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Current Affairs of 18th May

Anjali Singh, Published On:18-May-2019

 

                     Current affairs

1.The India International Textile Machinery Exhibitions Society (India ITME Society) will organise ITME Africa 2020 between February 14 and 16 next year at Addis Ababa.

  • It is co organised by the Ethiopian Chamber of Commerce and Sectoral Associations.  
  • The exhibits will be under four major categories — textiles, textile engineering, financial institutions and allied segments. It will have country pavilions of Italy, Turkey, China and Switzerland, showcasing technology and engineering expertise in textiles.  
  • The event is supported by the governments of India and Ethiopia.

2.The United States had approved more than USD 600 million in sales of air defense missiles to South Korea and Japan as tensions return with North Korea.

  • The State Department said it had approved 94 SM-2 missiles used by ships against air threats, along with 12 guidance systems for a total cost of USD 313.9 million.
  • It separately gave the green light to sell 160 anti-air AMRAAM missiles and related guidance equipment to Japan for USD 317 million.

3.General insurance company HDFC Ergo and technology major IBM have jointly set up a lab in India to run deep analytics on customer data and subsequently develop customised solutions to improve business efficiency and profitability.

  • The ‘IBM Garage’ with a team of 25 experts, including data scientists, technology architects and design engineers from IBM and experts from HDFC Ergo, are working on various test cases aimed at improving customer experience.

4.Nandan Nilekani led high-level committee on deepening digital payments submitted their report to the Reserve Bank of India.

  • The five-member team was formed in January this year to consult with various stakeholders of the payments ecosystem and deliberate on solutions to further strengthen the industry.

5.Two warships of the Indian Navy-INS Kolkata and INS Shakti are participating in a three-day Asia Pacific naval and maritime event.

  • The International Maritime Defence Exhibition Asia (IMDEX Asia-2019) commenced on May 14 and will also witness the participation of some of India's leading engineering and shipbuilding firms, including Larsen & Toubro and BrahMos, which makes the state-of-the-art air, sea and ground launch cruise missiles.

6.The CBIC government launches project SPARROW for CBIC officers

  • The Central Board of Indirect Taxes and Customs (CBIC) had started online writing of annual performance appraisal report (APARs) in SPARROW (Smart Performance Appraisal Report Recording Online Window) for Indian Revenue Service (IRS) officers in Customs and Central Excise in 2016-17.
  • The CBIC said it will conduct annual performance appraisal of over 46,000 Group B and C officers online, a move aimed at better human resource management.

            Appointment and Resignation

7.Robin Kamark, the lone nominee of Etihad Airways PJSC on the board of Jet Airways, has resigned even though Etihad had submitted a conditional bid for the revival of the airline.  

  • Jet Airways, in a  filing with the stock exchanges, stated that Mr. Kamark’s resignation was with effect from May 16, 2019

8.The Reserve Bank of India (RBI) has approved the appointment of Nitin Chugh, the digital banking head of HDFC Bank, as the managing director and chief executive officer of Ujjivan Small Finance Bank.

  • Mr. Chugh would replace Samit Ghosh, who retires on November 30.

               Awards and Recognition

9.The National Cadet Corps (NCC) Girls’ Mountaineering Expedition to Mt. Tenchenkhang in Sikkim was ‘Flagged Off’ by Maj Gen Sanjay Gupta

  • The team is led by Lt Col Madhab Boro and constitute three officers (including Medical Officer), 17 PI staff and 20 NCC Girl Cadets from various All India NCC directorates.

10.United Nations Office for Disaster Risk Reduction (UNDRR) conferred Sasakawa Award 2019 for Disaster Risk Reduction to Dr. Pramod Kumar Mishra, Additional Principal Secretary to Prime Minister of India.

  • The award was announced at the Award Ceremony during the ongoing 6th Session of Global Platform for Disaster Risk Reduction (GPDRR) 2019 at Geneva.
  • The United Nations Sasakawa Award is the most prestigious international award in the area of Disaster Risk Management. It was instituted more than 30 years ago and is jointly organized by the UNDRR and the Nippon Foundation.
  • The theme of the 2019 Sasakawa award was “Building Inclusive and Resilient Societies”.

                          Sports

11.The ICC has announced a star-studded line-up of commentators for the World Cup. Harsha Bhogle, Sanjay Manjrekar and Sourav Ganguly are the Indian commentators for the mega event.

  • Kumar Sangakkara is the only Sri Lankan commentator.
  • Australia’s Michael Clarke, Pakistan’s Wasim Akram and Ramiz Raja, and Bangladesh’s Athar Ali Khan are also part of the panel.

 

12.Rajeshwari Kumari and Kynan Chenai shot 91 out of 100 as they placed 24th in the mixed trap team competition in the Shotgun World Cup

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






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