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    Important Current Affairs 25th May 2019

    NATIONAL:

    25-yr-old mechanical engineer Chandrani to become youngest MP ever

    • BJD's Chandrani Murmu, a 25-year-old mechanical engineer who won Odisha's reserved Keonjhar seat by defeating two-time BJP MP Ananta Nayak, will become the youngest member in Lok Sabha history. Chandrani won the seat by 66,203 votes. She will replace JJP founder Dushyant Chautala, who had become the youngest parliamentarian at 26 after being elected to 16th Lok Sabha from Hisar.

    NDA elects Narendra Modi as its leader for 2nd time in a row.

    • The BJP-led NDA has elected Narendra Modi as its leader for the second time in a row at NDA parliamentary board meeting today. Modi will meet President Ram Nath Kovind later today to stake claim to form government. "I thank all allies and MPs who unanimously chose NDA leader Narendra Modi as the new PM," said BJP President Amit Shah.

    About NDA:

    • The National Democratic Alliance is a coalition of right-leaning political parties in India. At the time of its formation in 1998, it was led by the BJP and had 13 constituent parties. Its chairman was late Prime Minister Atal Bihari Vajpayee. Also representing the alliance are L. K

    • Chairperson: Amit Shah

    • Founder: Bharatiya Janata Party

    • Founded: May 1998

    • Members: Bharatiya Janata Party, Biju Janata Dal, All India Anna Dravida Munnetra Kazhagam.

    INTERNATIONAL:

    Trump bypasses US Congress to sell $8-billion arms to Saudi, UAE.

    • US President Donald Trump, declaring a national emergency because of tensions with Iran, bypassed Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi, the UAE and Jordan. Members of Congress had been blocking sales of military equipment to Saudi and the UAE because of huge civilian toll from their air campaign in Yemen.

    APPOINTMENTS AND RESIGNATION:

    Indian Army officer appointed head of UN Mission in South Sudan.

    • Lieutenant General Shailesh Tinaikar has been appointed as the new Force Commander of the United Nations Mission in South Sudan (UNMISS) by UN Secretary-General António Guterres. He served in the UN Angola Verification Mission III from 1996 to 1997, and in the UN Mission in Sudan from 2008 to 2009. Lieutenant General Tinaikar is currently Commandant of The Infantry School.

    • Lieutenant General Shailesh Tinaikar:

    • General Shailesh Tinaikar is the recipient of the Sena Medal and the Vishisht Seva Medal for Distinguished Service. A 1983 graduate of the Indian Military Academy, he was the Additional Director General of Military Operations at Army Headquarters before taking charge of the Infantry School in Mhow.

    About United Nations Mission in South Sudan:

    • The United Nations Mission in South Sudan is the newest United Nations peacekeeping mission for the recently independent South Sudan, which became independent on 9 July 2011. UNMISS was established on 8 July 2011 by United Nations Security Council Resolution 1996.

    Wikipedia

    • Headquarters: Juba, South Sudan

    • Head: David Shearer

    • Founded: 9 July 2011

    • Parent organization: United Nations Security Council.

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    Important Current Affairs of 24th May

    INTERNATIONAL:

    US, Japan, South Korea, Australia Hold 1st Naval Drills In Western Pacific.

    • US State Department approved to sell air-defense missiles for worth of more than USD 600 million to Japan and South Korea.

    This approval was result of rising tension with North Korea when a pair of missile was tested by North Korea last week.

    The US government has approved sale of 94 SM-2 missiles used by ships against air threats along with 12 guidance systems for a total cost of USD 313.9 million.

    About South Korea

    Capital: Seoul

    Currency: South Korean Won

    President: Moon Jae-in

    About Japan

    Capital: Tokyo

    Currency: Japanese Yen

    Prime Minister. Shinzo Abe

    About USA

    Capital: Washington D.C.

    Currency: United States Dollar

    President: Donald Trump

    APPOINTMENTS AND RESIGNATIONS:

    Jagan Mohan Reddy To Be Sworn In As CM of Andhra Pradesh.

    • YSR Congress Chief Jagan Mohan Reddy sworn in as chief minister of Andhra Pradesh on 30th of May at Vijayawada.

    • Mr Jagan Mohan Reddy announced this following his party achieving inching towards a landslide victory in the legislative elections for Andhra Pradesh Legislative assembly.

    He will replace N Chandrababu Naidu who resides as Andhra Pradesh CM

    About YSR Congress Party

    President: Y. S. Jaganmohan Reddy

    Founded:12 March 2011

    Odisha Cong chief resigns after party's defeat in LS polls.

    • Odisha Pradesh Congress Committee President Niranjan Patnaik on Friday announced his resignation after the party's defeat in the state. "I've sent my resignation to Congress President (Rahul Gandhi) owning moral responsibility for party's poor show in Lok Sabha and Assembly polls in (Odisha)," he said. "While Congress faced defeat in the state, I too lost at the hustings," Patnaik added.

    About Niranjan Patnaik:

    • Niranjan Patnaik is an Indian politician, from Orissa. He is currently state president of Orissa Pradesh Congress Committee and former minister of Orissa State.

    • Born: 22 February 1948 (age 71 years), Anandapur

    • Party: Indian National Congress

    • Residence: Bhubaneswar

    • Education: Utkal University (1962)

    • Siblings: Soumya Ranjan Patnaik, Chittaranjan Patnaik

    • Children: Navajyoti Patnaik

    YSRCP wins Andhra Assembly polls, Jagan Reddy to become CM.

    • YSR Congress Party (YSRCP) has won the Assembly election in Andhra Pradesh, with victory in 151 of the 175 constituencies in the state. The previous ruling party Telugu Desam Party (TDP) managed to win 23 seats. Meanwhile, YSRCP leader Ummareddy Venkateswarlu has announced that party chief YS Jagan Mohan Reddy will take oath as the Chief Minister on May 30.

    About Jagan Mohan:

    • Yeduguri Sandinti Jaganmohan Reddy, is an Indian politician from Andhra Pradesh, who is the founder and leader of YSR Congress Party, and Leader of opposition in the Andhra Pradesh Legislative Assembly since 16 May 2014. He is the son of the former Chief Minister of Andhra Pradesh, Y. S. Rajasekhara Reddy.

    • Born: 21 December 1972 (age 46 years), Pulivendula

    • Party: YSR Congress Party

    • Spouse: Y S Bharati (m. 1996)

    • Education: Nizam College, The Hyderabad Public School, Begumpet

    • Siblings: Y. S. Sharmila

    • Children: Harsha Reddy, Varsha Reddy

    About YSR Congress Party (YSRCP).

    • YSR Congress Party is a regional political party in the states of Andhra Pradesh and Telangana in India. Currently, its president is Y. S. Jaganmohan Reddy, the son of former Andhra Pradesh chief minister Y. S. Rajasekhara Reddy. Both YSR and Jaganmohan Reddy had been members of the Indian National Congress.

    • President: Y. S. Vijayamma

    • Leader: Y. S. Jaganmohan Reddy

    • Founder: Y. S. Jaganmohan Reddy

    • Founded: 12 March 2011

    • Wings: YSR Congress Trade Union, YSR Congress Mahila Wing, YSR Congress Student Wing, YSR Congress Youth Wing

    • Headquarters: Hyderabad, Telangana, India

    Theresa May to resign as the Prime Minister of UK on June 7.

    • Theresa May on Friday said she will step down as the Prime Minister of the United Kingdom on June 7. This comes as May faced backlash by her own MPs against her latest Brexit plan. Since January, the UK Parliament has rejected the withdrawal agreement that May negotiated with the European Union (EU) three times.

    About Theresa may:

    • Theresa Mary May is a British politician who serves as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2016 until 2019. May was first elected Member of Parliament for Maidenhead in 1997, and served as Home Secretary from 2010 to 2016.

    • Born: 1 October 1956 (age 62 years), Eastbourne, United Kingdom

    • Party: Conservative Party

    • Previous offices: Home Secretary of the United Kingdom (2010–2016),

    • Education: St Hugh's College, Oxford (1974–1977), University of Oxford.

