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7th,8th and 9th may current affairs

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Category : Current Affairs

1#IBSA Sherpas meet concluded in Cochin

  • India, Brazil and South Africa (IBSA) Sherpas meeting was held in Cochin, Kerala from May 3 to May 5, 2019.Before IBSA Sherpas meeting, the 9th IBSA trilateral Ministerial Meeting was also concluded at the same venue.
  • Indian delegation was led by T.S. Tirumurti, Secretary (Economic Relations) in Ministry of External Affairs and Amb. Norberto Moretti, Sherpa of Brazil and Prof. Anil Sooklal, Sherpa of South Africa led their respective delegation at the meeting.

2#Indian Navy launches fourth Scorpene-class submarine Vela

  • The Indian Navy has launched its fourth P75 Scorpene-class submarine, INS Vela, at state-owned firm Mazagon Dock Shipbuilders Limited’s (MDL) facility in Mumbai, Maharashtra.
  • The vessel is being constructed domestically by MDL under the Indian Government’s ‘Make In India’ programme. Vela was towed to Mumbai Port Trust for separation from the pontoon.
  • The P75 programme is the key element of the strategic partnership built in domain of submarine building, over the last decades between India and France.


3#Serbian Dragan Mihailovic appointed Indian men’s volleyball team coach

  • The Volleyball Federation of India appointed Serbian Dragan Mihailovic as head coach of the men’s national team in a move linked to the long term goal of Olympic Games qualification. Mihailovic has more than 25 years of experience as a coach.
  • The VFI also announced the appointment of Przemyslaw Soszynski and Vladimir Radosevic as the team’s physio trainer and physiotherapist respectively.


4#G D Robert Govender honoured with V K Krishna Menon Award

  • Indian –origin journalist G D ‘Robert’ Govender conferred with V K Krishna Menon Award 2019 in UK for his contribution as a pioneer of decolonised journalism.
  • The award is given to mark the 123rd birth anniversary of V K Krishna Menon, Indian diplomat and politician.
  • Govender is the first person who has been awarded the V K Krishna Menon posthumously. He had died in the UK in 2016.

5# SBI Card raises Rs.700 cr from banks

  • SBI Cards and Payment Services Pvt Ltd. (SBI Card), the credit card subsidiary of State Bank of India, has raised Rs.700 crore from a clutch of banks and financial firms including its parent in the last two quarters of FY19 as it targets to grow above industry average.
  • It has raised Rs.100 crore from ICICI Securities Primary Dealership Ltd., Rs.250 crore from State Bank of India, Rs.50 crore from Canara Bank and Rs.50 crore from Axis Bank by issuing non-convertible debentures (NCDs) at 9.15% coupon.
  • The company also raised another Rs.250 crore from Axis Bank in the form of NCDs at a coupon of 9.55%.

6# SpaceX successfully launched cargo mission for NASA to ISS

  • SpaceX successfully launched a Dragon spacecraft on a cargo mission for NASA to International Space Station (ISS). This is SpaceX’s fifth launch of the year .
  • It was launched on a ‘Falcon 9’ rocket, from Cape Canaveral in Florida. It is being used for the first time.


7#India’s Jagjit Pavadia re-elected to International Narcotics Control Board

  • India’s Jagjit Pavadia was re-elected to the International Narcotics Control Board (INCB) for another term. She posted the highest number of votes at 44. Ms Pavadia has been a member of the INCB since 2015 and her current term is set to expire in 2020. 
  • The Economic and Social Council (ECOSOC) held elections by secret ballot yesterday, with 15 candidates in the fray for five seats.  Jagjit Pavadia has been re-elected for a five-year term beginning 2nd March, 2020
  • INCB consists of 13 members who are elected by the ECOSOC and who serve in their personal capacity. Established in 1968, the INCB is an independent and quasi-judicial monitoring body for the implementation of the UN’s international drug control conventions

8#World Red Cross Day observed on 08th May

  • World Red Cross day means 8th of May is celebrated every year as the birthday anniversary of founder of the Red Cross.
  • Henry Dunant was the founder of the Red Cross as well as the founder of International Committee of the Red Cross (ICRC), born in the Geneva in the year 1828.
  • He was the most famous person and became the recipient of 1stNobel Peace Prize .
  • World Red Cross Day 2019 theme was “#love”. The theme mainly focused on asking people about what they love about Red Cross and Red Crescent

9# Indian boxers win six medals at 36th Feliks Stamm International Boxing .

