Top Current Affairs of the day: 04 May 2019

Last Updated: May 4, 2019

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Top Current Affairs of the day: 04 May 2019
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  • Facebook banned conspiracy theorists

    May 4, 2019
    Facebook banned prominent conspiracy theorists, including Infowars founder Alex Jones and the controversial black activist Louis Farrakhan, in its latest push to crack down on hate content at the leading social network. Banned theorists: Facebook always banned individuals or organisations that promote or engage in violence and hate, regardless of ideology. Among the most prominent figures banned, Mr.Farrakhan, the head of the Nation of Islam, is notorious for spreading anti-Semitic and black... Read More

    RBI imposed penalty on 5 pre paid payment instrument issuers and Yes Bank

    May 4, 2019
    The Reserve Bank of India imposed a monetary penalty on five pre-paid payment instrument issuers including Vodafone m-pesa and Phonepe, for violating regulatory guidelines.
    A penalty of Rs.3.05 crore has been imposed on Vodafone m-pesa and Rs. 1 crore each on Mobile Payments, PhonePe and G.I. Technology Private Ltd. Also, a penalty of Rs. 5 lakh has been imposed on Y-Cash Software Solutions. RBI said it had imposed a penalty of Rs. 29.67 lakh on Western Union Financial Services Inc., USA.,... Read More
    Category: Banking & Finance

    Chandrayaan 2 to be launched between 9 and 16th July

    May 4, 2019
    The Indian Space Research Organisation (ISRO) announced that Chandrayaan-2, India’s second mission to the moon, will be launched between July 9 and 16 and that it is expected to land on September 6. In August 2018, the organisation had said it will launch Chandrayaan 2 in January 2019 and described it as most complex mission undertaken by ISRO. The mission will be launched on a GSLV Mk-III rocket from the Satish Dhawan Space Centre in Andhra Pradesh’s Sriharikota. The mission... Read More

    ADB to finance metro rail projects in India

    May 4, 2019
    Asian Development Bank (ADB), traditionally strong in funding social sector projects in education, water and irrigation in India, is moving into financing metro rail projects in the country in a big way. Transport and energy are two of our biggest areas for funding. The announcement was made by Hun Kim, Director General, South Asia Department, ADB at the 52nd Annual Meeting of the ADB.
    All the projects had been agreed to in-principle with the Centre, the guarantor. The ADB is working... Read More
    Category: Banking & Finance

    International Firefighters Day is observed on 4th May

    May 4, 2019
    International Firefighters' Day (IFFD) is observed on 4th  May of every year. It was instituted after a proposal was emailed out across the world on January 4, 1999, due to the deaths of five firefighters in tragic circumstances in a bushfire in Australia. May 4 used to be a traditional Firefighters' Day in many European countries because it is the day of Saint Florian, patron saint of firefighters. Fire prevention and the need for more intensive and thorough training is one of... Read More

    New round of peace talks held between American and Taliban negotiators

    May 4, 2019
    American and Taliban negotiators began a new round of peace talks in Qatar on 1st May 2019. The talk aimed at securing a lasting peace agreement that would include Taliban guarantees regarding terrorism and a phased withdrawal of American troops.
    The latest negotiations between the two sides come as pressure builds for some sort of breakthrough in Afghanistan’s gruelling conflict, with Washington jostling for a resolution. The talks focused on four main issues:  troop... Read More
    Category: International

    Juan Guaido called for protest at Army bases in Venezuela

    May 4, 2019
    Venezuelan Opposition leader Juan Guaido called for peaceful demonstrations at Army bases, days after a military uprising in support of his bid to oust President Nicolas Maduro fizzled out. The latest appeal came after Mr. Maduro called on the armed forces of the crisis-wracked nation to oppose any coup plotter. Mr.Guaido asked supporters to gather for peaceful demonstrations at military bases in a bid to get soldiers to support the Constitution. Meanwhile, Venezuela’s Supreme Court... Read More
    Category: International

    Gujarat farmers seek compensation from PepsiCo for harassment

    May 4, 2019
    Three of the Gujarat potato farmers sued by PepsiCo the company must pay compensation for the harassment they were subjected to even though the law is very clear on the subject. The three of the potato farmers sued by PepsiCo along with farmer union leaders and farmers’ rights activists asserted that Indian farmers' seed freedoms were non-negotiable. The company has to pay us compensation for all the harassment we were put through even though the law is clear on the... Read More
    Category: Indian Affairs

