Dear Readers, Here we have given the list of Important Weekly Current Affairs of May 22nd to 31st May 2024. Candidates those who are preparing for Upcoming SBIClerk 2024 and other competitive exams can make use of it.

Weekly Current Affairs May 22nd to 31st PDF Download

CURRENT AFFAIRS: IMPORTANT DAYS

• International Day for Biological Diversity 2024 is celebrated on May 22 & , the theme is "Be Part of the Plan."
• Every year, International Day of Action for Women's Health is observed on May 28.
• International Everest Day 2024 is observed on May 29.
• The International Day of United Nations Peacekeepers is observed every year on May 29 & the theme is Fit for the future, building better together.
• World No Tobacco Day is observed every year on May 31 & the theme is Protecting children from tobacco industry interference.

CURRENT AFFAIRS : BANKING & FINANCE

• State-owned Bank of Maharashtra (BoM) recorded the highest growth rate last fiscal in terms of total business and deposit mobilisation among public sector lenders at a time when most banks are facing difficulty in achieving double-digit growth.
• India's banking sector achieved a milestone as its net profit surpassed Rs 3 lakh crore for the first time in FY24.
• Market regulator Securities and Exchange Board of India (SEBI) has modified the basis for the computation of market capitalisation of listed companies under its Listing Obligations and Disclosure Regulations (LODR) regulations.
• Online insurance marketplace Policybazaar has introduced its 'Claim Assurance Program' to accelerate the motor insurance claims process.
• HDFC Bank, a private sector lender, sold its entire 3.20% stake in Protean eGov Technologies for Rs 150 crore through an open market transaction.
• British lenders HSBC and Standard Chartered have acquired stakes in the Clearing Corporation of India-IFSC (CCIL IFSC), the proposed entity to operate a real-time foreign currency settlement system at GIFT City.
• Net foreign direct investment (FDI) flows into India dropped by 62.17% to $10.58 billion in FY24, the lowest since 2007, compared to $27.98 billion in the previous year.
• A potential debt crisis casts an ominous shadow over the global economic landscape, per an article in Reserve Bank of India’s (RBI) latest monthly bulletin.
• According to an article in RBI’s latest monthly bulletin, A durable alignment with the 4% headline inflation target is expected to recommence only in the second half of FY25 and sustain until the numbers are closer to the target throughout 2025-26.
• Maldives intends to launch India's RuPay service, reflecting the strengthening of ties between the two nations.
• The Securities and Exchange Board of India (SEBI) has issued guidelines for calculating the "unaffected price" after a listed entity verifies market rumours.
• The Central Board of the Reserve Bank of India (RBI) approved the highest-ever surplus transfer/dividend of Rs 2.11 lakh crore to the Central government for the accounting year 2023-24.
• The Securities and Exchange Board of India (SEBI) has permitted non-promoter shareholders to contribute towards the shortfall in minimum promoters’ contribution in an initial public offering (IPO) without being classified as promoters.
• The Reserve Bank of India (RBI) added 24 tonnes of gold to its stock of reserves in 4 months from January to April, 2024 as a hedge against volatility amid geopolitical tensions.
• The Reserve Bank of India (RBI) conducted a variable rate repo (VRR) auction of Rs 1.25 trillion, bringing the total liquidity infused through 9 VRR auctions in May, 2024 to Rs 7.75 trillion.
• According to the data released by the Reserve Bank of India (RBI), As of December 2022, unclaimed balances across various accounts, including current, savings, and fixed deposits (FDs), reached Rs 39,900 crore, marking a substantial increase from Rs 18,379 crore recorded in December 2019.
