Daily GK Updates - 20th May, 2017

NATIONAL UPDATES:

1. New Service Tax Structure, four slabs: The GST Council headed by finance Minister Jaitley has finalised a 4 slab service tax structure at the rates of 5, 12, 18 and 28% as against the single rate of 15% levied on all taxable services. Healthcare and education will be exempt from the GST on services.

2. NITI Aayog holds first ‘Samavesh’ meeting: In pursuance of the Prime Ministers call for a New India 2022, the first meeting of the National Steering Group and other knowledge partners was held in NITI Aayog in New Delhi. The aim is to create a resurgent and progressive India.

3. Maharashtra agrees to release water to Karnataka: The Maharashtra govt. has agreed to release 3 TMC of water to Karnataka to mitigate the severe drinking water problem faced in Vijayapura, Bhagalkot and Belgaum districts of Karnataka. Both the states have also decided to implement inter-state Doodh ganga irrigation project.

4. India ranks 154th on healthcare index in Lancent’s Medical Journal: India has ranked 154th among 195 countries on healthcare index in Lancet medical journal’s report titled ‘Global Burden of Disease’.

5. SIMBEX-17 commenced in South China Sea: 24th bilateral exercise involving Indian Navy and Republic of Singapore Navy has commenced in South China Sea. It aims at increasing the interoperability between the navy of the two countries as well as developing a common understanding for maritime security operations.

6. Haryana launches e-textbook portal for school students: Students can download school books instantly from this e-textbook portal of the Haryana School Education Board. The portal also provides a facility to highlight certain portions of the e-textbooks making it easier for students to study.

7. Andhra Pradesh govt. to launch water grid project: The Andhra Pradesh government will launch a water grid project on a fast track with an estimated cost of 8,000 crore to provide safe drinking water in areas vulnerable to kidney disorders like Srikakulam and Prakasam districts on a pilot basis.

8. NTRO now under Intelligence Act: The National Technical Research Organisation which reports to the PMO and the NSA will now have the same “norms of conduct” as the IB and RAW. NTRO was created after the 1999 Kargil conflict as a dedicated technical intelligence agency.

9. Dr. Swaminathan’s book released: PM Modi released a 2-part book series on the eminent agricultural scientist Dr. M.S. Swaminathan. The series is titled – M.S. Swaminathan: The Quest for a world without hunger. Dr. Swaminathan is also known as the Father of Indian Green Revolution.

INTERNATIONAL UPDATES:

1. Italy makes childhood vaccinations compulsory: Italy's government has declared a new law making a series of childhood vaccinations a condition of school inscription in a move triggered by a spike in measles cases. PM Paolo Gentiloni made the move compulsory.

2. World’s First Electric Bio-composite Car: Students from the Eindhoven University of Technology, Netherlands, unveiled the world’s first car made of bio-composite. The special thing about this car is that the chassis, bodywork and the interior of the car are all made of natural materials. The car is named “Lina”.

OTHER UPDATES:

BUSINESS & ECONOMY:

1. Flipkart tops the list of Best Places to Work in India: E-commerce giant Flipkart has topped LinkedIn’s list of the top companies to work in India second time in a row. While Oracle was at the bottom of the list.

2. Sanjeev Gupta named ‘CEO of the Year’: Sanjeev Gupta, executive chairman of Liberty House Group, received the title ‘CEO of the Year’ at the prestigious Platts Global Metals Awards in London.

SPORTS:

3. Indian archers claim gold at World Cup: India’s compound men’s archery team consisting of Abhishek Verma, Chinna Raju Srither and Amanjeet Singh defeated Colombia In the penultimate day of the archery World Cup stage 1 championship in Shanghai.

Daily GK Updates - 19th May, 2017

NATIONAL UPDATES:

1. India’s first womb transplant conducted at Pune: Doctors at Galaxy Care Laparoscopy Institute successfully conducted India’s first womb transplant by transferring a woman’s uterus to her 21-year-old daughter, who was unable to conceive a child.

2. African Development Bank (AfDB) meetings to be held in Gandhinagar, Gujarat: The 52nd Annual Meeting of the African Development bank (AfDB) will be held in​​ Gandhinagar, Gujarat from 22nd to 26th of this month. This is the first time that the Annual Meetings of AfDB are being held in India.The next meeting of AfDB is scheduled to be held in Busan, South Korea in 2018.