    About United Kingdom:

    • The United Kingdom, made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe. England – birthplace of Shakespeare and The Beatles – is home to the capital, London, a globally influential centre of finance and culture. England is also site of Neolithic Stonehenge, Bath’s Roman spa and centuries-old universities at Oxford and Cambridge.

    BJD wins 112 seats in Odisha, Patnaik set to be CM for 5th time in row.

    • BJD won 112 seats out of 146 in 2019 Odisha Assembly polls, with party President Naveen Patnaik set for a fifth consecutive term as CM. Patnaik becomes only the third CM after Sikkim’s Pawan Chamling and West Bengal’s Jyoti Basu to achieve the feat. BJP won 23 seats, Congress 9, and CPI(M) and an independent candidate won one seat each.

    About Naveen Patnaik:

    • Naveen Patnaik is an Indian politician who is the current and 14th Chief Minister of Odisha. He is also the president of the Biju Janata Dal, a writer and has published four books.

    • Born: 16 October 1946 (age 72 years), Cuttack

    • Party: Biju Janata Dal

    • Education: The Doon School, Welham Boys' School, University of Delhi, St Stephen's College, Kirori Mal College Hostel

    • Siblings: Gita Mehta, Prem Patnaik.

    • Parents: Biju Patnaik, Gyan Patnaik.

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    Important Current Affairs of 22th May

    INTERNATIONAL:

    Nepal banned popular Chinese digital wallets Alipay and WeChat.

    • Nepal banned popular Chinese digital wallets Alipay and WeChat to prevent the loss of foreign currency earnings from tens of thousands of Chinese tourists. The reason cited is Nepal was losing out since the actual transactions took place in China.

    • Over 1,50,000 Chinese holidaymakers visited Nepal in 2018, many using digital wallets to pay in hotels, restaurants, and shops in tourist areas, especially in Chinese-run businesses.

    • Nepal:

    President: Bidhya Devi Bhandari

    Prime Minister: KP Sharma Oli

    Capital: Kathmandu

    Currency: Nepalese rupee

    Bangladesh stopped visas for Pakistani nationals.

    • The Bangladesh High Commission in Islamabad has stopped issuing visas to Pakistani nationals for one week over a fresh diplomatic row amid strained bilateral ties since 2013 when Dhaka decided to hang several of the 1971 war criminals.

    The Bangladesh High Commission in Islamabad stopped issuing visas to Pakistanis for the last one week as a mark of protest as a Bangladeshi diplomat's visa-extension application has not been cleared by the Pakistan government for last four months.

    No official announcement yet made:

    In 2018, Dhaka denied a visa to the Pakistan High Commissioner. The Foreign Office in Dhaka, however, is yet to make any formal confirmation and no official notification has been issued on the halting of visas to the Pakistani nationals.

    Bangladesh refusal for Pak. new high commissioner:

    Bangladesh has reportedly refused to accept the 'agreement' from Islamabad for the appointment of a new high commissioner.

    Pakistan Ministry of Foreign Affairs named Saqlain Syedah as its new High Commissioner to Bangladesh, but Dhaka refused to accept the "agreement", a diplomatic requirement under which a host country has to confirm the appointment of an incoming envoy.

    Reason:

    Bangladesh, which seceded from Pakistan in 1971, has accused Pakistan of financing terrorism on its soil. Bilateral ties have become so strained. Now it has halted granting visas to all Pakistanis.

    AGREEMENTS AND MOU’s:

    Tech Mahindra signed a defence contract worth Rs.300 crore with Indian Navy.

    • IT major, Tech Mahindra has signed a defence contract worth Rs.300 crore with Indian Navy. This contract is its biggest agreement to date. The IT major will implement RFID-based access control system across all naval bases and ships as part of 'Armed Forces Secure Access Card (AFSAC)' Project. AFSAC  will replace the existing paper-based identity card for all Navy personnel, including dependents and ex-servicemen. As part of the AFSAC Project, Tech Mahindra will implement RFID (Radio Frequency Identification) based access control system across all naval bases and ships.

    AFSAC Project:

    •  The Mumbai-based company will develop a secure application to manage the access control devices, network devices, and the AFSAC card through a data centre.

    •  The security of Indian Naval establishments against unauthorized access is a thrust area and the AFSAC Project will be an important step towards achieving this aim.

    • Scheduled to be implemented over the next two years, the project will ensure smooth issuance, handling, administration, management and life-cycle support of AFSAC Cards on turnkey basis.

    • This project further cements the company's role as one of the leading system integrators globally. Tech Mahindra is already working with entities like Coal India, India Ports Association, Kanpur Smart City and others.

    Tech Mahindra:

    Type: Public

    Founded on: 24 October 1986

    Chairman: Anand Mahindra

    MD & CEO: C.P. Gurnani

    Services: Outsourcing, Consulting, Managed services

    APPOINTMENTS AND RESIGNATIONS:

    TikTok parent hires former Google executive Sameer Singh as VP.

    • TikTok owner ByteDance has appointed media agency GroupM's South Asia CEO Sameer Singh in the role of VP, monetisation, for India. The IIM Calcutta alumnus, who has earlier worked as Director Agencies Business at Google India will join new role in August. In his new role, Sameer will lead the advertising, sales and marketing strategies across ByteDance’s products in India.

    About TikTok:

    • TikTok, also known as Douyin in China, is an iOS and Android media app for creating and sharing short videos. The application allows users to create short music videos of 3 to 15 seconds and short looping videos of 3 to 60 seconds.

    • Initial release date: September 2016

    • Stable release: 11.2.3 / 12 May 2019

    • Developed by: ByteDance

    • Size: 308.3 MB (iOS); 80.19 MB (Android)

    • Operating system: iOS, Android

    • Available in: 33 languages

    Bimal Dayal to lead merged entity of Indus Towers, Bharti Infratel.

    • Bharti Airtel and Vodafone Group have announced Bimal Dayal, who is currently CEO of Indus Towers, will be appointed CEO of the merged entity of Indus Towers and Bharti Infratel. Dayal, who joined Indus Towers as its Chief Operating Officer in 2010, previously worked with Ericsson. The tower companies further named Indus CFO Hemant Ruia as the combined entity's CFO.

    • About Merged entity of indus Towers,Bharti Infratel.

    • The merged company will be listed on the stock exchanges as Bharti Infratel is a publicly traded company. ... Bharti Infratel and Vodafone Group own 42% each inIndus Towers, while Vodafone Idea, the merged entity of Idea Cellular and Vodafone India, holds 11.15%.

    DAYS:

    World Biodiversity Day is observed on 22 May.

    • The International Day for Biological Diversity (or World Biodiversity Day) is a United Nations-sanctioned international day to increase understanding and awareness of biodiversity issues. The day is observed on May 22 every year. The theme for 2019 is 2019 - Our Biodiversity, Our Food, Our Health.

    Biological Diversity falls within the scope of the UN Post-2015 Development Agenda's Sustainable Development Goals. Agrobiodiversity and its potential to support human nutrition and good health is a critical component of the global sustainability agenda. The critical role of biodiversity in sustainable development was recognized in a Rio+20 outcome document, The World We Want: A Future for All.

    Theme 2019: Our Biodiversity, Our Food, Our Health:

    • This year’s International Day for Biological Diversity focuses on biodiversity as the foundation for our food and health and as a key catalyst to transforming food systems and improving human well-being.

    • The theme aims to leverage knowledge and spread awareness of the dependency of our food systems, nutrition, and health on biodiversity and healthy ecosystems. The theme also celebrates the diversity provided by our natural systems for human existence and well-being on Earth, while contributing to other Sustainable Development Goals, including climate change mitigation and adaptation, ecosystems restoration, cleaner water, and zero hunger, among others.

