NATIONAL UPDATES:
1. Justice A K Sikri inaugurates Indian Dispute
Resolution Centre: Former
Supreme Court judge Justice, A K Sikri has inaugurated the Indian Dispute
Resolution Centre (IDRC) in New Delhi through video conferencing. IDRC will
provide a paperless dispute resolution environment through its sophisticated
e-arbitration, e-meditation, and e-conciliation software portal with offline
and online facilities. The arbitration panel of IDRC will have former judges of
SC, HC, district courts, senior advocates, former bureaucrats, CA, architects,
corporate leaders.
Note: Chairman of IDRC: Mehar S Rathi; Head
Office of IDRC: New Delhi.
2.
Indian Navy formed “NavRakshak” breathable PPE kit: Indian Navy has
formed “NavRakshak” PPE kit with innovative breathable fabric material. This
PPE kit provides comfort to healthcare workers working against COVID-19
pandemic wearing multi-layered coverall PPE treating patients within the hot
and humid condition for quite 12 hours.
Note: Chief of Naval Staff: Admiral
Karambir Singh.
3.
REC Limited ties up with TajSATS to provide nutritious meals to frontline
healthcare workers: REC
Limited, a central PSU under Ministry of Power, has started a new mission to
feed the medical staff in key government hospitals as well as poor daily wage
labourers across the nation, through collaborative efforts. The REC Foundation,
the CSR arm of REC Limited, has partnered with TajSATS to distribute
specially-made nutritious meal packets for medical staff in Safdarjung
Hospital, New Delhi. Apart from this, REC in collaboration with various
district authorities, NGOs and electricity distribution companies (DISCOMS) is
already providing cooked meals and ration to the needy across the nation.
18,000 food packets will be delivered every day under this initiative. As of 24
May 2020, the corporation has distributed around 4.58 lacs Kilograms of food
grains, 1.26 lac meal packets, 9600 litres of sanitizers, 3400 PPE kits and
83000 masks.
Note: REC Limited (formerly Rural
Electrification Corporation Limited) is a Navratna NBFC focusing on Power
Sector Financing and Development across India. It finances and promotes rural
electrification projects across India. TajSATS is a joint venture of The Indian
Hotels Company Limited (IHCL) and SATS Limited. It is India’s undisputed leader
in airline catering with over 42 years of experience.
4. MP
launches 'Everybody will get employment' scheme: Madhya Pradesh CM
Shivraj Singh Chouhan inaugurates 'Everybody will get employment' scheme
through video conferencing. MNREGA job cards will be distributed to the
labourers under this scheme. In this, migrant labours of the state will be
employed in their village and gram Panchayat area itself with various
employment oriented. A per the report, 35,45,000 have already been employed
under MNREGA during Corona crisis with 42.2% women.
5.
Uttar Pradesh Government to Introduce ‘Startups’ as a Subject in Colleges &
Universities: Chief
Minister Yogi Adityanath led Uttar Pradesh government has planned to introduce
‘startups’as a subject in colleges and universities to have more young
entrepreneurs in the state. This is an effort of the government to make the
youths job providers and not just be job-seekers. The government is also set to
introduce a new policy under which students in the final year of their graduate
and post-graduate courses will get one-year study leave. Students can undertake
internships during study leave, and will also get an allowance of Rs 2,500 per
month during internship period
6.
New domicile rules notified by Jammu and Kashmir Administration: Jammu and Kashmir
Administration has come up with new set of domicile rules to undo injustice
done for 70 years. The new rules are framed with the principle of equality and
the norms of a healthy democracy. Under this, people belonging to West
Pakistan, Valmikis, women marrying outside communities, non-registered Kashmiri
migrants and displaced people will get domicile.
7.
CeNS develops face mask for longer hours use: Centre for Nano and
Soft Matter Sciences (CeNS) has developed a cup-shaped design (patent filed)
comfortable mask. It has been transferred for mass production to a Bangalore
based company. This mask causes no speech distortion, no fogging on glasses,
and packs well all around, leaving practically no room for leakage while
breathing. It has high breathability quality with triboelectric nature of the
fabric and can be used for longer hours without any difficulty.
8.
Salman Khan Launches his new Grooming & Personal Care Brand FRSH!: Bollywood actor
Salman Khan has announced the launch of his own grooming and personal care
brand named FRSH. The brand has been co-created by Scentials Beauty Care and
Wellness Pvt. Ltd, a beauty brand co-founded by former tennis professional
Mahesh Bhupathi. The first product launched under the brand is a sanitiser,
considering the importance of hygiene and sanitisation during the coronavirus
pandemic. Other products like deodorants, body wipes and perfumes will also be
launched soon. These products can be purchased from http://frshworld.com. They will also be
available at various stores across the country once the supply begins.
INTERNATIONAL UPDATES:
1.
India sets up military war game centre for Ugandan Defence forces: Indian Association
in Uganda along with Indian Military training team sets up a military war game
centre in Jinja district for Uganda Peoples Defence Forces (UPDF). The war game
centre is named as 'INDIA'. It is a type of strategic game that simulates
warfare realistically as opposed to abstract strategy games like chess. The
state of the art military training facility was handover by the Indian
Association Uganda (IAU), in association with the Indian Military Advisory and
Training Team to the UPDF. Gen. Yoweri Kaguta Museveni, President of the
Republic of Uganda inaugurated the war game centre INDIA. It has been
constructed with an amount of 1 billion Ugandan Shillings ($265,000) funded by
voluntary contributions from Ugandans of Indian origin.
