1. RBI Announces the roll out of a New Digital Payment Index
- By July 2020.
- It will assess and capture the extent of digitalization of payments effectively.
- Fiscal deficit is budgeted to decline to 3.5% of GDP for 2020-21.
- MPEDA proposes Rs 2500 crore project to modernise fishing harbours.
- (MPEDA) : Marine Products Export Development Authority.
- Upgradation and modernisation 25 fishing harbours in the country.
2. Philip Barton appointed Britain’s new High Commissioner to India
- succeed Dominic Asquith.
- He joined the FCO in 1986 and is a career diplomat.
- He was Private Secretary to PMs John Major and Tony Blair.
3. Airbus signs aircraft services MoU with Adani Defence and Aerospace
- to leverage synergies in aerospace and aircraft services.
- Airbus India President and MD : Anand Stanley.
4. NASA astronaut Christina Koch returns to Earth after record-setting stay in space
- Koch returned after an 11-month mission.
- Spent 328 days on International Space Station (ISS).
- Breaks the world record for the most time spent by a woman in space
- She surpassed the record of American Peggy Whitson (289 days).
5. China starts clinical trial for remdesivir medicine in coronavirus treatment
- A 68-year-old male patient with serious symptoms was the first to be given the drug.
- Remdesivir, an antiviral drug, a novel nucleotide analog prodrug.
6. IIT-Hyderabad researchers make headway in potential treatment of ALS
- ALS is a rare & debilitating neurodegenerative disorder that affects the voluntary movement of the muscles.
- ALS is also known as Lou Gehrig’s disease.
7. Cooperative banks to come under RBI watch
- The Union Cabinet approved an amendment to the Banking Regulation Act.
- To prevent a repeat of Punjab and Maharashtra Cooperative Bank-like crisis.
- There are 1,540 cooperative banks with a depositor base of 8.6cr.
8. SAI (Sport Authority of India) & Hockey India launch High Performance Centres
- Centres in 7 places to provide state-of-the-art facilities to Junior & Sub-Junior players.
- aimed at grooming young talent in view of 2024 & 2028 Olympic Games.
- SAI HQ- New Delhi.
- Hockey India HQ- New Delhi.
9. Hollywood veteran actor Kirk Douglas passes away in US
- Kirk Douglas passed away at 103 in California
- He was prolific as a film actor, with more than 90 credits to his name – ranging over 6 decades from the 1940s to the 2000s.
- He is best-known for his role as Spartacus.
- He earned 1st Oscar nomination for 1949 boxing story-Champion.
10. LinkedIn CEO Jeff Weiner steps down after 11-year stint
- Jeff Weiner announced that his 11-year stint as CEO of the company will end on May 31.
- He will join the LinkedIn board as its executive chairman.
- he will be replaced in the role by Ryan Roslansky, who is currently the vice president of products.
- Microsoft is LinkedIn’s parent company.