Dear Readers, Here we have given the list of Important Weekly Current Affairs of May 01st to 07th May 2023. Candidates those who are preparing for Upcoming SBI Clerk 2023 and other competitive exams can make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

• World Tuna Day is observed every year on May 2.
• World Asthma Day is a global healthcare event commemorated every year on the first Tuesday in May to promote awareness of asthma worldwide.
• World Press Freedom Day is observed every year on May 3.
• Every year Coal Miners Day is celebrated on May 4

CURRENT AFFAIRS: NATIONAL NEWS

• India’s first ‘dark sky reserve’ in Ladakh’s Hanle village is now ready and will be opened for the public soon
• The first of its kind ‘Millets Experience Centre (MEC)’ has been launched by Agriculture Minister Narendra Singh Tomar at Dilli Haat in New Delhi
• The Ministry of Textiles has developed an E-Commerce portal for the handicrafts and handloom sector
• Pension regulator PFRDA has set the ball rolling on undertaking a comprehensive review of NPS regulations as part of attempts to reduce its compliance burden and simplify norms for various stakeholders
• Union Minister Narayan Rane launched the revamped CGTMSE Scheme
• India recently announced that it will start participating in the International Civil Aviation Organisation's (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and the Long-Term Aspirational Goals (LTAG) from 2027
• The National Health Account Estimates 2019-20 have been released recently
• PM Narendra Modi remarked on the 100th episode of "Mann Ki Baat" that the broadcast filled the "emptiness" he felt after coming to Delhi in 2014, and that he connected with crores of Indians and never cut-off from people
• The GS NIRNAY app was recently launched by the Union Minister of Rural Development & Panchayati Raj during the National Panchayat Awards Week
• Jal Shakti Ministry launched PRAYAG, a real-time monitoring centre for planning and monitoring of projects, river water quality, etc., during the 11th meeting of the Empowered Task Force of the National Mission for Clean Ganga
• Misinformation Combat Alliance (MCA) has approached the government to act as a self-regulating body to flag fake news online in line with the IT Rules, 2021.
• The Fact Check Unit as proposed in the Information Technology Rules, 2021, is likely to have four members — a representative from the IT Ministry and one from the Ministry of Statistics and Programme Implementation, a “media expert” and a “legal expert”.
• The Dedicated Freight Corridor Corporation of India (DFCC) commenced operations on the Rewari Gati Shakti Cargo Terminal (GCT) in a public-private-partnership (PPP) mode
• Asia's largest underwater hydro-carbon pipeline, below the river Brahmaputra connecting Jorhat and Majuli in Assam has been completed by the Indradhanush Gas Grid Limited (IGGL).
• The Centre has decided to extend the Smart Cities Mission deadline by one year, from June 2023 to June 2024

CURRENT AFFAIRS: INTERNATIONAL NEWS

• 9 European countries have signed a declaration to transform the North Sea into a green power plant.
• Maharashtra Deputy Chief Minister Shri Devendra Fadnavis unveiled a 12-foot statue of Maratha warrior king Chhatrapati Shivaji Maharaj in Mauritius to mark the strong bond between the two nations.

CURRENT AFFAIRS: STATE NEWS

• The Telangana Government has launched a Grand Challenge for Innovation to promote innovation in the food processing sector.
• India’s first resettlement colony is set to be built in Odisha.
• Indias Clean Hydrogen Mission Gets a Boost with Hydrogen Valley Project in
• India’s & Asia’s first mobile biosafety level-3 (BSL-3) laboratory was displayed at the second Group of 20 (G20) Health Working Group Meeting which began in
• The first flight on a non-UDAN route under viability gap funding provision by the Assam government was launched with starting service on the Guwahati-Dibrugarh-Guwahati sector.
• On the occasion of Maharashtra Day (May 01,2023) Maharashtra Chief Minister (CM) Shri Eknath Shinde launched electric Shivneri bus services between Mumbai and Pune. 
• In a bid to encourage children in villages to promote the habit of reading, the Bihar government has started ‘Didi ki library’, established under Jeevika.
• India’s first undersea twin tunnels in South Mumbai, Maharashtra are nearing completion, & are set to open in November 2023.
• The survey of the other backward classes (OBCs) was started across Odisha.