• The Reserve Bank of India (RBI) has levied a penalty of Rs 3.1 lakh on Hero FinCorp Limited for non-compliance with specific provisions concerning fair practices code.
• The National Payments Corporation of India (NPCI) has published guidelines for acquiring banks to validate merchant details for BHIM Aadhaar Pay.
• The Reserve Bank of India (RBI) informed that "Fincare Small Finance Bank Limited" has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from April 01, 2024, as the bank has ceased to carry on banking business with effect from April 01, 2024.
• BharatPe Group and PhonePe Group have amicably settled all long-standing legal disputes related to the use of the trademark with the suffix 'Pe'.
• The Reserve Bank of India (RBI) is urging fintech firms towards calibrated growth, leading investors to adopt a cautious approach.
• The Prudential Authority of the South African Reserve Bank has imposed a financial penalty of 10 million rand (₹4.5 crore) on the State Bank of India's South Africa branch.
• Tata Consultancy Services (TCS) has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait.
• The Securities and Exchange Board of India (SEBI) has identified self-regulatory organizations (SROs) for social impact assessment of entities listed on the Social Stock Exchange (SSE).
• The Reserve Bank of India (RBI) imposed a penalty of ₹1 crore on ICICI Bank and fined Yes Bank ₹91 lakh for non-compliance with regulatory directions.
• The Insurance Regulatory and Development Authority of India (IRDAI) has reduced the engagement period of statutory auditors with insurance companies from 10 years to 4 years.
• Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), Oil and Natural Gas Corporation (ONGC), Oil India Ltd (OIL), GAIL (India) Limited, and Mangalore Refinery and Petrochemicals Ltd (MRPL) have been fined for the 4th consecutive quarter for failing to meet listing requirements regarding the number of directors on their board.
• The Securities and Exchange Board of India (SEBI) has reduced the deliverable period for commodity derivatives to 3 days from the previous 5 days.
• The Governor of the Reserve Bank of India (RBI), Shaktikanta Das, introduced 3 significant initiatives, namely the PRAVAAH portal, the retail direct mobile app, and a fintech repository.
• The Securities and Exchange Board of India (SEBI) has introduced amendments to the Infrastructure Investment Trust (InvIT) regulations to permit the issuance of subordinate units by privately placed InvITs.
• The Reserve Bank of India (RBI) has instructed full-fledged money changers to ensure that the value of foreign currency notes sold to the public is not less than 75% of the value of such notes bought from other money changers on a quarterly basis.
• Poonawalla Fincorp Limited, in collaboration with IndusInd Bank, has launched the co-branded 'IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card', a card designed to redefine and elevate the banking experience of customers.
• The Reserve Bank of India (RBI) imposed business restrictions on Edelweiss Asset Reconstruction Company (EARCL) and ECL Finance due to material concerns observed during supervisory examinations.
• HDFC Bank has informed the customers it will stop sending SMS alerts for any UPI (Unified Payments Interface) payment spent below Rs 100 or receipt of money less than Rs 500.
• The Reserve Bank of India (RBI) imposed a fine of Rs 36.38 lakh on foreign lender HSBC for Foreign Exchange Management Act (FEMA) violations.
• The Asian Development Bank (ADB) committed $2.6 billion in sovereign lending to India in 2023 for projects that aim to strengthen urban development, support industrial corridor development, promote power sector reforms, build India’s climate resilience, support horticulture, and enhance connectivity.
• Axis Bank, in partnership with Mastercard, has introduced the NFC Soundbox, a new payment solution.

