12-10-22 Daily-Punjab-PPSC Current Affairs

Punjab Affairs

Chance for Punjab firms to set up food processing units in Russia’

With exodus of European, American and Japanese companies after the Russian invasion of Ukraine, there are ample opportunities for the Indian firms to invest or increase their export exposure to Russia. According to the Indian Ambassador to Russia, Pavan Kapoor, Moscow seeks fresh partners to fill the void.

Unending sanctions of European and American nations forced multiple western companies to pull out their businesses from Russia. Many companies operating in diverse sectors closed their operations in Russia. Considering this pull-out, there is an opportunity for the Indian companies to fill the void left by western companies.

After exporting crude oil at a highly competitive price, Russia has now started to become the preferred destination for Indian companies. In 2021-22, India’s exports to Russia stood at $3.25 billion while imports were at $9.87 billion. While during the period April-August this year, the total bilateral trade was $18 billion. Out of the total, imports were $17 billion and exports from India were $1 billion. The huge is mainly on account of import of oil from Russia.

For Punjab-based companies, there are opportunities in Food Processing sector mainly fruit and vegetable concentrates, fruit additives, automobile and auto components, Cotton yarn, jute & textiles, packaging and hand tools etc.

National and International Affairs

Chief Justice of India U.U. Lalit nominates Justice D.Y. Chandrachud as his successor

Chief Lalits recommendation to the government would start the process for appointment of Justice Chandrachud as the 50th Chief Justice of India.If the government approval comes through, Justice Chandrachud would be the first second-generation Chief Justice of India. His father, Justice Y.V. Chandrachud, was the 16th Chief Justice of India and one of the longest serving ones.

Justice Chandrachuds years in The Supreme Court has seen his hand in almost every notable judgment of the court. His erudite verdicts and dissents on the Bench were marked by a reformist approach, especially in the arena of civil liberties, individual and womens rights.

His latest judgment had held thatsingle Women are equally eligible to the protection of abortion laws. Justice Chandrachud had decriminalised adultery, upheld the right of women short service officers in Army and Navy to be considered for permanent commission and stood by a womans right to marry a partner of her choice. Justice Chandrachud upheld theright of women of menstrual age to enter the Sabarimala temple.

Philip H. Dybvig

For the research on Banking and financial crises

Barry Sharpless

For the development of click chemistry and bio-orthogonal chemistry

Noble Prize in Economics 2022

Anton Zeilinger

For conducting experiments in quantum mechanics that laid the groundwork for rapidly-developing new applications in computing and cryptography.

Noble Prize in Chemistry 2022

Organization memorial and Organization Centre for Civil Liberties

For promoting the right to criticize power and protect the of citizens.

For showing outstanding efforts to document war crimes, Human Rights abuses, and the abuse of power.

Noble Prize in Physics 2022

Annie Ernaux

For the courage and clinical acuity with which she uncovers the roots, estrangements, and collective restraints of personal memory.

Noble Peace Prize 2022

Professor Svante Pbo

For the discovery of the genetic identity of two of humankinds earliest ancestors, and opening a new window on the HUMAN EVOLUTION process.

Noble Prize in Literature 2022

List of Noble Prize Winners 2022

Noble Prize in Physiology and Medicine 2022

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