National News
India has stepped up efforts to reduce snakebite deaths by 2030.
India, which accounts for approximately 50% of global snakebite deathshas declared snakebite as a notifiable disease at the national level. The objective of this initiative is to reduce the high mortality and morbidity rates associated with snakebite, especially in rural and tribal areas and is in line with this. The World Health Organization (WHO) aims to halve global snakebite deaths and injuries by 2030. By mandating reporting of all snakebite cases and deaths, the move enables better surveillance, treatment and prevention strategies, providing hope to marginalized communities disproportionately affected by this neglected public health issue Is.
International news
US approves $1.17 billion deal for Indian Navy’s chopper equipment
The outgoing Biden administration has given a significant boost to India’s naval capabilities Approved a deal worth $1.17 billion under the Foreign Military Sales (FMS) program. To supply advanced communication systems, sensors and logistics support to the Indian Navy. Sikorsky MH-60R multi-role helicopter. The deal, part of a broader strategy to counter challenges in the Indian Ocean Region (IOR) from China and Pakistan, underscoring the growing defense partnership between India and the United States.
defense news
Adani Defense hands over second Drishti-10 drone to Indian Navy for maritime security
Adani Raksha has delivered Second Drishti-10 Starliner surveillance drone For the Indian Navy, to enhance the country’s maritime capabilities. This is a significant leap in India’s indigenous defense technology, underscoring the country’s focus on self-reliance. Drishti-10 drone is very advanced Intelligence, Surveillance and Reconnaissance (ISR) Platform designed to monitor vast maritime areas, reduce piracy and provide over-the-horizon surveillance with unmatched endurance.
economy news
Morgan Stanley cuts India’s FY25 GDP growth forecast to 6.3%
Morgan Stanley has revised India’s GDP growth forecast FY25 decline to 6.3%, out of that Previous estimate of 6.7%. This downward revision comes after India’s GDP growth rate slowed to 5.4% in the July-September 2024 quarter. This is its lowest level since March 2023. This reflects a macroeconomic slowdown due to weak private consumption and capital expenditure (capex), although the services sector has shown resilience. Despite this decline, Morgan Stanley maintains optimism for recovery Late FY25, Expected average growth of 6.6%The boost was boosted by government spending, improving rural demand and easing of financial conditions.
RBI increases UPI Lite wallet and transaction limits
To increase digital payments, the Reserve Bank of India (RBI) has increased UPI Lite Wallet limit Rs 5,000with an increase in Per transaction limit Rs 1,000. This adjustment was announced after Monetary Policy Committee (MPC) of RBI The meeting to be held on October 9, 2024, aims to promote widespread adoption of UPI Lite and ease offline transactions, providing a more seamless experience for users.
NSIC paid record dividend of Rs. Rs 37.97 crore for financial year 2023-24
National Small Industries Corporation Limited (NSIC), A Mini Ratna Enterprise Under MSME Ministry, achieved a milestone by paying its highest ever dividend Rupee. 37.97 crores To the Government of India for the financial year 2023-24. Chairman-cum-Managing Director, Dr. Subhransu Sekhar Acharyapresented a dividend check to Shri Jitan Ram Manjhi, Hon’ble Union Minister, And Sushri Shobha Karandlaje, Hon’ble MoS, Ministry of MSMEIn the presence of senior officials of the Ministry, this is a significant achievement in the history of the Corporation.
banking news
SEBI imposes fine of ₹9 lakh on Reliance Securities for rule violations
SEBI (Securities and Exchange Board of India) has imposed ₹9 lakh fine But Reliance Securities Limited (RSL) For violating stock broker norms and market rules after inspection. Action initiated after review of RSL records and documents From SEBI, NSE and BSE April 2022 to December 2023.
The inspection identified numerous violations, including poor record-keeping, unauthorized terminal use, and lack of proper office separation. Despite corrective steps taken by RSL, SEBI It was ensured that penalty is imposed for non-compliance during the inspection period.
schemes news
PMGDISHA achieves 6.39 crore digital literacy milestone
Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA)Launched to bridge the digital literacy gap in rural India, training has been successfully delivered 6.39 crore peopleExceeded its target of 6 crore rural households by March 31, 2024. This initiative, under Digital India ProgramWhich aims to empower one member of every rural family with essential digital skills. This scheme was implemented across the country through training centers under the supervision of Ministry of Electronics and Information Technology (MeitY) In collaboration with State Implementing Agencies.
PMSGMBY: 10 lakh solar installations by 2025, 1 crore by 2027
Pradhan Mantri Surya Ghar Muft Bijli Yojana (PMSGMBY)The world’s largest domestic rooftop solar scheme is rapidly changing India’s solar energy landscape. Launched in February 2024, the scheme has already made impressive achievements 6.3 lakh installations In just 9 months—on average 70,000 per monthrapid growth from 7,000 per month Before its launch. By march 2025Installations are estimated to exceed 10 lakhsAnd the goal of this plan is one crore established by March 2027,
Center launches eMaap portal for fair trade and consumer protection
Indian government is starting National Legal Metrology Portal (eMaap) Promote fair trade practices and enhance consumer protection. The initiative aims to ensure transparency, accountability and compliance with legal metrology standards. as part of Ministry of Consumer Affairs’ With the effort, the portal will streamline services for businesses and consumers, promoting a balanced marketplace.
important day news
World Soil Day 2024: Understanding its importance and combating soil erosion
world soil daycelebrated annually 5th DecemberHighlights the importance of healthy soils and advocates sustainable management of soil resources. This global event aims to raise awareness about soil conservation and its role in sustaining life on Earth.
International Volunteer Day 2024: Date, history and theme
United Nations (UN) celebrates International Volunteer Day for Economic and Social Development But 5th December annual. commonly known as International Volunteer Day (IVD)This special occasion provides a platform for volunteers from across the world to come together and highlight their invaluable contributions social and economic developmentThe day reminds us of the transformative power of volunteerism in tackling global challenges and promoting sustainable progress at local, national and international levels.
science and technology news
Amazon boosts AI with Nova Foundation model
Amazon has unveiled its Latest Innovations in Generic AI with Introduction to the NOVA Foundation Model (FM). These cutting-edge models, collectively branded as “Amazon Nova,” represent a significant leap in AI technology, designed to process diverse inputs such as text, images, and video. The Nova Series is designed to improve multimedia content creation, document analysis and video understanding, meeting the diverse needs of developers and businesses. Amazon’s advances aim to address challenges such as latency, cost-effectiveness, and optimization, positioning the company as a strong contender in the AI field alongside industry leaders. Like OpenAI, Meta and Adobe.
sports news
India won the 5th Junior Hockey Asia Cup, defeated Pakistan 5-3
in an exciting contest Muscat, Indian men’s junior hockey team beat arch rivals Pakistan sealed its fifth Junior Asia Cup title by 5-3 and their Third consecutive championship on 4 December 2024. With previous title wins in 2004, 2008, 2015 and 2023, this win adds another feather to India’s illustrious hockey cap. The hero of the match was Arijit Singh Hundal, who scored four remarkable goals, giving India a historic victory.
obituary news
Australian Davis Cup icon Neil Fraser dies at 91
Neil Fraser, OOne of Australia’s most famous tennis players and captains has died at the age of 91. Fraser’s contributions as a legend of the game, as a player and as a player Davis Cup captain heralds a golden era for Australian tennisRenowned for his skills in both singles and doubles, Fraser won a total of 19 Grand Slam titles and led Australia to eight Davis Cup victories.Cementing his legacy as a tennis icon.
