International news
Moldova’s President Maia Sandu wins second term amid claims of Russian interference
Moldova as a pro-Western president Maiya Sandu Won a second term in a highly competitive presidential election. The country was divided over its future alignment – whether to move closer to the EU or maintain ties with Russia – overshadowed by allegations of election interference, vote-buying and intimidation. Sandu’s victory is seen as a decisive effort towards Moldova’s EU integration, but the result reflects deep-seated geopolitical tensions and internal divisions. According to the Central Electoral Commission (CEC) of Moldova, Maia Sandu won 55% of the vote against her Russia-aligned rival Alexandr Stoianglou, who won 45%. Sandu’s victory comes as a relief to Moldova’s pro-European government, which fully supported his re-election bid to accelerate Moldova’s path to EU membership.
Switzerland’s burqa ban law will take effect in 2025
Switzerland is ready to implement its controversial ““Burqa ban” starting from January 1, 2025, Following approval in a closely contested 2021 referendum. The law, which bans face coverings in public places, has sparked significant debate and criticism, particularly from Muslim associations.
Zimbabwe launches ZIMSAT-2 to advance space program
Zimbabwe has launched its second satellite, ZIMSAT-2, From Vostochny Cosmodrome in Russia, A major milestone in the country’s growing space programme. Equipped with a high-resolution multispectral camera, this satellite will aid in agriculture, resource exploration, environmental monitoring and disaster management. This follows the successful launch of Zimbabwe’s first satellite, ZIMSAT-1, In November 2022, marking continued progress in space technology and innovation.
economy news
Cabinet approves ₹10,700 crore equity investment for FCI
In a significant financial boost, Union Cabinet approved an equity investment of ₹10,700 crore For Food Corporation of India (FCI) on Wednesday… The move is expected to reduce FCI’s dependence on high-interest loans to finance large-scale food distribution efforts. This is in line with the government’s ongoing strategy to enhance food security and reduce the subsidy burden.
banking news
Deutsche Bank invests ₹5,113 crore to boost Indian operations
Deutsche Bank injected ₹5,113 crore inside it Indian operations, This is the largest capital investment in the country in recent years. The move, aimed at expanding growth financing and services in corporate, investment and private banking, reflects the bank’s long-term commitment to India. With this new capital, the regulatory capital for Deutsche Bank’s India branches has been increased 33% to about ₹30,000 crore, Three times in the last decade. The bank plans to leverage India’s strategic position in global trends such as digital transformation and infrastructure development to boost future growth.
business News
IFC invests $400 million in Bajaj Finance for climate and women empowerment
International Finance Corporation (IFC) has announced a strategic partnership with Bajaj Finance Limited (BFL)Committed $400 million as part of $1 billion Fundraising initiative to increase access to climate finance in India. This investment aims to expand financing for electric vehicles (EVs). Energy-Efficient Consumer Goods (EECG), And women-owned micro-enterprises are aligning with India’s climate goals and promoting financial inclusion.
Science and Technology News
World’s first wooden satellite, Lignosat
Japanese scientists launch the world’s first wooden satellite, named after LignosetWhich symbolizes a pioneering experiment in sustainable space technology. Developed by Kyoto University in collaboration with Sumitomo ForestryThe purpose of this satellite is to explore the potential of wood as a material for future space habitats and structures. The innovative project, which uses honoki wood, is designed to test the resiliency of wood in the extreme conditions of space, potentially paving the way for long-term human settlements in space with renewable resources.
schemes news
Cabinet approves PM-Vidyalakshmi scheme for higher education
The Union Cabinet met under the chairmanship of Prime Minister Narendra Modi, Has agreed to PM-Vidyalakshmi Yojana on 6 November 2024, Its objective is to provide financial assistance to meritorious students pursuing higher education. The scheme ensures collateral-free, guarantor-free loans to students who enroll Top 860 quality higher education institutions (QHEI) covers tuition fees and other educational expenses, across India. With an outlay of ₹3,600 crore, the scheme aims to benefit 22 lakh students annually, Empowering them to pursue their educational dreams without financial constraints.
state news
Ningol Chakkauba Festival celebrated with great enthusiasm across Manipur
Ningol ChakoubaOne of the most important festivals of Meitei community in Manipur, Celebrated with great religious enthusiasm and joy throughout the state. is traditionally held Second day of the lunar month of Hiyangei In meitei calendar, This festival is a symbol of family bonding and togetherness.
