Today Current Affairs - 6th May 2020
We are here for you to provide the important Recent and Latest Current Affairs 6 May 2020, which have unique updates of Latest Current Affairs 2020 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.
About NAM:
It was found in 1961 by initiatives of Gamal Abdel Nasser of Egypt, Kwame Nkrumah of Ghana, Jawaharlal Nehru of India, Ahmed Sukarno of Indonesia and Josip Broz Tito of Yugoslavia & has 120 member states, 17 Observer Countries and 10 Observer organizations.
i.The aim of the conference was to discuss the importance of Bamboo, which will provide an opportunity for India to emerge as an economic powerpost COVID-19.
ii.It should be noted that northeast consists of 60% of India’s reserve of Bamboo.
iii.Currently, the total requirement of “Agarbatti” in India is about 2,30,000 per annum and the market value of it is up to Rs 5000 crore, we have been importing a large bulk of it from countries like China and Vietnam.
PAN IIT ALumni India:
Pan IIT Alumni India is an organisation representing alumni of all IIT.
Chairman– Ramnath S Mani
Vice Chairman– Pawan Kumar
Registered on– 20 September 2006
Headquarters– IIT Delhi, New Delhi
About SIDBI:
Headquarters– Lucknow, Uttar Pradesh
Chairman & Managing Director (MD)– Mohammad Mustafa
ii.Public debt level to rise from 70% of GDP to 75-80%.
iii.Creation of a special purpose vehicle (SPV) is required to directly purchase corporate bonds (to arrest widening spreads vs government securities and temper volatility).
About DBS:
Headquarters– Singapore
Former Name– Development Bank of Singapore (DBS)
Chief Executive Officer (CEO)– Piyush Gupta
i.The three Indian photojournalists namely Dar Yasin, Mukhtar Khan and ChanniAnandfrom Jammu and Kashmir who work for Associated Press (AP) have won the 2020 Pulitzer Prize in feature photography.
ii.Colson Whitehead became the rare author to receive Pulitzers for consecutive books when his novel about a brutal Florida reform school during the Jim Crow era, ‘The Nickel Boys,’ was awarded the fiction prize 2020. In 2017, he won for his Civil War era novel ‘The Underground Railroad’.
iii.Late Ida Bell Wells-Barnett, who was an American investigative journalist, was honored for her outstanding and courageous reporting on the horrific and vicious violence against African Americans during the era of lynching. She died in 1931.
About North Korea:
Capital– Pyongyang.
Currency– North Korean won.
About the MWP:
It was instituted by Stora Kopparbergs Bergslags AB at its annual meeting in 1980 to commemorate the services rendered by Dr. Marcus Wallenberg during his long term as member and chairman of the Board of Directors.
About MCA:
Union Minister– Nirmala Sitharaman (Constituency- Karnataka)
Minister of State– Anurag Singh Thakur(Constituency- Hamirpur)
About IRDAI:
Headquarters– Hyderabad, Telangana.
Chairman– Subhash Chandra(C). Khuntia
About World Bank:
Headquarters– Washington D.C., US.
President– David Robert Malpass.
Motto– Working for a World Free of Poverty.
Max Bupa Health Insurance appointed Krishnan Ramachandran as its new managing director(MD) and Chief Executive Officer(CEO). He succeeds Ashish Mehrotra, after almost 5 years of service in its company.
About Max Bupa Health Insurance:
Headquarters– New Delhi, India
About CDPQ:
Chairman– Robert Tessier
President and CEO– Charles Emond
Founded in– 1965
Headquarters– Québec
i.It aims to provide SHGs in rural areas with market access to Central and State Government buyers.
ii.TheSaras Collection is an initiative of GeM and the DeenDayalAntyodayaYojana-National Rural Livelihoods Mission (DAY-NRLM).
iii.The first phase is a pilot stage under which 913 SHGs from 11 States have already registered as sellers and 442 products have been on-boarded.
About DAY-NRLM:
DAY-NLRM aims to reduce poverty through promotion of diversified and gainful self-employment.
About GeM:
Government e Marketplace (GeM) is a 100 percent Government owned Section 8 Company set up as the National Public Procurement Portal to provide online, end to end solution for procurement of goods and services for all Central Government and State Government Ministries.
On 4th May 2020, The Laser Science & Technology Centre(LASTEC), Delhi-based laboratory of the Defence Research and Development Organisation(DRDO), Defence ministry with the assistance of New Age Instruments and Material Private Ltd., Gurugram developed “UV blaster” an ultraviolet(UV) disinfection tower for a quick and chemical-free sanitization of areas that are highly prone to the infection of novel coronavirus in method.
