Current Affairs Today 30th May 2020-Download in PDF

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Current Affairs Today – 30th May 2020

NEWS AT A GLANCE

1. World Menstrual Hygiene (MH) Day is celebrated every year on May 28 to highlight the importance of menstrual health & to change the social stigma associated with menstruation.
2. International Everest Day is being observed on 29th May. Nepalese Tenzing Norgay and New Zealand’s Edmund Hillary had climbed the Mt. Everest on this day (29th May) in 1953, as the first humans to achieve the feat.
3. Every year, on May 31, World No Tobacco Day is being marked by the World Health Organization.
4. Amazon is offering full-time jobs to 125,000 of 175,000 temporary workers it hired since March to deal with the COVID-19 rush, if employees would like to stay at Amazon long term.
5. A massive contraction in manufacturing and construction activities pulled India’s GDP growth rate down to 3.1 per cent in the last quarter of 2019-20 from Q3’s 4.1 per cent and 5.7 per cent rise reported for the like period of the previous fiscal.
6. The Ministry of Labour and Employment is to provide Career Skills Training under its National Career Service Project in partnership with TCS.
7. Uttarakhand chief minister, Trivendra Singh Rawat has inaugurated the “Mukhyamantri Swarozgar Yojana” for returnee migrants.
8. Madhya Pradesh Government launched Rojgar Setu Yojana to help migrant workers
9. In Tamil Nadu, the State Government has announced a 300-crore rupee special financial package to accelerate new job generation in villages.
10. The West Bengal Government has decided to give one thousand 500 rupees each to the 20 lakhs farmers who have been affected due to recent cyclonic Storm AMPHEN in the State
11. In West Bengal all Government and Private offices will re-open with 100 percent work force from 8^th
12. The Maharashtra government today hiked the salaries of medical officers, both contractual and those who have signed bond with the government by fifteen thousand rupees.
13. Centre has approved 445 crore rupees for implementation of Jal Jeevan Mission in Chhattisgarh during 2020-21.
14. United States President Donald Trump has announced that America is terminating its relationship with World Health Organization over its handling of the Corona virus.
15. The IMF Executive Board on Friday approved an emergency financial assistance worth dollar 732 million for Bangladesh to address the COVID-19 pandemic in the country.
16. The meeting of the Heads of Tax Authorities of the BRICS countries, namely Brazil, Russia, India, China and South Africa was held yesterday.
17. Ministry of Tourism organized its 25th webinar titled ‘Northeast India for the immersive traveller’ under Dekho Apna Desh Series, on Thursday.
18. India and Sri Lanka have reaffirmed commitment to further strengthen bilateral relations exploring new avenues of cooperation.
19. IIT Alumni Council announced that it will partner Mumbai University in the MegaLab Mumbai initiative that will have a capacity of 10 million tests per month.
20. Infosys Limited, a global leader in next-generation digital services and consulting, has entered into the partnership with Avaloq, a Swiss company that develops and provides software for core banking, to offer end-to-end (e2e) products and services as Software-as-a-Service (SaaS) across the world to its clients.
21. The Ministry of Youth Affairs and Sports has extended the tenure of Sandip Pradhan as Director General of the Sports Authority of India (SAI) by two years.
22. Venkataramani Sumantran has been appointed the independent director of airline company IndiGo.
23. IT service major Wipro Limited on Friday announced the appointment of financial services professional Deepak M Satwalekar to its Board of Directors for five years effective July 1.
24. India’s long-distance runner, Kiranjeet Kaur has been handed a four-year ban by World Athletics’ anti-doping body for testing positive for a banned substance (Enobosarm).
25. Scientists from Institute of Advanced Study in Science and Technology (IASST) an autonomous institute of the Department of Science & Technology,Govt. of India have developed a pH-responsive smart bandage that can deliver the medicine applied in the wound at the pH that is suitable for the wound.
26. Rajya Sabha (RS) MP from Kerala and Loktantrik Janata Dal (LJD) Leader, writer and journalist, M.P. Veerendra Kumar passed away.
27. Renowned astrologer, Bejan Daruwalla passed away
28. Veteran lyricist Yogesh Gaur passed away