UP Cabinet approves ₹3,706 crore HCL-Foxconn Semiconductor project
The Uttar Pradesh Cabinet has approved a major semiconductor manufacturing project led by Vama Sundari Investments, a subsidiary of HCL Tech, in partnership with Foxconn. The ambitious facility, to be set up along the Yamuna Expressway, involves an investment of ₹3,706 crore and aims to strengthen India’s semiconductor production capabilities.
Telangana begins statewide caste census
Backward Class Welfare Minister of Telangana on November 6, 2024 Ponnam Prabhakar officially launched a Statewide door-to-door survey at Greater Hyderabad Municipal Corporation (GHMC) office In Hyderabad. Conducted by the State Planning Department, the survey aims to collect comprehensive data on the social, economic, political, caste and educational status of all households across Telangana.
Madhya Pradesh, Rajasthan form joint panel for cheetah project
In response to recent incidents of cheetahs wandering from Madhya Pradesh into neighboring Rajasthan, a joint corridor management committee has been established between the two states. The primary focus of the committee will be on the conservation of these cats, ensuring the development of suitable habitats and facilitating future translocation of cheetahs from Madhya Pradesh. Kuno National Park (KNP) and Gandhi Sagar Sanctuary.
Bihar’s Sultanganj station gets new name Ajgaibinath Dham
Sultanganj Railway Station in bihar Bhagalpur district Preparations are underway to change its name in honor of the revered Hindu shrine, Ajgaibinath Dham. This announcement was made by Bihar Deputy Chief Minister and BJP leader Samrat Chaudhary. He informed that the proposal to change the name of the station has been approved by Bhagalpur Municipal Council.
agreement news
$200 million agreement signed to enhance green mobility and urban infrastructure of Uttarakhand
The Government of India has signed a $200 million loan agreement with the Asian Development Bank (ADB) to enhance urban infrastructure and improve essential services in Uttarakhand. The initiative aims to modernize water supply systems, sanitation, urban mobility and other key public amenities, thereby promoting sustainable development in the state.
sports news
Max Verstappen wins at Brazil Grand Prix 2024
Max Verstappen’s unprecedented victory brazil grand prix Has taken the world of Formula 1 by surprise. Despite starting in 17th placeVerstappen wins in challenging rainy conditions Interlagos Circuit of Sao PauloHis remarkable drive, skill and flexibility not only impressed fans but also earned him praise Multiple World Champions of Formula 1Involved Lewis Hamilton And fernando alonsoThis victory takes Verstappen closer to his fourth consecutive victory. world championshipMaking him one of the greatest drivers in F1 history.
Books and Authors
Ramachandra Guha’s latest book, Speaking with Nature: The Origins of Indian Environmentalism
Famous historians and public intellectuals Ramchandra Guha Widely known for his keen insight into Indian history and society, especially as a biographer Mahatma GandhiHowever, his contributions extend far beyond biography and history; He is a pioneer in Indian language environmentalismHis latest book, Conversations with Nature: The Origins of Indian Environmentalism, This is a testament to his commitment towards exploring the unique ecological heritage of India. In this work, Guha challenges the traditional Western perspective on environmentalism and highlights India’s deep-rooted environmental consciousness, which has developed in response to socio-economic and cultural needs.
miscellaneous news
The fourth LG Cup Horse Polo-2024 tournament was inaugurated in Ladakh.
Brigadier (Dr.) BD Mishra (Retd.)The Lieutenant Governor of Ladakhinaugurated the much awaited 4th LG Cup Horse Polo-2024 Tournament on newly constructed Polo Stadium at Goshan, DrasThis event was organized by Department of Youth Services and Sports, UT LadakhMarked an important milestone for the region as it not only showcased the traditional sports horse polo Rather, there is increasing emphasis on youth Development And sports infrastructure In Ladakh.