    • To conserve and sustainably use biodiversity for the well-being, every individual need to:

    • Reduce meat consumption

    • Eat and purchase seasonal foods

    • Buy local foods

    • Reduce food waste

    • Compost food scraps

    • Reduce food packaging by using reusable bags or reusing glass jars or containers

    • Avoid single-use plastics like plastic straws, coffee cups, plastic cutlery, take out containers or plastic water bottles

    • Promote local and indigenous biodiversity for food and nutrition

    AWARDS:

    Oman author Jokha Al Harthi wins Booker International Prize.

    • Oman Author Jokha Al Harthi won the prestigious Man Booker International Prize for "Celestial Bodies", the story of three sisters of a desert country confronting its slave-owning past and a complex modern world.

    • Jokha Alharthi, the first Arabic-language writer to take the prize, will split the 50,000 pounds or 64,000 US dollar purse with her UK-based translator, Marilyn Booth.

    About Man Booker International Prize

    Country: United Kingdom

    Awarded for: Best book in English translation

    Presented: by Man Group

    Reward(s):£50,000

    First awarded: 2005.

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    Important Current Affairs 21th May 2019

    NATIONAL:

    PCT Humanity entered the Guinness Book of World Records for its hunger relief efforts.

    • PCT Humanity, a charity run by an Indian, in the UAE has entered the Guinness Book of World Records for its hunger relief efforts during the holy month of Ramzan in Abu Dhabi. The charity set the new Guinness World Records for “Longest Line of Hunger Relief Package” in Abu Dhabi.

    Adjudicated by Douglas Palau, the attempt saw iftar meals containing seven items spread in a line without keeping any gap between the packages for a kilometre.

    Joginder Singh Salaria's, founder of PCT Humanity, efforts were in continuation to the vegetarian iftar held daily at the premises of his company Pehal International, Dubai Industrial Park. The main aim of the charity is to feed people pure vegetarian food to stay healthy and fit and also save animals.

    Reliance beats Indian Oil, becomes India's biggest firm by revenue.

    • Asia's richest person Mukesh Ambani-led Reliance Industries has toppled state-run Indian Oil to become India's largest company by revenue. Reliance reported revenue of ₹6.23 lakh crore for 2018-19 compared to Indian Oil's ₹6.17 lakh crore. With this milestone, Reliance has achieved the number one position in India in terms of revenue, profit and market capitalisation.

    • Reliance Industries Limited is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Wikipedia

    • Stock price: RELIANCE (NSE) ₹ 1,339.90 +14.00 (+1.06%)

    • 21 May, 3:43 pm IST - Disclaimer

    • CEO: Mukesh Ambani (31 Jul 2002–)

    • Owner: Mukesh Ambani (47.35%)

    • Founder: Dhirubhai Ambani

    • Founded: 8 May 1973, Maharashtra

    • Revenue: 6.23 lakh crores INR (US$87 billion, 2019)

    • Subsidiaries: Jio, JioSaavn, Radisys, Indiavidual Learning, MORE

    BANKS AND ECONOMICS:

    Tripura Gramin Bank received Indias top three Regional Rural Banks (RRBs) in terms of profit, business and growth.

    • Tripura Gramin Bank received India’s top three Regional Rural Banks (RRBs) in terms of profit, business and growth.

    • Currently India has 46 Regional Rural Bank out of which Tripura Gramin Bank ranked 3rd in the country. 

    • Tripura Gramin Bank posted a profit for 7 successive years to Rs 125.45 crore in fiscal 2018-19.

    • The central government has a 50% stake, the Union Bank of India has 35% stake and rest 15% is held by the Tripura government.

    About Tripura Gramin Bank

    Founded    21 Dec 1976

    Headquarter: Agartala

    Chairman: Mahendra Mohan Goswami.

    APPOINTMENTS AND RESIGNATIONS:

    Joko Widodo has been elected President of Indonesia for the second term.

    • Indonesia’s Joko Widodo has been re-elected as President of the country. He beat his rival Prabowo Subianto, a retired general.

    Widodo and his vice-presidential running mate Ma’ruf Amin won the election by a 55.5% to 44.5%margin over Prabowo Subianto and Sandiaga Uno.

    Widodo's PDI-P finished first in the People's Representative Council (DPR) election with 19.33%, followed by Prabowo's Gerindra with 12.57%. The next top parties by the number of votes are Golkar, the National Awakening Party (PKB), the Nasdem Party, and the Prosperous Justice Party (PKS).

    Joko Widodo:

    Joko Widodo is an Indonesian politician who is the seventh and current President of Indonesia.

    Elected in July 2014 as the first Indonesian president to not come from an elite political or military background, he was previously the Mayor of Surakarta from 2005 to 2012, and the Governor of Jakarta from 2012 to 2014.

    He belongs to the Indonesian Democratic Party of Struggle.

    Indonesia General election:

    • General elections were held in Indonesia on 17 April 2019.

    • For the first time in the country's history, the president, the vice president, members of the People's Consultative Assembly (MPR), and members of local legislative bodies were elected on the same day with over 190 million eligible voters.

    • Sixteen parties participated in the elections nationally, including four new parties.

    The election was a re-match of the 2014 presidential election, in which Widodo defeated Prabowo. The election was described as "one of the most complicated single-day ballots in global history".

    Moin ul Haque appointed as Pakistans High Commissioner to India.

    • Pakistan announced career diplomat Moin ul Haque as its new High Commissioner to India. The appointment was formally approved by Prime Minister Imran Khan. He is the current ambassador of Pakistan in France.

    • Haque replaces Sohail Mehmood. The post of High Commissioner to India fell vacant after Sohail Mehmood was appointed Pakistan's new foreign secretary.

    • Pakistan has announced new ambassadors to 18 countries including China, Japan, and Brussels. The decision came after a detailed meeting with Prime Minister Khan, who formally approved the new appointments.

    Other appointments:

    • In Beijing, Naghmana Hashmi will replace Masood Khalid, the incumbent envoy to China, after completion of his tenure. Additional Secretary Imtiaz Ahmad has been appointed Ambassador to Japan, while Zaheer Janjua, currently serving as additional secretary in Europe, will look after the Pakistani mission in Brussels.

    • Sarfaraz Ahmad was appointed as ambassador to Sudan, Imran Haider as ambassador in Tajikistan, Major General Abdul Aziz Tariq in Brunei and Major General Muhammad Khalid Rao in Bosnia Herzegovina.

    • Ambassador in Kuwait Ghulam Dastagir will replace Muazzam Ali Khan in Abu Dhabi, while Qazi Khalilullah, serving asambassador in Russia, was being given an extension of six months.   

    The newly-appointed ambassadors and consul generals will play a pivotal in promoting the soft image of Pakistan and will adopt the best behaviour with Pakistani community living abroad.

    Note:

    Ambassador: An ambassador is an accredited diplomat sent by a state as its permanent representative in a foreign country.

    DAYS:

    May 21 is observed as Anti Terrorism day in India.

    • Every year May 21 is observed as Anti-Terrorism day in India. The day is observed in the memory offormer Indian PM Mr. Rajiv Gandhi who passed away on this day. Former Prime Minister Rajiv Gandhi was assassinated at an election rally near Chennai by a suicide bomber from the LTTE on 21 May 1991. On this day the Centre intends to spread awareness among the people about the danger of terrorism and violence and its effect on the people, society and the country as a whole.

    • The Ministry of Home Affairs requested all Varsities and affiliated colleges to observe the day. • The objective behind the observance of Anti-Terrorism Day is to wean away the people from terrorism and violence. Its motive is to promote unity, peace and harmony across the nation.

    • The Purpose of observing World Anti-Terrorism Day is:

    • To spread the message of global peace and non-violence

    • Deter vulnerable youth from following cult practices and being misguided

    • Commemorate and honor the sacrifices made by thousands of soldiers who battled against terrorism

    • Pay homage to the victims who lost their lives in terrorist attacks

    • Device ways and hold awareness programs to protect future generations from radical influence.

    • On this day Anti- terrorism pledge is taken in all government offices, PSU and in other public organisations. Events like debates, discussions, symposiums, seminars lectures will be held in schools, colleges and in universities on dangers of terrorism.

