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PM
Modi launches gold monetization scheme
India
> Gold
Monetization Scheme > 5th November
Prime
Minister Narendra Modi launched three schemes to lure tonnes of gold
from households into the banking system. The Gold Monetisation Scheme
(GMS), 2015 will offer option to resident Indians to deposit their
precious metal and earn an interest of up to 2.5 per cent; while
under the Sovereign Gold Bonds Scheme, investors can earn an interest
rate of 2.75 per cent per annum by buying paper bonds.
Modi
also unveiled the first ever Indian gold coin and bullion, bearing
national emblem Ashok Chakra on one side and Mahatma Gandhi's image
engraved on the other side.
Justice
AP Shah appointed as the Ethics Officer (Ombudsman) at BCCI
Sports
> Board
of Control for Cricket in India > 9th November
Former
Chief Justice of Delhi High Court, Justice Ajit Prakash Shah, was on
9 November 2015 appointed as the ethics officer (ombudsman) at Board
of Control for Cricket in India (BCCI). He will preside as the sole
decision maker on all conflict of interest issues plaguing Indian
cricket.
Bangladesh
hands top ULFA leader over to India
India
> ULFA
leader > 10th November
Bangladesh
handed the founder of a militant separatist group to India, a rebel
leader that for years New Delhi had fought to extradite. Anup Chetia
founded the United Liberation Front of Asom (ULFA) more than three
decades ago and had been imprisoned in Bangladesh for the last 18
years after being charged with staying in the country illegally and
unlawful possession of foreign currencies.
World
Science Day for Peace and Development 2015 observed
Days
> World
Science Day > 10th November
The
World Science Day for Peace and Development, was observed on 10
November 2015 across the world. The theme for 2015 is Science for a
Sustainable Future. To mark the day, the United Nations Educational,
Scientific and Cultural Organization (UNESCO) conducted several
discussions, special campaigns, visits to science museums for school
children, etc to raise awareness of benefits of science worldwide.
Others
Government
appoints M K Jain, S Patel and R K Takkar to head PSU banks
Banking
and Insurance >
PSU Banks > 4th November
The
government has appointed MD & CEO of Indian Bank, Andhra Bank and
UCO Bank where the top post have been vacant for several months. M K
Jain, executive director of Indian Bank is elevated to the MD and CEO
post of the same bank.
Interlinking
of Indian Rivers authored by Radha Kant Bharati released
Books
>
Interlinking of
Indian Rivers > 4th November
Book
titled Interlinking of Indian Rivers authored by Radha Kant Bharati
was released on 3 November 2015 by Chairman of Central Water
Commission (CWC) AB Pandya.
The
book based on a comprehensive research explains the social, economic
and commercial significance of linking of rivers in the country. It
also discusses National Water Policy and disputes over the
sub-continent of India.
Jitu
Rai won silver in 13th Asian Shooting Championship
Sports
> 13th
Asian Shooting Championship > 4th November
Ace
shooter Jitu Rai on 4 November 2015 won India's first senior medal at
the 13th Asian Shooting Championship in Kuwait City. He bagged the
silver in the finals of the men's 50 metre pistol event.
IDBI
bank may be merged with private lender
Banking
and Insurance >
IDBI Bank > 5th November
The
government has hired SBI Capital Markets to draw up plans for the
sale of a strategic stake in IDBI Bank and is open to a range of
options including merger with a nonstate lender and preferential
allotments to institutions of sound financial standing.
Source:
http://articles.economictimes.indiatimes.com/2015-11-05/news/68044084_1_idbi-bank-idbi-act-uti-bank
RBI
includes Bandhan Bank in second schedule list
Banking
and Insurance >
Bandhan Bank > 5th November
According
to the Reserve Bank, newly launched Bandhan Bank has been included in
the second schedule list, making it eligible for loans from the
central bank at bank rate. The name of Bandhan Bank Limited has been
included in the Second Schedule to the Reserve Bank of India Act,
1934 with notification dated September 3.
PM
Modi 9th most powerful person in the world in Forbes list
India
> Forbes
List > 5th November
Prime
Minister Narendra Modi has been ranked as the world’s ninth most
powerful person by Forbes magazine in a 2015 list which is topped by
Russian President Vladimir Putin. Modi was placed 14th in the 2014
Forbes list of world’s powerful people.
