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Current Affairs Weekly PDF – May 2024 – 3rd Week

(17–23)

NATIONAL AFFAIRS

Unemployment Rate at 6.7% in Q4FY24: 1st of its kind event held at Vanijya Bhawan, New Delhi,
22nd Quarterly PLFS by NSSO Delhi. ONDC Startup Mahotsav is a unique
collaboration between Startup India initiative and
National Sample Survey Office (NSSO), Ministry of
Open Network for Digital Commerce (ONDC), both are
Statistics and Programme Implementation (MoSPI)
released its 22nd quarterly Periodic Labour Force flagship initiatives of DPIIT.
Survey (PLFS) bulletin for January-March 2024
(Q4FY24). DAHD & UNDP India signs MoU on
✓ India’s Urban Unemployment Rate (UR) in Digitalization of Vaccine Cold Chain
Current Weekly Status (CWS) terms for Management
persons aged 15 years and above declined by
Department of Animal Husbandry & Dairying
10 basis points to 6.7% in Q4FY24 from 6.8%
(DAHD), Ministry of Fisheries, Animal Husbandry &
in Q4FY23.
Dairying (MoFAHD), signed a Memorandum of
✓ UR in CWS among male population increased
Understanding (MoU) with the United Nations
to 6.1% as compared to 6% in Q4FY23. UR in Development Programme (UNDP) India to enhance
CWS among females saw a decline during
the Digitalization of Vaccine Cold Chain Management,
Q4FY23 to 8.5% from 9.2% in Q4FY23.
Capacity Building, and Communication Planning at
✓ All India level, Labour Force Participation
UNDP Country office in New Delhi, Delhi.
Rate (LFPR) in CWS increased to 50.2% from
✓ To enhance animal health and husbandry
48.5% in Q4FY23. For male, it was 74.4% as
practices leveraging UNDP's expertise and
compared to 73.5% in Q4FY23. For females,
DAHD's mandate for a robust framework in
LFPR increased to 25.6% from 22.7% in
India
Q4FY23.

FIEO Projected India’s Merchandise to Grow

FICCI & IESA Signed MoU to Promote
USD 500 to 510 Billion in FY25
Electronics and Semiconductor Industry in
According to the Federation of Indian Export
India Organisations (FIEO), the apex body for exporters in
Federation of Indian Chambers of Commerce and India, merchandise exports from India is expected to
Industry (FICCI) signed a Memorandum of increase around 14% i.e. to USD 500-510 billion in
Understanding (MoU) with India Electronics and FY25(2024-25).
Semiconductor Association (IESA), to promote ✓ India’s merchandise export saw a contraction
innovation, bolster the semiconductor and electronics of 3% with USD 437 billion in FY24 (2023-24).
industry and fortify supply chains. India’s total exports stood at USD 788 billion in
FY24.
DPIIT Organised “ONDC Startup Mahotsav” ✓ Further, it also estimated that services exports
in Delhi; 12 unicorns, over 125 startups will reach to USD 390-400 billion in FY25.
Thereby, net worth of total exports from India
showed interest to join ONDC Network
will be around USD 890-910 billion.
Department for Promotion of Industry and Internal
Trade (DPIIT) under the Ministry of Commerce and
Industry, organised the “ONDC Startup Mahotsav”, a

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EPFO created 11.4% more formal jobs in Ministry of labour and employment, formal job creation
FY24 under the EPFO rose by 11.4% in 2023-24 (FY24) to
15.4 million compared to 13.85 million in FY23.
According to the Provisional Payroll Data, released by
the Employees’ Provident Fund Organisation (EPFO),

INTERNATIONAL AFFAIRS

World Hydrogen 2024 Summit & Exhibition (TTDI 2024), India is ranked 39th among 119
Held in Netherlands: India set up its Maiden economies with a TTDI score of 4.25. India is ranked
highest in South Asia and among the lower-middle-
Pavilion
income economies. India was ranked 54th in TTDI
World Hydrogen 2024 Summit & Exhibition, World's
2021 with a score of 4.1.
Largest Dedicated Hydrogen Event, was held in
✓ The United States of America (USA) has
Rotterdam Ahoy, the Netherlands from 13th to 15th
topped the list with a TTDI score of 5.24
May 2024. The summit featured the maiden India
followed by Spain (5.18) and Japan (5.09) at
pavilion, set up by the Ministry of New and Renewable
2nd and 3rd rank respectively. The index was
Energy (MNRE), government of India(GoI), showcasing
compiled in collaboration with the University
National Green Hydrogen Mission (NGHM).
of Surrey in United Kingdom (UK).
✓ The summit was organised by the Sustainable
Top 5 countries on TTDI 2024:
Energy Council (SEC) in partnership with the
Rank Economy Score
Government of the Netherlands. India
39 India 4.25
launched its National Green Hydrogen Mission
1 USA 5.24
(NGHM) in January 2023 with a budget of Rs
2 Spain 5.18
19,744 crores, targeting a production capacity
3 Japan 5.09
of 5 MMT (Million Metric Tonnes) by 2030.
4 France 5.07
5 Australia 5
WB Report “Water for Shared Prosperity”
Highlights Importance of Access to Safe
Rangelands Faces Silent Demise Threatens
Drinking Water
Food Security; Losses 50% of Rangelands:
The global flagship report titled “Water for Shared
Prosperity”, co-published by the World Bank and the UNCCD Report
Government of Indonesia, was released during the According to United Nations Convention to Combat
10th World Water Forum held in Bali, Indonesia. The Desertification’s (UNCCD) report titled “Global Land
10th World Water Forum is being held from 18th to Outlook Thematic Report on Rangelands and
25th May 2024 with the theme “Water for Shared Pastoralists” up to 50% of world’s vast rangelands are
Prosperity”. degraded and is nearly double the previous estimates
✓ As per the report, 2.2 billion people lacked that ranged from 20% to 35%.
access to safe drinking water services and 3.5 ✓ The report was released by UNCCD in
billion are deprived of safely managed Ulaanbaatar, Mongolia.
sanitation in 2022. ✓ These lands cover 80 million square
kilometer of land i.e. 54% of all land on earth,
account for 1/6th of global food production
WEF’s Travel & Tourism Development Index and represent nearly 33% of carbon reservoir
2024: India ranked 39th; USA tops on earth.
According to the World Economic Forum (WEF)’s 2nd ✓ Rangelands occupy about 121 million
edition of the Travel & Tourism Development Index hectares in India and a large part (around 100

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million hectares) of these is considered ✓ For the first time, the carbon pricing revenues
underutilized. have crossed the threshold of USD 100 billion.
As per the report, Large Middle-Income
Global Carbon Emissions Pricing Raised countries including India, Brazil, Chile,
Colombia and Türkiye have made positive
Record USD 104 Billion in 2023: World Bank
progress towards carbon pricing
Report implementation.
According to the World Bank (WB)’s 11th annual report ✓ At present, there are 75 carbon pricing
titled “State and Trends of Carbon Pricing 2024”, total instruments in operation worldwide, increased
revenues from carbon taxes and Emissions Trading by 2 instruments compared to 73 instruments
Systems (ETSs) in 2023 have reached a record high of mentioned by World Bank in its last year report
USD 104 billion. (2023).