NEWS IN DETAILS

IMPORTANT DAYS AND THEMES

World Menstrual Hygiene Day 2020 observed on 28^th May

• World Menstrual Hygiene (MH) Day is celebrated every year on May 28 to highlight the importance of menstrual health & to change the social stigma associated with menstruation.
• The day is a global platform that brings together the voices & actions of non-profits, government agencies, the private sector, the media and individuals to promote Menstrual Hygiene Management (MHM) for all women and girls.

Theme:

• Theme of MH day, 2020: ‘’Periods in Pandemic – it is time to take action!”

Objective:

• To emphasize the importance of continuing menstrual hygiene awareness and support for women and girls during COVID-19, especially for those living in poverty, the internally displaced, refugees, and those in quarantine and transit centers.
• The day recognises that periods do not stop for pandemics in light of the coronavirus crisis, using the hashtag #PeriodsInPandemics(twitter)

International Everest Day observed on 29^th May

• International Everest Day is being observed on 29th May. Nepalese Tenzing Norgay and New Zealand’s Edmund Hillary had climbed the Mt. Everest on this day (29th May) in 1953, as the first humans to achieve the feat.
• Nepal decided to observe the day as International Everest Day since 2008 when the legendary climber Hillary passed away.
• Everest Day on May 29 every year in memory of the first summit of Mt. Everest by Sir Edmund Hillary and Tenzing Norgay Sherpa on the day in 1953.
• The day is celebrated with memorial events, processions, and special events in Kathmandu and the Everest region.

World No Tobacco Day observed on 31^st May

• Every year, on May 31, World No Tobacco Day is being marked by the World Health Organization.
• The day creates awareness about the dangers of using tobacco.
• The World No Tobacco Day initiative was adopted in 1987 by the WHO.
• The day also draws attention to more than 8 million deaths that occurs due to Tobacco.

Theme:

• Theme for 2020: Protecting Youth
• The theme focuses to protect youth from industry manipulation an preventing them from nicotine and tobacco use.

Extra Shots:

WHO:

• Heads: Tedros Adhanom, Soumya Swaminathan, Jane Ellison, Peter Salama Trending
• Headquarters: Geneva, Switzerland
• Founded: 7 April 1948
• Parent organization: United Nations Economic and Social Council

BUSINESS & ECONOMY

Amazon offers 125,000 full-time jobs to temporary employees to deal with COVID-19 rush

• Amazon is offering full-time jobs to 125,000 of 175,000 temporary workers it hired since March to deal with the COVID-19 rush, if employees would like to stay at Amazon long term.
• According to the company, the rest of 50,000 workers may choose to return to their previous job or stay at Amazon in seasonal or part-time roles.
• Amazon pays at least USD 15 an hour to its 600,000-strong workforce.
• In March, the ecommerce giant announced the hiring of 175,000 roles across its operations network to help provide for the communities and keep as many people as possible working during the COVID-19 pandemic.

Extra Shots:

Amazon:

• CEO: Jeff Bezos
• Founder: Jeff Bezos
• Founded: 5 July 1994, Bellevue, Washington, United States
• Headquarters: Seattle, Washington, United States

India’s GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

• A massive contraction in manufacturing and construction activities pulled India’s GDP growth rate down to 3.1 per cent in the last quarter of 2019-20 from Q3’s 4.1 per cent and 5.7 per cent rise reported for the like period of the previous fiscal.
• Consequently, India’s FY20 GDP declined to 4.2 per cent from 6.1 per cent in FY19. On a sequential basis, the quarterly growth rate has progressively come down from 5.2 per cent in Q1 of 2019-20 to 4.4 per cent in Q2 and 4.1 per cent in Q3.

NATIONAL CURRENT AFFAIRS

Free Online Career Skills Training under National Career Service Project

• The Ministry of Labour and Employment is to provide Career Skills Training under its National Career Service Project in partnership with TCS.