3. National Green Tribunal bans open defecation, waste dumping on Yamuna floodplains: The National Green Tribunal (NGT) has banned open defecation and dumping of waste on the floodplains of the Yamuna. An environment compensation of Rs. 5,000 should be paid by those who violated the order.

4. Affordable electricity to every citizen by 2022: According to the Power minister Piyush Goyal, the government has expedited process of rural electrification and provide every citizen affordable, adequate electricity by 2022. Smart power meters will be installed soon in the houses to enable 100% smart metering.

5. Operation ‘Garam Hawa’ by BSF begins: BSF has started operation Garam Hawa in the western sector in Rajasthan, under which vigil along the international border with Pakistan has been stepped up. The operation is being conducted as chances of infiltration across the border increase during intense heatwave conditions.

6. Harsh Vardhan gets charge of MoEF: Minister of Earth Sciences and Science and Technology, Harsh Vardhan, has been given additional charge of the Ministry of Environment, Forest and Climate Change (MoEF) after the demise of Union Minister Anil Madhav Dave.

7. Govt. to set up 10 atomic power plants: Union cabinet today cleared a proposal to indigenously build 10 atomic reactors, the largest ever approval granted for such facilities in one go. These 10 reactors of 700 MW each will give much needed fillip to the domestic nuclear industry. The Pressurised Heavy Water Reactors will be developed by the Department of Atomic Energy.

8. IIT Delhi develops cheapest Naso filter: Researchers at Indian Institute of Technology Delhi have developed the device ‘Nasofilters’ which is capable of restricting up to 95% of dust and air pollutants. It gives protection against the finest particulate pollutants in the air for at least eight hours and hence reduces the risk of respiratory diseases. Costing Rs 10 each, it is the cheapest Naso filter available.

9. GST rates announced, partially: The Centre and states agreed to exempt most food items including wheat, rice and milk from the Goods and Services Tax. Manufactured goods will attract 18% GST, other household items such as sugar, tea, coffee and edible oil will attract 5% levy. Luxury cars will be taxed at 28% GST plus a cess of 15%.

10. Kerala govt to distribute sanitary pads: To ensure ‘menstrual hygiene’ among girls, the `She Pad’ scheme for school students across Kerala was announced by chief minister Pinarayi Vijayan. The scheme intends to provide sanitary napkins for girl students in all government schools.

INTERNATIONAL UPDATES:

1. Scientists discover human antibodies to fight Ebola virus: Scientists of US have discovered a possible cure for all five known Ebola viruses, one of which ravaged West Africa in recent years. The neutralizing antibodies were discovered in the blood of a survivor of the West African epidemic. The antibodies can be used as a single therapy to treat all Ebola viruses.

2. Ferry service opens between North Korea and Russia: North Korea and Russia have started first ever ‘passenger ferry service’ to develop links and boost economic cooperation despite United Nations sanctions. Ferry service linking the two countries has been launched with North Korean passenger ferry docking in Russia's port city of Vladivostok.

OTHER UPDATES:

BUSINESS & ECONOMY:

1. Zomato’s 1.7 crore user records stolen: Food discovery and ordering platform Zomato revealed that about 1.7 crore user records have been stolen from its database. The stolen information has email addresses and hashed passwords of customers. No payment information or credit card data has been stolen.

2. Paytm raises $1.4 billion from SoftBank: Paytm has raised $1.4 billion from SoftBank Group Corp. in the largest funding round by a single investor in India. This is SoftBank’s biggest investment in the Indian startup ecosystem till date. The deal values the company at about $7 billion post-money and will take SoftBank’s stake to about 20%.

3. Anti dumping duty on aluminium foil: India has imposed anti dumping duty on a Chinese chemical used in pharma industry and aluminium foil to protect domestic industry from cheap imports. The duty on both the products would be effective for a period of five years.

Daily GK Updates - 18th May, 2017

NATIONAL UPDATES:

1. Union govt. asks states to lift stock limits on pulses: The Union govt. directed states to lift stock limits on all pulses with immediate effect to protect farmers who are not getting support price for their fresh produce. States have been asked to remove stock limits on pulses keeping in view the sharp fall in prices and sufficient supply of dals.

2. Karnataka to adopt a state butterfly: Karnataka became the second state in the country to adopt a state butterfly. Earlier Maharashtra had chosen the Blue Moron in 2015. The Southern Bird Wing has been designated as the ‘State butterfly’ of Karnataka. It is the largest butterfly in India and is endemic to south India, particularly Karnataka.

