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Top Current Affairs of the day: 07 May 2018

Last Updated: May 7, 2018

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  • Reserve Bank of India Announced Rs Crore Bond Purchases

    May 7, 2018
    The Reserve Bank of India (RBI) announced that it would buy Rs. 10,000 crore ($1.50 billion) of government bonds via open market operation (OMO), after failing to sell all the debt it had offered to bidders. The 10-year government bond yield rose to 7.75% from 7.74% before the auction result was announced. The eligible participants should submit their offers in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system.

    India and Sri Lanka Agree On Information Exchange For Drug Control

    May 7, 2018
    India and Sri Lanka agreed on cooperation on exchange of information and other aspects to tackle smuggling of drugs in both countries. A decision to this effect was taken at the third bilateral meeting between delegations from India's Narcotics Control Bureau (NCB) and Sri Lanka's Police Narcotics Bureau (PNB) on narcotics, drugs and psychotropic substances and related matters in New Delhi.
    Category: Indian Affairs

    Skill India Organized Ajeevika And Kaushal Vikas Mela In Bhubaneswar

    May 7, 2018
    Ministry of Skill Development and Entrepreneurship (MSDE) and Ministry of Rural Development (MoRD), together joined hands to amplify the “Gram Swaraj Abhiyaan” of the current incumbent government which is promoting social harmony and awareness around the pro-poor initiatives of the government. MSDE organized a Kaushal and Rojgar Mela at New Women’s College in Bhubaneswar, Odisha, where more than 5000 people from different walks of life participated.   More than 29... Read More
    Category: Indian Affairs

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    Social Justice Ministry Organised Cochlear Implant Awareness Programme

    May 7, 2018
    The Department of Empowerment of Persons with Disabilities (DEPwD) under Union Ministry of Social Justice and Empowerment organized a ‘Cochlear Implant Awareness Programme’ at Huda Convention Centre in Faridabad, Haryana. The Minister of State for Social Justice & Empowerment, Krishan Pal Gurjar was the Chief Guest in the programme. Under the Assistance to Disabled persons (ADIP) scheme of the DEPwD, there is a provision for Cochlear Implant surgeries of hearing impaired... Read More
    Category: Schemes

    Third South Asian Junior Athletics Championships India Tops With Medals

    May 7, 2018
    India finished on top in the 7-nation 3rd South Asian Junior Athletics Championships in Colombo, Sri Lanka on the final day. India ended with 20 gold, 22 silver and 8 bronze medals (Total 50 Medals).
    Sri Lanka bagged rest of the 12 gold medals in the competition along with 10 silver and 19 bronze. Pakistan won one silver and a bronze to settle for the third place. The juniors will next represent India at the 18th Asian Junior Athletics Championships to be held in Gifu, Japan in June... Read More

    Vice President Venkaiah Naidu Nation Visit Arrives In Guatemala On st Leg

    May 7, 2018
    Vice President M Venkaiah Naidu arrived in Guatemala on the first leg of his three-nation tour to Latin America. During his stay in Guatemala city, Mr. Naidu will meet the leadership of the nation, with various MoUs expected to be signed. The discussions will focus on exploring mutual areas of cooperation and formalizing various MoUs in the fields of protection of wildlife, human resource training, education and exchanges between training institutes.

    NITI Aayog ink SoI with IBM to develop Precision Agriculture using Artificial Intelligence

    May 7, 2018
    NITI Aayog signed a statement of Intent with IBM to develop crop yield production using Artificial Intelligence to provide real-time advisory to farmers in Aspirational districts. The main aim is to work together towards the use of technology to provide insights to farmers to improve soil yield, crop productivity, control agricultural inputs. The first phase mainly depends on developing a model for 10 districts of Maharashtra, Rajasthan, Assam, Madhya Pradesh, Bihar, Jharkhand,... Read More
    Category: Indian Affairs

    India s Projected Growth Rate For The Current Fiscal ADB

    May 7, 2018
    Asian Development Bank Chief Economist Yasuyuki Sawada stated India's projected GDP growth of over 7 percent for the current fiscal (2018-19) is amazingly fast and if this momentum is maintained the size of the economy can double within a decade.
    According to ADB, India should not worry about not achieving 8 percent growth but focus on increasing domestic demand by reducing the income inequality.
    Category: Indian Affairs



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