Weekly Current Affairs One Liners (01 May - 07 May) 2018 Download Now

Weekly Current Affairs One Liners (01 May - 07 May) 2018: Download Now

The one liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (01 May - 07 May) 2018: Download Now
Weekly Current Affairs One Liners (01 May - 07 May) 2018 Download Now

The important happenings of the week covered in this segment include the HDFC Bank has launched Interactive Robotic Assistant (IRA), 27th meeting of GST Council, Vibrant North East 2018, India-South Africa Business Summit (ISABS 2018), Bilateral Border Trade between India and China, Neeraj Goyat conferred with WBC Asia Boxer of the Year Award, India’s longest-serving Chief Minister: Sikkim’s CM Pawan Chamling etc.

BANKING & ECONOMY

  • India's private sector lender, HDFC Bank has launched Interactive Robotic Assistant (IRA) 2.0, an interactive humanoid at its Koramangala Branch in Bengaluru, Karnataka.
  • The Securities and Exchange Board of India (SEBI) has tightened Know Your Customer (KYC) rules for foreign portfolio investors (FPIs) from ‘high risk’ jurisdictions and also from People of Indian Origin (PIOs) who control an FPI.
  • IT firm Cognizant has acquired privately-held Belgium based Hedera Consulting, a move that will strengthen the former’s consulting and digital transformation capabilities for clients in Belgium and then Netherlands.
NATIONAL NEWS

  • The 27th meeting of GST Council chaired by Finance Minister Arun Jaitley has approved the proposal of converting GST Network (GSTN) into govt entity from current private entity status by taking over stakes held by private entities.
  • The 4th Regional Conference on ‘Futuristic, Resilient and Digital Infrastructure’ has been held in Bengaluru, Karnataka.
  • The Ministry of Human Resource Development (HRD) has launched initiative of online professional development of 1.5 million higher education faculty using massive open online course (MOOC) platform SWAYAM (Study Webs of Active –Learning for Young Aspiring Minds).
  • The Ministry of Women and Child Development (WCD) has conducted National Conference of 244 Districts under Beti Bachao Beti Padhao (BBBP) in New Delhi.
  • The Ministry of Power has launched Pilot Scheme for Procurement of Aggregate Power of 2500 MW on competitive basis for 3 years.
  • The 15th Pravasi Bharatiya Divas will be held in the holy city of Varanasi (Uttar Pradesh) from Jan 21 to Jan 23, 2019 with the theme "Role of Indian Diaspora in building a New India".
  • The 9th India Japan Energy Dialogue held in New Delhi.
  • According to index of eight core industries released by Ministry of Commerce and Industry, core sector growth in Mar 2018 slowed to 4.1%, a three-month low due to weak performance in six sectors.
  • President Ram Nath Kovind will preside over first meeting of the National Committee for Commemoration of 150th Birth Anniversary of Mahatma Gandhi in 2019.
STATE NEWS

  • The fourth edition of ‘Vibrant North East 2018’ has been started in Guwahati, Assam on May 03, 2018 in which people would be made aware of central government’s schemes and programmes.
  • Maharashtra becomes the first Indian state to provide digitally-signed land record receipts (also known as 7/12 receipts).
  • Indian Meteorological Department (IMD) has issued warning of another dust storm and thunderstorm in parts of Uttar Pradesh and Rajasthan.
  • The Ministry of Drinking Water & Sanitation launched GOBAR (Galvanizing Organic Bio-Agro Resources) – DHAN scheme at National Dairy Research Institute (NDRI) Karnal, Haryana.
INTERNATIONAL NEWS

  • The first-ever India-South Africa Business Summit (ISABS 2018) has been held at the Sandton Convention Centre, Johannesburg, South Africa with the Summit was "United by Legacy, Unified for Prosperity".
  • The 12th edition of the bilateral border trade between India and China from Nathu La border in Sikkim has resumed for the scheduled period from May 1 to Nov 30.
SCIENCE & DEFENCE

  • The philanthropic arm of Google, Google.org has announced additional grants of $3 million to two Indian non-profit organisations – Central Square Foundation and The Teacher App.
  • China has successfully launched 'APSTAR-6C', a new communication satellite into orbit.
  • Indian and French navies have conducted final and third phase of Varuna naval exercise 2018 near Reunion Island in Indian Ocean region (IOR) to enhance their operational coordination.
  • Scientists have found that global warming is driving proliferation of Noctiluca algae (commonly known as sea tinkle), a harmful algae in Arabian Sea responsible for glowing of Mumbai’s beaches in dark.
  • The National Aeronautics and Space Administration (NASA) launched its first-ever mission InSight (Interior Exploration using Seismic Investigations, Geodesy and Heat Transport) to study the deep interior of Mars on May 5, 2018.
  • The first ever bilateral joint military training exercise, HARIMAU SHAKTI 2018, between India and Malaysia has begun in dense forests of Sengai Perdik, Hulu Langat, Malaysia.
  • South Western Command of Indian Army is conducting 'Vijay Prahar' exercise in Mahajan area close to Suratgarh in Rajasthan.
  • The National Disaster Management Authority (NDMA) has conducted two-day National Workshop on Data Requirements for Disaster Risk Reduction Database in New Delhi.
APPROVALS & MOUS