CURRENT AFFAIRS: BUSINESS NEWS

• Index of Eight Core Industries increased by 3.6% in March 2023 as against the Index of March 2022
• The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), the marketer of Amul has identified land at Vargal near Hyderabad to set up a milk processing plant with a capacity of 5 lakh litres per day
• Nissan is focusing on developing growth plans in software and electric vehicles independently from its partner Renault as both automakers work on finalizing the terms of their alliance
• India needs to spend an estimated 85.6 trillion rupees ($1.05 trillion) by 2030 to adapt its various industries to be compliant with climate change norms, a report by the Reserve Bank of India
• As many as 759 million Indians, around 52 per cent of the country, access the internet at least once a month but a digital divide continues among states
• India to launch its own heat index next year to quantify heat hazard, generate impact-based heatwave alerts for specific locations.

CURRENT AFFAIRS: BANKING AND ECONOMY

• Reserve Bank of India (RBI) came out with detailed norms for outsourcing of IT services by banks, Non bank financial Companies (NBFCs) and regulated financial sector entities to ensure that such arrangements do not undermine their responsibilities and obligations to customers.
• ICICI Bank, one of India's leading private sector banks, has introduced a new digital and contactless payment facility for parking at the Mangaluru International Airport.
• According to the circular from the RBI declared that the statutory branch audit of the PSBs should be carried out to cover a minimum of 70% of the funded and non-funded business for FY23 and from FY24 they can decide the percentage of business coverage they want audited.
• Shivalik Small Finance Bank (SFB) has partnered with grain commerce platform ag to finance small farmers against warehouse receipt.
• India's biggest public sector bank, State Bank of India (SBI) collaborates with a startup, Garuda Aerospace Pvt Ltd (GAPL) with a view to making drone technology more accessible to the agricultural sector while also increasing efficiency in the sector's use of the technology.
• HDFC Bank introduced a Digital Distribution Platform (DDP) – ‘HDFC Bank Smart Saathi’, a state-of-the-art solution which is built on a robust and digitally enabled technology architecture that provides a secure and user-friendly experience to all its users.
• White Oak Asset Management Company (AMC) has announced the launch of its new fund offer (NFO) White Oak Capital Multi Asset Allocation Fund. 
• In an effort to make India’s International Financial Services Centre (IFSC) more appealing, the Reserve Bank of India (RBI) has allowed individuals to open interest-earning Foreign Currency Accounts (FCA) without restriction.
• The 4 public sector general insurance companies - New India Assurance, United India Insurance, Oriental Insurance, and National Insurance Company have lost 800 basis points (bps) in market share in last 5 years to their private counterparts, the data from the Insurance Regulatory and Development Authority (IRDAI)
• United States (US) regulators stated that First Republic Bank has been seized and a deal agreed to sell the bank to JPMorgan Chase & Co, in what is the third major U.S. institution to fail in 2 months.
• Airtel Payments Bank (APB) has collaborated with the National Payments Corporation of India (NPCI) to roll out Face Authentication for AePS (Aadhaar-enabled Payment System) at its 500,000 banking points.
• According to the Asian Development Bank (ADB) Annual Report 2022, Pakistan became the largest recipient of the ADB-funded programmes/projects, receiving loans of USD 5.58 billion out of total loans of USD 31.8 billion to 40 countries.
• India Post Payments Bank (IPPB) has partnered with the Forum of Industry Academic Knowledge Sharing (FIAKS) platform to provide digital literacy and spread awareness among postmen (or Gramin Dak Sevaks) to avoid digital frauds.
• India and Russia will explore the possibility of accepting RuPay and Mir cards in each other's country for hassle-free payments amid sanctions imposed by the West on Moscow.
• Pine Labs, a merchant commerce omni channel platform, has announced the acceptance of Digital Rupee (e Rupee) on its PoS (Point of Sale) terminals in partnership with ICICI Bank.
• The gross Goods and Service Tax (GST) revenue collection is the highest ever at Rs 1,87,035 crore for April 2023.
• Axis Bank, India’s third largest private sector Bank and India Shelter Finance Corporation Ltd (IndiaShelter), a Gurgaon based Housing Finance Company, announced a strategic partnership under the co-lending model.
• Dvara SmartGold, a Fintech company that is building a full stack financial services offering, anchored around gold as an asset class, announced a strategic partnership with Jana Small Finance Bank (SFB) to offer gold loans with a seamless online and offline experience to customers.
• In Financial Year 2022-23 (FY23), Foreign portfolio investors (FPIs) withdrew Rs 29,921 crore from the banking and financial services sector, making it the third highest loser of FPI money after Information Technology (IT) Services (Rs 51,138 crore) and Oil & Gas (Rs 37,674 crore).
• The Asian Development Bank (ADB) has announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP) program to accelerate climate change financing in the region.
• The South Indian Bank has introduced an e-BG (Electronic Bank Guarantee) facility for its customers in partnership with National E-Governance Service Limited (NeSL). 
• The Life Insurance Corporation of India (LIC) has introduced the Group Post Retirement Medical Benefit Scheme

