International news
Israel joins Asian Development Bank (ADB) as 69th member country
In an important development for international financial cooperation, israel has become the newest non-regional member of Asian Development Bank (ADB)The Manila-based lender announced the news on Friday, which marks a major step for Israel in expanding its global strategic ties and economic reach. Israel officially joins Asian Development Bank (ADB) as its 69th member and 20th non-regional member after completing all necessary membership requirements.
Egypt declared malaria free: a milestone in public health
egypt It has reached an important public health milestone by being officially declared ‘Malaria free’ by the World Health Organization (WHO) on October 20, 2024. This achievement makes Egypt The second country in the world after Cabo Verde to receive this certification in 2024.
Maldives President launches UPI payment service to boost economy
Maldives President Mohammed Muizzu has announced the launch of Unified Payments Interface (UPI) of India To grow the country’s economy by improving financial inclusion and transaction efficiency. The initiative is part of a broader strategy to strengthen ties with India following Muizzu’s previous stance against Indian military presence in the Maldives.
a union led by Tradenet Maldives The corporation will manage the rollout, with government oversight from various ministries to ensure successful implementation.
Vietnam elects military leader Luong Cuong as president
parliament of vietnam elected army general Luong Cuong as the new state president, An important step towards restoring stability after a period of political turmoil. Cuong, 67, succeeds To Lam, who briefly held the presidency before assuming the more powerful role of party chief following the death of General Secretary Nguyen Phu Trong in July.
defense news
India strengthens navy with fourth nuclear submarine
India’s fourth nuclear-powered ballistic missile submarine (SSBN), was officially designated S4* launched into water According to official sources, at the shipbuilding center in Visakhapatnam. This advanced submarine represents A significant leap in capability and size compared to its predecessor INS Arihant (S2)Which primarily served as a technology demonstrator under the Advanced Technology Vessel Programme.
Swavalamban 2024: Advancing Naval Innovation and Indigenization
Curtain raising press conference for the third edition of Swavalamban 2024 Naval Innovation and Indigenization Organization (NIIO) of the Indian Navy The seminar was held on October 22, 2024 in New Delhi. chairmanship Vice Admiral Krishna Swaminathan, Vice Chief of Naval Staff (VCNS) at the event highlighted the Navy’s commitment to show significant progress in innovation and indigenization aimed at enhancing India’s defense capabilities. Scheduled for October 28-29, 2024 Bharat Mandapam, Swavalamban 2024 What promises to be a bigger and more impressive gathering.
Justice Yahya Afridi elected as next Chief Justice of Pakistan amid political unrest
a special parliamentary committee in Pakistan has appointed Justice Yahya Afridi as the next Chief Justice, bypassing the traditional seniority principle. This decision is as follows 26th constitutional amendmentWhich gave the committee the power to appoint the top judge, replacing the seniority-based elevation system. Afridi was chosen from among two senior judges, Mansoor Ali Shah and Muneeb AkhtarDue to which the concern of deepening political turmoil has increased.
state news
Odisha government extended casual leave for women employees
In a significant move, the Odisha government has announced an increase in Casual Leave (CL)) Eligibility for women employees, additional grant 12 days annually, effective immediately. With this, their total CL has become 27 days, whereas the CL of male employees is 15 days. Chief Minister Mohan Charan Majhi directed to increase Deputy CM Pravati Parida’s Earlier, one paid monthly leave per month was announced for women employees on Independence Day.
agreement news
India-Pakistan extended Kartarpur Corridor agreement for five years
In an important diplomatic development, India and Pakistan have agreed to renew their agreement on the Kartarpur Sahib Corridor for an additional five years. This comes just days after External Affairs Minister S Jaishankar’s visit to Islamabad, where he met Pakistan Prime Minister Shehbaz Sharif and Deputy Prime Minister Mohammad Ishaq Dar.
banking news
Frio secures IRDAI license to expand insurance offerings
Digital finance app Freeo receives corporate agent license Insurance Regulatory and Development Authority of India (IRDAI)thereby enabling it to offer a range of customized insurance products to its 25 million users. The initiative comes amid India’s low insurance penetration rate about 4.2%, which is quite low Global average 7%. with a commitment to “Insurance for all by 2047,” Freeo aims to provide affordable and seamless insurance solutions to meet the needs of its diverse user base, especially in tier II and III cities.
