Search your Topic HERE....

May 31, 2020

31st May 2020 Daily Current Affairs

Leave a Comment
Dear Great Ambitionists, here are today's (30th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

Daily Current Affairs of 30th May 2020

International Current Affairs
  • Today (31st May) is World No Tobacco Day.
    • This day is an annual awareness day sponsored by the World Health Organization (WHO) since 1987 to highlight the health risks associated with tobacco use and encourage governments to adopt effective policies to reduce smoking and other tobacco use.
    • Theme of World No Tobacco Day 2020 : ‘#TobaccoExposed’.
  • The Nepalese government presented a constitutional amendment bill in the parliament that seeks to make changes to the country's political map which includes Indian territories of Kalapani, Limpiyadhura and Lipulekh
    • The amendment also seeks to make changes to the national emblem.
National Current Affairs
  • The Punjab and Haryana High Court has said that use of caste-based remarks during a phone call does not constitute an offence under the SC/ST (Prevention of Atrocities) Act, 1989
Banking, Business & Economic Affairs
  • The government is planning to start home delivery of petrol and CNG for the greater convenience of customers, said Oil Minister Dharmendra Pradhan
    • The government is also planning a new fuel retail model where all types of fuels would be available at one place.
    • Note : In 2018, Indian Oil started home delivery of diesel through mobile dispensers.
Science & Technology
  • Elon Musk-led SpaceX made history by successfully launching NASA astronauts Doug Hurley and Bob Behnken to space aboard in its Crew Dragon spacecraft becoming the 1st  private company to do so. 
    • SpaceX also successfully landed its first stage booster from Falcon 9.
    • Once the mission 'Demo-2' is complete, SpaceX's launch vehicle will be certified for commercial crewed flights to space.
    • About Astronauts :
      • Douglas Hurley : He was selected as an astronaut in 2000. He holds a Bachelor of Science in Civil Engineering and was a fighter pilot and test pilot in US Marine Corps. 
      • Robert Behnken : He is a veteran of two space shuttle flights. He holds a Doctorate in Mechanical Engineering.
  • The government has launched a national Artificial Intelligence Portal,
    • It will work as a "one stop" digital platform for AI related developments in India
    • It was jointly developed by the Ministry of Electronics and IT and IT Industry. 
  • The Chennai Metro Rail Ltd (CMRL) has installed foot-operated elevator to avoid hand contact with the elevator buttons in order to reduce the possibility of contracting coronavirus. 
    • With its initiative, the CMRL has become the first metro rail in the country to do so
    • Currently, the facility is installed at the CMRL Admin Building at Koyambedu.
Sports Current Affairs
  • The Athletics Federation of India (AFI) has nominated the Commonwealth Games and Asian Games gold medallist Javelin thrower Neeraj Chopra for Rajiv Gandhi Khel Ratna Award 2020
    • Neeraj, who has qualified for the Tokyo Olympics, was conferred with the Arjuna Award in the year 2018. 
    • Note : Last week the Board of Control for Cricket in India (BCCI) nominated India opener Rohit Sharma for the Khel Ratna.
        sponsored links

        May 30, 2020

        30th May 2020 Daily Current Affairs

        Leave a Comment
        Dear Great Ambitionists, here are today's (30th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

        Daily Current Affairs of 30th May 2020

        International Current Affairs
        • US President Donald Trump today announced that the United States is terminating its relationship with World Health Organization (WHO)
          • The US will now redirect funds from WHO to other organisations. 
        • India and China are talking to each other at military and diplomatic levels to resolve the standoff in Ladakh, Defence Minister Rajnath Singh announced today. 
          • Both the countries have made it "clear" that they want to resolve the issue, he added. 
          • Further, Singh said, "We will not allow India's dignity to be hurt under any circumstances."
        • Defence Minister Rajnath Singh today spoke to US Secretary of Defence Mark T Esper to discuss cooperation on COVID-19. 
          • They exchanged views on regional developments of shared security interest.
        National Current Affairs

        • Covid-19 cases has reached 1 lakh 73 thousand 763 in India. 
          • But there is a silver lining that the overall recovery rate has reached 47.40 in the country and a total of 82 thousand 370 patients have been cured so far.
        • The Government today extended the lockdown in containment zones till June 30 and said all economic activities can restart in a phased manner outside those zones.
          • The fourth phase of the nationwide lockdown, necessitated by the coronavirus outbreak, was scheduled to end tomorrow.
          • Home Ministry has issued new guidelines for reopening of prohibited activities in areas outside containment zones in a phased manner.  

        • The Food and Agriculture Organization (FAO) has warned of successive locust invasions until July in Rajasthan with eastward surges as far as Bihar and Odisha
          • However, the swarms are less likely to reach south India, Nepal and Bangladesh, the UN agency said. 
          • These movements will cease as swarms begin to breed and become less mobile, it added.
        Banking ,Business & Economic Affairs
        • The Reserve Bank of India (RBI) has imposed a ₹4-crore penalty on Citibank
          • The regulator said it fined Citibank for not complying with the directions related to customer credentials at the time of opening current accounts. 
          • Earlier, RBI imposed penalties of ₹5 crore on Bank of India, ₹1.2 crore on Karnataka Bank and ₹30 lakh on Saraswat Co-operative Bank for non-compliance with various rules.
        • Private lender Yes Bank has acquired a 24.19% stake in Dish TV India, by invoking pledged shares after loan defaults by several companies. 
          • Dish TV is a direct-to-home (DTH) entertainment service provider, operated by the Zee Group and the Videocon Group. 
        • Astrologer Bejan Daruwalla (88) died due to coronavirus at an Ahmedabad hospital today. 
          • The Millennium Book of Prophecy, published by HarperCollins, USA had him listed as one of the 100 great astrologers in last 1,000 years.
        • Lyricist Yogesh Gaur (77), who wrote the lyrics of songs like 'Kahin Dur Jab Din Dhal Jaye' and 'Zindagi Kaisi Hai Paheli', passed away. 
          • He also wrote songs for films like 'Chhoti Si Baat' (1976), 'Baton Baton Mein' (1979), 'Manzil' (1979). 
        Science & Technology
        • The World Health Organization (WHO) along with 37 nations and numerous partners has launched a 'COVID-19 Technology Access Pool (CTAP)' which aims to make vaccines and other key COVID-19 tools accessible to all. 
          • C-TAP will provide a "one-stop shop" for scientific knowledge, data and intellectual property to be "shared equitably by global community". 
        People in News
        • The Andhra Pradesh High Court has directed the state government to reinstate State Election Commissioner Nimmagadda Ramesh Kumar who was dismissed on 10th April 2020. 
          • The court struck down an ordinance which reduced the SEC's term from five to three years and abruptly ended Kumar's tenure. 
          • Note : The state government had posted former Madras HC judge Justice V Kanagaraj in Kumar's place.
        Sports Current Affairs
        • India captain Virat Kohli remained the only cricketer to be included in the list of top 100 highest-paid athletes of 2020 by Forbes magazine. 
          • He is also the only Indian athlete to be featured in the list.
          • Swiss tennis great Roger Federer topped the list.
            sponsored links

