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Top Current Affairs of the day: 30 May 2019

Last Updated: May 30, 2019

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  • Huawei challenged U.S.s NDDA bill as sanctions fight ramps up

    May 30, 2019
    World's largest telecom equipment maker Huawei filed a motion in a US court to declare National Defense Authorization Act (NDAA) as "unconstitutional". The U.S. court had agreed on a schedule to hold hearings in September on motions by opposing sides. NDDA Bill: The NDAA bill, passed by the U.S. Congress in 2018, places a broad ban on federal agencies and their contractors from using Huawei equipment on national security grounds, citing the company’s ties with the... Read More


    Centre sets up tribunal for adjudicating ban on LTTE

    May 30, 2019
    The Centre set up a tribunal for adjudicating whether or not there is sufficient reason to continue the ban on the Liberation Tigers of Tamil Eelam (LTTE). Tribunal to adjudicate: A tribunal has been set up by the Government of India under the Unlawful Activities (Prevention) Act, 1967 (37 of 1967) for the purpose of adjudicating whether or not there is sufficient cause for declaring the Liberation Tigers of Tamil Eelam as an unlawful association. The Tribunal constituted by GoI is... Read More
    Category: Indian Affairs


    WHO concluded that Burnout is not a medical condition

    May 30, 2019
    The World Health Organization (WHO) has for the first time recognised "burn out" in its International Classification of Diseases (ICD), collectively known as the ICD-11. The decision was taken during the World Health Assembly (WHA) in Geneva.
    Burn-out: WHO has now defined burnout as “a syndrome conceptualised as resulting from chronic workplace stress that has not been successfully managed”. Burn-out refers specifically to phenomena in the occupational context and... Read More
    Category: International

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    N Kumar, TNAU V-C, conferred with 'Lifetime Recognition Award' by the Confederation of Horticulture Association of India

    May 30, 2019
    Lifetime Recognition Award by the Confederation of Horticulture Association of India was given to Professor N. Kumar, Vice-Chancellor of Tamil Nadu Agricultural University. The award has been conferred for his outstanding contribution in the field of horticulture and academic leadership focused on human resource development in agriculture at the International Conference on Innovative horticulture at Pantnagar, Uttarakhand, according to a varsity release.
    He began his career as an... Read More
    Category: Indian Affairs


    May 28 observed as World Hunger Day

    May 30, 2019
    World Food Day is celebrated every year around the world on 16 October in honor of the date of the founding of the Food and Agriculture Organization of the United Nations in 1945. The day is celebrated widely by many other organizations concerned with food security, including the World Food Programme and the International Fund for Agricultural Development. Theme The theme for World Hunger Day 2019 is Sustainability. Aim: The main aim is to raise awareness of chronic hunger and... Read More


    ICC launches criiio campaign on eve of World Cup

    May 30, 2019
    ICC launched the criiio campaign on the eve of the men’s World Cup bringing together 460 million people playing cricket globally to celebrate the magnificent diversity of cricket. The ICC to join the social cricket tribe by sharing pictures and videos of where and how they play cricket across the world using the newly launched #criiio and visiting criiio.com. This builds on the success of the recent user-generated social media initiative #WorldWideWickets and is the first of a series of... Read More
    Category: Sports


    Chelsea clinched the UEFA Europa League 2019 Cup

    May 30, 2019
    Chelsea clinched the UEFA Europa League 2019 Cup. It scored four goals in a devastating second-half display to beat Arsenal 4-1 on 29 May at the Baku Olympic Stadium in Azerbaijan. It gave Italian manager Maurizio Sarri a major trophy in his first season in charge and Chelsea a first European title since the 2013 Europa League. The triumph in Baku means Chelsea have won three European titles in seven years, with the Champions League triumph in 2012 followed by their first Europa League... Read More
    Category: Sports


    India's first all woman crew flies Mi - 17 V5 medium lift helicopter

    May 30, 2019
    Three women officers of Indian Air Force were part of India's first all-women crew to fly a medium-lift helicopter Mi-17 V5.
    Flight Lieutenant Parul Bhardwaj (Captain), Flying Officer Aman Nidhi (co-pilot) and Flight Lieutenant Hina Jaiswal (Flight Engineer) were three women IAF officers flew the chopper, which took off from a forward air base in South Western air command. All three women officers flew a Mi-1 7 V5 helicopter for Battle Inoculation Training mission.
    Under this... Read More
    Category: Defence


    Bandhan Bank plans to open 16 more branches by June

    May 30, 2019
    City-based Bandhan Bank plans to open 16 more branches by June following the approval received from the Reserve Bank of India in 2018-19 to open 64 new branches. 48 branches were opened by March 2019 and the remaining branches would be opened this quarter. The Bank also plans to open a branch at Boral in South 24 Parganas and in West Bengal. Bandhan Bank: Founded: 23 August 2015 Founder: Chandra Shekhar Ghosh Headquarters: Kolkata, West Bengal Number of branches: 986 Chairman: Dr. Anup... Read More
    Category: Banking & Finance


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    NSIC signed MoU with the Ministry of MSME for 2018-19 financial year

