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Current Affairs 2 November 2019

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Current Affairs 2 November 2019

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Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs 2 November 2019 includes News summary on current events of International, National, Education, Banking, Sports, Awards, Appointments, and Resignation importance of 2 November 2019.

shape International

Democrat Beto O'Rourke ends White House bid

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Key Highlights
  • US Democratic presidential hopeful Beto O'Rourke has announced he is ending his campaign.

  • The former Texas congressman tweeted: "Our campaign has always been about seeing clearly, speaking honestly, and acting decisively.
  • "In that spirit: I am announcing that my service to the country will not be as a candidate or as the nominee."
Madrid to host UN climate summit after Chile pulls out

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Key Highlights
  • The world’s governments will meet in Madrid this December to discuss the climate emergency, it has been confirmed, after a last-minute intervention by the Spanish government to save the talks.

  • The conference had been set to take place in Santiago, Chile, but the government of President Sebastian Pinera decided to call it off because of the unrest in the capital.

  • Scores of people have been killed and injured in weeks of rioting over economic inequality and social problems.
Saudi Arabia's Crown Prince Approves Announcement Of Aramco IPO On November 3: Report

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Key Highlights
  • Saudi Arabia's Crown Prince Mohammed bin Salman agreed that the initial public offering of state oil giant Aramco will be announced, five sources familiar with the matter told Reuters.

  • The world's top oil company will announce its intention to float (ITF) on November 3, the sources added.

  • "The crown prince finally gave the green light," one source said.
General election 2019: Boris Johnson rejects pact with Nigel Farage

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Key Highlights
  • Boris Johnson has rejected the suggestion from Nigel Farage and Donald Trump that he should work with the Brexit Party during the election.

  • The Tory leader told the BBC he was "always grateful for advice" but he would not enter into election pacts.

  • His comments come after the US president said Mr. Farage and Mr. Johnson would be "an unstoppable force".

  • Downing Street sources say there are no circumstances in which the Tories would work with the Brexit Party.
US Energy Secretary Refuses To Testify In Trump Impeachment Inquiry

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Key Highlights
  • U.S. Energy Secretary Rick Perry, a member of President Donald Trump's Cabinet who has played a pivotal role in the Ukraine controversy, will refuse to testify as requested next week in the Democratic-led impeachment inquiry against Trump, an Energy Department spokeswoman said.

  • Perry's refusal represented the latest instance of Trump's administration refusing to cooperate in the fast-moving inquiry in the House of Representatives.
Chinese Tariffs On US Goods Gets World Trade Organization Approval

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Key Highlights
  • A World Trade Organization arbitrator authorised China to slap tariffs on US imports worth up to $3.58 billion annually in a years-long dispute over US anti-dumping practices, a trade official said.

  • China had asked the WTO for permission to hit the US with more than $7 billion in tariffs in the case.

  • But the WTO ruling said it had determined that the illegal US anti-dumping practices had caused "nullification or impairment of benefits accruing to China" to the tune of $3,579.128 million and that Beijing could impose tariffs on goods not exceeding that amount per year.
US Welcomes World Trade Organisation Ruling On Indian Export Incentives

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Key Highlights
  • The US has welcomed the ruling of the WTO's dispute settlement panel which held that India's domestic export incentive schemes, describing it as a "resounding victory" for America's quest for a "level playing field" for its workers.

  • India lost a case filed by the US at the World Trade Organisation (WTO) against domestic export incentives as the dispute settlement panel concluded that these schemes are inconsistent with the international trade norms.

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German Chancellor To Meet Business Delegation Before Departing For Germany

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Key Highlights
  • German Chancellor Angela Merkel, who is in India, will meet a business delegation at the Taj Mahal Hotel in Delhi.

  • She will then visit the Continental Automotive Components India plant in Manesar near Delhi followed by a visit to the Dwarka Sector 21 Metro Station in Delhi before leaving for Germany.

  • Angela Merkel raised the Kashmir issue during her talks with Prime Minister Narendra Modi and conveyed that the "situation for the people in Kashmir is unsustainable and not good", according to German journalists accompanying her.
Germany To Invest 1 Billion Euros For Green Urban Mobility In India

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Key Highlights
  • German Chancellor Angela Merkel today pledged to invest 1 billion euros over the next five years on environmentally-friendly urban mobility in India.

  • Chancellor Merkel, whose visit to the country coincided with one of the worst spells of air pollution in Delhi-NCR, also emphasized on the need to replace diesel-run public transport with electric vehicles.

  • "We have agreed to co-operate on climate protection and green urban mobility and have earmarked 1 billion euros towards this," Chancellor Merkel said at an event in Delhi.
Kerala Governor inaugurates Ayurveda summit

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Key Highlights
  • Kerala Governor Arif Mohammed Khan inaugurated the 3rd edition of Global Ayurveda Summit 2019. As many as 400 industry leaders and delegates from SAARC, GCC and African countries have gathered in Kochi for the Global Ayurveda Summit 2019.