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    Important Current Affairs of 19th & 20th May

    NATIONAL

    Govt plans introducing artificial intelligence system in MCA 21 portal

    • The union governmentplans to introduce artificial intelligence system in the MCA 21 portal as it seeks to make the compliance process easier as well as ensure routine enforcement activities are done round-the-clock on autopilot basis.

    MCA 21 is the electronic backbone for the dissemination of information to all stakeholders, including the regulator, corporates and investors.

    • All filings under the companies law are submitted to the ministry through this portal.

    • Ministry of Corporate Affairs Secretary Injeti Srinivas has said the ministry would like to introduce Artificial Intelligence in MCA 21 when version 3 of the portal is rolled out in about a year's time.

    India sets Guinness World Records of largest laundry lesson with the participation of 400 young men

    • India achieved a Guinness World Records of ‘largest laundry lesson’ with the participation of 400 young Indian men.

    The event was a part of #sharetheload campaign.

    • It was done to share the responsibility of cleaning clothes at home along with the female members of the family

    The event was initiated by Ariel India.

    • It was hosted by Mandira Bedi and Indian Actor Anil Kapoor also joined the function.Earlier, the largest laundry lesson was achieved by Lion NANOX Team (Japan) at Lion Hirai Research Laboratory in Edogawa, Tokyo, Japan on November 29, 2017. It had 318 people.

    Kerala became first state to list Masala Bond in overseas market

    • Kerala became the first state to tap into masala bond market by listing the Kerala Infrastructure Investment Fund Board (KIIFB)’s masala bond worth of USD 312 million (Rs 2,150 crore) in London Stock Exchange (LSE)’s International Securities Market (ISM).

    • The masala bond has tenor of 5-year and a 9.723% coupon

    Kerala’s state finance minister Thomas Issac executed this move.

    • The main objective of this initiative was to tap masala bond market and to rebuild the infrastructure in Kerala from the proceeds of masala bond.

    AGREEMENTS

    BSNL partnered with Google for expanding WiFi footprint

    • Bharat Sanchar Nigam Limited (BSNL) partnered with Google on the occasion of World Telecom Day.

    • The main objective is to expand BSNL Wifi footprint in the country.

    Currently, there are around 38,000 BSNL Wifi hotspot locations working across the country and one can use these after buying the Wi-Fi vouchers worth of Rs 19 and more.

    BANKS AND ECONOMICS

    HDFC Capital Advisors launched an initiative termed as HDFC Affordable Real Estate and Technology Programme (HeART).

    • HDFC Capital Advisors, (a wholly-owned subsidiary of HDFC Ltd) launched an initiative termed astHDFC Affordable Real Estate and Technology Programme (HeART), the objective of which is to mentor, partner and invest in real estate technology companies which produce innovative products that aim at lowering costs and creating efficiencies in every stage of the development cycle of the affordable housing system.

    • Due to the upcoming technology disruptions, all processes like land approvals, planning and design, construction, project management, sales and facilities management would undergo a drastic change.

    • HDFC Capital will also be collaborating with leading academic institutions, industry platforms and accelerators which would aid in creating an ecosystem that supports various components in the development of affordable housing.

    Panel submits report on digital payments to RB

    • A Reserve Bank of India-appointed committee on ‘suggestions on promoting digital payment’. It was headed by Aadhaar architect Nandan Nilekani has submitted its suggestions on promoting Payment and Settlement Systems in India: Vision 2019 - 2021, digital payments to Governor Shaktikanta Das.

    • The five-member panel was encouraging digitisation of payments and enhance financial inclusion through digitisation.

    RBI will examine the recommendations of the committee and will link the action points, wherever necessary, in its Payment Systems Vision 2021 for implementation.

    • Panel Members: Besides Nandan Nilekani (Infosys co-founder), H R Khan (former RBI deputy governor), Kishore Sonsi (former MD and CEO of Vijaya Bank), Aruna Sharma (former secretary in ministries of IT and steel) and Sanjay Jain (chief innovation officer, Centre for Innovation, Incubation & Entrepreneurship (Cll E), 11M Ahmedabad).

    RECOGNITION

    Nancy Pelosi honoured with 2019 John F Kennedy Profile in Courage Award

    • The USA's House of Representatives Speaker Nancy Pelosi was honoured with 2019 John F Kennedy Profile in Courage Award. She was recognized for putting national interest above her party's interest, for her efforts to pass former President Barack Obama's 2010 health care law(Obama Care) and also for helping Democrats reclaim control of U.S. House during 2018 elections.

    • She has served in House of Representatives since 1987.

    • Previous Honorees of the award includes former Presidents Barack Obama, Gerald Ford, and prominent lawmakers Rep. John Lewis and late Sen. John McCain.

    About JFK Profile in Courage Award:

    It is an annual award that was created in 1989 by members of President J.F. Kennedy’s family.

    It seeks to honor J.F. Kennedy and to recognize and celebrate the quality of political courage which he admired most. The award recognizes a public official (or officials) at the local, federal or state level whose actions speaks of qualities of politically courageous leadership.

    OBITUARIES

    I M Pei The Master Architect Passes Away

    • I M Pei, a dominant figure in American architecture for more than three decades who designed the Louvre’s crystal pyramid, has passed away.

    • Pei’s more than 50 projects included the Musee d’Art Moderne in Luxembourg (2006) and the 72-story Bank of China Tower in Hong Kong (1989).

    • He was honored with the American Institute of Architects’ Gold Medal in 1979; the Grande Medaille d’Or from the Academie d’Architecture de France; and the Presidential Medal of Freedom in the USA.

    SPORTS

    PV Sindhu, Saina Nehwal to spearhead Indian challenge at Sudirman Cup in China

    • Sudirman Cup tournament will begin at the Guangxi Sports Center Gymnasium in Nanning, China .

    • The Top shuttlers PV Sindhu and Saina Nehwal will spearhead the Indian challenge at this prestigious tournament.

    • The Indian team will begin their campaign tomorrow against Malaysia in Group 1-D.India reached the quarterfinals twice in the 2011 and 2017 editions but failed to cross the last eight stage.

    Sudirman Cup is a mixed team Badminton Championship held every two years.

    • There are 12 elite teams that will take part in the tournament. Each group comprises of three teams, with the top two qualifyings for the quarterfinals.

    Rafael Nadal claimed the Italian Open 2019 title

    • Rafael Nadal has won a record 34th ATP Masters 1000 title by defeating Novak Djokovic in the Italian Open final 2019. This is his ninth Rome title. 

    • Nadal dominated in a 6-0, 4-6, 6-1 win broke a tie with his longtime rival Djokovic. For his victory, Nadal received 1,000 ATP Ranking points and earned ₹7.5 crore. Djokovic produced an error-strewn performance in his 54th meeting with Nadal.

    • After three semi-final defeats in Monte Carlo, Barcelona and Madrid, Nadal has returned to his best form ahead of Roland Garros and clinched his first title of the season.

    Result of Italian Open 2019:

    Men's Singles:

    Spain Rafael Nadal

    Women's Singles:

    Czech Republic Karolína Plíšková

    Men's Doubles:

    Colombia Juan Sebastián Cabal / Colombia Robert Farah

    Women's Doubles:

    Belarus Victoria Azarenka / Australia Ashleigh Barty.

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    Important Current Affairs of 17th May

    NATIONAL:

    Lokpal website launched in the country.

    • The website of the Lokpal www.lokpal.gov.in has been launched in India. It was inaugurated by Chairperson Justice Pinaki Chandra Ghose in presence of all the Members of Lokpal in New Delhi.

    • It provides basic information about the working and functioning of the anti-corruption ombudsman.

    • The Lokpal is the first institution of its kind in India established under the Lokpal and Lokayuktas Act, 2013to inquire and investigate into allegations of the corruption against public functionaries.

    About the Lokpal Act:

    The Lokpal Act, which was passed in 2013 after a nationwide anti-corruption movement. The act provides for setting up of Lokpal at the centre and Lokayuktas in the States.