3. Indian Army gets 2 M777 Howitzers: India received two of the 145 M777 ultra light artillery guns ordered from the US arrived ahead of schedule. The guns will be tested at the Pokhran field firing range in Rajasthan.

4. CCEA approves pharma mission to develop bio-pharmaceuticals: The Cabinet Committee on Economic Affairs has given its approval for Industry-Academia Collaborative Mission for accelerating discovery and research to early development for bio-pharmaceuticals. The Mission will be implemented by the Biotechnology Industry Research Assistance Council.

5. Purnima Devi Barman & Sanjay Gubbi win Green Oscars: Two Indian activists ‘Dr. Purnima Devi Barman’ and Sanjay Gubbi have won the annual Whitley Awards (popularly known as the 'Green Oscars) for their works in the field of animal and bird conservation in India. Sanjay Gubbi, won the award for his work to protect Karnataka's tiger corridors. Purnima has been selected for her relentless efforts and campaigns for the conservation of the Greater Adjutant Stork (Haargila) in Assam.

6. Shrinivas Kulkarni wins Dan David prize: Indian scientist Shrinivas Kulkarni has won the prestigious Dan David prize for his contribution in the field of astronomy.

3 Dan David prizes of 1 million dollar each are given every year in the categories of “Past”, “Present” and “Future” to people around the world who have made outstanding contributions to humanity in the sciences, humanities, or through their work in civil society.

7. India’s first ornamental fish park: India’s first Aquatic Rainbow Technology Park (ARTP) will be set up in Chennai. The park will include an ultra modern facility for ornamental fish equipped with multi-species hatchery and live feed culture units. It is being developed by Fisheries College and Research Institute, Ponneri in Tamil Nadu.

INTERNATIONAL UPDATES:

1. International Museum day celebrated: Every year since 1977 International Museum Day is organised worldwide around May 18. This day is an occasion to raise awareness on how important museums are in the development of society. The theme chosen for 2017 is “Museums and contested histories: Saying the unspeakable in museums”.

2. Austria bans full face veil in public: The Austrian government has passed a legislation outlawing the use of garments that fully cover the face of women such as the burqa, as well as the distribution of the Quran in public. The law also requires all migrants in Austria to participate in an “integration” year, during which they would take classes to learn German and ethics.

OTHER UPDATES:

BUSINESS & ECONOMY:

1. Tata Group most valuable Brand in India: According to Brand Finance, a global brand valuation and strategy consultancy firm, Tata Group is the most valuable brand in India at an estimated brand value of $13.1 billion. Tata topped the list of India’s 100 most valuable brands once again despite its value declining 4% from $13.7 billion in 2016. Tata Group is followed by Airtel at the second place and LIC at the third.

OBITUARIES:

2. Veteran actress Reema Lagoo passes away: Veteran film and theatre actor Reema Lagoo passed away after cardiac arrest in Mumbai. She started her career as a Marathi stage artist in 1970s and has played the role of mother to most famous starts like Shah Rukh and Salman Khan.

Daily GK Updates - 17th May, 2017

NATIONAL UPDATES:

1. Govt launches ‘Clean Money’ portal: Finance Minister Arun Jaitley has launched the ‘Operation Clean Money’ portal that aims to create a tax-compliant society. This portal will create awareness about black money and also to help those who want to come clean on demonetisation cash deposits.

2. IIT-Hyderabad professor bags INSA Young Scientist award: Professor Aravind Kumar Rengan (at Indian Institute of Technology-Hyderabad) has been awarded the prestigious Indian National Science Academy (INSA) medal in the Young Scientist category for 2017. He has been awarded for devising a novel way of nano delivery using liposomes and gold nano-particles which is useful for both imaging and therapeutics.

3. India ranked second in Renewable Energy Attractiveness index: India has overtaken the US to become the second most attractive country after China for renewable energy investment, according to a report by EY.

4. India’s first smart grid project to generate power from renewable energy: The Indian Institute of Engineering Science and Technology has successfully created the country’s first smart grid project, which will generate power from renewable sources of energy. The smart grid will be synchronised to generate power from solar, wind and vegetable waste resources, depending on the weather conditions and availability of waste products.

5. Chamling gets the first BS Shekhawat Award: Sikkim Chief Minister Pawan Kumar Chamling was conferred with the first Bhairon Singh Shekhawat Lifetime Achievement Honour in Public Service by President Pranab Mukherjee. Known as the ‘Land of Flowers, Sikkim is gaining popularity as a fully organic state in India.

