Current Affairs Daily Digest – May 7 2019

Current Affairs Daily Digest – May 7 2019


1. Noted writer, academician Maramraju Satyanarayana Rao dies

Prominent writer and academician, Maramraju Satyanarayana Rao passed away following a cardiac arrest.He was 84.

2. Indian-origin journalist conferred with V K Krishna Menon award

G D ‘Robert’ Govender, an Indian-origin journalist in South Africa, has been honoured in the UK with 2019 V K Krishna Menon award for his outstanding contribution as a pioneer of decolonised journalism.

The South Africa-born journalist was awarded posthumously during an event to mark the 123rd birth anniversary of Indian diplomat and politician V K Krishna Menon.

3. Mastercard to invest $1 bn in India, plans to make country global tech node

Global card payments major Mastercard Monday said it will invest USD 1 billion (about Rs 7,000 crore) in India in the next five years and plans to make the country a global technology node for its platforms.

The company has already invested USD 1 billion in the Indian market in the last five years.

This investment will help foster innovation and increase Mastercard’s speed-to-market capabilities and value-added services.
Of the USD 1 billion investment, over USD 300 million will be used to develop the India technology node. The rest of the investment will go towards existing services and expanding capacity among others, Sarker said.

4. E-filing of tax returns saw 19% growth in AY19, says Finance Ministry

The finance ministry said there was growth of 19 per cent in income-tax returns (ITRs) electronically filed for the assessment year 2018-19 (AY19), compared to those in 2017-18 (AY18).

The ministry said a total of 66.8 million returns were e-filed in FY19, which included 64.9 million for AY19. On the other hand, a total 67.4 million returns were e-filed in 2017-18 (FY18), which included 54.7 million for AY18.

According to the data released by the ministry, fewer returns — 1.9 million — were filed in FY19 for earlier years than 12.7 million in FY18.

5. Gaurav Solanki, Manish Kaushik Win Gold in Stamm International Boxing Tournament

Gaurav Solanki (52kg) and Manish Kaushik (60kg) delivered a gold medal each as Indian boxers collected a rich haul of two gold, one silver and three bronze to finish their campaign on a high at the XXXVI Feliks Stamm International Boxing Tournament in Warsaw, Poland on Saturday.

The 22-year-old Solanki showed glimpses of the impeccable form that brought him a gold medal from the Commonwealth Games and the Chemistry Cup last year as he outpunched England’s William Cawley 5-0 on his way to the coveted yellow metal.

6. Missile destroyer ‘INS Ranjit’ decommissioned

Frontline missile destroyer of the Indian Navy’INS Ranjit’ was decommissioned at the Naval Dockyard, Visakhapatnam, after serving the Indian navy for 36 years.

INS Ranjit, the third of the five Kashin-class destroyers built by the erstwhile USSR, was commissioned on September 15 1983. The ship was decommissioned ata solemn ceremony at the Naval Dockyard when the national flag, naval ensign and Commissioning Pennant were lowered.

7. Myntra appoints Virat Kohli, Anushka Sharma as first brand ambassadors

Flipkart-owned fashion e-commerce platform Myntra n Friday announced that it had appointed celebrity couple Virat Kohli and Anushka Sharma as its first brand ambassadors.

The platform declined to reveal the brand deal size or period of association. According to celebrity management sector estimates, Myntra may be shelling out upwards of ₹10 crore for the couple as brand endorsement fee.

This is would be the couple’s second big brand endorsement deal after men’s ethnic wear brand Manyavar, which they have been associated with since 2017.

Myntra has launched an integrated campaign called ‘Go Myntra-la-la’ which will be promoted across television, print, digital and outdoor.

8. Serbian Dragan Mihailovic appointed Indian men’s volleyball team coach

The Volleyball Federation of India appointed Serbian Dragan Mihailovic as head coach of the men’s national team in a move linked to the long term goal of Olympic Games qualification.

The VFI also announced the appointment of Pryemyslaw Gaszyoski and Valadimir Radosevic as the team’s physio trainer and physiotherapist respectively.

9. Vodafone Idea signs multi-million dollar IT deal with IBM

India’s largest telecom operator Vodafone Idea Ltd announced a five-year multi-million-dollar IT outsourcing deal with tech giant IBM.

“The collaboration will provide Vodafone Idea with a hybrid cloud based digital platform to enable more intimate engagement with its over 387 million subscribers (as of 31 December, 2018), enhancing business efficiency, agility and scale plus simplification of its business processes.

10. The US Air Force successfully tested a laser system to shoot down missiles

The US Air Force announced that it has successfully used a laser weapons system to shoot down multiple missiles while in flight. The system is designed to eventually be mounted on aircraft to be used to protect the vehicle from attacks.

