Current Affairs Current Affairs May 2019

 A tripartite MoU was signed between National Mission for Clean Ganga, HCL Foundation and INTACH for taking up a project of ‘Plantation of Rudraksh Trees in Uttarakhand’ as a part of CSR initiative under the ‘Namami Gange’ Programme. The project aims at planting 10,000 Rudraksh trees in the catchment area of river Ganga in Uttarakhand in association with local community and other stakeholders. It will also help in generating income for people residing in those areas.
Source- Press Information Bureau (PIB)

 Digital payments company Paytm, in association with Citibank, launched its first credit card called Paytm First Card. Paytm First Card comes with unlimited cash back and will be accepted in India as well globally. The card is issued by Citibank and doesn’t involve any hidden fees or charges. An annual fee of Rs 500 will be fully waived off on expenses above Rs 50,000 per year.
Source- CNBC

  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


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