CURRENT AFFAIRS: NATIONAL NEWS

• In less than three years since its launch, the production-linked incentive (PLI) scheme for the pharmaceuticals sector seems to have taken off.
• Smartphone PLI (production-linked incentive), the most successful of all 14 such schemes, may be extended by a couple of years beyond 2025-26 when it officially ends
• The government is likely to launch the National Health Claim Exchange (NHCX) — a single portal to submit and process health insurance claims across hospitals in the country — in the next two-three months
• India and China have agreed to cooperate in efforts to pay for imports in their respective currencies instead of US dollars.
• The central government is considering reinstating financial support for electric two-wheeler manufacturers Revolt Motors, Greaves Electric Mobility, and Amo Mobility under its Electric Mobility Promotion Scheme 2024 (EMPS 2024).
• According to the Central Electricity Authority (CEA), Uttar Pradesh has emerged as the leading state in terms of adding transmission lines by state transmission utilities in FY24.
• India has been a credible partner in the growth story of Bangladesh's pharmaceutical industry.
• India welcomes the 46th Antarctic Treaty Consultative Meeting (ATCM 46), dubbed the Antarctic Parliament, held in Kochi from May 20-30. Organized by the National Centre for Polar and Ocean Research
• India pledges a swift financial aid package of $1 million to assist the victims of a catastrophic landslide that struck the Enga province of Papua New Guinea, claiming the lives of over 2,000 people and causing widespread devastation.
• The Indian Embassy in Muscat and the National Archives of India (NAI) collaborate on a groundbreaking project to archive historical documents of the Indian diaspora in Oman, titled "The Oman Collection – Archival Heritage of the Indian Community in Oman."
• The Department of Telecom (DoT) and the Ministry of Home Affairs (MHA) have initiated decisive measures under the Sanchar Saathi program in response to a surge in SMS fraud.
• The Central Council for Research in Ayurvedic Sciences (CCRAS) has launched the Pharma Research in AyurGyan And Techno Innovation (PRAGATI-2024) initiative to foster research and innovation in Ayurveda.

CURRENT AFFAIRS : INTERNATIONAL NEWS

• The World Health Organization (WHO) has prequalified the second dengue vaccine developed by Japanese drugmaker Takeda Pharmaceuticals.
• The Ibu volcano on Indonesia's remote island of Halmahera erupted.
• The 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) was held in Putrajaya, Malaysia from 7-9 May 2024 .
• Spain has become the 99th member of the International Solar Alliance.
• The season's first severe cyclonic storm in the Bay of Bengal, 'Remal,' reached Bangladesh and adjoining the West Bengal coasts.
• Russia will build the first nuclear power plant in post-Soviet Central Asia, specifically in Uzbekistan.

CURRENT AFFAIRS : STATE NEWS

• Marble mined in Gujarat's Ambaji has been awarded the Geographical Indication (GI) tag by the Central Government.
• The Uttarakhand government has launched the ‘Pirul Lao-Paise Pao’ campaign to address the issue of forest fires.
• Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao opposed the Telangana government's decision to exclude images of Charminar and Kakatiya Arch from the new state emblem to be launched on June 2nd, the State formation day.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

• Lai Ching-te of Taiwan’s ruling Democratic Progressive Party (DPP) has been sworn in as the self-governing island’s new President.
• Vedanta Aluminium announced that its Chief Executive Officer (CEO), John Slaven, has been appointed as Vice-Chairman of the International Aluminium Institute (IAI).
• Shri Ramesh Babu V. has been appointed as a Member of the Central Electricity Regulatory Commission (CERC).
• To Lam, the Minister of Public Security, has been approved by Vietnam’s National Assembly as the country's next President for the 2021-2026 tenure.
• Vice Admiral Gurcharan Singh assumed the appointment of Commandant, National Defence Academy (NDA) from Vice Admiral Ajay Kocchar.
• Air India announced the appointment of Sanjay Sharma as the Chief Financial Officer (CFO) with effect from June 10, 2024.
• Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), will step down from day-to-day management and take up the role of Chairman of the Board of Trustees by January 2025 after over 50 years of leadership.
• The Appointments Committee of Cabinet (ACC) approved a one-month extension for Chief of the Army Staff (COAS) General Manoj C. Pande.
• Saudi Arabia appointed Faisal bin Saud Al-Mejfel as its ambassador to Syria, marking the kingdom's first envoy to Damascus since the closure of the Saudi embassy in 2012 during the Syrian civil war.
• Indian-American attorney Jaya Badiga, a certified family law specialist, has been appointed as a Judge in the Sacramento County Superior Court in the US state of California.
• French automaker Citroen has appointed former India cricket captain Mahendra Singh Dhoni as its brand ambassador in India.
• The Reserve Bank of India (RBI) has granted its approval for the appointment of Pradeep Kumar Sinha as the Part-time Chairman of ICICI Bank. for a term of 3 years, starting from July 1, 2024.
• The Appointments Committee of Cabinet (ACC) approved a one-year extension in service for Samir V Kamat, Secretary of the Department of Defence R&D and Chairman of DRDO, extended his term to May 31, 2025, beyond his normal retirement date of May 31, 2024.
• Senior bureaucrat Pradip Kumar Tripathi has been appointed as the Lokpal Secretary as part of a secretary-level reshuffle effected by the Centre.
• FSN E-Commerce Ventures, known as Nykaa, has appointed Santosh Desai as an Independent Director on its board, effective from July 15, 2024.
• The board of the National Asset Reconstruction Company (NARCL) has proposed P Santhosh for the position of managing director (MD) and chief executive officer (CEO) of the state-owned bad bank.
• Procter & Gamble Hygiene and Health Care, one of P&G India’s listed entities that includes brands like Vicks and Whisper, announced the appointment of Mrinalini Srinivasan as the company’s chief financial officer (CFO) effective June 29, 2024.
• The Ministry of Home Affairs (MHA) approved the extension of Delhi Chief Secretary Naresh Kumar's tenure by 3 months.
• Sony Corporation appointed Gaurav Banerjee as the new CEO of its India unit, Sony Pictures Networks India (SPNI), replacing NP Singh, who resigned after 25 years with the company.