Rebooting
India authored by Nandan Nilekani & Viral Shah released
Books
> Rebooting
India > 6th November
The
book titled Rebooting India: Realizing a Billion Aspirations authored
by Nandan Nilekani and Viral Shah was released on 4 November 2015.
The
book talks about the demographic dividend of India, which is expected
to be the world’s youngest country by 2020 with 64 percent (roughly
800 million) of its population of working age.
Heena
Sindhu won gold in 13th Asian Shooting Championship
Sports
> 13th
Asian Shooting Championship > 6th November
India’s
Heena Sindhu on 6 November 2015 won the gold medal in the 10m air
pistol women’s event at the 13th Asian Shooting Championship.
Incidentally, Heena was also the winner of the gold medal in the 10m
air pistol event in 8th Asian Air Gun Championship. It was held in
New Delhi in September 2015.
Modi
government set to revamp Indira Gandhi's poverty eradication 'Twenty
Point Programme'
India
> 'Twenty
Point Programme' > 6th November
Prime
Minister Narendra Modi's signature projects Swachh Bharat Mission and
Housing for All will replace Indira Gandhi's Twenty Point Programme -
a poverty eradication initiative of successive Congress governments.
SBI's
Arundhati Bhattacharya again tops list of most powerful business
women
Corporate
> Arundhati
Bhattacharya > 8th November
Arundhati
Bhattacharya, Chairperson of country's largest bank SBI, remains the
most powerful woman in the Indian business sector, according to
Fortune India. ICICI Bank's Chanda Kochhar and Shikha Sharma of Axis
Bank follow Bhattacharya at the second and third place, respectively.
Grand
Alliance won the 2015 Assembly Elections of Bihar with two-thirds
majority
India
> Bihar
Elections > 8th November
Election
Commission of India on 8 November 2015 announced the results of the
2015 Assembly elections of Bihar. The elections were held in 5 phases
between 12 October and 5 November 2015 for 243 assembly seats.Grand
Alliance (Mahagathbandhan) of Rashtriya Janata Dal (RJD), JANATA DAL
(UNITED) (JD(U)) and Indian National Congress (INC) emerged as the
winner of the election with thumping two-third majority. RJD, a part
of the grand Alliance with 80 seats emerged as the largest party.
Nuclear
capable surface-to-surface Agni-IV missile successfully test-fired
India
> Agni-IV
Missile > 9th November
Indian
Army’s Strategic Forces Command (SFC) on 9 November 2015
successfully test-fired surface-to-surface Agni-IV missile. The
4000-km range nuclear capable missile was test-fired from Abdul Kalam
(Wheeler) Island off the Odisha coast. SFC is entrusted with the task
of handling strategic weapons of the country.
Union
Government issued notification for implementation of OROP
India
> Agni-IV
Missile > 9th November
Union
Government on 7 November 2015 issued the notification regarding
implementation of One Rank One Pension (OROP) in respect of Defence
Forces personnel. The notification is in tune with the modalities for
implementation announced on 5 September 2015.
Shashank
Manohar to replace Srinivasan as ICC Chairman
Sports
> ICC
Chairman > 9th November
N.Srinivasan
was on dethroned as the ICC Chairman after the BCCI decided to recall
him and nominate its recently-elected President Shashank Manohar as
the chief of the world body.
India
announces FDI reforms in 15 sectors
India
> FDI
reforms > 10th November
India
eased foreign direct investment norms in sectors including mining,
defence, civil aviation and broadcasting, in a bid to drum up
investment and speed up growth. According to the government's
release, "The crux of these reforms is to further ease,
rationalise and simplify the process of foreign investments in the
country and to put more and more FDI proposals on automatic route
instead of government route where time and energy of the investors is
wasted."
GE,
Alstom land $5.6 billion deals to supply Indian railway
India
> Indian
Railways > 10th November
General
Electric and Alstom have won contracts worth a combined $5.6 billion
to supply India's railways with new locomotives, as the vast but
dilapidated state-owned network looks to foreign companies to help it
modernise.
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