Current Affairs May 2019

  • 20-May-2019
  • AI training to 15,000 people by Microsoft by 2022

    Software major Microsoft has decided to train and certify 15,000 workers on Artificial Intelligence (AI) skills by 2022, in partnership with education provider General Assembly (GA). The training will revolve around technologies including data science, Machine Learning (ML), Cloud and data engineering among others. "According to the World Economic Forum, up to 133 million new roles could be created by 2022 and to address this challenge, Microsoft and GA will power 2,000 job transitions for workers into AI and ML roles in year one and will train an additional 13,000 workers with AI-related skills across sectors in the next three years," the company wrote in a blog-post on Friday. 

  • CTET Exam 2019: SC seeks response from CBSE, Centre

    The Supreme Court Thursday sought responses from the Centre and CBSE on a plea seeking ten per cent reservation for economically weaker sections in Central Teacher Eligibility Test (CTET), 2019.

    A vacation bench comprising justices Indira Banerjee and Sanjiv Khanna issued notices to the Centre and the Central Board of Secondary Education (CBSE) on the plea and asked them to respond to it by July 1, the next date of hearing

  • Dwayne Bravo in reserve list for World Cup 2019

    Former West Indies captain Dwayne Bravo, who had announced his retirement from international cricket in October 2018, has been included in the team’s list of reserve players for the World Cup. The list, put up on the website of Cricket West Indies (CWI), also included Kieron Pollard, who hasn’t played an ODI since October 2016.

    Bravo has not played an ODI since October 2014. His last appearance in West Indies colours came in a T20I match against Pakistan in September 2016.

  • Bangladesh bans fishing for 65 days

    Bangladesh has banned fishing off its coast for 65 days to try and boost depleted fish stocks.

    The government told the BBC that all types of fishing vessels would be covered by the ban and coast guards would enforce it from Monday.

    Thousands of fishermen have planned protests - arguing that they will be left without a source of income.

  • 16-May-2019
  • India Signs ‘Christchurch Call to Action’

    To combat online extremism, India has decided to sign an international call initiated by the governments of France and New Zealand along with top social media companies after the Christchurch attacks.

    The document called "Christchurch Call To Action" was signed and adopted on Wednesday with participation from 26 nations, including France, New Zealand, European Commission, Ireland, Norway, Senegal, Canada, Jordan, UK, Indonesia, Australia, Germany, Japan, Spain, Netherlands, Sweden and India.

  • Lokpal Website Launched

    The website of the Lokpal has been launched. The website,, was inaugurated by Chairperson Justice Pinaki Chandra Ghose in presence of all the Members of Lokpal in New Delhi today.

    It provides basic information about the working and functioning of the anti-corruption ombudsman.

  • Captain Aarohi Pandit Becomes 1st Woman In World To Cross Atlantic Ocean Solo In a LSA

    Captain Aarohi Pandit, a 23-year-old pilot from Mumbai became the world's first woman to cross the Atlantic Ocean solo in a Light Sports Aircraft (LSA), thrilling her family, friends and aviation circles on Tuesday.

    She achieved the feat around midnight Monday-Tuesday (May 13-14) when she landed her tiny aircraft at Iqaluit Airport in Canada, after a gruelling 3,000 km long flight, under adverse and extreme weather conditions following take-off from Wick, Scotland (United Kingdom), with brief stopovers in Greenland and Iceland.

  • Nepali Sherpa Kami Rita Scales Mt Everest For 23rd Time; Creates World Record

    A 49-year-old veteran Nepali sherpa has scaled Mount Everest for the 23rd time, breaking his own record in reaching atop the world's highest peak, media reports said Wednesday.

    Kami Rita Sherpa, who summited Everest 22nd time last year to set record of most summits on Mt. Everest, stood on top of the 8,850-metres peak together with other Sherpas on Wednesday morning.

  • Sikkim Statehood Day: 16th May

    President Ram Nath Kovind has greeted the people of Sikkim on their statehood day. It was on 16th May 1975 that Sikkim officially merged with the Indian union and became the 22nd state of the country.

  • RBI Releases 'Vision 2021' For Payment Systems For 'Cash-Lite' Society

    Aiming at a 'cash-lite' society, the Reserve Bank of India Wednesday released a vision document for ensuring a safe, secure, convenient, quick and affordable e-payment system as it expects the number of digital transactions to increase more than four times to 8,707 crore in December 2021.

    The 'Payment and Settlement Systems in India: Vision 2019 - 2021', with its core theme of 'Empowering Exceptional (E)payment Experience', envisages to achieve "a highly digital and cash-lite society" through the goal posts of competition, cost effectiveness, convenience and confidence (4Cs).

  • India’s Overall Exports Registered Positive Growth Of 1.34% In April 2019

    India’s overall exports, combining Merchandise and Services, in April this year is estimated to be around 44 billion US dollars with a positive growth of 1.34 per cent over the April last year.

    According to the Ministry of Commerce & Industry data released today, overall imports in last moth is estimated to be around 53 billion dollars with a positive growth of 4.5 per cent over corresponding period of last year. 

  • SIDBI Launched A Pilot Scheme For Fintech NBFCs

    To give a fillip to digital lending, Small Industries Development Bank of India (SIDBI) has put together a pilot scheme to extend financial assistance of up to Rs10 crore to new-age fintech non-banking finance companies (NBFCs) engaged in financing small businesses and other income-generating activities.

  • Infosys Foundation’s FCRA Licence Cancelled

    The Home Ministry has cancelled the FCRA licence of Infosys Foundation after a request was made by the not-for-profit initiative of the IT major, a senior government official said.