CURRENT AFFAIRS: AWARDS AND HONOURS

• Changlang in Arunachal Pradesh, India’s easternmost district received the Prime Minister’s Award for Excellence in Public Administration for its innovative New Age Learning Centre (NALC)
• RINL bagged Steel Ministry’s "Ispat Rajbhasha Samman" First Prize for the year 2021-22
• The Green Organisation of the United Kingdom presented the Green World Award 2023 to Chennai Metro Rail Limited (CMRL)
• Gangubai Kathiawadi and Badhaai Do were among the big winners at the Filmfare Awards 2023
• Niloofar Hamedi, Elaheh Mohammadi and Narges Mohammadi have been named as the laureates of the 2023 UNESCO/Guillermo Cano World Press Freedom Prize, following the recommendation of an International Jury of media professionals
• Former Lok Sabha MP Pandit Ramkishan was awarded the title of Shatabdi Purush (Man of the Century) in New Delhi, in recognition of his efforts as a socialist leader

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

• Public enterprises selection board (PESB) has recommended Amarendu Prakash for the post of Chairman, of Steel Authority of India Ltd (SAIL). 
• Grounded airline Jet Airways (India) Ltd Chief Executive Officer (CEO)-designate Sanjiv Kapoor has resigned from the airline.
• The Appointments Committee of the Cabinet (ACC) has approved the appointment of Siddhartha Mohanty, interim LIC Chairman, as regular Chairperson of the state-controlled Life Insurance Corporation of India (LIC) till June 29, 2024.
• The Appointments Committee of the Cabinet (ACC) headed by Prime Minister Shri Narendra Modi has approved the appointment of Debadatta Chand, a native of Odisha, as Managing Director (MD) & Chief Executive Officer (CEO) of Bank of Baroda (BoB).
• Public enterprises selection board (PESB) has recommended Shantanu Roy for the post of Chairman and Managing Director (CMD) of BEML Limited, a Miniratna Public Sector Undertaking (PSU) under the Ministry of Defence (MoD). 
• The government has appointed Rajneesh Karnatak as managing director (MD) & Chief Executive Officer (CEO) of the Bank of India (BoI) for a term of 3 years.
• Renowned physicist and Director of the Bhabha Atomic Research Centre (BARC) Ajit Kumar Mohanty has been appointed as the chairman of the Atomic Energy Commission and the secretary of the Department of Atomic Energy.
• Veteran politician Sharad Pawar stepped down as the chief of Nationalist Congress Party (NCP).
• An India-American and a former Mastercard Chief Executive Officer (CEO), Ajay Banga has been appointed as the 14th president of World Bank.
• The Central government has appointed Justice Sarasa Venkatanarayana Bhatti as the acting Chief Justice (CJ) of
• The Public Enterprises Selection Board (PESB) has recommended Polavarapu Mallikharjuna Prasad for the post of Chairman and Managing Director at Coal India Limited (CIL). 

CURRENT AFFAIRS: RANKING AND REPORTS

• The World Economic Forum (WEF) has released the Future of Jobs Report 2023.
• The National Manufacturing Innovation Survey (NMIS) 2021-22 has ranked Karnataka as the most “innovative” State
• According to the latest report released by global media watchdog RSF, India’s rank has slipped to 161 out of 180 countries in the 2023 World Press Freedom Index. India has fallen 11 positions in the World Press Freedom Index
• Wayanad, Kerala has become the first district in the country to be declared ODF (open defecation-free) Plus
• REC Limited, a Maharatna power finance company has exclusively listed its recently issued Green bonds worth $750 million at GIFT IFSC Stock Exchanges, under its Global Medium Term Programme of $7 billion

CURRENT AFFAIRS: ACQUISITION AND MERGERS

• India’s leading name in fintech, BharatPe has acquired a 51% majority stake in Trillion Loans, a Mumbai, Maharashtra-based NBFC (Non-Banking Financial Company).

