Important Current Affairs 4th May 2021

INTERNATIONAL

India and Russia to established a ‘2+2 ministerial dialogue’

•India and Russia have agreed to establish ‘2+2 Ministerial Dialogue’ at the Foreign & Defence Minister level between the two countries. Russia is the fourth country and first Non-Quad member country with which India has established the ‘2+2 Ministerial dialogue’ mechanism. India has such a mechanism with the US, Japan and Australia. It is expected to boost the bilateral strategic partnership between India & Russia.

•Relations between India and Russia are rooted in history, mutual trust and mutually beneficial cooperation. This is a strategic partnership that has withstood the test of time, and which enjoys the support of the people of both countries.

•Diplomatic relations between India and Russia began even before India achieved independence, on 13 April 1947.

NATIONAL

Wipro become the third most-valued Indian IT firm

•Wipro regained its position as the third largest Indian IT services company by market capitalization of Rs. 2.65 trillion by suppressing HCL Technologies’ Rs. 2.62 trillion market cap. TCS remains at the top of the list with a market cap of Rs. 11.51 trillion followed by Infosys.

•Wipro has also announced its commitment to achieving net-zero greenhouse gas (GHG) emissions by 2040, in line with the objective of the Paris Agreement to cap temperature rise to 1.5 degree Celsius. The country’s third-largest largest software services company has set an intermediate target of 55 per cent reduction in GHG emissions by 2030 in absolute emission levels compared to its base year of 2016-17 (April-March).

SPORTS

Lewis Hamilton won Portuguese Grand Prix

•Lewis Hamilton overtook title rival Max Verstappen and Mercedes team-mate Valtteri Bottas to win the Portuguese Grand Prix. Verstappen finished second, while Bottas, who started from pole, came in a disappointing third place. Sergio Perez took the flag in fourth, with Lando Norris fifth for McLaren.

•The reigning Formula One champion dropped to third in the opening laps but made two impressive moves in nine race-winning laps to claim his second victory of the season.

Sri Lankan cricketer Thisara Perera Announced Retirement

•Sri Lankan all-rounder and former captain, Thisara Perera has announced his retirement from international cricket, ending his international career which spanned nearly 12 years.

•Perera played six Tests, 166 ODIs (2338 runs, 175 wickets), and 84 T20Is (1204 runs, 51 wickets) for Sri Lanka, after making his debut in December 2009. The 32-year-old would continue to play domestic and franchise cricket.

Sindhu, Michelle Li appointed ambassadors for IOC’s ‘Believe in Sport’ campaign

•The Badminton World Federation announced that India shuttler PV Sindhu and Canada’s Michelle Li have been nominated as athlete ambassadors for the International Olympic Committee’s (IOC) ‘Believe in Sport’ campaign aimed at preventing competition manipulation.

•Sindhu and Li will be working alongside other athlete ambassadors from around the world to raise awareness on the topic of competition manipulation amongst athletes and encourage. The pair have been global ambassadors for BWF’s ‘i am badminton’ campaign since April 2020. The IOC’s ‘Believe in Sport’ campaign was launched in 2018 to raise awareness among athletes, coaches and officials of the threat of competition manipulation.

OBITUARY

Film and TV Actor Bikramjeet Kanwarpal passed away due to C-19

•Actor Bikramjeet Kanwarpal, who has been a popular character in many films, TV shows and web series, has passed away due to C-19 complications. The actor was latest seen in Anil Kapoor’s series 24 and web series Special OPS. He was a retired Army officer. Some of his well-known films include Creature 3D, Horror Story, Prem Ratan Dhan Payo, Bypass Road and Shortcut Romeo.

APPOINTMENTS AND RESIGNATIONS

Mahesh Balasubramanian appointed as MD of Kotak Mahindra Life

•Kotak Mahindra Life Insurance Company Limited (KLI) on 1st May announced it has appointed Mahesh Balasubramanian as managing director of the company. He has been appointed following the retirement of G Murlidhar.

•The company is in receipt of approval from the Insurance Regulatory Development Authority of India for the appointment of Balasubramanian. The appointment is for a period of three years. Suresh Agarwal has been elevated to MD & CEO of Kotak General Insurance.

Justice Prafulla Chandra appointed NHRC as acting chairperson

•The National Human Rights Commission (NHRC) member Justice (retired) Prafulla Chandra Pant had been appointed as the acting chairperson of the Commission with effect from April 25. A former Supreme Court judge, Justice Pant was appointed member of the NHRC on April 22, 2019.  The post of a chairperson has been vacant since Justice H.L. Dattu, a former Chief Justice of India, completed his tenure on December 2, 2020.

•Previously, he was appointed the first Chief Justice of the newly established Meghalaya High Court at Shillong on 20th September 2013 and continued till 12th August 2014.

IMPORTANT DAYS

International Firefighters’ Day (IFFD): 04 May 2021

•The International Firefighters’ Day (IFFD) is observed on May 4 every year since 1999. The day is celebrated to recognise and honour the sacrifices that firefighters make to ensure that their communities and environment are as safe as possible.

•The day was instituted, after the deaths of five firefighters in tragic circumstances in a bushfire in Australia on 2 December 1998.

AWARDS AND RECOGNITION

Japanese Government awarded Shyamala Ganesh the “Order of Rising Sun”

•The Japanese Government recently awarded the “Order of Rising Sun” to a Bengaluru based Japanese teacher, Shyamala Ganesh. She is a Japanese teacher at the Septuagenarian institution and also at the Ohara School of Ikebana in RT Nagar, Bengaluru. She has tutored more than hundreds of students since its inception 38 years ago. Ikebana is the Japanese art of flower arrangement.

•The award is presented to those who have made distinguished achievements in the promotion of Japanese culture, achievements in international relations, advancements in their field and conservation of the environment.

BANKING AND ECONOMY

GST revenues touch high of Rs.1.41 lakh crore in April

•Gross revenues from the Goods and Services Tax hit a record high of Rs.1.41 lakh crore in April 2021 in India, suggesting economic activity may not yet be as badly affected amidst the ongoing second wave of the C-19 pandemic, as last year.

•April’s GST collections surpassed the previous highest collections of Rs.1.24 lakh crore in March 2021 by 14%, and mark the seventh month in a row since October that GST revenues have crossed Rs.1 lakh crore.