www.anujjindal.in
www.anujjindal.in
MICROSOFT successrbi@anujjindal.insuccessrbi@anujjindal.in
successrbi@anujjindal.in
www.anujjindal.in
UNICORN
A term coined in 2013 by American Venture capitalists Aileen Lee, refers to a start -up
valued at over $1 billion. The term was chosen to represent the statistical rarity of such
successful ventures. Flipkart became unicorn in 2012.
Courtesy : Mint
NATIONAL NEWS
• The state government has set aside Rs12,000 crore in the 2018-19 budget for
Rythu Bandhu
3. The inaugural session of the Indian Pavilion at the Cannes Film Festival 2018 was held
at Cannes, France. It was hosted by noted actor Sharad Kelkar.
4. In a bid to help sugar mills to clear cane dues of farmers, Central Government has
issued orders to extend financial assistance @ of Rs. 5.50 per quintal of cane crushed in
sugar season 2017-18 to sugar mills to offset the cost of cane.
6. Indian Navy is engaged in conducting a joint Exclusive Economic Zone (EEZ) surveillance
of Maldives.
• For this purpose, Indian Navy has deployed Indian Naval (IN) ship Sumedha, a
Naval Offshore Patrol Vessel (NOPV), from 9th to 17th May 2018.
• In context of this news, it is important to note that two officers and eight sailors
of the Indian Navy’s Marine Commando (MARCO) cadre are currently
conducting the 2nd Asymmetric Warfare Training Exercise ‘Ekatha 2018’ at
Maldives.
7. India’s longest road and railway bridge “Bogibeel bridge”, linking Dibrugarh in Assam to
Pasighat in Arunachal Pradesh is expected to be inaugurated in 2018 by Prime Minister
Narendra Modi.
• The bridge is 32 metres above the water level of the Brahamaputra River.
8. On 10th May 2018, a parliamentary panel headed by BJP leader Murali Manohar Joshi
decided to study the recovery of black money and performance of public sector banks
etc.
• The panel will overview the import of uranium for nuclear plants, mining
activities and environment, upgrading of India Post offices and the drought
situation in India etc.
9. Kerala Government approved setting up of the Kerala Fibre Optic Network Limited, the
Joint Venture, to implement the Kerala Fibre Optic Network (K-FON) project, as a part of
its programme to offer free internet to over 20 lakh poor families.
10. The IAF (Indian Air Force) successfully conducted its first online selection test for
airmen.
• The first ever Scheduled Test for Airmen Recruitment (STAR) was held through
computer based online tests in association with Centre for Development of
Advanced Computing (CDAC) Pune.
11. The United States Stanford University will partner with Uttar Pradesh to fight disease
like Japanese Encephalitis (JE) and Acute Encephalitis Syndrome (AES).
12. Flipkart co-founder and Executive Chairman Sachin Bansal has announced his exit from
Flipkart, following Walmart’s deal to acquire Flipkart.
14. NITI Aayog will come out with the Sustainable Development Index next month to rank
states based on their performance on this field.
INTERNATIONAL NEWS
1. In collaboration with the U.S.-India Aviation Cooperation Program and the Government
of India, US Trade and Development Agency (USTDA) is hosted the 6th U.S.-India
Aviation Summit in Mumbai, India.
1. YES Bank is all set to roll out a capacity building project with farmers in Haryana and
Rajasthan under its ‘Livelihood and Water Security’ CSR initiative.
• The overall focus of the programme would be on sustainable agricultural
practices and digital literacy.
APPOINTMENTS
1. Munu Mahawar, an Indian Foreign Service (IFS) officer has been appointed as the next
Ambassador of India to the Sultanate of Oman.
2. Manu Ahuja has been appointed as Chief Executive Officer and Managing Director of
Jubliant Industries Ltd.
AWARDS
1. Prof Muhammad Yunus was awarded the 11th KISS Humanitarian Award 2018 at an
event, in Bhubaneswar, Odisha.
• KISS (Kalinga Institute of Social Sciences)
• He is the founder of Grameen Bank of Bangladesh. He is known as the Father of
Microfinance.
• He is the second Nobel laureate to receive this award.
• KISS Humanitarian Award is an international award given to someone who has
made exceptional contribution to the society in various fields relating to social
issues and who has distinguished himself or herself as a true humanitarian
IMPORTANT DAYS
SPORTS
MISCELLANEOUS
1. Former Test cricketer Rajinder Pal, who represented India in one Test match, passed
away
2. Film editor Anne V. Coates, died in California, United States
• She had received an honorary Oscar, for her lifetime of work, at the 2016
Governors Awards ceremony.
3. Australia’s oldest scientist David Goodall ended his own life at a clinic in Switzerland.