About DRDO:
Defence Minister– Rajnath Singh
Chairman– G. Satheesh Reddy
CEO & MD– Sudhir Mishra
Formed– 1958
Headquarters– New Delhi
NATIONAL AFFAIRS
Narendra Modi participates in online Summit of NAM Contact Group
Prime Minister(PM) Narendra Modi participates in the online summit of Non-Aligned Movement(NAM) Contact Group on the theme “United against COVID-19” hosted by the current Chairman of NAM, President of Republic of Azerbaijan HE Ilham Aliyev through videoconference to discuss the response to the COVID-19 pandemic crisis.About NAM:
It was found in 1961 by initiatives of Gamal Abdel Nasser of Egypt, Kwame Nkrumah of Ghana, Jawaharlal Nehru of India, Ahmed Sukarno of Indonesia and Josip Broz Tito of Yugoslavia & has 120 member states, 17 Observer Countries and 10 Observer organizations.
Dr Jitendra Singh attended Bamboo Conclave through Video Conference
i.The aim of the conference was to discuss the importance of Bamboo, which will provide an opportunity for India to emerge as an economic powerpost COVID-19.
ii.It should be noted that northeast consists of 60% of India’s reserve of Bamboo.
iii.Currently, the total requirement of “Agarbatti” in India is about 2,30,000 per annum and the market value of it is up to Rs 5000 crore, we have been importing a large bulk of it from countries like China and Vietnam.
IIT Launches India’s first COVID-19 test bus in Mumbai
On 1st May 2020, The Indian Institute of Technology(IIT) Alumni Council launched a “COVID-19 test bus” in Mumbai, Maharashtra and inaugurated by Chief Minister UddhavThackery, Health Minister Rajesh Tope and Praveen Pardeshi.PAN IIT ALumni India:
Pan IIT Alumni India is an organisation representing alumni of all IIT.
Chairman– Ramnath S Mani
Vice Chairman– Pawan Kumar
Registered on– 20 September 2006
Headquarters– IIT Delhi, New Delhi
BANKING & FINANCE
‘India SME Services Platform’ to be launched: SIDBI
The Small Industries Development Bank of India(SIDBI) informed that it will launch ‘India SME Services Platform’, a digital platform to educate stakeholders in the small and medium enterprises(SME) ecosystem and have information on coronavirus-related initiatives for the sector.About SIDBI:
Headquarters– Lucknow, Uttar Pradesh
Chairman & Managing Director (MD)– Mohammad Mustafa
ECONOMY & BUSINESS
DBS Bank slashes India’s FY21 GDP forecast to 1% from 1.5%; another Rs 1.5-3 lakh-cr relief package required
i.The general government (the Centre and States) deficit is likely to rise to 10-10.5% of GDP in FY21 vs around 6% of GDP earlier.ii.Public debt level to rise from 70% of GDP to 75-80%.
iii.Creation of a special purpose vehicle (SPV) is required to directly purchase corporate bonds (to arrest widening spreads vs government securities and temper volatility).
About DBS:
Headquarters– Singapore
Former Name– Development Bank of Singapore (DBS)
Chief Executive Officer (CEO)– Piyush Gupta
AWARDS & RECOGNITIONS
2020 Pulitzer Prizes announced: 3 photojournalists from Jammu & Kashmir won the feature photography
i.The three Indian photojournalists namely Dar Yasin, Mukhtar Khan and ChanniAnandfrom Jammu and Kashmir who work for Associated Press (AP) have won the 2020 Pulitzer Prize in feature photography.
ii.Colson Whitehead became the rare author to receive Pulitzers for consecutive books when his novel about a brutal Florida reform school during the Jim Crow era, ‘The Nickel Boys,’ was awarded the fiction prize 2020. In 2017, he won for his Civil War era novel ‘The Underground Railroad’.
iii.Late Ida Bell Wells-Barnett, who was an American investigative journalist, was honored for her outstanding and courageous reporting on the horrific and vicious violence against African Americans during the era of lynching. She died in 1931.
Vladimir Putin awards commemorative World War II medal to North Korean leader Kim Jong-un
On May 5, 2020, The Russian embassy in Pyongyang, North Korea announced that the Russian President Vladimir Putin has awarded North Korean Leader Kim Jong-un a commemorative war medal marking the 75th anniversary of the victory over Nazi Germany.About North Korea:
Capital– Pyongyang.
Currency– North Korean won.
