Recommend: Times of India
# North Korea to rejoin South’s time zone
North Korean leader Kim Jong Un will move country’s clocks 30 mins forward to unify with South’s time zone.The 2 countries on divided peninsula had different time zones since 2015 when North changed its standard time to 30 mins behind the South.North will move to the time zone used before Japan’s 1910-45 colonial rule of peninsula to mark the 70th anniversary of its liberation from Tokyo.
# International Buddhist meet begins in Lumbini
The International Buddhist Conference got underway in Lumbini, the birthplace of Lord Buddha.The conference aims to disseminate teachings of Buddha and spread the messages of nonviolence, brotherhood, co-existence, love and peace to the international community.Representatives from 16 countries including U.S., Japan, India, China, Indonesia and Sri Lanka will attend the conference.
# Pompeo sworn in as new US secretary of state
Former CIA Director Mike Pompeo has been sworn in as the 70th US secretary of state after the Senate voted to confirm him, 57-42.Mike Pompeo replaces President Donald Trump’s first Secretary of State Rex Tillerson.His confirmation creates a vacancy atop the CIA that will be filled, at least for now, by Gina Haspel, the intelligence agency’s No. 2 official.
# Every village now has access to electricity
According to the government data, all of India’s 597,464 census villages now have access to electricity.The last village to be brought on the national power grid was Leisang village in the Senapati district of Manipur.Prime Minister Modi in his Independence Day speech on 15 August 2015 promised to electrify all un-electrified villages within 1000 days.
# Saudi Aramco appoints the first woman to the board
Saudi Arabia’s Aramco, the world’s top oil company has appointed its first female board member among five new members to its board of directors.Lynn Laverty Elsenhans, the former chairwoman, president and CEO of U.S. oil refiner Sunoco is the first female board member of Aramco.Elsenhans was named by Forbes as one of the world’s most powerful women in 2008.
# Sumit, Nikhat strike gold at Belgrade Boxing
Sumit Sangwan and Nikhat Zareen were among the three gold-medallists in India’s stupendous campaign at the 56th Belgrade International Boxing Tournament in Serbia.Also claiming a gold was Himanshu Sharma, who defeated Algeria’s Mohammed Touareg 5-0 in his final bout.India ended the tournament with three gold, five silver and five bronze medals in all.
# NHAI inked pact with Macquarie
National Highways Authority of India has entered into a pact with Macquarie for road projects under highway monetization drive.Funds generated from monetization of highways will be used for infrastructure programmes like Bharatmala, a 7 lakh crore road building imitative.Agreement worth $1.5 billion signed with Macquarie for 1st set of highway projects is one of the highest FDI in Highways
# Budgam shortlisted for Modi’s excellence award
Jammu and Kashmir’s Budgam district has been shortlisted for PM Modi’s excellence award for promoting digital payments and cashless economy.Digital payments facility has been installed at 670 places across the district so far.In order to ensure successful implementation of the digital payments, the district administration has trained hundreds of local residents at Common Services Centers.
# All protected areas declared plastic free zone
The environment ministry has banned plastics in all protected areas around the country, thus declaring them “plastic free zones”.The environment ministry has directed states and Union territories to organize awareness campaigns to sensitize people about the issue.This comes ahead of the World Environment Day which is being hosted by India this year.
# India to grow at 7.5% in 2018-19
According to a Deutsche Bank report, the Indian economy is likely to clock a GDP growth of 7.5% this financial year.The report noted that higher global oil prices, risk of an earlier than anticipated rate hike cycle from RBI are some of the factors that pose downside risk to its baseline GDP estimate.According to the report, a $10 increase in oil prices can shave off growth by about 10 bps
# AAI inked MoU with Civil Aviation Ministry
The Airports Authority of India has signed its Annual Performance Contract for the year 2018-19 with Ministry of Civil Aviation.The MoU specifies various parameters and targets to be performed by AAI during the year.The parameters and targets include all the major areas of AAI i.e. finance, capacity utilization, research and development, project implementation, HR and cargo etc.
# India won South Asian U-12 Tennis Championship
India has won the South Asian Under-12 Qualifying Tennis Tournament, defeating host Nepal in the finals.Indian girls and boys team defeated their Nepali opponents in the final by 2-0.Now both the Indian teams will participate in ITF Asian 12 and Under Team Championship to be played in Kazakhstan later this year.
# First-ever Mock Exercise on Bio-Disasters
National Disaster Management Authority conducted its first-ever Mock Exercise on Bio-Disasters at Lok Nayak Jayaprakash Airport in Patna.The exercise aimed at enhancing the preparedness of Airport Emergency Handlers to respond to CBRN emergencies at the airports.NDMA jointly with NDRF also conducted its first-ever full-scale Biological Management Emergency Exercise.
# World Day for Safety and Health at Work
The World Day for Safety and Health at Work is an annual international campaign to promote safe, healthy and decent work.It is held on 28 April and has been observed by the International Labour Organization (ILO) since 2003.The theme for World Day for Safety and Health at Work 2018 is: Occupational safety health (OSH) vulnerability of young workers.
# India’s longest serving chief minister
Pawan Chamling has created history by surpassing the record of former communist ruler of West Bengal, Jyoti Basu, as the longest serving chief minister in the country.Chamling became the chief minister of Sikkim on December 12, 1994, and has ruled the tiny Himalayan state ever since.Chamling joined politics in 1973, and was elected to the Sikkim assembly for the first time in 1985.
# Most trusted Internet brand in India
According to the TRA Brand Trust Report 2018, With 1.2 trillion searches per year Google is the most trusted Internet brand in India, followed by Facebook.E-commerce major Amazon, which had been ranking second since 2015, slipped to third position while e-Bay ranked fourth.The biggest falls in trust were seen by Snapdeal, who fell by 142 ranks over last year, Hike and Myntra.
# Paytm introduced ‘Tap Card’
Paytm has announced the launch of its offline payments solution – the Paytm Tap Card.The card uses Near Field Communication (NFC) technology to enable safe and convenient digital payments, completely offline at Paytm-issued, NFC PoS terminals.Tap Card has been launched to provide seamless payments solutions for non-internet customers.
# ICC scraped 50-over Champions Trophy
International Cricket Council has decided to convert the 2021 Champions Trophy, scheduled in India, into a World T20 event.Champions Trophy was the second-biggest 50-overs tournament after the World Cup. The number of teams competing varied over the years.This means that there would now be two ICC World T20 events in 2 years — the 2020 edition in Australia and the 2021 edition in India.
# Expert panel to probe Film Archive issues
The I&B ministry has constituted a 5 member expert committee to look into the condition of films as well as the storage vaults at the National Film Archive of India (NFAI).The committee will also suggest ways and means to preserve the films in a better manner.The committee comprises filmmakers Shaji N Karun, Ketan Mehta, Piyush Shah and former NFAI director K S Sasidharan.
# RBI liberalized ECB norms
RBI has further liberalized norms for external commercial borrowing that will allow Indian companies to access cheaper funds from overseas markets.According to new norms, RBI has stipulated a uniform all in cost ceiling of 450 bps over benchmark rate.RBI also decided to increase the ECB Liability to Equity Ratio for ECB raised from direct foreign equity holder under automatic route to 7:1.