BANKING & FINANCE

India Extends Budgetary Support of USD 50 Renewable Energy (RE) capacity of 2.2
Million to Maldives GigaWatt(GW).
The Government of India (GoI) has provided a
Budgetary Support of USD 50 million, in the form of a
rollover of Treasury Bill (T-Bill), to the Maldives for
another year. Government Treasury Bills are
subscribed by SBI under a unique Government-to-
Government arrangement at zero-cost (interest free) to
the Government of Maldives.
✓ The government of India(GoI) has announced
humanitarian assistance worth USD 1
million to the government of Kenya to deal
with the devastation caused by the floods due
to prolonged heavy rainfall in Kenya.

ReNew Signed MoU with Societe Generale

for Energy Transition Projects of USD 1
Billion over Next 3 years
ReNew Energy Global PLC (ReNew) signed a SBI General Insurance Introduced ‘Bima
Memorandum of Understanding (MoU) with European
Central’ Platform to Transform Customer
Bank, Societe Generale, to support the ReNew’s
energy transition projects in India and globally. This
Experience with Innovation
partnership will contribute towards India’s net zero State Bank of India (SBI) General Insurance Company
goals. Limited introduced Bima Central, India’s 1st
✓ Under this MoU, Societe Generale will provide insurance portfolio management platform to transform
financial support of USD 1 billion over the customer experience with innovation. It has
next 3 years, mainly through debt financing collaborated with Bima Central which was developed
and advisory solutions. by CAMS Insurance Repository Services Limited
✓ ReNew has signed 5 Power Purchase (CAMSRep).
Agreements (PPAs) with combined

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ADB Approves USD 148.5 Million Loan to HDFC Bank Secures USD 500Mn from IFC
Enhance Power Distribution System(PDS) for Women-Focused Lending
of Sikkim HDFC Bank secured USD 500 million from the
The Asian Development Bank (ADB) approved USD International Finance Corporation (IFC) to support
148.5 million loan which aimed to bolster, modernize underserved women borrowers. This funding aims to
and climate-proof distribution system to enhance empower women by promoting financial inclusion,
reliability, quality and resilience of electricity supply in income generation, and socio-economic growth.
Sikkim, India.
SBI Mutual Fund Launches SBI Automotive
TATA AIG Partnered with Aurm To Offer Safe Opportunities Fund
Vaults For Insurance Coverage SBI Mutual Fund, India's largest fund house, launched
Tata AIG General Insurance Company Limited has SBI Automotive Opportunities Fund, an open-ended
partnered with Aurm, a Bengaluru-based asset equity scheme following the automotive and allied
protection firm to provide insurance coverage to Aurm business activities theme. This first-of-its-kind active
customers for their valuables. Under this partnership, mutual fund will invest in stocks of automobile
Aurm's vaults would have complete insurance companies and allied businesses, both domestic and
coverage up to Rs 25 lakh. international.

LIC Received Approval from SEBI for Yes Bank launches YES Grandeur for India's
Additional 3 years to meet MPS norms Emerging Affluent Segment
Life Insurance Corporation of India (LIC) has received Yes (Youth Enterprise Scheme) Bank has launched
the approval from Securities and Exchange Board of YES Grandeur, a banking program in the form of
India (SEBI) for additional 3 years to comply with the Savings Account and Debit card, for India's emerging
Minimum Public Shareholding (MPS) norms. affluent segment. This program targets those with an
✓ SEBI granted this additional 3 years to LIC to Average Monthly Balance (AMB) of Rs 5 lakh or a Net
achieve 10% Public shareholding under Rule Relationship Value (NRV) of Rs 20 lakh.
19(2) (b) (iv) of the Securities Contracts ✓ Yes Grandeur Debit Card offers travel benefits,
(Regulation) Rules, 1957 i.e. within a time including zero cross-currency markup
period of 5 years from the date of listing. charges and airport lounge access.
✓ Now, the revised timeline for LIC to achieve is
on or before 16th May, 2027. SEBI revises Market Capitalization
Computation Basis for LODR Regulations
PhonePe collaborates with LankaPay to Securities and Exchange Board of India (SEBI)
promote UPI payments in Sri Lanka amended its Listing Obligations and Disclosure
Bengaluru(Karnataka) based PhonePe, Indian digital Requirements (LODR) Regulations, 2015 with SEBI
payments company, has partnered with Sri Lanka's (LODR) (Amendment) 2024 for revising the method for
LankaPay, owned by the Central Bank of Sri Lanka, to calculating the market capitalization of listed
facilitate Unified Payments Interface (UPI) transactions companies under the LODR Regulations.
for its users in Sri Lanka. ✓ Instead of using a single day's market cap
✓ This allows PhonePe users to make payments (previously calculated on March 31), SEBI now
in Indian Rupees (INR) across LankaPay's employs an 'Average Market Capitalization'
merchant network, with currency exchange over a defined period.
rates applied to transactions. ✓ The change follows recommendations from a
SEBI-appointed expert committee chaired by
former whole-time member Santosh Kumar

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(SK) Mohanty, aimed at facilitating ease of India’s 1st Trade Receivables electronic Discounting
business. System (TReDS) exchange platform, Receivables
Exchange of India Limited (RXIL), has financed over 50
Bank of Maharashtra tops among PSU banks lakh Micro, Small, and Medium Enterprises (MSME)
invoices totalling Rs 1 lakh crore.
in Business Growth in FY24; SBI FY24 net
✓ RXIL is a joint venture (JV) promoted by the
profit rises 21.59% Small Industries Development Bank of India
Bank of Maharashtra (BoM) emerged as the top (SIDBI), NSE India (National Stock Exchange
performer among Public Sector Banks (PSBs) in terms of India Ltd), State Bank of India (SBI), ICICI
of business growth during the Fiscal Year 2023-24 Bank, and YES Bank Limited.
(FY24), according to published financial numbers of the
public sector banks (PSBs). BoM recorded a
remarkable 15.94% rise in total business (domestic) in
FY24.
✓ State Bank of India (SBI) followed closely with
a growth rate of 13.12%. SBI's total business
(deposit and advances) stood significantly
higher at Rs 79,52,784 crore (about 16.7
times) compared to BoM’s Rs 4,74,411 crore.
✓ SBI, Bank of India, and Canara Bank also
achieved double-digit growth in deposits, at
11.07%, 11.05%, and 10.98%, respectively.

