Weekly Current Affairs: May 7-May 14

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Important Days

May 08: 
  • World Red Cross Day Celebrated 
  • It is celebrated on the Birth Anniversary of Henry Dunant founder of Red Cross and International Committee of the Red Cross (ICRC).
May 10
  • World Migratory Bird Day 
  • Theme: "Their Future is our Future"
  • It was initiated in 2006



May 11
  • National Technology Day
  • It is celebrated to memorise the anniversary of Shakti, the Pokhran nuclear test held on 11 May 1998. 

May 12
  • International Nurses Day
  • Theme: A voice to lead – Achieving the Sustainable Development Goals”.

May 14
  • International Mothers’ Day
  • Mother's Day is celebrated on the second Sunday of May every year. 

National Events


Assam declared "Disturbed Area"
Assam Declared as Disturbed Area under the Armed Forces (Special Powers) Act - the AFSPA.


India's First Biorefinery in Pune
India’s first biorefinery plant which produces ethanol from variety of biomass was inaugurated at Rahu in Pune district.

Jharkhand Shifted Fiscal Year
Jharkhand became the second state to shift fiscal year to January-December.

Odisha to launch boat ambulance

  • Odisha Government decided to launch boat ambulance services in four districts viz. Koraput, Malkangiri, Kendrapara and Kalahandi


Data Collection Exercise of Haryana
Haryana Government has decided to initiate the two-month long data generating exercise from June to collect the details of land holdings and status of facilities such as social security pension, scholarship, MGNREGA, loans and LPG connection. The team of data collection will be called Saksham and e-Numerator.

Cash on delivery of Rail tickets
IRCTC has started cash-on -delivery of tickets booked online

Justice CS Karnan Sentenced 6-month imprisionment
For the first time in India, Justice CS Karnan of Calcutta high court was sentenced six months jail for contempt of court.

SAMADHAN- for Maoists
Union Home Minister Rajnath Singh announced a new strategy against the Maoists—SAMADHAN which refers to S-smart leadership, A-aggressive strategy, M-motivation and training, A-actionable intelligence, D-dashboard-based KPIs H-harnessing technology and A-action plan.

Kochi Metro Appointed Transgenders
Kochi Metro’s Aluva-Palarivattom corridor will be the first government-owned company in India to appoint the transgender community.

Special task force to compute employment data
Government has set up a high-level task force to compute timely data on employment in the country, the team of labour secretary Sathiyavathy, secretary statistics T.C.A. Ananth, Pulak Ghosh of NITI Aayog and Manish Sabharwal (member RBI Board) as members will work under the chairmanship of Arvind Panagariya

Integrated Case Management Information System of supreme court
‘Integrated Case Management Information System was uploaded on the Supreme Court website to make the judicial system “extremely transparent”

Bishu Parv of Odisha
Bishu parv or annual hunting festival of Jharkhand's tribal community was celebrated in a bloodless manner in Dalma Wildlife Sanctuary.

Savills Tech Cities Index
Bengaluru topped the Savills Tech Cities Index of most affordable tech cities among the 22 tech cities of the world.

Maitri Station at Antartic to be replaced
India has decided to replace Maitri Station at Antartica with a new station in the next four.

e-facility to link AADHAR-PAN
The Income Tax Department has launched an e-facility to link Aadhaar with Permanent Account Number (PAN)

Logo for hearing impaired drivers
Telangana became the first state to pick the logo for hearing impaired drivers.

Country's first electric taxi
India’s first electric taxi trail will be commenced in Nagpur from May 24 2017.

E-krishi Samvad portal
E-krishi Samvad, an internet-based interface, has been launched by Ministry of Agriculture and Farmers Welfare.

National Contact Centre of ECI
Election Commission of India has launched National Contact Centre with a toll-free No. 1800111950.

Kavach for Indo-Pak border
Border Security Force of India has decided to build invisible laser walls, Kavach on India Pakistan Border.


