 Bharti Airtel and HDFC Life Insurance have tied up to offer life cover for customers who get a prepaid recharge done. Airtel’s new Rs249-prepaid bundle (which will include 2 GB data, unlimited calls across networks, and 100 SMSes per day) will also offer a cover worth Rs4 lakh from HDFC Life. |
| Source- The Hindu Business Line |
 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 the 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 enhanced eligibility. |
| Source- The Livemint |
 The Indian Navy’s first full-fledged Services Selection Board (SSB) was inaugurated by Navy Chief Admiral Sunil Lanba at Diamond Harbour near Kolkata, West Bengal. Spread over 27 acres on the banks of Hooghly, the SSB (Kolkata) has the capacity to screen 5,000 officer-candidates annually. The SSB (Kolkata) is located at a place that was previously occupied by a Naval Coastal Battery. This is the fifth SSB of the Indian Navy and will cater for a selection of both permanent and short service commission (SSC) officers. The other boards are located in Bhopal, Bengaluru, Visakhapatnam and Coimbatore. |
| Source- Business Standard |
 Wholesale Price Index (WPI)-based inflation for April eased to 3.07%, from 3.62% in April 2018. The latest WPI print was also lower than 3.18% recorded in March this year. Build up inflation for the financial year so far was 0.75%, lower than 0.86% in the corresponding period of the previous year. The overall WPI print for April was dragged down by a sharp decline in manufactured products (which accounts for two-third weightage in the WPI basket), which came in at a 30-month low of 1.7% (2.16% in March 2019). |
| Source- The Hindu Business Line |
 In 1993, the General Assembly decided in a resolution that 15 May of every year should be observed as The International Day of Families. The Theme for 2019 International Day of Families is “Families and Climate Action: Focus on SDG 13″. This day provides an opportunity to promote awareness of issues relating to families and to increase the knowledge of the social, economic and demographic processes affecting families. |
| Source- The United Nations |
 One of the most prestigious international events from the world of cinema, the Cannes Film Festival has begun in France. Information and Broadcasting Secretary Amit Khare is leading the Indian delegation at Cannes and will inaugurate India Pavilion. The Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India. Indian Delegation will also release a special poster to mark the golden jubilee of International Film Festival of India (IFFI-2019). |
| Source- DD News |
 Doordarshan has launched an online souvenir store for its viewers on Amazon Indiaso that one can easily access it. A. Surya Prakash Chairman, Prasar Bharati launched DD souvenir store on Amazon India. Doordarshan is India’s first broadcaster which has started Souvenir store. Online souvenir store will not only strengthen the relation with viewers but also help in establishing Doordarshan brand value. |
| Source- DD News |
 India’s Rahil Gangjee finished tied 39th while Viraj Madappa ended tied 53rd at the Asia-Pacific Diamond Cup held in Japan. Japan’s Yosuke Asaji won the Asia-Pacific Diamond Cup 2019 at the Sobu Country Club. |
| Source- The Times of India |
 Vice President Venkaiah Naidu undertook an official visit to Vietnam at the invitation extended by Dang Thi Ngoc Thinh, Vice President of Vietnam. He was also invited by the Vietnam Buddhist Sangha and the organizers of the 16th UN Day of Vesak that is being held at the Tam Chuc Pagoda in Hanam Province in Vietnam to deliver the keynote address during the inaugural session. |
| Vesak is celebrated to commemorate the birth of Buddha. He also delivered the keynote address at the inaugural session of the event. The theme of the event was “Buddhist Approach to Global Leadership and Shared Responsibilities for Sustainable Societies.” Win Myint, the president of Myanmar, K.P. Sharma Oli, Prime Minister of Nepal and Tashi Dorjee, Chairman of the National Council of Bhutan also participated in it. |
| Naidu also met the Indian community and Vietnamese beneficiaries of the Jaipur Foot Artificial Limb Fitment Camp which was organized in Vietnam under the initiative termed‘India for Humanity‘. It was launched to celebrate the 150th Birth Anniversary of Mahatma Gandhi. |
| Source- Press Information Bureau (PIB) |
 The National Bank for Agriculture and Rural Development (NABARD) announced Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. NABARD has been contributing to other funds till now and this is the first time that the rural development bank has launched a fund of its own. The fund has been launched by Nabventures, a subsidiary of NABARD, and has a proposed corpus of Rs 500 crore with an option to retain over-subscription of Rs 200 crore, called as the greenshoe option. The fund will have a high impact as it will provide a boost to investment ecosystem in the core areas of agriculture, food and improvement of rural livelihoods. |
| Source- The Hindu Business Line |
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