Highlights:

• The National Career Service Project will provide employment related services to career counselling, job matching, vocational guidance, job matching, vocational guidance, job search, information on skill development courses, etc.
• Around 1000 employment exchanges are integrated with NCS.
• This includes 200 model career centres as well. Currently, a new link for work from home has also been added.
• The NCS also offers functions to create video profiles of job seekers.
• This platform helps the job seekers to showcase their ability through short videos.

Extra Shots:

TCS:

• CEO: Rajesh Gopinathan
• Founded: 1 April 1968
• Headquarters: Mumbai
• Founders: Faquir Chand Kohli, Tata Sons, J. R. D. Tata

STATE CURRENT AFFAIRS

Uttarakhand govt starts “Mukhyamantri Swarozgar Yojana” for returnee migrants

• Uttarakhand chief minister, Trivendra Singh Rawat has inaugurated the “Mukhyamantri Swarozgar Yojana” for returnee migrants.

Aim:

• The project aims at giving self-employment opportunities to youth and a boost to reverse migration, especially entrepreneurs returning to Uttarakhand and encourage skilled and unskilled artisans, handicrafts and unemployed youths to start their own business.

Highlights of the Scheme:

• The scheme will offer credit facility through nationalised banks, scheduled commercial banks and cooperative banks.
• Mukhyamantri Swarozgar Yojana is self-employment opportunities to youth and a boost to reverse migration, especially entrepreneurs returning to Uttarakhand and encourage skilled and unskilled artisans, handicrafts and unemployed youths to start their own business.
• Information about this scheme should be conveyed to every village so that the youth can avail of this scheme.
• This scheme should be widely publicised through public representatives and district level officers so that the maximum number of villagers can take advantage of it.
• Under this scheme, the district magistrate should coordinate with the bankers so that the beneficiaries do not have any problem in taking a loan.
• The migrants who apply under this programme will get quick approval from the authorities concerned and their applications will be forwarded to banks with immediate subsidy which will be 25% in the hill districts and 15% in the plain districts.
• A person needs to be at least 18 years of age to be able to apply under the scheme.
• The applicant or his family member will be benefited only once under the scheme.

Extra Shots:

Uttarkhand

• Capital- Dehradun
• Governor- Baby Rani maurya
• CM-Trivendra Singh Rawat
• National Park -Jim Corbett NP, Gangotri NP, Nanda Devi NP, Rajaji NP

Rozgar Setu Scheme launched by Madhya Pradesh for skilled workers

• Madhya Pradesh Government launched Rojgar Setu Yojana to help migrant workers.
• The scheme provides employment to the migrant workers.

Highlights of the Scheme:

• The Rozgar Setu scheme will provide employment to migrant workers that have returned to their homes.
• The scheme is to conduct a complete survey on population of the state.
• Under the ‘Rozgar Setu’ scheme, survey work of skilled migrant labourers has been started in every Gram Panchayat.
• The skills and other related information of migrant labourers are being compiled during the survey.
• On the other hand, information is being sought from industries, factories and other employment providers about their need.
• Rozgar Setu will be a reliable means of providing work to the labourers according to their skills. Also, skilled labourers will get employment easily in industries, construction works and other activities.
• Along with the scheme, the Madhya Pradesh State Government is planning to implement Svamitva Scheme.
• The Swamitva scheme was launched by PM Modi during Panchayati Raj Day in 2020.

Svamitva Scheme

• The Svamitva Scheme was launched to map rural lands that are inhabited.
• The mapping is to be done using drones. Svamitva is Survey of Villages and Mapping with Improvised Technology in Village Areas. The scheme will help to provide integrated validation solution. The scheme will also help in revenue collection in rural areas. The programme is currently being implemented in Karnataka, Haryana, Maharashtra, Madhya Pradesh, Uttarakhand and Uttar Pradesh.

