation of Shree Sharada Sahakari Bank with Cosmos Co-operative Bank
The Reserve Bank of India (RBI) has approved the amalgamation of Shree Sharada Sahakari Bank Ltd. in Pune, Maharashtra, with The Cosmos Co-operative Bank Ltd. in Pune, Maharashtra.
- RBI has approved the scheme in accordance with the authority granted under Section 44A read with Section 56 of the Banking Regulation Act, 1949 as amended vide the Banking Regulation (Amendment) Act, 2020 (39 of 2020).
- This merger in the cooperative banking sector is the first of its kind since the RBI issued a circular on the absorption of smaller banks by larger entities in March 2021 and 16th of its kind by Cosmos Bank.
With effect from October 30, 2022, all Shree Sharada Sahakari Bank Ltd. branches in Pune would function as branches of The Cosmos Co-operative Bank Ltd. in Pune.
RBI Revokes Authorisation Certificate of Chennai-Based GI Technology
The RBI has revoked the Certificate of Authorization (CoA) of GI Technology Private Limited, citing governance concerns and non-compliance with regulatory requirements.
- GI Technology Private Limited is a Payment System Operator (PSO) based in Chennai (Tamil Nadu) that issues and operates prepaid payment instruments.
The RBI has cancelled the CoA in accordance with Section 8 of the Payment and Settlement Systems Act, 2007.
- Following the termination of the CoA, the company is no longer permitted to issue or operate prepaid payment instruments.
- However, customers or merchants who have a valid claim on the firm as PSO, can approach the company for settlement of their claims.
HDFC Bank Partners with Arzooo to Offer Purchase Cards to RetailersHDFC Bank Partnered with Arzooo to launch Purchase cards that are exclusively designed for offline small and mid-sized retailers with an aim to roll out over one lakh cards in the next 12 months.
- The existing 40,000 retail partners on the Arzooo platform will now be able to manage their working capital efficiently.
i.The purchase cards are provided with interest-free credit for up to one month with a credit limit of up to Rs 1 crore.
- In addition, the card is also integrated with the Arzoo mobile application for ease of use during checkout.
ii.These credit cards will provide easy access to huge untapped markets in tier II and tier III cities, especially those that are in demand of white goods, white goods means Large electrical goods used domestically such as refrigerators and washing machines, typically white in colour.
iii.In 2022, Arzooo disbursed around Rs. 100 Crore worth of credit to retailers. The growth of retailers who took credit was over 800 % and also the sales on the Arzooo platform grew by 400% due to access to capital along with an increase in demand.
About HDFC Bank:
Managing Director (MD) & Chief Executive Officer (CEO) – Sashidhar Jagdishan
Headquarters – Mumbai, Maharashtra
Established – 1994
AWARDS & RECOGNITIONS
BPCL recognised as India’s most Sustainable Oil & Gas Company
In the 2022 edition of the S&P Dow Jones Sustainability Indices (DJSI) Corporate Sustainability Assessment (CSA) rankings, Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, ranked 1st in the Indian oil and gas sector for its Sustainability Performance.
- It is the 3rd year in a row that BPCL has topped the DJSI Indices in India, with a score of 65% points against an industry average score of 31, far exceeding last year’s score of 59 against an industry average score of 39 on the DJSI platform.
West Bengal Govt’s Lakshmir Bhandar bags the SKOCH Award
West Bengal (WB) has bagged the prestigious SKOCH award in the women and child development category for its popular ‘Lakshmir Bhandar‘ scheme. The award recognizes both the government and 2 crore women of the state who have been empowered by the scheme.
- The WB government launched the scheme in August 2021 to provide financial support to a woman head of a family, aged between 25-60 years.
- The scheme provides Rs 500 per month to people in the general caste category and roughly Rs 1,000 per month to those in the Scheduled Caste (SC) and Scheduled Tribes (ST) categories.
Note: The SKOCH award is awarded for several reasons, including strong governance, inclusive growth, excellence in technology and applications, change management, corporate leadership, empowerment, and a few others.
APPOINTMENTS & RESIGNATIONS
ICC re-elected Greg Barclay as Independent Chair for 2-year termOn 12th November 2022, Greg Barclay was re-elected as the Independent Chair of the International Cricket Council (ICC) for a second 2-year term.
- Greg Barclay was 1st appointed as the Independent Chair in November 2020.
- Zimbabwe’s Tavengwa Mukuhlani, who was contesting for the Independent Chair position, withdrew his nomination, allowing Greg Barclay to win unanimously.
BCCI Secretary Jay Shah was elected as the Head of ICC’s Finance and Commercials Affairs (F&CA) committee at a board meeting where Greg Barclay was unanimously re-elected.
