NATIONAL:
1. India-Nigeria
Why in news: India-Nigeria Local Currency Settlement System Agreement.
Key points:
• India and Nigeria aim to finalize a local currency settlement system to boost bilateral trade.
• The agreement, to be settled in Indian rupees and Nigerian naira, was discussed during the 2nd session of the India-Nigeria Joint Trade Committee in Abuja.
• Led by Amardeep Singh Bhatia, the Indian delegation included officials from RBI, EXIM Bank, and NPCI.
• Both nations targeted resolving market access issues and enhancing collaboration in sectors like Crude oil, Pharmaceuticals, UPI, Renewable Energy, Agriculture,
Education, Transport, MSMEs, etc.
INTERNATIONAL:
1. 20-Year Power Deal with Wind Stations
Why in news: Sri Lanka Signs 20-Year Power Deal with Adani Green Energy for Wind Stations
Key points:
• Sri Lanka has sealed a 20-year power deal with Adani Green Energy Ltd of India.
• As part of the deal, Adani will receive 8.26 cents per kilowatt-hour that is approximately 7 rupees, as announced by the Sri Lankan government.
2. AI-Powered Digital Spokesperson for Foreign Ministry
Why in news: Ukraine unveiled AI-Powered Digital Spokesperson for Foreign Ministry
Key points:
• Ukraine has unveiled an AI-generated spokesperson, named Victoria Shi.
• She is to deliver official statements from its foreign ministry.
3. Tactical Nuclear Weapons Use
Why in news: Russia announced drills simulating Tactical Nuclear Weapons Use
Key points:
• Russia’s Defence Ministry has recently announced its decision to conduct exercises simulating the use of tactical nuclear weapons.
• It is the first public announcement by Russia involving tactical nuclear weapon drills, although it regularly conducts exercises with its strategic nuclear forces.
• Tactical nuclear weapons are designed with a lower yield and are intended for use on the battlefield rather than for mass city destruction.
• The types include air bombs, warheads for short-range missiles, and artillery munitions.
PRIZES/AWARDS/HONOURS:
1. 2024 Pulitzer Prize Winners Announced
Why in news: The prestigious Pulitzer Prizes for 2024 were announced on May 7, 2024, by Columbia University in the United States of America.
Key points:
• The awards are considered the most prestigious in the fields of journalism and arts.
Journalism Category:
Book, Drama, and Music Category:
2. 6th International Newspaper Design Competition
Why in news: The Hindu won at 6th International Newspaper Design Competition.
Key points:
• The Hindu's feature on Neeraj Chopra's athletic prowess won big at the 6th International Newspaper Design Competition.
• It secured top honors for its exceptional layout and engaging content.
• The accolades were garnered for their exceptional explainer page titled “The science behind Neeraj’s skills.
• The Hindu clinched the highest honor, the ‘Best of Show’ award, recognizing its outstanding contribution to newspaper design excellence.
• The publication’s insightful portrayal of Neeraj Chopra’s craft earned them the ‘Gold’ award in the ‘Best of Sports Page’ category.
IMPORTANT DAY:
1. World Thalassaemia Day 2024
Why in news: World Thalassaemia Day is observed annually on May 8th.
Key points:
• It aims to raise global awareness about this genetic disorder, support those affected and their caregivers.
• The theme of World Thalassaemia Day 2024- “Empowering Lives, Embracing Progress: Equitable and Accessible Thalassaemia Treatment for All’’.
• Thalassaemia is a genetic disorder.
• It affects the production of haemoglobin, leading to a shortage of red blood cells and anaemia.
2. World Red Cross and Red Crescent Day
Why in news: World Red Cross and Red Crescent Day is being observed on 8 May 2024
Key points:
• It aims to pay tribute to the millions of volunteers and staff working alongside people in need of protection, assistance, healthcare, social aid, and solidarity.
• It is observed every year on the 8th of May to honour the humanitarian work and principles of the International Red Cross and Red Crescent Movement.
SPORTS:
1. ASBC Asian U-22 and Youth Boxing Championships
Why in news: In boxing, the Indian contingent finished with remarkable haul of 43 medals in Astana, Kazakhstan
Key points:
• The Indian U-22 team finished with 21 medals, including seven gold, five silver, and nine bronze medals.
• The youth section bagged 22 medals, including five gold, nine silver, and eight bronze medals.
• India finished with the second-highest medal count, only behind the hosts, Kazakhstan, who have won 48 medals.
STATE/UT:
1. Bihar's First Antiquities Conservation
Why in news: Bihar's first antiquities conservation laboratory is ready in Patna Museum
Key points:
• Bihar's first antiquities conservation laboratory has been ready in Patna Museum, one of the oldest museums of Bihar.
• The work of conservation has also been started with the documentation of manuscripts, paintings made on paper, canvas, cloth etc. as well as books etc. I
• It has been constructed under the MoU signed with Indira Gandhi National Center for the Arts, New Delhi, in which approximately Rs 15 crore is being spent.
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