Top 20 Current Affairs of the Day: 29 May 2019

Last Updated May 29,2019

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Top 20 Current Affairs of the Day: 29 May 2019

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29 May 2019

The Indian Air Force (IAF) Chief Air Chief Marshal B.S. Dhanoa visits Air Force Station in Bhisiana and Sarsawa to pay homage to the air warriors who made supreme sacrifice during Operation Safed Sagar at Kargil. It took India two months of a joint effort between the Indian army and Air Force to evict the intruders. Dhanoa paid tribute to Late Squadron Leader Ajay Ahuja and other fallen heroes who lost their life 20 years back during the Kargil war. CAS B.S. Dhanoa flew the 'missing... Read More

29 May 2019

To create a new chapter in India-China cooperation in the new era of digital transition, 2019 Sino-India IT and DT Industry Cooperation Forum was held on 27th May in Guiyang, China. The objective was to create a new chapter in India-China cooperation in the new era of the digital transition. To make progress and boost development, the big data, and artificial intelligence, the countries need to have in-depth exchanges. NIIT Technology, Shanghai signed cooperation agreements with... Read More

29 May 2019

Swatantryaveer Vinayak Damodar Savarkar's birth anniversary was celebrated on 28 May 2019. On this occasion, Prime Minister Narendra Modi paid tributes to VD Savarkar. He said that the nation will always remember sacrifices made by Veer Savarkar during the freedom struggle. About V D Savarkar (1883 - 1966)  Vinayak Damodar Savarkar, popularly called as Veer Savarkar was born on 28 May 1883 near Nasik in Maharashtra. He was a freedom fighter and called 1857 revolt as the... Read More

category: Important Days

29 May 2019

Recently, the World Health Organization (WHO) in its World Health Assembly held in Geneva, had for the first time recognized 'burn out' as a medical condition in its International Classification of Diseases (ICD), which was extensively used as a benchmark for diagnosis and health insurers. WHO in its catalogue of diseases and injuries defined burn-out as a syndrome conceptualised as resulting from chronic workplace stress that has not been successfully managed. The updated list of... Read More

category: International

29 May 2019

The Malaysian government said that hundreds of tonnes of imported plastic waste will be shipped back to where it came from insisting that the country did not want to be a global dumping ground. The announcement was made by the Malaysian Minister for Energy, Science, Technology, Environment, and Climate Change Yeo Bee Yin.  The Ministry said 450 tonnes of contaminated plastic waste in 10 containers from Australia, Bangladesh, Canada, China, Japan, Saudi Arabia, and the United States will... Read More


29 May 2019

Motilal Oswal Asset Management Company (AMC) become the first Indian fund house to launch WhatsApp transaction platform for mutual fund transactions for new as well as existing investors. This enables investors to use WhatsApp to invest in any scheme from Motilal Oswal AMC. Investors can either invest lump sum or through SIPS. The platform works: An investor should add Motilal Oswal AMC number (+91 9372205812) to his/her contact list. Then on WhatsApp, type 'Hi' on the above... Read More

category: Indian Affairs

29 May 2019

Srei Equipment Finance tied up with Oriental Bank of Commerce to offer loans for the purchase of equipment under a co-lending arrangement. Srei Equipment Finance is a wholly-owned subsidiary of Srei Infrastructure Finance. The funds for the project will be sourced through a platform named iQuippo, a unique digital market place of Kanoria Foundation. It will help in loan origination, loan dues collection, auction of equipment, valuation of equipment and other facilities. The co-lending... Read More

category: Banking & Finance

29 May 2019

Standard Chartered launched Trade A1 Engine in partnership with IBM Standard Chartered in partnership with IBM has launched the Trade A1 Engine which will automate the high risk process of trade documentation. It will enhance client experience through increased operational efficiency and strengthened operational control. This newly launched Trade A1 Engine will replace the Traditional documentary trade consisting of millions of data elements in paper-based that to be reviewed through a... Read More

category: Banking & Finance

29 May 2019

Leaders of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) invited for PM Modi’s swearing-in ceremony to be held on 30th May. However, Bangladesh premier Sheikh Hasina will not attend the event due to her prior commitments. Myanmar State Councillor Aung Saan Suu Kyi’s presence is also uncertain as she is travelling overseas. Kyrgyzstan, the current chair of the Shanghai Cooperation Organisation (SCO), too, has been invited for the... Read More

category: Indian Affairs

29 May 2019

Malawi's president Peter Mutharika of Democratic Progressive Party won the re-elections with 38.5% votes.  The victory was announced in Blantyre, Malawi by the head of the Malawi Electoral Commission (MEC) Jane Ansah. He won the elections against the opposition candidate Lazarus Chakwera from the Malawi Congress Party (MCP) who secured 35.4% of the votes.  Former Vice President Saulos Chilima secured third position with 20% votes.  Malawi has been independent since 1964... Read More