2.
World Steel Report released by World Steel Association: World Steel Report
has been released by World Steel Association depicting 64 countries crude steel
production. The crude steel output of India declined over 65% to 3.13 million
tonnes (MT) during April 2020 according to the report of World Steel
Association (WSA). India had produced 9.02 MT of crude steel in April 2019.
Similarly, India saw 14% decline in steel output at 8.65 MT in March 2020 as
compared with 10.04 MT in March 2019. At the same time, the global steel output
also declined 13% to 137.09 MT in April 2020 as compared with 157.67 MT in
April 2019. The nationwide lockdown imposed to prevent spread of the
coronavirus pandemic has impacted the production, demand and supply of steel in
India.
World Steel Association (WSA) headquarter-
Brussels, Belgium
3.
Israel's PM goes on trial for corruption: Benjamin Netanyahu will become the
1st serving Israeli prime minister to face criminal prosecution in a political
witch-hunt case. His corruption trial will be held in a Jerusalem court by 3
judge panel. He was sworn as PM of Israel for 5th consecutive term. He is
charged on bribery, fraud, and breach of trust charges in 3 cases involving gifts
from millionaire friends and for allegedly seeking regulatory favours for media
tycoons in return for favourable coverage.
4. US
Navy successfully tests laser weapon that can destroy aircraft midflight: US Navy warship has
successfully tested high direct energy laser weapon that can destroy aircraft
mid-flight in Pacific Ocean. The laser weapons system demonstrator (LWSD) will
provide defence against drones or armed small boats. It is an electromagnetic
systems capable of converting chemical or electrical energy to radiated energy
and focusing it on a target, resulting in physical damage that degrades,
neutralizes, defeats, or destroys an adversarial capability.
OTHER UPDATES:
SPORTS
1.
Italy beat Serbia to win the inaugural UEFA eEURO 2020: Italy has won UEFA
eEURO 2020, beating Serbia in the final to clinch the inaugural virtual
European Championship. Italy emerged triumphant by defeating Serbia 3-1 in the
best-of-five series. The UEFA EURO 2020 eTournament was the biggest ever
national team efootball competition, featuring all 55 UEFA national
associations. The virtual tournament was played exclusively on Konami’s
efootball PES 2020 on Playstation 4. The format of the tournament was similar
to the template for UEFA EURO 2020, involving a qualification phase and
culminating in the final tournament.
2. US
Tennis Star Jamie Hampton Announces Retirement:
American
tennis player and former world number 24 Jamie Hampton has officially announced
her retirement from professional tennis, bringing a sudden halt to her career.
She last played an official match six years ago. The 30-year-old has suffered
numerous injuries and surgeries in the last 5 years, after reaching a
career-high ranking of World No.24 in July 2013.
BANKING AND FINANCE
1.
Airtel group ties up with Mastercard for customized products for farmers, SMEs:
Airtel
Payments Bank (APBL) has partnered with Mastercard to develop customized
products for the underbanked spectrum including farmers, small and medium
enterprises (SMEs), and retail customers. The collaboration aims at building a
digital platform which provides farmers with knowledge about advanced farming
techniques and connection to marketplaces, while simultaneously enabling them
to receive payments directly in their Airtel Payments Bank account. The tie-up
will bring together Mastercard’s global and local experience in developing
advanced financial solutions and Airtel Payments Bank’s strong distribution
network to reach the last mile and its large customer base.
BUSINESS AND ECONOMY
1.
India’s GDP for FY21 to contract 5%: Crisil: The research and rating agency
CRISIL has revised its forecast downwards again and expects Indian economy to
contract 5 percent in fiscal 2020-21. This was 1.8 percent in last prediction.
This means India’s GDP growth for FY21 has been estimated to be -5%. Extension
in lockdown, higher economic costs and an economic package are the three basic
reasons for the downward revision. It also said that the pre-Covid-19 gross
domestic product (GDP) rate in India will not be possible for the next three
fiscals.
OBITUARIES
1.
Bollywood actor Mohit Baghel passes away: Actor Mohit Baghel, best known for
playing Amar Chaudhary in superstar Salman Khan’s Ready, has died of cancer in
his hometown Mathura, Uttar Pradesh. He was 26. He began his career with the
comedy show “Chote Miyaan”. The actor has also appeared in Sidharth Malhotra
and Parineeti Chopra starrer “Jabariya Jodi”. He had recently finished shooting
another film with Sidharth Malhotra. He was also a part of the cast of the
upcoming film “Bunty Aur Babli 2”.
2.
Former Inter Milan coach Gigi Simoni passes away: Former coach of
the Italian professional football club ‘Inter Milan’ Gigi Simoni has passed
away at the age of 81. As a player, Simoni played as an attacking midfielder
for Mantova, Napoli, Torino, Juventus, Brescia and Genoa from 1959-1974. In
1998, he received the Panchina d’Oro as the best Italian coach.
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