Daily Current Affairs of 14th November 2023 in English

Introduction:

Daily Current Affairs of November 14, 2023, witnessed a series of significant events across various domains, ranging from infrastructure development to geopolitical concerns, cultural celebrations, and scientific discoveries. Here's an in-depth look at the noteworthy occurrences of the day.

Top 22 Current Affairs and News Headlines – November 14, 2023

National News

1. PM Modi’s Endeavor: PM-PVTG Mission and Viksit Bharat Sankalp Yatra on Janjatiya Gaurav Diwas

• Holistic Development: Aiming to uplift 28 lakh Particularly Vulnerable Tribal Groups (PVTGs).
• Tribute to Birsa Munda: Launch coincides with the birth anniversary of the tribal freedom fighter.
• Nationwide Aspiration: Viksit Bharat Sankalp Yatra strives for the saturation of government schemes.

International News

2. Diplomatic Harmony: S. Jaishankar’s Five-Day UK Visit

• Strengthening Ties: Focus on fortifying India-UK diplomatic relations.
• Strategic Dialogues: Discussions with Foreign Secretary Sir James Cleverly on crucial diplomatic issues.
• Collaborative Fronts: Anticipation of diverse collaborations for enhanced diplomatic strength.

State News

3. Geographical Indication Triumph: Uttarakhand’s Unique Products Recognized

• GI Recognition: Over 15 products, including Mandua and Jhangora, receive prestigious GI tags.
• Sustainable Farming Boost: GI recognition to promote eco-friendly farming practices.
• Cultural Preservation: Focus on preserving the rich cultural and agricultural heritage.

Economy News

4. Market Adjustments: Goldman Sachs Upgrades India, Downgrades China

• Strategic Shift: Indian equities upgraded due to market appeal and growth prospects.
• Concerns for China: Downgrade of Hong Kong-listed Chinese companies amid low earnings growth.
• Sectoral Analysis: Detailed examination includes technology, healthcare, and renewable energy.

5. Growth Outlook: Morgan Stanley Forecasts 6.5% Growth for India’s Economy

• Demographic Dividend: Forecast based on factors like demographic dividend and infrastructure investments.
• Digital Advancements: Emphasis on National Infrastructure Pipeline and digital infrastructure.
• Resilience Acknowledged: Moody’s applauds India’s resilience, projecting a growth of 6.7% for 2023.

6. Inflation Insights: Retail Inflation at 4-Month Low of 4.87% in October

• Economic Support: Decline attributed to a supportive economic base and moderation in non-food prices.
• Policy Breathing Room: Below RBI’s upper limit, providing policymakers with room for maneuver.
• Balancing Act: Highlighting the delicate balance between economic growth and price stability.

Business News

7. Connecting the Unconnected: Jio and OneWeb Secure Licenses For Satellite Internet Services

• Digital Inclusion: DoT grants ISP licenses for seamless satellite and terrestrial integration.
• Bridging Divides: VSAT technology for direct connections, addressing the digital divide.
• Empowering Regions: Focus on internet access, digital literacy, and skill development in underserved areas.

8. Sustainable Skies: Asia-Pacific Airlines Aim For 5% Green Fuel Usage By 2030

• Environmental Commitment: AAPA targets 5% sustainable aviation fuel (SAF) usage.
• Holistic Approach: Emphasis on a comprehensive strategy, irrespective of feedstock and pathway.
• Global Alignment: Indian government’s plan aligns with international sustainability efforts.

Important Days News

9. Diabetes Dialogue: World Diabetes Day 2023

• Access to Care: Theme involves discussions on affordability and accessibility of diabetes care.
• Honoring Discoverers: Celebrating the birthday of insulin co-discoverer Sir Frederick Banting.
• Global Recognition: United Nations' recognition since 2006, highlighting the global impact of diabetes.

10. Children’s Rights: Children’s Day 2023

• Every Right Matters: Theme emphasizes upholding the rights of every child worldwide.
• Inclusive Initiatives: Programs include scholarships, healthcare campaigns, and awareness drives.
• Historical Transition: From “Flower Day” to Children’s Day, coinciding with Nehru’s birthday in 1954.

Schemes News

11. Empowering Diversity: Government Unveils Financial Incentive For Divyang Individuals

• Inclusive Finance: One percent interest rate rebate for divyang borrowers through NDFDC.
• Financial Inclusion: Strategic step to alleviate financial burdens and address unique challenges.
• Promoting Responsibility: Fostering responsible financial practices within the divyang community.

