India Elected Executive Committee Member of UN's Food Standard-setting Body
India was unanimously elected as a member representing the Asian region in the executive committee of the Codex Alimentarius Commission (CAC), the food safety and quality standard-setting body created by the UN, at its meeting in Rome.
The term 'Codex Alimentarius' is Latin and means 'food code'.
The executive committee is an important arm of the CAC and the member countries have a considerable interest in getting its membership. In this capacity, India would not only get an opportunity to contribute substantially in the international standard setting process for different food product categories but will also be involved in the decision-making process.
Madagascar Court Confirms Andry Rajoelina's Election to the Presidency
Madagascar's Constitutional Court confirmed the re-election of President Andry Rajoelina from the Young Malagasies Determined political party, marking his third term in office. The court declared Rajoelina the winner with 59% of the votes cast.
The election took place amid significant challenges, including the withdrawal of ten out of thirteen presidential contenders.
Despite their withdrawal, their names remained on the ballot, adding a layer of complexity to an already contentious electoral process.
COP28 Summit in Dubai Makes Breakthrough over Renewable Fuels
Leaders from nearly 120 nations vowed to triple the world's renewable energy capacity within the next seven years at COP28 summit in Dubai. The development emerged as a collective push to shift away from fossil fuels and advance towards achieving net-zero carbon emissions by 2050 despite the fact that major oil producers, including Saudi Arabia, Russia, Iran, and China, opted not to join the initiative.
These pledges are voluntary and non-binding. But their focus centres on an ambitious deployment of solar, wind, hydroelectric, and other renewable sources.
President Sultan Al Jaber, leading COP28, expressed the need for broader participation, particularly from key stakeholders. Notably, more than half of all nations signed up to triple global renewable capacity and double energy efficiency by 2030.
Sheshadri Appointed IDRCL Chair, Incumbent Gupta to Head NARCL
Former KPMG managing partner, Narayan Seshadri, is set to assume the role of Chairman at India Debt Resolution Co Ltd (IDRCL), the agent to government-backed bad bank, following the resignation of Diwakar Gupta. Gupta, in turn, is expected to take over as Chairman of NARCL. This leadership shift aims to expedite the resolution of bad loans, a process that has faced challenges and delays.
Since its initiation in January 2022, NARCL has acquired only six companies.
Total debt acquired stands at 14,166 crore, significantly below the 82,845-crore target set by SBI Chairman Dinesh Khara in January 2022.
NARCL pays 15% of the loan amount in cash and the rest in security receipts, guaranteed by the government for five years.
India Resumes Venezuelan Crude Oil Imports, Explores Direct Deals
Indian refiners, including Reliance Industries, reinitiated the import of Venezuelan crude oil through intermediaries. The move came in the wake of the temporary lifting of U.S. sanctions on Venezuela, opening avenues for direct deals between Indian companies and Venezuela's state-owned oil firm, PDVSA.
India's renewed engagement with Venezuelan oil could influence its overall import costs, providing an alternative to its significant reliance on Russian oil.
This move diversifies India's oil sources, potentially reducing its dependency on the Middle East.
Syed Modi India International Badminton Championships
There was no title for India at the Syed Modi India International badminton championships, the women's doubles pair of Tanisha Crasto and Ashwini Ponnappa went down fighting to Rin Iwanaga and Kie Nakanishi of Japan 14-21, 21-17, 15-21 in the final.
Chinese Taipei's unseeded Chi Yu-Jen (Tai) claimed the men's singles crown, upstaging second seed Kenta Nishimoto in a three-game thriller 20-22, 21-12, 21-17.
India Set to Bid for 2029 World Athletics Championships
India is set to bid for the 2029 World Athletics Championships after dropping its earlier intention to host the 2027 edition of the prestigious tournament.
The Athletics Federation of India (AFI) was earlier considering to bid for the hosting rights of the 2027 World Athletics Championships but it is now learnt that it has dropped the plan and is instead looking to host the 2029 edition.
Germany Wins FIFA U17 World Cup
Germany beat France on penalties to win the Under-17 World Cup football final in Indonesia, and became the first team to win the world and European age titles in the same year.
France came from 2-0 down to force a penalty shootout but Germany prevailed on spot-kicks to win the tournament for the first time.
Rajasthan Election Result 2023: BJP Wins Big with 115 Seats
The Bharatiya Janata Party (BJP) emerged victorious in the Rajasthan assembly polls and is set to form the government in the 200-member state Assembly, as the party crossed the majority mark by securing 115 seats.
As the BJP approached triumph in the Rajasthan Assembly elections, Chief Minister Ashok Gehlot submitted his resignation letter to Rajasthan Governor Kalraj Mishra.
Chhattisgarh Election Results
The results of the Chhattisgarh assembly elections were announced with the BJP staging an upset to secure a huge majority in the state that has 90 seats. The BJP made a mockery of the exit poll that had predicted a victory for the Congress. The saffron party secured 54 seats, ruining Bhupesh Bagehl's dream of a second straight term in the state. The majority mark in the state is 46 and the BJP is in a comfortable position with 54 seats.
