International
International
NATIONAL
LCU L54: Indian Navy commissions fourth ship of Landing Craft Utility MK-IV
Indian Navy inducted Landing Craft Utility MK-IV LCU vessel L54 at Port Blair, Andaman & Nicobar Island. It is
fourth of total eighth Mark IV LCU vessels to be inducted into Indian Navy. The Mark IV LCU vessels are further
improved version of Mark III LCU vessels presently being used by Indian Navy. These total 8 vessels under Mark
IV category have been ordered by Indian Navy from GRSE.
Indian Navy conducts security exercise, called Prasthan
The Indian Navy conducted a security exercise, called “Prasthan”, in the Offshore Development Area (ODA) off the
coast of Mumbai.
India’s first solar powered railway station
Guwahati now has India’s first railway station run by solar power. Around 2352 solar modules with a capacity of
generating 700 kwp has been set up over the roof of the Guwahati railway station.
Indore, India’s cleanest city in Swachh Survekshan-2018
As per the Swachh Survekshan-2018 results, Indore has once again emerged as the cleanest city in India. Bhopal has
been ranked 2nd and Chandigarh 3rd in the survey at the national level.
Coast Guard ship Vikram arrives in Mangaluru
Indian Coast Guard vessel Vikram, the first in the class of seven new-generation offshore patrol vessels under the
union government’s ‘Make in India’ initiative, arrived at Mangaluru. The ship is also designed to carry a twin-
engine light and heavy helicopters.
Air Force formally inducts Dakota DC-3 aircraft; Parshuram back in service after 4 decades
Dakota DC-3 aircraft of 1940’s vintage named as ‘Parshuram’ ones again joined Indian Air Force more than four
decades after the fleet was phased out following an illustrious service record.
STATES
HD Kumaraswamy took oath as new Karnataka Chief Minister
The JD(S)-Congress coalition government head HD Kumaraswamy was sworn-in as the New Chief Minister of
Karnataka. Congress Leader G. Parameshwara was sworn in as Deputy Chief Minister.
Gandiv Vijay: Chetak Corps of South Western Command conduct military exercise in Rajasthan
Chetak corps of South Western Command of Indian Army conducted military exercise Gandiv Vijay in Mahajan
field firing ranges of Rajasthan. The exercise was conducted two months to validate their operational plans of
Chetak corps.
Mangaluru is the best in waste management
The Union government has selected Mangaluru as “India’s best city in solid waste management”. It was selected
under the categories of cities having a population between three lakh and 10 lakh under Swachhata Survekshan
2018.
Gujarat Governor given additional charge of MP
Gujarat Governor Om Prakash Kohli was given the additional charge of Madhya Pradesh while the state’s Governor
Anandiben Patel is on leave.
BS Yeddyurappa takes oath as Karnataka CM
BS Yeddyurappa, Karnataka BJP President, was sworn in as Karnataka’s new Chief Minister on ending hours on
uncertainty.
Chhattisgarh to recruit transgender in police
To promote gender equality, Chhattisgarh govt has decided to recruit transgender in the police force. Chhattisgarh is
the first state to recruit transgenders for police.
Justice A K Mittal appointed acting chief justice of Punjab and Haryana HC
Justice Ajay Kumar Mittal has been appointed as the acting chief justice of the Punjab and Haryana High Court. The
appointment comes soon after incumbent chief justice Shivax Jal Vazifdar demitted office at midnight upon his
retirement.
South Western Command conducts exercise Vijay Prahar in Rajasthan
South Western Command of Indian Army is conducting ‘Vijay Prahar’ exercise in Mahajan area close to Suratgarh
in Rajasthan. In this exercise, over 20,000 troops are participating with fighting equipment for couple of weeks to
fine-tune jointmanship with the Indian Air Force.
Kavinder Gupta sworn in as Deputy CM of J & K
Kavinder Gupta, who resigned as the Speaker of Jammu and Kashmir Assembly was sworn-in as the Deputy Chief
Minister of Jammu and Kashmir, replacing BJP colleague Nirmal Singh.
