28th and 29th April Most Important News

"This article is all about daily important news updates and GK which may help you out to get updated what’s going around you and this may also help you for your Government and Non-government exams preparations"

• SIPRI data on Global military expenditure has released:

 

Stockholm International Peace Research Institute (SIPRI) has released Global military expenditure data which shows a rise of 3.6% (USD 1,917 billion) in 2019.SIPRI which headquarter is in Solna, Sweden has also reported that this was the largest annual spike in the decade since 2010.where china and India being the second largest spenders after the US for the first time followed by Russia and Saudi Arabia.

• RBI has announced Rs 50,000 crore for Special Liquidity Facility for Mutual Fund:

 

The Reserve Bank of India (RBI) announced a special liquidity facility of Rs 50,000 crore for mutual funds (SLF-MF), in a move to ease the liquidity pressures on mutual funds amid coronavirus crisis. Under the SLF-MF, the RBI shall conduct repo operations of 90 days tenor at the fixed repo rate.

• Indian Overseas Banks special borrowing Programme:

 

Indian Overseas Bank (IOB) has introduced a special borrowing programme for self-help groups (SHG) to help them tide over the challenges inflicted by the COVID-19 pandemic. The maximum loan amount is 5,000 per member of a Self Help Group with a cap of Rs 1 lakh without any kind of processing fee.

• Pakistan Navy successful test-fires anti-ship missiles:

 

The Pakistan Navy has successfully test-fired a series of anti-ship missiles from Surface & Aviation units in the North Arabian Sea. Chief of the Naval Staff Admiral Zafar Mahmood Abbasi witnessed the firing of the missiles. The missiles were fired from surface ships, fixed and rotary-wing aircraft.

• World Bank released Commodity Market Outlook:

 

World Bank’s April 2020 Commodity Markets Outlook has been released which forecasts prices for 46 key commodities, including oil. The report says most commodity prices are expected to decrease substantially in 2020 due to coronavirus.

• Trump says US will seek substantial damages from China for Covid 19

 

Revealing that his administration is conducting “very serious” and “very strong” investigations into China’s role in the global coronavirus pandemic, US President Donald Trump said on Monday that Washington is considering punitive financial steps against Beijing that could result in some form of reparation totaling hundreds of billions of dollars.

• Covid-19: Ahmedabad’s death rate is higher than Mumbai, Delhi

 

While India records a death rate of 3.1% for Covid-19 patients, this is much higher at 4.71% for patients in Ahmedabad. Against 899 deaths in 28,622 cases in India, Ahmedabad recorded 102 deaths of 2,167 cases till Monday. This is higher than Mumbai which has recorded 204 deaths out of 5,407( 3.77%) and Delhi’s deaths of 54 to the infected 2,919 cases ( 1.85%).

Other News

Vodafone Idea and Paytm have launched ‘Recharge Saathi’ program that will help

Individuals and small businesses to earn an additional income which will enable any Paytm customers after registration to start selling Vodafone and Idea recharges on Paytm app.

Government has declared banking industry as a public utility service for 6 months till

October 21 under the provisions of the Industrial Disputes Act. Inclusion of the Banking Industry under this provision of the Industrial Disputes Act prohibits any banking sector employees and officer to go on strike.

The Indian Institute of Information Technology and Management-Kerala has developed an AI semantic search engine to enable researchers to get deeper insights into COVID-19-related scientific studies. The search engine has been named 'Vilokana' which means 'finding out' in Sanskrit.

The PRACRITI (Prediction and Assessment of Corona Infections and Transmission in India) dashboard will provide the R0 values of each district and state in India based on the data available from sources such as the MoHFW, NDMA, and WHO. The platform will be useful for healthcare bodies, local and central authorities.

Airtel and Nokia sign multi-year deal to deploy Nokia’s Single Radio Access Network

(SRAN) solution across 9 circles in India to enhance the network capacity & improve

Customer experience with 300,000 radio units across several spectrum bands. Nokia's SRAN solution helps operators manage their 2G, 3G and 4G networks from one platform reducing network complexity and increasing cost efficiencies.

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