            May 29, 2020

            29th May 2020 Daily Current Affairs

            Leave a Comment
            Dear Great Ambitionists, here are today's (29th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

            Daily Current Affairs of 29th May 2020

            International Current Affairs
            • US President Donald Trump signed an executive order aimed at regulating social media companies 2 days after Twitter added fact-check label to his tweets. 
              • Under these new regulations, social media companies that engage in censoring or any political conduct won't be able to keep their 'liability shield'," Trump said. "The order will protect free speech and rights of Americans," he added.
            National Current Affairs
            • India now has the world's 9th worst coronavirus case count as number of those infected in the country rose to 1,65,799. 
              • According to the Ministry of Health and Family Welfare, the number of deaths from coronavirus in India stands at 4,706. 
              • Out of the total cases, 89,987 are active, while 71,106 people have been cured, discharged or migrated.
            • 1st phase of the Army Commanders' Conference, concluded today in New Delhi
              • Over last three days, Army’s apex leadership deliberated upon various aspects related to existing and developing security challenges.
              • Human resource management issues, studies pertaining to ammunition management, merger of co-located training establishments and merger of Military Training Directorate with HQ Army Training Command were also discussed.
            Science & Technology
              • Foundation Stone for a Missile Park " AGNEEPRASTHA" was laid at INS Kalinga by Cmde Rajesh Debnath,  Commanding Officer, in the presence of Vice Admiral Atul Kumar Jain.
              • The Missile Park "AGNEEPRASTHA"  once completed will be dedicated to all the Officers, Sailors and Support Staff of INS Kalinga, who have served in this premier op-support Base of the ENC since its establishment in 1981. 
              • The Park also commemorates the award of the prestigious Unit Citation to INS Kalinga for the year 2018-19.
            • The world's largest all-electric plane took its first successful flight, that lasted for about 30 minutes. 
              • The 'eCaravan' aircraft is a Cessna 208 Caravan plane, which was fitted with a 750-horsepower electric motor made by US-based startup MagniX and modified by aerospace engineering firm AeroTEC. 
              • The aircraft, which is about 37 feet long, typically seats nine passengers.
            New Appointments
            • Bengaluru-based IT services giant Wipro has appointed Capgemini's Chief Operating Officer Thierry Delaporte as its MD & CEO with effect from July 6. 
            Banking, Business & Economic Affairs
            • India's Gross Domestic Product (GDP) grew 3.1% in the January-March quarter from a year ago, slowing from downwardly revised 4.1% in the prior three months. 
              • This is the slowest pace of expansion since the fourth quarter of 2008-09.
            • Union Agriculture Minister Narendra Singh Tomar has said that Centre is making efforts to control crop-damaging locust swarms that have entered several states. 
              • At least 50 spray machines procured from the UK will soon reach India and will be deployed to control locusts. 
              • Plans are also afoot to deploy drones and helicopters for aerial spray of pesticides.
            • The Directorate General of Foreign Trade has removed restrictions on the export of Active Pharmaceutical Ingredients (APIs) of paracetamol
              • The government had imposed curbs on the export of paracetamol and formulations made from the compound on March 3. 
              • On April 17, the government had lifted restrictions on shipments of formulations made from paracetamol.
            • India's largest lender State Bank of India (SBI) has reduced interest rates on retail term deposits by up to 40 basis points (bps) across all tenors. 
              • This is the second reduction in fixed deposits interest rates by the lender in May. 
              • It had reduced its deposit rates on May 12.
            • World's oldest man Bob Weighton (112 years) died from cancer in the UK today. 
              • Weighton, from Alton, Hampshire, was given the title by Guinness World Records at the age of 112 years and 1 day after the death of Japan's 112-year-old Chitetsu Watanabe. Bob saw 26 Prime Ministers come and go during his lifetime.
            • Ex-Chhattisgarh Chief Minister Ajit Jogi (74) passed away. 
              • He had served as the 1st CM of Chhattisgarh from November 2000 to November 2003. 
            • Rajya Sabha member and Malayalam newspaper Mathrubhumi's Managing Director MP Veerendra Kumar (83) passed away in Kozhikode. 
              • A veteran socialist leader and a former Union Minister, Kumar was jailed during the Emergency. 
            Sports Current Affairs
            • Cricket Australia today announced the dates for India's tour of Australia
              • India will be playing a 3-match T20I series from 11th to 17th October 2020, while the 4-Test series will begin on 3rd December 2020 in Brisbane and the Day-Night Test will take place in Adelaide from 11th December 2020. 
                • India will further play three ODIs from 12th to 17th January 2020.
                sponsored links

                May 28, 2020

                26th, 27th & 28th May 2020 Daily Current Affairs

                Leave a Comment
                Dear Great Ambitionists, here are the Current Affairs updates of 26th, 27th & 28th May 2020. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                Daily Current Affairs of 26th, 27th & 28th May 2020

