 Indo-Japan Business Council’s Business Festival recently held in Pune. The Indo-Japan Business Council (IJBC), hosted KONNICHI WA PUNE – a first of its kind business festival in Pune. The festival was aimed to boost investment, promote businesses and cultural exchange between India and Japan. |
| Source: The Economic Times |
 Padma Shri awardee and revered saint Narayan Das Maharaj of Triveni dham near Jaipur passed away. He was awarded Padma Shri in January 2018. |
| Source- Business Standard |
 The purpose of Africa Industrialization Day (AID), marked each year on 20 November, is to raise global awareness of the challenges faced by the continent with regard to industrialization. The theme for AID 2018 is “Promoting Regional Value Chains in Africa: A pathway for accelerating Africa’s structural transformation, industrialization and pharmaceutical production”. |
| Source- The United Nations |
 United Nations Universal Children’s Day was established in 1954 and is celebrated on November 20th each year to promote international togetherness, awareness among children worldwide, and improving children’s welfare. |
| Source- The United Nations |
 The Maldives cabinet has approved to rejoin the Commonwealth, two years after withdrawing from the 53-nation grouping. The announcement was made by New President of Maldives Ibrahim Mohamed Solih. Now, the proposal will be sent to Parliament for ratification. The country left the Commonwealth during former President Abdulla Yameen’s administration in October 2016, amid mounting pressure over corruption and deteriorating human rights. |
| Source- AIR World Service |
 India’s top junior shuttler Lakshya Sen (17 years old) won bronze medal at Li Ning BWF World Junior Badminton Championships 2018 held at Markham, Canada. In singles semi-final match, he lost to top seed and world junior number one Kunlavut Vitidsarn of Thailand. This was Sen’s first medal from this prestigious tournament in three attempts. |
| Source- The Indian Express |
 The Government of India, the Government of Jharkhand and the World Banksigned in New Delhi a $310 million Loan Agreement for Jharkhand Power System Improvement Project to provide reliable, quality, and affordable 24×7 electricity to the citizens of Jharkhand. The Jharkhand Power System Improvement Project will help build new power transmission infrastructure, as well as put in place systems to improve the technical efficiency and commercial performance of the state power sector utilities. The $310 Million Loan from the International Bank for Reconstruction and Development (IBRD), has a 5-year grace period, and a final maturity of 25 years. |
| Source- Press Information Bureau (PIB) |
 The RBI board decided to set up a high-powered committee to examine issues related to the surplus capital of Rs 9.69 lakh crore with the central bank and advised it to consider a scheme for restructuring stressed assets in the MSME sector. At the crucial meeting of the board in Mumbai, it was also decided that the Board for Financial Supervision (BFS) of the RBI would examine the issues concerning the banks health under Prompt Corrective Action (PCA) framework and the Economic Capital Framework – ECF of RBI. The Reserve Bank and the Finance Ministry will decide the committee’s composition. |
| Source- AIR World Service |
 SBICAP Ventures (SVL), an alternative asset manager and a wholly owned subsidiary of SBI Capital Markets, has launched two funds for the small and medium enterprises (SMEs) and affordable housing sectors. The SME fund is expecting to raise a corpus of Rs 400 crore, while the affordable housing fund would look at raising Rs 350 crore. Before this, SBICAP Ventures had launched a fund named Neev Fund in 2015 with a focus on the low-income states for small infrastructure projects. |
| Source: The Economic Times |
 One of India’s greatest sarod masters, Ustad Amjad Ali Khan, was presented the ‘Sumitra Charat Ram Award for Lifetime Achievement’ at the Kamani Auditorium, New Delhi, for his “immense contribution to the enrichment and promotion of the Indian classical music”. The award was presented to him by former diplomat Lalit Mansingh. Best known for his clear and fast ‘ekhara taans’, Khan was born in 1945 in Gwalior. He was awarded the Padma Vibhushan (in 2001) and is among the tallest Indian classical musicians. |
| Source- The Indian Express |
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