19/11/2019
Sports and News
FIFA Women's World Cup 2019
Host: France
Winner: United States of America
Runner-up: Netherlands
Golden Boot (Top scorer): Megan Rapinoe (USA)
Golden Ball (Best overall scorer): Megan Rapinoe (USA)
Golden Glove (Best Goalkeeper): Sari van Veenendaal (Netherlands)
Wimbledon 2019
Title Winner Runner-up
Gentlemen's Singles Novak Djokovic (Serbia) Roger Federer (Switzerland)
Ladies' Singles SimonaHalep (Romania) Serena Williams (United
States)
ICC suspends Zimbabwe Cricket
International Cricket Council has suspended Zimbabwe Cricket with immediate effect.
Zimbabwe Cricket has failed to fulfil its obligation of ensuring that there is no government
interference in its administration.The International Cricket Council is the global governing body of
cricket. It was founded as the Imperial Cricket Conference in 1909 by representatives from Australia,
England and South Africa. It was renamed as the International Cricket Conference in 1965, and took
up its current name in 1989.
New Sponsor for team India
BCCI has announced BYJU’S as a new sponsor for the Indian team.
BYJU’S will be taking over the sponsorship from OPPO.
BYJU’S – The Learning App is the common brand name for Think and Learn Private Ltd., a Bangalore-
based educational technology and online tutoring firm founded in 2011 by ByjuRavindran at
Bengaluru.
Khelo India Youth Games 2020
Khelo India Youth Games 2020 will be held in Guwahati.
Khelo India Youth Games, formerly Khelo India School Games, meaning Play India Youth Games, held
annually in January or February, are the national level multidisciplinary grass root games in India
held for two categories, namely under-17 years school students and under-21 college students.
Tour de France
Egan Bernal of Colombia has won Tour de France Title.
He has become the first Latin American winner of the race.
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The Tour de France is an annual men’s multiple stage bicycle race primarily held in France, while also
occasionally passing through nearby countries. Like the other Grand Tours, it consists of 21 day-long
stages over the course of 23 days. It “is the world’s most prestigious and most difficult bicycle race”.
World Test Championship
The ICC World Test Championship will be a league competition for Test cricket run by the
International Cricket Council, starting in 2019.
It is intended to become the premier championship for Test cricket.
It is to be played over two years
It will start from 1 August 2019 with the first Test of the 2019 Ashes series and finish with a final at
Lord’s in England in June 2021.
AnupamKher pens his autobiography: "Lessons Life Taught Me Unknowingly"
Bollywood actor AnupamKher is coming out with his autobiography, "Lessons Life Taught Me
Unknowingly".
AnupamKher is one of the most prolific actors in the Indian film industry who has acted in over 530
films in several languages, both in India and the West.
Military Government Chief Prayuth Chan-ocha Elected Thailand's PM
Thailand's new parliament has elected military government chief Prayuth Chan-ocha as the country's
prime minister. He received 500 votes to 244 for ThanathornJuangroongruangkit of the Future
Forward Party.
Reckitt Names PepsiCo’s LaxmanNarasimhan as CEO
British consumer goods giant Reckitt Benckiser named PepsiCo executive LaxmanNarasimhan to
succeed RakeshKapoor as chief executive officer.
Narasimhan, PepsiCo's global chief commercial officer, will join Reckitt as CEO-designate and be
appointed to the board on July 16. He will become group CEO on September 1.
Om Birla Elected As 17th LokSabha Speaker
Om Birla, a two-time BharatiyaJanata Party (BJP) member of Parliament (MP) from Rajasthan, is set
to be unanimously elected as the 17th LokSabha Speaker. Om Birla was elected to the 17th
LokSabha from the Kota-Bundi constituency.
QuDongyu becomes first chinese to head FAO
QuDongyu becomes the first Chinese national to head the UN's Food and Agriculture Organization.
QuDongyu will replace Brazil's Jose Graziano da Silva. He is a biologist by training and has 30 years of
experience in developing digital technologies in agriculture and introducing micro credit in rural
areas.
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Amitabh Kant gets two-year extension as NITI Aayog CEO
The Appointments Committee of the Cabinet has approved the extension of Amitabh Kant’s tenure
as the CEO of NITI Aayog beyond June 30, 2019 to June 30, 2021.
NITI Aayog: National Institution for Transforming India.
NITI Aayog CEO: Amitabh Kant, Vice Chairman: Rajiv Kumar.
Ann Sarnoff becomes the first female CEO of Warner Bros
Warner Media, part of AT&T Inc, has appointed Ann Sarnoff as the chief executive officer of Warner
Bros.
Ann Sarnoff has become the first female CEO of Warner Bros. She will be replacing Kevin Tsujihara.
ONGC topples IOC to regain most profitable public sector company
ONGC, India’s top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain the crown of
being the country’s most profitable public sector company. According to earnings statements of the
listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 percentjump in its 2018-19 fiscal
net profit to Rs 26,716 crore.
