 Indian Oil Corporation has emerged as India's most profitable state-owned company for the second consecutive year. Indian Oil posted a record profit of Rs21,346 crore in 2017-18, followed by ONGC, whose profit stood at Rs19,945 crore. Mukesh Ambani-led Reliance Industries is the most profitable company for the third straight year, posting highest ever profit of Rs36,075 crore. |
| Source- The Indian Express |
 Infosys has completed the acquisition of WongDoody Holding Company, a US-based digital creative and consumer insights agency, for a total consideration of upto $75 million. Founded in 1993, WongDoody has clients across industries like telecommunications, consumer electronics, healthcare and consumer packaged goods. |
| Source- Zee News |
 India's biggest lender State Bank of India (SBI) has revised its interest higher on retail fixed deposits or FDs below Rs. 1 crore. SBI has revision interest rates by up to 25 basis points in select maturities. The interest rate on SBI FDs with a maturity of one year to less than two years has been increased to 6.65% for the public, from 6.4% earlier. |
| Senior citizens will get an interest rate of 7.15% as compared to 6.9% earlier. SBI fixed deposits with a maturity of two years to less than three years will fetch an interest rate of 6.65%, higher than 6.6% earlier. Senior citizens will get 7.15% as compared to 7.10%. The interest rates across other maturities have been kept unchanged. |
| Source- The Times of India |
 The joint military exercise SURYA KIRAN-13 between India and Nepal began at Pithoragarh in Uttarakhand. The military exercise is a biannual event which is conducted alternatively in Nepal and India every six months. Over 300 soldiers from both the countries are taking part in the exercise. The aim of this exercise is to conduct battalion level joint training with emphasis on counterterrorism operations in mountainous terrain. |
| Source- AIR World Service |
 Every year, on 31 May, World Health Organization and partners mark World No Tobacco Day (WNTD). The theme of World No Tobacco Day 2018 is "Tobacco and heart disease." The day highlights the health and other risks associated with tobacco use, and advocating for effective policies to reduce tobacco consumption. |
| Source- The WHO |
 Yoga guru Baba Ramdev's Patanjali launched a new swadeshi messaging application called 'Kimbho' to compete with WhatsApp. Kimbho caters to private and group chats with free phone and video calling. The tagline of Kimbho is "Ab Bharat Bolega". Patanjali has recently tied up with Bharat Sanchar Nigam Ltd (BSNL) to enter the telecom sector by launching Swadeshi Samriddhi SIM cards. |
| Source- The Moneycontrol |
 Former Himachal Pradesh governor and Congress leader Urmila Singh died due to prolonged illness at a private hospital in Indore. She was 71. Belonging to a family of freedom fighters, Singh was appointed as the governor of Himachal Pradesh in 2010.Prior to that, she had served as the chairman of the National Scheduled Tribes Commission (NCTC). |
| Source- The Indian Express |
 Social networking giant Facebook has partnered with National Commission for Women (NCW) to launch Digital Literacy Programme to train women on safe use of internet and social media. The programme was launched by Facebook in collaboration with Ranchi, Jharkhanda-based Cyber Peace Foundation (CPF), a civil society organisation involved in training related to all aspects of cyber security. |
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 Ministry of Railways conducted one day workshop Mission Raftaar aimed at raising average speed of freight trains and coaching trains in New Delhi. The workshop was inaugurated by Minister of State (MoS) for Railways Rajen Gohain and Chairman of Railway Board Ashwani Lohani. It was attended by all members of Railway Board along with General Managers of Zonal Railways & Senior Railway officers were present on occasion. |
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 Andhra Pradesh Government notified its new state symbols after four year after bifurcation of undivided Andhra Pradesh in 2014 into two states of Andhra Pradesh and Telangana. These states symbols were notified by State department of environment, forest, science and technology. |
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