The Air Force Research Laboratory conducted the test at the US Army’s White Sands Missile Range in New Mexico in April. The system, called the Self-Protect High Energy Laser Demonstrator (SHiELD), was used from the ground, and was used to shoot down “multiple air launched missiles in flight.”

11. World Asthma Day 2019: 7 May

World Asthma Day is an annual event organized by the Global Initiative for Asthma (GINA) on the first Tuesday in May to improve asthma awareness and control around the world. This year it was observed across the globe on May 7, 2019.

The theme of World Asthma Day 2019 was ‘STOP for Asthma’. Asthma is a long-term inflammatory disease of airways of lungs. Common symptoms of asthma include wheezing, coughing, chest tightness and shortness of breath.

12. Stevo Pendarovski wins North Macedonia’s presidential election

Stevo Pendarovski, supported by the ruling Social Democrats (SDSM), has won the North Macedonian presidency in a run-off vote.

The 56-year-old garnered 51.66 percent of the vote in North Macedonia on Sunday, beating nationalist VMRO’s Gordana Siljanovska-Davkova which got 44.73 percent. The remaining 3.61 percent of the votes were void.

13. World renowned chardham yatra begins

In Uttrakhand, the world renowned and much awaited chardham yatra began from today. On the auspicious occasion of Akshay Tritya, Gangotri and Yamunotri dhams have been opened for pilgrims.

Gangotri dham’s kapat was opened at 11.30 in the morning wheras Yamunotri dham kapat at 1.15 in the afternoon. Large number of devotees were present to witness the grand opening of the shrines and offered pujas. Gangotri and Yamunotri temples are located in Uttarkashi district of the state and are two of the four sacred pilgrimage centres famously known as Chardham.

14. IBSA Sherpas meet concluded in Cochin

India, Brazil and South Africa (IBSA) Sherpas meeting was held in Cochin, Kerala from May 3 to May 5, 2019. Before IBSA Sherpas meeting, the 9th IBSA trilateral Ministerial Meeting was also concluded at the same venue.
Indian delegation was led by T.S. Tirumurti, Secretary (Economic Relations) in Ministry of External Affairs and Amb. Norberto Moretti, Sherpa of Brazil and Prof. Anil Sooklal, Sherpa of South Africa led their respective delegation at the meeting.

15. Israel honoured 1971 Bangladesh Liberation War hero Lt. Gen JFR Jacob

Israel honoured Lt. Gen. (retd) Jack Farj Rafael (JFR) Jacob who negotiated the historic surrender of Pakistani troops in Dhaka after the 1971 Bangladesh liberation war, with a plaque on the Wall of Honour at the Ammunition Hill.
Lt. Gen. Jacob, who passed away in 2016 at the age of 92, was one of the most prominent members of India’s relatively small Jewish community serving as a Lieutenant General in the Indian Army and later as a Governor of two Indian states-Goa and Punjab.

16. 59th BRO Raising Day

Border Roads Organisation (BRO) is celebrating its 59th Raising Day today. BRO is a leading road construction agency under the Ministry of Defence with a primary role of providing road connectivity in border areas. It executes road construction and maintenance works along the Northern and Western frontiers primarily to meet the strategic requirements of the Army and is responsible for over 53,000 Km roads.

In 2018-19, BRO executed 991 Km of Formation Cutting, 1965 Km Surfacing, Rs. 1518 Crores Permanent Works, 2817 M of Bridge construction and undertook resurfacing of 1778 Km roads along our Northern and Western Borders. The works done by BRO saw a jump of more than 12% in 2018-19 over the previous financial year.

17. Bangladesh Delegation meets I&B Ministry

A Delegation from Bangladesh led by H.E. Dr. Gowher Rizvi, Adviser to Prime Minister of Bangladesh, including H.E. Mr. Syed Muazzem Ali, High Commissioner of Bangladesh to India and other delegates met Shri Amit Khare, Secretary and other officials of I&B Ministry today.

The meeting focussed on various aspects of making of feature film on the life and works of Bangabandhu Sheikh Mujibur Rahman, co-production of which had earlier been announced by the Hon’ble Prime Ministers of both the countries. The movie will be directed by acclaimed filmmaker Shri Shyam Benegal who, along with scriptwriter of the movie Shri Atul Tiwari, was also present during the meeting.

About the author

Richa

Richa Gupta is a Banking Aspirant. Her dream is to become a PO in Government Bank. Aptitude and Reasoning are her strong zones. Richa is a hard working person who loves to share the knowledge she acquired to other Aspirants.

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