AIC Signs MoU with CSC to Widen

"Sampoorna Pashudhan Kawach" across
Rural India
Agriculture Insurance Company of India Ltd. (AIC) has
signed a Memorandum of Understanding (MoU) with SBI General Insurance Signed
CSC e-Governance Services India Ltd. (CSC) at AIC Bancassurance Partnership With JSFB To
Head Office, New Delhi, Delhi, to widen the reach of its
Increase Insurance Penetration
cattle insurance product
SBI General Insurance Company Limited, one of the
"Sampoorna Pashudhan Kawach," designed to
India’s leading General Insurance companies, has
protect farmers' livestock from unforeseen risks.
signed a strategic Bancassurance Partnership
agreement with Jana Small Finance Bank (JSFB), a
SIDBI & Airbus Helicopters Signed MoU for leading financial institution in India, to facilitate the
Helicopter Financing in India distribution of non-life insurance products.
The Small Industries Development Bank of India ✓ Under the partnership agreement, Jana Small
(SIDBI) signed a Memorandum of Understanding Finance Bank customers will get access to a
(MoU) with Airbus Helicopters for financing the wide range of general insurance products
purchase of Airbus helicopters in India. Airbus from SBI General Insurance.
Helicopters is a helicopter manufacturing division of
Airbus, a European multinational aerospace VST Tillers Tractors inks MoU with Axis
corporation.
Bank to Offer Credit Facilities to Farmers
TReDS Platform RXIL Crosses Rs 1 lakh Bengaluru(Karnataka) based VST Tillers Tractors
crore in MSME Invoice Financing Limited (VST), a farm equipment manufacturer, has

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signed a Memorandum of Understanding (MoU) with Thomas Cook India Introduced TCPay For
Axis Bank Limited to provide financial solutions for International Money Transfers
farmers purchasing tractors and farm mechanization
Mumbai(Maharashtra) based Thomas Cook (India)
products. Limited (TCIL) has introduced the ‘TCPay’, a new
digital service designed to simplify the international
money transfers. TCPay offers 24x7 access,
paperless transfers, user-friendly digital interface
across Thomas Cook’s digital tools like FXNOW (B2C
(business to consumer) app), Portal, and Call Center
for assistance.

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ECONOMY & BUSINESS

MSCI Announced Changes in MSCI Global BEML Secured Order Worth Rs 250 Cr from
Standard Index: 13 Indian Firms Added & 3 NCL to Supply BH100 Rear Dump Trucks
Removed BEML Limited (formerly Bharat Earth Movers Limited)
MSCI Inc.(formerly known as Morgan Stanley Capital has secured an order worth Rs 250 crore from
International Inc.) has announced changes in Northern Coalfields Limited (NCL) for supplying 28
constituents for the MSCI Global Standard Indexes, units of BH100 rear dump trucks.
which will take place as of close of 31st May 2024. As
per the May 2024 review, 13 Securities will be added to
and 3 Securities will be deleted from the India Index.
✓ The 3 companies removed from MSCI India
Index are Berger Paints India Limited;
Indraprastha Gas Limited (IGL) and Paytm
(One97 Communications Limited)

India's 2024 Economic Growth Projection

Revised upwards to 6.9%: UN-DESA’s
WESP 2024
The 'World Economic Situation and Prospects (WESP)
2024 - Mid Year Update,' published by the United
Nations Department of Economic and Social Affairs
(UN-DESA), India's economy is estimated to expand
by 6.9% in 2024. This is an upward revision from the
6.2% Gross domestic product (GDP) forecast made by ICRA: India’s GDP Growth to Dip to Four-
the UN in January 2024. quarter low of 6.7% in Q4 of FY24
✓ India’s GDP Growth projection for 2025
Rating agency ICRA Limited (formerly Investment
remains unchanged at 6.6%. The report also
Information and Credit Rating Agency of India Limited)
anticipates a deceleration of consumer price
has projected India’s Gross Domestic Product (GDP)
inflation in India from 5.6% in 2023 to 4.5% in
growth to moderate to a four-quarter low of 6.7% in 4th
2024.
Quarter (Q4) of FY2024 from 8.4% in Q3 of FY24.
✓ For FY24 (full fiscal year), ICRA has expects
Retail inflation eases to 4.83% in April 2024, GDP and Gross Value Added (GVA) growth of
surge in Food Prices Continues 7.8% and 7.0% respectively.
As per the data from Ministry of Statistics and
Programme Implementation (MoSPI), The annual Retail RITES signs pact with Bangladesh Railway
inflation rate based on all India Consumer Price Index to Supply 200 BG Passenger Coaches
(CPI) number is 4.83% (Provisional) in April 2024,
RITES Limited, export arm of Indian Railways, signed a
slightly down from 4.85% in March 2024, despite a
USD 111.26 million (approximately Rs 915 crore)
continued surge in food prices. This decrease is
contract agreement to supply 200 Broad-Gauge (BG)
attributed mainly to lower fuel prices.
passenger carriages to Bangladesh Railways. The
contract is funded by Luxembourg-based European
Investment Bank (EIB).

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✓ This contract underscores RITES' commitment (ESO) to build the power infrastructure required to
to exporting indigenously developed railway switch its Port Talbot site in Wales, the United
stock, aligning with the 'Make in India, for the Kingdom(UK), to a green steel project.
World' vision.
Logistics Startup Porter’s becomes India’s
IOCL Exports 1st consignment of India’s 1st 3rd Unicorn in 2024
Premium Fuel "XP100" to Sri Lanka Bengaluru(Karnataka)-based logistics services
Indian Oil Corporation Limited (IOCL), a leading energy platform, Porter has become 3rd Unicorn of India in
company in India, exported its first-ever parcel of 2024, with valuation of around USD 1 billion. Porter
XP100, India’s 1st superior 100-octane premium became unicorn after completing a fresh internal
fuel, from Jawaharlal Nehru Port Trust (JNPT), Nava round, where individuals bought shares from the
Sheva, Navi Mumbai, Maharashtra to Lanka IOC, a employee stock ownership plan (ESOP) pool at a
subsidiary of IOCL in Sri Lanka. valuation of USD 1 billion.
✓ So far, Ola’s Artificial Intelligence (AI) startup
Tata Steel signs Grid Agreement with UK’s Krutrim and Fintech-focussed Software as a
Service (SaaS) firm Perfios are the other two
ESO for Green Steel Project at Port Talbot
Indian startups that emerged as Unicorn in
Tata Steel Limited has signed a grid agreement with
2024.
National Grid Plc's Electricity System Operator

