International No Diet Day 06 May
International No Diet Day is observed on May 6, and its symbol is a light blue ribbon. It is an annual celebration of body acceptance, including fat acceptance and body shape diversity. It means recognising that your body is beautiful exactly as it is and worry less about your weight, body shape and more about being healthy and active.
World’s largest aeroplane by Stratolaunch completes test flight
The world’s largest aeroplane, designed to transport hypersonic vehicles and facilitate easy access to space, soared into clear skies over California’s Mojave Desert. The company Stratolaunch designed it to transport hypersonic vehicles and facilitate easy access to space.
The aircraft named ‘Roc’ features a twin-fuselage design and the longest wingspan ever flown, at 385 feet (117 m), surpassing the Hughes H-4 Hercules flying boat of 321 feet (98 m). The Stratolaunch is intended to carry a 550,000-pound payload and will be able to launch rockets from high altitude.
Stratolaunch Headquarters: Mojave, California, USA;
Stratolaunch CEO & President: Jean Floyd
RBI Announces Term Liquidity Facility of Rs. 50,000 Crore For Healthcare
The Reserve Bank of India (RBI) Governor Shaktikanta Das has announced a Covid-19 healthcare package of Rs 50,000 crore, for lending to entities such as vaccine makers, medical equipment suppliers, hospitals and related sectors, besides the patients in need of funds for treatment.
About the Covid-19 healthcare package:
The new on-tap special liquidity facility of Rs 50,000 crore will be made available to the banks at the repo rate, for access to emergency health security amid the economic stress due to the second wave of Covid-19 in India.
Banks can give loans under this facility till March 31, 2022. This Covid loan will be provided for a tenure of up to 3 years and will be classified as a priority sector loan till repayment or maturity.
About the Covid loan book mechanism
Besides, a Covid loan book mechanism has also been announced for banks, where banks will have an option to place an equivalent amount as lend to borrowers, with RBI at the reverse repo rate plus 40 basis points.
This means that if banks lend Rs 50,000 crore to the borrowers and the equivalent amount of Rs 50,000 crore of surplus funds of the system is put in the reverse repo with RBI, they can earn 3.75 per cent instead of 3.35 per cent.
About the long-term repo operation (LTRO)
A special long-term repo operation (LTRO) has been announced for small finance banks (SFBs) worth Rs 10,000 crore, to provide further lending support to NBFC-microfinance institutions (MFIs) and other MFIs (Societies, Trusts etc.) which are members of RBI recognised ‘Self-Regulatory Organisation’. These MFIs must have an asset size of Rs 500 crore, as of 31 March 2021.
S&P Revises India’s GDP Growth Forecast to 9.8% for FY22
The US-based S&P Global Ratings has lowered the GDP growth forecast of the Indian economy to 9.8 per cent for the financial year 2021-22 (FY22). The US-based rating agency in March had an 11 per cent GDP growth forecast for India for April 2021-March 2022 fiscal. on account of a fast economic reopening and fiscal stimulus.
India, UK unveil 10 year roadmap for Bilateral Trade Partnership
The Prime Minister of India, Shri Narendra Modi and his British counterpart Boris Johnson held a virtual Summit meeting. During the Summit meeting, both the leaders unveiled an ambitious 10-year road map to elevate the India-UK bilateral relationship to a comprehensive strategic partnership. The UK prime minister Boris Johnson announced a new India-UK trade investment worth £1 billion.
Apart from this, India and the UK inked nine pacts.
These pacts were in areas such as migration and mobility, digital and technology, telecommunications, energy and medicines, counter-terrorism, besides agreeing to boost collaboration in dealing with climate change through a new partnership on renewables and power.
They also launched Enhanced Trade Partnership, which included negotiation for a comprehensive Free Trade Agreement (FTA), including consideration of an interim trade agreement to deliver early gains.
The two nations set an ambitious target of more than doubling bilateral trade by 2030.
AICF launches Checkmate Covid Initiative
The All India Chess Federation has launched the 'Checkmate Covid Initiative' to help the chess community affected by the pandemic. The initiative was launched at an online event in the presence of FIDE (World Chess Federation) president Arkady Dvorkovich, five-time world champion Viswanathan Anand, World Rapid Chess Champion Koneru Humpy, AICF president Sanjay Kapoor and secretary Bharat Singh Chauhan.
