 Bhushan Patil, president at Paytm, has quit the company. Patil, who joined Paytm after a five-year stint with Alibaba, had initially joined the Noida-based company to look after its cross border commerce business. Patil joined Paytm in March 2016. |
| Source: The Times of India |
 Defence ministry has approved the procurement of 10 Kamov Ka-31 Airborne Early Warning and Control helicopters for the Indian Navy. The cost of the deal would be around Rs 3,600 crore and the 10 helicopters would be deployed on the aircraft carriers and warships of the Navy including the INS Vikrant and Grigorovich-class frigates. |
| Source: India Today |
 The Asia-Pacific region s expected to grow at 5.7% in 2019. According to the bank’s Asian Development Outlook 2019 report released in April, developing Asia which comprises 45nations ranging from China to Tuvalu is projected to grow by 5.7% in 2019. However, the growth outlook for developing Asia is expected to moderate to 5.6 % in 2020. |
| Source: CNBC |
 Peter Mayhew, the actor behind the character of Chewbacca has passed away. He was 74. Mayhew is most widely known for his portrayal of the more-than-200-year-old Wookie Chewbacca in the Star Wars franchise. Mayhew was also an active philanthropist. |
| Source: CNBC |
 Vice President M Venkaiah Naidu released a postage stamp to commemorate the 750th birth anniversary of Sri Vedanta Desikan in New Delhi. The stamp has been released by Indian postal department. Born in 1268 CE, Vedanta Desikan was Sri Vaishnava philosopher and one of the most brilliant stalwarts of Sri Vaishnavism in the post-Ramanuja period. The basis of his spiritual teachings was peace and humanity. |
| Source: News On AIR |
 The Bill & Melinda Gates Foundation has hired Sanjay Ubale, head of the infrastructure and urban solutions at Tata Sons, as its policy director for India. Sanjay will oversee the Seattle-based charity’s healthcare, poverty alleviation, and educational activities in the country. Ubale, who has spent over a decade at Tata Group, was previously the CEO of Tata Realty & Infrastructure. |
| Source: Bloomberg Quint |
 Jaipur will host the 8th Asian Youth Women Handball Championship in which 10 teams will be participating. It will be played in August 2019. Earlier Delhi had hosted it in 2015 where the hosts India had finished 7th. The previous edition in 2017 was held at Jakarta in Indonesia where South Korea was the champion while Japan and China were placed second and third respectively. |
| Source: Business Standard |
 The UK parliament became the first national legislative body in the world to declare a climate change emergency. The motion was approved without a vote and registers the views of the House of Commons without compelling the government to act on any particular policy proposal. It also calls for the government to work towards carbon neutrality before 2050 and for ministers to draft proposals within the next 6 months to restore the country’s environment and create a “zero waste economy.” |
| Source: Ecowatch |
 Russian President Vladimir Putin has signed into law a new measure that aims to expand government control over the Internet. It would enable the creation of a national network, able to operate separately from the rest of the world. The new law aims to protect Russia from foreign online restrictions by creating a “sustainable, secure and fully functioning” local internet. |
| Source- CNN |
 Former ISRO chairman A S Kiran Kumar was conferred with France’s highest civilian honour, Chevalier de l’Ordre national de la Legion d’Honneur, for his contribution to India-France space cooperation. Kumar was conferred with the prestigious honour by France’s Ambassador to India Alexandre Ziegler on behalf of the French President. He currently holds the Chair of the ISRO Committee on Earth Observation Satellites. |
| Source: India Times |
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