CONFERENCES
5th India CLMV Business Conclave held at Phnom Penh
The Union Ministry of Commerce & Industry along with Ministry of Commerce of Cambodia organized the 5th
India-CLMV Business Conclave.
Pakistan hosted SCO Regional Anti-Terrorist Structure meeting
Pakistan hosted its first ever Shanghai Cooperation Organisation-Regional Anti-Terrorist Structure (SCO-RATS)
legal experts meeting in Islamabad.
Regional Conference on Clean and Renewable Energy held in Bhopal
The Minister of New and Renewable Energy, Govt. of Madhya Pradesh (MP), Shri Narayan Singh Kushwah
inaugurated the one day Regional Conference on the theme of ‘New and Renewable Energy’ in Bhopal, Madhya
Pradesh.
26th BASIC Ministerial meeting of Environment Ministers held in Durban
The 26th BASIC Ministerial Meeting of Environment Ministers was held in Durban, South Africa. The grouping is a
bloc of four countries – Brazil, South Africa, India and China. India was represented by Union Environment
Minister Harsh Vardhan.
SAWEN’s 1st meeting in India
The South Asia Wildlife Enforcement Network (SAWEN), an inter-governmental wildlife law enforcement agency,
held its first-ever meeting in India. Its member countries are India, Bangladesh, Bhutan, Nepal, Sri Lanka and
Afghanistan, Pakistan & Maldives.
Customs and Postal department hold 1st ever Joint conference
Indian Customs and Department of India Posts held a first-ever Joint Conference in Vigyan Bhavan in New Delhi to
deliberate on streamlining of imports and exports by post.
6th U.S – India aviation summit held in Mumbai
In collaboration with the U.S.-India Aviation Cooperation Program and the Government of India, US Trade and
Development Agency (USTDA) is hosted the 6th U.S.-India Aviation Summit in Mumbai, India.
First Apex conference for CEOs of Smart Cities held in Bhopal
The First Apex Conference for CEOs of Smart Cities was held in Bhopal, Madhya Pradesh. It was organised by
Union Urban Affairs Ministry and inaugurated by Minister of State (I/C) for Housing & Urban Affairs.
12th Informal Meeting of SAARC Finance Ministers held in Manila
The 12th informal meeting of SAARC Finance Ministers was held in Manila, Philippines, on the sidelines of the
51st Annual Meeting of Asian Development Bank (ADB). The meeting was attended by the Finance
Ministers/Heads of Delegations from the SAARC member states. Finance Minister of Nepal Yuba Raj Khatiwada
chaired the meeting.
Sri Lanka, India hold 29th International Maritime Boundary line meeting
The 29th International Maritime Boundary Line (IMBL) meeting between India and Sri Lanka was held onboard
Indian Naval Ship ‘Sumithra’ at the Indo-Sri Lanka Maritime Boundary Line off Kankesanthurai.
ECONOMY
CII pegs India’s growth between 7.3-7.7%
Industry chambers Confederation of Indian Industry (CII) expects India’s economy to grow at 7.3-7.7 percent in
2018-19 on the back of “sustained structural reforms”, recovery in global markets and a normal monsoon.
India’s Q4 GDP growth likely at 7.4 percent: ICRA Report
Rating agency ICRA Ltd expects gross domestic product (GDP) growth in the fourth quarter of the fiscal 2017-18 at
7.4% on account of good Rabi crop harvest and improved corporate earnings, up from 7.2% in the third quarter.
WPI inflation rises to 3.18 % in April
According to government data, Inflation based on wholesale prices shot up to 3.18 percent in April on increasing
prices of petrol and diesel as well as fruits and vegetables. The Wholesale Price Index (WPI) based inflation stood at
2.47 per cent in March and 3.85 per cent in April last year.
India’s economy is projected to grow 7.6% in 2018-19: UN WESP
According to UN World Economic Situation and Prospects (WESP), India’s economy is projected to grow 7.6% in
fiscal year 2018-19, making it fastest growing economy in the world. GDP growth in India is expected 7.5 and 7.6%
in fiscal years 2017-18 and 2018-19 respectively.