CURRENT AFFAIRS: MOUS AND AGREEMENT

• SAIL-Bokaro Steel Plant (BSL) has entered into an MoU with Telecommunications Consultants India Limited (TCIL) to explore potential of application of 5G/ IT/ Telecom and other wireless communication technologies in SAIL-Bokaro Steel Plant including SAIL’s Mines & Collieries, Central Coal Supply Organization and the SAIL Refractory Unit in Jharkhand
• Apex exporters body FIEO has signed an MoU with Business Russia to promote trade and investments between the two countries

CURRENT AFFAIRS: DEFENCE NEWS

• The 7th edition of joint military exercise “AJEYA WARRIOR-23” between India and the United Kingdom (UK) was conducted at Salisbury Plains, United Kingdom from 27 April to 11 May 2023.
• Indian Navy’s surface warships will get their first indigenously developed anti-drone systems. 
• For the first time, the Indian Army has inducted five women officers into its Regiment of Artillery.
• The Defence Research & Development Organisation (DRDO) and Indian Navy (IN) conducted the successful maiden test trial of ‘ADC-150’ from IL 38SD aircraft off the coast of Goa.
• India sent two frontline warships to take part in the first-ever ASEAN-India maritime exercise (AIME-2023).
• The Defence Research and Development Organisation (DRDO) has successfully conducted a trial of design validation of a state-of-the-art underground ammunition storage facility.
• Indian Army conducted the 'Buland Bharat' exercise in the longest high-altitude Artillery Ranges of the eastern theatre.
• India’s Defence Minister Shri Rajnath Singh handed over two 'Made in India' platforms, a Fast Patrol Vessel and a Landing Craft Assault ship, to the Maldives National Defence Forces (MNDF).

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

• Dubai-based airline Emirates has unveiled the world’s first robotic check-in assistant named Sara.
• Indian Institute of Technology Madras (IIT Madras) researchers have developed a Machine Learning-based computational tool Named ‘GBMDriver’ (GlioBlastoma Mutiforme Drivers) for better detection of cancer-causing tumours in the brain and spinal cord.
• Delhi-based green hydrogen and solar developer Uneecops Technologies Ltd announced that it will set up the First Green Hydrogen Microgrid Project in Leh Region for one of India’s major hydro-power companies.
• CoRover, a Bengaluru-based startup, has collaborated with the Life Insurance Corporation of India (LIC) to launch the conversational Artificial Intelligence (AI)-powered chatbot LIC Mitra and take the country’s largest insurance company’s digital transformation to another level.
• Bengaluru (Karnataka)-based Log9 Materials, an advanced battery-technology and deep-technology startup, inaugurated India’s first commercial lithium-Ion (Li-ion) cell manufacturing facility on its campus in Jakkur, Bengaluru, Karnataka.
• The Elon Musk-owned SpaceX’s Starship, world’s biggest rocket, exploded during its first test-flight to space from Boca Chica in Texas.

CURRENT AFFAIRS: SPORTS NEWS

• Odisha FC won their first title after beating Bengaluru FC in the final of the Super Cup at the EMS Corporation Stadium in Kozhikode
• The Odisha government decided to further extend its sponsorship for both the Men and Women Indian Hockey Teams (senior and junior) for another ten years from 2023 to 2033
• Grandmaster Ding Liren of China is the new world champion after beating Russian grandmaster Ian Nepomniachtchi in the final rapid tiebreak game of FIDE World Championship 2023
• Satwiksairaj Rankireddy and Chirag Shetty achieved a historic milestone by becoming the first Indian men's doubles pair to win a gold medal at the Badminton Asia Championships
• FIFA Council has announced Argentina as the official host of the upcoming FIFA U-20 World Cup 2023
• Luca Brecel has won his first-ever world title after beating Mark Selby 18-15 in an enthralling World Championship finale at the Crucible.

CURRENT AFFAIRS: BOOKS AND AUTHORS

• Renowned sports historian and TV show host Boria Majumdar released a new book titled 'Sachin@50 - Celebrating a Maestro on the occasion of Sachin Tendulkar's 50th birthday
• Saurashtra-Tamil Sangamprashastih' book has been launched by PM Modi
• Amitabh Kant, a retired member of the Indian Administrative Service (IAS), has written a new book titled "Made In India: 75 Years of Business and Enterprise" published by the Rupa Publications India
• Renowned tennis player Jaideep Mukherjee released his autobiography titled “Crosscourt” in the presence of prominent Indian tennis players such as Ramesh Krishnan and Somdev Devvarman
• Twelve books written by Goa Governor P S Sreedharan Pillai, in English and Malayalam, are being released in Delhi, Goa and Kerala in April and May

CURRENT AFFAIRS: OBITUARIES

• The Noted Indian historian Ranajit Guha has passed away due to old age-related ailments at the age of 100.
• Mahatma Gandhi’s grandson, author and socio-political activist Arun Manilal Gandhi passed away at the age of 89 in Kolhapur, Maharashtra.