Top Current Affairs of the day: 05 May 2019

Last Updated: May 5, 2019

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  • Asia-Pacific region is expected to grow at 5.7 percent this year

    May 5, 2019
    The Asia-Pacific region is expected to grow at 5.7% in 2019. According to the ADB’s Asian Development Outlook 2019 report released in April, developing Asia, which comprises 45 nations ranging from China to Tuvalu, is projected to grow by 5.7% in 2019. However, the growth outlook for developing Asia is expected to moderate to 5.6 % in 2020.

    India again postponed retaliatory tariffs against 29 US products

    May 5, 2019
    India has further delayed implementation of its June 2018 order to impose retaliatory tariffs on 29 US products, including almonds, apples and phosphoric acid, till May 16. Implementation of increased customs duty on specified U.S. imports has been postponed from May 2 to May 16. The tariffs were announced after the US refused to exempt India from new steel and aluminium tariffs. The extension comes amid the US' decision to withdraw duty-free benefits to Indian exporters. India wants US... Read More
    Category: Business & Economy

    Iraq remains India's top oil supplier in FY19

    May 5, 2019
    Iraq has for the second year in a row become India's top crude oil supplier, meeting more than a fifth of the country's oil needs in 2018-19 fiscal year. According to data sourced from the Directorate General of Commercial Intelligence and Statistics, Iraq sold 46.61 million tonne of crude oil to India during April 2018 and March 2019, 2 per cent more than 45.74 million tonne it had supplied in 2017-18 fiscal. India provisionally imported 207.3 million tonne of crude oil in 2018-19,... Read More
    Category: Indian Affairs

    Nileena M S won the ACJ Award for Investigative Journalism

    May 5, 2019
    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. Jury's Verdict: On 3rd May, the final jury comprising... Read More
    Category: Awards and Honours

    Huawei overtook Apple to become Worlds 2nd largest smartphone maker

    May 5, 2019
    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. The company saw year-over-year growth of 50.3% in the first quarter and claimed 19% of the worldwide market... Read More

    US Air Force General Tod Wolters sworn in as NATO commander

    May 5, 2019
    US Air Force General Tod D. Wolters has been sworn in as the top military officer of the 29-nation NATO military alliance. Wolters, who replaces U.S. Army General Curtis M. Scaparrotti for a term likely to run two to three years, will also be commander of U.S. forces in Europe. The NATO post of SACEUR (Supreme Allied Commander Europe) is always held by an American military officer. About NATO: NATO full form: North Atlantic Treaty Organization It is an intergovernmental military alliance... Read More

    Ex-ISRO chief AS Kiran Kumar received France's highest civilian award

    May 5, 2019
    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. About AS Kiran Kumar: 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.  About Chevalier de... Read More
    Category: Awards and Honours

    World Press Freedom Prize 2019 awarded to Myanmar Journalists

    May 5, 2019
    The World Press Freedom Prize also known as UNESCO/Guillermo Cano World Press Freedom Prize 2019 is formally conferred every year by Director-General of UNESCO, on occasion of World Press Freedom Day observed on 3 May. In 2019 award would be shared by two jailed Myanmar journalists Wa Lone and Kyaw Soe Oo who reported on alleged human rights violations in the state of Rakhine, Myanmar. The Reuters reporters are serving a seven-year prison sentence in Myanmar. They are charged with breaking the... Read More
    Category: Awards and Honours

    Water storage level of 91 major reservoirs of the country reduced by 1 percent

    May 5, 2019
    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.... Read More
    Category: Indian Affairs

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

    May 5, 2019
    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. Its popularity has grown exponentially with that of the Laughter Yoga movement, which is now counting over 6000 Laughter Clubs worldwide on all 5... Read More

    ISRO planning to send a probe to study sun early next year

    May 5, 2019
    Indian Space Research Organization is planning to send a probe to study the sun early next year. ISRO chairman Dr K Sivan currently scientists are exploring possibilities to study more about Sun and the probe named Aditya-L1 will be sent to observe the solar corona, the outer layers of the Sun. The satellite would be ed in a halo orbit around the L1 (Lagrangian point 1) of the Sun-Earth system so that it has the advantage of continuously viewing the Sun without any occultation or... Read More

    India slips to fifth spot in latest ICC T20I rankings

    May 5, 2019
    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).
    The launch of expanded ICC T20 team rankings coincides with the annual rankings in which series results... Read More
    Category: Sports

    Jaipur To Host Asian Youth Women Handball Championship

    May 5, 2019
    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. About Jaipur Area: 484.6 km² Weather: 38 °C, Wind NW at 11 km/h, 11% Humidity Population: 30.7 lakhs (2011)
    Category: Indian Affairs

    Giant asteroid 99942 Apophis will fly past Earth in a decade

    May 5, 2019
    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... Read More

    LIC HFL initiated UDYAM-a skill development centre for marginalized youth in Bangalore

    May 5, 2019
    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)... Read More



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