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The International Monetary Fund (IMF) has signed an agreement with Pakistan to loan $6 billion over the next three years to meet its foreign debt obligations. The deal comes after months of negotiations over what will be Pakistan’s 22nd bailout aimed at staving off a potential balance-of-payments crisis.
The program aims to support the authorities' strategy for stronger and more balanced growth by reducing domestic and external imbalances, improving the business environment,... Read More
Pakistan off-spinner Sana Mir become the most successful women’s ODI spinner in history after she took her 147th wicket, highest ever by any spinner in One-day International (ODI) cricket.
Currently, Mir is placed on the third position in the ICC’s ODI bowling ranking, which is topped by Indian pacer Jhulan Goswami.
Currency: Pakistani rupee Trending
Prime minister: Imran Khan
President: Arif Alvi
Mumbai Indians (MI) on 12th May clinched the Indian Premier League (IPL) 2019 title. MI defeated Chennai Super Kings (CSK) by one run on the last ball. With this, Mumbai Indians set the record for winning the most number of Indian Premier League titles. This became the first team to win the IPL title for 4 times.
Notably, Mumbai Indians defeated Chennai Super Kings in each of their four encounters in IPL 2019.
The awards of the 12th edition of the IPL is listed below:
Player of the... Read More
United Nations General Assembly (UNGA) decided to hold Ocean Conference 2020 in Lisbon, Portugal from June 2 to 6, 2020 with a theme of “Scaling up ocean action based on science and innovation for the implementation of Goal 14: stocktaking, partnerships and solutions.”
It will be co-hosted by the Governments of Portugal and Kenya.
The objective of this conference is to support the implementation of Sustainable Development Goal 14 (SDG 14) which stated as to conserve and... Read More
Novak Djokovic, the World No. 1 tennis player, won the Madrid Open 2019 title. He defeated Stefanos Tsitsipas, the Greek tennis player, and secured 6-3, 6-4. He equaled Rafael Nadal’s record of 33 ATP Masters 1000 titles.
It is also Djokovic’s 200th victory against a Top 10 opponent.
The Most Association of Tennis Professionals (ATP) Masters 1000 Titles are:
Mutua Madrid Open 2019:
Date: 3 - 12 May, 2019
Location: Madrid, Spain
It... Read More
India marked its presence at the 58th Venice Biennale, Italy which will be held from 11th May till 24th November 2019 (6 month’s period).
The title of the exhibition is “May You Live In Interesting Times”.
It is curated by Ralph Rugoff.
India’s debut at the biennale happened in 2011 with ‘Everyone Agrees: It’s About To Explode‘, curated by Ranjit Hoskote. This was nearly 116 years after the event first started.
The theme for Indian Pavillion is... Read More
The Reserve Bank of India proposes to come out with a mobile application to aid visually impaired persons in identifying Indian currency notes. At present, banknotes in the denominations of Rs.10, 20, 50, 100, 200, 500 and 2,000 are in circulation, besides Re 1 notes issued by the Government of India.
Intaglio printing based identification marks for helping the visually challenged in the identification of denomination of banknotes are present in notes of Rs.100 and above. The RBI has solicited... Read More
US aerospace major, Boeing, handed over 22 AH-64E Apache Guardian attack helicopters to the Indian Air Force (IAF) at the Boeing production facility in Mesa, Arizona in the U.S. The first batch of these helicopters are scheduled to be shipped to India by July 2019.
The IAF had signed a multi-billion dollar contract with the US government and Boeing Ltd in September 2015 for 22 Apache helicopters.
AH-64E Apache Guardian attack helicopters:
The AH-64E Apache is a leading multi-role... Read More
The Ministry of Environment and Forest (MoEF) has granted the Terms of Reference (ToR) to Vedanta Ltd’s Cairn Oil & Gas, to carry out Environment Impact Assessment (EIA) for drilling a total of 274 offshore and onshore oil and gas exploration wells in the Bay of Bengal, Nagapattinam, Karaikal, Villupuram and Puducherry. The approval of ToR begins the first step in the process.
The company is planning to invest a whopping Rs.13,538 crore in the project. In 2018, Vedanta was... Read More
United Nations Secretary-General Antonio Guterres appointed 17 new advocates to achieve Sustainable Development Goals (SDGs).
These include the Indian actress Dia Mirza and the Chief of Alibaba Group, Jack Ma.
The newly appointed UN advocates are the 17 influential global figures. It is the responsibility of these advocates to raise awareness, inspire greater ambition and strive hard for the faster action on the SDGs, which were adopted by the world leaders on September 25, 2015.
The other... Read More
According to the recent report released by the United Nations Environment Programme (UNEP) titled ‘Sand and Sustainability: finding new solutions for environmental governance of global sand resources‘, India and China top a list of nations where illegal sand mining has become a key environmental issue.
The report focuses on the altering pattern of sand consumption, demand and role among the growing population.
The report brings to light that sand and gravel are the 2nd largest... Read More
Japan started testing its fastest-ever bullet train capable of reaching 400 kilometres per hour (249 mph) as it continues to develop the revolutionary mode of travel.
The model's futuristic design features 10 cars and a long pointed nose.
It'll be tested on the line between the cities of Sendai and Aomori, which are about 280 kilometres apart as the crow flies.
Tests will take place after midnight when the line is quiet and will occur twice a week.
The ALFA-X marks a new stage... Read More
World’s first exclusive women’s cricket magazine “CRICZONE” released with Indian women’s cricket team vice captain Smriti Mandhana featured as the cover story.
The publisher of the magazine is Yash Lahoti
The magazine “CRICZONE” was launched on the sidelines of the inaugural women’s T20 challenge event which was attended by international cricketers like Mithali Raj, Smriti Mandhana, Harmanpreet Kaur and overseas players like Danielle Wyatt... Read More
IPS officer Chhaya Sharma conferred with the 2019 McCain Institute Award for Courage and Leadership.
She headed the investigation team of the infamous Nirbhaya gang-rape and murder case.
She has guided teams in the detection and investigation of sensitive criminal cases and protection of human rights.
In 2017, Chhaya performed a crucial role in drafting Standard Operating Procedures and Guidelines to Combat Trafficking of Persons in India.
The award is granted to those who manifest courage... Read More
Facebook confirmed that it has selected London as the center to launch WhatsApp Pay.
The main reason to choose London than US City is because WhatsApp is widely used in UK and London is considered as a Hub for Fintech.
WhatsApp currently has 1.5 billion users globally, out of which, more than 200 million users are in India.
In the process of launching this new feature, WhatsApp will hire nearly 100 new software engineers in London and additional staff would be hired in Dublin.
In... Read More
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