About Greg Barclay:
i. Greg Barclay, an Auckland-based commercial lawyer, holds dual New Zealand and Canadian citizenship.
ii. He has been the Chair of the New Zealand Cricket (NZC – formerly known as New Zealand Cricket Council) since 2016, a member of the ICC Board since 2014, and a member of the Cricket World Cup 2015 board, which delivered the Men’s Cricket World Cup to Australia and New Zealand.
iii. In 2015, he was a Director of the ICC Men’s Cricket World Cup.
iv. He joined the board of Northern Districts and was chair of that organisation until he joined the NZC board in 2012.
About the International Cricket Council (ICC):
Chief Executive Officer (CEO) – Geoff Allardice
Headquarters- Dubai, United Arab Emirates
SCIENCE & TECHNOLOGY
Minister for Power RK Singh Launches Green Energy Open Access PortalOn 11th November 2022, Union Minister of Power and New and Renewable Energy, R K Singh launched the Green Energy Open Access Portal to promote clean and green energy initiated by the Government of India (GoI).
- The web portal was designed and developed by Power System Operation Corporation Limited (POSOCO), the central nodal agency for the implementation and operation of the portal.
- Attendees – Krishan Pal, Minister of State(MoS) for Power; Alok Kumar, Secretary (Power); S R Narasimhan, Chairman & Managing Director (CMD), POSOCO along with other senior officers were also present on the occasion.
About the portal:
i.This portal can be accessed for the processing of applications related to green energy open access by the stakeholders including open access participants, traders, Power Exchanges, National / Regional / State Load Despatch Centres, and Central/State transmission utilities.
ii.The portal has been launched with an aim to ensure affordable, reliable, sustainable, and green energy for all and also to continue several other initiatives.
iii.It also provides a transparent, simplified, uniform and streamlined procedure for granting open access to green energy that will be key to facilitating the deepening of electricity markets and enabling the integration of Renewable Energy (RE) resources into the grid.
i.The Green Energy Open Access rules support India’s vision of a transition to clean energy with the participation of all generators, DISCOMs, and other stakeholders.
ii.The Green Energy open Access is allowed to any consumer with load limit reduced from 1000 kW to 100 kW and allows consumers to access green power easily through transparent, simplified, uniform and streamlined procedure
- The Approval for Green Energy Open Access will be granted to a Consumer in a time-bound manner within 15 days.
iv.Background – On 6th June 2022 Ministry of Power notified the Electricity (Promoting Renewable Energy through Green Energy Open Access) Rules, 2022 for the promotion of the generation, purchase and consumption of green energy including the energy from waste-to-energy plants.
President Droupadi Murmu Launches e-KUMBH Portal in Bhubaneswar
On 11th November 2022 the President of India, Droupadi Murmu, launched e-KUMBH (Knowledge Unleashed in Multiple Bharatiya Languages) portal which contains engineering courses and books would be available in 12 scheduled Indian languages from Jayadev Bhawan, Bhubaneswar, Odisha.
- She also released 20 engineering books, 9 for graduation and 11 for diploma students of engineering, are translated by the Technical Education Department in collaboration with the Institute of Odia Studies and Research (IOSR). The All India Council for Technical Education (AICTE) signed an MoU with IOSR on 18th October 2021, to introduce engineering education in the Odia language.
- Glossary of 50,000 technical terms in Odia language developed by Commission for Scientific and Technical Terminology (CSTT).
i.The introduction of learning in regional and local languages will develop creative thinking and analytical skills among students along with intellectual development by providing equal opportunities to urban and rural students.
- It also help in building a well-educated, aware and a vibrant society.
ii.Until now, AICTE had completed translation of engineering courses available only in English into 12 scheduled Indian languages including Hindi, Marathi, Bengali, Tamil, Telugu, Gujarati, Kannada, Punjabi, Odia and Assamese.
- The book translation in Urdu and Malayalam languages is under process.
China successfully Launches Cargo Spacecraft for its Space Station in orbitOn 12th November 2022 China successfully launched its cargo spacecraft Tianzhou-5 upon the Long March-7 Y6 rocket, to deliver supplies for its Tiangong space station from the Wenchang Spacecraft Launch Site in the southern island province of Hainan.
- The construction of China’s space station is expected to be completed by the end of 2022.
i.Background – In October 2022, China launched the second lab called Mengtian module, the low-orbit space station to be part of its Tiangong space station.
ii.China will carry out two more missions including the Shenzhou-15 crewed spaceship and bringing the Shenzhou-14 crew back to Earth, after the launch of the Tianzhou-5 cargo craft
i.The Tianzhou-5 is a fully sealed cargo spacecraft that carried a total of 6.7 tonnes of supplies, including around 5.2 tonnes of life supplies and equipment along with 1.4 tonnes of propellant, sufficient to serve the demand of China’s future mission Shenzhou-15.
ii.Tianzhou-5 has expanded its storage capability with 8 storage tanks compared to previous models which had only four tanks.