                International Current Affairs
                • Archaeological Survey of India (ASI) discovered a 9th-century monolithic sandstone Shiva Ling during the ongoing conservation project at Vietnam's Cham Temple Complex
                  • External Affairs Minister S Jaishankar announced the find on Twitter, saying the development underscored "civilisational connect" between the countries. 
                • Japan has added India and 10 other countries to its entry ban list to contain the spread of coronavirus, PM Shinzo Abe announced today. 
                  • The total number of countries and regions included in Japan's entry ban list climbed to 111. 
                  • The move means foreign nationals who've been to these countries within the last 14 days will be denied entry into Japan.
                  Chinese parliament has voted and passed a decision which paves the way to directly impose national security legislation on Hong Kong
                  • The National People's Congress voted 2,878 to 1 in favour of the decision to empower its standing committee to draft the legislation. 
                  • The legislation is expected to prohibit treason, sedition and subversion of the Chinese government in Hong Kong.
                National Current Affairs
                • The Supreme Court today took suo motu cognizance of "problems and miseries of migrant labourers" who had been stranded in different parts of the country. 
                  • Saying there have been inadequacies and lapses on part of central and state governments in assisting the labourers, the apex court issued notices seeking their response. The next hearing will take place on May 28.
                • The National Council of Educational Research and Training (NCERT) has  suggested that schools in Orange and Green Zones could be opened and students from Classes 8 to 12 can be brought in a staggered manner when the lockdown is lifted. 
                  • These suggestions were made after the HRD Ministry asked it to set-up a task-force on ways of reopening schools.
                Banking, Business & Economic Affairs
                • The government has announced it will stop selling its savings bonds that offered an interest rate of 7.75% on a taxable basis, also known as RBI 7.75% bonds, from Friday. 
                  • They will cease for subscription with effect from the close of banking business on Thursday. 
                  • These bonds have a tenure of 7 years and minimum value of investment is ₹1,000.
                • The European Commission has proposed a €750 billion recovery fund to help the European Union (EU) countries to deal with the economic impact of the coronavirus pandemic. 
                  • The fund is made up of €500 billion in grants and €250 billion in loans. Monetary grants from the fund to be linked to domestic economic reform in countries applying for it.
                • India's economy is estimated to have grown at 1.2% for the quarter ended March 2020, said the SBI's Ecowrap report
                  • It said the economic activity in the last seven days of March was completely suspended due to lockdown, causing an estimated loss of around ₹1.4 lakh crore. 
                  • Subsequently, it projected the annual GDP growth for 2019-20 to be around 4.2%.
                • LATAM Airlines Group, Latin America's largest carrier, has announced that the company and its affiliates in Chile, Peru, Colombia, Ecuador and the US have filed for bankruptcy protection in the US. 
                  • This comes two weeks after Latin America's second-largest airline Avianca filed for bankruptcy.
                • Oil Minister Dharmendra Pradhan has announced India is looking at storing some low priced US oil in facilities there as the local storage is full. 
                  • Pradhan added India had already filled its 5.33 million tonnes of strategic storage. 
                  • Note : Last month, Australia said it would build an emergency oil stockpile, initially by buying crude to store in the US Strategic Petroleum Reserve.
                Science & Technology
                • Arogya Setu, India's Covid-19 contact tracing, syndromic mapping and self assessment mobile app is now open source.
                  • Announcing it in New Delhi, NITI Aayog CEO Amitabh Kant said, transparency, privacy and security have been the core design principles of Araogya Setu since it's inception and opening of the source code upto the developer community signifies Government of India's continuing commitment to this principle.
                • Officials from India and Israel recently held discussions on scientific cooperation between the two countries to develop rapid diagnosis for COVID-19 based on AI.
                • Elon Musk's SpaceX will be launching two NASA astronauts, Robert Behnken and Douglas Hurley, in its Crew Dragon to the International Space Station. 
                  • This will be the first crewed flight to launch from the US since 2011. 
                • Using data from NASA's MAVEN spacecraft, researchers have created the first-ever map of the electric current systems in the Martian atmosphere. 
                  • Unlike Earth, Mars lacks a protective global magnetic field to shield its upper atmosphere from the solar wind. Instead, the magnetic field in the solar wind wraps around the red planet. 
                  • This creates an induced magnetosphere, generating electric currents.
                New Appointments
                • Govinda Rajulu Chintala took charge as Chairman of the National Bank for Agriculture and Rural Development (NABARD) today.
                  • His tenure will last till his superannuation (July 31, 2022) or until further orders, whichever is earlier.
                  • Previously, he was the Managing Director of NABFINS, a subsidiary of NABARD headquartered in Bengaluru.
                  • Note : Along with Chintala, the government has also appointed KV Shaji (General Manager, Canara Bank) and PVS Suryakumar (Chief General Manager, NABARD) as Deputy Managing Directors (DMDs) of NABARD.
                • KV Kamath's five-year term as the president of the New Development Bank led by the five BRICS member countries came to an end today. 
                  • Brazil's Marcos Troyjo will be replacing Kamath as its new president while India's Anil Kishora will be the new vice-president. 
                • British independent manufacturer of luxury sports cars and grand tourers Aston Martin has announced that its CEO Andy Palmer stepped down and will be replaced by CEO of Mercedes-AMG Tobias Moers on August 1. 
                  • VP Keith Stanton will serve as the interim CEO until Moers takes over. 
                • Marie Cau, a transgender woman in France, won an election in her village in northern France to become the country's first openly transgender mayor.
                • Former Chief Justice of Himachal Pradesh High Court and former acting Governor of Himachal Pradesh, Justice Viswanathan Rattanam (87) passed away due to coronavirus. 
                Awards & Honors
                • Indian Army Major Suman Gawani will be the 1st Indian recipient of the UN Military Gender Advocate award.
                  • She had been serving as a UN peacekeeper in South Sudan since 2018.
                • Indian-American scientist Rajiv Joshi has bagged the "Inventor of the Year Award" in recognition of his "pioneering work in advancing the electronic industry and improving artificial intelligence capabilities" by the New York Intellectual Property Law Association. 
                  • Joshi has more than 250 patented inventions in the US and he works at the IBM Thomson Watson Research Center in New York.
                    sponsored links

                    Meet the new President of New Development Bank (NDB) - Marcos Troyjo

                    Leave a Comment
                    India's KV Kamath's five-year term as the president of the New Development Bank (NDB) came to an end today. He is going to be replaced by Marcos Troyjo of Brazil, as the new President of NDB. Elections for the post were held during a special meeting of the bank’s board of governors today. Marcos is currently working as Brazil's Deputy Minister of the Economy and also in charge of Foreign Trade & International Affairs. He is Brazil's Alternate Governor at the Inter-American Development Bank (IADB) and a representative at board level in many other multilateral development institutions.

                    India’s Anil Kishora has been appointed as NDB’s new Vice-President and Chief Risk Officer. Kamath, who took over in 2015, was responsible for the bank’s swift response in launching the Covid-19 Emergency Programme Loan product. Finance minister Nirmala Sitharaman, who attended the meeting, commended the NDB on funding infrastructure and other projects that positively impacted the development agenda of its member-nations, including India. 

                    About NDB
                    The New Development Bank, which was earlier BRICS Development Bank, was established by the BRICS States (Brazil, Russia, India, China and South Africa). Since its establishment in 2014, the NDB has approved an amount of $16.6 billion for 55 projects. The idea for setting up the bank was proposed by India to the BRICS nations in 2012, after which it was set up with headquarters in Shanghai. 

                    Note : India's Anil Kishora will be the new vice-president of NDB.

                    sponsored links

                    May 25, 2020

                    24th & 25th May 2020 Daily Current Affairs

                    Leave a Comment
                    Dear Great Ambitionists, here are the current affairs of 24th & 25th May 2020. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                    Daily Current Affairs of 24th & 25thMay 2020

                    International Current Affairs
                    • Brazil has surpassed Russia to report the second-highest cases of coronavirus globally after it reported 16,508 new virus cases in the past 24 hours, taking the total cases to over 3.47 lakh. 
                      • Brazil reported 965 deaths from coronavirus during the same period, increasing the nationwide death toll to 22,013. 
                      • Brazil is the worst coronavirus-hit country in Latin America.
                    National Current Affairs
                    • Eid-ul-Fitr is being celebrated across the country today. 
                      • The festival heralding the end of the fasting month of Ramzan was celebrated in Jammu and Kashmir and Kerala yesterday.
                      • Shahi Imam of Delhi Jama Masjid Sayyed Ahmad Bukhari has appealed to people not to come to mosques to offer prayers and offer namaz at home in view of the pandemic. 
                      • This is perhaps the 1st time when there will be no mass namaz at mosques and idgahs across the country as all kinds of religious gatherings have been prohibited to prevent the spread of coronavirus.
                    • India is now among 10 countries with worst coronavirus case count as the number of coronavirus cases in the country rose to 1,38,845 today. 
                      • India surpassed Iran which has 1,35,701 coronavirus cases.
                      • Top 10 Countries :
                        • The US
                        • Brazil
                        • Russia
                        • The UK
                        • Spain
                        • Italy
                        • France
                        • Germany 
                        • Turkey 
                        • India
                    • In order to provide employment to the migrant labourers returning to the state amid coronavirus lockdown, UP government has decided to set up a 'Migration Commission'. 
                    • The Andhra Pradesh HC has passed an interim order to seize the premises of LG Polymers after the gas leak at its chemical plant in Vizag killed at least 11 people. 
                      • No individual, including the company's executives, would be allowed to enter the premises. 
                      • Moreover, no assets would be allowed to be moved without permission from the court.
                    • To commemorate the 115th Birth Anniversary of Ramkinkar Baij on 26th May 2020, the Ministry of Culture’s National Gallery of Modern Art will organise virtual tour titled “Ramkinkar Baij | Journey through silent transformation and expressions”. 

