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Daily Current Affairs-MAY 5-11,2018

May 5-11

Manipur Chief Minister N. Biren Singh launched 'Go to Village' mission throughout the state from Konuma ground. 


The 4th Regional Conference on ‘Futuristic, Resilient and Digital Infrastructure’ organized by the Ministry of Finance in collaboration with the Confederation of Indian Industry (CII), and Research and Information System for Developing Countries (RIS) concluded in Bengaluru.


NITI Aayog and IBM have signed a Statement of Intent (SoI) to develop a crop yield prediction model using Artificial Intelligence to provide real-time advisory to farmers in Aspirational Districts.



The 12th informal meeting of SAARC Finance Ministers was held in Manila, Philippines, on the sidelines of the 51st Annual Meeting of Asian Development Bank (ADB).



US state California's economy has surpassed that of the UK to become the world’s fifth largest, according to new federal data released. With a GDP of $2.7 trillion, California is now only behind the US, China, Japan and Germany.



The Swedish Academy has decided to postpone the 2018 Nobel Prize in Literature, with the intention of awarding it in 2019.


Shanghai Cooperation Organisation Secretary-General Rashid Kutbiddinovitch Alimov arrived in New Delhi to hold talks with External Affairs Minister Sushma Swaraj.



The Central Board of Direct Taxes (CBDT) notified the protocol amending the Double Taxation Avoidance Agreement (DTAA) between India and Kuwait.



India and Sri Lanka agreed on cooperation on exchange of information and other aspects to tackle smuggling of drugs in both countries.



Ministry of Skill Development and Entrepreneurship (MSDE) and Ministry of Rural Development (MoRD), together joined hands to amplify the “Gram Swaraj Abhiyaan” in Bhubaneswar, Odisha.



The Department of Empowerment of Persons with Disabilities (DEPwD) under Union Ministry of Social Justice and Empowerment organised a ‘Cochlear Implant Awareness Programme’ at Huda Convention Centre in Faridabad, Haryana.




Vladimir Putin was sworn-in as the President of Russia for the fourth time, renewing another six-year term in office.



The Reserve Bank of India (RBI) announced that it would buy Rs. 10,000 crore ($1.50 billion) of government bonds via open market operation (OMO).



India finished on top in the 7-nation 3rd South Asian Junior Athletics Championships in Colombo, Sri Lanka on the final day. India ended with 20 gold, 22 silver and 8 bronze medals (Total 50 Medals).



Veteran Marathi singer Arun Date, known for his popular song "Shukratara" had passed away in Mumbai. He was 84.Mr Date was very famous for non-film 'bhavgeet' (lyrical poetry) songs.



India has signed a loan deal worth $ 200 million with the World Bank for the National Nutrition Mission (POSHAN Abhiyaan).



 ‘1st Apex Conference for CEOs of Smart Cities’ was inaugurated in Bhopal.


NITI Aayog, Google Sign SoI to help grow AI Ecosystem in India.



India would be hosting the 15th Asia Media Summit (AMS-2018) in New Delhi. The theme of this summit is “Telling our Stories Asia and More”.



The Indian Space Research Organization has developed an atomic clock to be used in navigation satellites. It is supposed to measure precise location data.



India has ranked fourth out of 25 nations in the Asia-Pacific region on an index that measures their overall power.India has been pegged as a “giant of the future”.



The National Small Industries Corporation Limited (NSIC) signed an MoU with Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2018-19.



May 8 is celebrated globally as the World Red Cross Day. The day is celebrated on this day because it marks the birth anniversary of Henry Dunant, founder of the Red Cross and International Committee of the Red Cross (ICRC). World Red Cross Day theme of 2018 is “Memorable smiles from around the world”.



New York Attorney General Eric Schneiderman resigns.



Israel withdrew from a race against Germany and Belgium for two seats on the United Nations Security Council in 2019-20.



India’s total export of finished steel increased by 16.7% to 9.6 million tonnes, in 2017-18. The country exported 8.2 million tonnes finished steel during 2016-17 fiscal.