    The Foreign Contribution Regulation Act (FCRA) enables an association or an NGO to receive foreign funds, and they have to mandatorily register under it to receive such funds.

  • Tech Mahindra Partners With French Based Firm Rakuten Aquafadas

    IT services firm Tech Mahindra and French digital content publishing firm Rakuten Aquafadas on Thursday signed an MoU (Memorandum of Understanding) to collaborate on building enhanced customer experience offerings.

    Rakuten Aquafadas and Tech Mahindra aim to build a Customer Experience Offering leveraging the suite of software that Rakuten Aquafadas provides for digital publishing.

  • Sanjiv Puri Appointed ITC's New Chairman

    ITC Managing Director Sanjiv Puri has been appointed as the chairman by the Board of Directors. His new designation will now be chairman and managing director, the company said in a stock exchange filing.

    Company chairman Yogesh Chander Deveshwar passed away on May 11.

    Mr. Puri (56) has been the Managing Director since 2018. He was appointed on the board in December 2015 and as the CEO in February 2017.

  • China To Host 2023 Asian Cup Football Tournament

    South Korea have abandoned their bid to stage Asian Cup Football tournament in 2023, leaving the sole other bidders China with a free run to become hosts. 

    The Korea Football Association (KFA) said in a statement that it had pulled out to strategically focus on a joint bid with North Korea to host the Women's World Cup in the same year.

  • 15-May-2019
  • India To Co-Chair Consultative Group Of Global Facility for Disaster Reduction and Recovery
    India has been unanimously chosen as co-chair of the Consultative Group (CG) of Global Facility for Disaster Reduction and Recovery (GFDRR) for the fiscal year 2020. 
    The decision was taken during the meeting of GFDRR held in Geneva, Switzerland yesterday on the margins of the 6th Session of the Global Platform for Disaster Risk Reduction.
  • Indian Navy's 1st Full-Fledged SSB Opened At Kolkata

    The Indian Navy's first full-fledged Services Selection Board (SSB) was on Tuesday inaugurated by Navy Chief Admiral Sunil Lanba at Diamond Harbour near Kolkata.

    The SSB (Kolkata) is located at a place that was previously occupied by a Naval Coastal Battery, a Navy statement said.

    This is the fifth SSB of the Indian Navy and will cater for selection of both permanent and short service commission (SSC) officers. The other boards are located in Bhopal, Bengaluru, Visakhapatnam and Coimbatore.

  • MoU Signed For Rudraksh Plantation In Ganga Basin

    A Memorandum of Understanding (MoU) was signed between National Mission for Clean Ganga, HCL Foundation and INTACH for taking up a project of ‘Plantation of Rudraksh Trees in Uttarakhand’ as a part of CSR initiative under the ‘Namami Gange’ Programme. 

    While the project aims at planting 10,000 Rudraksh trees in the catchment area of river Ganga in Uttarakhand in association with local community and other stakeholders, it will also help in generating income for people residing in those areas.

  • UN Imposed Sanctions On Terror Group ISIS Khorasan

    The UN has imposed sanctions on terror group ISIS-Khorasan, ISIS-K, for its links with Al-Qaeda and involvement in several attacks in Afghanistan and Pakistan. It is now subject to the assets freeze, travel ban and arms embargo. The group, formed in 2015 by a Pakistani national and a former commander of the Tehrik-e-Taliban Pakistan, has killed over 150 people.

  • HDFC Partners With IMGC For Home Loans

    Housing finance major HDFC Limited has partnered with India Mortgage Guarantee Corporation (IMGC) to offer a mortgage-guaranteed home loan product. The partnership aims to make it possible for HDFC to further penetrate home loan market and access an enlarged customer base, helping them to own a home of their choice.

    This product will help HDFC to offer more loan to a home loan customer on an enhanced eligibility. It also helps customers to avail loans beyond their retirement period. The finer details of the product are being worked out and will be known to market soon.

  • WPI Inflation Slides To 3.07% in April

    Wholesale Price Index (WPI)-based inflation for April eased to 3.07 per cent, from 3.62 per cent in the same month last year.

    The latest WPI print was also lower than 3.18 per cent recorded in March this year. Build up inflation for the financial year so far was 0.75 per cent, lower than 0.86 per cent in the corresponding period of the previous year.

  • Airtel, HDFC Life Insurance Tie Up To Offer Free Cover

    Bharti Airtel and HDFC Life Insurance have tied up to offer life cover for customers who get a prepaid recharge done.

    Airtel’s new Rs 249-prepaid bundle — which will include 2 GB data, unlimited calls across networks, and 100 SMSes per day — will also offer a cover worth Rs 4 lakh from HDFC Life.

  • Paytm Partners With Citibank To Launch 1st Credit Card- 'Paytm First Card'

    Paytm has tied up with Citi to launch a credit card, called the Paytm First Card. The new Paytm credit card is touted to offer one percent "universal unlimited cashback" to customers along with no restrictions on earning categories. While the Paytm First Card comes with an annual fee of Rs. 500, the fee is claimed to be waived if the spends exceed Rs. 50,000 per year. The Paytm First Card is similar to co-branded credit cards that retailers and airlines offer and uses Visa network for transactions. Paytm has also built its own tool with Citi to check the eligibility of the potential customers.

  • BharatPe Ropes In Salman Khan As Brand Ambassador

    Merchant service and UPI payments app BharatPe Monday said it has roped in Bollywood actor Salman Khan as its brand ambassador.

    The company is on an aggressive growth spree and will be launching a brand advertising campaign with Khan shortly

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