                    Banking and Economy Current Affairs
                    • Procurement of wheat by the government agencies surpassed last year’s figures of 341.31 Lakh Metric Tonnes (LMT) to touch 341.56LMT on 24th May 2020, surmounting all impediments created due to the spread of COVID-19 virus and the country wide lockdown. 
                    • The World Bank has agreed to grant Pakistan a $500 million loan to help it reduce the impact of coronavirus crisis and improve healthcare quality. 
                      • The country will repay the loan in 30 years, which is provided by the institution's arm – the International Development Association. 
                      • Note : Pakistan's public debt-to-GDP ratio is expected to increase from 85% to 90% of GDP.
                    Science & Technology
                    • The Indian Air Force (IAF) is set to operationalize its squadron called the Number-18 - Flying Bullets with a fleet of the Light Combat Aircraft, LCA Tejas at its Sulur base near Coimbatore. 
                      • It will be launched by the Chief of the Air Staff, Air Chief Marshal R K S Bhadauria on Wednesday.
                      • It will be the second Indian Air Force squadron to operate with the modern multi-role light fighter aircraft.
                    • In the Union Territory of Jammu and Kashmir, Adviser to Lieutenant Governor Baseer Ahmad Khan inaugurated a first of it’s kind Infectious Disease Block facility at Sher-e-Kashmir Institute of Medical Sciences (SKIMS) at Soura in Srinagar today for the treatment of COVID-19 and other pathologies infected patients.

                    People in News
                    • Benjamin Netanyahu has became the 1st serving Israeli PM to go on trial
                      • He faces charges of bribery, fraud and breach of trust.
                    New Appointments
                    • The Pakistan Cricket Board (PCB) is set to appoint former spinner Saqlain Mushtaq as coach for international players at the National High Performance Centre in Lahore. 
                      • Saqlain, who picked 208 wickets in 49 Tests and 288 wickets in 169 ODIs, has previous experience of having been with the England, West Indies and New Zealand teams as spin bowling coach/consultant.

                    • Indian hockey legend and 3-time Olympic gold medallist Balbir Singh Sr (96) passed away. 
                      • He holds the record for most goals scored by an individual in men’s hockey final at the Olympics.
                     Download January 2020 Month's Current Affairs PDF File from HERE 
                      sponsored links

                      May 23, 2020

                      23rd May 2020 Daily Current Affairs

                      Leave a Comment
                      Dear Great Ambitionists, here are today's (23rd May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                      Daily Current Affairs of 23rd May 2020

                      International Current Affairs
                      • Today (23rd May) is World Turtle Day.
                        • The purpose of this day is to bring attention to, and increase knowledge of and respect for, turtles and tortoises, and encourage human action to help them survive and thrive.
                        • World Turtle Day 2020 Theme American Tortoise Rescue
                      National Current Affairs
                      • As many as 6,654 coronavirus cases were confirmed in India in the last 24 hours, marking the biggest one-day jump so far and taking the total number of cases to 1,25,101
                        • Meanwhile, 137 deaths have been recorded in the last 24 hours, taking the death toll to 3,720. 
                        • Out of the total cases, 69,597 cases are active.
                      • To provide job to every labourer, Madhya Pradesh CM Shivraj Singh Chouhan today launched the Shram Siddhi campaign in every Panchayat. 
                        • Job cards will be given to labourers after a door-to-door survey and then they will be given jobs. 

                      May 22, 2020

                      22nd May 2020 Daily Current Affairs

                      Leave a Comment
                      Dear Great Ambitionists, here are today's (22nd May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                      Daily Current Affairs of 22nd May 2020

                      International Current Affairs
                      • Today (22nd May) is International Day for Biological Diversity.
                        • The United Nations has proclaimed May 22 The International Day for Biological Diversity (IDB) to increase understanding and awareness of biodiversity issues.
                        • Theme of International Day for Biological Diversity 2020 : "Our Solutions Are In Nature"
                      • The White House said that China is engaged in provocative and coercive military and paramilitary activities with neighbouring countries including India
                        • "Beijing's actions belie Chinese leaders' proclamations that they...are committed to resolving disputes through peaceful dialogue," it added in its report. 
                        • Note : Earlier, a top US diplomat backed India's move to strongly resist Chinese aggression.
                      National Current Affairs
                      • As many as 6,088 coronavirus cases were confirmed in India in the last 24 hours, marking the biggest one-day jump so far and taking the total number of cases to 1,18,447
                        • Meanwhile, 148 deaths have been recorded in the last 24 hours, taking the death toll to 3,583. Out of the total cases, 66,330 cases are active.
                      Banking, Business & Economic Affairs
                      • RBI's Monetary Policy Committee has cut the repo rate by 40 basis points to 4%, Governor Shaktikanta Das announced today. Highlights :
                        • Repo rate cut by 40 basis points
                        • Reverse Repo gets adjusted to 3.35 percent.
                        • Loan moratorium extended for 3 months
                        • India GDP growth in 2020-21 is estimated to remain in negative territory.
                      • The RBI has extended a ₹15,000-crore line of credit to the Export-Import Bank of India (EXIM Bank) for a period of 90 days to help meet its foreign exchange requirements amid the coronavirus pandemic. 
                        • The line of credit has a rollover of up to one year to enable the EXIM Bank to avail a US dollar swap facility.
                      • New Zealand may distribute free cash directly to individuals as a way of policy stimulus to help boost the economy reeling from a COVID-19 pandemic driven contraction, Finance Minister Grant Robertson announced today. 
                      • China will not set an economic growth target for the current year due to the "great uncertainty" caused by coronavirus pandemic, Premier Li Keqiang announced. 
                        • It's the first time that Beijing hasn't set a gross domestic product (GDP) target since 1990 when records began. 
                        • Note : The world's second-largest economy shrank by 6.8% in the first quarter, the first contraction since 1976.
                      • After Twitter, Canadian e-commerce website Shopify has also announced that it will allow its employees to work from home permanently
                      • India Post has resumed booking for international speed post to 15 countries and international tracked packet services to already available destinations amid COVID-19 pandemic.
                      • India and Bangladesh have added 5 new ports of call on either sides and increased protocol routes from 8 to 10 to boost trade. 
                        • The two countries signed the Second Addendum to Protocol on Transit and Trade through inland waterways in Dhaka yesterday. 
                        • The Sonamura (Tripura)-Daudkandi (Bangladesh) stretch of Gumti river was included as route number 9 and 10.
                      • Ministry of Textiles today announced that India has become world's second-largest manufacturer of personal protective equipment body coveralls, next only to China, within two months. 
                      • Franklin Templeton Trustee Services has appointed Kotak Mahindra Bank as an adviser to assist the mutual fund in monetising portfolios of six debt schemes that were shuttered in April.
                      New Appointments
                      • Health Minister Dr Harsh Vardhan today took charge as the Chairman of the World Health Organization (WHO) Executive Board
                        • He has replaced Dr Hiroki Nakatani of Japan, who formerly headed the 34-member WHO Executive Board. 
                        • Note : Earlier this week, India was elected to the WHO Executive Board along with nine other nations.
                      • The Vodafone Group has named Heineken CEO Jean-Francois Van Boxmeer as its new chairman. 
                        • He will take over from November 2020 and will replace Gerard Kleisterlee.
                          sponsored links

