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CURRENT AFFAIRS DETAILS

# Title Description Image Date Source Link
1 EU Announces $1 Billion Aid To Lebanon Amid Economic Crisis

EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the country mired in an economic meltdown exacerbated by a migrant crisis and the threat of war with Israel.

"I can announce a financial package of $1 billion for Lebanon that would be available from this year until 2027," she said, adding that "we want to contribute to Lebanon's socio-economic stability".

The European Commission president said the aid was designed to strengthen basic services such as education and health.

06-May-2024 News in Details
2 Mumbai City FC beats Mohun Bagan SG 3-1 to win the ISL Cup

Mumbai City FC stunned home-favourite Mohun Bagan Super Giant 3-1 to win its second Indian Super League (ISL) 2023-24 final at the Salt Lake Stadium on Saturday.

Jason Cummings scored for Mohun Bagan while Jorge Pereyra Diaz, Bipin Singh and Jakub Votjus secured the Championship for the Islanders, putting over 62,000 fans into deathly silence.

Mumbai City’s coach Petr Kratky had said that the team would start on an active note and his team delivered, pressing well up the pitch, and earning six corner kicks against Mohun Bagan’s one in the first half.

06-May-2024 News in Details
3 ICICI market cap tops Rs 8 trillion, bank storms into the top five

Shares of ICICI Bank surged over 5% on Monday, sending its market capitalisation past the `8-trillion mark and into the league of the top five companies by market value. The private lender has become the second bank to cross this milestone, after HDFC Bank. ICICI Bank’s market capitalisation reached Rs 8.14 trillion after its shares touched an all-time high of Rs 1,163 apiece, before ending the session with a gain of 4.72%.

Reliance Industries maintains its position as the most-valued Indian company, boasting a market capitalisation of Rs 19.8 trillion, while software giant Tata Consultancy Services (TCS) follows closely behind with a market cap of Rs 14 trillion. Among banks, HDFC Bank leads with a market capitalisation of Rs 11.6 trillion, while the State Bank of India, the country’s largest lender, has a market value of Rs 7.4 trillion.

06-May-2024 News in Details
4 Indian Embassy in China meets students hit hard by COVID visa bans

The Indian Embassy here has held its first interactive session with the Indian students who suffered the most during the three-year COVID-19 period following China’s visa bans prolonging their academic periods for several years. Around 80 old and new students from more than 13 Chinese universities took part in the “welcome and interaction ceremony” held on May 4.

Indian Ambassador to China Pradeep Kumar Rawat, and Counsellor Nitinjeet Singh interacted with the students and heard their grievances and experiences during Saturday’s meeting.

The meeting also included a detailed presentation by Amit Sharma, Second Secretary (Education) on various services offered by the Embassy, Dos & Don’ts for students, the Embassy posting on X said. Until the coronavirus struck China in early 2020, over 23,000 Indian students, mostly studying medicine, in Chinese universities, constituting the second-highest number of foreign students after Pakistan.

06-May-2024 News in Details
5 India ranks 159 among 180 countries in World Press Freedom Index

India ranks 159th in the 2024 world Press Freedom Index published annually by Reporters Without Borders (RSF). Pakistan is ranked 152 while Sri Lanka 150.

India's ranking was 161 out of 180 countries last year.

The index ranks 180 countries on the ability of journalists to work and report freely and independently.

In the Asia-Pacific region – the world’s second most difficult region for practising journalism – five countries are among the world’s ten most dangerous countries for media personnel: Myanmar (171st), China (172nd), North Korea (177th), Vietnam (174th) and Afghanistan (178th). But, unlike last year, none of the region’s countries is in the Index’s top 15.

06-May-2024 News in Details
6 International No Diet Day 2024

May 6 marks International No Diet Day, a global celebration dedicated to promoting body acceptance, embracing diversity and respecting all body shapes and sizes. This important day aims to raise awareness about weight discrimination and fatphobia, while also challenging harmful dieting practices. By rejecting societal pressures to conform to narrow beauty standards, International No Diet Day encourages individuals to prioritise their mental and physical well-being over restrictive diets.

