Current Affairs Highlights (November 22, 2024)
International:
- APEC Summit Discussions: The APEC summit in Lima saw significant discussions between U.S. President Joe Biden and Chinese President Xi Jinping, addressing concerns about global economic stability amid Donald Trump’s return to the White House​
- Nepal Exports Electricity to Bangladesh: Nepal has started exporting electricity to Bangladesh through India’s grid, a significant step in regional energy cooperation​
- India-Nigeria Maritime Cooperation: During Prime Minister Narendra Modi’s visit to Nigeria, both nations agreed to enhance maritime security, marking the first visit by an Indian PM to Nigeria in 17 years​
- India-US Cybersecurity Agreement: India and the United States signed a major cybersecurity agreement to enhance collaboration in tackling cyber threats and ensuring secure digital infrastructure
National:
- Hypersonic Missile Test: India successfully conducted a long-range hypersonic missile test, reinforcing its defense capabilities. The missile is capable of carrying payloads over 1,500 km​
- Digital Payment Growth: UPI transactions in India reached a record 12 billion this month, reflecting the rapid digitalization of financial services​
- New Delhi Hosts G20 Summit
India successfully hosted the G20 summit in New Delhi, focusing on climate change, sustainability, and economic advancements. India also assumed the G20 presidency for 2025​ - Indian Economy Growth
The Indian economy showed steady growth driven by rising exports and activity in the manufacturing and service sectors. Inflation eased, contributing to increased consumer spending
Tamil Nadu:
- Healthcare Initiative Expansion: The Tamil Nadu government has announced a plan to expand the Chief Minister’s Comprehensive Health Insurance Scheme to include additional critical illnesses​
- Industrial Growth: Tamil Nadu signed multiple MoUs with companies in the renewable energy and electronics sectors during an investors’ meet, expecting investments worth ₹2,500 crores​
