Current Affairs

 Giorgi Kvirikashvili, prime minister of Georgia, has announced his resignation amid a disagreement with Bidzina Ivanishvili, the leader of the ruling party. Kvirikashvili, 50, has been the country's prime minister since 2015. The prime minister's resignation comes amid growing popular discontent over his government's handling of the economy and after mass protests in recent months.
Source- The Aljazeera

 A Conference on Implementation of National Pension System (NPS) by the Central Autonomous Bodies (CABs) was organized by Pension Fund Regulatory and Development Authority (PFRDA) in Delhi. The prime objective was to provide a forum to all the CABs, where the progress in the implementation of NPS with respect to compliance of timelines in various NPS related activities could be brought to the fore and a way forward could be provided.
Source- Press Information Bureau (PIB)

 Flipkart-owned PhonePe has partnered cab aggregator Ola that will allow riders to book rides using the former’s payment platform. With this partnership, users can enjoy the ease of using their preferred ride-sharing app from within PhonePe while being assured of the reliability and integrity of their payments. PhonePe has also added ‘Auto-pay’ featurethat allows users to make payments seamlessly.
Source- The Hindu

 Fitch Ratings raised India growth forecast for 2018-19 to 7.4% from 7.3% but cited higher financing costs and rising oil prices as risks to growth. For 2019-20, it estimated the country to grow at 7.5%. The economy grew at 6.7% in 2017-18 and 7.7% in January-March quarter.
Source- The Economic Times

 Marg ERP limited, a leading Inventory and Accounting software solution company has partnered with ICICI Bank, India's largest private sector bank by consolidated assets, to offer an integrated payments platform to Micro, Small and Medium Enterprise (MSME) customers, using MARG's accounting software. This integration aims to promote 'Connected Banking' and enables ICICI Bank's current account holders to securely connect their bank account with the MARG ERP software and undertake an array of digital transactions from within the ERP platform itself. 
Source- ANI News

 India Women's Cricket team opener Smriti Mandhana will become the first Indian player to appear in Kia Super League - the women's cricket super league in England. Smriti was signed by Western Storm and will represent them in the upcoming edition of the tournament that features six teams. The 21-year-old India opener has scored over 826 runs with the highest score of 76 in the 40 T20Is that she has played so far.
Source- The Indian Express

 Minister for Water Resources Nitin Gadkari released Niti Aayog’s composite water management index report in New Delhi. Gujarat topped the list while Jharkhand was adjudged as the worst performer. Gujarat is followed by Madhya Pradesh, Andhra Pradesh, Karnataka and Maharashtra. In the northeastern and Himalayan states, Tripura has been adjudged as the top state in 2016-17 followed by Himachal Pradesh, Sikkim and Assam. Niti Aayog has ranked the states through first of its kind index on the composite water management, comprising 9 broad sectors with 28 different indicators covering various aspects.
Source- AIR World Service

 Housing finance major HDFC has been ranked as the 5th biggest public company globally in the ‘consumer financial services category’ on a list compiled by Forbes magazine. HDFC’s rank has moved up from 7th place last year. American Express has topped this category, while Indiabulls Housing Finance is the only other Indian company (at 13th place) on the list. In the overall list, topped by China’s banking behemoth ICBC, HDFC took 321st place, up from 404th a year ago. There are a total of 58 Indian companies on the overall list of 2,000 firms from across the world. These include Reliance Industries at 83rd place, the only from India in the top-100. Besides, HDFC Bank is at 202nd, ONGC at 266th, Indian Oil at 270th and ICICI Bank at 320th.
Source- The Financial Express

 Prime Minister Narendra Modi is on a one-day visit to Chhattisgarh where he dedicated the modernised and expanded Bhilai steel plant to the nation. He also took part in programmes in Naya Raipur - the upcoming capital city of the state. The PM inaugurated Integrated Command and Control Centre at Naya Raipur. Thereafter, in Bhilai, he inaugurated Raipur-Jagdalpur air service, laid the foundation stone for the new building of Indian Institute of Technology (IIT), Bhilai. He also inaugurate air connectivity between Raipur and Jagdalpur under the Centre's 'Udaan' scheme.
Source- Press Information Bureau (PIB)

 
 The European Union Film Festival (EUFF) will premiere in New Delhi at the Siri Fort Auditorium. With a selection of 24 latest European films from 23 EU Member States, this years' film festival brings some unusual stories for the world cinema enthusiasts. The European Union Film Festival is organized by Directorate of Film Festivals. Ministry of Information and Broadcasting, Government of India partnering with the Delegation of the European Union and embassies of EU Member States in various city film clubs. The Festival will be inaugurated by the Hon'ble Union Minister of State for Information and Broadcasting, Mr Rajyavardhan Singh Rathore. 
  • About the European Union (EU):
The EU, which consists of 28 countries, has the world's largest economy and its third largest population, after China and India.
Source- Press Information Bureau (PIB)



LIMITED OFFER HURRY UP! OFFER AVAILABLE ON ALL MATERIAL TILL TODAY ONLY!

You need to login to perform this action.
You will be redirected in 3 sec spinner

Free
Videos