To commemorate this occasion, let’s take a moment to recognise why International No Diet Day holds significance in promoting body positivity and self-acceptance. Additionally, we’ve compiled a collection of wishes, messages, and quotes that you can share with your loved ones to spread the empowering message of body acceptance and celebrate the beauty of diversity.

06-May-2024 News in Details
7 India And New Zealand Hold 11th Joint Trade Committee Meeting To Strengthen Trade Relations

India and New Zealand concluded the 11th Joint Trade Committee (JTC) meeting in New Zealand on Thursday.

Led by Commerce Secretary Sunil Barthwal, the Indian delegation engaged in fruitful discussions with key stakeholders, including New Zealand’s minister for Trade, Todd McClay, and Acting Chief Executive Brook Barrington.

The meeting highlighted the immense potential for collaboration between the two nations, particularly in sectors like pharmaceuticals, agriculture, and food processing. Both sides acknowledged the existing trade complementarities and expressed a commitment to enhancing bilateral trade and people-to-people contacts.

One of the focal points of the discussions was the establishment of robust bilateral economic dialogue architecture, including the formation of working groups in areas such as agriculture, food processing, storage & transportation, forestry, and pharmaceuticals.

These groups aim to facilitate ongoing collaboration and address key trade and economic issues.

04-May-2024 News in Details
8 India, Indonesia agree to enhance collaboration in defence industry, maritime security

India and Indonesia on Friday agreed to enhance collaboration in areas of defence industry, maritime security and multilateral cooperation at the seventh India-Indonesia Joint Defence Cooperation Committee meeting held in New Delhi. It was chaired by Defence Secretary Giridhar Aramane and Secretary-General of Indonesia’s Ministry of Defence Air Marshal Donny Ermawan Taufanto.

During the meeting, both sides expressed satisfaction at the expanding scope of defence cooperation between the two countries. The progress made on various bilateral initiatives deliberated in meetings of working groups on defence cooperation and defence industries cooperation was also reviewed by the co-chairs, a Defence Ministry statement said.

04-May-2024 News in Details
9 2nd Session of India-Nigeria Joint Trade Committee held in Abuja

A seven-member delegation from India led by Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Shri AmardeepSingh Bhatia, accompanied by High Commissioner of India to Federal Republic of Nigeria,Shri G Balasubramanian and Economic Adviser, Department of Commerce, Ms. Priya P. Nair held a Joint Trade Committee (JTC) meeting with their Nigerian counterparts in Abuja from 29.04.2024 to 30.04.2024. The JTC was co-chaired by Permanent Secretary, Federal Ministry of Industry Trade and Investment, Nigeria, Ambassador Nura Abba Rimi; and Additional Secretary, Department of Commerce.

In a comprehensive dialogue, both sides undertook a detailed review of recent developments in bilateral trade and investment ties and acknowledged the vast untapped potential for further expansion. To this effect, both sides identified several areas of focus for enhancing both bilateral trade as well as mutually beneficial investments. These include resolving of market access issues of both sides, and cooperation in key sectors such as Crude oil and Natural Gas, Pharmaceuticals, Unified Payments Interface (UPI), Local Currency Settlement System, Power Sector and Renewable Energy, Agriculture & Food Processing, Education, Transport, Railway, Aviation, MSMEs, Development etc. Both sides agreed to early conclusion of Local Currency Settlement System Agreement to further strengthen bilateral economic ties.

04-May-2024 News in Details
10 Solomon Islands Picks China-Friendly Manele As New Prime Minister

Solomon Islands lawmakers selected Jeremiah Manele as their new prime minister on Thursday, elevating the former foreign minister who has pledged to continue the Pacific Island nation’s international policy that drew it closer to China.

Manele won 31 votes to Opposition leader Matthew Wales’ 18 votes in the 50-seat parliament, Governor General Sir David Vunagi announced outside parliament house.

A national election last month saw incumbent Prime Minister Manasseh Sogavare’s government lose half of its seats but failed to deliver a majority to any political party. The government and opposition parties lobbied intensively for weeks to win support from independents ahead of the vote for prime minister.

Police boosted security in the capital Honiara as newly elected lawmakers arrived at parliament on Thursday to vote in a secret ballot.

04-May-2024 News in Details