NATIONAL UPDATES:
1.
Moody’s pegs India’s growth rate at 7.5% in 2016 and 2017: Global rating agency, Moody’s has forecast a growth
rate of about 7.5% for the Indian economy in 2016 and 2017.
2.
Centre to postpone NEET by a year: Buckling under pressure, the centre has decided to defer the National
Eligibility cum Entrance Test (NEET) for medical college admission by a year
through an ordinance or executive order.
3. Bonded labour rehab to be made
Central sector scheme: Labour
Minister (Independent) Bandaru Dattatreya stated that the centre is revising
the rehabilitation of bonded labour scheme, bringing it into the Central
sector, and plans to raise financial assistance from Rs 20,000 to Rs 100000.
4. Government approves three pharma FDI
proposals worth Rs 60.73 crore: The Foreign Investment
Promotion Board (FIPB) has approved Rs 60.73 crore worth of foreign direct
investment (FDI) proposals of Wockhardt, Aurobindo Pharma and Advanced Enzyme
Technologies.
5. Apple announces opening of its map
development centre in Hyderabad.
6. Ola signs MoU with government to
benefit ‘Safai Karamcharis’: It has signed a MoU
with the National Safai Karamcharis Finance and Development Corporation
(NSKFDC) established under the aegis of the Ministry of Social Justice and
Empowerment to focus on building a sustainable framework by supporting
entrepreneurship, skill development training and self-defence courses for Safai
Karamcharis and Scavengers.
7. BHEL commissions 250 MW Thermal Unit
at Parli Thermal Power Station located in Beed district in Maharashtra.
8. TATA Power bags 100 MW solar projects
in Pavagada Solar Park in Tumkur district of Karnataka.
9.
Japanese financial company Nomura exits joint venture with Life
Insurance Corporation.
10. Five Indian cars namely Renault
Kwid, Maruti Suzuki Celerio and Eeco, Mahindra Scorpio and Hyundai Eon failed crash
tests by the Global New Car Assessment Programme (Global NCAP).
11. Ola signs MoU with KIAB: App-based
cab service provider Ola has launched a unique initiative for travellers
arriving at the Kempegowda International Airport (KIA). The move will help
users to get an Ola cab in less than three minutes.
12. Rakesh Kumar Mishra appointed as the
Director of Centre for Cellular and Molecular Biology (CCMB).
INTERNATIONAL UPDATES:
1.
Scientists developed world’s first Zika virus clone: Scientists
from the University Of Texas Medical Branch (UTMB) have developed world’s first
genetically engineered clone of the Zika virus strain.
2.
UN-habitat releases World Cities Report 2016, Urbanization and Development:
Emerging Futures: As per the UN reports, India is
projected to add 300 million new urban residents by 2050 and it will also need
to build Climate Friendly Cities to deal the challenge of accommodating the
needs of the Population growth.
3.
UN Secretary General Ban Ki Moon appoints Patricia Espinosa Cantellano as Executive
Secretary of UNFCCC.
OTHER UPDATES:
FINANCE/BANKING:
1. SBI seeks to take over 5 associate
PSBs, Bhartiya Mahila Bank: The country’s largest lender State Bank of India has decided to merge its
five associate public sector banks and the Bhartiya Mahila Bank with itself.
2. Nepal SBI launches payment gateway to
facilitate online trade and non-trade transactions between the Himalayan nation
Nepal and India.
3. PNB tops list of worst losses in
Indian banking history: Public sector lender Punjab National
Bank has reported the largest net loss of Rs 5,367.14 crore for the 4th
quarter ended on 31st of March against the backdrop of a surge in
bad loans.
SPORTS:
4. Sevilla
Football club wins the 3rd consecutive Europa League title by
defeating Liverpool 3-1 in the final played in Basel: He was named as the Test Player
of the Year, Limited Overs Player of the Year and Fan’s Player of the Year at
the England’s annual award ceremony.
AWARDS:
5.
Indian-American bio-technologist Rupa Iyer received the University of Houston’s
highest teaching award for her sustained and significant contributions to
education in the US.