                          RBI cuts Repo Rate by 40 basis points to 4% : Highlights

                          Leave a Comment
                          The Monetary Policy Committee of the Reserve Bank of India (RBI) headed by Governor Shaktikanta Das has cut the Repo rate by 40 basis points to 4% from 4.40%.  Repo rate is the rate at which banks borrow from the RBI. RBI last reduced the repo rate by 75 bps on 22nd March 2020 as the lockdown started. The Reverse repo rate is now at 3.35% and the Bank rate stands reduced to 4.25%. The MPC was forced to meet ahead of its 3-5 June scheduled meeting as liquidity continued to be tight in the money market, despite the central banks' previous steps of cutting interest rates and various policy measures. Here are the major highlights of Today's RBI Governor Press Conference.

                          • Repo rate cut by 40 basis points
                          • Reverse Repo gets adjusted to 3.35 percent.
                          • Loan moratorium extended for 3 months
                          • Headline inflation could stay firm in first half of 2020, but soften thereafter. If inflation trajectory evolves as expected, space will open up for more rate cuts.
                          • India GDP growth in 2020-21 is estimated to remain in negative territory.
                          • Regulatory measures to support exports, imports, states.
                          • Term loan moratorium extension for another three months till August 31.
                          • Accumulated interest for moratorium period can be converted into a term loan. It does not have to be repaid immediately after moratorium ends
                          • Group exposure limit for lenders increased to 30 percent from 25 percent
                          • Note : 1 bps is one hundredth of a percentage point.

                          sponsored links

                          May 21, 2020

                          21st May 2020 Daily Current Affairs

                          Leave a Comment
                          Dear Great Ambitionists, here are today's (21st May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                          Daily Current Affairs of 21st May 2020

                          International Current Affairs
                          • Today (21st May) is World Day for Cultural Diversity for Dialogue and Development.
                            • This day is a United Nations–sanctioned international holiday to help people learn about the importance of cultural diversity and harmony.
                          • The positive coronavirus cases have crossed 5 million globally, while the number of deaths due to it has exceeded 3,28,100.
                            • At least 188 countries/regions have reported cases and over 18,99,300 patients have recovered globally.
                            • The US has recorded the most number of coronavirus cases, followed by Russia and Brazil.
                          • The Chinese city of Wuhan, where coronavirus was first detected, has imposed a ban on wildlife trade and consumption for 5 years. 
                            • Hunting wild animals without a valid reason, such as scientific research, has also been prohibited. 
                          • Cambridge University has become the 1st British university to cancel all face-to-face lectures until summer 2021 due to 'rigid social distancing'.  
                            • Lectures will be live-streamed and will also be recorded and uploaded for students to view in their own time.
                          National Current Affairs
                          • Anti-Terrorism Day being observed across India today (21st May 2020).
                            • Former Prime Minister of India, Rajiv Gandhi, was assassinated by a female suicide bomber on this day (21st May) 1991, while conducting an election campaign in Sriperumbudur in Tamil Nadu. 
                            • The bomb attack was carried out by Thenmozhi Rajaratnam, also known as Dhanu, who was reportedly a member of the Sri Lankan militant organisation Liberation Tigers of Tamil Eelam (LTTE).

                          May 20, 2020

                          20th May 2020 Daily Current Affairs

                          Leave a Comment
                          Dear Great Ambitionists, here are today's (20th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                          Daily Current Affairs of 20th May 2020

