14 May 2019 - Daily Current Affairs

14 May 2019 - Daily Current Affairs

14 May 2019 - Daily Current Affairs

1. ITC appoints Sanjiv Puri as Chairman

  • ITC Ltd. has appointed Managing Director (MD) Sanjiv Puri (56-years) as the Chairman of the company with immediate effect.
  • Mr Puri joined the company in 1986 and rose through the ranks like his predecessor.
  • He was appointed as Chief executive officer (CEO) in 2017 and as Managing Director (MD) in 2018.
  • Mr Sanjiv Puri is an alumnus of IIT-Kanpur and Wharton School of Business.
  • On 11th May 2019, Company’s longest-serving chairman YC Deveshwar (72-years) passed away.
Note:
  • ITC Limited is an Indian multinational conglomerate company headquartered in Kolkata, West Bengal.
  • It employs over 30,000 people at more than 60 locations across India and is part of the Forbes 2000 list.
Source: Economic Times

International Affairs

2. Cannes Film Festival begins today in France

  • The international event of the world of cinema Cannes Film Festival (72nd edition) has begun in France (14 to 25 May 2019).
  • American film director Jim Jarmusch's ensemble zombie comedy film The Dead Don't Die will serve as the opening film of the festival.
  • Mexican filmmaker Alejandro González Inarritu will serve as Jury President.
  • The Indian delegation is leading by Amit Khare (India’s Information and Broadcasting Secretary) at Cannes.
  • The Indian 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).
  • The festival honoured French filmmaker Agnès Varda, featuring her on the official poster of the festival.
Source: AIR News

3. US Navy Chief holds discussion with Indian Naval Chief Admiral Sunil Lanba

  • US Chief of Naval Operations Admiral John Michael Richardson held discussions with Admiral Sunil Lanba, India’s Chief of the Naval Staff.
  • Mr. Richardson, who is on an official tour to India, intends to further consolidate bilateral naval relations between India and USA and also to explore new avenues for naval cooperation
  • Mr Richardson also interacted with Defence Secretary, Vice Chief of the Army Staff, Chief of the Air Staff and the National Security Council Secretariat.
  • Indian Navy and US Navy interact regularly at bilateral and multilateral forums.
Source: AIR News

Obituaries

4. US actor Peggy Lipton passes away

  • Renowned American actress and model, Peggy Lipton (72-years) passed away.
  • She came to fame through her role as flower child Julie Barnes in the ABC counterculture television series.
  • he Mod Squad (1968–1973) for which she won the Golden Globe Award for Best Actress – Television Series Drama in 1970.
Source: CNN

 Science & Defence

5. DRDO conducts a successful flight test of ABHYAS

  • Defence Research and Development Organisation (DRDO) conducted a successful flight test of ABHYAS - High-speed Expendable Aerial Target (HEAT) from Interim Test Range, Chandipur in Odisha.
  • The flight test was tracked by various RADARS and Electro Optic Systems and proved its performance in a fully autonomous waypoint navigation mode.
  • The configuration of ABHYAS is designed on an in-line small gas turbine engine and uses indigenously developed MEMS-based navigation system for its navigation and guidance.
  • The performance of the system was as per simulations carried out and demonstrated the capability of ABHYAS to meet the mission requirement for a cost-effective High-speed Expendable Aerial Target.
Source: AIR News

Banking and Finance

6. India's retail inflation picks up to 2.92% in April

  • According to the Ministry of Statistics and Programme Implementation data, Retail inflation rose marginally to 2.92% in April this year, mainly due to the rise in food prices.
  • The inflation based on the Consumer Price Index (CPI) was 2.86% in the previous month and 4.58% in April last.
  • According to the Central Statistics Office (CSO) data the inflation in the food basket was 1.1% last month, up from 0.3 per cent in March this year.
  • CPI-based inflation data is an important indicator of the economy as the Reserve Bank of India mainly factors in it while arriving at its monetary policy.
Source: AIR News

