Current Affairs May, 2017

Union Minister for Road Transport, Highways and Shipping Nitin Gadkari has inaugurated India’s First Integrated Bio-refinery for Renewable Fuels & Chemicals for producing ethanol from a variety of biomass.

Three Indian Scientist have been elected as the Fellows of The Royal Society, a premier scientific academy of the United Kingdom and the Commonwealth, for their "outstanding contributions to science".

Justice Leila Seth who became the first woman Chief Justice of a State High Court has passed away at the age of 86. She has also received the distinction of becoming the first woman to top the London Bar exam as well as the becoming the first female judge of the Delhi High Court.

China’s home-grown C919 passenger jet has completed its maiden flight. China’s C919 is a symbol of China’s ambitions to take market share from Boeing and Airbus in the lucrative global jet market estimated to be worth $2 trillion over the next two decades.

In a major restructuring in the banking sector, Appointments Committee of the Cabinet (ACC), headed by Prime Minister Narendra Modi appointed heads of seven public sector banks besides shifting managing directors of PNB and Bank of India.

The US’ Terminal High Altitude Area Defense (THAAD) anti-missile system is operational in South Korea to guard against missile threats emanating from North Korea.

Kashmir based freelance photographer has bagged prestigious 2016 Wisden-MCC (Melbourne Cricket Council) Cricket ‘Photograph of the Year’ for capturing a stunning image of boys playing cricket at the Nishat garden in the outskirts of Srinagar.

The Reserve Bank of India (RBI) has tightened the rules around making the Joint Lenders’ Forum (JLF) more effective, directing banks not to break any rules and to meet all deadlines.

The government has declared the entire Assam as a “disturbed” area under the Armed Forces (Special Powers) Act for another 3 months.

• Facebook Launches ‘Express Wi-Fi’ in India
• Forex Reserves Touch Life Time High of $372.73 billion
• Biggest Combing Operation in 15 years conducted in South Kashmir

According to the Reserve Bank of India’s weekly statistical supplement, India’s foreign exchange (Forex) reserves have increased by $1.594 billion to touch a lifetime high of $372.73 billion in the week that ended on April 28.

The Army, security forces and police had launched a massive cordon and combing operation in south Kashmir’s Shopian district following the recent militant attacks on policemen and banking facilities.