                          International Current Affairs
                          • UN Secretary-General Antonio Guterres has suggested world leaders to send video statements for the world body's 75th annual September meeting this year as there is 'high unlikely' chances that they will be able to travel to New York, the UN Headquarters during the Corona virus pandemic.
                            • Note : This year was expected to bring an especially large number of leaders to the UN headquarters to celebrate the founding of the United Nations in 1945 on the ashes of World War II.
                          National Current Affairs
                          • The India Meteorological Department (IMD) has announced that Cyclone Amphan has crossed West Bengal-Bangladesh coasts between Digha (West Bengal) and Hatiya Islands (Bangladesh) close to Sunderbans. 
                            • As per IMD, the cyclone is expected to make the landfall with a maximum sustained wind speed of 155-165 kmph gusting to 185 kmph.
                          • The number of people who have benefitted under the Centre's Ayushman Bharat Scheme has crossed the one crore-mark, Prime Minister Narendra Modi announced today. 
                            • He also had a telephone interaction with the 1 croreth beneficiary, Pooja Thapa from Meghalaya.
                          • Union Cabinet has approved Pradhan Mantri Matsya Sampada Yojana.
                            • The scheme aims to bring about Blue Revolution through sustainable and responsible development of fisheries section in the country.
                            • It will be implemented at a total investment over Rs. 20 thousand crore .
                            • The investment will comprise of Central share of 9 thousand 407 crore rupees, State share of Rs. 4,880 crore and beneficiaries' share of Rs 5,763 crore.
                            • The scheme will be implemented during a period of five years from 2020-21 to 2024-25. The scheme will address the critical gaps in the fisheries sector and realize its potential.
                          • Union Cabinet has approved extension of Pradhan Mantri Vaya Vandana Yojana (PMVVY) for the welfare of and to enable old age income security for senior citizens.
                            • The scheme has been extended up to 31st March, 2023 for further period of three years beyond 31st March, 2020.
                            • PMVVY is a social security scheme for senior citizens intended to give an assured minimum pension to them based on an assured return on the purchase price or subion amount.
                          Banking, Business & Economic Affairs
                          • Facebook has launched a new feature called 'Shops' to let small businesses set up a single online store on the platform and Instagram for free to help them amid the COVID-19 crisis. 
                            • The shops will be supported by third-party software like Shopify and BigCommerce. 
                            • The stores will be visible on Instagram profiles, Facebook's business pages and through targetted ads.
                          • US healthcare conglomerate Johnson & Johnson has announced it would stop selling its talcum-based baby powder in the US and Canada, citing a decline in demand. 
                            • The move comes as J&J faces over 16,000 lawsuits from consumers claiming its talc products, including Johnson's Baby Powder, caused their cancer.
                          • Union Cabinet today given approval to the proposal of the Ministry of Finance to launch a new Special Liquidity Scheme for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) to improve liquidity position of the NBFCs or HFCs.
                            • The direct financial implication for the Government is five crore rupees, which may be the equity contribution to the Special Purpose Vehicle, SPV. 
                            • Beyond that, there is no financial implication for the Government until the Guarantee involved is invoked.
                          • Union Cabinet today gave its approval to a new Centrally Sponsored Scheme named Scheme for Formalization of Micro Food Processing Enterprises for the Unorganized Sector on All India basis with an outlay of Rs. 10 thousand crore.
                            • Important Note : The expenditure will be shared by Centre and the States in ratio of 60:40.
                            • Objectives of the scheme :
                              • To increase in access to finance by micro food processing units.
                              • Increase in revenues of target enterprises, enhanced compliance with food quality and safety standards.
                              • Strengthening capacities of support systems and transition from the unorganized sector to the formal sector.
                              • Special focus on women entrepreneurs and aspirational districts.
                              • Encourage Waste to Wealth activities and focus on minor forest produce in tribal districts.
                          Recent Committees in News
                          • 15th Finance Commission has reconvened its high level group on Health Sector.
                            • The decision comes in wake of the COVID-19 pandemic and the necessity to formulate the way ahead to handle similar health challenges in the country.
                            • The high level group, which is headed by Director, All India Institute of Medical Sciences (AIIMS), Delhi Dr. Randeep Guleria, will also now have Dr. S K Sarin, Director, Institute of Liver and Biliary Sciences and Dr. Harsh Mahajan, Founder of Mahajan Imaging.
                            • The high level group of the Finance Commission will review its original recommendations in the context of the current COVID-19 pandemic.
                            • It will also reassess the requirement of health manpower and estimated requirement of resources for the next five years in the country.
                          Science & Technology
                          • The Ministry of New and Renewable Energy (MNRE) has taken up the Complete Solarisation of Konark sun temple and Konark town in Odisha
                            • The Government of India  launched the Scheme with an objective to take forward the Prime Minister’s vision to develop the historical Sun temple town of Konark in Odisha as 'Surya Nagri', to convey a message of synergy between the modern use of solar energy and the ancient Sun Temple and the importance of promoting solar energy..
                            • The Scheme will meet all the energy requirements of Konark town with solar energy.
                          New Appointments
                          • The Union Health Minister Harsh Vardhan is reportedly set to take charge as the Chairman of the WHO Executive Board on May 22. 
                            • Vardhan would replace Japan's Hiroki Nakatani.
                          Sports Current Affairs
                          • Haryana Government today announced that under the guidelines issued by the Ministry of Home Affairs for containment of COVID-19, all Sports Complexes and Stadiums in the state have been permitted to open.
                              sponsored links

                              May 19, 2020

                              19th May 2020 Daily Current Affairs

                              Leave a Comment
                              Dear Great Ambitionists, here are today's (19th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                              Daily Current Affairs of 19th May 2020

                              International Current Affairs
                              • India was today elected to the WHO's Executive Board
                                • Botswana, Colombia, Ghana, Guinea Bissau, Madagascar, Oman, Republic of Korea, Russia and the UK are the other nations elected to the Executive Board. 
                                • The main functions of the Executive Board are to give effect to the decisions and policies of Health Assembly, to advise it and to facilitate its work.
                              • South Korea's Centre for Disease Control (KCDC) has announced that coronavirus patients who test positive for the virus after recovering aren't capable of transmitting the infection
                                • The KCDC investigated 790 people who had come into contact with 285 patients who tested positive again post-recovery.
                              • US President Donald Trump has threatened to make his temporary freeze of US funding to WHO permanent if "WHO doesn't commit to major substantive improvements within the next 30 days" in light of its response to coronavirus. 
                                • He also said he will reconsider US' membership in the organisation.
                              National Current Affairs
                              • As many as 4,970 coronavirus cases were confirmed in India in the last 24 hours, taking the total number of cases in the country to 1,01,139
                                • Important Note : India's cases doubled to over one lakh from 50,000 in 12 days. This is more than twice the number of days when compared to the US and Spain, as per statistics by Worldometers. 
                              • Punjab government has decided to broadcast the curriculum of state-run schools on DD Punjabi channel
                                • The decision has been taken to prevent students from loss of studies due to the lockdown.
                                • The timing of the telecast for students of Class 10 will be 11.15 am to 1.45 pm, starting from May 19.
                              • The Odisha and West Bengal governments have started evacuating vulnerable people from coastal areas amid the warning of strong winds and heavy rains due to cyclone Amphan
                                • The National Disaster Response Force (NDRF) has deployed 37 teams in the coastal areas of the two states. The cyclone is expected to make landfall on May 20 afternoon.
                              Banking, Business & Economic Affairs
                              • Attackers have launched a trojan malware campaign to target co-operative banks by using COVID-19 as a decoy to send phishing emails claiming to be from RBI or a nationalised bank, Seqrite reported. 
                                • The email consists of COVID-19 guidelines with an attachment containing the malware. 
                                • The malware can take over users' devices, steal their information and carry out financial fraud.
                              • India has contributed $2 million to the United Nations Relief and Works Agency (UNRWA) for Palestine Refugees to support the agency's core programmes amid the coronavirus crisis. 
                                • India had increased its contribution to UNRWA from $1.25 million in 2016 to $5 million in 2018 and 2019 and pledged another $5 million for 2020.
                              Science & Technology
                              • Health and Family Welfare Minister, Dr. Harsh Vardhan today announced that National Chemical Laboratory, Pune has designed face masks that can filter out up to 99.9 per cent bacteria and 92.6 percent of the particulate.
                                • These masks are made up of hydrophobic polypropylene a medical grade cloth suitable for blocking droplets containing corona virus.
                              New Appointments
                              • Kevin Mayer, the Chairman of Disney's direct-to-consumer and international business, is stepping down to become the 1st CEO of video-sharing app TikTok.
                                • He has also been named as the COO of TikTok's Chinese parent firm ByteDance. 
                              • National Award-winning Marathi writer Ratnakar Matkari (81), passed away due to COVID-19
                                • The  director-producer, who was considered a pioneer of children's drama movement in Marathi, was cremated at Mumbai's Bhoiwada crematorium on Monday in the presence of his family members. Matkari's work included 39 plays, 20 books on short stories, 13 novels and 16 children's full-length plays.
                              Awards & Honors
                              • US President Donald Trump honoured a 10-year-old Indian-American girl, Sravya Annappareddy, for donating cookies to nurses and firefighters and sending personalised greeting cards to healthcare workers amid COVID-19 pandemic. 
                                • Sravya was among the three 10-year-old Girl Scouts honoured by Trump for their help. 
                              • 6 cities have been awarded the 5-Star rating in 'Garbage Free Cities Rating' by the government. 
                                • The cities include Ambikapur, Rajkot, Surat, Mysuru, Indore and Navi Mumbai
                                • Note : The Star Rating Protocol was launched by the government in January 2018 to institutionalise a mechanism for cities to achieve Garbage Free status and to motivate cities to achieve higher degrees of cleanliness.
                              Sports Current Affairs
                              • Anil Kumble-led ICC Cricket Committee has recommended that use of saliva to shine the ball should be prohibited due to an elevated risk of transmission of coronavirus through saliva. 
                                • As per the medical advice, sweat will be allowed to shine the ball, the committee added. 
                                • Further, non-neutral match officials should be permitted "in short term" due to logistics, it recommended.
                                  sponsored links