Extra Shots:

Madhya Pradesh:

• Capital: Bhopal
• Chief Minister: Kamal Nath
• Governor: Lalji Tandon
• National Park: Bandhavgarh NP, Fossil NP, Kanha NP, Madhav NP, Panna NP, Pench NP, Sanjay NP, Satpura NP

Tamil Nadu govt announces Rs 300 cr special package to accelerate new job generation in villages

• In Tamil Nadu, the State Government has announced a 300-crore rupee special financial package to accelerate new job generation in villages.
• It will be rolled out in the nearly 4,000 Panchayats.
• The scheme involves giving credit for rural entrepreneurs, capital grant for various rural producers’ organizations and rural industrial clusters.
• Over 5,000 returnees from other states will be given a long term loan of one lakh rupees each to start new micro ventures.

Extra Shots:

Tamilnadu

• Capital: Chennai
• Chief Minister: Edappadi K.Palanisamy
• Governor: Banwarilal Purohit
• Chief Justice of Madras High Court: Vijaya Kamlesh Tahilramani
• National Park: Guindy NP,Gulf of Mannar Marine NP, Indira Gandhi (Annamalai) NP,       Mudumalai NP, Mukurthi NP.

West Bengal govt releases Rs. 6,250 cr for post Amphan relief, restoration work

• The West Bengal Government has decided to give one thousand 500 rupees each to the 20 lakhs farmers who have been affected due to recent cyclonic Storm AMPHEN in the State
• 20 thousand rupees each will be given for repairing of 5 lakhs damaged houses in first phase and another 5 lakhs in next phase.
• Besides 28 thousands rupees will be given to the beneficiaries  from  their wages of 100 days work announced 5 thousands rupees each compensations to 1 lakh pan boroj. Benefits of these have been transferred to the bank accounts of affected people in nine cyclone hit districts.
• The State Government has released 6 thousands 250 crore rupees for post Amphan relief and restoration work

Extra Shots:

West Bengal:

• Established on: 26 January 1950
• Capital: Kolkata
• Governor: Jagdeep Dhankhar
• Chief Minister: Mamata Banerjee

West Bengal has announced to re-open  all govt, private offices to with 100 percent work force from 8^th June

• In West Bengal all Government and Private offices will re-open with 100 percent work force from 8^th
• Tea gardens and Jute mills will also work with full working strength from 1^st
• Temple, Mosque and Gurudwara will also open from 1st of June this year. Religious establishments have to maintain the norms of social distancing and not more than 10 devotees will be allowed to enter there and no religious assembly will be permitted
• Educational institutions will remain closed till 30th of next month.
• All shops including Hawkers shops will be opened soon. Passengers will be allowed to travel in Government and Private buses by sitting only.

Extra Shots:

West Bengal:

• Established on: 26 January 1950
• Capital: Kolkata
• Governor: Jagdeep Dhankhar
• Chief Minister: Mamata Banerjee

Maharashtra govt hikes salaries of medical officers

• The Maharashtra government today hiked the salaries of medical officers, both contractual and those who have signed bond with the government by fifteen thousand rupees.
• The decision will benefit doctors who are working in tribal areas of the state.
• The Maharashtra government’s decision to hike salaries of medical officers working in tribal belts of the state will act as a morale booster to the doctors who are at the frontline of the COVID-19 pandemic.
• As per the decision taken today, the doctors who have signed bond and are working in tribal areas will get 75 thousand rupees as against 60 thousand rupees which they currently draw.
• The specialist doctors will get 85 thousand rupees as against the present 70 thousand rupees.
• Whereas, the MBBS doctors in other areas of the state will get 70 thousand rupees as against 55 thousand which is being disbursed to them, at present.
• The specialist doctors in other regions of the state will however, get 80 thousand rupees as against 65 thousand rupees to their present pay scale.

Extra Shots:

Maharashtra:

• Capital: Mumbai
• Chief Minister: Uddhav Thackeray
• Governor: Bhagat Singh Koshyari
• National Parks: Chandoli National Park, Nawegaon National Park, Gugamal National Park, Pench National Park, Sanjay Gandhi (Borivilli) National Park, Tadoba National Park
• Wildlife Sanctuaries: Amba Barwa WLS, Bor WLS, Great Indian Bustard WLS,
• Lonar WLS, Melghat WLS, Gangewadi New Great Indian Bustard WLS, etc.

