Today’s Top News – 11 May 2024

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TODAYS TOP NEWS
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1. India Meteorological Department has predicted that there will be no heatwave in the areas, going to polls in the fourth phase of Lok Sabha elections on Monday.

2. Met Department forecasts rainfall and thunderstorm in eastern states for next two days.

3. Air India Express flight services from Kerala to Gulf countries remain affected despite agreement between management and employees. International flights to Muscat and Doha from Thiruvananthapuram also remain cancelled. The Calicut International Airport has cancelled five flights in the international sector.

3. ISRO achieved a major milestone with the successful hot testing of liquid rocket engine manufactured through Additive Manufacturing (AM) technology for a duration of 665 s on 9 May 2024. The engine used is the PS4 engine of PSLV upper stage.

4. India will start manufacturing ‘T100′ type of carbon fibre in the next 2.5 years in a bid to overcome the import licensing restrictions that prevent its use in strategic applications. T100 carbon fibre is used in defence, aerospace and civil engineering sectors, in the making of hydrogen cylinders, missiles, launch vehicles, aircraft, bullet proof jackets, bridges construction among others.

5. In Telangana Mahalakshmi Scheme for Rs. 2500 Financial Assistance to Women’: Till now the Mahalakshmi scheme has not been implemented for the people of Telangana but now soon after the elections results, CM Revanth Reddy may release the first instalment of the Mahalakshmi scheme to the women of Telangana.

6. BJP national president J.P. Nadda will visit Andhra Pradesh on Saturday to participate in a roadshow in Tirupati at 9:00 a.m.

7. The Tamil Nadu Animal Husbandry Department recently declared a prohibition on 23 dog breeds deemed ‘ferocious’, including well-known types like the Rottweiler, Pitbull Terrier and Tosa Inu.

8. Telecom department directs service providers to block over 28 thousand mobile handsets involved in cybercrimes.

9. Congress has demanded President rule in Haryana after three independent MLAs withdrew their support from the BJP government.

10. The Uttarakhand government has launched the ‘Pirul Lao-Paise Pao’ campaign to contain the raging forest fires in the state. Chief Minister Pushkar Singh Dhami launched the campaign in the Rudraprayag district on 8 May 2024.

11. Making a stunning claim, Bharat Rashtra Samithi chief and former Telangana chief minister K Chandrashekar Rao has said a group of regional parties could form a government and the NDA or INDIA alliances may end up having to support them, instead of the other way around.

12. Dust storm and thunderstorm, followed by rain and gusty winds with speed of 50-70 km/h, struck Delhi-NCR on Friday night after days of scorching heat.

LEGAL REPORT
#Chief Justice of India:
Shri Dhananjaya Y. Chandrachud

#Minister Of Law & Justice : Arjun Ram Meghwal
#International Court Of Justice Prz. : Nawaf Salam

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1. Sanatan Dharma remark: The Supreme Court seeks reply from UP, Maharashtra, Karnataka, Bihar & J&K on plea for clubbing FIRs: Earlier in March this year, the court had pulled up Tamil Nadu Minister Udhayanidhi Stalin for making his anti Hindu statements and seeking a relief for clubbing multiple FIRs lodged against him across the country, saying as a minister he should have been aware of the consequences.

2. Jailed Terrorist Amritpal Singh Seeks Temporary Release To Fight Polls : Khalistani terrorist and “Waris Punjab De” chief Amritpal Singh, who is currently lodged in Assam’s Dibrugarh Jail, approached the Punjab and Haryana High Court on Friday seeking temporary release to file his nomination to contest the Lok Sabha polls.

3. Excise Policy Case : Delhi CM Arvind Kejriwal received a warm welcome from his family members after he reached his residence. He was released from Tihar Jail after the Supreme Court granted him interim bail till 01 June.

4. Another woman has accused Hassan MP Prajwal Revanna of raping her and filed a complaint in this regard with the cyber-crime police station of the Criminal Investigation Department (CID).

