Current Affairs 9th November 2017 - Banking, SSC, UPSC Affairs

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Union Government of India inked an agreement with Chennai’s Anna University in order to establish India’s second Technology and Innovation Support Center (TISC). This would be done under the World Intellectual Property Organization’s (WIPO) TISC program. The main objective of the TISC is to stimulate a dynamic, vibrant and balanced Intellectual Property Rights (IPRs) system in India to foster creativity and innovation, thereby promoting entrepreneurship and enhancing social, economic and cultural development by establishing a network of TISCs in India.

Hong Kong remains the world's most visited city by international travelers in spite of strained relations with neighboring China. In a report on the top 100 city destinations that highlights the growth in Asian tourism market research firm Euromonitor International approved 25.7 million arrivals are expected in Hong Kong in 2017.

The Delhi government announced that the odd-even scheme will be reintroduced in the national capital from November 13 to November 17. This comes after the Indian Medical Association (IMA) declared a state of public health emergency in Delhi. The Environment Pollution (Prevention and Control) Authority declared that the pollution has reached 'Severe Plus' level or emergency condition.

Prime Minister Modi led central government given an approval of the national highway to link the Sri Fatehgarh Sahib and Sri Chamkaur Sahib. The national highway would be constructed at the cost of Rs 500 crores for connecting both the religious places. The approval 31 kilometer stretch of this national highway would be connected from National Highway-5 near Prem Nagar - Morinda - Chamkaur Sahib - Bela - Panyali with National Highway-344A.

The Union Government notified the third protocol between India and New Zealand for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. The protocol updates the existing framework of the exchange of tax-related information to a latest international standard which will help curb tax evasion and tax avoidance between the two countries and will also enable mutual assistance in collection of taxes.

Reserve Bank of India - RBI launch a public awareness campaign through SMSes to educate public about various banking regulations and facilities available. It is the first time it uses the media SMS and emails as those used by the fraudsters. The public can give a missed call to 86919-60000 to get more information through Interactive Voice Response System (IVRS) on fake calls and emails as well as invest wisely and cautiously in chit funds.

Bank of China formally launched its operations in Pakistan, with its first branch inaugurated in Karachi. The bank would strengthen the "brotherly relations" between the two countries in the financial sector.

India slipped in 'business optimism' index to the 7th position in the September quarter, from the 2nd slot in the previous three months, showing clear signs of lag in the economy, as per Grant Thornton's International Business Report (IBR). Indonesia is at the top, followed by Finland (2nd), the Netherlands (3rd), Philippines (4th), and Austria (5th). According to the quarterly global survey on business optimism. Indian businesses have expressed low confidence over revenue expectations in the next 12 months.

H.S Prannoy defeated World No 2 Kidambi Srikanth in a thrilling finale to claim the men’s singles title at the 82nd Senior National Championship, in Nagpur, Maharashtra. Prannoy, who achieved his career-best ranking of World No. 11 recently in the Series last month.

Indian Commodity Exchange (ICEX) successfully completed first-ever diamond futures contracts settlement with the total traded quantity in November expiry for 5,382.08 carats valued at Rs 173.32 crores. The total traded quantity in November expiry since the launch of the contracts is 5,382.08 carats, valuing at Rs 173.32 crore. Percentage of delivery of the total traded quantity is 0.53 %.

Kerala government launched a new scheme for school students named ‘She Pad’ in Kerala. It will benefit the girls of classes 6 to 12 in Kerala and will be implemented in 300 schools in 114 panchayats this year. Women’s Development Corporation in collaboration with the local governments will be implementing it, this year in 300 schools. This will be expanded to all schools in Kerala in the coming years.

Saina Nehwal became the national champion for the third time. She defeated PV Sindhu in world Level Ranking in the women's singles final of Senior National Badminton Championships, in Nagpur, Maharashtra. Saina played nationals thrice winning the title each time.

The Maharashtra state government decided to set up a committee for the implementation of a Rs.4,000-crore project on climate resilience agriculture in 5,000 villages of 15 districts in the state. The seven-member panel, headed by the Principal Secretary (Agriculture), has been set up with a target of selecting 4,000 drought-prone villages for the implementation of the project. The programme aims to reduce farmers’ dependence on unpredictable weather cycles and enhance the resilience of agriculture to climate change and vulnerability through research and use of technology.

Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina will jointly inaugurate the long-awaited direct train-service between Kolkata and Khulna through video-conferencing. The new train service, called Bandhan Express, is the second cross-border train between the two neighboring countries. They will also launch two railway bridges, built with the Indian line of credit. 

India's Silicon Valley - 'Bengaluru'  is the best host among 45 cities worldwide, according to a report from the Economic Intelligence Unit (EIU). San Francisco came in second followed by two other Indian cities, Mumbai and New Delhi while Tokyo, Yokohama, and Berlin brought up the rear. The EIU surveyed 2,620 executives across the 45 cities in June and July, in partnership with telecommunications firm Telstra Corporation. They expressed the highest confidence in their digital environment based on people and skills, financial environment, innovation and entrepreneurship and new technology development.

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    Topics covered in the 9th November 2017 Current Affairs are
  • International News,
  • National News (ie. Indian Affairs),
  • important events associated with Science & Technology, Environment,
  • Bills & Acts Passed by Government,
  • Defence News,
  • About important Persons, Places,
  • Banking & Economical News,
  • Awards & Honours,
  • Sports News,
  • Revolutionary Updates on Arts & Culture,
  • Obituary,
  • Summits & Conference,
  • Important Committee,
  • Schemes,
  • Appointments,
  • Important Days & its Theme for Current as well as upcoming Year,
  • Books & Its Authors,
  • Agreements & MoUs,
  • Budget, Taxes,
  • Various Important Lists & Indexes,
  • Visits by World Presidents, Prime Ministers,
  • Political affairs and all Current News.

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