6. Venkaiah Naidu announces separate channel of Doordarshan 'DD Jharkhand': The Union Information & Broadcasting Minister M Venkaiah Naidu has announced a separate 24 *7 channel of Doordarshan ‘DD Jharkhand ‘for Jharkhand state. Sufficient deployment of funds has been done for the purpose.

7. NASA and ISRO to go for joint inspection of the Oldest civilisation: Teams of the NASA and ISRO will inspect the excavation being carried out at an archaeological site in Haryana’s Fatehabad district to verify claims of it being the oldest civilisation in the world. Archaeologists have recovered artefacts pre-dating the Harappan Civilisation from the site.

8. Shipping Ministry signs MoU on ‘Sagarmala project’ in collaboration with DDU- GKY: The Ministries of Shipping and Rural Development has signed an MoU on ‘Sagarmala project’ in collaboration with Deen Dayal Upadhyay- Gramin Kaushalya Yojna (DDU- GKY) in New Delhi. DDU-GKY is under implementation in 28 states and has over 654 training centres in 522 projects in partnership with training partners.

So far, 54 lakh persons have been given skill training and of them 2.31 lakh got employed.

INTERNATIONAL UPDATES:

1. David Letterman wins Mark Twain Prize: David Letterman has been named the next recipient of the Mark Twain Prize for American humour, the award granted annually by the John F Kennedy Center for the Performing Arts. He is the longest running host of late night TV. The Mark Twain prize is given annually to a humorist whose impact on American society is reminiscent of Samuel Clemens.

2. Ovais Sarmad to join UNFCCC: U.N. Secretary General Antonio Guterres appointed Ovais Sarmad to join the UNFCCC as the Deputy Executive Secretary. His appointment comes at a crucial time when most of the countries have ratified the Paris Climate Agreement and the US President, Donald Trump, has threatened to scrap the pact.

OTHER UPDATES:

SPORTS:

1. Mohd. Anas smashes national record: Muhammed Anas smashed the national record in men’s 400m race to win a gold medal at the third leg of the Indian Grand Prix Athletics Meet in New Delhi. Anas clocked 45.32 sec. He also qualified for the World Championships to be held in London in August.

2. Japanese tennis player Mitsuhashi gets life ban for match-fixing: According to The Tennis Integrity Unit, Japanese Junn Mitsuhashi has been banned for life following an investigation into match-fixing. He has also been fined USD 50,000 after being found to have made corrupt approaches to other players and to have placed bets on matches.

3. ICC hikes prize money for Champions Trophy 2017: The International Cricket Council (ICC) has hiked the prize money of upcoming Champions Trophy 2017 and it now carries a total prize money of USD 4.5 million.

BUSINESS & ECONOMY:

4. Ambani leads Global Game Changers List: Indian business tycoon and chairman of Reliance Industries Mukesh Ambani leads Forbes second annual Global Game Changers list. The list features the most influential business leaders from around the world based on corporate growth, innovation and international presence.

Daily GK Updates - 16th May, 2017

NATIONAL UPDATES:

1. ISKCON's Govardhan Eco Village wins Smart Village Award: ISKCON’s (International Society for Krishna Consciousness) Govardhan eco-village (Thane district) has been conferred Smart Village Award for being a sustainable project in rural Maharashtra. The ‘Smart Village Award’ has been instituted by the India Trade Promotion Organisation.

2. Uttar Pradesh Assembly passes GST bill: The Uttar Pradesh Assembly has unanimously passed the UP Goods and Service Tax Bill, 2017. Chief Minister Yogi Adityanath termed it as revolutionary move which is in the interest of both consumers and traders.

3. Plastic park to come up in Panipat: Union Chemicals and Fertilisers Minister, Mr Ananth Kumar announced to open 2 new CIPET centres in Haryana, a plastic park at Panipat on an area of 75 acres at an estimated cost of Rs 1,500 crore and a pharmaceutical park at Karnal. Ananth Kumar said 9 CIPET centres were in the pipeline in Medak, Jaipur, Jammu and Kashmir, Haridwar, Baghalpur, Varanasi, Agartala, Mumbai and Ranchi.

4. Bengali mandatory in West Bengal schools: West Bengal Education Minister Partha Chatterjee has announced that from now, students of all schools irrespective of boards or mother tongue would have to learn three languages from Class I to X, one of which would have to be Bengali.