India to clock GDP growth of 7.7%
India’s GDP is expected to grow by 7.7% in January-March, up from 7.2% in the preceding quarter, says a Nomura
report. According to the report, despite the moderation in March, industrial production growth averaged 6.2% in the
January-March period.
Fitch predicts 7.3% growth rate of India in 2018-19
Credit rating agency Fitch has stated that India’s economic growth will accelerate to 7.3% in the current financial
year (2018-19) and 7.5% in the next fiscal (2019-20).
India fastest growing economy at 7.4% in 2018: IMF
The International Monetary Fund (IMF) reaffirmed that India will be the fastest-growing major economy in 2018,
with a growth rate of 7.4% that rises to 7.8% in 2019 with medium-term prospects remaining positive, according to
the IMF’s Asia and Pacific Regional Economic Outlook report.
India topped list of fastest growing economies
India tops the list of the fastest growing economies in the world for the coming decade and is projected to grow at
7.9% annually, ahead of China & US, According to a Harvard University report.
California surpasses UK to become World’s 5th largest economy
US state California’s economy has surpassed that of the UK to become the world’s fifth largest, according to new
federal data released. With a GDP of $2.7 trillion, California is now only behind the US, China, Japan and Germany.
The UK and India are next on the list, followed by France, Brazil and Italy respectively.
India’s economy likely to grow at 7.3% this fiscal: Report
According to a BMI Research, a Fitch group company, the economic growth in India is expected to strengthen to
7.3% in financial year 2018-19 from 6.6 per cent in fiscal 2017-18, on the back of robust activity from construction,
manufacturing, and services sectors.
Core sector growth slows to 4.1% in March 2018
According to index of eight core industries released by Ministry of Commerce and Industry, core sector growth in
March 2018 slowed to 4.1%, a three-month low due to weak performance in six sectors. Cumulatively, the eight
core sectors grew 4.2% in 2017-18. The growth was 4.8% in the previous fiscal. The previous low was 3.8% in
December 2017.
India to grow at 7.5% in 2018-19
According to a Deutsche Bank report, the Indian economy is likely to clock a GDP growth of 7.5% this financial
year. The report noted that higher global oil prices, risk of an earlier than anticipated rate hike cycle from RBI are
some of the factors that pose downside risk to its baseline GDP estimate.
APPOINTMENTS
Uber promotes India head Amit Jain as APAC Regional GM
Uber said that, it has promoted its India head Amit Jain as regional general manager for Asia Pacific region (APAC)
R K Agrawal appointed President of NCDRC
The Appointments Committee of the Cabinet (ACC) has appointed former Supreme Court Judge Justice R K
Agrawal as President of National Consumer Disputes Redressal Commission (NCDRC). He will succeed Justice D
K Jain, who completed his term.
RBI appoints Sudha Balakrishnan as its first CFO
Sudha Balakrishnan has been named the first Chief Financial Officer of the Reserve Bank of India. Balakrishnan, a
chartered accountant, until recently served as vice-president of National Securities Depository Ltd (NSDL).
Defence secretary gets additional charge as DRDO chief
The government has asked Defence Secretary Sanjay Mitra to hold additional charge of the Defence Research and
Development Organisation (DRDO) after its head S. Christopher’s.
Ramesh Chand Meena elected Chairperson of TRIFED
The General Body meeting of Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED) which
the 11th Board of Directors was reconstituted and the Office Bearers were elected unanimously. Ramesh Chand
Meena was elected as the Chairperson and Smt. Pratibha Brahma was elected as the Vice Chairperson of TRIFED.
President Kovind appoints Odisha, Mizoram Governors
Professor Ganeshi Lal has been appointed as the Governor of Odisha. He will replace Satya Pal Malik. Ganesh Lal
was the national President of discipline committee of BJP in Haryana. Besides, Kummanam Rajasekharan, current
president of Bharatiya Janata Party’s (BJP) Kerala unit, has been appointed to be the Governor of Mizoram. He will
replace incumbent Lt Gen Nirbhay Sharma, who is completing his tenure on May 28.
