Current Affairs Current Affairs May 2019

  United Nations Office for Disaster Risk Reduction (UNDRR) conferred Sasakawa Award 2019 for Disaster Risk Reduction to Dr. Pramod Kumar Mishra, Additional Principal Secretary to Prime Minister of India. The award was announced at the Award Ceremony during the ongoing 6th Session of Global Platform for Disaster Risk Reduction (GPDRR) 2019 at Geneva.
Source- Press Information Bureau (PIB)

  The 11th Joint Consular Committee Meeting between India and Iran took place in New Delhi. Mr. Amit Narang, Joint Secretary (CPV) led the Indian side, while the Iran delegation was led by H.E. Mr. Ali Asghar Mohammadi, Director General for Consular Affairs, Ministry of Foreign Affairs of Iran. The meeting provided an opportunity to review the status of ongoing cooperation in consular and visa related issues and to discuss ways and means to further expand people to people contacts and promote friendly exchanges between India and Iran.
Source- MEA

  The third round of Foreign Office Consultations between India and Botswana was held in New Delhi. The Indian side was led by Joint Secretary, East and Southern Africa in the Ministry of External Affairs Dr. Neena Malhotra. The Botswana side was headed by Deputy Permanent Secretary in the Ministry of International Affairs and Cooperation of Botswana Government, Tapiwa Mongwa. The deliberations provided an opportunity to review the entire gamut of bilateral relations, including political, economic, commercial, defence, consular and international cooperation.
Source- News on AIR

  The Indian Coast Guard ship (ICGS) Vigraha was decommissioned at Visakhapatnam, Andhra Pradesh. It is a frontline offshore patrol vessel (OPV). It was commissioned into service on April 12, 1990. It has played an instrumental role in protecting the east coast of India for 29 years of service from 1990 to 2019.
Source- Business Standard

  The Indian Navy has successfully test-fired a Medium Range Surface to Air Missile (MRSAM), achieving a significant milestone to enhance its anti-air warfare capability. The test-firing of the missile was undertaken on the western seaboard by Indian naval ships Kochi and Chennai.
Source- The Economic Times

  Commandos of the premier counter-terror force National Security Guard (NSG) created history as they scaled the Mount Everest (world’s highest peak) in their maiden attempt.  A seven-member team of NSG, led by Lt Col J P Kumar, successfully unfurled the Indian flag at the 8,848-metre tall peak. This is the first expedition of the NSG to the Mount Everest and the force has been preparing for it since 2017.
Source- The Hindu

  Leading stock exchange BSE has launched ‘BSE StAR MF’ app to enable more participation and help mutual fund distributors process transactions faster. As per the BSE, this mobile app supports real-time client registration and paperless transactions, creates and uploads mandate for SIPs, generates the basket of multiple orders, tracks and allows the distributor to analyse his business at his fingertips.
Source: The Hindu Business Lines

  US President Donald Trump has rolled out a merit-based immigration system from which foreigners, including hundreds and thousands of Indian professionals and skilled workers, waiting to get Green Cards or permanent legal residency stand to benefit. He made the announcement in his Rose Garden speech. As per the proposed system, permanent legal residency would be given based on points for their age, knowledge, job opportunities and civic sense. The proposals significantly increase the quota for skilled workers from the existing nearly 12% to 57%.
Source- AIR World Service

  The Saudi government has approved for the first time a scheme that gives permanent residency to certain expatriates, allowing them to own real estate in the kingdom and reside with their families without a Saudi sponsor. The “Privileged Iqama” system will offer a permanent residence scheme and one that can be renewed annually to highly skilled expatriates and owners of capital funds.
Source: Livemint

  Ujjivan Small Finance Bank Limited has appointed Nitin Chugh as its next Managing Director and Chief Executive Officer (CEO) from December 1, 2019. Bank’s current MD and CEO, Samit Ghosh is retiring on November 30, 2019. The bank has received the approval of its application for Chugh’s appointment, from the Reserve Bank of India (RBI).
Source: The Hindu Business Lines


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