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Important Current Affairs 4th November 2021


Ethiopia declares nationwide state of emergency

•Ethiopia declared a nationwide state of emergency on Tuesday and ordered residents of the capital Addis Ababa to prepare to defend their neighbourhoods amid fears that Tigrayan rebels were heading there.

•The measures came after several days of reported advances by the Tigray People's Liberation Front (TPLF) rebel group, which is locked in a brutal year-long war against Prime Minister Abiy Ahmed's government.

UNEP, European union launch observatory to curb methane emissions

•The United Nations Environment Programme (UNEP) has launched a new methane observatory as it looks to drive action on reducing emissions of the greenhouse gas.

•The International Methane Emissions Observatory (IMEO) was launched at the G20 Summit over the weekend, with support from the European Union.

•“Methane is one of the most dangerous gases for our climate. We urgently need to reduce methane emissions to keep our climate targets in reach,” European Commission president Ursula von der Leyen said.

•“Better satellite monitoring is essential and the EU is proud to support the creation of the International Methane Emissions Observatory.”

SpaceX sets up subsidiary in India, plans to apply for licence

•World’s richest person Elon Musk-owned SpaceX has incorporated its wholly-owned subsidiary in India to start local broadband operations. SpaceX’s satellite broadband arm Starlink aims to start broadband services in India from December 2022, with 2 lakh active terminals subject to permission from the government.

•The company is charging a deposit of USD 99 or Rs 7,350 per customer and claims to deliver data speeds in the range of 50 to 150 megabits per second in the beta stage. The services of the company will compete with that of Reliance Jio, Bharti Airtel, Vodafone Idea in broadband and it will be a direct competitor to Bharti Group-backed OneWeb. The company is keen to work in rural areas for providing broadband services.


Arjun Munda Launched New Tribes India outlets in Patna and Chennai

•The Union Minister for Tribal Affairs Shri Arjun Munda launched 4 new Tribes India Outlets virtually today, one in Patna and three at Chennai Metro. With this, Tribes India has expanded its retail network to 147 outlets across the country.

•As India moves ahead with its strategy for India@75 and focuses on converting development into a mass movement, TRIFED is working with its roots in ground realities and emphasizing the welfare both in design and implementation. With the focus on “Vocal for Local” and building an “Atmanirbhar Bharat”, TRIFED is undertaking several path breaking activities, while re-dedicating its efforts towards tribal empowerment.

Union minister Jitendra Singh inaugurates supercomputing facility

•Inauguration of the advanced 650 teraflops supercomputing facility at the National Agri-Food Biotechnology Institute (NABI) was done online by Union Minister of Science and Technology and Earth Sciences Jitendra Singh on Tuesday.

•The facility has come up under the National Supercomputing Mission (NSM) in collaboration with C-DAC, Pune.

•Established and funded by the Department of Science and Technology (DST) with an approximate cost of Rs 20 crore, this high-end facility will be helpful in the analysis of large-scale genomics, functional genomics and structural genomics data.

•This 650 teraflops supercomputing facility will uniquely cater to the needs of the interdisciplinary cutting-edge research being carried out at the institute in the areas of  Agricultural and Nutritional Biotechnology, according to an official release.

IAF's Mirage 2000 squadron takes part in Blue Flag exercise in Israel

•A total of 84 Indian Air Force (IAF) personnel took part in the international multilateral combat exercise Blue Flag 2021, along with IAF’s Mirage 2000 aircraft squadron at Israel’s Ovda Airbase. The theme of Blue Flag 2021: Integration of fourth and fifth-generation aircraft in complex operational scenarios.

•The exercise involves Air Force missions from 8 countries, to share knowledge and combat experience to improve operational capabilities. The other seven countries that have participated in the exercise include the US, UK, Germany, France, Italy, Greece, and Israel.


Indian GM Iniyan wins chess tournament in Serbia

•Indian Grandmaster (GM) P Iniyan has won the 5th Rujna Zora chess tournament held at Serbia. International Master (IM) Makarian Rudik of Russia finished 2nd and another Indian Player V S Raaghul finished 3rd and IM S. Nitin placed 4th. P Iniyan is the 16th Indian Grand Master from Erode, Tamil Nadu. His current International Chess Federation (FIDE) ratings is 2556.


Arun Chawla appointed as director-general of Ficci with immediate effect

•Industry chamber Federation of Indian Chambers of Commerce & Industry (FICCI) named Arun Chawla as its new director-general. He will assume charge with immediate effect. He joined FICCI in 2011 and is currently the deputy secretary-general of the chamber. He joined the Federation of Indian Chambers of Commerce & Industry in 2011 and is currently the deputy secretary-general of the chamber.


Axis Bank signs MoU with Indian Navy for salary accounts

•Axis Bank signed an MoU with the Indian Navy to offer a defence service salary package under ‘’Power Salute’’ at New Delhi. Through the agreement, the bank will provide several benefits to all ranks of Indian Navy veterans and cadets. ICICI Bank also renewed its MoU with the Indian Army to offer enhanced benefits and new features through its ‘Defence Salary Account’ (DSA) to all serving as well as retired Army personnel.

•Major benefits included under “Power Salute” are an accidental cover up to INR 56 lakh, children education grants up to INR 8 lakh, total permanent disability cover up to INR 46 lakh, partial permanent disability cover of up to INR 46 lakh and air accidental cover of INR 1 crore, zero processing fee and 12 EMI (Equated Monthly Installment) waivers on the home loan.

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