Barbados elects Mia Mottley as 1st female Prime Minister
The Caribbean island of Barbados has elected Mia Mottley as its first female Prime Minister since gaining
independence from the UK in 1966. Mottley’s Barbados Labour Party won all 30 seats in the country’s Parliament,
coming to power for the first time in a decade.
New Vice Chief of Army Staff
Lt. Gen. Devraj Anbu has been appointed as the new Vice Chief of Army Staff (VCOAS). He is presently GOC-in-
C (General Officer Commanding-in-Chief) Northern Command.
Chandramauli appointed as Chairman of PCI
Justice Chandramauli Kumar Prasad, who was the former Supreme Court Judge has been appointed as the Chairman
of the Press Council of India (PCI) for the second time. The decision was taken by a committee of three members,
headed by Vice President Venkaiah Naidu
Airtel Payments Bank appoints Anubrata Biswas as MD and CEO
Airtel Payments Bank has appointed Anubrata Biswas as its Managing Director and Chief Executive Officer.
Biswas fills the position, which was lying vacant since end-December, after Shashi Arora quit the post. Prior to
joining Airtel Payments Bank, he was the Joint General Manager and Retail Business Head – South India for ICICI
Bank.
Pravin Agrawal appointed BHEL director
Power equipment maker Bharat Heavy Electricals Limited has appointed Pravin L Agrawal as the part-time official
director on its board.
Pawan Singh named RTS Jury chief
India’s former shooter & national coach Pawan Singh has been appointed as the Chairman of Result Timing Score
Jury by the International Shooting Sports Federation for the ISSF World Cup in Munich. With this appointment,
Singh became the first Indian to chair the RTS Jury at a senior World Cup.
NYSE names 1st woman chief in Exchange’s 226-Year history
The New York Stock Exchange (NYSE) has promoted Stacey Cunningham to President, making her the first sole
woman head of the 226-year-old exchange.
Anil Kumar Jha appointed CMD of Coal India
The Appointments Committee of the Cabinet approved the appointment of Mahanadi Coalfields chief Anil Kumar
Jha as Chairman and Managing Director (CMD) of Coal India. Jha had replaced Coal Ministry’s Additional
Secretary Suresh Kumar.
Gina Haspel confirmed as first female director of CIA
The US Senate confirmed Gina Haspel as the first female director of Central Intelligence Agency (CIA). Haspel’s
nomination was confirmed in a 54-45 vote, following a difficult nomination process that reopened an emotional
debate about brutal interrogation techniques in one of the darkest chapters of CIA’s history.
Ambika Sharma to head USIBC India office
The U.S India Business Council named Ambika Sharma as its head for India. Ms. Sharma was Director General for
International at the Federation of Indian Chambers of Commerce and Industry (FICCI).
Ramalingam Sudhakar sworn-in as Chief Justice of Manipur High Court
Justice Ramalingam Sudhakar was sworn-in as the Chief Justice of Manipur High Court. Justice Sudhakar was
administered the oath of office by Governor Jagdish Mukhi at the Raj Bhawan in Imphal.
Uttam Pacharne appointed as Chairman of Lalit Kala Akademi
Uttam Pacharne was appointed as the regular Chairman of the Lalit Kala Akademi. His appointment was approved
by the President Ram Nath Kovind. Pacharne is an eminent artist and sculptor.
Mukul Rohatgi appointed as eminent jurist
Senior advocate Mukul Rohatgi has been appointed as an eminent jurist in the selection committee for appointment
of the Lokpal. Rohatgi was appointed as Attorney General of India after the Narendra Modi government assumed
power in May 2014.
Lt Gen Sukhdeep takes over as DGAR
Lieutenant General Sukhdeep Sangwan has taken over the charge as the Director General of Assam Rifles. Lt Gen
Sanwagn has taken over as the 20th Director General of the Force which is popularly called as Sentinels of the
North East.
Shashank Manohar re-elected as chairman of ICC
Shashank Manohar was re-elected as the Independent Chairman of the International Cricket Council (ICC) for his
second term.
Piyush Goyal to take over Finance Ministry, Smriti Irani moved out of I&B
In the Cabinet rejig, Piyush Goyal to take additional charge as Finance Minister until Finance Minister Arun Jaitley
is under treatment. Smriti Irani to handle only the Ministry of Textiles and Rajvardhan Rathore has been given the
charge of Information and Broadcasting Ministry.