In comparison, IOC registered a net profit of Rs 17.274 crore for the fiscal year ended March 31,
2019. ONGC, in the previous two financial years, had lost the most profitable PSU tag to IOC.
Nilekani panel suggests 24x7 RTGS, NEFT, elimination of all charges
To encourage digital payments, the NandanNilekani committee has suggested a host of measures,
including elimination of charges, round-the-clock RTGS and NEFT facility, and duty-free import of
point-of-sales machines.
The committee, which was appointed by the RBI, had submitted its suggestions on promoting digital
payments to Governor Shaktikanta Das last month.
Indian Oil, BPCL And HPCL Ink JV For Kandla-Gorakhpur LPG Pipeline Project
Indian Oil, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had
signed a joint venture in New Delhi for Kandla-Gorakhpur LPG Pipeline Project. They will be laying
the world’s longest LPG pipeline from Kandla (Gujarat) to Gorakhpur (UP).
The Kandla-Gorakhpur LPG Pipeline is estimated to cost about Rs10, 000 crore. It would be
implemented by a Joint Venture Company of Indian Oil with 50% shareholding. BPCL and HPCL will
have 25% share each.
Aditya Birla Fashion and Retail (ABFRL) acquires Jaypore
Aditya Birla Fashion and Retail Ltd (ABFRL), which retails brands such as Louis Philippe, Peter England
and Van Heusen, has acquired ethnic apparel and lifestyle retailer ‘Jaypore E-Commerce Pvt. Ltd’
which sells ethnic fashion merchandise under its own brand ‘Jaypore’ for Rs 110 crore.
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RBI constitutes six-member panel to review ATM interchange fee structure
The Reserve Bank of India constituted a six-member committee to review the ATM interchange fee
structure with a "view to increase the ATM deployment in the unbanked areas".
The committee will be led by V G Kannan, Chief Executive, Indian Banks Association.
Dell has emerged as the most trusted brand in India in 2019: TRA
According to a report released by brand analytics firm TRA Research, “Dell” has emerged as the most
trusted brand in India in 2019. With 31% Brand Trust Index (BTI) difference from Dell, auto brand
Jeep makes a dramatic entry in the second spot. LIC and Amazon are ranked on the third and fourth
spots and Apple iPhone emerged as India’s fifth most trusted brand.
Facebook backs Meesho in first startup investment in India
Social networking giant Facebook has picked up a minority stake in social-commerce
company Meesho in its first startup investment in the country.
Bengaluru-based startup connects re-sellers to manufacturers to sell goods via social media
platforms.
Facebook launches cryptocurrency "Libra"
Facebook has announced a digital currency called Libra that will allow its billions of users to make
financial transactions across the globe.
Libra is being touted as a means to connect people who do not have access to traditional banking
platforms. Technology to make transactions with Libra will be available as a standalone app as well
as on WhatsApp and Facebook Messenger platforms as early as 2020.
French Open 2019
Title Winner Runner-up
Men’s Rafael Nadal Dominic Thiem (Austria)
Singles (Spain)
Women’s Ashleigh Barty MarketaVondrousova
Singles (Australia) (Czech Republic)
Note: Rafael Nadal has won 12 French Open titles which is the highest for any player.
The 50th World Economic Forum (WEF) Annual Meeting will be held on 21-24 January 2020, in
Davos-Klosters, Switzerland
The Gujarat government on November 10 gave its approval for a compressed natural gas (CNG)
terminal at Bhavnagar with a proposed investment of Rs. 1,900 crores. It is the world's first CNG port
terminal.
India will host the Men's Hockey World Cup for the second consecutive time after the country was
picked to host the game's showpiece event in 2023 by the International Hockey Federation.
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Mauritius' ruling Militant Socialist Movement (MSM) has won more than half of the seats in
parliament, securing incumbent Prime Minister Pravind Kumar Jugnauth a five-year term.
Nobel Prizes and Laureates
Nobel Laureates Field Contribution
William G. KaelinJr, Sir Physiology or Discovered how cells sense and adapt to oxygen
Peter J. Ratcliffe and Gregg Medicine availability.
L. Semenza
James Peebles, Michel Physics James Peebles: theoretical discoveries in physical
Mayor and Didier Queloz cosmology and Michel Mayor and Didier Queloz
discovered an exoplanet orbiting a solar-type star.
John B. Goodenough, M. Chemistry Discovered the development of lithium-ion
Stanley Whittingham and batteries.
Akira Yoshino
Peter Handke Literature Discovered an influential work that with linguistic
ingenuity has explored the periphery and the
specificity of human experience.
Abiy Ahmed Ali Peace For his efforts to achieve peace and international
cooperation, and in particular for his decisive
initiative to resolve the border conflict with
neighbouring Eritrea
Abhijit Banerjee, Esther Economic For their experimental approach to alleviating
Duflo and Michael Kremer Sciences global poverty.
Classical dance of India
The classical dance forms recognised by the SangeetNatakAkademi and the Ministry of Culture are:
· Bharatanatyam, from Tamil Nadu.
· Kathak, from Uttar Pradesh.
· Kathakali, from Kerala.
· Kuchipudi, from Andhra Pradesh.
· Odissi, from Odisha.