                                  Attackers target Co-operative Banks using Covid 19 Trojan Malware

                                  Leave a Comment
                                  Researchers at Seqrite, the enterprise arm of IT security firm Quick Heal Technologies, have warned that the attackers have launched a Trojan Malware campaign titled Adwind Java Remote Access Trojan (RAT) Campaign to target Co-Operative Banks in India.  If attackers are successful, they can take over the victim’s device to steal sensitive data like SWIFT logins and customer details and move laterally to launch large scale cyberattacks and financial frauds.

                                  What is Adwind Java Remote Access Trojan (RAT) campaign and How they Hack Bank's Computers ?

                                  Attackers are sending phishing emails using COVID-19 as a decoy. Those emails claiming to be from the Reserve Bank of India (RBI) or any other Nationalised bank with the title consisting "COVID-19 guidelines or a Financial Transaction" with an attachment zip file containing a JAR based malware. The malware can take over users' devices, steal their information and carry out financial fraud.  The JAR based malware is a Remote Access Trojan that can run on any machine which has Java runtime enabled and hence it can impact a variety of endpoints, irrespective of their base operating system.

                                  Once the Remote Access Trojan (RAT) is installed, the attacker can take over the victim’s device, send commands from a remote machine, and spread laterally in the network. In addition, this malware can also log keystrokes, capture screenshots, download additional payloads, and extract sensitive user information, Seqrite said, adding that such attack campaigns can effectively jeopardize the privacy and security of sensitive data at the co-operative banks and result in large scale attacks and financial frauds.

                                  How to Prevent These Malware Attacks ?

                                  To prevent such attacks, users need to exercise ample caution and avoid opening attachments and clicking on web links in unsolicited emails.  Banks should also keep their operating systems updated and have a full-fledged security solution installed on all the devices. They need to check the email of the sender properly (whether it is from the official sender who claims to be) before clicking on them.

                                  sponsored links

                                  May 18, 2020

                                  18th May 2020 Daily Current Affairs

                                  Leave a Comment
                                  Dear Great Ambitionists, here are today's (18th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                                  Daily Current Affairs of 18th May 2020

                                  International Current Affairs
                                  • Today (18th May 2020) is the International Museum Day.
                                    • This day is observed every year to raise awareness on how important museums are in the development of society.
                                    • Theme of International Museum Day 2020 : "Museums for Equality: Diversity and Inclusion"
                                  • India is among 62 countries that have moved a proposal at the World Health Assembly to "identify the zoonotic source" of coronavirus
                                    • The countries have also asked for an "impartial, independent and comprehensive evaluation" to review experience gained and lessons learned from the WHO-coordinated international health response to COVID-19. 
                                    • The proposal is part of a seven-page draft resolution.
                                  • Cyclone Amphan, that has been circling over the Bay of Bengal, is likely to intensify further into a "super cyclonic storm" in the next 12 hours, the IMD said. 
                                    • In Odisha, Amphan is likely to trigger heavy rainfall in some parts from today onwards. 
                                  • Israel's parliament has approved PM Benjamin Netanyahu's new unity government with former rival Benny Gantz, ending over a year of political deadlock after three inconclusive elections. 
                                    • Netanyahu will be the PM for 18 months before handing over to Gantz. 
                                    • The new government was ratified by 73 of 120 members of the Israeli parliament.
                                  • Afghan President Ashraf Ghani and his rival Abdullah Abdullah signed a power-sharing deal to end a months-long political stalemate.
                                    • Abdullah would lead the council for peace talks with the Taliban and his team members would be included in cabinet.

                                  May 17, 2020

                                  17th May 2020 Daily Current Affairs

                                  Leave a Comment
                                  Dear Great Ambitionists, here are today's (17th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                                  Daily Current Affairs of 17th May 2020

                                  International Current Affairs
                                  • Today (17th May) is World Telecommunication and Information Society Day (WTISD 2020).
                                    • This day was proclaimed to be on 17 May by United Nations General Assembly resolution, following the 2005 World Summit on the Information Society in Tunis. 
                                    • ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Theme of WTISD 2020 :  "Connect 2030: ICTs for the Sustainable Development Goals
                                  • India has provided 30,000 Pathodetect COVID-19 Qualitative RT PCR Test Kits to Nepal
                                    • Ambassador of India to Nepal, Vinay Mohan Kwatra handed over test kits to Nepal’s Health and Population Minister, Bhanubhakta Dhakal in Kathmandu today. 
                                    • The consignment, as a gift from the people of India to people of Nepal, will enable Nepali Health Professionals to conduct PCR test on 30,000 people.

                                  May 16, 2020

                                  16th May 2020 Daily Current Affairs

                                  Leave a Comment
                                  Dear Great Ambitionists, here are today's (16th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                                  Daily Current Affairs of 16th May 2020

                                  International Current Affairs
                                  • Today is International Day of Living Together in Peace
                                    • In 2017, the United Nations declared this Day to promote peace, tolerance, inclusion, understanding, and solidarity across the world.
                                  • United States President Donald Trump has announced that the US will donate ventilators to India. 
                                    • He also underlined the close partnership between the two countries and called Prime Minister Narendra Modi his good friend.
                                    • The president also announced that both states are cooperating to develop a vaccine for COVID-19. 
                                    • Note : At Trump's request, India had last month allowed the export of 50 million Hydroxychloroquine tablets to treat COVID-19 patients in America, the country worst hit by the pandemic.
                                  • The German parliament has passed a law making the burning of flags from foreign countries, including that of the European Union, a punishable offence. 
                                    • Under the new law, which was spurred on by lawmakers after protesters burned Israeli flags on the streets of Berlin, violators can receive up to three years in prison.