The idea is to not just help the chess community affected by COVID through financial aid, but also have a team of doctors that works round-the-clock to provide the right assistance.
All India Chess Federation President: Sanjay Kapoor;
All India Chess Federation Headquarters location: Chennai;
All India Chess Federation Founded: 1951
Nation’s first ‘Drive in Vaccination Center’ unveiled in Mumbai
The Nation’s first ‘Drive in Vaccination Center’ was inaugurated by MP Rahul Shewale in Mumbai. This center has been set up in the parking lot of Kohinoor Square Tower at Dadar. This first of its kind ‘Drive-in Vaccination Center’ facility has been made available to the citizens at a time when people with disabilities are facing difficulties in getting to the vaccination center.
The center also provides transportation facilities to the citizens who do not have their own vehicles. The vaccination has been started and the facility is available for all sections of society. MP Rahul Shewale informed that this facility will be provided in other multi-parking lots in the city, after assessing the success of this first project.
Maharashtra Governor: Bhagat Singh Koshyari.
Maharashtra Capital: Mumbai.
Maharashtra CM: Uddhav Thackeray.
RM Sundaram appointed as Director of Indian Institute of Rice Research
Raman Meenakshi Sundaram has been appointed as Director of the Indian Institute of Rice Research (IIRR), an arm of the Indian Council of Agricultural Research. Prior to this elevation, he was working as Principal Scientist (Biotechnology) at the institute crop Improvement Section.
He is a scientist of global repute working in the area of rice biotechnology, molecular breeding, and genomics and has over 160 research papers in national and international journals of repute and has published several books, book chapters and popular articles.
Sundaram’s research accomplishments include the development of one of the first biotechnology products in rice, Improved Samba Mahsuri, which is high yielding, is of fine-grain type, has a low glycaemic index and is highly resistant to bacterial blight, it said.
Singer Pink bags Icon Award at Billboard Music Awards
Singer Pink will be honoured with the Icon Award at the 2021 Billboard Music Awards (BBMAs). The award aims to recognize artists who have achieved success on the Billboard charts and left an indelible impact on music. Pink joins previous honourees that include Neil Diamond, Stevie Wonder, Prince, Jennifer Lopez, Celine Dion, Cher, Janet Jackson, Mariah Carey and Garth Brooks.
Kalyanam, Mahatma Gandhi's Former Personal Secretary, Passes Away
Mahatma Gandhi's former personal secretary V Kalyanam passed away. He was Gandhi's personal secretary from 1943 to 1948, when the Mahatma was assassinated. Kalyanam was preserving letters written by Gandhiji, a cheque bearing his sign and other literature associated with him. He was proficient in Bengali, Gujarati, Hindi, Tamil and English. A staunch follower of Mahatma Gandhi, he was also associated with Rajaji in the 1960s.
The World’s Longest Pedestrian Bridge Opens in Portugal
The world's longest pedestrian suspension bridge named "Arouca" was opened in Portugal, according to a press release by UNESCO's Arouca World Geopark. The Arouca Bridge offers a half-kilometre (almost 1,700-foot) walk across its span, along a metal walkway suspended from cables. Some 175 meters (574 feet) below, the Paiva River flows through a waterfall.
The bridge hangs on steel cables strung between V-shaped concrete towers and connects the banks of the Paiva River. The record-breaking bridge took several years to build and was designed by Portuguese studio Itecons. It was constructed by Conduril and cost about $2.8 million (2.3 million euros).
Portugal President: Marcelo Rebelo de Sousa;
Portugal Capital: Lisbon;
Portugal Currency: Euro.
Odisha announces Gopabandhu Sambadika Swasthya Bima Yojana
Odisha government has announced Gopabandhu Sambadika Swasthya Bima Yojana for journalists. Odisha has declared the journalists as frontline Covid warriors. It will benet more than 6500 journalists of the state.
Under the Gopabandhu Sambadika Swasthya Bima Yojana, a health insurance cover of Rs 2 lakh will be provided to each Journalist. Under the scheme, financial assistance of Rs 15 lakh will be provided to the families of journalists who died from COVID-19 while performing duty.
Chief Minister of Odisha: Naveen Patnaik and Governor is Ganeshi Lal.
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