· Sattriya, from Assam.
· Manipuri, from Manipur.
· Mohiniyattam, from Kerala.
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Mergers & Acquisitions 2019
Apple has announed the acquisition of chip maker Intel’s smartphone modem business for 1$
Billion.
Time Magazine is acquired by Salesforce founders for 190 million dollars
OYO Rooms acquires European rental brand @Leisure Group for €360M
OYO Acquires Innov8 For INR 220 Cr In an All Cash Deal
Salesforce acquired analytics platform Tableu
HDFC Ltd, India's largest mortgage financier, has agreed to acquire the entire 50.8% stake
of Apollo Hospitals Group in a health insurance joint venture with German reinsurer Munich
Re Group (Apollo Munich Health Insurance) as part of its strategy to tap this potential growth
market. HDFC will pay ₹1,336 crore to Apollo Hospitals for the deal.
Infosys acquires Wong Doody for 75 million dollars.
Synnex is acquired Call center operation leader Convergys for 2.8 Billion Dollar
Walmart acquired 77% stake in Flipkart for 16 billion dollars
Coca Cola bought Costa Coffee for 5.1 billion US Dollars
Hindustan Unilever (HUL) merged with GlaxoSmithKline Consumer Healthcare Ltd (GSK CH India).
As part of this deal, health drinks including Boost, Horlicks and Maltova — the mainstays of GSK CH
— will now move to the HUL stable. The transaction is an all equity merger with 4.39 shares of HUL
being allotted for every share in GSK CH India. The deal values the total business at ₹31,700 crore.
Punjab National Bank, Oriental Bank of Commerce and United Bank of India will combine to form
the nation's second-largest lender.
Canara Bank and Syndicate Bank will merge.
Union Bank of India will amalgamate with Andhra Bank and Corporation Bank.
Indian Bank will merge with Allahabad Bank.
AT & T buys Time Warner.
Hindalco's US arm buys Aleris for $2.58 billion.
Reliance Industries acquired British Toy retailer Hamleysfor about ₹620 crore (GBP 67.96 million) in
an all-cash deal.
Paytm acquired Ticket new
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Paytm acquired NightStay Travels
Important World Organizations and Their HQs
· International Monetary Fund [IMF]: Washington DC, USA
· World Bank: Washington DC, USA
· World Health Organization [WHO]: Geneva, Switzerland
· World Trade Organization [WTO]: Geneva, Switzerland
· International Labour Organization [ILO]: Geneva, Switzerland
· United Nations Conference on Trade and Development (UNCTAD): Geneva, Switzerland
· New Development Bank (BRICS Development Bank): Shanghai, China
· Asian Development Bank: Manila, Philippines
· United Nations Children’s Fund (UNICEF): New York, USA
· United Nations Populations Fund (UNFPA): New York, USA
· United Nations Education Scientific & Cultural Organisation (UNESCO): Paris, France
· International Atomic Agency: Vienna, Austria
· Organisation of Petroleum Exporting Countries (OPEC): Vienna, Austria
· Amnesty International: London, UK
· International Maritime Organisation: London. UK
· Commonwealth of Nations: London, UK
· South Asian Association for Regional Cooperation (SAARC): Kathmandu, Nepal
· Association of South East Nations (ASEAN): Jakarta, Indonesia
· Food & Agricultural Organisation (FAO): Rome, Italy
· International Court of Justice: The Hague, the Netherland
· International Solar alliance: Gurugram, India
Indian Cities and Industries they are famous for
· Bharuch (Gujarat): Petroleum, Petrochemicals
· Surat (Gujarat): Textiles, Diamond
· Rourkela (Orissa): Steel and Fertilizer
· Sivakasi (Tamil Nadu): Safety Matches, Fireworks
· Dibrugarh (Assam): Tea industries
· Bokaro Steel City (Jharkhand): Steel and Coal
· Vijayawada (Andhra Pradesh): Auto Parts
· Firozabad (Uttar Pradesh): Glass and bangle works
· Panna (Madhya Pradesh): Diamond Mines
· Varanasi (Uttar Pradesh): Hand-loom
· Bhagalpur (Bihar): Silks
Economy of India
The country is classified as a newly industrialized country, and one of the G-20 major
economies, with an average growth rate of approximately 7% over the last two decades.
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Maharashtra is the wealthiest Indian state with an annual nominal GDP of US $ 380 billion
followed by UP and Tamilnadu
DP: Gross Domestic Product
GDP is the monetary value of all the finished goods and services produced within a country's
borders in a specific time period.
GDP Growth forecast for 2019-20: 6.1% by IMF, 6.5% by ADB and 6% by World Bank
There are 3 sectors in Indian Economy.
Contribution of different sectors in Indian GDP:
· Primary sector (Agriculture): around 17%
· Secondary sector (Industry): around 29 %
· Tertiary sector (Service): around 54%
Ease of doing business rank of India 2020: 63rd
Inflation in India is measured by consumer price index.
There are 8 core industries in India:
Electricity, Steel, Refinery products, Crude oil, Coal, Cement, Natural gas and Fertilisers.
