Current Affairs – May 09 2023

Current Affairs – May 09 2023

Current Affairs – May 09 2023. Read and Download daily, monthly latest Current Affairs Daily Digest 2023 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2023 PDF and Current affairs quiz PDF .

Current Affairs – May 09 2023

1. First China-Central Asia Summit

Chinese President Xi Jinping will be hosting a summit with the leaders of five Central Asian nations next week. This is part of China’s plan to increase its influence in the region.

The summit is named China-Central Asia Summit and is set to take place in Xi’an, the first of its kind since formal relations were established 31 years ago.

The leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan are expected to attend the two-day summit from May 18 to 19, with a focus on strengthening economic and diplomatic ties with Beijing.

Investment in Central Asia

China has invested billions of dollars in Central Asia to tap into natural gas reserves. Rail links connecting China to Europe criss-cross the region and are vital to the success of Mr. Xi’s Belt and Road Initiative, a trillion-dollar global infrastructure project aimed at strengthening trade and infrastructure ties between China and other countries, primarily in Asia, Europe, and Africa.

2. Max Verstappen wins the Miami Grand Prix 2023

World champion Max Verstappen powered from ninth on the grid to beat Red Bull team-mate Sergio Perez and win the Miami Grand Prix 2023. The victory extends Verstappen’s lead at the top of the standings and follows his triumph in the inaugural Miami race last year.

Aston Martin’s Spanish veteran Fernando Alonso took third for his fourth podium in five races this season as he continues to enjoy his late career revival. Charles Leclerc, who crashed late in qualifying and started seventh on the grid, finished in seventh place with Frenchman Pierre Gasly of Alpine in eighth.

3. MakeMyTrip collaborates with Microsoft to introduce voice assisted booking in Indian languages

MakeMyTrip, leading travel portal announced a collaboration with Microsoft to bring travel planning to a wider audience through the introduction of voice-assisted booking in Indian languages.

The new technology stack incorporates Microsoft Azure OpenAI Service and Azure Cognitive Services to enable personalised travel recommendations for users based on their preferences.

The service is currently available in beta versions of English and Hindi for flights and holidays customers, with the next stage set to introduce voice-assisted booking for other transport offerings.

4. India operationalized Sittwe port in Myanmar

The Sittwe Port in Myanmar has been put into operation by India, with the first shipment departing from the Syama Prasad Mookerjee Port in Kolkata.

The project is a part of the Kaladan Multimodal Transit Transport initiative. The inaugural shipment, carrying 20,000 bags of cement weighing 1,000 metric tonnes, is expected to arrive at the Sittwe Port.

Constructed with grant aid from the Indian government, the port has been established based on a framework agreement between India and Myanmar for building and running a multimodal transit transport facility on the Kaladan river.

Once the Kaladan Multimodal Transit Transport Project (KMTTP) is fully operational, it will provide an alternative route for connectivity from India’s eastern coast to the northeastern states through the Sittwe port.

5. Everest Annual ITS rankings: Accenture Tops Everest Annual ITS Rankings for Seventh Consecutive Year

Global IT research firm Everest Group has released its annual PEAK Matrix Service Provider of the Year Awards for Information Technology (IT) services. The rankings recognise large IT service providers with over $2 billion in annual revenue who have demonstrated superior capabilities and service strategies.

For the seventh year in a row, Accenture has secured the number one spot in the rankings, followed by Tata Consultancy Services (TCS), Capgemini, Wipro, and HCLTech. TCS climbed to second place, while Capgemini and Wipro each rose three positions in the rankings over last year.

6. First Dubai FinTech Summit

Dubai is making strides towards becoming a global business hub, with its strategic location, world-class infrastructure, and investor-friendly policies.

Recently, the city hosted the inaugural Dubai FinTech Summit from May 8th to 9th, which was hosted by the Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa, and South Asia (MEASA) region.

The Summit was inaugurated by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, who holds positions of First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE, and serves as the President of DIFC.

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