Top Current Affairs of the day: 03 June 2019

Last Updated: June 3, 2019

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  • James Webb Space Telescope successfully passed final thermal vacuum test

    June 3, 2019
    NASA's $8.8-billion James Webb Space Telescope, the world's largest and most expensive one, has successfully passed final thermal vacuum test, making its parts cleared for use in space.
    The 6.5-meter diameter telescope has 18 gold-coated mirrors and a tennis court-sized sun-shield to gather light and protect its instruments. The telescope set to launch in 2021. It took 20 years to build. James Webb Space Telescope (JWST): Operators: NASA / ESA / CSA / STScI Mission duration: 5... Read More

    Veteran industrialist BM Khaitan passes away

    June 3, 2019
    Veteran industrialist and Williamson Magor Group patriarch Brij Mohan Khaitan died on 1 June 2019 at his residence in Kolkata. He was 92. Khaitan is survived by his younger son Aditya and daughter Divya Jalan. Also known as the “evergreen tea man of India” globally, he had made the tea industry “Indian-owned” in the twilight era of independence. Mr.Khaitan's career: Khaitan had recently resigned as nonexecutive chairman from the boards of Eveready Industries and... Read More
    Category: Obituary

    June 3 is celebrated as the World Bicycle Day across the globe

    June 3, 2019
    In April 2018, the United Nations General Assembly (UNGA) declared 3 June as International World Bicycle Day. The resolution for World Bicycle Day recognizes the uniqueness, longevity, and versatility of the bicycle, which has been in use for two centuries, and that it is a simple, affordable, reliable, clean and environmentally fit sustainable means of transportation. 2019 will be the second year when it will be celebrated after the UN General Assembly declared it in 2018 to acknowledge the... Read More
    Category: Important Days

    SpiceJets Chairman and MD Ajay Singh was elected to the board of IATA

    June 3, 2019
    SpiceJet's Chairman and Managing Director Ajay Singh was elected to the board of the International Air Transport Association (IATA), less than three months after the airline joined the global grouping. Founder and former chairman of the now grounded Jet Airways Naresh Goyal, who was associated with the IATA for a long time, was a member on the previous board. Board of IATA: The new board of the global airlines' grouping would be chaired by Lufthansa Group Chief Executive Officer... Read More

    Sri Lankan presidential polls to be held between 15 Nov and 7 Dec

    June 3, 2019
    The presidential elections in Sri Lanka have been announced to be held between November 15 and December 7, 2019. The announcement was made by the Election Commission Chairman Mahinda Deshapriya. As per the Sri Lankan constitution, the polls must be held one month before the end of the current President’s term.
    Sri Lankan President Sirisena's five-year term is scheduled to end on January 8, 2020. He was elected for a 5-year term on January 8, 2015.

    GDP Growth slips to 5.8 % in Q4 in 2018 - 19 : Central Statistics Office (CSO)

    June 3, 2019
    The Central Statistics Office (CSO), the rate of gross domestic product (GDP) growth in the January-March quarter of 2018-19 decreased to 5.8% as compared to the forecast of 6.5%. The economic growth rate for the full 2018-19 financial year stood at a 5-year low of 6.8% when compared with 7.1% The main reason behind the slip is the slowdown in the countrys key sectors like agriculture, industry and manufacturing in the past nine months. India's fiscal deficit in full 2018-19 stood... Read More
    Category: Business & Economy

    ADB and MIGA planned to expand Development Finance in Asia and Pacific to increase the flow of private sector investment

    June 3, 2019
    Asian Development Bank (ADB) and the Multilateral Investment Guarantee Agency (MIGA) agreed to expand Development Finance in Asia and Pacific to increase the flow of private sector investment. They signed a Cooperation Agreement which will be effective for 3 years from signing. This was signed in line with the 2030 Sustainable Development Goals(SDGs). The main aim is to encourage more private investment in developing countries. About MIGA: Headquarters: Washington DC, US Founded:... Read More
    Category: Banking & Finance

    KVB to form venture with Centrum Wealth to provide wealth management services

    June 3, 2019
    Karur Vysya Bank Ltd (KVB) partnered with Centrum Wealth Management Ltd(Centrum) to form private limited Joint Venture (JV) to provide wealth management services to its clients. KVB will hold 51% of the share capital, Centrum will hold 45% and the remaining 4% will be held by the JV's Staff There will be 5 Board of Directors, of which 3 will be from the bank. ii. Centrum Wealth Management is a unit of Centrum Capital Ltd. Karur Vysya Bank is an Indian 100 years completed bank and is one... Read More
    Category: Banking & Finance

    Assam govt hikes parental income limit under fee waiver to Rs 2 Lakhs

    June 3, 2019
    Assam government increased the parent's annual income of students eligible for fee wavier scheme up to post graduation level from RS 1 Lakh to RS 2 Lakh. It was announced by Assam education minister Siddhartha Bhattacharya. The scheme does not apply for private colleges and universities in Assam. Children of parents working in state and central government are not eligible. Siddhartha Bhattacharya is a politician from the state of Assam. He is a Cabinet Minister of Education of... Read More
    Category: Indian Affairs

    Prime Minister Narendra Modi hikes National Defence Fund scholarship assistance

    June 3, 2019
    Prime Minister Narendra Modi approved changes to the Prime Minister’s Scholarship Scheme forwards of deceased defense personnel under the National Defence Fund.
    The quota of new scholarships for children of state police officials will be 500 in a year.
    The rates of scholarship have also been increased from Rs. 2000 per month to Rs. 2500 per month for boys and from Rs. 2250 per month to Rs. 3000 per month for girls. Under the scheme, every year new scholarships are given for... Read More