AWARDS & RECOGNITIONS

Forbes 30 Under 30 Asia 2024 features 86 Pratyush

Indians; includes Akshit Bansal, Raghav Rai,
Siddhart
Arora & Bhagya Shree Jain
Consumer ha 26; Cofounders,
The 9th edition of the Forbes 30 Under 30 Asia list
Technology Saxena 27;26 Merlin
(2024) featured 86 entries from India which includes
and
Akshit Bansal (29) and Raghav Arora (28), co-
Sirsendu
founders of Statiq-India and Bhagya Shree Jain (29),
Sarkar
founder of The Disposal Company.
Ankit
✓ The 2024 list features 300 entries from 21
Bansal,
countries and territories. India had the most
Ishan 29;29;2 Cofounders,
entries followed by China and Japan (32 each),
Rakshit 7 Shopflo
Singapore (27), Australia (26) and Indonesia
and Priy
(18). Enterprise
Ranjan
Notable Indian Entries on the 2024 List: Technology
Aryan
Title/Compa
Category Name Age Sharma
ny Co-founders,
and 18,19
Akshit Induced.ai
Industry, Ayush
Bansal, Cofounders,
Manufacturi 29 ; 28 Pathak
Raghav Statiq – India
ng & Energy Entertainme
Arora Pavithra
nt and 29 Songwriter
Bhagya Founder, The Chari
Social Sports
Shree 29 Disposal
Impact
Jain Company

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Finance and
Aniket Principal,
Sela Tunnel of Arunachal
Venture 29 Pradesh Recognised as India's Highest
Damle Blackstone
Capital
Tunnel by International Book of Honour
Healthcare Shobhita Founder,
29 Arunachal Pradesh's Sela Tunnel, an engineering
and Science Narain Veera Health
marvel has been recognised as India's Highest Tunnel
Media,
by the International Book of Honour (IBH), England,
Marketing Kavan Cofounder,
27 United Kingdom (UK). This recognition underscores the
and Antani Indiefolio
achievement of the Border Road Organisation (BRO) in
Advertising
constructing the tunnel at an altitude of 13,000 feet
Retail and
Parul Founder, through Project VARTAK with construction carried out
E- 27
Aggarwal Kabbish by Patel Engineering Limited.
Commerce
✓ Sela Tunnel is the world’s longest bi-lane
The Arts
tunnel constructed on the road connecting
(Art & Style, Jash Founder,
28 Tezpur, Assam to Tawang in the West Kameng
Food & Shah Get-A-Way
district of Arunachal Pradesh.
Drink)

Bloomberg Billionaires Index May 2024:

Forbes’ World's Highest-Paid Athletes
Mukesh Ambani & Gautam Adani among top
2024: Portuguese Soccer Player Ronaldo
15
Tops
According to the Bloomberg Billionaires Index (daily
On May 16, 2024, Forbes’ released the list of World's
ranking index as of 20th May 2024), Mukesh Ambani,
Highest-Paid Athletes 2024 featuring top 50 highest
Chairman and Managing Director (CMD) of Reliance
paid athletes. Soccer Player Cristiano Ronaldo
Industries Limited (RIL); and Gautam Adani, Founder
(Portugal) topped the list with a total earnings of USD
and Chairman of the Adani Group, are featured among
260 million, which includes USD 200 million on the
the top 15 of world’s richest people.
field earnings and USD 60 million off the field earnings.
✓ Mukesh Ambani is ranked 12th with a total
✓ Spanish golfer Jon Rahm stands 2nd with a
net worth of USD 110 billion and Gautam
total earning of USD 218 million and Argentine
Adani is ranked 14th with a net worth of USD
Soccer player Lionel Messi stands 3rd with
100 billion.
USD 135 million.
✓ Bernard Arnault, the founder and Chief
Executive Officer (CEO) of LVMH Moët
IN-SPACe honoured with Geospatial World Hennessy Louis Vuitton, tops the world’s
Leadership Award at GWF 2024 richest list with a net worth of USD 220 billion.
Indian National Space Promotion and Authorisation List of Top 5 super rich in the world as of May 20,
Centre (IN-SPACe), under the Department of Space 2024:
(DOS), Government of India, has won the Geospatial Net
World Leadership Award 2024 under “Enabling Worth
Public Policy” category. Rank Person (USD Country
✓ Geospatial Leadership Awards was presented in
during the Geospatial World Forum (GWF) Billion)
2024 held in Rotterdam, The Netherlands on Bernard
1 220 France
14th May 2024. Arnault
United
2 Jeff Bezos 207
States of

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America German Author Jenny Erpenbeck and

(USA) Translator Michael Hofmann Won
International Booker Prize 2024 for ‘Kairos’
3 Elon Musk 190 USA
German author Jenny Erpenback and translator
Mark Michael Hofmann have been named the winner of the
4 168 USA
Zuckerberg International Booker Prize 2024 for the book ‘Kairos’.
5 Larry Page 156 USA The announcement was made by Eleanor Wachtel,
Chair of the 2024 judges, at a ceremony sponsored by
Mukesh
12 110 India Maison Valentino at Tate Modern in London, the United
Ambani
Kingdom (UK).
Gautam
14 100 India ✓ Jenny Erpenbeck became
Adani
the 1st German writer to win the Prize, and
Michael Hofmann became the 1st male
translator to win since the Prize launched in its
current form in 2016.
✓ Kairos became the 1st
book translated from German to English to
win the International Booker Prize.

APPOINTMENTS & RESIGNATIONS

Lawrence Wong Becomes the New Prime Former Union Minister Kapil Sibal Elected
Minister of Singapore as President of Supreme Court Bar
Lawrence Wong Shyun Tsai, a Association
United States (US) trained Kapil Sibal, senior advocate and
economist and a former civil former Union Minister of Law and
servant, was sworn in as the fourth Justice has been elected as the
Prime Minister (PM) of Singapore President of Supreme Court Bar
since independence. The President Association (SCBA) for the fourth
of Singapore, Tharman Shanmugaratnam, administered time. Kapil Sibal won the election
the oath to Wong on May 15, 2024. by securing 1,066 votes, defeating Pradeep Kumar
✓ Wong succeeded Lee Hsien Loong who Rai, a senior advocate who secured 689 votes. Sibal
relinquished his position after 20 years (2004- would take over from the incumbent, senior advocate
2024). Adish C. Aggarwala.
✓ Other Appointments: Rachna Srivastava,
R Lakshmi Kanth Rao Assumed Charge as senior advocate has been elected as the Vice
Executive Director of RBI President and Vikrant Yadav, advocate as
Lakshmi Kanth Rao assumed charge as Executive Secretary of SCBA.
Director (ED) of the Reserve Bank of India (RBI) with
effect from 10th May 2024. Before this, he served as
Chief General Manager-in-Charge in the Department of
Regulation, RBI.