Google names Nitin Bawankule head of India cloud business
Tech giant Google has appointed Nitin Bawankule as the country head for Google Cloud India. Bawankule has been
with Google for six years and was previously head of sales for its ecommerce, retail and classifieds and education
business.
Ashok Lahiri appointed full-time member
Former Chief Economic Adviser Ashok Lahiri has been appointed as full-time member of the 15th Finance
Commission. He is at present the part-time member of the commission, headed by N.K. Singh.
Subhash Chandra Khuntia appointed chairman of IRDA
Subhash Chandra Khuntia, a 1981-batch Indian Administrative Services (IAS) officer who
was a former Karnataka Chief Secretary, has been appointed as Chairman of Insurance
Regulatory and Development Authority of India (IRDAI).
Sitanshu Kar takes over as DG of Press Information Bureau
Mr Sitanshu Ranjan Kar (1983 batch officer of Indian Information Service) took over as the 27th Principal
Spokesperson of the Government of India and Director General of Press Information Bureau in New Delhi.
Saudi Aramco appoints the first woman to the board
Saudi Arabia’s Aramco, the world’s top oil company has appointed its first female board member among five new
members to its board of directors. Lynn Laverty Elsenhans, the former chairwoman, president and CEO of U.S. oil
refiner Sunoco is the first female board member of Aramco.
RESIGNS
Lok Sabha MP Baijayant Panda resigns from BJD
Lok Sabha MP from Odisha’s Kendrapara constituency, Baijayant Panda, resigned from the Biju Janata Dal.
Karnataka CM Yeddyurappa Resigns
BS Yeddyurappa resigned 55 hours after taking oath as the Karnataka CM, ahead of the floor test. BJP, with 104
seats, was seven short of the required number of 111.
Flipkart co-founder Sachin Bansal quits after Walmart deal
Flipkart co-founder Sachin Bansal announced his exit from the company, hours after the news of American retailer
Walmart acquiring Flipkart broke in the nation.
New York attorney general Eric Schneiderman resigns
New York Attorney General Eric Schneiderman announced that he would be resigning from office hours after four
women accused him of physical violence.
Prime Minister of Gabon Emmanuel Issoze Ngondet resigns
Gabon’s Constitutional Court ordered the Prime Minister Emmanuel Issoze Ngondet to resign and the lower house
of parliament dissolved after legislative elections scheduled for the weekend were delayed.
DEATHS
Former Bihar minister Kameshwar Paswan passes away
Former Bihar minister Kameshwar Paswan died after a long term illness in Patna, Bihar. He was 77 years old.
Congress MLA Siddu Nyamagouda passes away
Newly-elected Karnataka Congress MLA Siddu Nyamagouda passed away in a road accident at Tulasigere cross
near Bangalore. He was 67.
Civil rights attorney Lewis Myers Jr. passes away
Civil rights attorney Lewis Myers Jr., who worked on a key lawsuit against racial discrimination in Mississippi’s
higher education system has passed away. He was 70 years old.
India’s highest decorated general passed away
India’s most decorated General, Lt Gen Zorawar Chand Bakshi, also known as Zoru Bakshi passed away. Decorated
with Maha Vir Chakra, Vir Chakra, Param Vishisht Seva Medal and Vishisht Seva Medal, Bakshi was instrumental
in the historic capture of strategic Haji Pir pass from Pakistan army.
Alan Bean, 4th man to walk on the Moon died
Former US astronaut Alan Bean, who was the fourth man to walk on the Moon, has died in Texas, United States. He
was 86. Bean went into space twice, the first time in November 1969 as the lunar module pilot on the Apollo 12
moon-landing mission. In 1973 he was commander of the second crewed flight to Skylab- America’s first space
station
Pakeezah actress Geeta Kapoor dies at 57
Pakeezah actress Geeta Kapoor Dies In Old Age Home at 57. Pakeezah fame actor Geeta Kapoor, passed away at a
old age home in Mumbai. She was 57. The news was confirmed by Central Board of Film Certification (CBFC)
member Ashoke Pandit on Twitter. The 57-year-old actress was abandoned by her children last year.
