Current Affairs May 2023

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Mr. Dubey • 51.17K Points
Coach

Justice Rao Sworn In As Himachal pradesh High Court CJ

Justice Mamidanna Satya Ratna Sri Ramachandra Rao has officially become the 28th Chief Justice of the Himachal Pradesh High Court. In a ceremony held at the Raj Bhawan, Governor Shiv Pratap Shukla administered the oath of office to Justice Rao.

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Mr. Dubey • 51.17K Points
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Nigeria: Bola Tinubu Sworn in as President

Bola Tinubu was sworn in as the President of Nigeria on May 29, amidst mounting pressure to address the country’s persistent economic and security issues.
The inauguration ceremony, held at Eagles Square in the capital city of Abuja, was attended by both local and foreign dignitaries.

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Mayank • 239 Points
Hard Worker

Indian Commonwealth Day 2023 observed on 24th May

Commonwealth Day is a worldwide celebration that takes place every year on March 13, although India and certain other countries mark it on May 24. The theme for this year’s Commonwealth Day is “Forging a Sustainable and Peaceful Common Future.”
Commonly known as Empire Day, the occasion aims to bring together 2.5 billion citizens of the Commonwealth to recognize their shared values and principles. It also emphasizes the importance of working together towards a sustainable and peaceful future for all.

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Mayank • 239 Points
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Axiom Space’s Private Astronaut Mission to Test Cancer Drugs in Space

Axiom Space, a private space habitat company, recently launched their latest mission, Axiom Mission 2 (Ax-2), to the International Space Station (ISS).
This mission aims to conduct experiments on human stem cell ageing, inflammation, and cancer in the unique microgravity environment of space.
The findings from these experiments not only contribute to the well-being of astronauts but also hold potential for advancing cancer treatment on Earth.

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Mayank • 239 Points
Hard Worker

Third Edition of Khelo India Games Kicks Off in Uttar Pradesh

The highly anticipated third edition of the Khelo India University Games (KIUG) has commenced in Uttar Pradesh, marking a significant milestone in the state’s sporting endeavors.
With over 4,000 athletes and officials from 207 universities across the country participating in 21 disciplines, the event is set to span 12 action-packed days. While the majority of events will take place in five cities of Uttar Pradesh, the shooting competitions will be held in New Delhi.

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Mayank • 239 Points
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Logo and Theme of India’s G20 Presidency: Navigating Global Challenges Together

India’s presidency of the Group of Twenty (G20) holds immense significance as it assumes a central role in shaping global economic policies and addressing critical global challenges. As a platform that brings together the world’s major economies, the G20 represents a unique opportunity for India to lead global discussions and drive impactful change.
The theme chosen for India’s G20 Presidency, “Navigating Global Challenges Together,” reflects the nation’s commitment to fostering international cooperation in addressing pressing global issues.

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Mayank • 239 Points
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Digital India Programme: National e-Vidhan Application (NeVA)

The Ministry of Parliamentary Affairs is planning to host a two-day National Workshop on the National e-Vidhan Application (NeVA) on May 24th and 25th, 2023. The workshop will take place at the Convention Hall, The Hotel Ashok, in New Delhi.
The main objective of this workshop is to promote the adoption of the NeVA platform by all State and Union Territory Legislatures. By utilizing technology, the aim is to bring transparency, accountability, and responsiveness to their legislative proceedings.

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Mayank • 239 Points
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AFSPA in News: Assam CM Aims to Withdraw AFSPA by End of 2023

AFSPA, which stands for the Armed Forces (Special Powers) Act, is a controversial legislation in India that grants special powers and immunity to the armed forces deployed in “disturbed areas.”
It was enacted by the Indian Parliament in 1958 to combat separatist movements and insurgencies in certain regions of the country.

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Mayank • 239 Points
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RBI Projects Robust Economic Growth in India, Expects Q1 GDP Growth at 7.6%

The Reserve Bank of India (RBI) has announced its economic activity index nowcast, forecasting a strong GDP growth rate of 7.6% for the first quarter of the fiscal year 2023-2024 (Q1 FY24). The central bank’s analysis indicates that India’s domestic economic conditions have sustained the momentum witnessed in the previous quarter of FY23.
The overall economic activity, as captured by the RBI’s index, remains resilient. This article delves into the key factors contributing to this positive outlook and highlights the potential areas of growth.

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Mayank • 239 Points
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Paytm Money Launches Bonds Platform, Making Investing Easier for Retail Investors

Paytm Money, a subsidiary of One97 Communications, the parent entity of Paytm, has recently announced the launch of a bonds platform for retail investors in India.
This new platform aims to provide investors with a comprehensive and user-friendly interface to invest in government, corporate, and tax-free bonds.

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