CURRENT AFFAIRS: AWARDS AND HONOURS

• Pawan Sindhi received the coveted Global Pride of Sindhi Award 2024 on an occasion attended by renowned saints, Mahatmas, and sadhus.
• Dr Soumya Swaminathan, most recently WHO’s Chief Scientist, has been named among the 10 exceptional individuals who will receive honorary degrees from Canada's prestigious McGill University as part of the Spring 2024 Convocation ceremonies.
• Chandrakant Satija, the Founder and CEO of Chandra Admission Consultants, wins the Global Excellence Award 2024 for being the “Most Trusted Admission Consultant in Vidarbha Region”.
• German author Jenny Erpenbeck and translator Michael Hofmann won the International Booker Prize for fiction for “Kairos,” the story of a tangled love affair during the final years of East Germany’s existence.
• Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has been conferred the prestigious ATD BEST Awards 2024 for its strategic approach to talent development driving business results.
• NTPC has achieved an impressive milestone by securing the 3rd rank globally at the ATD BEST Awards 2024, this being the highest ranking among all Indian companies.
• Renowned spiritual leader Sri Sri Ravi Shankar received the inaugural stamp commemorating the 200-year anniversary of Indian Origin Tamils (IOT) in Sri Lanka.
• India’s performance at the 77th Cannes Film Festival has been phenomenal with two filmmakers, an actress and a cinematographer winning top awards at the world’s leading film festival.
• Major Radhika Sen, an Indian peacekeeper, receives the prestigious Military Gender Advocate Award for her exceptional contributions during her deployment with the United Nations Mission in Congo (MONUSCO).
• NHPC, India’s premier hydropower company, has been honoured with the esteemed ‘The Economic Times HR World Future Ready Organization Award 2024-25’.

CURRENT AFFAIRS : PERSON IN NEWS

• Ed Dwight, a 90-year-old artist and former Air Force test pilot who was denied a chance to become the first African American astronaut six decades ago, finally rocketed into space, fulfilling a cherished dream in a brief up-and-down flight out of the lower atmosphere.

