Current Affairs

  The 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) was held in Doha, Qatar. Gen. (Dr) V.K. Singh (Retd), Minister of State for External Affairs led the Indian delegation. The theme of the meeting was “Partners in Progress”.
Source- MEA

  The Office of the Principal Scientific Adviser (PSA) to the Government of India and Indian Institute of Technology Delhi (IIT Delhi) signed an MoU in New Delhi for setting up a Centre of Excellence (CoE) for Waste to Wealth Technologies for implementation of sustainable, scientific and technological solutions for waste management. The waste to wealth mission project has been approved under the recently constituted Prime Minister’s Science Technology and Innovation Advisory Council (PM-STIAC), which is an overarching body for assessment, creation, and implementation of major scientific, technology and innovation interventions for India.
Source: Press Information Bureau

 To nab tax evaders and reduce black money generation, the Central Board of Direct Taxes (CBDT) and Goods and Services Tax Network (GSTN) signed an agreement to facilitate the exchange of data between the two. The I-T department will share key financial information, including the status of I-T return filings, turnover of business, gross total income, and turnover ratio among others with GSTN, the information technology backbone of the two-year-old indirect tax regime.
Source- Press Information Bureau (PIB)

  Huawei Technologies Co overtook Apple Inc to claim the No. 2 spot in smartphones making in the first quarter, moving a step closer to its avowed ambition of displacing Samsung at the top of the market. Huawei’s been steadily gaining on Apple and Samsung Electronics Co. with an increasingly high-end line-up of devices.
Source: Livemint

  World Press Freedom Day (WPFD) is celebrated all over the world on the 3rd of May.The theme for WPFD 2019 is “Media for Democracy: Journalism and Elections in Times of Disinformation”. World Press Freedom Day was proclaimed by the UN General Assembly in December 1993.
Source- United Nations

 State-owned telecom firm BSNL has become the first operator to start optical fiber-based high-speed broadband service in Pulwama with the launch of ‘Bharat Fibre’. This is the first such FTTH (fiber-to-the-home) service deployment in the (Kashmir) Valley. The service has been launched in a business partnership model with the local channel partner of Pulwama area, on a revenue sharing basis.
Source: Business Today 

  Mangaluru City Police has launched an all-women police patrol unit ‘Rani Abbakka Force’. The force will cover the malls, beaches, educational institutions, places of religious importance, and the public transport system and handle issues related to eve-teasing and chain-snatching, among others. All-women police patrol force has been named after the 16th-century warrior of coastal Karnataka, Queen Abbakka of Ullal near Mangaluru, who fought the Portuguese in the 16th century.
Source: The Hindu Business Line

 Indian shooting ace Apurvi Chandela has been ranked the world number one in the women’s 10 metres air rifle event while compatriot Anjum Moudgil rose to number twoafter consistent performances. The rifle ace from Jaipur has already secured 2020Olympics quota for the country.
Source: News on AIR

  The Central government has asked the state transport departments to make it mandatory for all EVs to use the green number plates, irrespective of the year in which they were bought. The new mandate is supposed to help provide preferential treatment to the vehicles with no carbon emissions, like parking, free entry in congested areas as well as a concessional toll on highways.
Source: India Times

 India’s largest bank State Bank of India has moved to a new interest rate regime on large savings account deposits as well as short-term loans. Earlier, SBI had announced that it will link its interest rate on savings account with a balance above Rs1 lakh and short-term loans like overdraft and cash credit facility to Reserve Bank of India’s repo rate, effective 1 May 2019.  The interest rates on large SBI savings account deposits and interest rate on some short-term loans will automatically change as and when RBI changes its repo rate. This will help in better transmission of RBI’s policy rates into the banking system.
Source- DD News


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