Current Affairs - May 10, 2017 Current Affairs

The Reserve Bank of India (RBI) will introduce new batches for settlement of payments through the National Electronic Funds Transfer (NEFT) to ensure better service for customers. The aditional 11 settlement batches at half- hourly intervals will be introduced from 10 July, beginning from 8.30 am till 6.30 pm.

Twitter India has appointed Taranjeet Singh as Country Director for India. Singh will lead the Twitter India team by driving an integrated business strategy and spearheading cross-functional collaboration to accelerate Twitter's audience and revenue growth in this key growth market.

French professional footballer N'Golo Kante won the 2017 Footballer of the Year by the Football Writers Association(FWA).

Emma Watson won the first Genderless Acting Award for the Best Actor category at the MTV Movie and TV Awards.

Chairman and Managing Director of Malayalam daily Mathrubhumi M P Veerendra Kumar won the seventh K Chandrasekharan Memorial Award for his contribution to the nation as a socialist. Former Kerala chief minister Oommen Chandy presented the award, instituted by Kasargod-based Chandrasekharan Memorial Trust, in memory of socialist leader K Chandrasekharan.

State Bank of India (SBI) cut rates on home loans of up to Rs30 lakh by 25 basis points for new borrowers. The rate was reduced to 8.35% from 8.60%-the second time in 2017 that India's largest lender has slashed home loan rates after an effective 50 basis point to capitalize on demand generated by government efforts to spur affordable housing.

Sohail Mahmood was appointed as Pakistan's new envoy to India. Mahmood currently Pakistan's ambassador in Turkey. He will replace Abdul Basit who has already completed his three-year tenure in New Delhi.

Techmagnate, a leading Digital Marketing Agency acquired BlogX, India's fastest growing blog conference and networking platform for the blogging community where bloggers and content managers connect.

Former India captain Jhulan Goswami become the leading wicket-taker in Women's One-Day International (ODI) cricket, taking 181 wickets from 153 outings. With 271 International wickets (Tests, ODIs and T20I), Goswami, who was once the fastest bowler in women's cricket. She was conferred with the Arjuna Award in 2010.

India has again emerged as one of the top ODA (Official Development Assistance) donors to Nepal, clawing its way back to the list of top 5 bilateral development partners of the country. India disbursed US $ 35.76 million from July 16 2015 to July 15 2016 to claim its place among the top 5 bilateral development partners of Nepal. This is 3.33 per cent of total ODA received by Nepal in the year.

Best Film: Hotel Salvation (Mukti Bhawan) won the Best Film at the New York Indian Film Festival (NYIFF). It is a movie about a man who accompanies his father on a journey to Varanasi and end the cycle of rebirth, by attaining salvation.

NDTV was awarded the 'MEDIA FOR SANITATION' award at the ISC-FICCI SANITATION AWARDS 2017 in New Delhi for its flagship campaign on sanitation i.e. the Banega Swachh India Campaign that was launched in September 2014 with Dettol. The aim of the campaign is to work towards Prime Minister Narendra Modi's Swachh Bharat Abhiyan's goal of an open defecation free India by 2019.

World Migratory Bird Day is an annual, global awareness-raising campaign highlighting the need for the conservation of migratory birds and their habitats. It is celebrated on 10th May, "Their Future is our Future" is the theme of World Migratory Bird Day 2017.

The Union Government has approved the underground metro extension from Najafgarh to Dhansa Bus stand in the next three years at a cost of Rs 565 crores. Najafgarh-Dhansa Bus stand Metro Extension is estimated to the travel needs of an additional 10,000 passengers daily.

Apple recently touched $800 billion market valuation, making it the world's first ever company to hit the milestone. At $800 billion, Apple's valuation was higher than the combined market cap of all the 30 Sensex companies. The world's most valuable company, Apple is followed by Google parent Alphabet, and Microsoft in market valuation.