Centre approves Rs. 445 cr for implementation of Jal Jeevan Mission in Chhattisgarh

• Centre has approved 445 crore rupees for implementation of Jal Jeevan Mission in Chhattisgarh during 2020-21.
• The aim of the mission is to provide adequate potable drinking water of prescribed quality on regular and long-term basis to every rural household of the country by the 2024.
• Jal Shakti Ministry said, a budget of three lakh 60 thousand Crore rupees has been allocated for this scheme.
• Chhattisgarh has planned to have 100 Per cent Functional Tap Water Connection by 2023-24. Out of 45 lakh households in the State, it has planned to provide tap connections to 20 lakh households.

Extra Shots:

Chhattisgarh:

• Capital: Raipur
• Chief Minister: Bhupesh Baghel
• Governor: Anusuiya Uikey
• National Park: Indravati (Kutru) National Park, Kanger Valley National Park, Guru Ghasi Das (Sanjay) National Park

INTERNATIONAL CURRENT AFFAIRS

Donald Trump announces America is terminating its relationship with WHO over its handling of Corona virus

• United States President Donald Trump has announced that America is terminating its relationship with World Health Organization over its handling of the Corona virus.
• He blamed WHO and China for the deaths and destruction caused by the COVID-19 pandemic across the globe.
• United States will be terminating its relationship with WHO forthwith and redirecting those funds to other worldwide and deserving, urgent global public health needs.
• The US will end special treatment of Hong Kong in response to Chinese imposition of new controls. US will revise its travel advisory to warn of surveillance in Hong Kong

Extra Shots:

WHO:

• Heads: Tedros Adhanom, Soumya Swaminathan, Jane Ellison, Peter Salama Trending
• Headquarters: Geneva, Switzerland
• Founded: 7 April 1948
• Parent organization: United Nations Economic and Social Council

USA (Capital/Currency): Washington, D.C./ United States Dollar

• President: Donald Trump
• Official languages: English

IMF approves 732 million emergency assistance to Bangladesh for COVID-19

• The IMF Executive Board on Friday approved an emergency financial assistance worth dollar 732 million for Bangladesh to address the COVID-19 pandemic in the country.

Highlight:

• The assistance has been approved for Bangladesh to meet its urgent Balance of payment and fiscal needs as Corona pandemic has led to sharp decline in its exports and income from remittances.
• The assistance is provided under the Rapid Credit Facility and Rapid Financing Instrument provisions of the IMF.
• The money will help Bangladesh to meet its health, social protection and macro-stabilization measures.
• The assistance will help the government of Bangladesh to cover the financing gap and support its efforts to contain the adverse impact of the Corona outbreak in the country. mobilization of tax revenue, addressing the issue of Non-Performing Assets (NPAs) of the banks, infrastructure and governance remain key challenges for Bangladesh to enhance business environment and attract FDI.
• This is the largest amount of loan assistance for Bangladesh to deal with the Covid-19 fallout. Earlier ADB provided 500 million assistance to Bangladesh to deal with the Corona pandemic.

Extra Shots:

International Monetary Fund (IMF):

• Formed on: 27 December 1945
• Headquarters: Washington, D.C., The US
• Managing Director: Kristalina Georgieva
• Chief Economist: Gita Gopinath
• Membership: 189 countries
• Official language: English