NASA Partners with Pratt & Whitney for Developing Low-emission Aviation Engine Technology
National Aeronautics and Space Administration (NASA) has awarded the cost-share contract to Pratt & Whitney with a total value of USD 13.1 million under the project Hybrid Thermally Efficient Core (HyTEC) to advance new combustor designs for small core engines to revolutionise air travel and combat climate change.
About HyTEC Project:
i.The HyTEC project is part of NASA’s Sustainable Flight National Partnership, which aims to improve aircraft engine combustors to ensure the future of commercial flight is cleaner, more efficient and sustainable.
- It also supports the aviation industry’s goal to significantly reduce CO2 emissions by 2050 with various new innovations.
iii.The HyTEC project will develop highly efficient jet engines to support the future of sustainable aviation by using less energy, running on renewable fuels instead of fossil fuels, and enabling electrified propulsion for single-aisle commercial aircraft.
About the partnership:
i.Through the HyTEC project, Pratt & Whitney will demonstrate the compatibility of sustainable aviation fuels (SAFs) with advanced combustors for small-core engines.
ii.The project also includes developing and testing fuel and air mixers for optimal efficiency and measuring the emissions along with noise emitted using Jet A fuel and high blends of SAF.
iii.Background – In October 2021, NASA awarded Pratt & Whitney with two contracts under the HyTEC project to develop technologies for a high-pressure turbine which includes next-generation ceramic matrix composites (CMC) materials, that are capable of operating at higher temperatures.
- Both Pratt & Whitney and NASA have already led to several key advances in sustainable propulsion technologies including low-pressure-ratio fans, low-emissions combustors and high-performance hot sections.
About National Aeronautics and Space Administration (NASA):
Administrator – Bill Nelson
Headquarters – Washington D.C, United States
Union Minister Bhupender Yadav launches ESIC Online Maternity Benefit Claim Portal
On 10th November 2022, Bhupender Yadav, Union Minister of Labour & Employment, launched the Employees’ State Insurance Corporation’s (ESIC) Online Maternity Benefit Claim Portal during the commemoration of the 102nd birth anniversary of Dattopant Thengadi at Vigyan Bhawan, New Delhi, Delhi.
- Maternity Benefit is provided to insured women in the form of cash benefits in the event of certain situations, such as advanced pregnancy, after delivery, or in the tragic event of confinement or miscarriage, and who meet the eligibility standards.
- ESIC pays a maternity payment of 100% of the salary to the insured woman for 26 weeks to compensate for income loss after childbirth.
- During the fiscal year (FY) 2021-2022, 18.69 lakh women recipients received maternity benefits of Rs 37.37 crore.
Renowned Indian Mathematician, Padma Shri Awardee Dr RL Kashyap Passed Away
On 11th November 2022, Padma Shri Awardee Dr Rangasami Lakshminarayan Kashyap, renowned Indian Mathematician and Professor, passed away at the age of 84 in Gubbalala (Bengaluru), Karnataka.
About RL Kashyap:
i. Rangasami Lakshmi Narayan Kashyap was born on 28th March 1938 in Mysore, Karnataka.
ii. He was an Indian applied mathematician and a Professor of Electrical Engineering at Purdue University, United States of America (USA) and also the Director of the Sri Aurobindo Kapali Sastry Institute of Vedic Culture.
iii. He has published over 250 advanced research papers in international journals.
iv. His doctoral work “Ho-Kashyap Algorithms” is studied as text in several universities across the globe.
v. He made an immense contribution to the field of study of Vedas. He has also translated all four Vedas, a total of over 25,000 shlokas (verse, proverb, hymn or poem), into English in over 18 volumes.
i. RL Kashyap received Padma Shri Award for Literature and Education in 2021.
ii. He has received numerous international awards for his contributions to machine intelligence, including the King-Sun Fu Award, the JC Bose Award, and others.
World Pneumonia Day 2022 – November 12World Pneumonia Day is annually observed across the globe on November 12 to raise awareness and educate people about Pneumonia disease, the world’s most prominent infectious death of children under the age of 5.
