NATIONAL UPDATES:
1. Survey
Report on Data Governance Quality Index:
According to the Data Governance Quality Index for 2022-2023 Q3, conducted by
DMEO, NITI Aayog, the Ministry of Ports, Shipping and Waterways has secured the
second position among 66 ministries. The Ministry has achieved an impressive
score of 4.7 out of 5. Aim of the survey: To measure the maturity level of
administrative data systems and their use in the decision-making of various
Ministries and Departments on the implementation of Centrally Sponsored Schemes
(CSS).
2. Kerala becomes first state to have Drone Surveillance
in all police districts: Kerala has
become the first state in the country to have a drone surveillance
system in all police districts in the state. Chief Minister Pinarayi Vijayan
distributed the drones to all police districts and the drone pilot licences to
the specially trained drone pilots. He also launched indigenously developed
anti-drone software on the occasion. Kerala has been at the forefront of
modernization of the police force and that since the use of drones has
increased in society, the development of an anti-drone system is also
important.
3. Mumbai to host first mining start-up Summit: The first mining start-up summit will be
held on 29th May in Mumbai to encourage the participation of
start-ups in the mineral and mining sector. Start-ups in the fields of
exploration, virtual reality, automation, drone technology, and consultancy will
participate in it. The summit will mainly focus on innovation and techniques
that will support and improve performance, safety, and help in building
autonomy in the field of mining and metallurgy. It will also be focusing on
interaction with leading industries in the mineral exploration sector,
financial institutions, and banks. The students and young professionals working
in the fields of exploration, virtual reality, automation, drone technology,
and consultancy will also be benefited from the event.
4. ICMR signs MoU with AYUSH Ministry for health research
in Integrated Medicine: Indian Council of Medical Research (ICMR) has signed an MoU
with AYUSH Ministry for collaborative and cooperative momentum on
health research in the field of Integrated Medicine. This move will help
Ayush departments in All India Institute of Medical Sciences (AIIMS) evolve
into departments of Integrated Medicine across the entire AIIMS infrastructure
in India. The MoU will focus on identified areas of national importance in
healthcare, promoting high-impact research to generate evidence utilizing
modern scientific methods. The cooperation will also strengthen research
capacity through the training of Ayush researchers.
5. Congress wins clear majority in Karnataka Assembly
Elections 2023: Indian National
Congress has won a clear majority in Karnataka Assembly Elections. According
to the Election Commission of India, Congress has won 135 seats out of a
total 224 Assembly seats. A party requires to won 113 seats for forming the
government as it is the majority mark. The ruling BJP bagged 65 seats. JD(S)
has come third winning 19 seats while others have won 4 seats. Outgoing Chief
Minister Basavaraj Bommai wins Shiggaon seat beating Congress candidate Pathan
Yasir Ahmed Khan by nearly 36 thousand votes. Former Chief Minister Jagadish
Shettar, who joined Congress before the elections, was defeated from Hubbali –
Dharwad Central seat by BJP candidate by a margin of over 34,000 votes.
6. Rajiv Dhar appoints as interim CEO & MD of NIIF: Rajiv Dhar has been appointed as
interim Managing Director and CEO of the National Investment and
Infrastructure Fund (NIIF). He succeeds Sujoy Bose who is leaving after holding
the position since 2016. Dhar is currently executive director and chief
operating officer at NIIF, a collaborative investment platform anchored by the
government for international and Indian investors. Dhar, with more than 30
years of experience, has been a critical member of the NIIFL leadership team
since 2017. During this period, he oversaw some key achievements of the
company. He served on the investment committee for all funds managed by NIIFL.
INTERNATIONAL UPDATES:
1. Geeta
Rao Gupta appointed as Ambassador at Large for Global Women's Issues: Indian American Geeta Rao Gupta has been confirmed by the US Senate as
the Ambassador at Large for Global Women's Issues in the State Department. She
was confirmed by the US Senate by 51 to 47 votes. Prior to this, she has worked
as the Executive Director of the UN Foundation’s 3D Programme for Girls and
Women. She also advises the UNAIDS Global Coalition on Women and AIDS and is on
the boards of InterAction and the Moriah Fund.
2. SpaceX
partner aims to launch commercial space station: Space
startup, Vast is aiming to launch a school bus-sized space station to orbit by
late 2025 in association with Elon Musk’s rocket firm, SpaceX.The cylindrical
spacecraft dubbed Haven-1 is the latest platform planned as a replacement for
the International Space Station (ISS). The ISS is expected to retire in 2030. In
2021, NASA awarded $415 million in development funds to four companies
including Northrop Grumman and Blue Origin.
3. World
Migratory Bird Day 2023: May 13: World Migratory Bird Day
is observed twice a year on the second Saturday of May and October. Aim: To
promote the conservation of migratory birds and raise awareness about their
significance In 2023, May 13 marks the celebration of World Migratory Bird Day.
2023 theme: Water and its importance for Migratory Bird World Migratory Bird
Day 2023 will be officially held on 13 May and 14 October. It is a worldwide
initiative launched in 2006 by the AEWA and CMS Secretariats.
4. 5th
edition of Global Ayurveda Festival: The
fifth edition of the Global Ayurveda Festival (Gaf 2023) will be held in
Thiruvananthapuram, Kerala from December 1 to 5. The theme of the event is
‘Emerging Challenges in Healthcare & A Resurgent Ayurveda’. Aim: To bring
together Ayurveda practitioners and stakeholders from around the world to
showcase Ayurveda’s potential in addressing health challenges The event will
also feature over 750 research papers and 750 poster presentations on the
sidelines.