    Kasturirangan Committee submitted the draft National Education Policy to Union HRD Minister

    June 3, 2019
    K. Kasturirangan Committee submitted the 484-pages draft report of National Education Policy to the new Union Human Resource Development Minister Ramesh Pokhariyal. The report on the National Education Policy mainly put out on the Ministry of Human Resource Development (MHRD)'s website for suggestions from the public The last date for the suggestions is June 30. The Committee recommended renaming Ministry of Human Resource Development (MHRD) like the Ministry of Education... Read More
    Category: Indian Affairs

    India lost its spot as the worlds fastest growing economy to China

    June 3, 2019
    India lost the world's fastest-growing economy title to China. In the January-March quarter, India registered 6.3% whereas China recorded a growth of 6.4% in the March Quarter.
    India had been ahead of China for two years. The country's economic growth rate of India slowed to 5.8% during the fourth quarter of 2018-19 due to low agriculture and mining output along with subdued consumer demand.
      India's economic growth driven by... Read More
    Category: International

    India, US, Japan and Australia supports ASEAN led architecture mechanism

    June 3, 2019
    India, US, Japan, and Australia came together to support ASEAN-led architecture mechanism for a rule-based order to promote the free, open, prosperous and inclusive indo-pacific region in a meeting held at Bangkok, Thailand. The meeting at Bangkok is to counter China's military expansion into the Indo-pacific region. The Quad Countries: Senior officials of the four countries also highlighted their efforts to maintain universal respect for international law and freedom of navigation... Read More
    Category: International

    Indian juniors won 5 gold, 3 silver medals Under-20 Eurasian Athletics Championship:

    June 3, 2019
    The Under-20 Eurasian Athletics Championships held at Almaty, Kazakhstan, India team won 5 gold and 3 silver medals National teams from Kazakhstan, Kyrgyzstan, Uzbekistan, Iran, India, and Tajikistan participated in a 2-day event held on May 29-30, 2019. Sreekiran bagged the boys’ 800m gold with a time of 1:54.62 Rohit Yadav added the fifth gold medal to India’s tally finishing on top in the boys’ javelin throw by clearing a distance of 74.55m. The list of gold and... Read More
    Category: Sports

    Punjab and Haryana High Court has accorded the status of legal person or entity to animals

    June 3, 2019
    The Punjab and Haryana High Court has accorded the status of legal person or entity to animals, granting them the “corresponding rights, duties, and liabilities of a living person”.
     The Bench also provided guidelines for the accord. Guidelines: It has fixed load to be carried by animals and banned their deployment for pulling vehicles in extreme cold and heat conditions.
    The use of spike sticks, harness or yoke with spikes, knobs, projections and other sharp... Read More

    Telangana State Formation Day celebrated on 2 June

    June 3, 2019
    Telangana Day is celebrated on June 2 each year from 2014 after its bifurcation from Andhra Pradesh.
    This year marks the fifth Telangana State Formation Day.
    It is the 29th state of the country after the Andhra Pradesh Reorganisation Act was passed in the Parliament.
    The celebrations are held in all the 30 districts of the state. Telangana was officially formed on 2 June 2014.   The bill was introduced on 5 December 2013 in... Read More
    Category: Important Days

    Anton Aditya Subowo re-elected as President of Badminton Asia

    June 3, 2019
    Indonesia's Anton Aditya subowo re-elected as President of Badminton Asia for another four year period. There were around seven people who were selected as the vice-presidents.
    India's Badminton Asia's president Himanta Biswa Sarma .
    Around 40 countries were voted for the posts of President, Vice President, and Secretary-General. About Badminton Asia:  2019 Badminton Asia Mixed Team Championships officially crowned the best mixed national badminton teams in... Read More
    Category: Sports

    ONGC became Indias most profitable public sector company

    June 3, 2019
    Oil and Natural Gas Corp (ONGC), India's top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain the crown of being the country's most profitable public sector company.
    Oil and Natural Gas Corp (ONGC) reported a 34% jump in its 2018- 19 fiscal net profit to Rs.26,716 crore.
    Whereas, IOC registered a net profit of Rs.17.274 crore for the fiscal year ended March 31, 2019.
    ONGC, in the previous two financial years, had lost the most profitable PSU tag to IOC.... Read More
    Category: Business & Economy

    Flight Lieutenant Mohana Singh became the first IAF woman pilot to fly Hawk jets

    June 3, 2019
    Flight Lt. Mohana Singh becomes the first woman fighter pilot to fly by day on a Hawk advanced jet aircraft. She landed after a grueling 4-aircraft combat sortie at Kalaikunda Air Force station in West Bengal. The other women officers - Bhawana Kanth and Avani Chaturvedi - joined the fighter stream in June 2016. Last week, Flight Lt. Bhawana Kanth became the first daytime woman fighter pilot to fly a MiG-21 Bison. She involved flying both air-to-air combat and air-to-ground... Read More
    Category: Defence

    India has 20 health workers per 10,000 people NSSO study data

    June 3, 2019
    National Sample Survey Organization (NSSO) data showed that India has 20.6 health workers per 10,000 people.
    It is less than the World Health Organization's (WHO) minimum overreach of 22.8 per 10,000 people. Distribution of health workers: Rural areas with 71 % of India's population have only 36% of health workers. It is uneven between the urban and rural areas. Delhi highest concentration of health workers followed by Kerala, Punjab, and Haryana.
    Public and private... Read More
    Category: Indian Affairs



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