World Pneumonia Day 2022 focuses on “Championing the fight to stop pneumonia“.
i. World Pneumonia Day was established under the Stop Pneumonia Initiative by the Global Coalition Against Child Pneumonia in 2009 to raise awareness about Pneumonia.
ii. The 1st World Pneumonia Day was observed on 12th November 2009.
i. Every year, globally, pneumonia kills over 7 lakh children under the age of 5, including over 1.53 lakh newborns, who are especially vulnerable to infection.
- At least one child dies every 45 seconds from pneumonia each day.
ii. Pneumonia accounts for 14% of all deaths of children under 5 years old, killing 740 180 children in 2019.
iii. Countries with the Largest Number of Child Pneumonia Deaths are The Democratic Republic of Congo, Ethiopia, India, Nigeria, and Pakistan.
>> Read Full News
Public Service Broadcasting Day 2022 – November 12
Public Service Broadcasting Day is annually observed across India on 12th November to commemorate Mahatma Gandhi’s first and only visit to All India Radio(AIR) in Delhi in 1947.
Public Service Broadcasting Day is also known as Jan Prasaran Diwas.
i.On 12th November 1997, an event was organised at the AIR premises to commemorate the 50 years of Gandhi’s visit to AIR studios.
ii.In 2001, the 12th November was officially declared Public Service Broadcasting Day.
- The day was conceptualised by Suhas Borker, Convenor, Jan Prasar.
About All India Radio(AIR):
All India Radio is a Public Service Broadcaster of India and the Radio vertical of Prasar Bharati.
Director General– Vasudha Gupta
Headquarters– New Delhi, Delhi
>> Read Full News
World Quality Week 2022 – 7-11 NovemberWorld Quality Week(WQW) is annually observed across the globe on the 2nd week of November to celebrate quality achievements, and recognise the quality professionals that use conscience in their decision-making at every level.
World Quality Week 2022 is celebrated from 7th to 11th November 2022
- World Quality Week 2021 was observed from 8th to 12th November 2021.
- World Quality Week 2023 will be observed from 6th to 10th November 2023.
The theme of World Quality Week 2022 is “Quality Conscience: Doing the Right Thing”
WQW is the flagship brand awareness campaign of the Chartered Quality Institute(CQI) to celebrate the quality management profession.
i.The Chartered Quality Institute (CQI), a business entity based in London, United Kingdom(UK) founded in 1919, declared the 2nd Thursday of November every year as World Quality Day.
ii.In 2021, the CQI has expanded the one-day celebration of quality management “World Quality Day” into a week-long event “World Quality Week”.
About Chartered Quality Institute(CQI):
President– Lord Jamie Lindsay
Headquarters – Central London, United Kingdom
Founded in 1919
>> Read Full News
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Current Affairs Today (AffairsCloud Today)
|S.no||Current Affairs 13 & 14 November 2022|
|1||MoU inked IWAI and CSL signed for India’s first Hydrogen Fuel Cell Catamaran Vessel and Electric Hybrid Vessels|
|2||Highlights of PM Narendra Modi’s Visit to Bengaluru, Karnataka|
|3||Aquaconnect becomes 1st Indian Fisheries Start-Up to get ISO 27001 Certification|
|4||US Treasury removes India from its Currency Monitoring List|
|5||FAO Report: “Food Outlook” – November 2022 Edition; Warns of Concerns as Global Food Import Bill Approaches USD 2 Trillion|
|6||SEBI introduces Regulatory Framework for Online Bond Platform Providers; Tweaks takeover code to Facilitate Disinvestment of PSUs|
|7||Union Bank of India Launches Union Vyom App & Various New Products on its 104th Foundation Day|
|8||RBI Approves Amalgamation of Shree Sharada Sahakari Bank with Cosmos Co-operative Bank|
|9||HDFC Bank Partners with Arzooo to Offer Purchase Cards to Retailers|
|10||BPCL recognised as India’s most Sustainable Oil & Gas Company|
|11||West Bengal Govt’s Lakshmir Bhandar bags the SKOCH Award|
|12||ICC re-elected Greg Barclay as Independent Chair for 2-year term|
|13||Minister for Power RK Singh Launches Green Energy Open Access Portal|
|14||President Droupadi Murmu Launches e-KUMBH Portal in Bhubaneswar|
|15||China successfully Launches Cargo Spacecraft for its Space Station in orbit|
|16||NASA Partners with Pratt & Whitney for Developing Low-emission Aviation Engine Technology|
|17||Union Minister Bhupender Yadav launches ESIC Online Maternity Benefit Claim Portal|
|18||Renowned Indian Mathematician, Padma Shri Awardee Dr RL Kashyap Passed Away|
|19||World Pneumonia Day 2022 – November 12|
|20||Public Service Broadcasting Day 2022 – November 12|
|21||World Quality Week 2022 – 7-11 November|