Today's Current Affairs 25th November 2023

INTERNATIONAL

Afghanistan Closes Its Embassy in India Permanently

• The Afghanistan embassy in New Delhi has officially announced its permanent closure, citing persistent challenges from the India.

About Afghanistan:

Acting prime minister:  Mohammad Hasan Akhund

Capital: Kabul

NATIONAL

India to Chair International Sugar Organisation

• India is set to take the helm as the chairman of the International Sugar Organisation (ISO) in 2024.
• The announcement came during the 63rd council meeting of the ISO, headquartered in London.

About International Sugar Organisation:

Founded: 3 December 1968;

Headquarters: London, E14; United Kingdom.

India and Nepal Convene for the 17th Edition of Joint Military Exercise SURYA KIRAN

• The 17th edition of the Joint Military Exercise SURYA KIRAN is set to strengthen the longstanding ties between India and Nepal.
• Exercise, scheduled from 24th November to 7th December 2023.

SPORTS

Imad Wasim Retires From International Cricket

• Imad Wasim, the 34-year-old all-rounder from Pakistan, has decided to retire from all forms of international cricket.

About Pakistan:

Capital: Islamabad

President: Arif Alvi

APPOINTMENTS & RESIGNATIONS

Bandhan Bank Board Approves Reappointment of Chandra Shekhar Ghosh as MD & CEO

• The Kolkata-based private sector lender has extended Ghosh’s tenure for a period of three years.
• The current term is set to expire on July 09, 2024.

Anish Shah to Assume Presidency of FICCI

• The Federation of Indian Chambers of Commerce and Industry (FICCI), the country’s oldest and largest industry body, is set to welcome Anish Shah as its President-Elect.

About FICCI:

Founded: 1927;

Headquarters: New Delhi;

Founder: Ghanshyam Das Birla.

IMPORTANT DAYS

International Day for the Elimination of Violence against Women 2023:25th November

• November 25 marks the International Day for the Elimination of Violence against Women, a pivotal day designated by the United Nations.
• This historic declaration paved the way for the official designation of November 25 as the International Day for the Elimination of Violence against Women on February 7, 2000.
• Theme for 2023: “UNITE! Invest to prevent violence against women and girls.”

 BANKING AND ECONOMY

Warren Buffett’s Exit from Paytm: A Rs 507 Crore Loss

• Warren Buffett-led Berkshire Hathaway has made headlines by completely divesting its 2.46% stake in One 97 Communications, the parent company of Paytm.

Mastercard and U GRO Capital Collaborate for MSME Financing

• Mastercard partnership with U GRO Capital, a Non-Banking Financial Company (NBFC) specializing in Micro, Small, and Medium Enterprises (MSME) financing.

About Mastercard:

CEO: Michael Miebach (1 Jan 2021–)

CFO: Sachin Mehra

President: Michael Miebach

Headquarters: Purchase, Harrison, New York, United States

ADB’s $170 Million Boost Transforms Kochi’s Water Landscape

• Kochi, often referred to as the commercial capital of Kerala.

About Asian Development Bank:

Headquarters: Mandaluyong, Philippines

Founded: 19 December 1966

President: Masatsugu Asakawa (from 17 January 2020)