Current Affairs: 03 June 2019

Daily Current GK Update

03 June, 2019

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  1. SpiceJet Chairman Ajay Singh elected to IATA board

SpiceJet’s Chairman and Managing Director Ajay Singh elected to the board of the International Air Transport Association (IATA). The development comes less than three months after the airline joined the global group. Founder and former chairman of the now grounded Jet Airways Naresh Goyal was a member on the previous board.

Source: – Livemint


  1. ONGC overtakes Indian Oil to become most profitable PSU

Oil and gas producer ONGC has overtaken Indian Oil Corporation (IOC) to regain the tag of India’s most profitable Public Sector Undertaking (PSU). ONGC reported a 34% jump in its 2018-19 fiscal net profit to 26,716 crore compared to IOC’s 317,274 crore net profit during the same period. In the previous two financial years, ONGC lost the tag to IOC.

Source: – Livemint


  1. Ex-President Pratibha Patil conferred Mexico’s highest civilian honour

Former President Pratibha Devisingh Patil was conferred the ‘Orden Mexicana del Aguila Azteca’ (Mexican Order of the Aztec Eagle), Mexico’s highest civilian award given to foreigners. The Ambassador of Mexico to India conferred the award to Patil in Pune. She’s only the second Indian head of state, after late former President S Radhakrishnan, to get the award.

Source: – Hindustan Times


  1. Govt body ICMR recommends complete ban on e-cigarettes

On World No Tobacco Day (31 May), Indian Council of Medical Research (ICMR) recommended a complete ban on Electronic Nicotine Delivery Systems, including e-cigarettes, saying their use can initiate nicotine addiction among non-smokers. ICMR said e-cigarettes adversely affect the cardiovascular system, impair respiratory functions in a way similar to cigarette smoking and cause severe respiratory diseases.

Source: – Hindustan Times


  1. Direct Metro link between Delhi and Greater Noida cleared

The Greater Noida authority on Friday approved a 14-km Metro link that will directly connect Delhi and Greater Noida via the Blue Line. Although the link will be a part of the Delhi Metro network, it will reportedly be built by the Noida Metro Rail Corporation and funded by the Noida authority. The project is expected to cost 31,500-2,000 crore.

Source: – Hindustan Times


  1. US to end trade privileges for India on June 5

US President Donald Trump has said the country would end its preferential trade treatment for India on June 5. “I have determined that India has not assured the US that it will provide equitable and reasonable access to its markets,” Trump added. Notably, India is the biggest beneficiary of the US’ Generalized System of Preferences (GSP).

Source: – Hindustan Times


  1. British Airways resumes flights to Pakistan post 10-yr suspension

The British Airways on Sunday resumed flights to Pakistan, more than 10 years after a hotel bombing led to the route being suspended. The airline stopped flying to Pakistan after a bombing at the Marriott Hotel in Islamabad in September 2008, killing more than 50 people and injuring over 250. British Airways is the only western airline to serve Pakistan.

Source: – Reuters

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