5. Deepika Padukone appears on cover of TIME magazine: Bollywood star Deepika Padukone has been featured on
the latest cover of TIME magazine. The iconic American magazine described
Padukone as a ‘global star’ bringing ‘the world to Bollywood’. It had
previously named Padukone among its list of 100 most influential people in the
world in 2018. Deepika is called ‘the most popular actress in the world’s most
populous country’. On the cover, she is seen wearing a beige oversized suit and
no shoes.
6. Karthik Balagopalan appoints as new MD of Puma India: Sportswear retailer Puma has
appointed Karthik Balagopalan as the new Managing Director of
PUMA India. He will succeed Abhishek Ganguly, who worked for PUMA’s Indian
business for 17 years and has been the Managing Director of PUMA India since
2014. Balagopalan earlier served as Global Director Retail and e-commerce at
the company. Balagopalan has been with the company since 2006. Prior to leading
PUMA’s global DTC business, he held management positions in retail operations
and business development at Puma India. India has been one of the
fastest-growing markets for the brand.
OTHER UPDATES:
SPORTS
1. Yashasvi Jaiswal scores fastest IPL 50: Rajasthan Royals opener Yashasvi Jaiswal etched his name in history
by becoming the fastest fifty in the Indian Premier League 2023 against
Kolkata Knight Riders. Jaiswal created history by scoring 50 off just 13 balls,
surpassing KL Rahul’s 14-ball fifty in 2018. He also went past KKR’s Pat
Cummins, who scored a 14-ball fifty in 2022. Yashasvi hit three sixes and seven
fours in the first 50 runs.
2. Asian Kabaddi Championship to be held in South Korea: The Asian Kabaddi Championship
2023 is scheduled to be held in Busan, South Korea from June 27
to 30. The continental kabaddi event will be played after a hiatus of six
years. The last edition was held in Gorgan, Iran in 2017.
India
is the defending champions having beaten Pakistan 36-22 in the final in 2017. In
the women’s category, too, India are the defending champions. They defeated
South Korea 42-20 in the final in 2017. The Indian women’s kabaddi team is also
the most successful side in the competition having won four gold medals while
South Korea has claimed one title in the five editions so far.
BANKING AND FINANCE
1. RBI
imposes ₹2.92 Cr penalty on Canara Bank: RBI
has imposed a penalty of ₹2.92 crore on Canara Bank for violation of various
norms, including linking interest rates to external benchmarks, and opening
savings accounts of ineligible entities A scrutiny of the bank was carried out
by RBI in July 2020 based on a high-value fraud reported by another bank. After
scrutiny, the RBI found that the bank failed to link interest on floating rate
retail loans and loans to MSME to an external benchmark.
2. RBI,
GFIN collaborate to prevent 'greenwashing: The
Reserve Bank of India (RBI) will be participating in the Global Financial
Innovation Network's (GFIN) Greenwashing TechSprint. Aim: To address the
concern over exaggerated, misleading, or unsubstantiated claims related to
environmental, social, and governance (ESG) credentials GFIN support financial
innovation in the interest of consumers. The RBI has invited Indian firms to
participate in the TechSprint to address sustainable finance as a collective
priority.
3. RBI
launches ‘100 Days 100 Pays’ campaign: The
Reserve Bank of India (RBI) has launched a campaign ‘100 Days 100 Pays’ for
banks to trace and settle the top 100 unclaimed deposits of every bank in every
district of the country within 100 days. Aim: To reduce the quantum of
unclaimed deposits in the banking system and return such deposits to their
rightful owners/claimants An unclaimed deposit is one which does not see any
activity for 10 years or more and is deemed as an inactive deposit.
AWARDS AND HONOURS
1. Musharraf
Farooqi wins the inaugural Armory Square Prize for translation: Author and translator, Musharraf Ali Farooqi has won
the inaugural edition of the Armory Square Prize for South Asian
Literature in Translation. He translated Siddique Alam’s 'The Kettledrum
and Other Stories' from Urdu to English. The book will be published by
Open Letter Books in 2024. The Armory Square Prize for translation
was instituted by the American venture capitalist firm Armory
Square. Aim: To recognize literature from underrepresented traditions
2. Santiniketan
in tentative list for UNESCO World Heritage list: The
home of Nobel laureate Rabindra Nath Tagore, Saantinketan has been recommended
for inclusion in UNESCO’s World Heritage List. The quaint town in West Bengal’s
Birbhum district is also home to the Visva-Bharti University built by Tagore. Santiniketan,
over 160 km from Kolkata, was originally an ashram built by Tagore’s father
Debendranath Tagore. India has a total of 40 sites that enjoy the UNESCO World
Heritage tag.
3. Jayant Narlikar awarded Lifetime Achievement Award by
ASI: Veteran astronomer Jayant Naralikar has been conferred
the first Govind Swarup Lifetime Achievement Award instituted by
the Astronomical Society of India (ASI). Naralikar, a past president of
ASI, was the founding director of the Inter-University Centre for Astronomy and
Astrophysics (IUCAA) and amongst the first to initiate cosmology research in
the country. The award is named in honour of Prof. Govind Swarup (1929-2020),
widely regarded to be the founder of radio astronomy in the country.
OBITUARIES
1. Former AIFF vice-president AR Khaleel passed away: The former All India Football Federation (AIFF) Vice-President, AR Khaleel passed away at the age of 91. He also served as the president of the Karnataka State Football Association (KSFA) for 28 years till 2018. He was a footballer, who ran Jawahar Union FC, one of Bengaluru’s traditional clubs. He also donned managerial roles for the Indian National Teams in various age groups.
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