    • It has jurisdiction over all Members of Parliament, central government employees, and top functionaries and public servants, including the Prime Minister and the Chief Ministers in cases of corruption.

    About Lokpal:

    The Lokpal consists of a Chairperson and eight members. Four of the judicial members have been former Chief Justices of different High Courts and the four non-judicial members have been from All India Services/Central Services.

    • First Chairperson of the Lokpal is Shri Justice Pinaki Chandra Ghose is a former Judge of Supreme Court of India and was a sitting member of National Human Rights Commission.

    • Judicial members are Shri Justice Dilip B Bhosale, Shri Justice Pradip Kumar Mohanty, Smt. Justice Abhilasha Kumari, Shri Justice Ajay Kumar Triphathi.

    Non-Judicial members are Shri Dinesh Kumar Jain, Smt. Archana Ramasundaram, Shri Mahender Singh, Dr. Indrajeet Prasad Gautam.

    CBIC introduced weightage system for appointments under compassionate appointment scheme.

    • Central Board of Indirect Taxes and Customs (CBIC) introduced a weighting system for appointments under compassionate grounds which will be based on nine criteria like family income, dependents, remaining service period of the deceased, etc.

    • The main objective is to ensure objectivity, transparency, and uniformity in the selection process for appointments on the compassionate ground.

    • The government appoints the dependent member of a government employee under compassionate appointment scheme on the grounds of medical condition or that employee dying in harness.

    • The guidelines for appointment are issued by the Department of Personnel and Training (DoPT) and CBIC introduced a weighted points system for its cadres according to the guidelines of DoPT.

    INTERNATIONAL:

    China to host 2023 Asian Cup.

    • China has become the sole contender to host the Asian Cup Football tournament in 2023. The announcement came after South Korea has announced to withdraw its bid to host the game.

    The Korea Football Association (KFA) announced that it had pulled out to strategically focus on a joint bid with North Korea to host the Women’s World Cup in the same year.

    • China's interest to host:

    • In February 2013, China suggested interest in hosting the 2019 AFC Asian Cup. However, in September 2013, the CFA withdrew its bid.

    • In late 2015, the CFA confirmed their intention to bid for the 2023 AFC Asian Cup. In March 2019 China had officially proposed to bid for the 2023 Asian Cup. China has previously hosted the 2004 Asian Cup.

    About 2023 AFC Asian Cup:

    The 2023 Asian Football Confederation (AFC) Asian Cup will be the 18th edition of the AFC Asian Cup. It is organised by the Asian Football Confederation (AFC).  The tournament will involve 24 national teams.

    Taiwan becomes 1st Asian country to legalise same-sex marriage.

    • Taiwan has become the first Asian country to legalise same-sex marriage following a vote on Friday. In 2017, the island's constitutional court ruled that same-sex couples had the right to legally marry. Taiwan's parliament was given a two-year deadline and was required to pass the changes by May 24.

    About Taiwan:

    • Taiwan, officially the Republic of China, is a state in East Asia. Neighbouring states include the People's Republic of China to the west, Japan to the northeast, and the Philippines to the south.

    • Capital: Taipei

    • Dialing code: +886

    • Currency: New Taiwan dollar

    • Official scripts: Traditional Chinese; Formosan Latin alphabet;

    • GDP (nominal): 2018 estimate

    • Official languages: Mandarin Chinese, Taiwanese Mandarin, Standard Mandarin.

    AGREEMENTS AND MOUS:

    Sony, Microsoft partners to build future cloud solutions for gaming and content streaming.

    • Sony and Microsoft have announced a partnership to build future cloud solutions supporting both gaming and content streaming alongside AI solutions.   

    • PlayStation maker Sony will use Xbox maker Microsoft's data centres and Azure cloud computing service for its existing game and streaming platforms. In return, Microsoft will gain access to Sony's image sensors.

    • The partnership comes as Google works to disrupt the video game world with a Stadia platform that will let players stream blockbuster titles to any device they wish. The Stadia platform will open to gamers later this year in the United States, Canada, Britain and other parts of Europe.

    • Google is focused on working with game makers to tailor titles for play on Stadia. It has already provided the technology to more than 100 game developers. The Stadia tech platform aims to connect people for interactive play on PCs, tablets, smartphones and other devices.

    • Streaming games from the cloud brings the potential to tap into massive amounts of computing power in data centers.

    APPOINTMENTS AND RESIGNATIONS:

    Retd. Justice Lokur appointed as a judge of SC of Fijis non resident panel.

    • The Retired judge of Indian Supreme Court Justice Madan B Lokur is appointed as ajudge of Supreme Court of Fiji's non-resident panel. He has been appointed in the new role for a period of three years.

    • The Supreme Court of Fiji has three sessions in a year. Justice Lokur will join it for the session from August 15 to August 30, 2019.

    • Justice Lokur was retired as a Supreme Court justice on December 31, 2018. It is likely that Justice Lokur received the offer from Chief Justice of the Fiji Supreme Court on the day of his retirement itself.

    About Justice Lokur:

    Justice Lokur became a judge of the Supreme Court on June 4, 2012. He enrolled as an advocate in July 1977 and practised in the Delhi High Court and Supreme Court.

    He became an Advocate on Record in the Supreme Court in 1981 and was designated Senior Advocate in 1997. He was appointed Additional Solicitor General in 1998 and continue in that position until February 1999 when he became an Additional Judge of the Delhi High Court and made a permanent judge in July 1999.

    • Fiji:

    President: George Konrote

    Prime Minister: Frank Bainimarama

    Capital: Suva

    Currency: Fijian dollar (FJD)

    Cyril Ramaphosa re-elected as President of South Africa.

    • African National Congress (ANC) won South African elections with majority and secured 57.51 percent votes and Cyril Ramaphosa elected as South African President.

    Last year in February 2018, Cyril Ramaphosa elected as South African President after President Jacob Zuma resigned from the post due to charges of corruption

    This was the first time that African National Congress has got less than 60 percent votes in national polls.

    • About South Africa

    Capital: Cape Town, Pretoria, Bloemfontein

    Currency: South African rand

    Former Apple retail chief & Burberry CEO joins Airbnb board.

    • US-based home-renting platform Airbnb has appointed Angela Ahrendts, former Senior Vice President of Retail at Apple, as its third independent non-affiliated board member. Ahrendts joined Apple in 2014 after serving as CEO of the British fashion house Burberry for eight years. Notably, Ahrendts had been one of the highest-paid employees at Apple with total compensation of $26.5 million in 2018.

    About Airbnb:

    • Airbnb,  Inc., headquartered in San Francisco,

    •  operates a global online marketplace and hospitality service accessible via its websites and mobile apps.

    • Members can use the service to arrange or offer lodging, primarily homestays, or tourism experiences.

    • Founded: August 2008, San Francisco, California, United States

    • Revenue: 260 crores USD (2017)

    • CEO: Brian Chesky (Aug 2008–)

    • Headquarters: San Francisco, California, United States

    • Founders: Brian Chesky, Nathan Blecharczyk, Joe Gebbia

    • Subsidiaries: HotelTonight, Tilt.com, Accomable, Aibiying, MORE

    About Angela Ahrendts:

    • Angela Jean Ahrendts, DBE is an American businesswoman and was the senior vice president of retail at Apple Inc.

    • She was the CEO of Burberry from 2006 to 2014. Ahrendts left Burberry to join Apple in 2014.

    • Born: 12 June 1960 (age 58 years), New Palestine, Indiana, United States

    • Salary: US$73.1 million (2014)

    • Net worth: $150 million

    • Spouse: Gregg Couch

    • Residence: California, US; London, England

    • Siblings: Kimberly Ahrendts, Carrie Ahrendts, Amy Montefalco, Amanda Ahrendts

    DAYS:

    Sikkim Statehood Day - 16th May.

    • Sikkim celebrated its 43rd statehood day. It was on May 16, 1975 that Sikkim had officially become a state under the Union of India and Kazi Lhendup Dorjee became its first chief minister. Sikkim has the highest number of employees on the government payroll constituting about 14 percent of its population. It officially became the 22nd state of the country.

