Top 20 Current Affairs of the Day: 11 May 2019

Last Updated May 11,2019

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Top 20 Current Affairs of the Day: 11 May 2019

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11 May 2019

Taiwan plans to strengthen ties with India’s new government, including more official visits despite China’s continuing efforts to isolate what it considers to be a wayward province. After India’s general election results on May 23, the two countries will strengthen trade and cultural ties. The centre in the Indian capital operates as a de facto embassy, helping Indian and Taiwanese companies to expand business ties and easing discreet dialogue between government... Read More

11 May 2019

India Ratings also lowered the lender's long-term ratings on concerns of some of its loan exposure turning into bad loans. India Ratings has downgraded the bank's long-term rating to 'IND AA-' with negative outlook, while reaffirming short-term rating, Yes Bank said in a late-evening filing. Icra downgraded the long-term ratings of the lender. Accordingly, six instruments with a total borrowing of over Rs 33,000 crore were also downgraded. The bank had also reported its... Read More

category: Banking & Finance

11 May 2019

Reliance Communications (RCom) on 8th May informed the stock exchanges that the administration of the corporate debtor would be taken over by the interim resolution professional (RP) and the corporate insolvency resolution process (CIRP) would resume, following the National Company Law Tribunal (NCLT) directive.  The National Company Law Tribunal allowed a consortium of 31 banks, led by SBI, to form a committee of creditors. As per the Insolvency and Bankruptcy Code, the resolution... Read More

category: Business & Economy

11 May 2019

Indian Army is commemorating ‘2019’ as the ‘Year of Next of Kin’. As a part of this commemoration, the Army has planned to reach out to the next of kin of battle casualties, ex-servicemen and serving soldiers to resolve their pension-related issues and to let them know of their entitled financial benefits, welfare schemes. Bipin Rawat, Army Chief General in January stated that the army will observe 2019 as the year for the next of kin. Last year, stress was laid on the... Read More

category: Defence

11 May 2019

An asteroid 200 feet wide just plowed into a simulated New York City, sent there by NASA as part of an exercise to study what might happen if astronomers found a giant space rock heading toward Earth. NASA scientists have revealed the outcomes of its asteroid impact drill where they simulated an asteroid heading towards Denver, US. The world's space powers collaborated to hit and deflect the 180-meter-wide asteroid. However, a 60-metre chunk broke off and hit New York City at 69,000 kmph... Read More


11 May 2019

Scientists from Stanford University, Shanhui Fan along with Masashi Ono have demonstrated for the first time that it is possible to produce a measurable amount of electricity in an infrared photodiode from the coldness of the universe.The infrared semiconductor uses the temperature difference between Space and Earth to produce the electricity. The study was published in a journal named  Applied Physics Letters. The new device has generated about 64 nanowatts per square meter. According... Read More

11 May 2019

National Technology Day is observed every year on the 11th of May in India. It is a reminder of the anniversary of Shakti. The aim of the celebration is to highlight the achievements of the scientists and engineers of India in the field of science and technology.  It also helps to encourage students towards science and technology field. Shakti: The first nuclear test Pokhran with a codenamed as ‘Smiling Buddha’ was carried out in May 1974. The second test conducted was... Read More

category: Important Days

11 May 2019

Vice President of India M.Venkaiah Naidu commenced his four-day official visit to Vietnam on 9 May 2019. His visit comes after a series of high-level exchanges between India-Vietnam in 2018 which include visit of Vietnamese Prime Minister in January and President in March to India.  During his visit, the Vice President will be participating in 16th United Nations Day of Vesak (UNDV) at Tam Chuc pagoda in northern Ha Nam province of Vietnam. This visit is expected to enhance India's... Read More

category: Indian Affairs

11 May 2019

The Food and Drug Administration (FDA), United States approved first vaccine named Dengvaxia for the prevention of dengue disease but with certain conditions that use dengue vaccine only in people who have a previous history of the disease. The vaccine is a live, attenuated dengue virus. Under the vaccination, 3 doses will be provided to the patient and after 1st dose, there will be a difference of 6 months between 1st dose and 2nd dose and also a difference of 6 months between 2nd dose and... Read More

category: Indian Affairs

11 May 2019

Indian Staffing Federation (ISF), the apex body for the flexi working industry said that the Indian tech industry will add another three million new jobs in the next five years. With the additions, the size of the country’s tech army will be 7 million by 2023. It also said that the new jobs would come up in digital technology areas such as artificial intelligence (AI), machine learning, Internet of things (IOT), data science, analytics, big data, blockchain and augmented... Read More

11 May 2019

Reliance Brands, a subsidiary of Reliance Industries Ltd. (RIL), has signed a definitive agreement with C Banner International, a Hong Kong-listed company. The aim is to acquire 100% shares of centuries-old British toy retailer Hamleys for £68 million. Reliance Brands said that the 250-year old English toy retailer pioneered the concept of experiential retailing, decades before the concept of creating a unique experience in brick and motor retailing become the new global norm. The... Read More

category: Business & Economy

11 May 2019

Amul announced to sponsor Afghanistan team in upcoming World Cup 2019 which will be held in England and Wales from May 30, 2019.   Amul’s logo will be visible on the leading arm of jerseys of the Afghanistan players in an international match and also in training kit throughout the world cup. Earlier in only two instances, Amul sponsored any cricket team in World Cup tournament. These two countries are New Zealand and Holland About Afghanistan ♦ Capital: Kabul ♦... Read More

category: Business & Economy

11 May 2019

Microsoft CEO, Satya Nadella announced the launch of “ElectionGuard”, a free open-source Software Development Kit(SDK) to help nations to carry out secure and verifiable voting.  Developed by Galois,  “Election Guard” is a supplement to paper ballots. It is verifiable as it allows the voters and third-party organizations to verify election results. “Election Guard” provides a voter a unique code.  During the process of voting, voters have... Read More


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