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Delhi High Court appoints Justice P Krishna Bhat as administrator of Basketball Federation of India

The Delhi High Court appointed former Karnataka High Court judge, Justice P Krishna Bhat as the administrator of the Basketball Federation of India (BFI) to conduct its elections in compliance with the National Sports Code and Model Election Guidelines (MEG).

Dr. K Govindaraj, current President of the Basketball Federation of India.

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India's green financing requirement estimated at 2.5% of GDP, says RBI Study

The Reserve Bank of India's report on Currency and Finance (RCF) for the year 2022-23 covers four major dimensions of climate change to assess future challenges to sustainable high growth in India.

The areas are the unprecedented scale and pace of climate change; its macroeconomic effects; implications for financial stability; and policy options to mitigate climate risks.

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World Food Programme to suspend aid to Palestinians due to funding shortage

The World Food Programme (WFP) will suspend food aid to over 200,000 Palestinians from next month (June) due to a "severe" shortage of funds.

The United Nations agency offers impoverished Palestinians both monthly vouchers with a value of $10.30 per person and food baskets.

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The World Food Programme Headquarters- Rome, Italy

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India leads as top source market for Sri Lanka’s tourism sector for April 2023

India led as the top source market for Sri Lanka’s tourism sector for the month of April 2023.

India regained the top spot after six months as almost 20,000 Indian tourists arrived in the island nation last month.

Sri Lanka’s Tourism Authority figures showed that 19,915 Indians had visited the island in April over 14,656 Russian tourist arrivals.

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Fintech sector to become $1.5 trillion industry by 2030, Asia-Pacific to outpace US at 27% CAGR, says report

The fintech sector, which currently holds a 2 per cent share of the global financial services revenue of $12.5 trillion, is estimated to grow up to 7 per cent, of which banking fintechs are estimated to constitute almost 25 per cent of all banking valuations worldwide by 2030, said a report by Boston Consulting Group (BCG) and QED Investors

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New Lithium deposits discovered in Rajasthan after J-K

After Jammu and Kashmir, lithium reserves have been traced in Rajasthan's Degana.

It is said that lithium reserves are higher than the ones recently found in Jammu and Kashmir.

This was the first significant mineral discovery in India, as previously only a small reserve had been discovered in Karnataka.

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ISRO to start online training programme for PG and and final-year UG students

The Indian Space Research Organisation (ISRO) has announced a new introductory-level online training programme called Space Science and Technology Awareness Training (START).

START is aimed at postgraduate and final-year undergraduate students of Physical Sciences and Technology.

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World Thalassaemia Day II 8 May

World Thalassaemia Day takes place on May 8 every year.

It is dedicated to Thalassaemia patients who are battling an inherited disorder where the oxygen-carrying proteins in the blood are lesser than normal.

In simpler words, the body fails to produce the required amount of haemoglobin.

Hence, it is a day to create awareness regarding blood disease.

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Asian Weightlifting Championships: Jeremy Lalrinnunga wins silver medal at Jinju, Korea

In the Asian Weightlifting Championships, India’s weightlifter Jeremy Lalrinnunga won a silver medal at Jinju, Korea.

The 20-year-old won medal in the snatch event with a lift of 141 kg in the 67 kg weight class

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BEL signs MoU with Emjay Control Systems to develop electro-mechanical bollards

Bharat Electronics Ltd(BEL) has signed an MoU with Emjay Control Systems to jointly manufacture and develop business for electro-mechanical bollards for use in various defence, homeland security, paramilitary, and export projects.

The bollards are envisaged to safeguard vital installations by pre-empting the unauthorised entry of heavy vehicles.

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Defence Minister Rajnath Singh inaugurates IAF Heritage Centre in Chandigarh

Defence Minister Rajnath Singh inaugurated the first-of-its-kind Indian Air Force (IAF) Heritage Centre.

The Centre has been set up under a memorandum of understanding between the Union Territory of Chandigarh and the IAF which was signed last year.

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Border Haat between India and Bangladesh inaugurated at Bholaganj in Sylhet

A new border-haat between India and Bangladesh was inaugurated in Bholaganj under Companiganj upazila of Sylhet.

This is the fourth border-haat in Sylhet division out of which three are currently functional.

Three more border haats are planned to be opened in the Sylhet division.

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MoHUA and MoR jointly ink MoU with JICA for Project SMART

The Ministry of Housing & Urban Affairs (MoHUA) and Ministry of Railways jointly signed an MoU with Japan International Cooperation Agency (JICA) for ‘Station Area Development along Mumbai-Ahmedabad High Speed Rail’ (Project-SMART).

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World Red Cross Day | 8 May

World Red Cross and Red Crescent Day is celebrated on May 8 to commemorate the birth anniversary of the founder of the Red Cross and the International Committee of the Red Cross (ICRC) Henry Dunant.

He was born on 8th May 1828 in Geneva and was the recipient of the Nobel Peace Prize.

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