    • About Sikkim

    Capital: Gangtok

    Chief Minister: Pawan Chamling

    World Hypertension Day is celebrated on 17th May.

    • World Hypertension Day (WHD) is celebrated on 17th May. WHD was designated and initiated by the World Hypertension League (WHL). The day was initiated to increase the awareness of hypertension. This was especially important because of the lack of appropriate knowledge among hypertensive patients.

    • The WHL launched its first WHD on May 14, 2005. Since 2006, the WHL has been dedicating May 17 of every year as WHD. The theme for World Hypertension Day 2019 is Know Your Numbers. The theme is with a goal of increasing high blood pressure (BP) awareness in all populations around the world. In 2019, WHL in conjunction with the International Society of Hypertension (ISH) will also promote May Measurement Month (MMM).

    • World Hypertension League (WHL):

    It was established in 1966. WHL an umbrella to organizations of 85 national hypertension societies and leagues.

    World Telecommunication Day is observed on 17 May.

    • World Telecommunication Day is celebrated annually on 17 May since 1969. It marks the founding of International Telecommunication Union (ITU) and the signing of the first International Telegraph Convention in 1865, Paris.

    It was instituted by the Plenipotentiary Conference in Malaga-Torremolinos in 1973.

    The day is celebrated with a view to:

    • stimulate reflection and exchanges of ideas on the theme adopted by the Council

    • debate the various aspects with all partners in society

    • formulate a report reflecting national discussions on the issues underlying the theme, to be fed back to ITU and the rest of its membership

    Main Objective:

    Setting standards is a fundamental pillar of ITU's mission as the specialized agency of the United Nations for information and communication technologies (ICTs). ITU standards help accelerate ICTs for all Sustainable Development Goals.

    Theme 2019:

    The theme for 2019 is Bridging the standardization gap. The 2019 theme will allow ITU Membership and other key stakeholders to focus on the opportunities for:

    • participation of developing countries in ITU's standards-making process

    • empowering local experts in the standardization process at the national, regional and international levels

    • promoting the implementation of international standards in developing countries.

    AWARDS:

    Sir Andy Murray received the knighthood award for services at Buckingham Palace.

    • Sir Andy Murray, who is a Unicef UK ambassador, received the knighthood for services to tennis and charity at Buckingham Palace. The Honours award are used to recognise merit in terms of achievement and service. The three-time Grand Slam champion was named in the Queen's New Years Honours in 2016, following his second Wimbledon win and second Olympic gold.

    Sir Andy revealed in January that he planned to retire after this year's Wimbledon, forcing back tears as he told reporters at the Australian Open that his hip injury was going to bring a premature end to his glittering career. He had surgery in January and has since begun his rehabilitation

    • United Kingdom:

    Monarch: Elizabeth II

    Prime Minister: Theresa May

    Capital: London

    Currency: Pound sterling(GBP; £)

    National/Official language: English

    • Sir Andrew Barron Murray:

    He is a British professional tennis player from Scotland. He ranked No. 217 in men's singles (as of May 2019).

    Murray represents Great Britain in his sporting activities. He is a three-time Grand Slam tournament winner, two-time Olympic champion, Davis Cup champion, winner of the 2016 ATP World Tour Finals and former world No. 1.

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    Important Current Affairs of 16th May

    NATIONAL:

    India's Chandrayaan-2 to carry NASA payload too in July: ISRO

    • India's second Moon mission, Chandrayaan-2, that's planned for a July launch will have 13 payloads and one passive experiment from American space agency NASA, ISRO said on Wednesday. The spacecraft with a 3.8-tonne mass has three modules- orbiter, lander, and rover. Eight of the 13 Indian payloads will be on orbiter, three will be on lander and two on rover.

    About Chandrayaan-2:

    • Chandrayaan-2 is India's second lunar exploration mission after Chandrayaan-1.

    • Developed by the Indian Space Research Organisation, the mission is planned to be launched to the Moon by a Geosynchronous Satellite Launch Vehicle Mark III.

    • It includes a lunar orbiter, lander and rover, all developed indigenously.

    Hyundai partners with ALD Automotive for car leasing service.

    • Hyundai Motor India Ltd (HMIL) has collaborated with ALD Automotive India, a globally renowned automotive leasing and fleet management company, as part of its in its smart mobility solutions initiative.

    • The flexible leasing solutions will provide an attractive alternative to owning a car to salaried individuals, working professionals, small and medium enterprises, corporates and public sector.

    • Hyundai Leasing will be available across Delhi NCR, Mumbai, Chennai, Hyderabad and Bangalore in the first phase.

    • The lease will be made available across the entire Hyundai product line-up at an attractive monthly lease rental. The benefits of leasing to the customers include no upfront cost, no financial risk, efficient tax management, easy up-gradation and no maintenance and insurance hassles

    About Hyundai:

    • The Hyundai Motor Company, commonly known as Hyundai Motors, is a South Korean multinational automotive manufacturer headquartered in Seoul.

    • Parent organization: Hyundai Motor Group

    • Headquarters: Seoul, South Korea

    • Subsidiaries: Kia Motors, Hyundai Card Co.,Ltd., Beijing Hyundai, etc.

    About ADL Automotive:

    • ALD Automotive is a French fleet managing and operational car leasing company and a fully owned subsidiary of Société Générale. The company is active internationally and manages around 1.5 million vehicles.

    • Headquarters: Rueil-Malmaison, France

    • Number of employees: 6,500 (2017)

    • Parent organization: Société Générale

    • Subsidiaries: Merrion Fleet Management Limited,etc.

    INTERNATIONAL:

    Alabama Senate passes bill to ban abortion.

    • The Alabama Senate has passed the most restrictive abortion Bill in the U.S., which places a near-total ban on the termination of pregnancy (abortion), even in cases of rape and incest, and could punish doctors who perform the procedure with life in prison. •The text passed by the Republican-led Senate has been sent to Governor Kay Ivey’s desk for signature into law and, if approved, is expected to trigger a legal battle.

    Under the Bill:

    • Performing an abortion is a crime that could land doctors who perform it in prison for 10 to 99 years

    • Abortions would only be legal if the life of the mother is in danger or the foetus has a fatal condition

    • ACLU, the largest human rights defence organisation in the United States, promised to file a lawsuit to block its implementation. The Republican-led Senate approved the measure by 25 votes to six.

    • The National Organization for Women called the bill unconstitutional and said its passage would send women in the state back to the dark days of policymakers having control over their bodies, health, and lives.

    AGREEMENTS AND MOU’s:

    India signed the Christchurch Call to Action in Paris.

    • India signed the Christchurch Call to Action in Paris. The agreement came in the backdrop of the attacks on Christchurch in March and is aimed at stopping the abuse of the Internet by extremists.

    The meeting held in Paris was attended by representatives of online giants like Microsoft, Google, Twitter, Facebook, and Amazon. India was represented by Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology.

    Document highlights:

    • Counter the drivers of terrorism and violent extremism by strengthening the resilience and inclusiveness of societies to enable them to resist terrorist and violent extremist ideologies, including through education, building media literacy to help counter distorted terrorist and violent extremist narratives, and the fight against inequality.

    • Ensure effective enforcement of applicable laws that prohibit the production or dissemination of terrorist and violent extremistcontent, in a manner consistent with the rule of law and international human rights law, including freedom of expression.

    • Encourage media outlets to apply ethical standards when depicting terrorist events online, to avoid amplifying terrorist and violent extremist content.

    BANKS AND ECONOMICS:

    RBI plans to achieve a highly digital and cash lite society.

    • Reserve Bank of India on May 15 released a vision document, 'Payment and Settlement Systems in India: Vision 2019 - 2021', with its core theme of Empowering Exceptional (E) payment Experience that aims to achieve a highly digital and cash-lite society.