International Events

Youngest President of France
Emmanuel Macron, 39 year old, became the youngest President of France.

Rabindranath Tagore's birth anniversary
India organised a cultural festival in Egypt to mark the 156th birth anniversary of Rabindranath Tagore

UN-Habitat President
India has been unanimously elected as the president of the UN-Habitat

Eager Lion held in Jordan
Eager Lion the annual joint military exercise of Jordan and the United States was held in Jordan.

Neil Chatterjee
Neil Chatterjee was nominated for key administration position in the Federal Energy Regulatory Commission by US President Donald Trump.

CORPAT conducted in Port Blair
CORPAT, the 29th 29th series of India Indonesia’s coordinated patrol was conducted in Port Blair.

INS Tarkash welcomed by Sachin Tendulkar
INS Tarkash, a state-of-the art stealth ship, is in the UK for naval exercises and to mark UK India Year of Culture 2017 was welcomed by Sachin Tendulkar on river Thames in London.

President of South Korea
Liberal candidate Moon Jae-in was elected the President of South Korea.

India Topped ODA donor list 
India emerged as one of the top ODA (Official Development Assistance) donors to Nepal.

WannaCry attacted global computer systems
A massive ransomware attack named WannaCry attacked the computer systems across several countries, including India. It is was exploited by EternalBlue.

Sports

Asian Boxing Championship
Shiva Thapa won silver medal at the Asian Boxing Championships 2017

Azlan Shah Cup 2017
Britain won the Sultan Azlan Shah Cup title 2017 after a gap of 23 years by defeating Australia

Abu Dhabi Open 2017
India's Vikram Malhotra won his fifth PSA title by defeating Egypt's Youssef Ibrahim in the final of the Abu Dhabi Open.

Shooter Heena Sidhu bagged bronze
Heena Sidhu won bronze medal in 10m Air Pistol at Grand Prix of Liberation Plezn 2017 Shooting
championships 2017.

Jhulan Goswami sets world record
Jhulan Goswami surpassed the Australian Cathryn Fitzpatrick to become the leading wicket-taker in Women's One-Day International (ODI) cricket, taking her haul to 181 wickets from 153 outings.

Devender Singh qualified for London Worlds
Devender Singh becomes 2nd Indian javelin thrower to qualify for London Worlds.

Olly the official mascot
Olly, the representative of Odisha’s Olive Ridley sea turtle has been announced as the mascot of Asian Athletics Championships to be held at Kalinga Stadium, Odisha.

NBA Academy opened in New Delhi
The National Basketball Association (NBA) opened it first NBA Academy in New Delhi

Asian Wrestling Championship
Harpreet Singh and Anil Kumar claimed bronze medal in 80kg and 85kg categories respectively at Asian Wrestling Championship 2017 while woman wrestler Jyoti claimed the bronze medal in 75kg category. Sakshi Malik and Vinesh Phogat bagged silver medals and Ritu Phogat won bronze in 48kg category.

Sourav Ganguly the Skipper
Former Indian captain Sourav Ganguly was named captain of Cricket Australia's Greatest Champions Trophy XI 2017.

Premier League 2017
Chelsea won the 2016-17 Premier League title by defeating West Bromwich

Banking & Finance

RBI's corrective action plan
RBI lowered the threshold needed for implementing a Corrective Action Plan. A minimum of 60% of creditors by value and 50% of creditors by number will now be valid. Earlier, 75% of the lenders by value and 60% by number needed to sign off on a CAP.

Reconstructing of PSU bank boards
The government of India announced a major restructuring of the PSU bank boards with the appointment of new heads of seven PSU banks and a reshuffle of the management of Punjab National Bank and Bank of India.

BOI cut lending rates
Bank of India has cut its marginal cost of funds-based lending rates by 5-10 basis points for May. The revised rates are in the 8.25-8.40 per cent range.