CURRENT AFFAIRS: BUSINESS NEWS

• Global personal computer (PC) manufacturer HP has announced the rebranding of its consumer and commercial PC portfolios to simplify and streamline its product offerings.
• The market capitalisation of companies listed on BSE crossed $5 trillion for the first time, turning the spotlight on valuations.
• The Ministry of Corporate Affairs (MCA) has imposed fines to the tune of INR 27 Lakh on LinkedIn India, the professional networking platform owned by Microsoft, and its CEO Satya Nadella, along with eight other individuals, for violating significant beneficial ownership (SBO) norms under the Companies Act, 2013.
• India is the only country, among the top five steel-producing nations, to have seen a growth in production in April, with the others seeing production drop by as much as 7% during the month.
• Decentro, a fintech infrastructure provider in India, has launched Flow 2.0, a next-generation payment stack designed to address comprehensive payment needs for businesses.
• The United Nations has updated its growth rate forecast for the Indian economy in 2024 (January-December) to 6.9 percent.
• India's internet economy is on track for substantial expansion, with experts forecasting it to reach $1 trillion by 2030.
• In a bid to counter tax evasion within the pan masala and tobacco industries, the GST portal has introduced new protocols and procedures for manufacturers to register their machinery and report their monthly inputs and outputs.
• The Federation of Indian Export Organisations (FIEO) anticipates that India's merchandise exports will rebound to $500-510 billion in FY 25, following a 3% decline in the preceding fiscal period.
• DP World, a dominant force in global logistics, has unveiled its largest free trade warehouse zone in Chennai, India, cementing Tamil Nadu’s position as a leading center for economic advancement.
• The Open Network for Digital Commerce (ONDC), initiated in 2021, has experienced significant growth, with transactions surpassing 70 lakh in April of 2024.
• According to the Reserve Bank of India (RBI), India’s foreign exchange reserves witnessed a rise of $2.56 billion, reaching a total of $644.15 billion by the week ending on May 10.
• The Indian economy demonstrated robust growth throughout the first three quarters of the 2023-24 fiscal year, with GDP expanding by 8.2% in the June quarter, 8.1% in the September quarter, and 8.4% in the December quarter.
• Fusion MicroFinance has secured a $25 million loan from the United States International Development Finance Corporation (DFC) to support its expansion initiatives, with a primary focus on empowering rural women entrepreneurs.
• China emerged as India's largest trading partner with $118.4 billion in two-way commerce in 2023-24, surpassing the USA.
• GAIL (India) Ltd, the nation's leading natural gas transmission and distribution firm, has achieved a significant milestone with the commissioning of its first green hydrogen plant. Located in Vijaipur, Madhya Pradesh, this marks the company's entry into the realm of new and alternative energy sources.
• The income Tax department sets the Cost Inflation Index at 363 for the financial year 2024-25
• The market capitalisation (mcap) of all listed companies on the Bombay Stock Exchange (BSE) has increased by 61 percent since the end of March 2023.
• Tata Communications and Cisco join forces to tap into India’s burgeoning calling market, valued between $300 to $400 million, with a yearly growth rate of 10 to 12%.
• India’s first Multimodal Logistics Park, conceptualized 12 years ago and located at Mappedu near Chennai, will finally see construction commence in June, led by Reliance Industries.
• The Life Insurance Corporation of India (LIC) has reported a 2.5% year-on-year increase in net profit for the March quarter of FY24, reaching ₹13,762 crore compared to ₹13,421 crore in the same period last year.
• TATA AIG General Insurance, a leading private insurer, launches Surety Insurance Bonds to bolster infrastructure development, aligning with the government's allocation of 3.3% of GDP in FY 2024.
• Tata AIA Life Insurance introduces a pioneering service enabling policyholders to secure instant loans, up to Rs. 1 lakh, via the MyDigiAccount portal, ensuring a hassle-free digital process.
• Reliance Industries Limited enters a pivotal one-year agreement with Russia's Rosneft, committing to purchase a minimum of 3 million barrels of oil per month, denominated in roubles.
• Radisys, backed by Reliance, leads a consortium named Next-Gen Infra Co (NGIC), partnering with Nokia, Mahindra Tech, Ascend Digital, K-NET, and Mobile Network Operators (MNOs) AT Ghana and Telecel Ghana to establish a 4G and 5G network for the Government of Ghana.

CURRENT AFFAIRS: RANKING AND INDEX

• Henley and Partners, a leader in residence and citizenship planning, recently unveiled a list of the World's Wealthiest Top 10 cities and Rising Wealth Hubs, highlighting cities that attract high-net-worth individuals (HNWIs) with liquid investable wealth of USD 1 million or more.
• India has climbed to the 39th position in the World Economic Forum’s Travel & Tourism Development Index 2024, while the US topped the list.
• Delhi has scored the 350th rank in the Oxford Economics’ Global Cities Index, which has compared the world's 1000 largest cities on parameters ranging from economics to human capital.
• More than half of the world's mangrove ecosystems are at risk of collapse, with nearly one in five facing severe risk, according to the findings of the first global mangrove assessment.
• The World Bank report, titled “Water for Shared Prosperity,” was released at the 10th World Water Forum in Bali, Indonesia.