    • RBI targets to:

    • Increase digital payment transaction of GDP by 15%

    • Increase payment system operators

    • fourfold increase in digital transactions

    • increase debit card transactions by 35%

    • increase total card acceptance infrastructure to six times

    • Reduce currency in circulation with no specific target

    • Reduce the volume of cheque-based payments to less than 2%

    • Reduce pricing of electronic payment services by at least 100 basis points

    • Improve the security of digital payment systems

    • Facilitate mobile-based payment transactions

    • To achieve these objectives, the RBI outlined specific actions to take over the next two years. Some of these include:

    • Set up self-regulatory bodies for payment system operators, develop feature phone-based payment services to complement smartphone-based services and develop offline payment solutions and USSD-based payment solutions

    • Improve interoperability and build capability to process transactions of one system in another and explore the adoption of newer technologies, including distributed ledger technology for enhancement of digital payment services.

    • Encourage standing instructions for payment transactions and Push contact-less payments and tokenization.  It plans to improve the use of bill discounting systems or TReDs and increase coverage of the cheque truncation system.

    • Current RBI's Policy rates and Reserve ratios:

    Bank Rate: 6.25%

    Repo Rate: 6.00%

    Reverse Repo Rate: 5.75%

    Cash Reserve Ratio: 4%

    Statutory Liquidity Ratio: 19.00%

    HDFC collaborated with IMGC for a mortgage guarantee-backed home loan.

    • HDFC Bank collaborated with IMGC (India Mortgage Guarantee Corporation) for a mortgage guarantee-backed home loan.

    • Mortgage guarantee is a financial product which compensates lending institutions for the losses that may occur when a home owner defaults on a mortgage loan.

    In ‘mortgage guarantee’, the risk of the home loan gets transmuted from the bank/FIs (financial institution) to the mortgage guarantee company.

    • This collaboration will help HDFC provide more loan to a home loan customer on an improved eligibility.

    The main objective of the collaboration is to address middle age-salaried customers, self employed customers and young salaried customers.

    About HDFC Bank

    Industry -Banking, financial services

    Founded - August 1994

    Headquarters - Mumbai, Maharashtra, India

    About India Mortgage Guarantee Corporation:

    • India’s first Mortgage Guarantee Company, India Mortgage Guarantee Corporation (IMGC) is a joint venture that combines the developmental mandate of National Housing Bank (NHB), the technical expertise of Genworth Financial, and the resources of International Finance Corporation (IFC) & Asian Development Bank (ADB).

    • IMGC has come into being with a vision to make early home ownership a real possibility through the provision of Mortgage Guarantee.

    APPOINTMENTS AND RESIGNATIONS:

    Himalaya Men announces Kohli & Pant as brand ambassadors.

    • Himalaya Men announced Virat Kohli, captain of the Indian cricket team, and Rishabh Pant, "ICC Emerging Player of the Year 2018", as the official brand ambassadors for Himalaya Men Face-Wash range. Commenting on the association,

    About Himalaya :

    • The Himalaya Drug Company is an Indian company established by M Manal in 1930 and based in Bangalore, India. I

    • t produces health care products under the name Himalaya Herbal Healthcare whose products include ayurvedic ingredients.

    IPS officer Deven Bharti to head Maharashtra Anti-Terrorism Squad.

    • The Maharashtra government on Wednesday appointed senior IPS officer Deven Bharti as the chief of the state's Anti-Terrorism Squad (ATS). Bharti, a 1994-batch IPS officer, has investigated several high-profile cases including the 26/11 Mumbai terror attacks and the murder of senior crime journalist J Dey. He is also known for his crackdown on terror outfit Indian Mujahideen.

    About Anti-Terrorism squad:

    • Anti-Terrorism Squad. The Anti-Terrorism Squad(ATS) is a special police force in several states of India including Maharashtra, Gujarat, Kerala, Uttar Pradesh, Rajasthan and Bihar.

    • In Maharashtra it is headed by senior of the Indian Police Service. The squad has stopped several terrorist attacks in the country.

    OBITUARIES:

    Former Australian Prime Minister Bob Hawke dies aged 89.

    • Former Australian Prime Minister Bob Hawke passed away on Thursday at the age of 89, his wife Blanche d'Alpuget said in a statement. Hawke, who served as Australia's Prime Minister from 1983 to 1991, was the country's third longest-serving leader after Robert Menzies and John Howard. Hawke is survived by his wife and his four children.

    About Bob Hawke:

    • Robert James Lee Hawke, AC, GCL was an Australian politician who was the 23rd Prime Minister of Australia and the Leader of the Labor Party from 1983 to 1991.

    • He was the longest-serving Labor Party Prime Minister. Hawke was born in South Australia but moved to Western Australia as a child.

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    Important Current Affairs of 13th May

    National 

    Short film 'Kamali' on 9-yr-old TN skateboarder qualifies for Oscars.

    • 'Kamali', a short film on Tamil Nadu's nine-year-old skateboarder girl Kamali Moorthy, has qualified for the 2020 Academy Awards shortlist.

    • The 24-minute film directed by filmmaker Sasha Rainbow from New Zealand won the Best Documentary Short at Atlanta Film Festival in April.

    •  Born in a fishermen colony, Kamali has toured across India with professional skateboarding teams to promote the sport.

    Reliance Industries moves registered offices of five subsidiaries to Gujarat.

    • Reliance Industries (RIL) has moved registered offices of five of its subsidiaries — four telecom and one investment arm — to Ahmedabad, Gujarat, over the last one year.

    • The telecom subsidiaries include — Reliance Jio Messaging Services Ltd, Reliance Jio Infratel Private Ltd, Reliance Jio Infocomm Ltd, and Reliance Jio Digital Services Ltd. The registered office of the investment arm Reliance Industrial Investments and Holdings Ltd (RIIHL), which serves as a vehicle to invest in various business ventures of RIL, has also been moved to Gujarat. Prior to the shift, all these companies had their registered offices in Mumbai.

    China may route its commercial presence in India through Bay of Bengal.

    • India’s outreach to the East and an escalating trade war between China and the United States is helping to turn the Bay of Bengal coastline into a new and attractive growth engine.

    • In the backdrop of Shanghai, Guangzhou and Shenzhen — coastal cities which propelled China’s rise as the workshop-of-the world — India too appears to be stepping up its game of coast based manufacturing, focusing intensely on its eastern shores.

    INTERNATIONAL:

    Chinese navy launches two new guided missile destroyers.

    •  China, which is developing its navy at a feverish pace, has commissioned two more guided missile destroyers taking the total of such warships to 20 with more in the pipeline, state-media reported on Monday.

    • Two Type 052D guided missile destroyers were launched last Friday in Dalian, a coastal city, state-run Global Times reported.

    • Their commissioning marked the 19th and 20th of launches of their kind, the report said and quoted Chinese analysts as saying that plans are afoot to build more guided missile destroyers.

    APPOINTMENTS AND RESIGNATIONS:

    Sanjiv Puri becomes CMD of ITC.

    • ITC Managing Director Sanjiv Puri has been appointed as the chairman by the Board of Directors. His new designation will now be chairman and managing director, the company said in a stock exchange filing.

    • Company chairman Yogesh Chander Deveshwar passed away on May 11.

    • Mr. Puri (56) has been the Managing Director since 2018. He was appointed on the board in December 2015 and as the CEO in February 2017.

    SPORTS:

    Mane, Salah, Aubameyang share PL Golden Boot award.

    • Liverpool's Sadio Mane, Mohamed Salah and Arsenal's Pierre-Emerick Aubameyang shared the Premier League Golden Boot award after they all ended up with 22 goals.

    • The 22-goal winning mark was the lowest since the 2010-11 season when Manchester United's Dimitar Berbatov and Manchester City's Carlos Tevez shared the Golden Boot with 20 goals apiece.

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    Important Current Affairs 12th May 2019

    INTERNATIONAL:

    Hinduja brothers named UK's wealthiest people for third time.

    • The Hinduja brothers have been named the UK's wealthiest people for the third time, according to Sunday Times Rich List. Sri and Gopi Hinduja saw their wealth increase by £1.35 billion from last year to £22 billion (around ₹2 lakh crore). The Hinduja Group was founded in Mumbai in 1914 and operates in fields including oil, banking, IT and property.

