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Current Affairs of 5th May

Anjali Singh, Published On:05-May-2019

 

                          Current affairs

1.As a part of Corporate Social Responsibility (CSR), LIC Housing Finance Ltd (LIC HFL) in association with Lok Bharti Education Society unveiled a skilling centre named “UDYAM” in Bangalore, which will provide skill development training to marginalized youth in the sectors of BFSI, Retail and IT/ITES.

  • Currently it has been launched in Delhi and Bangalore and later on be expanded to other cities.
  • With an objective to empower youths of this country, LIC Housing Finance Ltd (LIC HFL) launched ‘UDYAM’, a skilling centre in Bangalore for marginalized youth. It has been launched in association with Lok Bharti Education Society, the implementing partner.

2.The 340m wide asteroid named 99942 Apophis will fly past Earth like a ‘moving star- like point of light’ on April 13, 2029.

  • It will fly above the earth’s surface at 30,500 km and first become visible with a naked eye in the night sky over the Southern Hemisphere from the east coast to the west coast of Australia.
  • In 2004, astronomers at the Kitt Peak National Observatory based in Arizona discovered Apophis and claims about the chance of 2.7% that asteroid may impact Earth in 2029.

3.Jaipur host the 8th Asian Youth Women Handball Championship in which 10 teams will be participating.

  • It will be played in August 2019. Earlier Delhi had hosted it in 2015 where the hosts India had finished 7th.
  • The previous edition in 2017 was held at Jakarta in Indonesia where South Korea was the champion while Japan and China were placed second and third respectively

4.Ministry of Water Resources reported that the water storage level available in 91 major Indian reservoirs for week ending on 2 May 2019 was 40.592 BCM (Billion cubic meters), which is 25% of the total storage capacity of these reservoirs.

  • This was at 26% for the week ending on April 25, 2019. This shows a decline in the water storage level by 1%.
  • As per yearly comparison, level of water storage in the week ending on 2 May 2019 was 115% of storage of corresponding period of last year (i.e. May 2018) and 104% of storage of average of last ten years (i.e. May 2009).

5.The Chinese electronics giant Huawei has surpassed Apple to become the No. 2 smartphone vendor worldwide, according to statistics from the International Data Corp. (IDC).

  • South Korean consumer electronics giant Samsung continues to top the list with 20.9% market share. Huawei was the only smartphone maker in the top three that saw an increase in shipments in the first quarter of 2019.

6.The 11th meeting of the joint working group on counter-terrorism between India and Australia held at Canberra, Australia on May 2, 2019. Mahaveer Singhvi, Joint Secretary (Counter-Terrorism) led Indian delegation while Paul Foley, Australia’s Ambassador for Counter Terrorism led Australian delegation for the meeting.


7.Vodafone Idea Ltd, India’s largest telecom operator  notified a 5-year multi-million-dollar IT outsourcing deal with IBM (International Business Machines Corporation).

  • The collaboration will contribute to Vodafone Idea’s merger synergy objectives by decreasing its IT related costs.
  • This partnership will offer Vodafone Idea with a hybrid cloud based digital platform to enable engagement with its 387 million subscribers (as of  31 December, 2018), thus boosting business efficiency, scale and easiness of its business processes.

                  Awards and Recognition

8.Former ISRO chairman AS Kiran Kumar was conferred with France's highest civilian award 'Chevalier de la Légion d'Honneur' for his contribution to India-France space cooperation.

  • He served as the ISRO chief from 2015 to 2018 and was awarded the Padma Shri in 2014.
  • He has contributed to projects like India's first experimental remote sensing satellite, Bhaskara-1, launched in 1979 and even Chandrayaan-1 and Mangalyaan.

9.The article titled 'Coalgate 2.0' authored by Nileena M S and published in The Caravan magazine in March 2018 has won the ACJ Award for Investigative Journalism, 2018.

  • The award, which comprises a trophy, a citation, and Rs. 2,00,000 cash prize. It was presented to the winner by John Micklethwait, Editor-in-Chief of Bloomberg News, who was the chief guest at the journalism school's annual convocation ceremony

                Appointment and Resignation

10.The Chief Economic Adviser (CEA), Dr. Krishnamurthy Subramanian has been included as the member of the Advisory Council to the 15th Finance Commission headed by N.K. Singh.

  • The Advisory Council now has 12 members after inclusion of Chief Economic Adviser Dr. Krishnamurthy Subramanian.
  • Other members include Dr. D.K. Srivastava, Dr. Indira Rajaraman, Dr. Arvind Virmani, Dr. Surjit S. Bhalla, Dr. Sanjeev Gupta, Prof. Pinaki Chakraborty, Sajjid Chinoy, Neelkanth Mishra, Prachi Mishra, Dr. M. Govinda Rao, and Dr. Omkar Goswami.

11.Shri Godavarthi Venkata Srinivas was appointed as the next Ambassador of India to the Republic of Senegal.

  • Presently, he is Joint Secretary in the Ministry of External Affairs.

                            Obituary

12.Former Chief Justice of Madras and Kerala High Courts, Justice Subhashan Reddy died in Gachibowli due to age-related ailments.

  • He was born at Amberpet in Hyderabad in 1943.

                       Important Days

13.World Laughter Day is celebrated on the first Sunday of May of every year.

  • The first celebration was on May 10, 1998, in Mumbai, India.
  • The celebration of World Laughter Day was meant to be a positive manifestation for world peace and to build up a global consciousness of brotherhood and friendship through laughter and run-on sentences.

                              Sports

14.The world body governing cricket, ICC unveiled an expanded men's Twenty20 International team rankings with 80 teams.

  • India with 260 points have dropped three places to fifth in the latest list. The ICC T20 World Cup champions of 2009, Pakistan have consolidated their top position with 286 points.
  • The next three teams are South Africa (262), England (261) and Australia (261).

Source: The Hindu, The Economic Times, The Indian Express, Press Information Bureau website







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