Weekly One Liner Current Affairs May 2024 | May 15 to May 20
National Affairs
- In 2023-24, China became India's top trading partner, overtaking the United States, according to the Global Trade Research Initiative (GTRI) data.
- India and the UAE held a crucial meeting on the India-Middle East-Europe Economic Corridor (IMEEC), aimed at enhancing cooperation for the development and operationalization of the corridor.
- India has decided to extend budgetary support of $50 million to Maldives.
- The Ministry of Skill Development and Entrepreneurship (MSDE) partnered with Mahindra & Mahindra Ltd to empower women in technology through two pilot projects under the Drone Didi Yojana. The Drone Didi Yojana aims to train 15,000 women to use drones for agricultural tasks like fertilizing crops, monitoring growth, and planting seeds.
- India surpasses Australia, Japan, Singapore, and others in data center capacity in the Asia-Pacific region, expecting a record capacity addition of 850 MW during 2024-2026.
- IndiaSkills 2024 began on May 15, 2024, in New Delhi. The event lasts four days and evaluates students' skills in 61 categories, showcasing talent nationally and internationally.
- India presents its green hydrogen potential at World Hydrogen Summit 2024 in the Netherlands.
- India ranks first in the adoption of Generative Artificial Intelligence (GenAI) across Asia-Pacific, a report released by Deloitte India.
- In a proud moment for India, three literary works – the Ramcharitmanas, Panchatantra, and Sahṛdayāloka-Locana – have been added to UNESCO’s Memory of the World Asia-Pacific Regional Register.
- At the 77th Cannes Film Festival, the Bharat Pavilion, once the India Pavilion, was inaugurated, showing India's dedication to traditional storytelling and international partnerships.
- Infosys, a global leader in digital services and consulting, received ISO 42001:2023 certification from TUV India for its Artificial Intelligence Management System (AIMS).
- Bhilai Steel Plant (BSP), part of Steel Authority of India Limited (SAIL) in Chhattisgarh, to inaugurate the state's primary floating solar project.
- Hinduja Group’s IndusInd International Holdings (IIHL) has obtained approval from the Insurance Regulatory and Development Authority of India (IRDAI) for the acquisition of Reliance Capital.
- Hero MotoCorp, India’s leading two-wheeler manufacturer, has become the first in its sector to integrate with the Open Network for Digital Commerce (ONDC).
- Moody's Ratings forecasts a 6.6% growth for India's economy in the fiscal year ending March 2025.
- HDFC Bank launched Pixel Play, India's first virtual credit card with Visa, available in Pixel Play and Pixel Go variants. Users can customize their cards based on lifestyle and merchant preferences via the PayZapp app.
- PhonePe partnered with LankaPay o launch UPI payments in Sri Lanka.
- SBI raises short-term retail fixed deposit rates by up to 75 bps.
- The United Nations revised India's 2024 economic growth forecast, projecting a 6.9% growth rate for 2025.
- Tata Sons chairman N Chandrasekaran set to become chairman of Tata Electronics.
- Wipro, a leading IT major, has announced the appointment of Vinay Firake as the Chief Executive Officer (CEO).
- Senior advocate Kapil Sibal has been elected as the president of the Supreme Court Bar Association (SCBA).
- Senior Indian Police Service (IPS) officers A Y V Krishna and N Venu Gopal have been appointed as additional directors in the Central Bureau of Investigation (CBI).
- The Indian Army will enhance its surveillance along the Pakistan border by inducting advanced drones, including the Drishti-10 (Hermes-900).
- 7th edition of India- France Joint Military Exercise SHAKTI commenced at Umroi, Meghalaya.
- Indian Air Force tests BHISHM Cube, a state-of-the-art mobile hospital, for airdrop in Agra, enhancing emergency medical aid capability anywhere.
- 22nd Periodic Labour Force Survey (PLFS) conducted by the National Sample Survey Office (NSSO) revealed that the unemployment rate among individuals aged 15 years and above in urban areas of India decreased to 6.7% in the January-March 2024 period.
- Anandana, Coca-Cola's Indian Foundation, partners with Hockey India for the National Women’s Hockey League 2024, intending to support and enhance women’s hockey.
- Google Arts & Culture and India's Ministry of Agriculture present "Millets: Seeds of Change," a digital exhibition showcasing the historical importance and modern relevance of millets.
- The Indian Space Research Organisation (ISRO) is gearing up for Mangalyaan-2 mission aims to land a rover and helicopter on Mars, positioning India alongside the US and China in interplanetary exploration.
INTERNATIONAL AFFAIRS
- The European Union passed its first law to stop violence against women. It requires all member countries to make practices like female genital mutilation, forced marriage, and online harassment illegal.
- UAE has launched a 10-year 'Blue Residency Visa' programme, granting visas to individuals who have made exceptional contributions to protecting the environment, both marine and land.
- Venezuela is the first country to lose all its glaciers, with its last glacier now considered just an ice field due to climate change.
- Hundreds of residents near Mount Ibu, an active volcano in eastern Indonesia, were evacuated due to a notable rise in volcanic activity.
- Japan unveiled the world's first 6G device, which is 20 times faster than 5G, transmitting data at 100 gigabits per second over 300 feet.
- NASA and Japanese Aerospace Exploration Agency (JAXA) will continue using the X-ray Imaging and Spectroscopy Mission (XRISM) satellite's instrument as-is for at least 18 months, despite an issue affecting it.
- UN General Assembly has proclaimed 25th May as the World Football Day.
- Singapore’s deputy leader Lawrence Wong is set to be sworn in as the nation’s fourth Prime Minister.
Awards and Honours
- Eminent author Ruskin Bond has been bestowed with the Sahitya Akademi Fellowship.
- Chandrakant Satija, the renowned educationist and Founder CEO of Chandra Admission Consultants, was honored with the Global Excellence Award 2024.
- Dr. Soumya Swaminathan, a respected expert in public health and infectious diseases, to receive an honorary degree from Canada’s prestigious McGill University.
- Cmde Hemant Khatri, the Chairman and Managing Director (C&MD) of Hindustan Shipyard Limited (HSL), was bestowed with the ‘PSU Samarpan Award‘.
SPORTS
- Jorge Martin won the exciting 2024 French MotoGP.
- Abha Khatua sets a national record, winning the gold medal in Women’s Shot Put with a throw of 18.41 meters.
- Manika Batra achieves a milestone, becoming the first Indian woman to enter the top 25 of the World Women’s Singles Rankings in Table Tennis.
- In men’s javelin throw, Olympic champion Neeraj Chopra won the gold medal in Federation Cup 2024 in Bhubaneswar.
- P. Shyaamnikhil from Tamil Nadu became India's 85th Grandmaster aged 31, achieving the final GM norm at the 2024 Dubai Police Masters Chess Tournament.
- The Japanese men's hockey team won their first Sultan Azlan Shah Trophy against Pakistan, marking a historic achievement.
- Sunil Chhetri, India's renowned footballer, has announced his retirement from international football.
IMPORTANT DAYS
- May 15 : International Day of Families
- May 16 : International Day of Living Together in Peace
- May 16 : International Day of Light
- May 17 : World Telecommunication and Information Society Day
- May 17 : World Hypertension Day
- May 18 : International Museum Day
- May 18 : World AIDS Vaccine Day