    Elon Musk's brain tech startup Neuralink raises $39 million.

    • Neuralink, an American neurotechnology startup co-founded by Elon Musk, has raised $39 million of a planned $51 million funding round, Bloomberg said quoting a filing with the SEC. As per its LinkedIn, Neuralink is developing ultra-high bandwidth brain-machine interfaces to connect humans and computers. Notably, billionaire Elon Musk is the CEO of Tesla and SpaceX.

    AGREEMENTS AND MOUS:

    India to sign pact with Mongolia to built its first petrochemical refinery.

    • India and Mongolia are expected to sign an agreement this week for the construction of Mongolia’s first petrochemical refinery that is expected to cut some of its dependence on Russian fuel. When signed, the project will be the largest being undertaken by the government of India under its Lines of Credit programme, two people familiar with the matter said on Sunday.

    • The petrochemical refinery -- near Sainshand in southern Dornogovi province -- is to be built at an approximate cost of $1.25 billion utilising the $1 billion line of credit announced during Prime Minister Narendra Modi’s visit to Ulan Bator in 2015. It is expected to be completed by 2022.

    BANKS AND ECONOMICS:

    RBI proposes app to help visually challenged identify notes.

    • The RBI has proposed to introduce a mobile application to help visually challenged citizens identify Indian currency notes, and has invited bids from technology firms for the same. The application should be searchable via voice option in all app stores, it said. Currently, intaglio printing-based identification marks on banknotes of ₹100 and above help the visually challenged recognise currency.

    APPOINTMENTS AND RESIGNATIONS:

    Emirates Chief Commercial Officer resigns after profit falls.

    • Emirates Chief Commercial Officer Thierry Antinori has resigned, a company spokesperson said on Sunday, days after the Gulf airline announced its weakest profit in a decade. Emirates posted a 69% fall in 2018-19 profit amid rising fuel costs and slow passenger growth. Antinori, who joined Emirates in 2011, was responsible for commercial operations, the frequent flyer program and cargo division.

    DAYS:

    International Nurses Day is celebrated on 12 May.

    • International Nurses Day (IND) is an international day observed around the world on 12 May of each year, to mark the contributions that nurses make to society. It was first observed in 1965.

    • ICN commemorates this important day each year with the production and distribution of the International Nurses' Day (IND) resources and evidence. The theme for the year 2019 is "Nurses: A voice to lead - Health for All".

    SPORTS:

    Man City win their 4th PL title as title race goes till last day.

    • Manchester City clinched their fourth Premier League title after winning the 2018/2019 season on the last day of the league that started on August 11, 2018. Manchester City registered a 4-1 victory against Brighton to accumulate 98 points in 38 matches with 32 victories, while Liverpool, who were also in the title race till today, finished second with 97 points.

    Lewis Hamilton wins Spanish Grand Prix, Bottas finishes second.

    • Mercedes' British driver Lewis Hamilton clinched the title at the Spanish Grand Prix, also winning the extra point for the fastest lap at the race on Sunday. The race saw Mercedes' Valtteri Bottas finish second in the race, with Red Bull's Max Verstappen finishing in the third spot. This was the fifth straight 1-2 finish for Mercedes.

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    Important Current Affairs of 9th May

    NATIONAL:

    IIT Bombay researchers developed first indigenous microprocessor AJIT.

    • Engineers from the Indian Institute of Technology Bombay (IIT Bombay) have developed a microprocessor called AJIT which could reduce the country’s dependence on imports. It is the first to be conceptualised, designed, developed and manufactured in India.

    • The project was funded by the Ministry of Electronics and Information Technology (MeitY) and IIT Bombay. Powai Labs, a Mumbai-based company, has invested in the venture. It will own, market and support the product.

    India’s electronics market is expected to reach $400 billion by 2020. Most of the electronic devices that are used are imported and only a quarter of the devices are produced in the country.

    Noida-based edtech startup Classplus raises 11 crore.

    • Noida-based edtech startup Classplus has raised around Rs.11 crore in pre-Series A funding led by Times Internet and GREE Ventures.

    • Japanese VC firm Spiral Ventures and existing investor, Netherlands-based Rising Stars Fund also participated in the funding round.

    • Classplus, launched as XPrep in 2015, was founded by Mukul Rustagi, Bhaswat Agarwal, Bikash Dash and Vatsal Rustagi.

    AGREEMENTS AND MOU’s:

    India takes part in naval drill in S China Sea claimed by China.

    • India, Japan, the US and the Philippines held naval drills in the South China Sea, nearly 90% of which is claimed by China.

    • India deployed a destroyer, the INS Kolkata, and a tanker, the INS Shakti, in the nearly week-long multilateral drill, the US Navy said. Southeast Asian nations including Vietnam and Malaysia also lay claims over the sea.

    BANKS AND ECONOMICS:

    Reliance Industries loses 96,000 crore market value in four days.

    • Shares of Mukesh Ambani-led Reliance Industries have fallen nearly 11% in the last four sessions, erasing about 96,000 crore in market value.

    • With this fall in Reliance shares, Tata Consultancy Services has overtaken the company to become India's most valued firm with a market capitalisation of 8.14 lakh crore. Reliance's market cap stood at Rs.7.96 lakh crore.

    ED probes Etihad investment in Jet Privilege.

    • The ED is reportedly probing Etihad Airways' investment in Jet Airways' frequent-flyer programme, Jet Privilege.

    • The agency is investigating whether Foreign Direct Investment (FDI) norms were violated when the Abu Dhabi-based carrier took a stake in the programme, reports said.

    • Queries raised by the erstwhile FIPB to both the airlines immediately after the deal had gone unanswered, reports added.

    APPOINTMENTS AND RESIGNATIONS:

    Rakesh Sharma, Bajaj Auto Executive Director elected as IMMA Vice-President.

    • Rakesh Sharma, Bajaj Auto Executive Director and also a representative of SIAM (Society of Indian Automobile Manufacturers) elected as VP (Vice President) of IMMA, International Motorcycle Manufacturers Association (based in Geneva) during the annual general meeting of (IMMA) at Yogyakarta in Indonesia.

    • Rakesh Sharma has a wide range of experience in 2 and 3-wheeler industry and he is expected to efficiently direct IMMA towards being the trusted motorcycle manufacturers worldwide.

    • IMMA’s president is Johannes Loman.

    Indias Jagjit Pavadia re-elected to the International Narcotics Control Board(INCB).

    • Jagjit Pavadia, an Indian re-elected by the UN Economic and Social Council to a five year term on International Narcotics Control Board with the highest number of votes of 44 in the 54 member council.

    • She will begin her term on March 2, next year.

    • She was elected to the INCB for her first five year term in 2014. She has also served as the First Vice-President of the Board in 2016 and Chair of the Standing Committee on Estimates in 2015 and 2017.

    DAYS:

    World Thalassaemia Day was observed on 8th May.

    • 8th May is observed as World Thalassaemia Day globally every year. The theme for 2019 was Universal access to quality thalassaemia healthcare services: Building bridges with and for the patient.

    The day is observed to raise awareness about thalassaemia, its prevention, and measures to avoid its transmission among people throughout the world. It is observed in honour of all patients suffering and fighting from thalassaemia and also all scientists working hard to provide improved quality of life to people suffering with it.

    • Thalassemia:

    Thalassemias are inherited blood disorders characterized by abnormal hemoglobin production.

    Since it is an inheritable disease so cannot be prevented completely however, it can be lessened through the prenatal tests which helps in the early detection and cure before the childbirth.

    There are two main types:

    1.         Alpha thalassemia

    2.         Beta thalassemia

    Symptoms depend on the type and can vary from none to severe.

    • Often there is mild to severe anemia (low red blood cells).

    • There may also be bone problems, an enlarged spleen, yellowish skin, and dark urine.

    • Slow growth may occur in children.

    Treatments include blood transfusions, iron chelation, and folic acid.

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