12. Farmers’ Autonomy: Govt Introduces PM Kisan Bhai To Break Traders’ Monopoly

• Market Empowerment: PMKisan Bhai (Bhandaran Incentive) supports farmers in storing produce.
• Autonomy Assurance: Empowering farmers to decide when to sell, breaking traders’ monopoly.
• Post-Harvest Control: Scheme allows farmers to retain crops for a minimum of three months post-harvest.

Summits & Conferences News

13. Energy Dialogues: 6th India-OPEC Energy Dialogue High-Level Meeting in Vienna

• Energy Stability: Emphasis on ensuring global energy market stability through availability and affordability.
• Open Discussions: Deliberations centered around crucial oil and energy market issues.
• India’s Role: Highlights India’s significant role in global energy dialogues.

14. Trade Fair Commences: 42nd India International Trade Fair 2023 in New Delhi

• Interconnected Growth: Event theme “Vasudhaiva Kutumbakam” emphasizes interconnectedness for sustainable growth.
• Diverse Participation: Partner States Bihar and Kerala, Focus States Delhi, Jammu and Kashmir, Jharkhand, Maharashtra, and Uttar Pradesh contribute to the event.
• Inaugural Momentum: Union Minister Anupriya Patel inaugurates the fourteen-day fair, setting the stage for collaborative trade.

15. Regional Peace Advocacy: Islamic Arab Summit in Riyadh

• Cease Aggression: Summit emphasizes an immediate cessation of Israeli aggression.
• Peace Principles: Advocates a just, durable, and comprehensive peace based on international legitimacy.
• Arab Peace Initiative: Support for the Arab Peace Initiative underlined for regional stability.

Ranks & Reports News

16. Data-Driven Insight: SIDBI Introduces ‘Sumpoorn’ MSME Economic Activity Index With Jocata

• MSME Assessment: High-frequency MSME Economic Activity Index introduced with Jocata collaboration.
• Precise Insights: Utilizes monthly sales data from 50,000+ credit-seeking MSMEs for accurate assessments.
• Shift to Objectivity: A move from subjective opinions to data-driven evaluations for comprehensive insights.

Appointments News

17. Judicial Reinforcement: Supreme Court Welcomes Three New Judges To Tackle Pending Cases

• Expanded Strength: Induction of three judges takes Supreme Court’s strength to its sanctioned capacity.
• Timely Resolution: Crucial step to ensure effective and timely resolution of the multitude of cases.
• Judicial Balance: Delhi, Rajasthan, and Gauhati Chief Justices sworn in for a balanced judiciary.

18. Political Resurgence: Former PM David Cameron Appointed As The UK Foreign Secretary

• Experienced Leadership: Rishi Sunak appoints David Cameron, leveraging his experience as the UK Foreign Secretary.
• Broader Reshuffle: Political restructuring includes new Health Secretary and Environment Secretary.
• Cameron’s Comeback: Reflects a political career revival for David Cameron in a prominent role.

19. AI Leadership: Mika Takes The Helm As CEO Of Dictador

• AI Experiment: Mika, an AI-powered humanoid robot, appointed as experimental CEO of Dictador.
• Non-Stop Operations: Operating 24/7, emphasizing data-driven decision-making aligned with strategic objectives.
• Strategic Objectivity: Focus on unbiased and strategic choices for organizational benefit, guided by extensive data analysis.

Agreements News

20. Urban Development Boost: India And ADB Ink $400 Million Deal

• Infrastructure Development: $400 million policy-based loan agreement with ADB for urban infrastructure.
• Livable Cities: Aligns with government’s strategy to create livable cities and centers of economic growth.
• Water Security Emphasis: Programmatic focus on urban water security through innovative and sustainable measures.

Obituaries News

21. Culinary Icon’s Passing: Lala Kedarnath Aggarwal of Bikanervala Passes Away At 86

• Visionary Founder: Lala Kedarnath Aggarwal, founder of Bikanervala, passes away, leaving a culinary legacy.
• Exquisite Delicacies: Bikanervala gains popularity for its exquisite sweets and snacks.
• Culinary Heritage Mourned: The legacy of culinary heritage in Bikaner remembered on his passing.

Miscellaneous News

22. Art Auction Triumph: Picasso’s ‘Woman With A Watch’ Sells For Record $139 Million

• Art Market Record: Picasso’s “Femme à la montre” sold for a record-breaking $139 million at a Sotheby’s auction.
• Second in History: The second most expensive Picasso painting ever auctioned, and the highest-selling artwork in 2023.
• Historical Portrait: The painting, a portrait of Marie-Thérèse Walter, considered one of Picasso’s most important works.