Veteran Gujarati writer, humourist Vinod Bhatt passes away
Eminent Gujarati writer and humourist Vinod Bhatt died following a prolonged illness. He was 80.
Iconic hollywood film poster creator Bill Gold passes away
Bill Gold, one of hollywood’s best-known creators of film posters, has died aged 97. The veteran illustrator who had
hand in more than 2,000 posters began work at the film production company Warner Brothers in the 1940s.
Telugu writer Yaddanapudi Sulochana Rani dies
Veteran writer, novelist Yaddanapudi Sulochana Rani, who along with her women counterparts Arikepudi Kousalya
Devi and Ranganayakamma, heralded a new era in Telugu fictional literature since the 1950s, passed away at
California.
Actor who played Lois Lane in Superman dead at 69
The actor Margot Kidder, best known for playing Lois Lane in the Superman films in the 1970s and 1980s, has died
at the age of 69, a funeral home in Montana, US.
Pak hockey legend Mansoor Ahmed passes away in karachi
Pakistan’s hockey icon Mansoor Ahmed, who had been ailing for few years, died at a hospital in Karachi. He was
49.
Former test cricketer Rajinder Pal passes away
Rajinder Pal, the former Delhi cricketer who represented India in one Test, passed away at his Dehradun residence.
The right-arm fast bowler played his only Test against England in 1964 and was 80.
Oscar-winning film editor Anne V. Coates dead
British film editor Anne V. Coates, who won an Academy Award for David Leans classic “Lawrence of Arabia”, is
dead. She was 92.
Eminent Odia lyricist passes away
Eminent Odia lyricist Gurukrushna Goswami passed away in Odisha. Goswami was associated with the Odia music
industry for over six decades. He was a scriptwriter, a lyricist and a music director. Goswami had received the Best
Lyricist award in 1996, Bhakta Kabi Salabeg award and Odisha Sangeet Natak Akademi (OSNA) Award in the year
2000.
Renowned Marathi Singer Arun Date passes away
Veteran Marathi singer Arun Date, known for his popular song “Shukratara” had passed away in Mumbai. He was
84. He was the first recipient of the state government’s ‘Gajananrav Vatave Puraskar’.
Freedom fighter Keyur Bhushan passed away
Well-known Gandhian, freedom fighter & writer Keyur Bhushan passed away. Bhushan took part in the 1942 Quit
India movement as a student in Raipur and was incarcerated. He penned novels, collections of short stories and
poems. He also edited ‘Sapthahik Chhattisgarh’ and ‘Antyoday’.
Noted Malayalam novelist Pushpanath passes away
Noted detective novelist” Kottayam Pushpanath, who expanded the world of horror fiction in Malayalam literature,
died due to age related ailments. He was 80.
Marxist economist Ashok Mitra dead
Eminent Marxist economist and politician, and former finance minister of West Bengal, Ashok Mitra, died at age 89
on Tuesday. He served as Chief Economic Adviser during Indira Gandhi’s prime ministerial tenure.
VISITORS
PM Modi visits Russia for informal meet with Putin
Indian Prime Minister Narendra Modi held his first informal Summit with Russian President Vladimir Putin in the
city of Sochi, Russia.
MoS external affairs general VK Singh visits North Korea
Minister of State for External Affairs General VK Singh visits North Korea, the first high-level visit from India in
20 years. General VK Singh held talks with his North Korean counterpart and a host of other leaders.
Venkaiah Naidu 3-Nation Visit: India & Peru signs agreement
India and Peru signed an agreement in the field of Renewable Energy at Lima. The pact was signed in the presence
of Vice President M Venkaiah Naidu and the Prime Minister Cesar Villanueva Arevalo. This is the final leg of the 3-
Nation visit to Guatemala, Panama and Peru of Indian Vice- President.
