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Current Affairs May 2020 - CSEET

  1. India 53rd in budget transparency, accountability in IBP survey (Top- New Zealand)

  2. AIIA organises “AYURAKSHA” programme was organized for Delhi Police

  3. Ramayan On Doordarshan Creates World Record As The Highest Viewed Entertainment Program Globally

  4. Kashmiri Saffron Gets GI Tag

  5. Ravi Shankar Prasad attended an extraordinary virtual ‘G20 Digital Economy Ministers’ meet

  6. HP govt to launch ‘Mukhya Mantri Shahari Rojgar Guarantee Yojna ‘ for urban employment

  7. India for the 1st time has more internet users in rural areas than urban: IAMAI report

  8. Indian-origin girl Vaneeza names NASA’s 1st Mars helicopter as ‘Ingenuity’

  9. US President Trump nominates Indian-American lawyer Ashok Michael Pinto as US representative for IBRD

  10. Mustafa Al Kadhimi chosen as Iraq’s new Prime Minister

  11. Iran’s parliament introduces new currency, Toman, to tackle inflation

  12. Govt task force projects Rs 111 lakh cr infrastructure investment over five years to FY2025: Finance ministry

  13. Manulife picks 49% stake in Mahindra AMC for Rs 265 crore • RBI cancels licence of Mumbai-based CKP Cooperative Bank

  14. CCI approves BP Global’s proposed 49% acquisition of Reliance BP Mobility Limited

  15. CCI approves proposed acquisition of 100% shares and control of Tech Data Corporation by Tiger Midco LLC

  16. World Bank supports USD 400 million to improve coastal resources in India

  17. Finance Ministry internally projects FY21 GDP growth at 2-3%

  18. Icra expects India’s GDP 2% fall in FY21

  19. US-based Silver Lake buys 1.15% stake in Jio Platforms for Rs 5,656 cr

  20. Polycab India buys 50% stake in Ryker from Trafigura

  21. DBS Bank slashes India’s FY21 GDP forecast to 1%

  22. Nomura predicts Indian GDP for FY21 at -5.2%

  23. Moody’s pegs FY21 GDP growth at 0%

  24. Government of India & AIIB sign agreement for $500 million COVID-19 support for India

  25. Ramesh Babu appointed as NTPC director operations

  26. Giridhar Aramane assumed charge as Secretary, Ministry of Road Transport and Highways

  27. Yes Bank appointed Neeraj Dhawan as its Chief Risk Officer

  28. Lt Gen Raj Shukla assumes charge of ARTRAC

  29. The Ministry of Corporate Affairs (MCA) has constituted a seven-member committee to examine the comments received on the consultation paper floated by it for enhancing audit independence and accountability in the country.

  30. Max Bupa appoints Krishnan Ramachandran as MD & CEO

  31. IIT Bombay professor wins Young Career Award by the government for his work in nano science

  32. Number of Tigers in the Sundarbans Rises From 88 to 96

  33. IIM-Bangalore only Indian institute in top 50 of FT Executive Education Ranking

  34. SC orders setting up of high-powered committee to consider restoration of 4G internet services in J&K

  35. IIT-Guwahati organized Poster Making Competition under Ek Bharat Shreshtha Bharat Campaign

  36. Jaishankar participates in virtual SCO Foreign Ministers meet on COVID-19

  37. Nabard disburses ₹12,767 cr to State Co-op Banks, RRBs

  38. Vista Equity Partners picks 2.32% stake in Jio Platforms for Rs 11,367 cr

  39. Goldman Sachs slashes India’s GDP growth forecast for 2020-21 to -0.4%

  40. Carlyle to buy 74% stake in SeQuent for Rs 1,587 crore

  41. India Raises FY21 Gross Borrowing Target To Rs 12 Lakh Crore

  42. Centre releases Rs 6,195 crore to 14 states as additional resources to fight virus’ impact

  43. BRICS’ New Development Bank provides USD 1 billion loan to India to fight COVID-19

  44. India to grow at 1.2% in CY20, global GDP to shrink by 3.2%, says UN

  45. Federal Bank, MoneyGram tie up for direct-to-bank account credit service

  46. World Bank approves $1 billion loan to support India’s fight against COVID-19

  47. Wipro CEO Abidali Neemuchwala to step down

  48. Patanjali’s digital platform OrderMe starts with 10K daily transaction

  49. Maruti Suzuki ties-up with Cholamandalam Investment & Finance to launch ‘Buy Now Pay Later’ offer

  50. RITES signs pact to acquire 24% stake in Indian Railway Station Development

  51. PFC signs MoU with NBPCL to fund projects worth ₹ 22,000 crore for 225 MW hydro-electric projects in MP

  52. Infosys partners with a Switzerland-based wealth management software provider

  53. India’s GDP growth seen at (-) 6.8% for FY21: SBI report

  54. Fintech startup Zaggle joins hands with Visa to launch payment solutions for SMEs

  55. India’s GDP to contract by 5% in FY21: Crisil

  56. Fitch projects Indian economy to contract 5% this fiscal

  57. ADB, India sign $177 million loan for state road improvements in Maharashtra

  58. Sebi imposes a penalty of Rs 7 lacs on NHAI for disclosure lapses

  59. S&P projects Indian economy to contract 5% in FY21

  60. Ola Electric acquires Etergo, to launch electric two wheeler in 2021

  61. ITC to acquire 100% equity share capital of Sunrise Foods

  62. Flipkart, Karnataka Mango Board tie up to help farmers sell online

  63. FDI in India jumps 13% to record USD 49.98 bn in 2019-20

  64. Facebook launches Collab, app that lets you make short music videos like TIKTOK

  65. Microsoft investing $2 billion in Reliance Jio for a 2.5% stake.

  66. Vakrangee ties up with LIC for micro insurance products

  67. Fiscal deficit widens to 4.6% of GDP in 2019-20

  68. RBI slaps penalties on Bank of India (5cr), Karnataka Bank (1.2cr), Saraswat Cooperative Bank for non-compliance (30lacs)

  69. NABARD sanctions Rs 1,050 crore credit support to West Bengal

  70. India’s GDP growth slows to 11-year low of 4.2 per cent in 2019- 20: National statistical office

  71. Abhas Jha has been appointed by the World Bank to a key position on climate change and disaster management in South Asia

  72. Brazil’s Marcos Troyjo is NDB’s new President, India’s Anil Kishora is VP

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