National Affairs

7. Young Scientist Programme 'Yuvika2019' inaugurated today

  • The Young Scientist Programme ‘Yuvika2019’ was inaugurated by Indian Space Research Organisation (ISRO) Chairman Dr K Sivan, through video mode in Bengaluru.
  • The two-week residential summer vacation programme spread over four ISRO centres in Bengaluru, Thiruvananthapuram, Ahmedabad and Shillong are attended by 110 students.
  • He touched upon how the applications of Space technology is helping in the day to day activities of common man besides ensuring the safety of life and property during disaster situations.
  • The participants will be visiting the spaceport of India, Satish Dhawan Space Centre in Shri harikota during this programme.
Source: AIR News

8. India extends 1 billion-dollar Line of Credit to Mongolia

  • India has extended 1 billion- dollar Line of Credit to Mongolia to set up its first-ever grass-root refinery at Sainshand in Dornogobi Province.
  • The capacity of the refinery will be 1.5 Million Metric Tons Per Annum.
  • It will be implemented with Exim Bank funding.
Source: AIR News

9. Vice President inaugurates 'Jaipur Foot Artificial Limb' fitment camp

  • Vice President M. Naidu inaugurated the Jaipur Foot Artificial Limb Fitment Camp in Hanoi during his four-day official visit to Vietnam.
  • Vice President M. Venkaiah Naidu presented the artificial limb fitments to the beneficiaries at the Embassy of India in Hanoi under India for Humanity initiative.
  • The Camp is being held under the 'India For Humanity' program in the context of the 150th birth anniversary of Mahatma Gandhi.
  • The iconic Jaipur Foot is lighter than all the other artificial limbs and has transformed the lives of thousands and helped them lead a life of dignity.
Source: DD News

10. Spectacular Thrissur Pooram festival begins in Kerala

  • The most spectacular festival of Kerala ‘Thrissur Pooram’ has begun at Thekkinkadu Maidan in the heart of Thrissur city in Kerala.
  • It is held at the Vadakkunnathan Temple in Thrissur every year on the Pooram day - the day when the moon rises with the Pooram star.
  • A 54-year-old elephant ‘Thechikottukavu Ramachandran’ also participated in the festival.
Source: Indian Express

Sports

11. Football: Manchester City wins Premier League Title 2019

  • Manchester City clinched their fourth Premier League title (football) after winning the 2018-19 season.
  • Manchester City registered a 4-1 victory against Brighton to accumulate 98 points, while Liverpool, who were also in the title race, finished second with 97 points.
  • Dominant Manchester City has successfully retained their Premier League title on the final day of an exhilarating 2018-19 campaign.
  • Manchester City also lifted the trophy in 2011-12, 2013-14 and 2017-18. They are the first team to win back-to-back titles since Manchester United in 2009.
Source: Aljazeera

12. World’s 1st Exclusive Women’s cricket magazine ‘Criczone’ released

  • The world’s first exclusive women’s cricket magazine ‘Criczone’ was released with Indian team vice-captain Smriti Mandhana featuring as the cover story.
  • It is a one-stop solution, exclusively dedicated to providing updates, articles, news, interviews, etc. from the world of women’s cricket.
  • Publisher of the magazine ‘Criczone’ is Yash Lahoti.
Source: Business Standard

13. CEAT Awards: Virat Kohli bags International batsman and cricketer of the year

  • Indian captain Virat Kohli bagged the International Cricketer and Batsman of the Year award during the CEAT Cricket Rating (CCR) International awards 2019.
  • The ceremony held in Mumbai in presence of a galaxy of past and present cricketers.
  • Pacer Jasprit Bumrah was adjudged as International Bowler of the Year.
  • Afghanistan leg-spinner Rashid Khan was awarded for outstanding bowling and Australian batsman Aaron Finch for his exceptional performance in T20.
  • Young prodigy Yashasvi Jaiswal was awarded Junior Cricketer of the Year, while chinaman Kuldeep Yadav took the home outstanding performance of the year award.
  • Ashutosh Aman was awarded Domestic Cricketer of the Year.
  • Legendary Mohinder Amarnath, who played a key role in India's 1983 World Cup triumph, was bestowed with the 'CCR International Lifetime Achievement Award'.
Source: AIR News
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