Current Affairs – May 12, 2018

Current affairs banner May 12 2018 - Current Affairs – May 12, 2018

PM Modi arrives in Nepal on a two-day visit

1cc 11 - Current Affairs – May 12, 2018
After a hectic poll campaign in Karnataka, Prime Minister Narendra Modi kicked off his two-day Nepal visit on 11th May. PM Modi and his Nepalese counterpart KP Sharma Oli on Friday jointly inaugurated a direct bus service between Janakpur and Ayodhya, the two sacred cities for Hindus. The Ramayan Circuit Bus Route that connects Janakpur, 225 km from capital Kathmandu, to Ayodhya. On the 12th morning, he visited the iconic Muktinath temple in Nepal. He will visit Pashupatinath temple later in the day and will meet political leaders in Nepal.

World Migratory Bird Day: Second Saturday of May & October (12th May)

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With “Unifying our Voices for Bird Conservation” as its theme for 2018, in the “Year of the Bird“, WMBD is focusing clearly and strongly on the development of its new identity and the need for people celebrating WMBD around the world to communicate and learn from each other, across borders, within and between the world’s flyways.

National Technology Day: 11th May

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Every year, 11th May is observed as ‘National Technology Day’ in India to commemorate major technological breakthroughs attained on 11th May 1998. On 11th May 1998, India successfully carried out nuclear tests at Pokhran, Rajasthan (under Operation ‘Shakti’), flew its first, indigenous aircraft “Hansa-3” and also performed successful test firing of the Trishul missile. These breakthroughs on a single day demonstrated India’s capability as an advancing technological power in the international domain and thus 11th May was chosen to be commemorated as National Technology Day.

President unveils India’s first Lithium-Ion charger

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President Ram Nath Kovind unveiled India’s first, indigenous lithium-ion battery charger, developed by Ampere Vehicles here today. The unveiling event took place on the occasion of National Technology Day. The event was dedicated to recognize the indigenous technologies, with this year’s theme being -‘Commercialising Indigenous Technologies: Journey from Benchside to Business’. Dr. Harsh Vardhan, Minister of Science and Technology, was also present during the event, amidst nearly 1000 scientists, technocrats, academicians, students and industry persons.

Parliamentary panel to look into black money recovery, the performance of public sector banks

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A parliamentary panel headed by veteran BJP leader Murali Manohar Joshi recently decided to study the recovery of black money and performance of public sector banks among a host of subjects. The 30-member Estimates Committee, in a meeting, decided to study a host of subjects related to various ministries in the year 2018-19. As per the memorandum of the committee, the panel will look into the import of uranium for nuclear plants, mining activities and environment, upgrading of India Post offices and the drought situation in the country among other matters.

Industrial growth slows to a 5-month low of 4.4 percent in March

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Industrial output growth slowed to a five-month low in March due to sluggish manufacturing, mining and capital goods performance, posing a challenge for policymakers to push growth in the key sectors. Data released by the Central Statistics Office (CSO) on Friday showed the index of industrial production (IIP) rose an annual 4.4% in March, slower than previous month’s downwardly revised 7% expansion and similar to 4.4% growth in the same month last year. Industrial growth for 2017-18 stood at 4.3%, lower than 4.6% posted in the previous year.

Bangladesh enters space as SpaceX propels Bangabandhu-1 to orbit

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Bangabandhu-1 satellite was scheduled to be launched early 11th May Bangladesh time but it was postponed as the Falcon-9 rocket of launching company SpaceX auto aborted following a minor error 58 seconds prior to lifting off. State Minister for ICT Zunaid Ahmed Palak, who is in Florida to witness the launch, said the satellite would be launched 36,000km up 11th May with the newly-built Falcon-9 from Cape Canaveral, Florida. The launcher also kept a backup launch opportunity for 12th May [BST] if the launch had to be canceled again.

Exhibition- ‘India & The World – A History in Nine Stories’ opened at New Delhi

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Ministerial Opening of the exhibition ‘India & The World – A History in Nine Stories’ by Hon’ble Minister of State for Culture (I/c) and Minister of State for Environment, Forests and Climate Change, Govt of India, Dr. Mahesh Sharma and UK Secretary of State for Digital, Culture, Media and Sport, The Rt Hon. Matt Hancock MP was held today at the National Museum auditorium, New Delhi. Dr. Alexander Evans, deputy High Commissioner, British High Commission, New Delhi, Mr. Hartwig Fischer, Director, British Museum, Dr. B.R.Mani, Director General, National Museum, were also present at the event.

Prof Muhammad Yunus conferred KISS Humanitarian Award 2018

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Nobel laureate and noted economist Muhammad Yunus today called for imagining a system that creates wealth for everybody in the world. Yunus, who is the founder of Grameen Bank and known as the Father of Microfinance, said that 99 percent of world’s population owns only one percent of the wealth and said wealth for everyone can be created through imagination. “In India, the privileged one percent is holding 73 percent of the wealth,” he said after being honored with the 11th Kalinga Institute of Social Sciences (KISS) Humanitarian Award 2018 at a function held here.

Learn Two a Day:
Pachmarhi Biosphere Reserve: Madhya Pradesh
Buxa Tiger Reserve: West Bengal

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