PM Modi to address
valedictory session of Vichar Mahakumbh
·
Prime Minister
Narendra Modi will address the valedictory session of the three-day
event of the International Vichar Mahakumbh, which would conclude on May 14
at Ujjain in Madhya Pradesh.
·
Sri Lankan
President Maithripala Sirisena will be the guest of honour.
New IPR policy
retains access to cheap drugs
·
The NDA government
announced the long-pending, “all-encompassing” National Intellectual
Property Rights (IPR) Policy.
·
The Policy, to be
reviewed every five years, aims to push IPRs as a marketable financial asset,
promote innovation and entrepreneurship, while protecting public interest
including ensuring the availability of essential and life-saving drugs at
affordable prices.
Dial-100 emergency
service set to be launched in UP in October
·
The ‘Dial-100’ is
set to be launched across Uttar Pradesh on October 2, officials
said.
·
Chief
Minister Akhilesh Yadav along
with state government advisor Venkat Changavilli reviewed the
progress made so far in the project.
·
He himself would
launch the service in Lucknow, Agra, Kanpur, Jhansi and Ghaziabad.
UN Backs Summit to Fight
Boko Haram across Africa – Security Council
·
The UN has given its
support to a regional security summit among four sub-Saharan nations of Nigeria,
Niger, Chad and Cameroon this weekend to strengthen the fight against
the Islamist group Boko Haram.
·
The Security Council
statement unanimously condemns all terrorist attacks, abuses of human rights
and violations of international humanitarian law by Boko Haram in
the Lake Chad Basin region.
US House Passes
Comprehensive Bill on Painkiller Addiction
·
The U.S. House of
Representatives has passed a comprehensive bill on opioid abuse, a group
of 18 measures designed to combat the nation’s epidemic of addiction to
painkillers.
China’s industrial
output up 6% year-on-year in April
China’s industrial output rose 6.0%
year-on-year in April, the government said, moderating from the
previous month, raising questions over the strength of a rebound in the world’s
second-largest economy.
China President
|
Xi Jinping
|
China Prime Minister
|
Li Keqiang
|
China Capital
|
Beijing
|
China Currency
|
Renminbi
|
Six PSU banks report
Rs 7k crore loss as defaults mount
·
Nearly Rs
7,000 crore of fourth quarter losses reported by six public sector
banks showed that the bad loan problem for banks is far from over.
·
The biggest surprise
was the Rs 3230 crore loss reported by Bank of Baroda.
·
Union Bank of India
was the only bank which made a profit of Rs 97 crore in the
fourth quarter was the only PSU bank to avoid a loss.
·
All other lenders
Central Bank, UCO Bank, Allahabad Bank and Dena Bank reported losses.
SEBI to tighten KYC,
transfer norms for P-Notes
·
Acting upon
recommendations of the Special Investigation Team (SIT) on
black money, market watchdog SEBI plans to tighten due diligence requirements
for issuance and transfer of controversy-ridden P-Notes and put the onus on
investors to ensure compliance with anti-money laundering law.
SEBI: Security Exchange Board of India
SEBI Chairperson: Upendra Kumar Sinha
SEBI Headquarters : Mumbai, Maharashtra
Pfizer Inc takes
steps to block its drugs from use in lethal injections
·
Pfizer
Inc has taken steps
to ensure that none of its products are used in lethal injections, the largest
US drugmaker said.
·
The move shuts off the
last remaining open market source of drugs used in executions, following
similar actions by more than 20 U.S. and European drugmakers, according to a
report in the New York Times.
Material from Earth’s
formative years discovered
·
Scientists have found
material in rock formations that dates back to shortly after the Earth formed,
a discovery that may help understand the processes that shaped our planet over
the last 4.5 billion years.
·
Rare blue galaxy may
shed new light on Big Bang
·
Astronomers have
discovered a faint blue galaxy about 30 mn light-years from Earth that
could shed new light on conditions at the birth of the universe.
·
The galaxy nicknamed Leoncino,
or “little lion”, located in the constellation Leo Minor, contains the
lowest level of heavy chemical elements, or “metals” ever observed in a
gravitationally bound system of stars.
Apple invests $1bn in
Uber’s rival
·
Apple
is investing $1 billion in
Didi, giving the Chinese ride-hailing startup a powerful ally and dealing a
blow to Uber Technologies as it tries to build its business in
the country.
·
The iPhone maker will
help Didi build up a ride-sharing platform that handles more than 11 mn
rides a day and serves about 300 mn users across
China.
Apple CEO: Tim Cook
Apple Headquarters: Cupertino, California,
United States
Gianni Infantino
names Fatma Samoura as Fifa’s first female secretary general
·
Fifa’s new president, Gianni
Infantino, has appointed the first female secretary general in
the organisation’s chequered history as he battles to restore its battered
reputation.
·
Infantino said Fatma
Samoura, a Senegalese UN official with no previous experience in sport, would
bring a “fresh wind” as its most senior executive as he attempts to convince
the world that Fifa is capable of reform.
Rahul Dravid made
member of ICC Cricket Committee
·
Former India captain Anil
Kumble was re-appointed ICC Cricket Committee chairman for a 2ndterm
of three years while his former team-mate and batting great Rahul
Dravid was named member of the top panel.
Anil Kumble
·
Kumble, the all-time
highest wicket-taker for India, was appointed as the chairman for his first
term in 2012 and will now continue to head the panel until 2018.
Vijender Singh
Registers His 6th Consecutive Victory in Super Middleweight
·
Indian boxing star Vijender
Singh registered his sixth successive knockout
victory by out-punching Andrzej Soldra of Poland in a Super
Middleweight contest at Boltan in UK.
BCCI calls SGM to
elect new president on May 22
·
The BCCI has called
for a Special General Meeting on May 22 in Mumbai to elect its
new president following the resignation of Shashank Manohar.
BCCI President: Shashank Manohar
BCCI Secretary: Anurag Thakur
BCCI Headquarters: Mumbai
Nirankari
spiritual leader Baba Hardev Singh dies in road accident in Canada
·
Indian spiritual
leader Baba Hardev Singh, current leader of the Sant Nirankari
Mission, passed away. He was 62.
World’s
oldest person, 116, dies in New York City
·
The world’s oldest
living person, 116-year-old Susannah Mushatt Jones, died in
New York City.
·
Jones, who was born in
the southern US state of Alabama in 1899, was the daughter of sharecroppers and
granddaughter of slaves.
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