MISCELLANEOUS
Sangeeta Bahl becomes oldest Indian woman to Scale Mount Everest
Sangeeta Bahl, a 53-year-old former model become the oldest Indian woman to conquer Mount Everest. Bahl, who
currently resides in Gurugram, scaled the peak with the help of two Sherpas and was felicitated at the Indian
embassy in Kathmandu. She already conquered six out of the seven highest peaks in the world.
Air India, IndiGo in top five cheapest airlines in World
Low-cost carriers IndiGo & Air India Express have been ranked among the top five cheapest airlines in the world in
providing international connectivity. Air India Express, the wholly-owned subsidiary of state-run carrier Air India,
has been ranked second and the budget carrier IndiGo placed at the fifth position in a Global Flight Pricing Report
prepared by Melbourne-based Rome2rio — a multimodal travel planning site.
Arjun Vajpai became youngest to summit six peaks over 8,000m
Indian mountaineer Arjun Vajpai has become the youngest person in the world to scale six peaks over 8,000 metres
when he summited the treacherous Kangchenjunga, the third highest mountain in the world.
UNEP has recognised CIAL as world’s 1st fully solar energy-powered airport.
The United Nations Environment Programme (UNEP) has recognised Cochin International Airport Ltd (CIAL) in
Kerala as the world’s first fully solar energy powered airport. CIAL is India’s first airport to be constructed in
public-private-partnership (PPP) model in 1999. It is the busiest and largest airport in the state of Kerala.
Nima Jangmu Sherpa scales 3 highest mountains sets world record
Nima Jangmu Sherpa, a Nepali woman created a world record by scaling three highest mountains in a single
climbing season. The 28 year old Nima Jangmu has become only woman in the world to climb three highest peaks
in Nepal above 8,000 meters in one season within 25 days.
World’s most popular athlete
Portuguese footballer Cristiano Ronaldo was named the most popular athlete in the world as he topped the ESPN
World Fame 100 list for a third straight year.
India Stands 44th in competitive rankings, USA Tops: Report
India rose one place to 44th this year in the global competitive rankings out of 63 countries that were ranked by the
IMD World Competitiveness Center.
Shivangi Pathak becomes youngest Indian woman to scale Mount Everest
India’s Shivangi Pathak has become youngest women of the country to scale Mt Everest from Nepal side. According
to the Managing Director of Seven Summit Treks, Mingma Sherpa, 16-year-old Shivangi successfully stood atop
world’s highest mountain.
India ranks 145th among 195 countries in healthcare access, quality: Lancet Study
India ranked 145th among 195 countries in terms of Healthcare access and quality (HAQ) index in the year 2016,
behind its neighbours like China, Bangladesh, Sri Lanka and Bhutan.
President Ram Nath Kovind, 2nd president to visits Army base in Siachen
President Ram Nath Kovind visited the Army base camp in Siachen, becoming the second President of India to visit
the world’s highest battlefield in 14 years. The previous visit was undertaken by former president APJ Abdul Kalam
in April 2004.
GST, bank balance sheet problems pushed India’s economic growth downward: UN report
As per the UN report, India’s economic growth was pushed downward in 2017 due to the implementation of the
Goods and Services Tax (GST) as well as due to issues such as bank balance sheet problems.
Xi Jinping tops the World’s most powerful people list of Forbes
Forbes has released a list of “The World’s Most Powerful People 2018” which consists of 75 men and women. Xi
Jinping, General Secretary of the Communist Party of China, seizes the top spot for the first time ever. Top Indian is
PM Modi at 9th spot and another is Reliance Industries Chairman Mukesh Ambani at 32nd place in the list.
India ranked 4th in Asia-Pacific on power index
The inaugural Asia Power index by the Lowy Institute, an Australian think tank, has ranked India at the 4th position
among 25 nations in the Asia Pacific region.
Patanjali ranked as most trusted FMCG brand in India
Patanjali Ayurved Limited has been ranked as India’s most trusted Fast Moving Consumer Goods (FMCG) brand in
the TRA’s Brand Trust Report 2018. In overall brand ranking Patanjali is at 13th rank. The Top Brand is Samsung
and Top BFSI is SBI (21 rank).