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Andrej Plenkovic Appointed as PM- ITC Chairman Sanjiv Puri Take Charge as
Designate of Croatia for 3rd Term President of CII for 2024-25
Andrej Plenkovic (54 years), Sanjiv Puri, Chairman and
incumbent Croatian Prime Managing Director (CMD) of ITC
Minister(PM) and President of the Limited, formally took charge as
Croatian Democratic Union (HDZ) President of the Confederation of
party, has been appointed as PM- Indian Industry (CII) for the years
designate of the Republic of 2024–25. He has succeeded
Croatia for 3rd consecutive term. R.Dinesh, Chairman of TVS Supply
He has been serving as the PM of Croatia since 19th Chain Solution (TVS SCS), who served as President of
October 2016. CII for 2023-24.
✓ Rajiv Memani, Chairman and Chief Executive
Junta Leader Mahamat Déby Elected as Officer (CEO) of Ernst &Young (EY), India has
been named as President-designate for 2024-
President of Republic of Chad
25. R.Mukundan, CEO and MD of Tata
Mahamat Idriss Déby Itno has
Chemicals Ltd. named as Vice-President of CII
been elected as the President of
for 2024-25.
the Republic of Chad. He has
been serving as the head of the
state of Chad since April 2021. William Lai Ching-te Sworn in as 16th
He won the 2024 presidential President of Taiwan; Bi-khim Hsiao Took
election of Chad with 61% of the Oath as Vice President
total votes. Dr William Lai Ching-te, a doctor
✓ Presidential elections of Chad was held on 6 turned politician was sworn in as
May 2024. This followed a constitutional the 16th President of Taiwan
referendum held on 17 December 2023, (Republic of China (ROC)) in a
following the death of President Idriss Déby in ceremony held at the presidential
2021. office in Taipei. The First Lady and
Vice President Bi-khim Hsiao also attended the
IndiaFirst Life Insurance Approved the inaugural celebrations.
Appointment of Rushabh Gandhi as its New ✓ William Lai Ching-te succeeded Tsai Ing-
wen, the 1st female head of state of Taiwan
MD and CEO
and Asia, who served as president for 2
The Board of IndiaFirst Life Insurance Company
consecutive 4-year terms since 2016. Bi-khim
Limited has approved the appointment of Rushabh
Hsiao succeeded Lai Ching-te as the 16th
Gandhi as its new Managing Director (MD) and Chief
Vice President of Taiwan.
Executive Officer (CEO) for a period of 5 years, with
effect from (w.e.f) 1st July, 2024 or the date of
regulatory approvals, whichever is earlier. Luis Abinader Re-elected as President of
✓ He will succeed R.M. Vishakha who is Dominican Republic for 2nd Term
currently serving as MD and CEO of the Luis Rodolfo Abinader
company. Her term will expire on 30th June, Corona has been re-elected as the
2024. President of the Dominican
Republic for 2nd four-year term
from 2024 to 2028. He has been
serving as the President of the
Dominican Republic since 2020.

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n 2020, he has been elected as the 54th President of following the resignation of President Vo Van Thuong
Dominican Republic for the period 2020-2024. on 20th March 2024.
✓ Tran Thanh Man, vice chairman of Viet Nam’s
To Lam Named as the New President of National Assembly, has been named as the
Chairman of the National Assembly.
Vietnam
15th National Assembly of Viet
Nam has elected General To Lam RBI Approved the Appointment of
as the New President of the Pradeep Natarajan as Whole Time Director
Socialist Republic of Viet Nam of IDFC First Bank
for the 2021-2026 tenure. He The Reserve Bank of India (RBI) has approved the
takes over from Vice President Vo appointment of Pradeep Natarajan as whole time
Thi Anh Xua, who has been Executive Director of IDFC First Bank Limited for a
serving as the Interim President since 21st March 2024 period of 3 years.

ACQUISITIONS & MERGERS

Quant Money Managers Receives RBI Nod to subsidiary, Shriram Housing Finance Ltd (SHFL), to
Acquire Stake Up to 9.98% in RBL Bank New York, United States (US)-based equity
firm Warburg Pincus, for Rs 4,630 crore.
Quant Money Managers Limited has received Reserve
✓ Warburg Pincus will acquire the stake through
Bank of India (RBI) approval to acquire its stake up
its affiliate Mango Crest Investment, and will
to 9.98% of the paid-up share capital or voting rights in
infuse Rs 1,000 crore in equity.
RBL Bank Limited by May 12, 2025, subject to certain
conditions and provisions under the Banking Regulation
Act, 1949. IDFC First Bank Gets Shareholders Approval
✓ As of May 10 2024, Quant Mutual Fund (MF), To Merge With IDFC Limited
an arm of Quant Money Managers, holds Shareholders and Non-Convertible Debenture (NCD)
around 4.68% stake in RBL Bank. holders of IDFC First Bank Limited have approved the
scheme of merger of IDFC Limited with IDFC First
Warburg Pincus Acquires Shriram Housing Bank. On May 17 2024, National Company Law
Finance for Rs 4,630 Crore Tribunal (NCLT) convened a meeting to consider and
approve the composite scheme of amalgamation for
Chennai, Tamil Nadu-based Shriram Finance Ltd (SFL)
IDFC FIRST Bank.
has approved the sale of its housing-finance

SCIENCE & TECHNOLOGY

NASA Plans to Build ‘FLOAT’, the 1st ✓ The FLOAT system will be developed by
Railway System on Moon NASA’s Jet Propulsion Laboratory (JPL) in
California, United States of America(U.S.A.). It
National Aeronautics and Space Administration
will use unpowered robots which would
(NASA) has announced its plan to build 1st Railway
levitate a 3-layer flexible film track to prevent
System on Moon, and named as “Flexible Levitation
on a Track (FLOAT)”. This Railway system is part of abrasion from dust on lunar surface.
Name of these 3-layers are:
NASA’s Moon to Mars mission i.e. Robotic Lunar
Surface Operations 2 (RLSO2).

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✓ A Graphite Layer that enables robots to float Blue Origin’s NS-25 mission Lifted off with 6
over tracks using diamagnetic levitation Crew Members Including One Indian
passively.
New Shepard rocket system built by Blue Origin, the
✓ A Flex-Circuit Layer generates company owned by Jeff Bezos, Founder of
electromagnetic thrust to controllably propel
Amazon, under the space tourism mission named New
robots along tracks.
Shepard-25 (NS-25) lifted off with 6 crew members
✓ An Optional thin-film solar panel Layer
including one Indian from Launch site one in West
generates power for the base when in sunlight.
Texas, United States of America (U.S.A).
✓ Among the 6 crew members, Gopi
Pakistan Conducted Training Launch of Thotakura, commercial jet pilot and
‘Fatah-II’, an Indigenous Rocket System entrepreneur from Andhra Pradesh(India), is
Pakistan conducted a successful training launch the only Indian on this human space flight.
of the indigenously developed “Fatah-II”, the guided ✓ He is the 1st Indian space tourist and the 2nd
Multi-Launch Rocket System (MLRS). It is being Indian to venture into space after Wing
inducted in Artillery Divisions of Pakistan Army for Commander Rakesh Sharma of Indian
stand-off, precision engagement of deep targets. Army (1984).
✓ The rocket system is capable of engaging ✓ Captain Ed Dwight is the 1st Black astronaut
targets with high precision up to range of 400 on the space flight. He was selected by former
kilometers (km). President of United States of America (U.S.A.),
John F Kennedy in 1961.