5. Indian Boy makes history - World’s smallest satellite for NASA: Rifath Sharook, an 18-year-old student from Tamil Nadu, has developed the world’s smallest and lightest satellite. He is all set to break a global space record by launching the lightest satellite in the world, weighing a mere 64 grams. The satellite is made using reinforced carbon fibre polymer, is named ‘KalamSat’, after former President APJ Abdul Kalam.

INTERNATIONAL UPDATES:

1. Impeachment against Duterte rejected: Philippine parliamentary panel has rejected a proposal for an impeachment motion against President Rodrigo Duterte for his alleged involvement in extrajudicial killings and other crimes.

2. Syria peace talks restart in Geneva: A new round of Syria peace talks aiming to resolve a six year conflict, opens in Geneva. The UN’s Syria envoy Staffan de Mistura said, the negotiations are focused on four separate baskets: governance, a new constitution, elections and combating terrorism in the war-ravaged country.

3. Yemen declares state of emergency over cholera outbreak: A state of emergency has been declared in the Yemen’s capital ‘Sanaa’ due to a deadly outbreak of cholera. According to the International Committee of the Red Cross, the disease killed at least 115 people and left more than 8,000 others infected across the country.

4. International Day of Families celebrated: The International Day of Families is observed on the 15th of May every year. The Day was proclaimed by the UN General Assembly in 1993. Theme of International Day of Families 2017 : “Families, education and well-being”.

5. Edouard Philippe appointed as Prime Minister of France: French President Emmanuel Macron has appointed Edouard Philippe as the new Prime Minister of France.

OTHER UPDATES:

SPORTS:

1. Deepti Sharma and Poonam Raut create record: Indian women’s cricket team openers Deepti Sharma and Poonam Raut have become the first pair in women’s ODIs to share a 300-plus stand for any wicket. They achieved this feat against Ireland.

BANKING & FINANCE:

2. HDFC Life inks distribution tie-up with Catholic Syrian Bank: HDFC Life has entered into a banc assurance tie-up with ‘Catholic Syrian Bank’ to distribute its individual life insurance products to the private lender’s customers. Now, HDFC Life will offer its leading range of individual life insurance, health, and pension products to the Catholic Syrian Bank’s customer over a period of time.

Daily GK Updates - 15th May, 2017

NATIONAL UPDATES:

1. Rajnath Singh to inaugurate meeting of NPDRR: Home Minister Rajnath Singh will inaugurate the second meeting of National Platform for Disaster Risk Reduction in New Delhi. It is a National Platform which promotes participatory decision making in disaster management and strengthens federal policy of the country. The theme of the meeting is Disaster Risk Reduction for Sustainable Development: Making India resilient by 2030.

2. Kerala tops in public affairs index: Kerala has secured first rank and Bihar has ranked last on this year’s Public Affairs Index (PAI), compiled on basis of a survey by Public Affairs Centre.

3. India ranks 26 in World Bank power list: India has climbed up to twenty sixth position in World Bank’s electricity accessibility ranking in the current year from 99th spot in 2014.

4. Palestine President Arrives in India: Palestinian President Mahmoud Abbas arrived India on a four-day visit during which he will hold extensive talks with Prime Minister Modi on key bilateral, regional and international issues, including the Middle East peace process. Ahead of President Abbas’ visit, India reiterated its “political support” to the Palestinian cause and had said it continued to assist developmental projects there.

5. India’s longest river bridge: PM Narendra Modi will inaugurate India’s longest river bridge, the 9.15-km-long Dhola-Sadiya bridge near the China border. The bridge is built over the Brahmaputra river. The design is such that the bridge can withstand the movement of military tanks.

6. Amitabh Bachchan appointed WHO Goodwill Ambassador for Hepatitis: Veteran actor Amitabh Bachchan has been appointed as WHO (World Health Organisation) Goodwill Ambassador for the Hepatitis awareness programme in southeast Asia region.

INTERNATIONAL UPDATES:

1. Jack Ma becomes China’s richest person: Alibaba’s Founder Jack Ma has surpassed real estate and entertainment tycoon, Wang Jianlin, to become China’s richest person with a $30.9 billion fortune. Ma’s fortune has gained from a more than one-third rise in Alibaba’s share price so far this year amid growing profits. Its IPO in New York in 2014 set a record as the world’s biggest public stock offering.

