Current Affairs - May 9, 2017 Current Affairs

Edelweiss Tokio launched India's first and the simplest life insurance product that can be bought at a point of sale (PoS). PoS is the Saral Nivesh the first product to be approved by the Insurance Regulatory and Development Authority of India's (IRDA) guidelines on point of sale life products.

Venu Rajamony appointed as India's Ambassador to the Kingdom of the Netherlands. He was Joint Secretary and head of Multilateral Institutions Division in the Finance Ministry's Department of Economic Affairs, responsible for formulating India's policies towards the International Monetary Fund, the World Bank, the Asian Development Bank, the African Development Bank and the International Fund for Agricultural Development.

The Maharashtra government banned the sale of junk food in school canteens. The decision has been taken looking at childhood obesity and related diseases. The suggested alternatives include chapatis, rice, vegetables and pulses, rajma, wheat upma, khichdi, payasam, idli and vada sambar, coconut water, lemonade and jaljeera.

Mumbai Airport named "Chhatrapati Shivaji International Airport" has been renamed as "Chhatrapati Shivaji Maharaj International Airport". The airport is India's biggest International and domestic hub.

The Department of Industrial Policy and Promotion (DIPP) and World Intellectual Property Organisation (WIPO) have signed an agreement to establish Technology and Innovation Support Centres (TISC) that would help innovators in developing countries exploit their potential. It provides innovators in developing countries with access to locally based, high-quality technology information and related services, helping them to exploit their innovative potential and to create, protect, and manage their intellectual property (IP) rights.

Devender Singh become the second Indian after Neeraj Chopra for the junior world javelin champion - to qualify for the world championships to be held in London. Devender won the Indian Grand Prix first leg with a throw of 84.57m, meeting the qualifying mark of 83m.

International Monetary Fund(IMF) told India's growth is expected to rebound to 7.2 per cent in the 2017-18 fiscal and 7.7 per cent in 2018-19 after disruptions caused by demonetisation. They also report the investment recovery is expected to remain modest and uneven across sectors as deleveraging takes place and industrial capacity utilisation picks up.

Western Railway's "Elphinstone Road station" has been rechristened as 'Prabhadevi' station and the Mumbai's iconic railway station, "Chhatrapati Shivaji Terminus" (CST) renamed to "Chhatrapati Shivaji Maharaj Terminus" (CSMT) by the Central Govt.

Jharkhand and Oracle signed a Memorandum of Understanding (MoU) to improve cloud-based citizen services and to make Jharkhand an attractive destination for start-ups. Oracle's cloud services will be used to support the State by providing transparent governance and adding the tech giant's expertise in areas of ICT infrastructure, real estate, health, education, housing for Ranchi smart city project.

Jordan and the United States conducted annual military exercises known as "Eager Lion" with about 7,400 troops from more than 20 nations. For the first time ever a global strike mission" will be conducted by two US Air Force B-1B bomber aircraft - a long-range multi-mission bomber.

The Chief Minister of Haryana Manohar Lal Khattar decided to gather a detailed data of every resident and issue a sleek identity for every house in Haryana. The main objective of this scheme is to get details of land holdings and status of facilities such as social security pension, scholarship,MGNREGA, loans and LPG connection.

US President Donald Trump nominated Indian-American Neil Chatterjee as a Member of Federal Energy Regulatory Commission (FERC). He is the second Indian American appointed by Donald Trump to a major regulatory position. FERC is an agency responsible for overseeing America's power grid and deciding on multibillion-dollar energy projects.

Odisha Chief Minister Naveen Patnaik released the logo and mascot of the 22nd Asian Athletics Championships. It is scheduled to be held at the Kalinga Stadium in Bhubaneshwar from July 6 to 9, 2017. More than 700 athletes from around 45 countries would participate in 42 events ? 21 for men and 21 for women.

The name of the mascot is Olly Turtle, describe the Olive Ridley turtles as Odisha's Gahirmatha beach is a prime mass nesting site for the endangered species. The mascot was introduced by Odisha Chief Minister Naveen Patnaik.

Japan and India are going to strengthen their military cooperation amid rising tension in the Asian region. Defence minister Arun Jaitley told his Japanese counterpart, Tomomi Inada in Tokyo that India hopes to pursue a strategic partnership with Japan for regional peace and stability.