 The Airports Authority of India (AAI) and aerospace major Boeing announced the signing of a technical assistance agreement to develop an air traffic management roadmap which will improve airspace utilization and help maintain efficient aircraft operations. The comprehensive 10-year communication, navigation, and surveillance/air traffic management (CNS/ATM) modernization roadmap spread over 18 months is being undertaken with a grant from the US Trade and Development Agency (USTDA). |
| Source- ANI News |
 The Food and Agriculture Organisation of the United Nations (FAO) selected June 1st as World Milk Day, which celebrates the important contributions of the dairy sector to sustainability, economic development, livelihoods, and nutrition. The theme for World Milk Day 2019 is “Drink Milk: Today & Everyday.” The aim is to educate people about the importance of milk in our life and society. Milk is one of the global foods, which is celebrated as a superfood all around the globe, figuratively and literally. |
| Source- The Indian Express |
 In Football, Liverpool breezed past Tottenham at Madrid to win the Champions League for the sixth time. In the all-English showpiece, the Reds got the better of Spurs with a 2-nil win. Mohamed Salah put Liverpool in front after just two minutes when he converted a penalty following a handball by Moussa Sissoko. Last season, Liverpool had lost to Real Madrid, 1-3, at Kiev. |
| Source- BBC Sports |
 On the occasion of the fifth Telangana State Formation Day on 02nd June 2019,President Ram Nath Kovind and Prime Minister Narendra Modi have extended their wishes to the people of the state. Telangana Formation Day is celebrated on the formation of Telangana State on 2nd June every year since 2014. The State celebrates the occasion with formal events across the districts. |
| Source- The Hindu |
 Air Chief Marshal Birender Singh Dhanoa has left for Sweden on a four-day official visit. He will visit various operational and training units as well as interact with senior functionaries of the Swedish Air Force amongst others. The visit would provide an impetus towards defense cooperation and pave the way for greater interaction and cooperation between the Air Forces. This would also strengthen relationships and enable engagement in productive exchanges between the two Air Forces. |
| Source- Hindustan Times |
 In the Central American country of El Salvador, Nayib Bukele has been sworn-in as the nation’s President. Bukele was sworn-in by the Speaker of the National Assembly in downtown San Salvador. Bukele was elected in February to succeed Salvador Sanchez Ceren, a leftist former guerrilla. |
| Source- BBC News |
 The US will end preferential trade status for India next week, President Donald Trump has confirmed amid a deepening row over protectionism. India had been the largest beneficiary of a scheme that allows some goods to enter the US duty-free. In March Trump announced that it would be revoked because India had failed to provide adequate access to its markets, but Mr. Trump gave no date. |
| Source- BBC News |
 ONGC, India’s top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain the crown of being the country’s most profitable public sector company. According to earnings statements of the listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 percent jump it’s in 2018-19 fiscal net profit to Rs 26,716 crore. In comparison, IOC registered a net profit of Rs 17.274 crore for the fiscal year ended March 31, 2019. ONGC, in the previous two financial years, had lost the most profitable PSU tag to IOC. |
| Source-Business Today |
 Financial Literacy Week 2019 to be observed from June 3-7 on the theme of “Farmers” and how they benefit by being a part of the formal banking system. Financial Literacy Week is an initiative of RBI to promote awareness of key topics every year through a focused campaign. Growth in agriculture is necessary for the overall economic growth and finance is an essential enabler for the same. RBI is actively involved in formulating policies that enhance the flow of credit to the farming community. |
| Source- Business Standard |
 Rajasthan government has increased the financial assistance given to school girls under the ‘Aapki Beti’ scheme and ex-gratia payment to the families of polling personnel who die during election duty. Under the Aapki Beti scheme, girls living under the Below Poverty Line (BPL) and whose mother or father or both have died to get annual financial assistance in the state. The amount has been increased to Rs 2,100 from Rs 1,100 for the girls studying in class 1 to 8 and for the girls in class 9 to 12, the financial aid has been increased to Rs 2,500 from Rs 1,500. Similarly, the government has also increased ex-gratia payment to the next of kin of an official killed on election duty to Rs 20 lakh from Rs 15 lakh. |
| Source- Business Standard |
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