29 May 2019

Croatia’s Ivo Karlovic became the oldest man to win a match at the French Open 2019 for 46 years on 28 May. He beat Spain’s fellow veteran Feliciano Lopez in a first-round duel. Forty-year-old Ivo Karlovic became the oldest player to win a match at Roland Garros and defeated 37-year-old Feliciano Lopez to secure 7-6(4), 7-5, 6-7(7), 7-5 in three hours and six minutes to reach the second round at the clay-court Grand Slam for the sixth time.  This was the oldest... Read More

category: Sports

29 May 2019

Telangana released a draft blockchain policy to set up country's first 'Blockchain District' in Hyderabad.  Telangana released a draft blockchain policy to set up country's first 'Blockchain District' in Hyderabad.  It is aimed to create an ecosystem for major blockchain companies, start-ups for promoting research, innovation and industry collaboration.  Telangana Government signed an agreement with Tech Mahindra to set up the Blockchain district in... Read More

category: Indian Affairs

29 May 2019

SpiceJet became fourth Indian airline to have a 100 aircraft in its fleet. Budget airline SpiceJet has added a new Boeing 737 aircraft to its fleet, taking its total strength to 100 aircraft. The other three domestic airlines with 100 Aircraft fleet are: - Air India  - Jet Airways - IndiGo Eight domestic carriers namely Air India, IndiGo, SpiceJet, GoAir, Air India Express, Vistara, AirAsia and Alliance together have 595 planes in their fleet at the moment. Spicejet  It is a... Read More

category: Indian Affairs

29 May 2019

Sri Lanka, Japan, and India signed an agreement to jointly develop the East Container Terminal at the Colombo Port on 28th May. The joint initiative is estimated to cost between $500 million and $700 million. The signing of the Memorandum of Cooperation (MoC) is significant, given that the countries had been negotiating the deal since last year with little success.  As per the agreement, the Sri Lanka Ports Authority (SLPA) retains 100% ownership of the East Container Terminal... Read More

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29 May 2019

China rejected U.S. Ambassador Terry Branstad’s call to Beijing to engage in substantive dialogue with the Dalai Lama. China cited the reason as it firmly opposes the foreign interference in Tibet and its internal affairs. The visit: Mr. Branstad visited Tibet from May 19 to 25, the first such visit by a U.S. ambassador to China to the remote Himalayan region since 2015, where access is restricted for diplomats and journalists. He expressed concerns regarding the Chinese... Read More

29 May 2019

Meghalaya Chief Minister Conrad K Sangma launched a new project to boost medicinal and aromatic plants cultivation named "Aroma Mission". "Aroma Mission" a project of Rs.18 crore launched to give importance for agriculture and allied sectors so that farmers earn the benefits from it.  CM inaugurated a processing unit of essential oils and insisted institutions like CSIR-CIMAP to undertake more researches in this field.  Broomsticks and bay leaves were... Read More

category: Indian Affairs

29 May 2019

The Reserve Bank of India (RBI) announced that the time-window for using the Real Time Gross Settlement System (RTGS) for customer transactions will be extended from 4:30 pm to 6 pm on all working days. It will be effective from June 1, 2019.  The current RTGS service window for customer transactions is available to banks from 8 a.m. to 4.30 p.m. on a working day. Transactions will now take place under three windows:  1.8 am to 11 am 2.11 am to 1 pm 3.1 pm to... Read More

category: Banking & Finance

29 May 2019

Chief Minister of West Bengal, Mamata Banerjee appointed Alapan Bandyopadhyay, an IAS officer of the 1987 batch, as the new Home Secretary for West Bengal.  He succeeds Atri Bhattacharya Alapan Bandyopadhyay was in charge of the Micro, Small and Medium Enterprises(MSME) Department with additional charge of Industry, Commerce and Enterprises Department. Ajit Ranjan Bardhan as the new principal secretary of the North Bengal Development Department (NBDD) Bardhan was earlier in charge of... Read More

29 May 2019

Orchha town in Madhya Pradesh has a historical site with the Bundela dynasty architectural style.  The Archaeological Survey of India included that heritage town of Orchha in a tentative list of United Nations Educational, Scientific and Cultural Organization (UNESCO) world heritage sites.  It was included in the proposal sent by the ASI to the UN body in April 2019. UNESCO’s rules state that to be a part of the World Heritage sites, the heritage or historical site must first... Read More

category: Indian Affairs

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