 The 15th Finance Commission headed by Chairman, N.K. Singh held a detailed meeting with the Governor and Deputy Governors of RBI in Mumbai. Key issues raised by RBI Governor, Shaktikanta Das and Finance Commission Chairman, N.K. Singh were discussed in detail at the meeting. |
These issues included the following:–
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| Source- Press Information Bureau (PIB) |
 Central Board of Indirect Taxes and Customs (CBIC) has organised a 2-Day meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in Kochi. This meeting was chaired by Mr Pranab Kumar Das, Chairman, CBIC. The meeting took stock of the progress being made in carrying forward the programmes and initiatives of WCO to promote, facilitate and secure the cross-border trade in the region and the capacity building and technical assistance required to achieve this goal. |
| Source- Press Information Bureau (PIB) |
 The National Institute of Open Schooling Ministry of Human Resources Development (NIOS) and National Health Mission of Public Health Department(NHMPH) of Government of Maharashtra signed a Memorandum of Understanding in Mumbai. The MOU focused on offering Vocational programmes to the Health Service Providers of National Health Mission (NHM) through National Institute of Open Schooling. |
| Source- AIR News |
 World Red Cross Day (also known as Red Crescent Day) is observed every year on May 8. It is a gentle nod to all the volunteers who have made an unparalleled contribution to people in duress or need. The 2019 theme chosen by them is, ‘#Love’. Incidentally, the day is also the birthday of Henry Dunant, who had generated the Red Cross Committee of the International (ICRI) in 1863 in Switzerland, Geneva. He was born in May 8, 1828 and was also the recipient of the Nobel Peace Prize. |
| Source- News18 |
 Former Indian Cue sports Player, Coach and administrator Derek Sippy passed away in Mumbai due to a massive heart attack. He was the Indian team’s coach at recently concluded Asian Under-21 Boys Snooker and Asian Women Snooker tournament in Chandigarh. |
| Source- Business Standard |
 The US Air Force Research Laboratory tested a laser system called Self-Protect High Energy Laser Demonstrator (SHiELD) at the US Army’s White Sands Missile range in New Mexico which successfully shot down multiple air-launched missiles while in flight. The system is designed for the purpose of protecting the aircraft from incoming surface-to-air and air-to-air launched missiles. The project began in 2016 and the US Air Force issued a contract to Lockheed Martin in 2017, for designing the system with the aim of testing the system on aircraft by 2021. |
| Source: The Verge |
 The Reserve Bank of India has decided to enhance the housing loan limits for Regional Rural Banks (RRBs) and Small Finance Banks (SFBs) for eligibility under priority sector lending, in a bid to give them a level playing field with other Scheduled Commercial Banks. Henceforth, housing loans given by RRBs and SFBs to individuals up to INR 35 lakh in metropolitan centers (with population of 10 lakh and above) and INR 25 lakh in other centers, provided the overall cost of the dwelling unit in the metropolitan centers and at other centres does not exceed INR 45 lakh and INR 30 lakh, respectively, will be eligible for classification under priority sector lending. |
| Source: The Hindu Business Line |
 The Volleyball Federation of India appointed Serbian Dragan Mihailovic as head coach of the men’s national team in a move linked to the long term goal of Olympic Games qualification. Mihailovic has more than 25 years of experience as a coach. The VFI also announced the appointment of Pryemyslaw Gaszyoski and Valadimir Radosevic as the team’s physio trainer and physiotherapist respectively. All the three have been appointed for five months and will work with the team for the Asian Championships scheduled to be held in Iran during September 2019. |
| Source- The Scroll |
 GD ‘Robert’ Govender, an Indian-origin journalist in South Africa, has been honoured in the UK with 2019 V K Krishna Menon award for his outstanding contribution as a pioneer of decolonised journalism. The South Africa-born journalist was awarded posthumously during an event to mark the 123rd birth anniversary of the Indian diplomat and politician V K Krishna Menon. During a career spanning nearly 60 years, Govender developed a reputation as a campaigning journalist and author. |
| Source: Business Standard |
 Israel honoured Lt. Gen. (retd) Jack Farj Rafael (JFR) Jacob, who negotiated the historic surrender of Pakistani troops in Dhaka after the 1971 Bangladesh’s liberation war, with a plaque on the Wall of Honour at the Ammunition Hill. Lt. Gen. Jacob, who passed away in 2016 at the age of 92, was one of the most prominent members of India’s relatively small Jewish community, serving as a Lieutenant General in the Indian Army and later as a Governor of two Indian states-Goa and Punjab. |
| Source: Economic Times |
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