Nicholas C. Coops, Joseph J. Landsberg and Richard H. Waring shares the Marcus Wallenberg Prize 2020
Professors Nicholas C. Coops from Canada, Richard H. Waring from the United Nations of America(USA), Joseph J. Landsberg from Australia shares the ‘Marcus Wallenberg Prize(MWP) 2020’ for 3-PG (Physiological Principles Predicting Growth), a model to predict forest growth in a changing climate.About the MWP:
It was instituted by Stora Kopparbergs Bergslags AB at its annual meeting in 1980 to commemorate the services rendered by Dr. Marcus Wallenberg during his long term as member and chairman of the Board of Directors.
APPOINTMENTS & RESIGNATIONS
7 member committee formed to enhance audit independence and accountability: MCA
The Ministry of Corporate Affairs(MCA) has constituted a 7 member committee to examine the comments received on the consultation paper floated by it & make recommendations which require any amendments in law, rules and standards so as to enhance audit independence and accountability.About MCA:
Union Minister– Nirmala Sitharaman (Constituency- Karnataka)
Minister of State– Anurag Singh Thakur(Constituency- Hamirpur)
Panel formed to frame standard professional indemnity policy: IRDAI
The Insurance Regulatory and Development Authority of India(IRDAI) has set up a panel to frame standard professional indemnity policy for insurance intermediaries that can be issued by all the insurers. It is headed by Yegnapriya Bharat, CGM (Non-Life), IRDAI.About IRDAI:
Headquarters– Hyderabad, Telangana.
Chairman– Subhash Chandra(C). Khuntia
Indian-American lawyer Ashok Michael Pinto as US representative to World Bank’s lending arm IBRD
On May 5, 2020, United States President Donald Trump nominated Indian-American lawyer Ashok Michael Pinto as a representative to the International Bank for Reconstruction and Development (IBRD), the World Bank’s lending arm. He was nominated as US Alternate Executive Director of IBRD for a period of 2 years.About World Bank:
Headquarters– Washington D.C., US.
President– David Robert Malpass.
Motto– Working for a World Free of Poverty.
Krishnan Ramachandran appointed as Managing Director & Chief Executive Officer of Max Bupa
Max Bupa Health Insurance appointed Krishnan Ramachandran as its new managing director(MD) and Chief Executive Officer(CEO). He succeeds Ashish Mehrotra, after almost 5 years of service in its company.
About Max Bupa Health Insurance:
Headquarters– New Delhi, India
ACQUISITIONS & MERGERS
KPTL completes sale of 100 piece stake in Kalpataru Satpura Transco to CLP India
On 5th May 2020, Kalpataru Power Transmission Limited(KPTL) announced the successful completion of the sale of the entire stake in Kalpataru Transco Private Limited(KSTPL) to CLP India Private Limited of CLP groups, one of Asia’s largest investor-owned power business and from November 20, 2019 ,KSTPL ceased to be a subsidiary of the company.About CDPQ:
Chairman– Robert Tessier
President and CEO– Charles Emond
Founded in– 1965
Headquarters– Québec
SCIENCE & TECHNOLOGY
Union Minister Narendra Singh Tomar launched “The Saras Collection” on GeM portal from New Delhi
i.It aims to provide SHGs in rural areas with market access to Central and State Government buyers.
ii.TheSaras Collection is an initiative of GeM and the DeenDayalAntyodayaYojana-National Rural Livelihoods Mission (DAY-NRLM).
iii.The first phase is a pilot stage under which 913 SHGs from 11 States have already registered as sellers and 442 products have been on-boarded.
About DAY-NRLM:
DAY-NLRM aims to reduce poverty through promotion of diversified and gainful self-employment.
About GeM:
Government e Marketplace (GeM) is a 100 percent Government owned Section 8 Company set up as the National Public Procurement Portal to provide online, end to end solution for procurement of goods and services for all Central Government and State Government Ministries.
DRDO Develops “UV blaster”, Ultraviolet Disinfection Tower
On 4th May 2020, The Laser Science & Technology Centre(LASTEC), Delhi-based laboratory of the Defence Research and Development Organisation(DRDO), Defence ministry with the assistance of New Age Instruments and Material Private Ltd., Gurugram developed “UV blaster” an ultraviolet(UV) disinfection tower for a quick and chemical-free sanitization of areas that are highly prone to the infection of novel coronavirus in method.
About DRDO:
Defence Minister– Rajnath Singh
Chairman– G. Satheesh Reddy
CEO & MD– Sudhir Mishra
Formed– 1958
Headquarters– New Delhi
SNBNCBS develops Nanomedicine to alter oxidative stress to treat COVID-19
On 30 th April 2020, The Scientists of S. N. Bose National Centre for Basic Sciences (SNBNCBS), Kolkata developed a nanomedicine, safe and cost-effective, to treat many diseases by altering oxidative stress in the body and the research will support the combat against the COVID-19 in India.