SUMMITS AND CONFERENCES

Meeting of BRICS Heads of Tax Authorities held on May 29

• The meeting of the Heads of Tax Authorities of the BRICS countries, namely Brazil, Russia, India, China and South Africa was held yesterday.
• The meeting was hosted by the Federal Tax Service of Russia, which currently holds the BRICS Presidency, to discuss the response of BRICS Tax Authorities to the COVID-19 pandemic and to explore potential areas of cooperation in tax matters.
• The meeting was scheduled to be held in Moscow, but was held through video conference in view of COVID-19.
• Finance Secretary Ajay Bhushan Pandey represented India at the meeting.
• During the meeting, Dr Pandey shared with other BRICS nations, various measures taken by India to mitigate the effect of the pandemic on the taxpayers.
• He also urged the BRICS nations to share COVID-19 related tax measures taken by their tax administrations to enhance their understanding of the fiscal and economic impact of the pandemic.
• The BRICS countries to agree for wider sharing of information exchanged under tax treaties for countering corruption, money laundering and terrorist financing.

Extra Shots:

BRICS: BRICS is the acronym coined for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. Originally the first four were grouped as “BRIC”, before the induction of South Africa in 2010.

• Founded: June 2006
• Formation: 2009
• Predecessor: BRIC
• State Leaders: Jair Bolsonaro; Vladimir Putin; Narendra Modi; Xi Jinping; Cyril Ramaphosa
• Founders: China, India, Brazil, Russia

Ministry of Tourism organizes its 25th webinar titled ‘Northeast India for the immersive traveller’

• Ministry of Tourism organized its 25th webinar titled ‘Northeast India for the immersive traveller’ under Dekho Apna Desh Series, on Thursday.

Highlights:

• Dekho Apna Desh webinar series is promoting spirit of ‘Ek Bharat, Shreshtha Bharat’ through virtual tours of different parts of the country.
• This webinar offered an attractive virtual tour of four north-eastern states-Nagaland, Arunachal Pradesh, Assam and Sikkim.
• The presenters spoke about the unexplored destinations, tribes, festivals, crafts, culture of the local people during the webinar.
• Dzukou valley situated between Manipur and Nagaland were showcased, which is the crater base of an extinct volcano.
• The Hornbill festival celebrated every year from 1st to 10th of December in Kohima has become a big attraction for both domestic and foreign tourists leading to the development of tourist amenities in Nagaland.
• Arunachal Pradesh, with its 70 per cent forest cover and home to 26 major tribes, gives an opportunity to the traveller to experience new culture, tradition and dialects after every few kilometres.
• In the webinar, beauty of Tawang, Sangti valley and Losar festival which is celebrated in February were highlighted. The webinar also showcased Assam’s women centric textile sector.
• Sikkim’s success in the field of sustainable tourism practices and environmental ecology were also highlighted

Extra Shots:

The Ministry of Tourism, a branch of the Government of India, is the apex body for formulation and administration of the rules, regulations and laws relating to the development and promotion of tourism in India.

• Officeholder: Prahlad Singh Patel (MOS independent charge)
• Founded: 1967
• Headquarters: New Delhi
• Jurisdiction: India
• Annual budget: 2,150 crores INR (2018–19 est., US$300 million)
• Minister responsible: Prahlad Singh Patel, Minister of State (Independent charge)

AGREEMENTS AND MOU SIGNED

India, Sri Lanka reaffirmed commitment to further strengthen bilateral relations

• India and Sri Lanka have reaffirmed commitment to further strengthen bilateral relations exploring new avenues of cooperation.

Highlights of the Meeting:

• During a meeting between new Indian High Commissioner Gopal Baglay in Colombo and Sri Lankan President Gotabaya Rajapaksa, Mr. President stressed the need to expedite the implementation of already agreed joint projects for the benefit of both countries.
• Areas such as tertiary education, tourism, information and communication technology, agriculture and agri-based products were mentioned for enhancing bilateral cooperation.
• Indian companies are ready to invest in the priority sectors identified by Government of Sri Lanka.
• President Rajapaksa pointed out the need to develop people to people relations in addition to economic and trade cooperation.
• Both sides further noted that the shared heritage of Buddhism and the civilizational links between India and Sri Lanka provide a robust platform for bringing the two peoples even closer.
• The Indian High Commissioner said that India is ready to provide more opportunities for Sri Lankan scholars to study in India in their chosen fields.