  • National Mission for Clean Ganga (NMCG) has partnered with Board Survey of India to facilitate the Ganga rejuvenation task under Namami Gange programme by using Geographic Information System (GIS) technology.
  • NITI Aayog signed Statement of Intent (SoI) with IBM to develop crop yield prediction model using Artificial Intelligence (AI) to provide real time advisory to farmers in Aspirational Districts.
  • The Cabinet Committee on Economic Affairs (CCEA) approved continuation of Umbrella Scheme, Green Revolution – Krishonnati Yojana in agriculture sector beyond 12th Five Year Plan from 2017-18 to 2019-20.
  • The Cabinet Committee on Economic Affairs (CCEA) approved proposal to provide financial assistance of Rs. 5.50 per quintal of cane crushed in sugar season 2017-18.
  • Punjab govt along with World Wildlife Fund (WWF)-India are conducting first organised census of Indus Dolphins, one of the world’s rarest mammals found only in India and Pakistan.
  • The Central Board of Direct Taxes (CBDT) entered into 200th Unilateral Advance Pricing Agreement (UAPA) after it singed one in April 2018.
  • The Union Cabinet chaired by Prime Minister Narendra Modi approved plan to set up 20 All India Institute of Medical Sciences (AIIMS) across the country and upgrade 73 medical colleges.
  • The Union Cabinet chaired by Prime Minister Narendra Modi has approved doubling of investment limit from Rs 7.5 lakh to Rs 15 lakh under Pradhan Mantri Vaya Vandana Yojana (PMVVY).
  • India and United States held the third round of the India-US Maritime Security Dialogue in Goa focussing on cooperation and developments in the Indo-Pacific region.
  • The Union Cabinet approved promulgation of Ordinance amendment a law for speedy disposal of commercial disputes.
  • The Union Cabinet approved restructuring of Indian Bureau of Mines (IBM) by upgradation, creation and abolition of certain posts of Joint Secretary-level and above.
  • The Union Cabinet gave its approval to accede to Protocol under World Health Organization (WHO) Framework Convention on tobacco control to eliminate illicit trade in tobacco products.
  • The Task Force constituted on "Establishing a Coalition on Disaster Resilient Infrastructure (CDRI)" has submitted its report to Ministry of Home Affairs (MHA), headed by Preeti Saran.
APPOINTMENTS

  • Additional (Independent) Director of ICICI Bank’s board: Radhakrishnan Nair
  • Interim judge to a US civil court: Deepa Ambekar
  • Acting Governor of Manipur: Jagdish Mukhi
  • Re-appointed as chairman of 22-member Public Accounts Committee (PAC) of Parliament: Mallikarjun Kharge
  • India’s longest-serving Chief Minister: Sikkim’s CM Pawan Chamling
  • Principal director general of PIB Chairman of IRDAI: Sitanshu Kar
RANKING

  • India has been ranked at 11th position in the FDI Confidence Index 2018 released by global consultancy firm A T Kearney.
  • US topped the index for the sixth consecutive year, followed by Canada and Germany.
  • According to recently released report of Stockholm International Peace Research Institute (SIPRI), India emerged as fifth largest military spender in 2017.
  • The Nikkei India Manufacturing Purchasing Managers' Index (PMI) rose to 51.6 in Apr 2018 from 51 in Mar 2018.
  • India has been ranked at joint-sixth in the list of doping violations with 69 cases, same as that of Russia, according to World Anti-Doping Agency (WADA) report for samples collected in 2016.
  • According to Global Urban Air Pollution database released by World Health Organisation (WHO), 14 Indian cities have been figured in the list of world’s 20 most polluted cities in terms of particulate matter PM2.5 levels in 2016.
  • These 14 cities include Delhi, Varanasi, Kanpur, Faridabad, Gaya, Patna, Agra, Muzaffarpur, Srinagar, Gurgaon, Jaipur, Patiala and Jodhpur.
AWARDS

  • Indian Superstar, Akshay Kumar has bagged the best actor award at the 2018 Dadasaheb Phalke awards for his role in 'Padman (Jury)' and for 'Toilet: Ek Prem Katha'.
  • Bollywood actors Bhumi Pednekar and Sonam Kapoor bagged the best actress awards at the Dadasaheb Phalke awards.
  • Chennai-based transgender Mubina won the 2018 Miss Koovagam beauty pageant title in Villupuram, Tamil Nadu.
SPORTS

  • Liverpool  forward,  Mohamed  Salah  from  Egypt  named  the  Football  Writers’  Association  (FWA)Footballer of the Year for 2017/18.
  • Neeraj Goyat conferred with WBC Asia Boxer of the Year Award.
  • Mercedes’ British driver Lewis Hamilton won the 2018 Azerbaijan Formula 1 Grand Prix tournament at the Baku City Circuit in Baku.
  • Tennis player Anikta Raina, who has displayed good form this season both in the Fed Cup and the professional circuit, has been included in the Govt of India (GoI)’s Target Olympic Podium Scheme (TOPS).
IMPORTANT DAYS

  • May 03: World Press Freedom Day 'Keeping Power in Check: Media, Justice and the Rule of Law'          
  • May 01: International Labour Day "Uniting Workers for Social and Economic Advancement"
OBITUARY

  • BJP MLA from Jayanagar: B. N. Vijay Kumar
  • Gandhian, freedom fighter and writer: Keyur Bhushan                  
  • Former Air Chief Marshal: Idris Hassan Latif
  • Malayalam detective Novelist: Kottayam Pushpanath                  
  • Renowned sculpture & mentor of Artists: Guruji Ravinder Sharma
  • Former President of AIFF: P P Lakshmanan 

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