15th November 2023 Daily Current Affairs

National Affairs

Indian skydiver Shital Mahajan jumped off a helicopter from the height of 21,500 ft in front of the world’s highest peak, Mt Everest.
She became the first woman to do so.
Mahajan landed at Kalapatthar peak at an altitude 17,444ft.
Mahajan is a well-known Indian skydiver who holds several skydiving records and is the recipient of the fourth highest civilian award, the Padma Shri in 2001.

2. Banking & Finance

Federal Bank collaborates with India’s Top Seeded Shuttler, H.S. Prannoy.
H.S. Prannoy, is current world number eight and a recipient of the men’s singles bronze medal in the recent Asian Games.
MVS Murthy, CMO, Federal Bank, elaborated more on the collaboration, ” Work Ethic is the intersection point for Prannoy and Federal Bank.
He represents the passion of India’s Youth to put up the Tri-colour at the topmost pedestal on every given opportunity.

International Affairs

The Association of Asia-Pacific Airlines (AAPA) has set a target for its members to adopt 5% sustainable aviation fuel (SAF) usage by 2030 to reduce carbon emissions, signalling demand to fuel producers.
The decision was announced at the association’s 67th assembly of presidents, highlighting challenges such as limited SAF availability and cost.
The industry is stressing that our position is feedstock and pathway agnostic.

Read Full News >> Banking & Finance

The central government signed a USD 400 million policy-based loan with the Manila-based Asian Development Bank (ADB) to support its urban reform agenda
Aim: To create high-quality urban infrastructure, improve service delivery, and promote efficient governance systems.
Objective: To make cities livable and centres of economic growth through the provisioning of inclusive, resilient and sustainable infrastructure.

Read Full News >> International Affairs

Russia has signed a contract to supply Igla-S hand-held anti-aircraft missiles to India and allow production of the Igla there under licence.
The Igla-S is a man-portable air defence system (MANPADS) that can be fired by an individual or crew to bring down an enemy aircraft.
India is the world’s largest arms importer and Russia remains its largest supplier despite the damage to the reputation of its army and weaponry from the war in Ukraine.

Banking & Finance

Jio Satellite Communications Ltd and Eutelsat OneWeb have been granted the requisite licences to provide satellite internet services in India.
Both companies hold the GMPCS (Global Mobile Personal Communication by Satellite) licence, alongside a pan-India ISP (Internet Service Provider) licence.
As reported by the Financial Express, the Department of Telecommunications (DoT) allocated ISP-A and a VSAT (Very Small Aperture Terminal) licence to OneWeb.