  • The two-day summit organized by Confederation of Indian Industry (CII) will deliberate on the theme “Mainstreaming Ayurveda through Startups, Innovation and Branding”.
"President's Rule Threat An Insult To Maharashtra": Shiv Sena Attacks BJP

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Key Highlights
  • Amid power tussle with the BJP over government formation in Maharashtra, Shiv Sena sharpened attack on its ally saying that the "President's rule threat" by BJP minister Sudhir Mungantiwar is an "insult" to the state and people's mandate.

  • Finance Minister and BJP leader Sudhir Mungantiwar had said that Maharashtra "may head for President's rule if the new government in the state is not in place by November 7".

  • He said the main hurdle in government formation was Sena's demand for Chief Minister's post for 2.5 years.
UNSC Won't Be Discussing Kashmir This Month, Says Top UN Body President

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Key Highlights
  • The UN Security Council will not be discussing the issue of Kashmir this month, Karen Pierce, Permanent Representative of the UK to the UN and President of the Security Council for November has said, underlining that there are a lot of issues going on in the world.

  • "No, we don't have anything scheduled on Kashmir," Ms Pierce said during a press conference at the United Nations as Britain assumed the monthly Presidency of the 15-nation top organisation of the UN.
UP Government Approves Digital Museum On Lord Ram In Ayodhya

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Key Highlights
  • The Uttar Pradesh cabinet gave approval to a proposal to build a digital museum on Lord Ram in Ayodhya to boost tourism.

  • Cabinet minister Shrikant Sharma briefed reporters about the meeting chaired by Uttar Pradesh Chief Minister Yogi Adityanath.

  • "A proposal for the beautification of Ayodhya and boosting tourism has been approved by the UP Cabinet.

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Key Highlights
  • Southeast Asian countries must stick together in the face of a trade war started by U.S. President Donald Trump, Malaysia's veteran leader said on Saturday at the start of a regional summit held in the shadow of U.S.-China tensions.

  • But as leaders of the 10 member Association of Southeast Asian Nations (ASEAN) met in Bangkok, there was no sign they had yet finalized a planned trade deal backed by China that could create the world's biggest free trade area.

  • "We don't want to go into a trade war. But sometimes when they unite to us, we have to be unnoticed to them," Mahathir Mohamad, Malaysia's outspoken 94-year-old prime minister told a business summit on the sidelines of the main meeting.
PM Modi To Arrive In Bangkok Over Negotiations On Regional Economic Deal

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Key Highlights
  • Shoring up India's trade and security ties with the members of the Association of Southeast Asian Nations (ASEAN) in the backdrop of China's rising economic and military influence over the region is expected to be the top focus of Prime Minister Narendra Modi's summit-level engagement with leaders of the powerful bloc during his three-day visit.

  • The biggest talking point, ahead of the ASEAN summit in Nonthaburi, a vibrant city north of Bangkok, however, has been the final leg of negotiations on the Regional Comprehensive Economic Partnership (RCEP) trade deal and whether India joins the bandwagon.

shape Education

UPTET 2019 Online Application Begins; Exam In December

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Key Highlights
  • UPTET 2019 online application process has begun. The last date to register for the Uttar Pradesh Teacher Eligibility Test (UP TET) is November 20, 2019.

  • Those who complete the registration process successfully will be able to pay application fee till November 21 and complete the application form by November 22.

  • UPTET 2019 admit cards will be uploaded on the website on December 2, 2019. The exam is tentatively scheduled for December 22, 2019.
YuWaah' youth skilling initiative to provide jobs to 300 million launched by Unicef, central govt

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Key Highlights
  • Anational initiative - YuWaah - aimed at imparting skills among the youth and providing employment to more than 300 million young Indians was launched here by Women and Child Development Minister Smriti Irani with an alliance of national and international partners, including Unicef.
UPSC Announces Combined Defence Services (CDS) Exam (II) 2019 Result

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Key Highlights
  • Union Public Service Commission (UPSC) has released the list of candidates who have qualified in the Combined Defence Services Exam (II) 2019 and have been shortlisted for interview by the Service Selection Board of the Ministry of Defence.

  • The Commission has released, both, the roll numbers and names of the candidates who have qualified for the SSB interview.

  • The candidature of all the candidates, who have been included in the shortlist, is provisional.

shape Banking

Yes Bank says offer worth $3 billion on table

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Key Highlights
  • Private sector lender Yes Bank on November 1 said it is in discussions with investors who are willing to pump in over $3 billion in capital.