About SNBNCBS:
Director– Samit Kumar Ray
Dean– BiswajitChakraborty
Established in– 1986
Location– Kolkata
About SNBNCBS:
Director– Samit Kumar Ray
Dean– BiswajitChakraborty
Established in– 1986
Location– Kolkata
COVID-19: CIMAP’s Herbal products ‘CIM-Paushak’ and ‘Herbal Cough Syrup’ boost immunity
Researchers at Central Institute of Medicinal and Aromatic Plants (CIMAP), Lucknow, have developed scientifically proven two herbal products ‘CIM-Paushak’ and ‘Herbal Cough Syrup’ which can boost the immunity of the persons as well as helps in reducing the dry cough symptom generally associated with the coronavirus infection.
About Uttar Pradesh (UP):
Capital– Lucknow.
Chief Minister (CM)– Yogi Adityanath.
Governor– Anandiben Patel.
About Uttar Pradesh (UP):
Capital– Lucknow.
Chief Minister (CM)– Yogi Adityanath.
Governor– Anandiben Patel.
IMPORTANT DAYS
World Asthma Day 2020: May 5
World Asthma Day is observed annually on the first Tuesday of May and this year it was celebrated on May 5, 2020. The day is organized by the Global Initiative for Asthma (GINA) to improve asthma awareness and care around the world.
Theme for the year 2020: Enough Asthma Deaths.
About GINA:
GINA was launched in 1993 in collaboration with the National Heart, Lung, and Blood Institute (NHLBI), National Institutes of Health, USA, and the World Health Organization (WHO).
Theme for the year 2020: Enough Asthma Deaths.
About GINA:
GINA was launched in 1993 in collaboration with the National Heart, Lung, and Blood Institute (NHLBI), National Institutes of Health, USA, and the World Health Organization (WHO).
International Day of the Midwife 2020: May 5
The International Day of the Midwife is globally observed on 5th May of every year since 1992 to acknowledge the works of midwives and to raise awareness about their status.The First International Midwives Day was celebrated in 1991.The idea of this day was proposed in International Confederation of Midwives(ICM) conference, Netherlands in 1987. The theme of this year is “Midwives with women: celebrate, demonstrate, mobilise, unite – our time is now”. The World Health Organization (WHO) to commemorate the 200th birth anniversary of Florence Nightingale has designed the year 2020 as the “Year of Nurse and Midwife”.
About ICM:
President– FrankaCadee
Vice President– Mary Kirk
Chief Executive– Dr. Sally Pairman
Headquarters– Hague, Netherlands
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About ICM:
President– FrankaCadee
Vice President– Mary Kirk
Chief Executive– Dr. Sally Pairman
Headquarters– Hague, Netherlands
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Short Current Affairs
- Narendra Modi participates in online Summit of NAM Contact Group
- Dr Jitendra Singh attended Bamboo Conclave through Video Conference
- IIT Launches India’s first COVID-19 test bus in Mumbai
- India SME Services Platform’ to be launched: SIDBI
- DBS Bank slashes India’s FY21 GDP forecast to 1% from 1.5%; another Rs 1.5-3 lakh-cr relief package required
- 2020 Pulitzer Prizes announced: 3 photojournalists from Jammu & Kashmir won the feature photography
- Vladimir Putin awards commemorative World War II medal to North Korean leader Kim Jong-un
- Nicholas C. Coops, Joseph J. Landsberg and Richard H. Waring shares the Marcus Wallenberg Prize 2020
- 7 member committee formed to enhance audit independence and accountability: MCA
- Panel formed to frame standard professional indemnity policy: IRDAI
- Indian-American lawyer Ashok Michael Pinto as US representative to World Bank’s lending arm IBRD
- Krishnan Ramachandran appointed as Managing Director & Chief Executive Officer of Max Bupa
- KPTL completes sale of 100 piece stake in Kalpataru Satpura Transco to CLP India
- Union Minister Narendra Singh Tomar launched “The Saras Collection” on GeM portal from New Delhi
- DRDO Develops “UV blaster”, Ultraviolet Disinfection Tower
- SNBNCBS develops Nanomedicine to alter oxidative stress to treat COVID-19
- COVID-19: CIMAP’s Herbal products ‘CIM-Paushak’ and ‘Herbal Cough Syrup’ boost immunity
- World Asthma Day 2020: May 5
- International Day of the Midwife 2020: May 5
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