Researchers Discovered “Super fluffy”

Exoplanet with Cotton candy-like Density IRRPL Handed Over 27,000 AK-203 Assault
Researchers have discovered a “super fluffy” Rifles to Indian Army
exoplanet named as “WASP-193b”.The size of Indo-Russian Rifles Private Limited (IRRPL) based in
exoplanet is 50% larger than Jupiter and its weighs Amethi, Uttar Pradesh, handed over 27,000 AK-203
only 1/7th of Jupiter. Therefore, it has cotton candy- assault rifles to Indian Army. These assault rifles
like density. The exoplanet was initially spotted by the achieved 25% of localization.
Wide Angle Search for Planets(WASP). ✓ These assault rifles will be manufactured
through special purpose Joint Venture (JV)
called Indo-Russian Rifles Private Limited
ISRO’s Mangalyaan-2 Mission to Include
(IRRPL) at Korwa Ordnance factory in Amethi,
Helicopter, Sky Crane, Rover for Navigation Uttar Pradesh.
on Mars ✓ These rifles will replace India’s indigenously
The Indian Space Research Organisation (ISRO) has developed Indian Small Arms Systems
unveiled comprehensive strategy for its next Mars (INSAS) rifles inducted in Indian Army more
mission “Mangalyaan-2”. It was unveiled during than 3 decades ago.
special presentation held at the Space Application
Centre (SAC) on the eve of National Technology Day
3AI Holding & SML Launched India's GenAI
(May 11th , 2024).
Platform ‘Hanooman’
✓ ISRO plans to use a Rover and helicopter for
Abu Dhabi(United Arab Emirates (UAE))-based AI
Mars exploration which is similar to the
investment firm 3AI Holding and Seetha Mahalaxmi
National Aeronautics and Space
Administration's (NASA) Perseverance Rover. Healthcare (SML) India have launched India's
homegrown generative artificial intelligence (GenAI)
✓ The Mangalyaan-2 mission will be launched
platform ‘Hanooman AI’, an Indian large language
aboard the Geosynchronous Satellite Launch
Vehicle Mk III (LVM3). model (LLM) in 98 global languages, including 12

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Indian languages, along with text translation ✓ GalaxEye becomes the world's 1st private
capabilities. entity to conduct SAR trials on the HAPS
platform.
GalaxEye Tests SAR Technology on NAL’s
High Altitude Pseudo-Satellite Microsoft introduces ‘Copilot+ PCs’
GalaxEye Space Solutions Pvt Ltd, has successfully featuring advance AI
tested its Synthetic Aperture Radar (SAR) technology Microsoft introduced “Copilot+ PCs”, a new category
on a subscale High Altitude Pseudo-Satellite (HAPS) of personal computers (PCs) designed for Artificial
developed by the Council of Scientific and Industrial Intelligence (AI) capabilities. Copilot+ PCs are the
Research (CSIR) - National Aerospace Laboratories fastest, most intelligent Windows PCs ever built. This
(NAL). was developed in collaboration with manufacturers
like Acer and ASUSTek Computer.

ENVIRONMENT
------

SPORTS

Neeraj Chopra Wins Gold Medal in 27th AFC Women's Asian Cup for a 2nd time.
National Federation Senior Athletics Australia has previously hosted the AFC
Women’s Asian Cup in 2006.
Competition 2024
2020 Tokyo Olympics Gold medalist Neeraj Chopra
won the Gold medal in the men’s Javelin with 82.27 PUMA India signed with AFI to Become
meter(m) throw in 27th National Federation Senior Official Kit Sponsor of Indian Athletes
Athletics Competition 2024. The tournament held at PUMA India has signed a multi-year deal with the
Kalinga Stadium in Bhubaneswar, Odisha. Athletics Federation of India (AFI) to become its
✓ DP Manu from Karnataka won the Silver official kit sponsor, aiming to enhance athlete
medal with 82.06m throw and Uttam performance and create excellence within India's
Balasaheb Patil from Maharashtra won the sporting community.
Bronze medal with 78.39m.
Satwiksairaj Rankireddy and Chirag Shetty
Australia & Uzbekistan Confirmed as Host won the doubles title in BWF Thailand Open
of AFC Women's Asian Cup 2026 & 2029 2024
Australia and Uzbekistan have been confirmed as the Indian shuttlers Satwiksairaj Rankireddy and Chirag
hosts of the 2026 and 2029 editions of the Asian Shetty have won the men’s doubles title in the
Football Confederation (AFC) Women's Asian Cup, Badminton World Federation (BWF) Thailand Open
respectively. Uzbekistan will become the first Central Super 500 badminton tournament 2024 which was
Asian nation to organize the AFC Women’s Asian Cup. held from 14th to 19th May 2024 in Bangkok, Thailand.
Uzbekistan was the host country of the AFC Under ✓ The world No. 3 Indian pair clinched the title by
20(U20)Women's Asian Cup 2024, held from 2 to 16 defeating the 29th-ranked Chen Bo Yang and
March 2024. Liu Yi of China.
✓ Australia, the co-host of FIFA (Fédération ✓ This was their second tournament win of 2024
Internationale De Football Association) and second Thailand Open title after winning it
Women's World Cup 2023, is set to host the in 2019.

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Results: beating the joint bid of Belgium, Netherlands and

Category Winner Runner-Up Germany (BNG).

