Current Affairs Daily Digest – May 07 2018

Latest Current Affairs – May 07 2018

Latest Current Affairs

1. Putin sworn-in as Russian President for fourth term

Vladimir Putin has sworn-in as the President of Russia for the fourth time, renewing another six-year term in office. “Our country is one big team that can cope with everything,” he said. Putin, who has ruled the country as either President or Prime Minister since 1999, won the presidential elections in March with over 76% of the votes.

2. Border Roads Organisation celebrates 58th Raising Day

Border Roads Organisation (BRO), is celebrating its Raising Day on 07 May 2018. BRO, a leader in the arena of infrastructural development in the border areas of the country is celebrating its 58 years of glorious service to the nation. Since its inception in 1960, so far the Organisation has grown from 02 to 19 projects.

The works executed have ensured the territorial integrity and the socio-economic upliftment of the most inaccessible regions of the country as well as India’s neighbourhood.

3. India to host 15th Asia Media Summit

India would be hosting the 15th Asia Media Summit (AMS-2018) in New Delhi from May 10-12, 2018. The annual summit will be organised by Asia-Pacific Institute for Broadcasting Development (AIBD) in collaboration with its partners and international organisations.

Summit’s theme: “Telling our Stories Asia and More”

The summit mainly aims to provide a unique opportunity to the broadcasters in Asia to share their thoughts on broadcasting and information. The summit is expected to see in attendance media professionals, scholars, policy makers and stakeholders of news and programming from Asia, Pacific, Africa, Europe, Middle East and North America.


Established in 1977, the Asia-Pacific Institute for Broadcasting Development (AIBD) is a unique regional inter-governmental organisation servicing countries of the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) in the field of electronic media development.

4. India signs 200 million US Dollar Loan Deal with World Bank for National Nutrition Mission

The Government of India signed a loan deal worth $ 200 million with the World Bank for the National Nutrition Mission (POSHAN Abhiyaan). The loan would help the Government of India in achieving its goal of reducing stunting in children 0-6 years of age from 38.4% to 25% by the year 2022.

The POSHAN (PM’s Overarching Scheme for Holistic Nourishment) Abhiyaan was launched by the Prime Minister on 8th March 2018 at Jhunjhunu, Rajasthan. The loan approved will support the first phase scale up to 315 districts across all states and union territories (UTs).

5. Vice President of India departs for a 6-day visit to Guatemala, Panama and Peru

The Vice President of India, Venkaiah Naidu departed for a 6-day visit to Guatemala, Panama and Peru. This is the first official foreign visit of Venkaiah Naidu since he assumed office of the Vice President in August last year. The Vice President said his visit will strengthen relations with these Latin American countries.

6. Reserve Bank of India Announced Rs 10,000 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 debtit had offered to bidders.

The 10-year government bond yield rose to 7.75% from 7.74% before the auction result was announced. The eligible participants should submit their offers in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system.

7. Skill India Organized ‘Ajeevika And Kaushal Vikas Mela’ In Bhubaneswar

Ministry of Skill Development and Entrepreneurship (MSDE) and Ministry of Rural Development (MoRD), together joined hands to amplify the “Gram Swaraj Abhiyaan” of the current incumbent government which is promoting social harmony and awareness around the pro-poor initiatives of the government.

MSDE organized a Kaushal and Rojgar Mela at New Women’s College in Bhubaneswar, Odisha, where more than 5000 people from different walks of life participated.

8. India and Sri Lanka Agree On Information Exchange For Drug Control

India and Sri Lanka agreed on cooperation on exchange of information and other aspects to tackle smuggling of drugs in both countries. A decision to this effect was taken at the third bilateral meeting between delegations from India’s Narcotics Control Bureau (NCB) and Sri Lanka’s Police Narcotics Bureau (PNB) on narcotics, drugs and psychotropic substances and related matters in New Delhi.

9. Third South Asian Junior Athletics Championships: India Tops With 50 Medals

India finished on top in the 7-nation 3rd South Asian Junior Athletics Championships in Colombo, Sri Lanka on the final day.

  1. India ended with 20 gold, 22 silver and 8 bronze medals (Total 50 Medals).
  2. Sri Lanka bagged rest of the 12 gold medals in the competition along with 10 silver and 19 bronze.
  3. Pakistan won one silver and a bronze to settle for the third place.

The juniors will next represent India at the 18th Asian Junior Athletics Championships to be held in Gifu, Japan in June 2018.