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Current Affairs of 8th May

Anjali Singh, Published On:08-May-2019


                          Current affairs

1.The UN Report termed as ‘Global Assessment’, stated that, among the approximated, 8 million plant, insect and animal species, around 1 million is at risk of extinction within decades.

  • The research study confirms that this extreme loss is a direct result of human activity and has the consequence of a direct threat to human well-being worldwide.
  • The report was endorsed by 130 countries, including the U.S., Russia and China.
  • The research study was launched in Paris by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES).

2.The Reserve Bank of India (RBI) 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.

  • RBI said that the existing family income limit of Rs.2 lakh per annum, prescribed in the master direction for RRBs and the compendium for SFBs, eligible for loans to housing projects exclusively for the purpose of construction of houses for Economically Weaker Sections (EWS) and Low-Income Groups (LIG), has been revised to Rs.3 lakh per annum for EWS and Rs.6 lakh per annum for LIG.

3.The report titled “India Inbound Tourism: Unlocking the Opportunity” published that India’s MICE (meetings, incentives, conferences and exhibition) tourism are growing at 8 per cent a year.

  • The report is published by the Federation of Indian Chambers & Industry (FICCI) in collaboration with Yes Bank.

4.GRIHA Council launched “GRIHA for Existing Day Schools” in India, to comply with the nation’s vision for a greener and sustainable future.

  • “GRIHA for Existing Day Schools” is a rating device that would be able to assess the environmental performance of the existing schools in India.
  • The integrated rating system also acquaints the school students with the concepts of ‘sustainability’ and ‘greenery’ by involving them in accessing the environmental impact of schools on the environment as a whole. The students would do evaluation under the guidance of their teachers.

5.Global card payments brand Mastercard announced its plan of investing $1 billion in India operations over the period of next 5 years.  

  • About $350 million of the total amount would be invested in setting up a local payments processing center as per the Reserve Bank of India’s mandate to store all payments data locally. The rest of the investment will go towards existing services and expanding capacity among others.

6.India and Bangladesh agreed to jointly produce the film based on the life and works of Bangabandhu Sheikh Mujibur Rahman and documentary of Bangladesh Liberation War 1971.  

  • The delegation from Bangladesh side led by Dr. Gowher Rizvi, Adviser to Prime Minister of Bangladesh met Amit Khare, Secretary of Information and Broadcasting Ministry.  
  • The co-production of film was earlier announced by the PM of both India and Bangladesh

                  Awards and Recognition

7. Federation Internationale de Football Association (FIFA) has introduced two new award categories, off Women’s goalkeeper of the year and a women’s team of the year, to promote women’s football across the globe.

  • These additions mean and both men and women will be up for receiving accolades in the same categories at the FIFA Best ceremony 2019 in Milan, Italy that will take place on 23 September 2019.

                Appointment and Resignation

8.Ibrahim Boubacar Keïta, Mali’s president named a new government comprising of 37 members to oversee the formation of a “broad-based” government, under Prime Minister Boubou Cisse, after his predecessor Soumeylou Boubeye Maiga resigned in April.

  • Maiga and his entire cabinet ministry had resigned amid the massacre of over 160 members of the Fulani herding community in Ogossagou village (near Mali’s border) with Burkina Faso.

9.Panama's Electoral Court declared Laurentino Cortizo as the winner of Panama's presidential election.

  • He will replace Juan Carlos Varela. Mr.Cortizo finished 2% points ahead of Romulo Roux.  Cortizo is a candidate for Panama's Democratic Revolutionary Party (PRD).
  • The party won 33% of 95% of votes counted. The PRD was founded in 1979 by military ruler Omar Torrijos and has been out of power since 2009.


10.Former West Indies Batsman Seymour Nurse died after prolonged illness at the age of 85.He was born on 10 November 1933 at Saint Michael, Barbados.

11.Former Indian Cue sports Player, Coach and administrator Derek Sippy, who was in his 60s, died due to a massive heart attack in Mumbai, Maharashtra.

  • His death was confirmed to Press Trust of India (PTI) by Manav Panchal, Honorary Secretary of the Billiards and Snooker Association of Maharashtra (BSAM).

                  Important Days

12.World Red Cross Day (also known as Red Crescent Day) is observed every year on May 8.  The 2019 theme is, ‘#Love’.

  • 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


13.West Indies player John Campbell and Shai Hope created the history by making first-ever 350 plus run opening stand against Ireland.

  • Both players shared 365 runs for the first wicket and also become the only opening pair to score 150 runs each in one inning of a 50-over match. The venue of the match was Clontarf Cricket Club Ground, Dublin, Ireland.

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

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