INTERNATIONAL

Alphabet launches new AI drug discovery startup, Isomorphic Labs

•Google parent company Alphabet Inc. has launched a new company in London called Isomorphic Labs. The company aims to use AI (artificial intelligence) for drug discovery and medicine to find cures for some of humanity’s most devastating diseases. Demis Hassabis will be the CEO of Isomorphic Labs. Hassabis is the CEO and co-founder of DeepMind, another Alphabet subsidiary that used AI to predict the 3D structure of a protein directly from its amino acid sequence.

•The London-based Isomorphic Labs will work on the most important applications of AI — in the field of biological and medical research. The company aims to use AI to accelerate drug discovery, and ultimately, find cures for some of humanity’s most devastating diseases. The new venture also plans to partner with biomedical and pharmaceutical companies, using artificial intelligence to discover new medicinal advancements.

NATIONAL

Union Minister R K Singh virtually inaugurated the diversion of the Marusudar River

•Union Power Minister R K Singh virtually inaugurated the diversion of the Marusudar River of Pakal Dul Hydro Electric Project in Kishtwar, J&K. Pakal Dul HE Project (1,000 MW) is being constructed by Chenab Valley Power Projects Pvt Limited (CVPPPL) and Jammu and Kashmir State Power Development Corporation. Marusudar River is a major tributary of the Chenab River.

•Pakal Dul HE Project is a 1000 MW project. It is being constructed by Chenab Valley Power Projects [P] Ltd. It is a joint venture company of JKSPDC (Govt of J&K) and NHPC Ltd (Govt of India Enterprise).

•Pakal Dul H.E. Project will help in fulfilling the target of 450 GW Renewable energy by 2030.

SPORTS

President's Cup: Manu Bhaker, Javad Foroughi Win Air Pistol Mixed Team Gold

•India’s woman pistol star Manu Bhaker and Iranian Olympic champion Javad Foroughi has won the 10m air pistol mixed team gold at the inaugural ISSF President’s Cup at the Wroclaw in Poland. The Indo-Iranian pair beat the French-Russian duo of Mathilde Lamolle and Artem Chernousov 16-8 to clinch the gold medal. A seven-member Indian contingent is participating in the ISSF President’s Cup.

APPOINTMENT & RESIGNATION

Zubeen Garg Appointed as the brand ambassador of Bandhan Bank for Assam

•Bandhan Bank has announced Popular Assamese & Bollywood singer Zubeen Garg as the brand ambassador for the Bank in Assam. This association is a landmark one for Bandhan Bank as this is the first time ever that the Bank has associated with a brand ambassador since its inception six years back.

•To mark the commencement of this association, Zubeen has released his new music video which showcases diverse elements of Assamese culture and heritage. The song and video have been produced courtesy of Bandhan Bank. Titled ‘Axom Amaar Mone Praane,” the song is a melodious blend of the different kinds of folk music native to Assam.

OBITUARY

Tarak Sinha, the father-figure coach, passes away

•Eminent Cricket Coach and Dronacharya Awardee, Tarak Sinha has passed away after a prolonged illness. He is known for training some of India’s finest cricketers like Manoj Prabhakar, Raman Lamba, Ajay Sharma, Atul Wassan, Surinder Khanna, Sanjiv Sharma, Aakash Chopra, Anjum Chopra, Rumeli Dhar, Ashish Nehra, Shikhar Dhawan and Rishabh Pant.

IMPORTANT DAYS

World Urbanism Day 2021: 08th  November

•World Urbanism Day, also known as “World Town Planning Day”, is celebrated on 8 November globally, to recognise and promote the role of planning in creating livable communities. World Urbanism Day provides an opportunity to look at planning from a global perspective, in order to draw attention to the environmental impact resulting from the development of cities and territories.

•WUD is organised by the International Society of City and Regional Planners (ISOCARP). The day was founded in 1949 by the late Professor Carlos Maria della Paolera of the University of Buenos Aires, to advance public and professional interest in planning.

International Day of Radiology 2021: 08th November

•International Day of Radiology is observed globally on 8th November every year. The day is celebrated to promote the awareness of the value that radiology contributes to safe patient care, and improve public understanding of the vital role radiologists and radiographers play in the healthcare continuum. The theme for 2021 is ‘Interventional Radiology – Active care for the patient’.

•Radiology is the medical discipline that uses medical imaging to diagnose and treat diseases within the bodies of animals and humans. A variety of imaging techniques such as X-ray radiography, ultrasound, computed tomography (CT), nuclear medicine including positron emission tomography (PET), fluoroscopy, and magnetic resonance imaging (MRI) are used to diagnose or treat diseases. Interventional radiology is the performance of usually minimally invasive medical procedures with the guidance of imaging technologies such as those mentioned above.

AWARDS & RECOGNITION

Kannada actor Puneeth Rajkumar will be posthumously conferred the Basavashree award 2021

•Kannada actor Puneeth Rajkumar will be posthumously conferred the Basavashree award 2021 by the Bruhanmutt. Fondly called Appu, Puneeth, who was born in Chennai on March 17, 1975, was an actor, playback singer, television presenter, and producer. Puneeth, son of Matinee Idol Rajkumar, was a lead actor in 29 films and as a child and appeared in many films.

•The award honours people for services to society in their respective fields by following the principles of Lord Basaveshwar. It is presented by Chitradurga Bruhanmutt since 1997. The award includes Rs 5 lakh cash and a memento. PT Usha (2009), Malala Yousufzai (2014), P Sainath (2016), Dr K Kasturirangan (2020) are some to win the award in recent times.

BANKING AND ECONOMIC

GST Collections Touch Rs 1.30 Lakh Crore In October

•Gross Goods and service tax (GST) collection for the month of October came in at Rs 1,30,127 crore, the second-highest collection since GST was implemented in July 2017. The highest-ever GST collection of Rs. 1.41 lakh crore was recorded in April 2021. Revenues for the month are 24% higher year-on-year.

•Of the gross GST revenue collected in October, Rs 23,861 crore was towards CGST, Rs 30,421 crore was towards SGST and Rs 67,361 crore was towards IGST, and Cess amounted to Rs 8,484 crore. According to the decision taken by the GST Council, back to back the loan of Rs 1.59 lakh crore has been released in advance in lieu of a shortfall in the release of GST compensation during the current fiscal.

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