CURRENT AFFAIRS : ACQUISITIONS & MERGERS

• Walt Disney Co has sold its minority stake in Tata Play to Tata Group, indicating a strategic shift in its focus.
• Internet major Google has proposed an investment of around $350 million (about Rs 2,900 crore) to buy a minority stake in e-commerce company Flipkart during a fresh funding round.

CURRENT AFFAIRS : DEFENCE NEWS

• The Indian Army has received 27,000 Kalashnikov AK-203 assault rifles, produced at the Russian-Indian joint venture IRRPL (Indo-Russian Rifles Private Limited) in the Indian central state of Uttar Pradesh (UP).
• Chief of Defence Staff (CDS) Gen Anil Chauhan attended ‘Exercise Cyber Suraksha – 2024’, on May 22, 2024, and underscored the importance of strengthening India’s cyber defence capabilities.
• The Indian and French armies are actively participating in the 7th edition of the Joint Exercise Shakti.
• The Defence Research & Development Organisation (DRDO) successfully flight-tested the RudraM-II air-to-surface missile from the Su-30 MK-I platform of the Indian Air Force (IAF) off the Odisha coast at approximately 1130 hours.

CURRENT AFFAIRS: MOUS AND AGREEMENT

• Amazon India announced signing a Memorandum of Understanding (MoU) with Visakhapatnam Forest Tribals to help tribal artisans from Visakhapatnam sell authentic handcrafted products to a global audience via its e- commerce platform.
• The Department of Animal Husbandry & Dairying (DAHD), Ministry of Fisheries, Animal Husbandry & Dairying signed a memorandum of understanding (MoU) with the United Nations Development Programme (UNDP) on digitalisation of vaccine cold chain management, capacity building, and communication planning.
• Tata Steel has signed an agreement with National Grid Plc's Electricity System Operator to build the power infrastructure required to switch its Port Talbot site to a green steel project.
• India and the UK strongly condemned terrorism in all its forms including the cross-border movement of terrorists and emphasised the need for strengthening international cooperation to combat the menace comprehensively.
• Reliance Industries Ltd (RIL) has signed an agreement with Norway's Nel ASA to source technology for producing green hydrogen.
• Members of the World Intellectual Property Organization (WIPO) have agreed that patent applicants must disclose the country of origin or source of genetic resources if their inventions are based on these materials or associated traditional knowledge.
• The National Skill Development Corporation (NSDC) and the International Labour Organization (ILO) join forces under the Ministry of Skill Development & Entrepreneurship (MSDE) to bolster skill development and lifelong learning initiatives in India and beyond.
• News Corp has partnered with OpenAI to revolutionize news dissemination through AI technologies.
• The Indian Institute of Technology Madras (IIT Madras) and the College of Engineering Thiruvananthapuram (CET) have achieved a significant breakthrough in electrical measurement technology.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

• As part of its suite of announcements during its high-profile I/O event, Google announced a brand new personal AI Assistant that could be the successor to the Google Assistant.
• Pune-based Serum Institute of India (SII), has shipped its first batch of malaria vaccines- R21/Matrix-M to Africa.
• Astronomers identified rocky planets beyond our solar system with an
• Japan and the United States (US) are planning to develop interceptors to shoot down hypersonic missiles by the 2030s under a contract signed by the two countries.
• Bengaluru-based space technology startup GalaxEye has successfully tested its all-weather, all-time prolonged aerial surveillance technology, which could enhance India's defense capabilities.
• The National Aeronautics and Space Administration (NASA) is gearing up to launch its latest mission, the Polar Radiant Energy in the Far-Infrared Experiment (PREFIRE).
• Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX's satellite internet service, Starlink, for Indonesia's health sector.
• Microsoft is innovating by introducing a new category of personal computers with AI features, emphasizing its efforts to integrate emerging technologies into its products.
• Internet major Google will partner with iPhone manufacturer Foxconn to produce its ultra-premium Pixel smartphones for the first time in Tamil Nadu (TN).
• SpaceX has launched the first batch of operational spy satellites as part of a new American intelligence network.
• Indian Army has collaborated with Indian Oil Corporation Limited (IOCL) for demonstration trials of Hydrogen Fuel Cell Bus technology.
• Tata Consultancy Services (TCS) has joined forces with the Indian Institute of Technology Bombay (IIT Bombay) to create India's inaugural Quantum Diamond Microchip Imager.

