1. Harshada clinches gold at Asian Youth and Junior Weightlifting Championship
- Harshada Garud has clinched the gold with an aggregate of 157kg (69kg+88kg), in the women's 45kg gold at the Asian Youth and Junior Weightlifting Championship in Tashkent, Uzbekistan.
- Soumya Dalvi has bagged the bronze in the 45kg category of the youth event.
- In the men's 49 kg youth event, L Dhanush has won the bronze with an 85 kg effort.
- Minister of Youth Affairs and Sports: Anurag Thakur
- Sports Authority of India HQ: Delhi
2. Jawaharlal Nehru Port becomes first 100% landlord major port of India
- Jawaharlal Nehru Port has become first 100% Landlord Major Port of India, all berths is being operated on public-private partnership (PPP) model.
- Aim: Improve the utilization in crane and berth productivity of the terminal and reduce transit time, and logistics cost.
- With this the total handling of JNPT has increased to 1.8 million Twenty-foot Equivalent Units (TEUs) from the present capacity of 1.5 million TEUs.
- Minister of Ports and Shipping: Sarbananda Sonowal
National & International Organizations
3. Gautam Adani becomes world's fourth richest rank on Forbes list
- As per the Forbes' Real-Time Billionaires List, Chief of Adani Group, Gautam Adani has become the world’s 4th richest person (net worth: $115.5 billion).
- Adani's wealth has been surged by $2.9 billion due to sharp run-up in Adani Group stocks.
- He has surpassed Microsoft cofounder, Bill Gates, who has announced to donate $20 billion of his wealth to the Bill & Melinda Gates Foundation.
- Mukesh Ambani was placed at 10th on the Forbes list (net worth: $87.7 billion).
4. PM Modi unveiled ‘SPRINT challenges’ for Indian Navy
- PM Modi has unveiled ‘SPRINT challenges’ with an aim to boost the usage of indigenous technology in the Indian Navy.
- This was unveiled at a naval seminar, which is organised by the Naval Innovation and Indigenisation Organisation (NIIO) and Society of Indian Defence Manufacturers.
- SPRINT: Supporting Pole-Vaulting in R&D through iDEX (Innovations for Defence Excellence), NIIO and TDAC (Technology Development Acceleration Cell).
- Navy Day: 4 December
Banking & Finance
5. Morgan Stanley cuts India's FY24 GDP growth to 6.4%
- Morgan Stanley has reduced its FY23 real GDP expansion estimate for India by 0.40% to 7.2% on slower global growth.
- It has also estimated that the GDP growth for the FY24 will slow down to 6.4%, this is lower by 0.30% as compared to the earlier estimate.
- The RBI has estimated that the GDP of India will stand at 7.2% for FY 23.
- The World Bank has also suggested that the GDP growth forecast for India to 7.5% in FY23.
6. Government forms Committee on MSP of agri produce
- The Centre has set up a Committee on Minimum Support Price under the chairmanship of Former Agriculture Secretary, Sanjay Agrawal.
- Aim: The minimum support price (MSP) more effective and transparent.
- The committee will also suggest measures to promote zero-budget natural farming and crop diversification to fulfil the changing needs of the nation.
- Minister of Agriculture & Farmers' Welfare: Narendra Singh Tomar
7. Australian tennis player, Lleyton Hewitt inducted into Tennis Hall of Fame
- Former world number one, Lleyton Hewitt was inducted into the International Tennis Hall of Fame, as part of the 2021 class.
- He is the 34th player from Australia to be inducted.
- He has won the 2001 US Open and 2002 Wimbledon titles among 30 career ATP triumphs and was a part of two Davis Cup championship teams in 1999 and 2003.
- Hewitt won his last ATP title at Newport in 2014.
- He remained the No 1 player in the world and spent 80 weeks top-ranked.
8. England all-rounder, Ben Stokes announces retirement from ODI cricket
- England all-rounder, Ben Stokes has announced his retirement from ODI cricket and played his last ODI against South Africa in Durham.
- His ODI debut was against Ireland in 2011, he has scored 2919 runs, including three centuries, and taken 74 wickets in this format.
- Stokes has been recently appointed as the captain of the England Men's Test after Joe Root has stepped down.
- He won ICC’s Player of the Year in 2019, Wisden’s leading Cricketer in the World in 2020.
Banking & Finance
9. India's share of remittance from Gulf region declined in FY21: RBI
- The RBI has announced that the share of remittances from the Gulf Cooperation Council region to India has declined in 2021.
- Observations: slower pace of migration and the presence of the Indian diaspora in informal sectors that were hit the most during the pandemic period.
- Article: 'Headwinds of COVID-19 and India's Inward Remittances'
- The US, The UK, and Singapore are an Important sources countries of remittances (accounting for 36% of total remittances in 2020-21).
Banking & Finance
10. Govt declares 'zero coupon zero principal instruments' as securities
- The government has declared "zero coupon zero principal instruments" as securities.
- Zero coupon zero principal instrument: An instrument issued by a Not for Profit Organisation, will be registered with the social stock exchange segment of a recognised stock exchange.
- These will be governed by rules made by the Securities and Exchange Board of India.
- Social Stock Exchange: To serve private and non-profit sector providers by channelling greater capital to them.
National & International Appointments
11. Former SC Judge Vineet Saran appointed as BCCI Ethics Officer
- Former Supreme Court judge, Vineet Saran has been appointed as the BCCI's ethics officer and ombudsman. He has succeeded Justice (Retd) D K Jain, whose term ended in June 2021.
- He is a former Chief Justice of Odisha High Court, and also served as a judge in Karnataka and Allahabad High Court.
- He has been graduated from Allahabad University in 1976 and practised in the Allahabad High Court from 1980 till 2002.
- BCCI President: Sourav Ganguly; Secretary: Jay Shah
Banking & Finance
12. RBI imposes restrictions on Mumbai-based Raigad Sahakari Bank
- RBI has imposed restrictions on Mumbai-based cooperative bank, Raigad Sahakari Bank.
- Reason: Worsening of financial situation of the lender.
- The restrictions also include a withdrawal limit of Rs 15,000 per customer and it will remain in force for a period of six months.
- RBI has also imposed a penalty of Rs 6 lakhs on Shri Chhatrapati Rajarshi Shahu Urban Co-operative Bank Limited for contravention of provisions related to 'Frauds - Classification and Reporting'.
13. Telangana celebrates traditional Hindu festival, Bonalu
- Bonalu is a popular festival celebrated in Hyderabad and Secunderabad, dedicated to Goddess Mahakali.
- During this festival, the different forms of Mahakali are worshipped, including Mysamma, Dokkalamma, Pedamma, Pochamma, Yellamma, Poleramma and Ankalamma.
- The devotees offer cooked rice with milk and jaggery in an earthen or brass pot, decorated with neem leaves, turmeric and vermilion.
- Bonalu is celebrated in the month of Ashada (July-August).