                                  May 15, 2020

                                  15th May 2020 Daily Current Affairs

                                  Leave a Comment
                                  Dear Great Ambitionists, here are today's (15th May 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

                                  Daily Current Affairs of 15th May 2020

                                  National Current Affairs
                                  • Union Health Minister Dr. Harsh Vardhan today chaired the 15th meeting of Group of Ministers (GoM) on COVID-19 in New Delhi. 
                                    • During the meeting, the GoM had in depth deliberation on containment strategy and management aspects of COVID-19, as well as the measures being taken by Centre and various states.
                                    • The GoM was informed that there are 30 municipal areas which constitute 79 percent of India’s case load. 
                                    • It also discussed that focus of COVID-19 management strategy needs to be on the states with highest number of confirmed cases and highest number of fatalities, and on treatment and case fatality management.
                                    • Note : As on today, a total of 8,694 facilities comprising of 919 dedicated COVID hospitals, 2,036 COVID Health Centres and 5,739 COVID Care Centres are available.
                                  Banking, Business & Economic Affairs
                                  • India's fiscal deficit may expand to 7.9% in the current financial year from the previous estimate of 3.5% of the GDP, a report released by the State Bank of India (SBI) said. 
                                    • Problems of sustainable debt limit will arise with an increase in deficit, it added. 
                                    • There will be a 4.5% direct impact on deficit due to revenue shortfall and 0.9% indirect impact because of GDP change.
                                  • Finance Minister Nirmala Sitharaman has said the government will immediately create a ₹1 lakh crore fund for agri infrastructure projects at farm-gate and aggregation points like primary co-operative societies and producers' organisations. 
                                  • The government will launch Pradhan Mantri Matsya Sampada Yojana (PMMSY) for integrated, sustainable, inclusive development of marine and inland fisheries. 
                                    • An estimated ₹11,000 crore will be earmarked for marine, inland fisheries and aquaculture, while ₹9,000 crore will be allocated for infrastructure related to fishing harbours, cold chains, markets, etc.
                                  • An Animal Husbandry Infrastructure Development Fund worth ₹15,000 crore will be created by Govt. 
                                    • It aims to support private investment in Dairy Processing, value addition and cattle feed infrastructure. Further, incentives will be given for establishing plants for the export of niche products.
                                  • The government today allocated ₹4,000 crore for promotion of herbal cultivation
                                    • 10,00,000 hectare will be covered under herbal cultivation in next two years. 
                                    • It will lead to ₹5,000-crore income generation for farmers. T
                                  • The government today announced a ₹10,000-crore scheme for formalisation of Micro Food Enterprises (MFEs)
                                    • It will be launched to help 2 lakh MFEs. Existing micro food enterprises, farmer producer organisations, self help groups and cooperatives will be supported under the scheme. 
                                  • Finance Minister Nirmala Sitharaman on Friday announced an allocation of ₹500 crore for beekeeping initiatives that is expected to benefit two lakh beekeepers in rural areas. 
                                    • The government will implement a scheme for infrastructure development related to integrated beekeeping development centres, collection, marketing and storage centres, and post-harvest facilities, among others.
                                  • The World Bank has approved $1 billion aid to support India's efforts at providing social assistance to the poor and vulnerable households impacted by the COVID-19 pandemic. 
                                    • It had announced $1 billion support last month for India's health sector. 
                                  • Embattled liquor tycoon Vijay Mallya has exhausted all his legal options in the UK after his application for permission to appeal his extradition in the Supreme Court was rejected yesterday. 
                                    • The ruling would mean Mallya has to be extradited to India within 28 days.
                                  • Indian Potash Limited (IPL), A PSU under the department of fertilizers ministry of chemicals and fertilizers has decided to cut the price  of Muriate of Potash (MOP)from the present level of Rs.19000 per MT to 17500 per MT i.e a reduction of  Rs. 75 per bag w.e.f  18th may 2020.
                                    • About MOP
                                      • Muriate of potash, also known as potassium chloride is essential for plant growth and quality. 
                                      • It plays a vital role in the production of proteins and sugars. 
                                      • It also protects against draught by maintaining plants water content which in turn is a benefit for photosynthesis as leafs maintain their shape and vigor.
                                  • In order to give a boost to domestic defence and aerospace manufacturing, Defence Minister Rajnath Singh has approved the launch of  Defence Testing Infrastructure Scheme (DTIS) with an outlay of Rs 400 crore for creating state of the art testing infrastructure for this sector. 
                                    • The Scheme would run for the duration of five years and envisages to setup six to eight new test facilities in partnership with private industry. 
                                    • This will facilitate indigenous defence production, consequently reduce imports of military equipment and help make the country self-reliant.
                                  MOUs & Agreements
                                  • Government of India, West Bengal Government and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agreement for a 145 million dollar project to improve irrigation services and flood management in the Damodar Valley Command Area in West Bengal.
                                  • Noted literary personality, educationist and national Professor Anisuzzaman (83) passed away in Dhaka today.
                                    • He was a reputed scholar and leading intellectual of Bangladesh who made great contribution in the field of Bangla language and literature.
                                    • The multi faceted Prof. Anusuzzaman was the President of Bangla Academy since 2012.
                                  • Former underworld don Muthappa Rai (68), who had turned to social activism in the recent years, passed away in Bengaluru after a year-long battle with brain cancer.
                                  Science & Technology
                                  • Defence Minister Rajnath Singh commissioned Indian Coast Guard Ship (ICGS) Sachet and two interceptor boats (IBs) C-450 and C-451 in Goa via video conference today. 
                                    • The ICGS Sachet, the 1st in the series of five offshore patrol vessels (OPVs) has been designed & built indigenously by Goa Shipyard Limited (GSL) and is fitted with state-of-the-art navigation and communication equipment.
                                  • Facebook CEO Mark Zuckerberg today announced that Facebook's video-conferencing tool, Messenger Rooms, is now available to users in US, Canada and Mexico. 
                                    • It will be available to all users globally in the next week. 
                                    • Messenger Rooms can host up to 50 participants and can be created for free across Messenger and Facebook.
                                  • IIT-Kanpur along with ALIMCO (Artificial Limbs Manufacturing Corporation of India) developed Techno Advanced Disinfectant Tunnel to disinfect external surfaces and public places of coronavirus. 
                                    • The fully automated tunnel is fitted with ultrasonic sensors and includes 3 disinfection processes. 
                                    • The tunnel uses disinfectant spray as well as heat for the purpose and also exposes people to UV treatment.
                                  People in News
                                  • Roberto Azev√™do, the Director-General of World Trade Organization (WTO), has announced he will step down on 31st August 2020, a year before his term ends. 
                                  Sports Current Affairs
                                  • Tribal Affairs Minister Arjun Munda has launched the “GOAL (Going Online As Leaders)" programme of his Ministry in partnership with Facebook at a Webinar in New Delhi today. 
                                    • The GOAL programme is designed to provide mentorship to tribal youth through digital mode
                                    • The digitally enabled programme envisages to act as a catalyst to explore hidden talents of the tribal youth, which will help in their personal development as well as contribute to all-round upliftment of their society.
                                      sponsored links
                                      Related Posts Plugin for WordPress, Blogger...