Extra Shots:

Sri Lanka(Capital/Currency): Colombo, Sri Jayawardenepura Kotte/ Sri Lankan rupee

• President: Gotabaya Rajapaksa
• Official Languages: Sinhala and Tamil.

IIT Alumni Council to join hands with Mumbai University for MegaLab initiative

• IIT Alumni Council announced that it will partner Mumbai University in the MegaLab Mumbai initiative that will have a capacity of 10 million tests per month.

Highlights:

• MegaLab Mumbai would be one of the largest test facilities in the world for Covid19 & other infectious diseases.
• A global competition is being launched to identify appropriate equipment sources, consummable manufacturers and operating partners.
• In order to enable the creation of an entire ecosystem to support the path breaking initiative, Mega Lab Mumbai had proposed to partner with research oriented institutions of national importance in Mumbai and the National Capital Region.
• The students, faculty and research infrastructure of Mumbai University will act as the research backbone of the MegaLab project .
• MegaLab will be based on the end-to-end Kodoy indigenous technology stack and will have adequate capacity for testing the entire population of Mumbai for infectious diseases, each month

ACQUISITION & MERGER

Infosys ties-up with Zurich-based Avaloq for digital wealth management services

• Infosys Limited, a global leader in next-generation digital services and consulting, has entered into the partnership with Avaloq, a Swiss company that develops and provides software for core banking, to offer end-to-end (e2e) products and services as Software-as-a-Service (SaaS) across the world to its clients.
• This tie-up will not only help Infosys to leverage its Global Delivery Model and a standardized perspective to implement Avaloq’s solutions but also help latter’s unique knowledge and experience in providing e2e wealth management solutions combined with Infosys’ global presence and digital transformation capabilities will help create a one-stop-shop for wealth management clients.
• Infosys will also get the benefit to expand its market beyond Switzerland with an initial focus on EMEA (Europe, the Middle East and Africa) and APAC (Asia-Pacific) regions.

Extra Shots:

Infosys Limited:

• Headquarters: Bangalore, Karnataka
• President: Mohit Joshi

Avaloq:

• Headquarters: Freienbach, Switzerland
• Chief Executive Officer(CEO): Juerg Hunziker

APPOINTMENT IN NEWS

SAI extended the tenure of Sandip Pradhan as Director General

• The Ministry of Youth Affairs and Sports has extended the tenure of Sandip Pradhan as Director General of the Sports Authority of India (SAI) by two years.
• The extended tenure will come into effect from 6 June 2020.
• The Appointments Committee of the Cabinet has approved the proposal of Ministry of Youth Affairs and Sports for extension.

Extra Shots:

SAI:

• Headquarters: Delhi
• Founder: Ministry of Youth Affairs and Sports
• Founded: 25 January 1984
• Agency executive: Sandip Pradhan Indian Revenue Service, Sports Secretary-cum-Director General
• Parent agencies: Department of Youth and Sports Development, Ministry of Youth Affairs and Sports, Government of India

Venkataramani Sumantran becomes new independent director of Indigo

• Venkataramani Sumantran has been appointed the independent director of airline company IndiGo.
• He presently served as the chairman and managing director of Chennai-based Celeris Technologies.
• He will hold the post for the next five years. Dr Sumantran, with a rich experience of over 35 years having worked in the USA, Europe and Asia, has been an industry leader, technocrat, academic and author.

Extra Shots:

Indigo:

• CEO: Rono Dutta
• Parent company: InterGlobe Aviation Ltd
• Headquarters: Gurugram
• Bag information: In economy, within India, 15kg free. To other destinations, 20kg free, additional allowance depending on route. More IndiGo bag information
• Founders: Rahul Bhatia, Rakesh Gangwal

Wipro appoints Deepak M Satwalekar as Independent Director

• IT service major Wipro Limited on Friday announced the appointment of financial services professional Deepak M Satwalekar to its Board of Directors for five years effective July 1.
• He will serve as an Independent Director on the board and will bring a wealth of experience to Wipro having spent over four decades in the financial services industry and as an advisor and Board member of companies from diverse industries
• Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT).

