The most important events and incidents which occurred in the previous week i.e. from 1st May to 6th May are listed below. These are some must know facts and news which one should read to know what things are happening around him/her. If you are a student and preparing for competitive exams then you should carefully read this post because you can get some question about current affairs in your exam from this post.

All the news are categorized properly, so that one can directly jump to the specific section he/she wants to read.

National Affairs

Political News

  • Madhya Pradesh govt. has transferred Rs 61 Crore into the accounts of 6 lakh 10 thousand street vendors of the state.
  • Centre has released over 8873 crore rupees for State Disaster Response fund (SDRF) to all states.
  • Under Ashirwad scheme Punjab govt. will now pay 51,000 rupee instead of 21,000.
  • IGST on oxygen concentrators for personal use has been cut to 12 % from 28 %.
  • Odisha declared Professionals journalists of state as frontline Covid Warriors.
  • Chandigarh has banned private sale of Remdesivir.
  • Central and state govt. collected Rs. 1.41 trillion in GST in April 2021.
  • Keral, CM Pinarayi Vijayan resigned from his post on 3rd may.
  • Tamil Nadu CM Edappadi Palanisamy has resigned from his post.
  • S.Jaishankar (External Affairs Minister) joined the G – 7 foreign meeting on 3rd May in London.
  • Chair person of NHRC (National Human Rights Commission) – Prafulla Chandra Pant.
  • India and UK have announced $ 1.4 billion of private sector trade and investment including a 240 million pound investment by the Serum Institute of India.
  • President of FICCI Ladies Organisation (FLO)- Ujjwala Singhania.
  • In MP, Rs 379 Crore have been transferred into accounts of 16,844 beneficiaries under Mukhyamantri Jan – Kalyan Sambal scheme.
  • India and UK has adopted an ambitious”Road map 2030 ” through a virtual summit.
  • Petroleum and Natural Gas minister Dharmendra Pradhan has flagged off the 1st supply of UCO, Used Cooking Oil- based biodiesel blended diesel from Indian Oil’s Tikrikalan Terminal, Delhi on 4th may.
  • “Parvat Dhara Yojna” has been launched by Himachal Pradesh Govt for rejuvenating and recharging aquifers.

Sports News

  • Gymnast Pranati Nayak will get the continental quota to compete in Tokyo olympic Games.
  • P.V Sindhu has been appointed as ambassador for ” Believe in sport” Campaign for International Olympic Committee (IOC).
  • BCCI has granted ” No Objection Cotiticate” to Smriti Mandhana, Harman preet Kaur, Deepti sharma and Jemimah Rodrigues for participating in the inaugural ” Hundred ” tournament in UK.

Education related News

  • IIT, Madras and Researchers from UK have developed a paper – based sensor which can detect antimicrobial pollutants in water bodies.
  • Punjab C M Amrinder Singh has digitally Launched Online programmes started by Guru Nanak Dev university (GNDU) for punjabi diaspora acrcoss the globe.
  • Lightest Uranium has been found which is having mass of 214 gm (U – 214).

Banking sector News

  • SBI has cut home loan interest rate and now providing it at an interest starting from 6.70% onwards.
  • RBI has joined the central Banks and Supervisors Network for Greening the financial System (NGFS) as a member.
  • SBI has allocated Rupees 71 crore to undertake Various support initiative to help country against Covid-19.
  • Deputy Governor of RBI – T. Rabi Sankar.
  • SIDBI (Small Industries Development Bank of India) has launched SHWAS and AROG; two new quick credit delivery schemes.
  • MD and CEO of Axis Bank- Amitabh choudhry.
  • RBI Governor shaktikanta Das has announced “on tap liquidity ” to the public in general worth Rs 50,000 crore.
  • The Cabinet Committee on Economic Affairs has given its in-principle approval for strategic disinvestment along with the transfer of management Control in IDBI Bank Ltd.

Business and companies related News

  • The fintech unicorn Zerodha aims to provide fully equipped ambulances and a step – down hospital.
  • Reliance Industries ltd. has become the largest producers of Medical grade liquid oxygen in India.
  • Walmart will give 20 oxygen generating plants and 20 cryogenic containers to India.
  • Bajaj Electricals acquired starlite lighting Ltd. (SLL).
  • Medi CAB; a portable hospital unit has been developed by IIT Madras- incubated start – up Modulus Housing.
  • Anand Mahindra has rolled out the ‘Oxygen on wheels’ project in Maharashtra to ease the transportation of oxygen.
  • Mastercard has donated $ 8.9 million to India to tackle Covid.
  • Advertising company Firm MullenLowe Group has announced the promotion of S. Subramanyeswar as chief strategy officer for Asia region.
  • Ola Electric is going to introduce e-Scooter in France, Italy, and Germany in July. It’s 1st company is situated at Tamil Nadu.
  • Qualcomm has committed $ 4 million to help India prepare and deal with Covid – 19.
  • Mogae Media has acquired 48 years old home grown advertising agency Rediffusion India.
  • Paytm has announced to set up oxygen plants across 13 cities in India.
  • Hindustan Aeronautics Ltd. (HAL) and UK’s Rolls – Royce,have signed an MoU to establish Packaging, installation, marketing and Services support for Rolls – Royce MT-30 marine engine in India.
  • Wipro will invest £16 million to set up a innovation centre in Holborn, London.
  • Kwalee, the UK based game developer is about to invest $ 30 million in India.
  • Bajaj Group has pledged to donate Rs 200 crore towards covid – 19 response.
  • CEO and MD of Kotak life – Mahesh Balasubramanian.
  • Walt Disney company and Star India pledged a financial support of Rs 50 crore for India to fight against Covid – 19.
  • JSW Energy firm has signed a power purchase agreement with SECI (Solar Energy corporation of India) for supply of 540 MW of blended wind power capacity.