RBI updates warning list of unauthorized forex trading platforms
Reserve Bank of India (RBI) has expanded its ‘Warning List’ The addition of 13 new entities takes the total number of unauthorized forex trading platforms to 88. This list includes the names of entities that are not authorized to deal in foreign exchange. Foreign Exchange Management Act, 1999 (FEMA) or operating electronic trading platforms (ETPs) for foreign exchange transactions. Some notable additions to the list include TDFX, Infex and Ranger Capital. RBI stressed that this alert list also includes entities promoting unauthorized platforms through advertisements or claiming to provide training/consultancy services.
economy news
India’s economic growth is estimated at 7-7.2% for FY25
Deloitte India’s latest economic outlook Projects among which India’s economy will grow 7.0% and 7.2% In fiscal year 2024-25, despite the recent recession, GDP grew by only 6.7% year-on-year in Q1FY20. The growth is driven by favorable domestic conditions, including strong manufacturing activity, stable oil prices and an expected easing of US monetary policy, which may encourage capital inflows. The Reserve Bank of India (RBI) supports this outlook with a growth projection of 7.2%, reflecting confidence in India’s economic resilience.
IMF maintains India’s GDP growth at 7% for FY2025, 6.5% for FY26
International Monetary Fund (IMF) maintained it Growth projections for India, Economy expansion forecast 7% in FY25 and 6.5% in FY26. According to the IMF, the post-pandemic recovery driven by pent-up demand has largely played itself out as the economy is now aligned with its potential growth path. It reflects a stable outlook India’s resilience amid global economic uncertainties.
important day news
Disarmament Week 2024: 24-30 October
Disarmament week starts every year 24 Octobercoincides with anniversary of the founding of the united nationsThe week-long celebration is dedicated to raising awareness about the importance of disarmament and promoting international dialogue to reduce the proliferation and impact of weapons. It was first introduced in final document of 1978 special session of the United Nations General Assembly on disarmament (Resolution S-10/2) and reinforced in 1995 By invitation of the General Assembly to governments and NGOs to actively participate (resolution 50/72B, 12 December 1995).
Global Media and Information Literacy Week 2024, 24-31 October
Global Media and Information Literacy Week is an annual event celebrated from 24th to 31scheduled tribe october To raise awareness and celebrate the progress achieved towards media and information literacy for all. During Global Media and Information Literacy Week, stakeholders around the world organize events and UNESCO co-hosts a global conference with a Member State, gathering the media and information literacy community.
United Nations Day 2024: Date, theme, history and significance
united nations daycelebrated annually 24 Octobermarks the anniversary of the implementation of UN Charter In [1945[1945This day is a global celebration UN mission Promoting peace, security, human rights and development around the world. In 2024United Nations Day once again reminds us of the organization’s important role in addressing global challenges and promoting international cooperation.
World Development Information Day 2024: Date, theme, history and significance
world development information day celebrated every year 24 Octobercoincides with united nations dayBy whom was this ritual established? United Nations General Assembly In 1972With the primary goal of drawing global attention to development issues and promoting the dissemination of information that supports international cooperation for development. as we get closer 2024The day continues to grow in importance, highlighting the importance of mobilizing public opinion in support of sustainable development and economic progress around the world.
sports news
Karnataka wins in 24th National Para-Swimming Championship
24th National Para-Swimming Championship concluded with Karnataka Emerging as the overall champion, scoring an impressive 392 points. The competition saw tough competition for the top spot, with Maharashtra coming second with 378 points and Rajasthan coming third with 248 points.
Deepika Kumari wins silver medal at 2024 Archery World Cup Final in Mexico
In a remarkable achievement, Deepika KumariIndia’s four-time Olympian achieved silver medal In women’s recurve event But 2024 Archery World Cup Final held 20 October 2024In Tlaxcala, Mexicohe encountered Li Jiaman China reached the final but lost the match 6-0Li Jiaman, who was part of China silver medal winning team But paris 2024 olympicsClaimed gold.
Summit and Conference News
Colombia hosts COP16, nearly 200 countries join dialogue
Two-week United Nations Biodiversity Conference (COP16) i started today ColombiaBringing together environmental leaders from nearly 200 countries to evaluate historic commitments It aims to stop and reverse the loss of biodiversityThis important gathering comes after 196 countries signed the Kunming-Montreal Global Biodiversity Framework, an ambitious treaty designed to protect the planet’s diverse ecosystems.
