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English Current Affairs 10-05-2018

English Current Affairs 10-05-2018

English Current Affairs 10-05-2018

National News

->  President Ram Nath Kovind has given his assent to Delhi government’s proposed Bill to amend the Minimum Wages Act.

->  India and Panama have signed 2 agreements on the exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture.

->  Indian Pharmacopoeia Commission has approved modern, animal-free tests for drug manufacturers. As per the new guidelines that will come into effect from July 1, 2018

->  More than a decade after A.P.J. Abdul Kalam became the first President to visit the Siachen glacier, President Ram Nath Kovind will visit the area on Thursday.

->  Nepal Government has granted power generation licence to Indian government-owned subsidiary Satluj Jal Vidyut Nigam Ltd (SJVNL) from a 900-megawatt (MW) Arun-3 Hydropower Project located in eastern Nepal.

International News

->  China has successfully launched a hyperspectral imaging satellite for comprehensive observation of the atmosphere, including air pollution which is one of the country’s major problems.

->  Forbes has released a list of “The World’s Most Powerful People 2018” which consists of 75 men and women.Xi Jinping, General Secretary of the Communist Party of China, seizes the top spot for the first time ever.

Economy

->  The International Monetary Fund, IMF has reaffirmed that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that will further rise to 7.8 per cent in 2019.

->  US-based retail giant Walmart confirmed that it will buy 77% stake in India’s largest e-commerce startup Flipkart for $16 billion.

Science & Technology

->  The National Aeronautics and Space Administration (NASA) signed a space act agreement with Uber Technologies to explore concepts and technologies related to Urban Air Mobility (UAM) for future air transportation such as flying cars in populated areas.

Defence

->  The Indian Army’s ‘Vijay Prahar’ exercise in which over 25,000 troops of the Jaipur based South Western command participated concluded in Rajasthan’s Suratgarh.

Appointment

->  Journalist Carlos Alvarado has been sworn in as 48th President of Costa Rica. At 39, Alvarado is the country’s youngest president in modern history.

->  Facebook announced that the company’s Vice President of Product Chris Daniels will be taking over Whatsapp after Co-founder Jan Koum announced his departure, recently.

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