Miscellaneous section

  • Target for food grain production for 2021-22 is 307 million tonnes.
  • Telangana has got permission to use drones for delivery of Covid-19 vaccines.
  • CIBA (Central Institute of Brackishwater Aquaculture), Chennai has developed 1st vaccine against Viral Nervous Necrosis (VNN) which is affecting different fish.
  • May 1 (Maharashtra Day & Gujarat Day).
  • Belgium has provided Remdesivir drugs to India through a special flight on 2nd may.
  • On 2nd may France provided India essential medical supplies and equipments.
  • 1st consignment of Sputnik – V arrived India on 1st May at Hyderabad.
  • US has placed India on the ‘Priority Watch List.’
  • Price of Food Corporation of India, (FCI) Rice will remain 2000 Rs per quintal for production of ethanol during 2021-22.
  • 1st green energy solar plant by Indian army is established at sikkim. It is made with the partnership of IIT-Mumbai.
  • A new high yielding soyabean variety (MACS 1407) has been developed by scientiests from Agharkar Research Institute (ARI).
  • Ajeet Deshpande has become the new Command of Army Ordinance Corps (AOC) Centre as Commandant in secunderabad.
  • CSIR – Centre for Cellular and Molecular Biology has developed the 1st specific drug for Covid – 19 treatment, which contains therapeutic antibodies. The name of the drug is VINCOV – 19.
  • Govt has procured 65 % more wheat during this Rabi marketing as compared to that of in Rabi 2020.
  • INS Talwar has reached Karnataka with 40 tonnes of Liquid Medical Oxygen from Bahrain.
  • Armed forces have launched operation “CO – JEET” to aid anti – Covid-19 efforts.

International Affairs

Trade sector News

  • Sale of electric cars has increased by 140%.
  • US aerospace major Boeing has announced USD 10 million emergency assistance package for India to Covid-19.
  • Pfizer has now begun to export Covid – 19 shots made in US facilities.
  • Pfizer has announced to donate India Medicine worth of $70 million.
  • Cofounder of “Neuralink” Max Hodak left the company on 1st may.
  • Microsoft and Nigerian govt. Collaborated for creating 27,000 digital jobs over next 3 years.
  • Jeff Bezos’ Space Venture Blue Origin will Launch it’s 1st astronaut crew to space on 20th July 2021.

Political News

  • US Pentagon is cancelling construction of border wall with Mexico.
  • Kamala Harris will become the 1st Woman US vice president to have a figure displayed at the Madame Tussauds wax Museum in New York.
  • Australian govt has pledged 1.7 billion Australian dollar in childcare subsidies to boost female participation in workplace.
  • Turkey has listed Crypto currency treading platforms, as terrorism financing company.
  • Canada has approved Pfizer vaccine bor children of ages 12 to 15. Canada has become the 1st country to approve 2 shots of Covid – 19 to its children.
  • Egypt has bought 30 Rafale fighter jets from France.

Sports News

  • Mark Selby has become the world champion for 4th time in Snooker.
  • Thisara Parera announced his retirement from International cricket on 3rd May.
  • Lewis Hamilton has won the Portuguese Grand Prix.
  • Jose Mourinho has been appointed as the coach of Italian Football club AS Roma.

Miscellaneous News

  • World’s longest (516 m) pedestrian Suspension bridge is called as 516 Arouca is situated at Portugal.
  • May-1 (International labour Day).
  • WHO has given approval to Moderna’s Covid – 19 Vaccine to use in emergency.
  • 2nd may – World laughter Day.
  • World Press Freedom Day – 3rd May
  • Around 137 black and Red handprints have been discovered on Maya cave walls in Mexico, which are 1,200 years old.
  • 4th May – International Fire Fighters Day.
  • International Day of Mid wife- may 5th.
  • Congo on 3rd May 2021 declared the end of Ebola out breeak.
  • The Lag B’Omer is a a festival celebrated in Israel.
  • Canadian Researchers have published the 1st Structural image of a mutation in the B.1.1.7 variant of the Covid – 19 Virus.
  • World’s Youngest Crypto billionaire – Vitalik Buterin (27 yrs old).


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