5. The Supreme Court on Friday disposed of a plea filed by former Jharkhand Chief Minister Hemant Soren seeking a directive to the high court to deliver its verdict on his petition challenging his arrest by the Enforcement Directorate in the money laundering case . The plea became infructuous after the high court delivered its judgement on May 3, upholding Hemant Soren’s arrest.

The JMM leader has already challenged the high court order, and the apex court is scheduled to hear the matter on May 13.

6. The Supreme Court on Friday granted bail to convicted former cop Pradeep Sharma in connection with a fake encounter case of 2006. The case arose from the encounter killing of Ramnarayan Gupta alias Lakhan Bhaiya, an alleged member of Chhota Rajan’s gang.

The Bombay High Court had on March 19 convicted Sharma in the fake encounter case and sentenced him to life imprisonment, leading to the present appeal.

7. Congress leader Mani Shankar Aiyar’s remarks on Pakistan sparked a political row on Friday, In comments which have gone viral on social media, Aiyar is heard saying that India should give respect to Pakistan as it is a sovereign nation and engage with it as it also possesses an atom bomb.

8. A phone-tapping case in Telangana, the city Metropolitan Magistrate Court issued arrest warrants against former SIB chief and prime accused T. Prabhakar Rao and Shravan Kumar, senior executive of a regional media channel.

9. The Election Commission has dismissed the allegation raised by the Congress President Mallikarjun Kharge about the mismanagement and delay in release of voter turnout data.

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FINANCE
#Minister: Nirmala Sitharaman.
#Commerce & Industry : Piyush Goyal
#RBI Gvrnr: Shaktikanta Das
#President of the World Bank : Ajay Banga
#IMF MD: Kristalina Georgieva
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💰 USD ₹ 84 (Approx)
💷 GBP ₹ 105(Approx)
€ Euro : ₹ 90(Approx)
🇨🇳 Yuan ¥ : ₹ 12
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GDP(PPP ) :
purchasing power parity (PPP)
$13.119 trillion

GDP (nominal)
: $3.73 trillion
(Nominal means total market value of all goods and services produced in a country’s economy) .

GDP growth : 8.4% (Q3 2023-24)

India is the fifth largest economy in the world.

Inflation rate : Retail Inflation 5.69% in Dec 2023

Population : 143.86 cr
(17.7% of the total world population).
Unemployment : 10.09% (Oct2023)

Per capita: This income is also known as average income as it is calculated by dividing the total income of the country by the total population of the country.

GDP per capita
$2,845 (Nominal; 2024)
$9,983 (PPP; 2024)

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BSE SENSEX
72,664.47 +260.30 (0.36%)🌲
NIFTY
22,055.20 +97.70 (0.44%) 🌲
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Rates in Financial Capital Mumbai

GOLD : ₹ 73,700/10gm (24 krt)

SILVER : ₹ 87,800/KG

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⛽ FUEL in DELHI
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PETROL : ₹ 95/Ltr
DIESEL : ₹ 88/Ltr
CNG : ₹ 74/Ltr
LPG : ₹ 803/14.2 Kg
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⛽ FUEL in MUMBAI
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PETROL : ₹ 104/Ltr
DIESEL : ₹ 93/Ltr
Auto Gas : ₹ 60/Ltr
CNG : ₹ 74/Kg
LPG : ₹ 803/14.2 Kg

SBI General Insurance has announced the appointment of Jaya Tripathi as the Head – Key Relations Group.

2. The Reserve Bank of India recently conducted a buyback of government securities (G-Secs), receiving offers totaling ₹17,384.552 crore, but accepting only ₹10,513 crore, despite the notified amount being ₹40,000 crore. Market analysts speculate that banks may have offered G-Secs at higher prices, leading to rejection of offers out of sync with secondary market prices.

3. The Reserve Bank of India recently conducted a buyback of government securities (G-Secs), receiving offers totaling ₹17,384.552 crore, but accepting only ₹10,513 crore, despite the notified amount being ₹40,000 crore. Market analysts speculate that banks may have offered G-Secs at higher prices, leading to rejection of offers out of sync with secondary market prices.