R. K. Singh Inaugurates National Conference on 'Energy Transition in India'
Union Minister for Power and New and Renewable Energy R. K. Singh inaugurated a two-day National Conference on 'Energy Transition in India - Road Travelled and Opportunities Ahead' in Gandhinagar. Kanubhai Desai, Minister of Energy Petrochemicals and Finance, Government of Gujarat was also present along with other dignitaries on the occasion. Organised as a part of the upcoming Vibrant Gujarat Global Summit 2024, the event was attended by more than 250 Indian and foreign representatives of power and renewable energy sector. The two-day conference focused on scaling up renewable energy, generation and consumption by considering challenges related to grid integration, financing tools and developing supporting infrastructure.
Cochin Shipyard and Adani Group Sign MoU for Building Green Tugs
State-run Cochin Shipyard Ltd signed a memorandum of understanding with Adani Group for constructing green tugs after delivering the first of the two tugs ordered by Ocean Sparkle Ltd, now owned by Adani Harbour Services Ltd.
This is the first tug to be built in India under the Approved Standard Tug Design Specifications (ASTDS) issued by the Ministry of Ports, Shipping, and Waterways (MoPSW) for promoting the shipbuilding industry under the Atmanirbhar Bharat initiative.
Renowned Economist and Dalit Thinker M. Kunjaman Passes Away
Renowned economist, academician and prominent Dalit thinker M. Kunjaman was found dead at his residence. He was 74.
He served as an economics faculty at the University of Kerala, member of the University Grants Commission and professor at the Tuljapur campus of Tata Institute of Social Science (TISS).
In 2021, his autobiography 'Ethiru' was selected as the best autobiography by the Kerala Sahitya Academy. But Kunjaman refused to accept the honour.
Navy Day in India is celebrated on December 4 every year to recognise the achievements and role of the Indian Navy to the country.
Prime Minister Narendra Modi attended the Navy Day celebrations at at the historic Sindhudurg Fort in Maharashtra and also unveiled a statue of Chhatrapati Shivaji Maharaj at Rajkot Fort.
Admiral R. Hari Kumar, Chief of the Naval Staff, hosted the event, featuring operational capabilities with 20 warships and 40 aircraft, including iconic models such as the LCA Navy, MiG 29K and MARCOS.
Navy Day, celebrated annually on December 4, commemorates Operation Trident, the audacious naval attack on Karachi harbour during the 1971 War.
This was the first time the navy organised such a mega event, which did not take place at any major naval station.
After COVID Break, Centre Approves Fourth Phase Roll-out of GIAN Initiative
Past its brief discontinuation during the COVID period, the Ministry of Education rolled out the fourth phase of the Global Initiative of Academic Networks (GIAN) initiative, Prime Minister Narendra Modi's pet project to rope in eminent scholars from across the world to teach at Indian universities.
Global Initiative of Academic Networks (GIAN) initiative in Higher Education was launched in 2015.
The Central government has spent at least Rs. 126 crore in payment to support foreign faculty's travel and honorarium since the inception of GIAN. Each foreign faculty member is paid a lavish sum of $8000 (Rs. 7 lakh) for a week of teaching and $12,000 (Rs. 12 lakh) for conducting a two-week course.
As per reports, the National Institute of Educational Planning and Administration (NIEPA), after evaluating the scheme, recommended its continuation.
Dharmendra Pradhan Kick Off 'Football for Schools' Programme in Odisha's Cuttack
Dharmendra Pradhan, attended the Kick-off programme for the distribution of footballs as part of the Football for Schools (F4S) at Cuttack, Odisha. He distributed footballs at PM Shri Jawahar Navodaya Vidyalaya in Mundali, Cuttack under this programme, which is run by Fédération Internationale de Football Association (FIFA). The Department of School Education & Literacy, Ministry of Education is supported by the All India Football Federation (AIFF) and Sports Authority of India (SAI) in the implementation of this programme in the Country. Officials of the Ministry and other agencies involved were also present at the function. Pradhan kicked a football to inaugurate the programme.
Union Tourism Ministry Launches National Best Tourism Village Competition & National Best Rural Homestay Competition 2024
Union Tourism Ministry launched National Best Tourism Village Competition and the National Best Rural Homestay Competition 2024 to strengthen the promotion and development of Rural Tourism in the country. The Ministry said that the government has launched the comprehensive National Strategy and Roadmap for the Development of Rural Tourism in India, along with the National Strategy for the Promotion of Rural Homestays. It initiated the implementation of the National strategies in collaboration with the Indian Institute of Tourism and Travel Management.
To foster collaboration and create a conducive environment for the growth of Rural Tourism, the Ministry has actively engaged with industry stakeholders, NGOs and local communities through these competitions. The Ministry said that the competitions aim to develop healthy competitiveness among the villages and the rural homestays to identify and reward outstanding contributions to Rural Tourism.