LSE Names A Professorship After Economist Amartya Sen
Pakistan navy successfully test-fires indigenous cruise missile
- The London School of Economics and Political Science (LSE) has created a new academic position in honor of philosopher and economist Amartya Sen who was a professor there from 1971-82.
- Called the “Amartya Sen Chair in Inequality Studies,” its holder will also serve as Director of the LSE International Inequalities Institute, which facilitates interdisciplinary work on subjects related to inequality.
- Static/Current Takeaways Important for LIC AAO Exam:
- Amartya Sen won the Nobel Prize in Economics in 1998, Bharat Ratna in 1999 and National Humanities Medal in 2012.
Pakistan navy successfully test-fires indigenous cruise missile
- Pakistan Navy successfully test-fired an indigenous cruise missile in the Arabian Sea.
- It has anti-ship missile and land attack capability.
- According to Pakistani Navy, the missile accurately hit its target on land signifying the impressive capabilities of the indigenous missile system.
US waivers for Iran oil imports end on May 2, won’t impact India's investments in Chabahar port
- The US Secretary of State Mike Pompeo announced that the sanction waivers that it had granted to some countries still buying oil from Iran will terminate on May 2, 2019.
- With this announcement, five countries namely, India, China, Japan, South Korea and Turkey will no longer be exempted from the US sanctions.
- The United States clarified that the Chabahar Port Project would not be impacted by sanctions on Iran. The Chabahar Port Project is being developed by India in Iran.
Fabio Fognini Becomes First Italian To Claim ATP Masters 1000 Title
- Fabio Fognini became the 1st Italian to win an ATP Masters 1000 title at the Rolex Monte-Carlo Masters. He defeated Dusan Lajovic.
- The Italian defeated World No. 3 Alexander Zverev to reach the quarter-finals and stunned 11-time champion Rafael Nadal in the last four.
National Panchayati Raj Day
- National Panchayati Raj Day is celebrated every year on 24 April in India. On this day Constitution came into force with effect from 24 April, 1993.
- In 2010 the 1st National Panchayati Raj Day was celebrated. A new part in the Constitution Part IX was added by passing 73rd Amendment Act from Article 243 to 243 (O) titled “The Panchayats” and a new Eleventh Schedule consisting of 29 subjects within the functions of Panchayats were also added.
SEBI reduces minimum subscription requirement for InvITs, REITs
- Markets regulator SEBI has reduced the minimum subscription requirement as well as defined trading lots for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
- REITs have to offer their units in lots worth at least Rs. 50,000 in initial and follow on public offers.
- The minimum value of a single lot should be Rs. 1 lakh in the case of InvITs.
The Authorised capital of Allahabad Bank raised to Rs. 8000 crore by the government
- The Government of India has increased the authorized capital of state-owned Allahabad Bank from Rs. 3,000 crore to Rs. 8,000 crore after consultation with the Reserve Bank of India.
- This move by the central government has enabled Allahabad bank to raise further fund up to a maximum ceiling of Rs. 8,000 crore.
Yogi won assembly elections in Japan
- An Indian-origin Japanese "Puranik Yogendra" has been elected to Tokyo’s Edogawa Ward assembly, becoming the 1st Indian to win an election in Japan.
- Puranik Yogendra, a naturalized Japanese, secured 6,477 votes, the fifth highest of the 226,561 valid ballots cast, in the April 21 poll.
Over 34,000 Indians live in Japan
Asia-Pacific Stevie Awards announces its 2019 winners list
- Winners in the 6th annual Asia-Pacific Stevie Awards, the awards programme to recognize innovation in business throughout the entire Asia-Pacific region.
- Among the winners of the 2019 Asia-Pacific Stevie Awards are 18 organisations in India. In total, they’ll receive 43 Stevie Awards: 10 Gold Stevies, 19 Silver and 14 Bronze. This high number of Gold, Silver and Bronze Stevies is evidence of the great performance of organisations in India.
- Among the top overall winners are PT Petrokimia Gresik (Indonesia) with eight Gold, nine Silver and 15 Bronze Stevie Awards and SM Supermalls (Philippines) with three Gold, 25 Silver and 20 Bronze Stevie wins.
Jhulan Goswami received best sportsperson award
- Jhulan Goswami, world’s leading wicket-taker in women’s one-day internationals, was awarded the 'Best Sportsperson’ award by the Calcutta Sports Journalists’ Club.
- Sambaran Banerjee and former India winger Sukumar Samajpati won the Lifetime Achievement awards.
- Promising Sportsperson of the Year was given to Neelash Saha.
- Best footballer was given to Pritam Kotal.
Michelin-star chef Vikas Khanna named IAAC brand ambassador
- Michelin-star chef Vikas Khanna has been named brand ambassador of a leading cultural organisation which will organise the annual New York Indian Film Festival next month that showcases the celebrity chef’s film ‘The Last Color’ and Nawazuddin Siddiqui-starrer ‘Photograph’.
- The IAAC will present the New York Indian Film Festival (NYIFF), North America’s longest-running and most prestigious Indian film festival from May 7 to 12. Sarod maestro Ustad Amjad Ali Khan has accepted to join the IAAC board.
Bajrang Punia won gold in AWC
- India clinched one gold, one silver and bronze at the Asian Wrestling Championship in China’s Xian .
- World number one Bajrang Punia claimed a gold medal in it.
- He defeated Kazakhstan’s Sayatbek Okassov 12-7 in a nail-biting 65kg men’s freestyle final.
- In 97 Kg category Satywart Kadian, picked a bronze medal defeating Haobin Gao of China by 8-2.