  • Indian boxers finished with a rich haul of six medals, including two gold   at the 36th  Feliks Stamm International Boxing Tournament in Warsaw, Poland .
  • Gaurav Solanki and Manish Kaushik bagged one  gold each. Indian boxers also clinched a silver and three bronze .

10# Purple Frog to be crowned Kerala’s state amphibian

  • Purple Frog is to be named as Kerala’s state amphibian. The species is endemic to the Western Ghats. The title would help in protecting species fragile habitat.
  • The proposal for was mooted by Kerala’s leading Herpetologists, a specialist in the study of reptiles and amphibians
  • It is believed that the Purple frog, the scientific name Nasikabatrachus sahyadrensis (N. sahyadrensis) rightly called a living fossil as it’s evolutionary roots suggest it could have shared space with dinosaurs going back almost 70 million years ago. 

11#15th Finance Commission hold meetings with renowned Economists

  • The 15th Finance Commission held a two-day meeting with eminent economists, top executives of leading banks at RBI headquarters in Mumbai. 
  • Chairman of Finance Commission Mr N.K. Singh said that last two days meeting with top economists, Panel of experts from RBI and bankers, the Finance commission explored issues pertaining to state leadership, development, better governance and its connection with the market mechanism.
  • Mr Singh said the experts also discussed on the future of Centrally Sponsored Schemes and attempts by which rationalization and simplification were done in the past and overall situation at present.


12#RBI directs banks to raise limit on home loans under priority sector lending

  • The Reserve Bank of India has directed the banks to increase the eligibility cap on housing loan for Regional Rural Banks (RRBs) and Small Finance Banks (SFBs) to Rs 35 lakh in metropolitan centres (with a population of ten lakh and above) and Rs 25 lakh in other centres under priority sector lending (PSL) .
  • RBI said that the existing family income limit of Rs.2 lakh per annum, prescribed in the master direction for RRBs and the compendium for SFBs, eligible for loans to housing projects exclusively for the purpose of construction of houses for Economically Weaker Sections (EWS) and Low-Income Groups (LIG), has been revised to Rs.3 lakh per annum for EWS and Rs.6 lakh per annum for LIG.

13# Tiger Woods was awarded the US Presidential Medal of Freedom

  • US President Donald Trump awarded golfer Tiger Woods  the US’s Presidential Medal of Freedom, the country’s highest civilian honour.
  • The award described the 43-year-old as a true legend who transformed golf and then fought through years of injury to return to the sport’s summit.
  • He was awarded after his fifth Masters’ title. He became the fourth and youngest golfer to receive the prestigious award after other golfers Arnold Palmer, Jack Nicklaus, and Charlie Sifford.

14# Visa appoints Sujatha V Kumar as Head of Marketing for India and South Asia

  • Visa announced the appointment of Sujatha V Kumar as Head of Marketing for India and South Asia.
  • She will be driving overall marketing strategy and execution including consumer, retail and digital marketing initiatives for India and the emerging markets of Sri Lanka, Bangladesh, Nepal and the Maldives.

15# Mastercard to invest $1 billion in India over five years

  • Mastercard on announced a $1 billion investment in India over the next five years aimed at converting India into a vital node in the company’s infrastructure, and also to continue business expansion .


16#World Thalassaemia Day – 8th May

  • 8th May is observed as World Thalassaemia Day globally every year. The theme for 2019 was Universal access to quality thalassaemia healthcare services: Building bridges with and for the patient .
  • Thalassemias are inherited blood disorders characterized by abnormal hemoglobin production.

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