Men’s Lee Zii Jia Ng Ka Long Angus

Singles (Malaysia) (Hong Kong,China) India Finishes Third, Kazakhstan Tops the
Supanida Medal Tally of the Elorda Cup Astana 2024
Women’s
Katethong Han Yue (China) India finishes third in the medal tally with a total of 12
Singles
(Thailand) medals (2 Gold , 2 Silver & 8 Bronze) in the 3rd edition
Satwiksairaj Elorda Cup Astana 2024 (International Boxing
Rankireddy Tournament) held in Astana, Kazakhstan from 12th to
Men’s Chen Bo Yang and
and Chirag 19th May 2024. The two-time world champion Nikhat
Doubles Liu Yi (China)
Shetty Zareen and Minakshi bagged gold medal.
(India) ✓ Kazakhstan Topped the medal tally with a
Jongkolphan total of 52 medals (14 Gold, 13 silver & 25
Kititharakul Febriana Dwipuj Bronze) and China at the second position with
Women’s and Kusuma and Amallia 7 medals (5 Gold, 1 silver & 1 Bronze).
Doubles Rawinda Cahaya Pratiwi Indian Medal Winners:
Prajongjai (Indonesia) Category Winner
(Thailand)
Gold Minakshi (48kg); Nikhat Zareen (52kg)
Dechapol
GUO Xin Silver Anamika (50kg) and Manisha (60kg)
Puavaranukroh and
Mixed Wa and Men- Yaiphaba Singh Soibam (48kg),
Sapsiree
Doubles Chen Fang Abhishek Yadav (67kg), Vishal (86kg) and
Taerattanachai
hui (China) Gaurav Chauhan (92+kg)
(Thailand) Bronze
Women – Sonu (63kg), Manju Bamboriya
(66kg), Shalakha Singh Sansanwal (70kg)
Max Verstappen beats Lando Norris to win and Monika (81+kg)
the Emilia-Romagna Grand Prix 2024
Red Bull’s Max Verstappen won the Emilia Romagna Magnus Carlsen Won the Casablanca Chess
Grand Prix 2024 defeating McLaren’s Lando Norris who
Tournament 2024; Anand Secured 3rd
finished on the second spot. The Emilia-Romagna
Grand Prix was held on 19th May 2024 in Imola, Italy. Position
This was the 59th Formula 1 win of his career and third Five-time World Champion & World No. 1 Chess player
consecutive win in Imola, Italy. Magnus Carlsen won the inaugural Casablanca Chess
✓ Ferrari’s Charles Leclerc clinched the third Variant Tournament 2024 that was held on 18th-19th
position while McLaren’s Oscar Piastri finished May, 2024 at Mahkama du Pacha in Casablanca,
fourth in the race. Morocco.
✓ The tournament featured 4 distinguished
players who represented 4 different continents
Brazil Declared Host of FIFA Women's
i.e.
World Cup 2027 Vishwanathan Anand (Asia), Bassem Amin (Af
International Federation of Association Football (FIFA) rica), Hikaru Nakamura (America) and
President Gianni Infantino announced Brazil as the Magnus Carlsen (Europe).
host for the 10th edition of FIFA Women's World ✓ Hikaru Nakamura from United States of
Cup (FIFAWWC) 2027 during the 74th FIFA Congress America (U.S.A.) secured 2nd position with 3.5
in Bangkok, Thailand. Brazil became the 1st South points. 5-time World Champion and Indian
American country to hold the Women's World Cup, Chess Player, Vishwanathan Anand secured
the 3rd position with 3 points.

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OBITUARY

Renowned Author, Storyteller & Padma Shri Padma Awardee and Former Chairman of
Awardee Malti Joshi Passed Away ICICI Bank, Narayanan Vaghul passed away
Padma Shri awardee Malti Joshi, a renowned author, Renowned Indian Banker and Former Chairman of
storyteller passed away at the age of 90. Joshi was ICICI Bank, Narayanan Vaghul passed away at the age
awarded the prestigious ‘Padma Shri’ in 2018, of 88 in Chennai, Tamil Nadu (T.N.). He was awarded
recognising her contributions to literature and the Padma Bhushan, India’s 3rd highest civilian
education. honour, in 2010 in the Trade and Industry category.
✓ Malti Joshi was born on 4th June, 1934 in ✓ He was the youngest person to became the
Aurangabad, Maharashtra. She was Popularly chairman of Bank of India (BOI) in 1981. He
known as ‘Malwa ki Meera’. was the Chairman of ICICI (then ICICI Limited)
from September 1985 to April 2009. He
Former Gujarat Governor & Veteran became Chairman of ICICI Bank in 2002
following the merger of ICICI with the Bank.
Congress Leader Kamla Beniwal Passed
Away
A veteran Congress leader and former Gujarat
Iran President Ebrahim Raisi Passed away;
Governor Dr Kamla Beniwal has passed away at the Mohammad Mokhber Takes Charge as
age of 97 at a private hospital in Jaipur, Rajasthan. She Interim President
was born on 12th January 1927 in Jhunjhunu, Iran's 8th President Ebrahim Raisi died in a helicopter
Rajasthan. crash in northwestern Iran (Iran-Azerbaijan border),
✓ She served as the Governor of Tripura from Following his death Iran's 1st Vice President
October 2009 to November 2009. She became Mohammad Mokhber was appointed as Interim
the first female governor of any state in President of Iran for 50 days (before mandatory
Northeast India. presidential elections).
She has also served as the Governor of ✓ Iran’s government cabinet also appoints
Gujarat (2009 to 2014) and Mizoram (July Deputy Foreign Minister Ali Bagheri Kani as
2014 to August 2014) and as Deputy Chief acting foreign minister after the death of
minister of Rajasthan. Hossein Amir-Abdollahian in the crash.
✓ At the age of 27, she became the first woman ✓ Mohammad Mokhber's elevation to
minister in Rajasthan. Beniwal was awarded presidential office will be subject to the
the ‘Tamra Patra Award’ by then Prime approval of Supreme Leader Ayatollah Ali
Minister of India, Indira Gandhi. Khamenei.

BOOKS & AUTHORS

Anuradha Mascarenhas’s new book “At The ✓ This book outlines the life journey of
Wheel of Research”, biography of former Dr. Soumya Swaminathan, the inaugural
Chief Scientist at the World Health
WHO Chief Scientist Soumya
Organisation (WHO) (2019 to 2022) and the
Anuradha Mascarenhas, Senior Assistant Editor, The
former Director General(DG) of the Indian
Indian Express, has penned a new book titled “At The
Council of Medical Research (ICMR) (2015 to
Wheel of Research: An Exclusive Biography of Dr.
2017).
Soumya Swaminathan”. The book is published by
✓ She is the daughter of
Bloomsbury Publishing India Pvt. Ltd.
Dr. Monkumbu Sambasivan (MS)

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Swaminathan, the agricultural

scientist popularly known as the “Father of the
Green Revolution in India”.

IMPORTANT DAYS

International Day of Living Together in Peace observed across the globe on 17 May to raise
2024 - May 16 awareness of the benefits of the Internet and other
information and communication technologies (ICT).
The United Nations (UN) International Day of Living
✓ WTISD 2024 was observed under the theme:
Together in Peace is annually observed across the
"Digital Innovation for Sustainable
globe on 16 May to mobilise the efforts of global
Development."
communities to promote peace, tolerance, inclusion,
understanding, and solidarity.
✓ The first-ever International Day of Living World Hypertension Day 2024 - May 17
Together in Peace was observed on 16 The World Health Organization (WHO) annually
May 2018. observes the World Hypertension Day (WHD) on 17
May to increase awareness of Hypertension, also
International Day of Light 2024 - May 16 known as high blood pressure (BP), and stimulate
global action to combat high blood pressure.
The International Day of Light (IDL) is a global
The 2024 theme of WHD is, "Measure Your Blood
initiative annually observed across the globe on 16
Pressure Accurately, Control It, Live Longer."
May to acknowledge the pivotal role of light in science,
WHL 2024 Excellence Awards:
culture, art, education, and sustainable development
✓ On WHD 2024, the WHL recognised the WHL
and impact diverse fields including medicine,
2024 Excellence Award Winners for their
communications, and energy.
contributions to global hypertension
✓ 16th May 2024 marks the 7th edition of the
prevention and control.
UNESCO’s International Day of Light. The first-
✓ Indian Recognitions in the WHL 2024
ever International Day of Light was observed
Excellence Awards are:
on 16 May 2018.
✓ Norman Campbell Excellence Award in
Population Hypertension Prevention and
National Dengue Day 2024 - May 16 Control: Professor (Dr) Balram Bhargava,
National Dengue Day is annually observed across Chief of Cardiothoracic Centre, All India
India on 16 May to spread awareness about Dengue, a Institute of Medical Sciences (AIIMS), New
mosquito-borne viral infectious disease, and to Delhi, and President, National Academy of
promote preventive measures to combat Dengue. Sciences.
✓ The 2024 theme of the National Dengue Day
is, “Connect with Community, Control
Endangered Species Day 2024 - May 17
Dengue.”
Endangered Species Day (ESD) is annually observed
✓ The annual observance of National Dengue
Day is led by the Ministry of Health and Family across the globe on the 3rd Friday in May, to raise
awareness about the endangered species, an animal or
Welfare (MoH&FW).
plant that is considered at risk of extinction. ESD 2024
was observed on 17th May 2024. This marks the 19th
World Telecommunication and Information annual observance of the day.
Society Day 2024 - May 17 ✓ The theme of ESD 2024 is “Celebrate Saving
The United Nations (UN) World Telecommunication Species”.
and Information Society Day (WTISD) is annually

