Current Affairs: 21 May 2019

Daily Current GK Update

21 May, 2019

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  1. India, Singapore conduct SIMBEX-19 naval exercise in the South China Sea

The 26th Edition of Singapore India Maritime Bilateral Exercise (SIMBEX)-19 has commenced in the South China Sea. In addition to IN Ships Kolkata and Shakti, Long Range Maritime Patrol Aircraft P8l will also participate in the exercise.

The naval exercise will include various maritime combat drills such as advanced aerial tracking, coordinated targeting tactical exercises and weapon firing on aerial and surface targets.

Source: – Business Standard


  1. Indian short film wins Nespresso Talents Award in Cannes

Indian filmmaker, Achyutanand Dwivedi’s film, “Seed Mother”, won the third prize in the international section of Nespresso Talents 2019 in Cannes. The three-minute film celebrates the exceptional spirit of Rahibai Soma Popere, a woman who champions the use of local seeds and traditional methods of farming in villages of Maharashtra.

This year’s theme was ‘We Are What We Eat’, aimed at exploring the world, experiencing diversity, and sharing experiences and knowledge through food.

Source: – News on AIR


  1. HDFC Capital launches ‘HEART’ to mentor real estate technology companies

HDFC Capital Advisors, a wholly-owned subsidiary of HDFC Ltd, launched a new initiative called HDFC Affordable Real Estate and Technology Program (HEART). It aims to mentor, partner and invest in real estate technology companies that drive innovation and efficiencies within the affordable housing ecosystem.

Source: – The Hindu Business Line


  1. Kerala becomes 1st Indian State to tap into Masala Bond market

Kerala became the first state to tap into masala bond market by listing the Kerala Infrastructure Investment Fund Board (KIIFB)’s masala bond worth of USD 312 million (Rs 2,150 crore) in London Stock Exchange (LSE)’s International Securities Market (ISM).

It has a fixed interest rate of 9.723% per annum. The bond issue builds on the Kerala government’s focus to get multinational corporations to invest in the state.

Source: – Indian Express


  1. Meghalaya government approves setting up of Farmers’ Commission

The Meghalaya government has approved setting up of a commission to look into the problem faced by farmers. The proposal was made by the Agriculture Department to set up the Farmers’ Commission in line with the resolution passed at the ‘farmers’ parliament’.

The ‘farmers’ parliament’, first of its kind in the country, was organised in December 2018 and was attended by scientists, bureaucrats, apart from farmers, to discuss issues related to the agri situation in the state.

Source: – Business Standard


  1. Anil Kapoor felicitated by European Chambers of Commerce in India

Anil Kapoor was felicitated by Council of European Chambers of Commerce in India and a European Union delegation in Mumbai. He was awarded because of his continuous support in promoting the cause of children’s rights.

The event also marked the celebration of EU Day 2019 on 17th May. Anil Kapoor, who has been working in collaboration with Plan India, a child rights organisation, was the guest of honour at the event.

Source: – Business Standard


  1. BFA Launches 2 new formats of game, Air Badminton & Triples

The world body governing Badminton, BFA, has launched two new formats of the game Air Badminton and Triples with new dimensions of the court and an innovative shuttlecock called Airshuttle. Traditional competitive badminton has been an indoor game.

Air Badmintion will be outdoor sports. In Triples format, the match will be played between a team of three players each with the presence of at least one female. India’s top shuttlers have endorsed Air Badminton.

Source: – News on AIR


  1. World Bee Day observed on 20th May

To raise awareness of the importance of pollinators (such as bees, butterflies, bats and hummingbirds), the threats they face and their contribution to sustainable development, the UN designated 20 May as World Bee Day.

20 May coincides with the birthday of Anton Janša, who in the 18th century pioneered modern beekeeping techniques in his native Slovenia and praised the bees for their ability to work so hard, while needing so little attention.

Source: – The United Nations

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