    May 30, 2019
    The National Small Industries Corporation Limited (NSIC) signed a Memorandum of Understanding (MOU) with the Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2018-19. The MOU was signed by Ram Mohan Mishra and Arun Kumar Panda in the presence of Alka Nangia  Arora, Joint Secretary, SME; Mercy Epao, Director (SME); P Udaya Kumar, Director, P&M, NSIC, and A.K. Mittal, Director, Finance, NSIC. The MoU envisages provision of enhanced services by NSIC under its... Read More


    Zaidi wins USD 100,000 Nine Dots Prize

    May 30, 2019
    Mumbai-based Writer Annie Zaidi was announced as the 2019 winner of the $100,000 Nine Dots Prize, an award for creative thinking that tackles contemporary societal issues. She won the prize for her entry titled ‘Bread, Cement, Cactus’, a piece that combined memoir and reportage to explore concepts of home and belonging. Her proposed book, based on the prize-winning essay, will be published in May 2020 and will examine how a citizen’s sense of home might collapse, or... Read More
    Category: Awards and Honours


    RBI constitutes a committee for Housing Finance Securitisation Market

    May 30, 2019
    The Reserve Bank of India (RBI) constituted a committee to review the existing state of mortgage securitisation in India and suggest measures to deepen it. The six-member committee on Development of Housing Finance Securitisation Market is headed by Harsh Vardhan, Senior Advisor, Bain & Co. Role of the panel: The panel will review the regulations relating to mortgage-backed securitisation (MBS) currently in place, and make specific recommendations on suitably aligning the same with... Read More
    Category: Banking & Finance


    International Day of United Nations Peacekeepers celebrated on May 29

    May 30, 2019
    International Day of United Nations Peacekeepers was celebrated on May 29.
    This day adopted by the UN General Assembly in its resolution 57/129.
    The theme for this year is "Protecting Civilians, Protecting Peace". The theme marks the upcoming 20th anniversary when for the first time the Security Council explicitly mandated a peacekeeping mission (UNAMSIL- United Nations Mission in Sierra Leone) to protect civilians.
    The day was first celebrated on May 29, 1948, to pay... Read More
    Category: Important Days


    US removed India, Switzerland from its currency monitoring list

    May 30, 2019
    US Government removed India and Switzerland from its currency monitoring list US Government has removed India and Switzerland from its currency monitoring list. The monitoring list includes countries with potentially questionable foreign exchange policies and practices currency manipulation. It is prepared by the US Treasury Department.
    India had a significant trade surplus while Switzerland had a material current account surplus.
    In its semi-annual report to US Congress on... Read More
    Category: International


    Muhammadu Buhari sworn in as the president of Nigeria for the second term

    May 30, 2019
    Muhammadu Buhari sworn in for a second term as Nigeria's president. He is a former military ruler, won 56 percent of the votes to defeat his main challenger, former Vice President Atiku Abubakar of the Peoples' Democratic Party (PDP) in the February election. According to Transparency International's 2018 Corruption Perceptions Index, Nigeria failed to improve its ranking of 144th out of 180 countries from the previous year, despite a number of positive steps. Buhari is the... Read More


    RBI set up task force for secondary market in corporate loans

    May 30, 2019
    The Reserve Bank of India (RBI) constituted a task force to suggest policy and regulatory interventions required for the development of a secondary market in corporate loans, including loan transaction platform for stressed assets. The six-member body, headed by Canara Bank chairman T. N. Manoharan, has been set up to review the existing state of the market for loan sale/transfer in India as well as international experience in loan trading. Role of the task force: The task force will... Read More
    Category: Banking & Finance


    Saudi Arabia lifts export ban on fruits and vegetable from Kerala

    May 30, 2019
    Saudi Arabia lifted export ban on fruits and vegetables from Kerala.
    In June 2018, the ban was imposed due to the outbreak of Nipah virus.
    Saudi Arabian authorities had communicated this information to the state in the second week of May and it has led to the commencement of direct exports from the 3 airports.
    Kozhikode airport exports 20 tonnes of fruits and vegetables per day worth $50,000 to various destinations in Saudi.
    Other 2 airports of Kochi and Thiruvananthapuram... Read More
    Category: Business & Economy


    Walmart Appoints Suresh Kumar as Chief Technology Officer

    May 30, 2019
    US-based retail chain Walmart appointed Suresh Kumar, an IIT Madras graduate, and former Google executive, as chief technology officer and chief development officer. The appointment comes at a time when Walmart is transforming its customer and associate experiences. He has 25 years of technology leadership experience, coming from Google, Microsoft, Amazon, and IBM. He has a unique understanding of the intersection of technology and retail, including supply chain, and has deep experience in... Read More
    Category: Business & Economy


    India moves up to 43rd in competitiveness; Singapore tops chart

    May 30, 2019
    India secured 43rd rank in the most competitive economy across the world and Singapore topped the chart by toppling the US from the first position and Hong Kong SAR ranked 2nd place as same as last year. The US ranked 3rd in the ranking. Switzerland ranked 4th in the ranking. UAE first time entered into the top 5 rankings. Last year in 2018 UAE ranked 7th. Venezuela ranked last in the rankings due to high inflation, poor access to credit and a weak economy. The improvement of India's... Read More
    Category: Indian Affairs




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