Current Affairs - May 7, 2017 Current Affairs

Lund University, Sweden has created a camera that can film at a rate equivalent to five trillion images per second. It is called FRAME (Frequency Recognition Algorithm for Multiple Exposures). It uses an innovative algorithm that exposes chemical reactions and biological processes to laser flashes instead of light.

Rajkiran Rai G is appointed as the MD and CEO of Union Bank of India. He was the MD and CEo of Oriental Bank of Commerce. He will be replacing Arun Tiwari, whose tenure ends in June.

nternational cricket council (ICC) tries to popularise women's cricket and also the upcoming 2017 World cup in England by increasing thre prize money to $2 million. The ICC also announced that, for the first time in the event's history, every match of the Women's World Cup would be broadcast either on television or live-streamed.

Newly-elected BAI President Himanta Biswa Sarma distributed the Rs 1.07 crore prize money to the top Indian shuttlers, including Saina Nehwal and PV Sindhu, for their success in international tournaments in the last few years. Sindhu was handed Rs 20 lakh for winning the 2016 Malaysia Masters.

The C919 single-aisle jet, which can hold up to 168 passengers was the first large Chinese-made passenger jet. The twin - engine 158 - 174 seat passenger jet made by state owned commercial Aircraft corporation it features several imported elements like German landing Gear and Austrian interior.

India Integrated Transport Summit signed MoUs Worth Rs 2 Lakh Crores. The sessions focused on six major themes that included Multi Modal Logistics Parks, New developments in Urban Transportation, Freight Corridors for Economic Development, Supply Chain Transformation- Storage Innovations, GST and Role of Digitization for Decongestion and Standards and Skills for Logistics.

Dr Jack Preger was named Philanthropist of The Year at a star-studded Asian Awards ceremony in London. The award recognises his extraordinary contribution in helping the poorest of the poor in Kolkata for the past 38 years. It is for the first time that a living person not of Asian origin has been honoured at the awards, though Mother Teresa received a posthumous award last year.

India has topped the list of Dubai's 100 tourist source markets for the second time, with a total of 1.8 million visitors as per the Annual Visitor Report 2016 released by Dubai's Department of Tourism and Commerce Marketing (Dubai Tourism).

Adolph Gustav Kiefer was an American competition swimmer, Olympic competitor, the last surviving gold medalist of the 1936 Summer Olympics. He was the first man in the world to swim the 100-yard backstroke in under one minute as a 16-year-old in the Illinois High School Championships of 1935.

External Affairs Minister SushmaSwaraj inaugurates the 8th HoM conference in New Delhi and Releases a booklet 'India surging ahead' on successful economic diplomacy. The four-day annual conclave is also expected to discuss major developments globally and how India should mould its policy to deal with them.