NATIONAL UPDATES:
1. Sri Sri Ravi Shankar receives first Stamp released: Indian spiritual guru Sri Sri Ravi Shankar received the first stamp released commemorating the completion of 200 years of Indian Origin Tamils in Sri Lanka. Governor of the Eastern Province of Sri Lanka Senthil Thondaman presented the stamp to Sri Sri Ravi Shankar. The stamp is a way to attain recognition for the community which has been neglected for decades. He thanked the Indian government as well as the Sri Lankan government for the assistance given to the IOT community.
2. Student Enrollment Under SC Category Grows By 44 %: The student enrollment under the Scheduled Caste category has grown by 44 per cent, from 46 lakh in 2014-15 to 66 lakh in 2021-22, according to a report of the National Commission for Backward Class. In the report, minority female student enrollment also witnessed over 42 per cent increase, from over 10 lakh in 2014-15 to 15 lakh in 2021-22. Female SC enrollment increased by 51 per cent, whereas that of ST students went up by 65.2 per cent.
3. Conference on Administration of Criminal Justice held in Guwahati: The Union Ministry of Law and Justice in association with the Assam Government has organized a two-day conference ‘India’s Progressive Path in the Administration of Criminal Justice System’ in Guwahati, Assam. The aim of the conference was to create awareness about the recent changes made by the government in repealing British-era criminal law and the enactment of new laws related to the criminal justice system in the country.
4. BARC appoints Dr Bikramjit Chaudhuri as chief of measurement science: The Broadcast Audience Research Council (BARC) India has appointed Bikramjit Chaudhuri as Chief of Measurement Science and Analytics. He will succeed Dr. Derrick Grey, who is leaving the organization after a six-year stint. He comes in with a rich experience spanning over three decades in the areas of Statistics, Stochastic Modelling, Market Measurement, Consumer Segmentation, AI & ML, Demand Forecasting and Big Data Analytics.
5. Honeywell India appoints Atul Pai as MD: Atul Pai has been appointed as the Managing Director of Honeywell Automation India Ltd (HAIL). He succeeds Ashish Gaikwad who is taking on a broader responsibility as India Leader for Industrial Automation, one of Honeywell International Inc’s strategic business groups. Atul brings more than two decades of Honeywell experience in various regional and global roles across Honeywell and its finance division.
6. 21 May – National Anti-Terrorism Day: In India, the National Anti-Terrorism Day is observed on May 21 each year to commemorate the date when the former Prime Minister Rajiv Gandhi, the sixth Prime Minister of India, was killed by a suicide bomber from the LTTE (Liberation Tigers of Tamil Eelam) in Sriperumbudur, a village near Madras (now Chennai). Gandhi was sworn in on October 31, 1984 as the Prime Minister of India when he was 40 years old, after the assassination of Indira Gandhi. He became the youngest PM of India. The Anti-Terrorism Day in India was founded by the VP Singh government in the memory of Rajiv Gandhi and was intended to educate the people of India about the adverse impacts of terrorism and violence on society and the country.
INTERNATIONAL UPDATES:
1. Lai Ching-Te sworn in as president of Taiwan: Lai Ching-te of Taiwan’s ruling Democratic Progressive Party (DPP) was sworn in as the self-governing island’s new President. A trained physician Lai succeeds Tsai Ing-wen to lead the democracy amid increasing threats from China, which claims the self-governing island as its territory. Taiwan has had an independent government since 1949. She was Taiwan’s de facto ambassador to the US from 2020 to 2023 and formerly served as a DPP lawmaker for several terms.
2. 20 May – World Refugee Day: World Refugee Day is observed every year on 20 May. Objective – To raise the world’s consciousness about the plight of the refugees who have left their homes due to war, persecution, violence or due economic factors, etc. Theme 2024 – Hope Away from Home In 1975, the Organization of African Unity (OAU) passed a resolution to observe 20 May as African Refugee Day to pay tribute to the resilience of those who had been forcibly displaced in Africa due to conflict.
3. 21 May – International Tea Day: International Tea Day is celebrated every year on 21 May. Objective – To raise awareness regarding the working conditions of people in the tea industry. The International Tea Day was first initiated in 2005 by trade unions, small tea growers, and civil society organizations in Asia and Africa. The day was established with the goal of addressing the issues faced by tea workers, including living wages and fair prices for small tea producers.
4. 21 May – World Day for Cultural Diversity for Dialogue and Development: World Day for Cultural Diversity for Dialogue and Development is observed every year on 21 May. Objective – To create a better understanding of the values of culture, tradition and education among people.
The World Day for Cultural Diversity for Dialogue and Development was first celebrated in 2002
UNESCO leads the celebration of World Day for Cultural Diversity for Dialogue and Development highlighting not only the richness of the world’s cultures, but also the essential role of intercultural dialogue for achieving peace and sustainable development.
OTHER UPDATES:
SPORTS
1. Nikhat Zareen and Minakshi clinch Gold Medals at Elorda Cup: In Boxing, Two-time world champions Nikhat Zareen and Minakshi won two gold medals for India in the 3rd Elorda Cup 2024. The Indian contingent finished the Elorda Cup with 12 medals—2 gold, 2 silver, and 8 bronze. The 3rd Elorda Cup was held in Kazakhstan’s capital city of Astana. Nikhat in the women’s 52 kg category, triumphed over Zhazira Urakbayeva of Kazakhstan with a 5-Nil victory, while Minakshi defeated another Uzbekistan boxer Rahmonova Saidahon, 4-1 in the women’s 48 kg event.
2. Alexander Zverev and Iga Swiatek win Singles Title of Italian open: German’s Alexander Zeverv defeated the first-time Masters finalist Nicolas Jarry of Chile in straight sets 6-4, 7-5 to win the 2024 Men’s Single of Italian Open Masters 1000 title. This was also Zeverv’s second Italian Open title. In 2017, he won the Italian Open by defeating Novak Djokovic. It was also his first master’s title. World no.1 Iga Swiatek of Poland defeated Aryna Sabalenka of Belarus in straight sets 6-2 6-3 to win the 2024 Women’s Single of Italian Open Masters 1000 title. This was the third Italian Open title for Iga Swiatek in the last four years. Last year she failed to qualify for the final.
3. India’s Deepthi Jeevanji smashes World Record in Women’s 400 Metre event: Twenty-year old Deepthi Jeevanji smashed the world record in the women’s 400m T20 and grabbed her first gold at the World Para Athletics Championships at Kobe in Japan. Deepthi clocked 55.07 seconds, breaking American Breanna Clark’s earlier world record of 55.12 seconds, which she had set during last year’s edition of the championships in Paris. Aysel Onder of Turkey finished second with 55.19 seconds followed by Lizanshela Angulo of Ecuador on third with 56.68 seconds.
BANKING AND FINANCE
1. Bank of Maharashtra tops among PSU banks in business growth in FY24: State-owned Bank of Maharashtra recorded the highest growth rate last fiscal in terms of total business and deposit mobilisation among public sector lenders at a time when most banks are facing difficulty in achieving double-digit growth. The lender has registered a 15.94 per cent rise in the total business (domestic) in FY24. Followed by the country’s largest lender State Bank of India (SBI) with 13.12 per cent growth, according to published financial numbers of the public sector banks (PSBs).
2. Tata Motors’ arms partner with Bajaj Finance to provide financing to passenger: Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), subsidiaries of Tata Motors, have joined hands with Bajaj Finance to extend supply chain finance solutions to its passenger and electric vehicle dealers. Under the MoU, the participating companies will come together to leverage Bajaj Finance’s wide reach to help dealers of TMPV and TPEM access funding with minimal collateral.
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