  • The bank, on October 31, had disclosed that it is in touch with a family office in the US to raise $1.2 billion to shore up its capital.
RBI Revamps Departments For Effective Supervision, Regulation Of Banking Sector

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Key Highlights
  • Under attack for not being able to prevent scams in the banking sector, the RBI on Friday reorganised its supervisory and regulatory functions into two departments to deal more effectively with potential systemic risk.

  • The central bank had separate departments for supervisory function as well as regulatory function which have been integrated into two unified departments.

  • The development follows the RBI's central board decided to create separate supervisory and regulatory cadre.
Bank of India expects bad loans to ease by March 2020

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Key Highlights
  • Bank of India, that plans to access capital markets to raise funds by end of this financial year, expects bad loans to ease in coming quarters even as stressed assets spiked in the second quarter.

  • N Damodaran, Executive Director, Bank of India, said the lender aims at reducing the level of gross non-performing assets (NPAs) to below Rs 58,000 crore by March 2020, from Rs 61,476 crore in July-September quarter.

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PSG Stunned By Rock-Bottom Dijon In Ligue 1

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Key Highlights
  • Paris Saint-Germain suffered a shock 1-2 defeat at the hands of rock-bottom Dijon with coach Thomas Tuchel accusing his expensively-assembled team of "being too passive and not playing together".

  • It was the third loss of the Ligue 1 season for the French champions who could also see their lead at the top trimmed to just five points by the end of the weekend.

  • Dijon, who started the day at the foot of the table with just nine points, fell behind to Kylian Mbappe's fifth goal in seven games.
Hockey Olympic Qualifiers: Manpreet Singh Hopes For India's Better Display In Second Leg

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Key Highlights
  • They may have beaten Russia 4-2 in the 1st leg of their Olympic qualifier, but India need to do better in penalty corner conversions and improve their energy levels in the second leg, said captain Manpreet Singh after the match at the Kalinga Stadium.

  • Ranked 22nd in the world, Russia, who lost 0-10 against India in the previous meeting between the two sides, ensured that the second leg of the qualifier doesn't end up being a formality by scoring twice in the first leg.
Paris Masters: Novak Djokovic Crushes Stefanos Tsitsipas, Sets Up Grigor Dimitrov Semi-Final

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Key Highlights
  • Novak Djokovic produced a magnificent performance to thrash seventh seed Stefanos Tsitsipas 6-1, 6-2 and set up a Paris Masters semi-final against Grigor Dimitrov.

  • The 32-year-old, battling Rafael Nadal for the year-end world number one spot, dispatched Greek star Tsitsipas in only 58 minutes.

  • The 16-time Grand Slam champion went into the match with a 2-1 losing record against Tsitsipas, but put the youngster in his place with a commanding victory.
Manchester City vs Southampton: Live Streaming, When And Where To Watch

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Key Highlights
  • Sergio Aguero holds the key to Manchester City's bid to overhaul Premier League leaders Liverpool as the Argentine striker reaps the rewards of the "best decision of his life".

  • When Aguero walks onto the Etihad Stadium pitch ahead of Saturday's clash with Southampton, he will feel more at one with his surroundings than he would ever have imagined when he arrived eight years ago.

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Hyderabad declared 'Creative City' in gastronomy category by UNESCO

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Key Highlights
  • Hyderabad has been adjudged as 'Creative City' in gastronomy category by the UNESCO.

  • Hyderabad is one of the two cities from India, among the total 66 creative cities selected by the UNESCO across the globe.

  • The other city from India, Mumbai, has been selected as a 'Creative City' for its contribution to the world of films.
Odisha Artist Sudarsan Pattnaik Picked For Italian Golden Sand Art Award

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Key Highlights
  • Internationally-acclaimed sand artist Sudarsan Pattnaik has been selected for the prestigious Italian Golden Sand Art Award 2019.

  • He will be honored during the International Scorrana Sand Nativity in Italy scheduled to be held from November 13 to 18.

  • Mr. Pattnaik said he will also represent India in International scoring sand Nativity. As many as eight sculptors will participate in this festival.

shape Appointment

Mukesh Kumar Gupta, Raj Kumar appointed as LIC MDs

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Key Highlights
  • Life Insurance Corporation of India on November 1 said Mukesh Kumar Gupta and Raj Kumar have taken charge as managing directors of the company.

  • The two were promoted by the government through an order dated.

  • Gupta was earlier executive director, personnel, for the life insurance behemoth and had also served as the zonal manager in charge of the central zone, an official statement said.

shape Resignation

Python creator Guido van Rossum quits Dropbox, triggering his retirement

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Key Highlights
  • PYTHON WRANGLER Guido van Rossum has announced his retirement. The news is the final curtain on the career of the man behind the world's most popular programming language.

  • Van Rossum is leaving Dropbox, where he has spent the last six years as their Python Charmer in residence, a natural fit for a platform built, in no small part, in Python - the language he created and declared himself ‘Benevolent Dictator for Life' (BDFL).

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