PM Modi most liked leader in world on Facebook
According to the study “World Leaders on Facebook” released by Burson Cohn & Wolfe PM Modi is the most
‘liked’ world leader on Facebook. With 43.2 million likes, Prime Minister Modi is almost double of USA President
Donald Trump, who has 23.1 Million likes. Modi also has the second highest number of interactions and interaction
rate behind Trump.
FDI Confidence Index 2018: India ranks 11th
India was ranked 11th position in the FDI Confidence Index 2018 released by global consultancy firm A T Kearney.
It has slipped by three notches in 2018 as it was ranked 8th in 2017 and 9th in 2016. This is first time India fell out
of the top 10 since 2015.
BOOKS IN NEWS
Book release by Chief of Army Staff
General Bipin Rawat, Chief of Army the Staff released the book ‘Across the Bench – Insight into the Indian Military
Judicial System’ by Lt Gen Gyan Bhushan, former Army Commander and Member ‘A’, Armed Forces Tribunal,
Lucknow Bench.
Eleven Gods and a Billion Indians authored by Boria Majumdar
Famous Cricket journalist Boria Majumdar has written a book Eleven Gods and A Billion Indians.
Former PM Manmohan Singh launches Economist Rao’s book
Former Prime Minister Manmohan Singh released a book titled ‘My Journey from Marxism-Leninism to Nehruvian
Socialism’ by former Planning Commission and Finance Commission member C H Hanumantha Rao.
COMMITTEES
Panel to look into black money recovery
A parliamentary panel headed by Murali Manohar Joshi will study the recovery of black money & performance of
public sector banks. 30-member Estimates Committee has decided to study a host of subjects related to various
ministries in the year 2018-19.
BANKING AWARENESS
Dena Bank, Punjab & Sindh Bank, CBI get new chairpersons
The finance ministry has appointed non-executive chairpersons at Punjab and Sindh Bank, Dena Bank and Central
Bank of India, as part of its agenda to reform public sector banks.
State Bank of India reports loss of Rs. 7,718 crore in march quarter
State Bank of India (SBI), the country’s biggest lender, reported a loss of Rs. 7,718 crore in the January-March
quarter, hurt by higher provisions for bad loans.
RBI imposed penalty on Cooperative bank
The Reserve Bank of India has imposed a penalty of Rs. 50,000/- on Universal Co-operative Urban Bank,
Mancherial, Telangana. The penalty has been imposed on the bank as it had violated RBI’s directive and guidelines
on loans and advances to directors and their relatives.
Lending, deposit curbs on Allahabad Bank
RBI has imposed restrictions on Allahabad Bank, including on expansion of risky assets, creation of non-banking
assets and accessing/renewing wholesale/costly deposits.
RBI puts Dena Bank under prompt corrective action
Reserve Bank of India (RBI) has put state-run lender Dena Bank under prompt corrective action (PCA) framework.
It has barred Dena Bank from extending fresh credit in view of deteriorating financial health due to mounting non-
performing assets (NPAs) and mounting losses. It makes Dena Bank first lender to face curbs on lending under PCA
framework.
Reserve Bank of India announced Rs10,000 crore bond purchases
The Reserve Bank of India (RBI) announced that it would buy Rs. 10,000 crore ($1.50 billion) of government bonds
via open market operation (OMO), after failing to sell all the debt it had offered to bidders.
ICICI Bank names Radhakrishnan Nair as Independent Director
Former IRDAI member Radhakrishnan Nair has been appointed to ICICI Bank’s board as an Additional
(Independent) Director for a period of five years. His appointment is subjected to the approval of shareholders.
Argentina’s central bank hiked interest rates to 30.25%
Argentina’s central bank (Central Bank of Argentina) has raised interest rates by 300 bps to fight inflationary
pressures. The already high benchmark interest rates in the country has been raised from 27.25 per cent to 30.25 per
cent in a bid to prop up its ailing currency from sliding further against the US dollar.
Uday Kotak redesignated as MD & CEO of Kotak Mahindra Bank
The board of directors of Kotak Mahindra Bank has redesignated Uday Kotak as Managing Director and Chief
Executive Officer. Mr. Kotak was earlier executive Vice Chairman and Managing Director.
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