OTHER UPDATES:

SPORTS:

1. India bags 10 medals in Asian Championship: India has finished their Asian Wrestling Championship campaign on high. The Indian wrestlers overall bagged 10 medals comprising a gold, five silver and four bronze.

2. Ramit Tandon wins maiden PSA title: US based Indian squash player Ramit Tandon has won his maiden professional title in the SYS Open. Ramit defeated Kush Kumar 11-3, 11 -2, 11-3 in the final.

3. Rafael Nadal wins 5th Madrid Open title: Rafael Nadal beat Dominic Thiem 7-6 (10-8) 6-4 to win his fifth Madrid Open title and move into the world’s top four. He has been titled “The King of Clay”

4. Lewis Hamilton wins Spanish Grand Prix: Lewis Hamilton won the Spanish Grand Prix from pole position to cut Sebastian Vettel’s overall lead in the Formula One championship to six points.

Daily GK Updates - 14th May, 2017

NATIONAL UPDATES:

1. New IIP, WPI series introduced:  The new-look index of industrial production (IIP) and the wholesale price index (WPI), which were declared and have been built on the new series of data, paint a healthier picture of the Indian economy in 2016-17 than the old series did.

The new series of the IIP shows higher growth rates in most months in the period April 2012 to March 2017 than was the case when the computation was done in accordance with the old series. This is attributable to the base shift, increase in the number of factories in the panel for the reporting data and excluding closed ones, and including new items and keeping out old ones.

2. Laser walls to bolster security at Indo-Pak border: The Border Security Force (BSF) is all set to get more teeth to man the 198 km India-Pakistan international border using a newly developed technology that can detect intrusions and relay information immediately to the nearest post for action. Developed by Delhi-based defence IoT firm, CRON Systems, the made-in-India technology is called Kavach (KVx) series laser walls and is a notch higher than the existing laser walls. CRON Systems have come up with this intrusion detection system based on infrared array, which is invisible. It is more advanced than laser walls, Kavach walls can also work in transparent water and glass.

3. Errors in Aadhaar, PAN can now be corrected online: The Income Tax Department has launched a facility allowing people to correct errors in their PAN and Aadhaar details. The links for corrections are available on incometaxindiaefiling.gov.in, the department's e-filing website. However, people wanting to update Aadhaar details are redirected to 'Aadhaar Self Service Update Portal'. Scanned documents supporting the changes have to be uploaded.

4. A plane takes off or lands every 65 secs at Mumbai airport, the busiest single-runway airport: The Chhatrapati Shivaji International Airport in Mumbai overtook London's Gatwick to become the world's busiest single-runway airport, with a plane taking off or landing every 65 seconds. According to a report, Mumbai currently handles an average of 837 flights per day, about 80 more than Gatwick. The airport also saw about 45.2 million flyers, overtaking Gatwick's 44 million in 2016-17.

INTERNATIONAL UPDATES:

1. International Mother’s Day celebrated: Mother's Day is celebrated on the second Sunday of May every year. This year Mother's Day date is May 14. Anna Marie Jarvis, seen as founder of Mother's Day, was the daughter of Ann Maria Reeves Jarvis, a social activist who organized events called Mothers' Day Work Clubs to reduce infant mortality.

OTHER UPDATES:

SPORTS:

1. Racer Arjun Maini first Indian to win a GP3 race: Arjun Maini has become the first Indian to win a GP3 series race, an F1 support race, after registering a win in Barcelona on Sunday on the sidelines of the F1 Spanish Grand Prix. With the victory, Arjun is third in the championship after the first round of the eight-round GP3 series. The 19-year-old Indian drives for Switzerland-based Jenzer Motorsport.

2. Force India claim 4th and 5th place in Spanish Grand Prix: Force India Formula One team drivers Sergio Perez and Esteban Ocon finished in the fourth and fifth spot respectively in the Spanish Grand Prix in Barcelona on Sunday. Mercedes' Lewis Hamilton won the race by beating Ferrari's Sebastian Vettel and Red Bull's Daniel Ricciardo, who finished second and third respectively.

BUSINESS & ECONOMY:

3. Food delivery startup Delivery Hero raises $420 million: Germany-based on-demand food delivery startup Delivery Hero has raised over $420 million in funding from global technology and media investment conglomerate, Naspers. The investment was made at the company’s current valuation of over $3.1 billion. Founded in 2011, Delivery Hero operates in more than 40 countries.