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Current Affairs of 14th May

Anjali Singh, Updated On:15-May-2019


                     Current affairs

1.ISRO hosts first batch of teen scientists

  • At least 110 teenagers, aspiring space scientists from all States and Union Territories, began a two ­week residential training programme to learn about the national space programme first hand.
  • They are the first batch of young scientists or ‘Yuvika’ (Yuva Vigyani Karyakram) that the Indian Space Research Organisation plans to hold every year


2.Private sector lender HDFC Bank grew its wholesale book by 32% in 2018-­19. The wholesale lending book is now 46% of the total book compared with 43% a year ago.

  • Wholesale banking of HDFC Bank broadly comprises three segments viz. the corporate bank (large corporate), the emerging corporate group (mid­ corporate) and business banking (MSME).


3.State ­owned Allahabad Bank announced a reduction in benchmark lending rate by 0.05 percentage points across various tenors.

  • The marginal cost of funds ­based lending rate (MCLR) for one ­year loan has been reduced to 8.60% from 8.65%  effective from May 14.
  • Most of the loans, including housing loans, are benchmarked against MCLR for one year.


4.The Islamic State terror group has claimed to have established a new "province" in India, that came after clashes between militants and security forces in Kashmir.

  • The Arabic name of the new branch is "Wilayah of Hind" (India Province), the dreaded terror outfit, (also known as ISIS and ISIL)
  • A senior Jammu and Kashmir police officer has rejected the claim.


5.President Ram Nath Kovind paid rich tributes to Mahatma Gandhi at his birthplace Kirti Mandir in Gujarat Porbandar, and stressed that cleanliness was a "multi-stakeholder" national movement.

  • On the occasion of the 148th birth anniversary of the Mahatma, the president declared rural Gujarat open defecation free (ODF).
  • He also launched a solid waste management and rural comprehensive cleanliness programme for 3,300 gram panchayats in Gujarat.


6.Nabventures, a subsidiary of NABARD, announced its maiden fund to back agriculture, food and rural startups.

  • The fund - NABVENTURES Fund I - with a proposed corpus of Rs 500 crore has a greenshoe option of Rs 200 crore and has received an anchor commitment from NABARD, Nabventures

              Appointment and Resignation

7.The board of directors of ITC Ltd., appointed Sanjiv Puri, managing director, as also the chairman of with effect from May 13, 2019.

  • Mr. Puri's new designation is chairman and managing director. He would thus fill in the void created by the demise of Y. C. Deveshwar


8.LIC Mutual Fund appointed Dinesh Pangtey as the company's Chief Executive Officer (CEO).  

  • He joined LIC as a direct recruit officer in 1984  He was Director and CEO at LIC Group's private equity division LICHFL AMC. He also served as Regional Manager Marketing channel in Western Zone spanning the states of Maharashtra, Gujarat and Goa.


9.Doris Day, the U.S. screen icon famed for her wholesome, girl ­next­door appeal in a string of box office hits, died at age 97



10.Serena Williams beats Swedish qualifier Rebecca Petersen 6-­4, 6-2, to advance to the second round of the Italian Open clay­court tournament


11.The Mutua Madrid Open 2019 is a professional tennis tournament presented on outdoor clay courts at the Park Manzanares in Madrid, Spain.

  • It was the 11th edition on the Women’s Tennis Association(WTA) Tour and 18th edition of Association of Tennis Professionals (ATP) World Tour.It was the last professional tennis tournament for Spanish player David Ferrer, who received a wildcard into the singles draw.






Novak Djokovic (Serbia)

Stefanos Tsitsipas (Greece)


Horia Tecau (Romania).

Jean-Julien Rojer (Curacao)

Dominic Thiem (Austria),

Diego Schwartzman( Argentina)


Kiki Bertens (Netherlands)

Simona Halep(Romania)


Hsieh Su-wei (Taiwan),

Barbora Strycova(Czechia)

Xu Yifan (China),

Gabriela Dabrowski (Canada)


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




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