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Top 10 Daily Current Affairs : 08 May 2019 8 May 2019
Basava Jayanti 2019 was observed on May 7, 2019. Basava Jayanthi is the birthday of Basavanna, a Hindu Kannada poet of the 12th century. Traditionally observed by the Lingayats, Basavanna who was also a philosopher is believed to be the founding saint of the Lingayat section.
Basava Jayanti 2019 will witness various celebratory events across states like Karnataka, Maharashtra and Andhra Pradesh. Basava Jayanti is a government holiday in Karnataka. Many followers of Basavanna visit... Read More
The U.S. space agency NASA said that an asteroid named 99942 Apophis will fly towards the Earth in 10 years. The colossal asteroid is named after the Egyptian god of chaos and destruction. It is expected to approach dangerously close to the Earth on April 13, 2029.
It will be crossing about 19,000 miles (31,000 km) away from Earth. Current calculations show that Apophis still has a small chance of impacting the earth.
NASA said it's relatively rare for such a large object to pass so close... Read More
Iran said that it will reduce some of its commitments to the nuclear deal in response to the United States’ decision to withdrew from the 2015 multilateral deal known as the Joint Comprehensive Plan of Action (JCPOA). The decision will be communicated to the Ambassadors of the five countries, Britain, China, France, Germany, and Russia.
US and Iran relationship:
The US unilaterally withdrew on May 8, 2018, from the 2015 multilateral deal known as the Joint Comprehensive Plan of Action... Read More
Purple Frog is to be named as Kerala’s state amphibian. The species is endemic to the Western Ghats. The title would help in protecting species fragile habitat. The proposal for was mooted by Kerala's leading Herpetologists, a specialist in the study of reptiles and amphibians.
It is believed that the species should be rightly called a living fossil as it’s evolutionary roots suggest it could have shared space with dinosaurs going back almost 70 million years... Read More
India was re-elected as an observer to intergovernmental forum Arctic Council at the 11th Arctic Council ministerial meeting held at Rovaniemi in Finland. India promised its commitment towards contributing more to the Arctic Council. The Council also appointed the International Maritime Organisation (IMO) as a new Observer.
India’s Observer status:
India successfully got the Observer status in 2013 during the Kiruna Ministerial meeting held in Sweden.
India has its Arctic... Read More
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... Read More
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... Read More
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.
India has ranked 24th in MICE tourism worldwide. Out of 12,563 international meetings held in 2018, India hosts only 175 meetings which are around 1.4% and MICE... Read More
The Khadi and Village Industries Commission (KVIC) distributed more than one lakh bee-boxes among farmers and unemployed youths across India in less than two years under its Honey Mission initiative. The mission they have created more than 10,000 new jobs, besides creating around 25,000 additional man-days through the fabrication of bee boxes and honey extractors. This is the first time such mass scale distribution of honey bee boxes has taken place in the country.
About Honey Mission:
It was... Read More
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... Read More
The 15th Finance Commission is to meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions during its two-day visit to Mumbai beginning May 8, 2019.
The commission, chaired by N K Singh, will discuss issues concerning macro-economics, financial stability, cost of borrowing of the Centre and states with the RBI, market-driven borrowing cost and debt trajectories of states.
The commission will also discuss the issues concerning recapitalisation of banks,... Read More
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.
Thousands of grieving commoners... Read More
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.
Mr.Cortizo is a 66-Year-old cattleman who... Read More
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.
About Red Cross
Founded: 5 October 1854
Founders: Henry Dunant, Gustave Moynier, Théodore Maunoir,... Read More
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.
Founded: 1966; 53 years... Read More
Federation Internationale de Football Association (FIFA) 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 means and both men and women will be up for receiving accolades in the same categories at the FIFA Best ceremony 2019 in Milan.
The Best FIFA Football Awards 2019 ceremony will take place on 23 September 2019 at Teatro alla Scala, Milan, Italy.
Awards will... Read More
Microsoft released its own fully managed Azure Blockchain Service.
This will help in simplifying the formation, management and governance of the businesses so that they can pay attention to workflow logic and application development. Businesses can develop their applications on this new cloud-based platform.
“Quorum”, an enterprise-focused version of open-sourced platform Ethereum, will be the first ledger available in Azure Blockchain Service.
This has been announced after a... Read More
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
The movie will be directed by Shyam Benegal and the... Read More
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