4. Bharti Enterprises, led by Sunil Bharti Mittal, divested 38.50 lakh shares of ICICI Lombard General Insurance Company for ₹663 crore through open market transactions. This sale reduced Bharti Enterprises’ stake in ICICI Lombard from 2.43% to 1.63%.

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ENTERTAINMENT NEWS

#Information and Broadcasting Minister: Shri Anurag Singh Thakur

#Chairman of The Film and Television Institute of India (FTII) :
R Madhavan

#Chairman of Central Board of Film Certification (CBFC): Prasoon Joshi
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Rajkummar Rao’s new Movie SRIKANTH – the movie that tells the inspiring story of a blind man who went on to become an industrialist.

Srikanth is a 2024 Indian Hindi-language biographical film on the life of Srikanth Bolla, a visually-impaired industrialist and the founder of Bollant Industries.

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DEFENCE
#Supreme Commander of Armed Forces: The President
#Def Minister: Rajnath Singh
#Def Minister of State :
Ajay Bhatt
#Union Home : Amit Shah
#National Security Advisor : Ajit Doval
#Chief of Defence Staff:
Gen Anil Chauhan, PVSM UYSM AVSM SM VSM
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1. Indian Coast Guard has signed a Memorandum of Understanding (MoU) with Hindalco Industries for manufacturing and supply of indigenous marine-grade aluminium for construction of ships.The Indian Coast Guard fleet is presently operating 67 ships with aluminium hull with capability of operating in shallow waters.

2. The Indian Army is set to receive the first Hermes-900 Starliner drone on June 18 .The Hermes-900 known as the Drishti-10 drone is being supplied to Indian forces including Indian Army and Navy by Adani Defence Systems.

3. The Indian Army has concluded “Operation Redwani Payeen,” eliminating three terrorists after a vigil of 40 hours, A joint operation that commenced on the intervening night of May 6-7 in the general area of Redwani Payeen, Kulgam.

4. The militaries of India and France are holding Exercise Shakti to enhance the joint military capability of both sides to undertake multi domain operations in a sub-conventional scenario. Sources confirmed that the exercise is scheduled to be held at Umroi, Meghalaya, from May 13-26.

5. Indian Naval Ships Delhi, Shakti and Kiltan concluded their four-day visit to Singapore from May 6 to 9. The visit was aimed at undertaking bilateral engagements, discussing areas of mutual interest and cooperation, and reaffirming the commitment to enhance maritime security and stability in the region.

6. 12 Maoists were killed in an encounter with security forces in Chhattisgarh’s Bijapur district on Friday .The gunfight took place in the forest near Pidia village under Gangaloor police station limits.

7. China’s first super-carrier – an 80,000 tons warship called the Fujian – has returned to the port after completing its brief sea trial . The aircraft carrier, the most advanced warship of its class built by China, represents a significant milestone in China’s military and naval capabilities.

“”””””””””””””””””””””””””””””””””””””””
In Bharat there are 28 states and 8 Union territories.
Population of Bharat:
142 cr (2023)

President of Bharat ,
Smt Droupadi Murmu

Vice President
Shri Jagdeep Dhankhar

Prime Minister : Shri Narendra Modi

Speaker Lok Sabha :
Shri Om Birla (BJP)

Rajyasabha Seats : 245 (233 Elected + 12 Nominated)

Loksabha : 550 members (530 States 20 Union Territories)

Chief Election Commissioner:
Shri Rajiv Kumar

11 May (Saturday)
Vedic Ritu/ Vasant Ritu
Drik Ritu : Grishma (Summer)
पक्ष :: Shuklapaksh
Vikram Samvat – 2081
Shaka Samvat – 1946
Month : Vaisakha 03 (Amanta)
Vaisakha 18(Purnimanta) Nakshatr:Mrigashirsha (up to 10:15 am)Ardra
Tithi : Chaturthi/
Panchami
Rahu : 09:07 AM – 10:45 AM
Yamaganda 02:01 PM – 03:39 PM

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Pooja
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Pooja Kumari Ms. Pooja,
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