NATIONAL
UPDATES:
1. Meghalaya: GSI North Eastern Region installed
geological display boards at Mawmluh cave, Therriaghat: In Meghalaya, the Geological Survey of India (GSI)
North Eastern Region (NER) installed two geological display boards at two important
geological sites in the State with geo-scientific information which will help
in creating awareness among visiting tourists, students and the general public.
The boards are unveiled at Mawmluh cave and Therriaghat, Sobhar in East Khasi
Hill District. Mawmluh cave made headlines earlier as high resolution stable
isotopic studies of the stalagmites from the cave have shown that there was a
major climatic event about 4200 years ago. The Um-Sohryngkew (Wahrew) river
section at Therriaghat is known for having the most complete records of the
Cretaceous-Palaeogene (K-Pg) boundary transition in India.
INTERNATIONAL
UPDATES:
1. UN Designates JeM Chief Masood Azhar As Global
Terrorist: In a huge diplomatic win
for India, the United Nations Security Council designated Pakistan-based
Jaish-e-Mohammed chief Masood Azhar as a global terrorist after China
lifted its hold on a proposal to blacklist him under the Security Council’s
Sanctions Committee. The announcement was made by India's Ambassador and
Permanent Representative to UN, Syed Akbaruddin.
2. World Tuna Day: 2nd May: The United
Nations (UN) established World Tuna Day on May 2 to raise awareness
about the importance of tuna and to promote more sustainable fishing
practices. It was observed for the first time in 2017.
OTHER
UPDATES:
SPORTS
1. Apurvi Chandela Ranks World Number 1 in Women's 10
m Air Rifle Event: Indian shooting
ace Apurvi Chandela (fro Jaipur) has been ranked the world
number one in the women's 10 metres air rifle event while
compatriot Anjum Moudgil rose to number two after
consistent performances.
2. Kumar Sangakkara Named as 1st Non-British President
of MCC: Former Sri Lanka captain
Kumar Sangakkara has been named as the next President of Marylebone
Cricket Club (MCC), becoming the first non-British President of the
club. Sangakkara will take up the post on October 1 and will serve for a
period of one year. In 2012, Sangakkara was awarded Honorary Life Membership of
the Club.
3. Isac Doru appointed as AIFF technical director: Romania's Isac Doru (56-year) has been appointed as
the new technical director for the Indian football team. Isac will take over
the role from interim technical director Savio Madeira. Mr. Doru comes with a
rich experience of almost 29 years in international football across several
countries including France, Japan, USA, Romania, Saudi Arabia, and Qatar
amongst others
4. Shreyas Gopal claims a hat-trick in the
five-over-a-side game in IPL-2019: Rajasthan
Royals leg-spinner Shreyas Gopal (25-years) had claimed the hat-trick in the
Indian Premier League (IPL)- 2019 against Royal Challengers Bangalore at the M
Chinnaswamy Stadium in Bengaluru. He dismissed Bangalore's Virat Kohli (25), AB
de Villiers (10) and Marcus Stoinis (0) to achieve the feat. Gopal's hat-trick
is the 19th instance of a bowler registering a hat-trick in the IPL history. Kings
XI Punjab's Sam Curran claimed the first hat-trick of the Indian
Premier League (IPL)-2019 season.
BANKING AND FINANCE
1. State Bank of India Links Interest Rates to RBI's
Repo Rate: India's largest bank State
Bank of India has moved to a new interest rate regime on large savings
account deposits as well as short-term loans. Earlier, SBI had announced
that it will link its interest rate on savings account with a balance
above Rs1 lakh and short-term loans like overdraft and cash credit
facility to Reserve Bank of India's repo rate, effective 1 May 2019.
2. LIC HFL launches Udyam Centre in Bengaluru: LIC Housing Finance (LIC HFL) has launched
‘Udyam’, a skilling center in Bengaluru. It was launched in association
with Lok Bharti Education Society, the implementing partner. The
Centres of Excellence will provide training to marginalised youth in the BFSI,
retail, and IT/ ITES sectors. LIC HFL MD and CEO: Vinay Sah.