SBI lowers interest rate
State Bank of India (SBI) cut rates on home loans of up to Rs30 lakh by 25 basis points for new borrowers. The rate was reduced to 8.35% from 8.60%. For loans ranging from Rs30 lakh to Rs75 lakh, the bank has cut rates by 10 basis points.

First Point of sale insurance
Edelweiss Tokio Life Insurance launched PoS Saral Nivesh -- the first product to be approved by the Insurance Regulatory and Development Authority of India's (IRDAI) guidelines on point of sale-life insurance products.

Cashback.com & YES bank tied up
Cashback portal Cashkaro.com has tied up with YES Bank to launch card-linked offers as part of its loyalty programme for both offline and online shoppers.

LIC launched Grihi Sidhi
LIC Housing Finance has come up with a new home loan product ‘Griha Siddhi’ under which women can borrow loans up to Rs. 25 lakh at an interest rate of 8.35 per cent per annum. For other borrowers, the interest rate will be 8.40 per cent.


Science & Technology

HAT-P-26b
Scientists using NASA telescopes have detected "a strong water signature" in the atmosphere of a distant Neptune-sized planet called HAT-P-26b


Ranking/Index


  • The Hinduja brothers have topped the 2017 list of UK’s 1,000 wealthiest people
  • Retail Mogul Yusuff Ali and Pepsico executive Sanjeev Chadha are among the top 100 Indian business leaders in the Arab World 2017,of Forbes Middle East 100 Indian business leaders


Awards & Achievements


Awardee Award
Saqib Majeed (Freelance Photographer)
2016 Wisden-MCC (Melbourne Cricket Council) Cricket Photograph of the Year
Konkona Sensharma
best director for A Death in the Gunj and best actress Lipstick Under My Burkha 2017's New York Indian Film Festival (NYIFF).
Mukti Bhawan
Best Film at 2017's New York Indian Film Festival (NYIFF).
Emma Watson
first-ever Genderless Acting Award for the Best Actor category at the MTV Movie and TV Awards.
Sony Picture Networks
Aon Best Employers India in the 2017
N'Golo Kante
Footballer of the Year by Football Writers' Association
Chanda Kochhar
first Indian woman to win Woodrow Wilson Award for Global Corporate Citizenship.
Vikram Visha
India’s Young Scientist
NDTV
Media For Sanitation’
M P Veerendra Kumar
K Chandrasekharan Memorial Award
V.V.S. Laxman
Life membership to the Marylebone Cricket Club (MCC).
7th annual Asian Awards
Sachin Tendulkar
Fellowship Award
Om Puri
outstanding achievement in Cinema(posthumously)
Adnan Sami
Adnan Sami
Krishnan Guru-Murthy
Outstanding Achievement in Television
Ajay Banga
Business Leader of the Year
Masayoshi Son
Entrepreneur of the year
Nisha Dutt
Social Entrepreneur of the year


Appointments

Amitabh Bachchan
WHO’s goodwill ambassador for hepatitis in South-East Asia region
Justice (Retd.) Mukul Mudgal
Head of FIFA's governance committee at the world football governing body's 67th Congress
Vinay Mohan Kwatra
Ambassador of India to France
Harinder Rao
General Manager (GM) of the Eastern Railway
Anil K Gupta
General Manager (GM) of the Western Railway
Taranjeet Singh
Director of Twitter India
Sanjay Mitra
Defence secretary
Usha Ananthasubramanian
MD & CEO of Allahabad Bank
Venu Rajamony
India's Ambassador to the Netherlands
R Subramania Kumar
MD and CEO of Indian Overseas Bank
Rajkiran Rai G
MD and CEO of the Union Bank of India.
Usha Ananthasubramanian
MD and CEO Allahabad Bank
Melwyn Rego
MD and CEO Syndicate Bank
Sunil Mehta
MD and CEO Punjab National Bank.
Dinabandhu Mohapatra
MD and CEO Bank of India
R A Sankara Narayanan
MD and CEO of Vijaya Bank.
Sankara Narayanan
MD and CEO of Vijaya Bank
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