US-based retail giant Walmart has confirmed that it will buy 77% stake in India's largest e-commerce startup Flipkart for $16 billion. Walmart bought the stake in Flipkart for 16 billion dollars.The acquisition, which is the largest e-commerce deal in the world, will value the homegrown startup at a reported amount of $20.8 billion.



Prime Minister Narendra Modi has been ranked ninth on Forbes' 2018 list of 'the world's most powerful people'. Chinese President Xi Jinping ranked first, followed by Russian President Vladimir Putin and US President Donald Trump at the second and third rank, respectively.




The National Aeronautics and Space Administration (NASA) signed a space act agreement with Uber Technologies to explore concepts and technologies related to Urban Air Mobility (UAM) for future air transportation such as flying cars in populated areas.



UN Secretary-General Antonio Guterres announced to hold a climate summit in September 2019 in New York to review the commitments of the 2015 Paris Agreement on Climate Change.



Facebook has announced that the company's Vice President of Product Chris Daniels will be taking over Whatsapp after Co-founder Jan Koum announced his departure, recently.



Armenia’s parliament elected Nikol Pashinyan as a new prime minister.



Google had appointed Nitin Bawankule as the country head for its cloud business in India.



Carlos Alvarado was sworn in as the new President of Costa Rica. Alvarado is the country's youngest president in modern history. 



The 15th Asia Media Summit (AMS) has begun in New Delhi. The theme of the Summit is 'Telling our Stories - Asia and More'.



Union Minister of Electronics and Information Technology Ravi Shankar Prasad launched the website of Digital India Internship Scheme in New Delhi.



The 15th Finance Commission has constituted an advisory council to advise and assist the commission. The six-member council will be headed by the President of Forum for Strategic Initiatives, Arvind Virmani.



Smart City Mission (SCM), the Madhya Pradesh government launched the country's first Integrated Control and Command Centre (ICCC) for all seven smart cities of the state, in Bhopal.



China has successfully launched a hyperspectral imaging satellite 'Gaofen-5' for comprehensive observation of the atmosphere.



The 2018 World Robot Conference (WRC) will be held in Beijing, China in August 2018. 



Nisha Bhalla conferred with 'WEF 2018' Award.



India was ranked 6th on Global Optimism Index released as part of Grant Thornton’s International Business Report (IBR).The top five nations in the report are Austria, Finland, Indonesia, the Netherlands and the US.



The International Monetary Fund (IMF) reaffirmed that India will be the fastest-growing major economy in 2018, with a growth rate of 7.4% that rises to 7.8% in 2019.




In an effort to better secure and control Internet of Things (IoT) devices, Google has officially launched Android Things. 



Every year, `National Technology Day' is celebrated across India on May 11 to memorize the anniversary of Shakti, the Pokhran nuclear test held on 11 May 1998. Theme - “Science and Technology for a Sustainable Future”.



U.S.- India Aviation Summit held in Mumbai.



Telangana Government launches Rythu Bandhu scheme for farmers.



Indian Army’s month-long Vijay Prahar exercise concluded in Suratgarh, Rajasthan. It was conducted by South Western Command of Indian Army.



Arunachal Pradesh Chief Minister Pema Khandu inaugurated the state’s biggest solar power plant at Energy Awareness Park in the presence of Power Minister Tamiyo Taga in Itanagar.



The department of youth and cultural affairs of the Gujarat government will be co-organisers for the centenary celebrations to mark the independence of Poland in Delhi and other parts of the world.




Mahathir Mohamad was sworn in as Prime Minister of Malaysia.Ninety-two-year-old, Mahathir becomes the oldest Prime Minister in the world.



The Minister of State (I/C) for Tourism and Minister of State for Electronics and Information Technology, K. J. Alphons attended the Tourism Ministers’ conference by Shanghai Cooperation Organization (SCO) in Wuhan, China.



Indian Pavilion at the Cannes Film Festival 2018 was held at Cannes, France.




Chinese e-commerce giant Alibaba had purchased leading Pakistani online retailer 'Daraz'.



Indian tea industry has recorded the highest ever production as well as exports in FY18. The total tea production was 1325.05 million kgs.



YES Bank is Set to launch Water-Security Programme.



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