CURRENT AFFAIRS: SPORTS NEWS

• Jorge Martin extended his lead in the championship with a thrilling victory in the French MotoGP at Le Mans
• The Japanese men's hockey team made history when it won the Sultan Azlan Shah Trophy for the first time.
• Magnus Carlsen won ten games in a row to win the Grand Chess Tour Superbet Rapid and Blitz 2024.
• P Shayaamnikhil became India's 85th Grandmaster by completing his third and final GM norm in the just-concluded Dubai Police Masters chess tournament, ending a 12-year-wait for the player who took to the sport as an eight-year-old.
• The United Nations General Assembly has proclaimed 25th May as the World Football Day, by adopting a resolution during the 80th plenary meeting of the General Assembly in New York.
• Iga Swiatek defeated Belarusian Aryna Sabalenka in the final by 6-2, 6-3 to win her third Italian Open title.
• Para-athlete Deepthi Jeevanji of India created a world record of 55.07 seconds in the category of women’s 400m T20 at the ongoing Para Athletics World Championship 2024 in Kobe, Japan.
• Jyoti Ratre, an entrepreneur and fitness enthusiast from Madhya Pradesh, has become the oldest Indian woman to conquer Mount Everest.
• Dipa Karmakar won the gold medal in the vault event, making her the first Indian gymnast to secure the continental title at the Asian Women's Artistic Gymnastics Championships in Tashkent.
• In a remarkable display of athleticism, the Indian mixed 4x400m relay team comprising Muhammed Ajmal, Jyothika Sri Dandi, Amoj Jacob, and Subha Venkatesan clinched the gold medal at the 2024 Asian Relay Championships held in Bangkok, Thailand.
• The International Olympic Committee (IOC) has teamed up with the Reliance Foundation and the Abhinav Bindra Foundation to introduce the "Let's Move India" campaign, encouraging everyone to rally behind the Olympians gearing up for the Paris Olympics.
• The Women’s Tennis Association (WTA) has agreed to a multi-year partnership with Saudi Arabia’s Public Investment Fund (PIF).
• Charles Leclerc, the Ferrari driver, has made history by becoming the first Monegasque driver to win the Monaco Grand Prix since Louis Chiron in 1931, ending a remarkable drought of 92 years.
• Historic Achievement: Dipa Karmakar secures India's first-ever gold at the Asian Championships.
• Hayley Matthews, the captain of the West Indies team, has been awarded the ICC Women’s Player of the Month for her outstanding all-round performances that were instrumental in the West Indies’ triumph in Pakistan across both the ODI and T20I series.
• Muhammad Waseem, the captain and opener for the UAE team, has been honoured as the ICC Men’s Player of the Month for his remarkable batting prowess that propelled the UAE to victory in the ACC Premier Cup.

CURRENT AFFAIRS : OBITUARIES

• Iran’s 8th President Ebrahim Raisi tragically died in a helicopter crash in the mountainous northwestern region of Iran.
• Yashwant Pendharkar, chairman of ayurvedic cosmetics giant Vicco Laboratories, passed away at the age of 85 in Nagpur.
• Kabosu, the famous Shiba Inu dog behind Dogecoin and various meme tokens, has passed away.
• Two-time PGA Tour winner Grayson Murray passed away at the age of 30.