    Coal Miners Day is observed on 4th May every year

    May 4, 2019
    Coal Miners Day is observed on 4th May every year to highlight the toughest profession and the people working in coal mines. On this day several organisations, communities raises funds and awareness for other organisations in the coal mining area and workers. This day show appreciation for the sacrifices, honour the accomplishments and remember the tragedies that these hardworking individuals experience. History: World: Coal Miners became increasingly important during the Industrial... Read More
    Category: Important Days

    India to purchase 10 Kamov-31 choppers from Russia for 3,600 crores

    May 4, 2019
    Defence Ministry Nirmala Sitharaman approved Indian Navy's proposal to acquire 10 Kamov-31 choppers from Russia at a cost of around Rs. 3,600 crore to strengthen its capability against aerial threats to its aircraft carriers and large warships. They cleared the Rs. 3,600 crore proposal for buying around 10 Kamov-31 Airborne Early Warning and Control choppers for the aircraft carrier operations and deployment on future warships. Indian Navy already has a fleet of 12 of these Kamov-31... Read More

    Asteroid to fly from 31,000 km in 2029, to be seen with naked eye

    May 4, 2019
    National Aeronautics and Space Administration (NASA) revealed that a 340-metre-wide asteroid will "harmlessly" fly by Earth on April 13, 2029, about 31,000 kilometres above the surface. This is within the distance of some Earth-orbiting satellites and will make the asteroid visible to naked eye. The Initial orbital calculations revealed 'Apophis' had a 2.7% chance of impacting Earth but later observations ruled out that possibility. About National Aeronautics and Space... Read More

    HealthKart to raise 173 cr from Belgium's Advent Management

    May 4, 2019
    Gurugram-based health and fitness products platform HealthKart is raising about 173 crore from Belgium-based Advent Management, Entrackr revealed. It has raised around 346 crore worth preference and equity capital since July last year. Healthkart was founded by Prashant Tandon and Sameer Maheshwari in 2011 after raising $1 million from Kae Capital and Sequoia Capital. About Health Kart Owner‎: ‎Bright Lifecare Pvt. Ltd     Founder‎: ‎Prashant Tandon, Sameer... Read More
    Category: Business & Economy

    The 16th Ministerial Meeting of Asia Cooperation Dialogue held in Doha, Qatar with the theme Partners in Progress

    May 4, 2019
    Asia Cooperation Dialogue’s (ACD) 16th Ministerial Meeting was held in Doha, Qatar. Deputy Prime Minister and Minister of Foreign Affairs, H E Sheikh Mohammed bin Abdulrahman Al Thani headed the 2019 dialogue. The Indian delegation was led by Gen. (Dr) V.K. Singh (Retd), Minister of State for External Affairs. Before this, the Senior Officers’ Meeting (SOM) was held on April 30 and attended by Mr. Manish, the Joint Secretary (South). Dr. V.K. Singh, in his address, expressed his... Read More
    Category: Business & Economy

    Principal Scientific Adviser (PSA) and IIT-Delhi inked MoU to launch Centre of Excellence for Waste to Wealth Technologies

    May 4, 2019
    Principal Scientific Adviser (PSA) to the Government of India and Indian Institute of Technology Delhi (IIT Delhi) have inked Memorandum of Understanding (MoU) for setting up a Centre of Excellence for Waste to Wealth Technologies in India as a commemoration of 150th birth anniversary of Mahatma Gandhi on 2 October 2019. The MoU has been signed by Principal Scientific Advisor to the Govt of India, Prof K. Vijay Raghavan and Director, IIT Delhi, Prof V. Ramgopal Rao in New Delhi. The Centre... Read More
    Category: Indian Affairs

    Indian Postal Department released Postage Stamp to commemorate 750th Birth Anniversary of Sri Vedanta Desika

    May 4, 2019
    To commemorate the 750th birth anniversary of Sri Vedanta Desikan, Vice President, M. Venkaiah Naidu unveiled a postage stamp in New Delhi on May 2, 2019. The stamp has been released by Indian postal department. The postage stamps inspire the younger generation to practice humanism, peace and compassion propagated by the great saint and spiritual icon. About Sri Vedanta Desika: Born in 1268 CE, he was Sri Vaishnava philosopher and one of the most brilliant stalwarts of Sri... Read More



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