Extra Shots:

Wipro:

• MD & CEO: Thierry Delaporte
• Owner: Azim Premji
• Founded: 29 December 1945, India
• Headquarters: Bengaluru
• Founders: M.H. Hasham Premji, Sudipto Halder

SPORT CURRENT AFFAIRS

WADA hands 4 year bans to Kiranjeet Kaur for doping

• India’s long-distance runner, Kiranjeet Kaur has been handed a four-year ban by World Athletics’ anti-doping body for testing positive for a banned substance (Enobosarm).
• She will be stripped of the gold medal she won at the Tata Steel Kolkata 25K.
• Her ban period begins from December 15 (2019), the date of in-competition sample collection.
• She was provisionally suspended by World Athletics on February 26.
• The National Dope Testing Laboratory has been suspended by the World Anti-Doping Agency and so Kaur’s samples were tested in the WADA-accredited laboratory in Doha.
• “Enobosarm is a Prohibited Substance under the WADA 2019 Prohibited List (S1.2: Other Anabolic Agents).
• It is a non-Specified substance and is prohibited at all times.

Extra Shots:

WADA:

• Headquarters: Montreal, Canada
• Purpose: Anti-doping in sport
• Founder: Dick Pound
• Founded: 10 November 1999
• Affiliation: International Olympic Committee
• Type of business: Non-profit organisation

SCIENCE & TECHNOLOGY

IASST scientists develop herbal medicine loaded smart bandage for wounds

• Scientists from Institute of Advanced Study in Science and Technology (IASST) an autonomous institute of the Department of Science & Technology,Govt. of India have developed a pH-responsive smart bandage that can deliver the medicine applied in the wound at the pH that is suitable for the wound.
• The scientists have developed the delivery system by fabricating a nanotechnology-based cotton patch that uses cheap and sustainable materials like cotton and jute.
• A nanocomposite hydrogel bound compact cotton patch incorporated with jute carbon dots was fabricated to carry out the drug release.
• Jute has been used for the first time as a precursor in synthesizing fluorescent carbon dots, and water was used as the dispersion medium.
• Herbal formulation neem leaf (Azadirachtaindica) extract was taken as the model drug to exemplify the release study.

OBITUARY

Rajya Sabha member M.P. Veerendra Kumar passes away

• Rajya Sabha (RS) MP from Kerala and Loktantrik Janata Dal (LJD) Leader, writer and journalist, M.P. Veerendra Kumar passed away.
• He was born on July 22, 1936, at Kalpetta, Wayanad district, Kerala.
• In 1996, Kumar was elected to the Lok Sabha from Kozhikde and became a ‘Union Minister of State for Finance’ and later ‘Union Minister of State for Labour’ in the United Front governments led by HD Deve Gowda and IK Gujral.
• He was elected to the Lok Sabha again in 2004.
• He has been a member of the Rajya Sabha since April 2016. He was a recipient of the Sahitya Academy award.

Renowned astrologer Bejan Daruwalla passes away

• Renowned astrologer, Bejan Daruwalla passed away. His name figured among the 100 great astrologers of the last 1,000 years in ‘The Millennium Book of Prophecy’, published by Harper Collins.
• His astrological predictions were keenly followed by millions of people in the country.
• He used to predict political developments, cricket, film industry and film stars.
• Among his political predictions included victories of Morarji Desai, Atal Bihari Vajpayee, and lastly, Narendra Modi.

Veteran lyricist Yogesh Gaur passes away

• Veteran lyricist Yogesh Gaur passed away. He wrote the lyrics of hit songs “Kahin duur jab din dhal jaye” and “Zindagi kaisi hai paheli” that defined the superhit film Anand (1971).
• He got his first break as a lyricist with the film Sakhi Robin (1962), in which he wrote six songs.
• He also wrote songs for films like Chhoti Si Baat (1976), Baton Baton Mein (1979), Manzil (1979), Rajnigandha (1974) and many more.

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