05 November 2021 Current Affairs: Pay attention to the news happening across the world to aid in your preparation for competitive examinations. So, people who are decided to attend the high-level exams must properly prepare for the current affairs of 2021 throughout the world. As a consequence, try to keep up yourself with today’s current affairs happenings. For more interesting news updates, simply visit Jobads. Here everybody can get a chance to take free mock tests and will be informed about current happenings from a trustworthy and up-to-date source. Finally, have a look at the current events for November 5, 2021.
Banking & Finance
Excise Duty on Diesel & Petrol: Free Current Affairs of Today
The government has taken a significant step forward by cutting the Central Excise Duty on petrol by five rupees and diesel by ten rupees, effective November 4, 2021. The cost of gasoline and diesel will be decreased in proportion, according to the Finance Ministry. Diesel will get a discount in excise duty that is double that of gasoline. According to the Ministry, farmers’ hard labor has kept the economic growth momentum going even throughout the lockdown. According to the report, the substantial drop in fuel tax will help farmers throughout the forthcoming Rabi season. Crude oil prices have been rising globally in recent months. As a result, domestic gasoline and diesel prices have risen in recent weeks, putting inflationary pressure on consumers.
Worlds First Oral to Covid-19: Latest Current Affairs Today
Britain health regulators have approved the world’s first drug to treat symptomatic COVID-19. According to the Medicines and Healthcare Products Regulatory Agency, the antiviral Lagevrio (molnupiravir) has been determined to be safe and effective in lowering the risk of hospitalization and mortality in persons with mild to moderate COVID-19 who are at high risk of developing severe illness (MHRA). Molnupiravir, which was originally intended to treat flu, might be given twice a day to those who have just been diagnosed with COVID-19 after proving to be effective in clinical trials. Molnupiravir is approved for use in persons with mild to moderate COVID-19 and at least one risk factor for severe disease. Obesity, advanced age (over 60), diabetes mellitus, and heart disease are all risk factors.
Rs 130 crore Worth of Projects in Kedarnath: Today Latest Current Affairs
PM Modi arrived in Kedarnath this morning, October 5th. At the Kedarnath Temple, Prime Minister Narendra Modi offered prayers. The Shri Adi Shankaracharya Samadhi was then dedicated, and the statue of Shri Adi Shankaracharya was revealed. Mr. Modi will dedicate significant infrastructure projects such as the Saraswati Retaining Wall Aasthapath and Ghats, the Mandakini Retaining Wall Aasthapath, Tirth Purohit Houses, and the Garud Chatti bridge across the Mandakini River. The projects cost more than 130 crores of rupees to finish. The Samadhi has been reconstructed after being damaged in the 2013 floods. The Prime Minister has overseen the whole rehabilitation process, regularly inspecting and supervising the project’s development.
PLI Scheme: 05 November 2021 Current Affairs
According to the government, 42 firms have been chosen for the Production Linked Incentive (PLI) Scheme for White Goods. According to the Commerce and Industry Ministry, 26 companies will invest 3,898 crore rupees in air conditioner components and 16 companies will invest 716 crore rupees in LED component manufacturing. According to the Ministry, this will result in the creation of an additional 44 thousand direct jobs. The Union Cabinet accepted the PLI Scheme for White Goods proposed in April of the 2021 year. The Department of Promotion of Industry and Internal Trade is the nodal agency for the PLI Scheme for White Goods – Air Conditioners and LED Lights, which has a budget of Rs 6,238 crore.