3. SEBI Fines NSE Over Rs 625 crore in
Co-location Scam: The Securities and
Exchange Board of India (SEBI) declared the National Stock Exchange (NSE),
India’s largest equity bourse, guilty of not exercising due diligence in the
co-location scam. The exchange has been asked to pay a fine of ₹625 crore
plus 12 per cent (for five years) interest. SEBI has been probing alleged
lapses in high-frequency trading offered through NSE’s co-location
facility. Two former chief executive officers, Ravi Narain and Chitra
Ramkrishna have been asked to disgorge 25% of respective salaries drawn during
a certain period. According to the order, the exchange has also been prohibited
from accessing the securities market directly or indirectly for six months.
4. CBDT and GSTN sign pact to nab evaders, reduce
black money generation:
The income tax department and Goods and Services Tax Network (GSTN)
signed an agreement to facilitate the exchange of data to nab tax evaders and
reduce black money generation. The move will allow the I-T department to verify
the information filed by businesses in income tax returns, compared to the
annual GST returns. Both sides will decide on the modalities for “automatic”,
“spontaneous” and “request based” exchange of data. The I-T department will
share key financial information, including the status of I-T return filings,
turnover of the business, gross total income, and turnover ratio among others
with GSTN.
BUSINESS AND ECONOMY
1. Netherlands Becomes the Third Largest Foreign
Direct Investor in India: The Netherlands has
emerged as the third largest foreign direct investor in India
during 2017-18, with investments pegged at about $2.67
billion across sectors. The Netherlands was also
the second largest destination for foreign investment by Indian
companies, after Singapore, with investments worth $12.8 billion
in 2017.
2. BSE Appoints First Independent Woman Director
Jayshree Vyas To board: BSE, formerly
known as the Bombay Stock Exchange, has appointed its first independent woman
director Jayshree Vyas. Vyas is a professionally-qualified chartered
accountant, working as the managing director of Shree Mahila Sewa Sahakari
Bank, Ahmedabad, since 1986. Already has two non-executive women
directors namely Usha Sangwan and Rajeshree Sabnavis on its Board. BSE MD &
CEO: Ashish kumar Chauhan.
AWARDS AND HONOURS
1. Goldman Environmental Prize Conferred On 6
Environmental Activists:
Six grassroots environmental activists received the
prestigious Goldman Environmental Prize. Known as the Green
Nobel Prize, the Goldman Prize honors environmental activists from each of
the six continental regions. The winners of the award are- Alfred
Brownell, Liberia; Bayarjargal Agvaantseren, Mongolia; Ana Colovic Lesoska,
North Macedonia; Jacqueline Evans, Cook Islands
Alberto Curamil, Chile; Linda
Garcia, United States.
2. Drake Sets Record with Most Wins at Billboard
Awards: Rapper Drake set a
record with the most wins ever, taking home 12honours at the Billboard
Music Awards. Drake surpassed singer Taylor Swift to become the top
award recipient in the Billboard Music Awards history. He won 12 awards,
bringing his career total to 27. Swift has won 23 Billboard Music Awards.
Drake won the top artist and top Billboard 200 album, among others.
DEFENCE
1. Air Marshal Rakesh K S Bhadauria
appointed as new Vice Chief of Air Staff: On May 1, Air Marshal Rakesh Kumar Singh Bhadauria take
over as Vice Chief of Indian Air Force, after superannuation of incumbent Air
Marshal Anil Khosla. Post induction he will be looking after all air operations
being carried out by force.
OBITUARIES
1. Kannada Theatre Personality Master Hirannaiah
Passes Away: Noted Kannada theatre
personality, satirist and TV actor Master Hirannaiah has passed
away. He was 85 years old. Narasimha Murthy hailing from Mysuru was
the son of another theatre thespian K. Hirannaiah. Making his debut on the
stage as a child, he went by the stage name Master Hirannaiah, a name that
stuck with him forever.
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