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✓ ESD 2023 was observed on 19 May 2023 and the threats they face, and their contribution to
ESD 2025 will be observed on 16 May 2025. sustainable development.
✓ World Bee Day 2024 was focused on the
International Day Against Homophobia, theme "Bee Engaged with Youth." The 1st
World Bee Day was observed on 20 May 2018.
Transphobia, and Biphobia 2024 - May 17
The International Day Against Homophobia,
Transphobia, and Biphobia is annually observed World Metrology Day 2024 - May 20
across the globe on 17 May to commemorate the day World Metrology Day (WMD) is annually observed
on which the World Health Organization(WHO) across the globe on 20 May to raise awareness about
decided to declassify homosexuality as a mental Metrology, the science of measurement, and its
disorder. application and to highlight the importance of
✓ The theme of International Day Against measurement science in our daily lives. 20 May 2024
Homophobia, Transphobia, and Biphobia 2024 marks the official recognition of WMD by the United
is “No One Left Behind: equality, freedom Nations Educational, Scientific and Cultural
and justice for all”. Organization (UNESCO).
✓ The theme for World Metrology Day 2024 is
"Sustainability." The 1st celebration of WMD
International Museum Day 2024 - May 18
took place on 20 May 2000.
International Museum Day (IMD) is annually observed
across the globe on 18 May, to increase public
awareness of the role of museums in the development World Day for Cultural Diversity for
of society and recognise their role in education, and Dialogue and Development 2024 - May 21
heritage preservation. The United Nations (UN)’s World Day for Cultural
The 2024 theme of IMD is, “Museums for Education Diversity for Dialogue and Development is annually
and Research.” observed across the globe on 21st May to celebrate
the richness of the world's culture and underscore the
World AIDS Vaccine Day 2024 - May 18 importance of its diversity.
✓ The UNGA resolution follows the Universal
World AIDS Vaccine Day (WAVD), also known as HIV
Declaration on Cultural Diversity adopted by
Vaccine Awareness Day (HVAD), is annually observed
across the globe on 18th May to raise awareness UNESCO in 2001. The 1st ever World Day for
Cultural Diversity for Dialogue and
about the significance of Human immunodeficiency
Development was observed on 21st May
viruses (HIV) infections in preventing Acquired
immunodeficiency syndrome (AIDS). 2003.
✓ 18th May 2024 marks the observance of the
27th annual HIV Vaccine Awareness Day International Tea Day 2024 - May 21
(HVAD). The United Nations (UN)’s International Tea Day (ITD)
✓ The red ribbon is the universal symbol of is annually observed across the globe on 21st May to
awareness and support for people living with promote sustainable production and consumption of
HIV. tea and highlight the role of tea cultivation in combating
hunger and poverty.
World Bee Day 2024 - May 20 ✓ 21st May 2024 marks the observance of the
The United Nations (UN) World Bee Day is annually 5th ITD. The 1st UN-recognised International
Tea Day was observed on 21 May 2020. ITD is
observed across the globe on 20 May to raise
observed by the Food and Agriculture
awareness about the importance of bees and
beekeeping globally and the significance of pollinators, Organization(FAO) of the United Nations.

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National Anti-Terrorism Day 2024 - May 21 Biological Diversity was observed on 22nd
National Anti-Terrorism Day is annually observed May 2002
across India on 21 May to mark the death anniversary
of former Prime Minister (PM) Rajiv Gandhi, who was International Day for Women in Maritime
assassinated in 1991 at Sriperumbudur, a village near 2024- May 18
Chennai, Tamil Nadu.
The International Day for Women in Maritime
✓ 21 May 2024 marks the 33rd death
(IDWIM) is annually observed across the globe on 18
anniversary of the 6th PM of India, Rajiv May to celebrate and honour the contributions of
Gandhi (1984 to 1989). In 1992, the
women in the maritime industry and promote women's
Government of India (GoI) decided to observe
recruitment, retention, and sustained employment in
21 May as National Anti-Terrorism Day to
the sector.
honour the memory of Rajiv Gandhi.
✓ The annual event of IDWIM is initiated by the
International Maritime Organization (IMO) of
International Day for Biological Diversity the United Nations (UN).
2024 - May 22 ✓ The 2024 theme of IDWIM is, "Safe Horizons:
The United Nations (UN) International Day for Women Shaping the Future of Maritime
Biological Diversity(IDB) is annually observed across Safety."
the globe on 22nd May to increase understanding and ✓ IMO has presented the inaugural IMO Gender
awareness of biodiversity issues and to promote the Equality Award 2024 to Ms. Despina
conservation of biological diversity. Panayiotou Theodosiou (Cyprus), during an
✓ The theme of IDB 2024 is “Be part of the event.
Plan”. The first ever International Day for

STATE NEWS

Assam Launched DRIMS For Reporting damages caused by disasters. The digital platform was
Damages During Disasters developed in collaboration with United Nations
Children’s Fund (UNICEF) which captures critical
Assam has launched the Disaster Reporting and
Information Management System (DRIMS), a digital impact indicators of damages during disasters and
assists in providing relief and rehabilitation grants to
platform for accurate reporting and assessment of
the impacted beneficiaries.

Aspirant Queries
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Affairscloud: We Guaranteed All the Important topics related to

examination are covered in Our Daily CA content and Daily CA
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Affairscloud: As some of the major news sites doesn't provide the

required data on the exact day, we take extra time for important
data to be presented to the aspirants on the examination basis to
ensure nothing is missed.
Example: In 'Important Days' topics the International
Organisations publish their reports and Rankings in the evenings, to
make sure every data is covered, we delay the topics to the next day

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