TODAYS TOP NEWS
×××××××××××××××××××××××
1. Heatwave conditions are very likely in isolated pockets of Himachal Pradesh, East Uttar Pradesh, on 29 May and 30 May; Chhattisgarh from 29 May to 30 May; East Madhya Pradesh, Vidarbha, Jammu division on 29 May 2024.
2. Campaigning for seventh and final phase of Lok Sabha Elections reaches its peak with only two days left for polling.
3. PM Modi holds rallies in Jharkhand and West Bengal; Congress leader Priyanka Gandhi addresses public meeting in Himachal Pradesh.
4. In Uttar Pradesh, Chief Minister Yogi Adityanath campaigned for film star and BJP nominee from Gorakhpur Ravi Kishan.
5. Samajwadi Party Chief Akhilesh Yadav along with Congress leader Rahul Gandhi jointly addressed political rallies in Mohan Sarai area of Varanasi and in Bansgaon Lok Sabha constituency.
6. PM Modi will be on a three-day visit to Kanyakumari from the 30th of this month. He will visit the Rock Memorial and meditate at the Dhyan Mandapam, which is the same place where Swami Vivekananda did meditation.
7. The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid tax deduction at a higher rate. As per income tax rules, if a Permanent Account Number (PAN) is not linked with biometric Aadhaar, TDS is required to be deducted at double the applicable rate.
8. Railway will soon launch sleeper coaches for Vande Bharat Express for long-distance journeys. Sources inside railways confirm that the sleeper coaches of Vande Bharat will start service soon. Talks are also ongoing on whether to disband the iconic Jan Shatabdi Express and Rajdhani trains with the arrival of the new high-speed Vande Bharat services. There are also plans to extend the Vande Bharat services and connect them with the Vande metro project in Mumbai.
9. Delhi on Tuesday recorded its all-time high maximum temperature as the mercury touched 49.9 degrees Celsius. According to the India Meteorological Department (IMD), some areas, some areas, such as Mungeshpur and Narela, registered temperatures of 49.9 degrees Celsius, 9 degrees Celsius above normal.
10. Following the Meghalaya Board of School Education (MBOSE) declaration of Class XII results in Science, Arts, and Commerce, the state government will soon issue a notification for admissions at the degree colleges in Patharkhmah, Ri Bhoi, and Rongjeng, East Garo Hills.
11. Shehra BJP MLA Jetha Ahir, who has previously served as the deputy speaker of the Gujarat Assembly, has been elected uncontested as the chairman of the National Agricultural Cooperative Marketing Federation of India (NAFED).
12. The National Education Policy (NEP) 2020, which emphasizes imparting crucial life skills to learners for their holistic development, the University Grants Commission (UGC) has introduced the curriculum and guidelines for Life Skills 2.0 (Jeevan Kaushal) for undergraduate students.
13. The Indian Institute of Technology Madras (IIT Madras) and the College of Engineering Thiruvananthapuram (CET) have made big steps forward in electrical measurement technology by getting a patent for a new device that measures voltage without touching it.
LEGAL REPORT
#Chief Justice of India:
Shri Dhananjaya Y. Chandrachud
#Minister Of Law & Justice : Arjun Ram Meghwal
#International Court Of Justice Prz. : Nawaf Salam
××××××××××××××××××××××
1. The Karnataka High Court on Tuesday issued notice to the Archaeological Survey of India (ASI), State Government and other respondents on a public interest litigation claiming that the present structure of Jamia Masjid, situated at Srirangapatna was constructed by Tipu Sultan on the site of Moodala Bagilu Anjaneya Swamy Temple.
2. A Delhi court on Tuesday granted three days to Delhi Police for custodial interrogation of Chief Minister Arvind Kejriwals aide Bibhav Kumar till 31 May, who has been accused of assaulting AAP Rajya Sabha member Swati Maliwal.
3. The data released by the Election Commission for the ongoing Lok Sabha elections shows that the total value of seizures of cash, drugs, liquor, precious metals and freebies between March 1 and May 18 has hit Rs 8,889 crore. Nearly half of the seizures, about 45%, comprise drugs.
4. Dera Sacha Sauda chief Gurmeet Ram Rahim was yesterday acquitted by the Punjab and Haryana High Court in the murder case of a former Dera official. Ranjit Singh, a member of the Dera’s state-level committee, was shot dead in 2002.
5. The signboard of the Yelahanka flyover, in Bengaluru, dedicated to Hindutva ideologue Veer Savarkar, was found smeared with black ink on Tuesday. Allegedly, members of the National Students’ Union of India, ( NSUI) the student wing, were responsible for the defacement. The act occurred on Savarkar’s birth anniversary.
The 400-meter-long flyover was officially opened by former Karnataka Chief Minister and BJP leader BS Yediyurappa in 2020.
6. Delhi court on Tuesday, May 28, denied bail to JNU scholar and activist Umar Khalid in the 2020 Delhi riots conspiracy case.
“””””””””” MISHAPS “””””””””
Death toll reaches 23 after massive landslide in Mizoram; Three persons killed in Assam due to heavy rainfall under the impact of cyclone Remal.
×××××××××××××××××××××××
FINANCE
#Minister: Nirmala Sitharaman.
#Commerce & Industry : Piyush Goyal
#RBI Gvrnr: Shaktikanta Das
#President of the World Bank : Ajay Banga
#IMF MD: Kristalina Georgieva
××××××××××××××××××××××
💰 USD ₹ 84 (Approx)
💷 GBP ₹105(Approx)
€ Euro : ₹ 90(Approx)
🇨🇳 Yuan ¥ : ₹ 12
********
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)
********
BSE SENSEX
75,170.45 −220.05 (0.29%)🔻
NIFTY
22,888.15 −44.30 (0.19%)🔻
*********
Rates in Financial Capital Mumbai
GOLD : ₹ 72,710/10gm (24 krt)
SILVER : ₹ 93,000/KG
**********
⛽ FUEL in DELHI
**********
PETROL : ₹ 95/Ltr
DIESEL : ₹ 88/Ltr
CNG : ₹ 74/Ltr
LPG : ₹ 803/14.2 Kg
******
⛽ FUEL in MUMBAI
********
PETROL : ₹ 104/Ltr
DIESEL : ₹ 93/Ltr
Auto Gas : ₹ 60/Ltr
CNG : ₹ 74/Kg
LPG : ₹ 803/14.2 Kg
1. Four big European banks—Credit Agricole, Societe Generale, Deutsche Bank, and BNP Paribas—are asking the Reserve Bank of India (RBI) to let them use a third-party clearing model to keep buying and selling Indian government bonds and derivatives.
2. The Adani Group’s Adani Ports and Special Economic Zone Ltd (APSEZ) will be added to the Sensex on the Bombay Stock Exchange (BSE) on June 24. With this important step forward, APSEZ is the first company under the Adani Group’s control to join the Sensex, replacing the technology firm Wipro.
3. The Reserve Bank of India (RBI) has taken proactive measures to address the prevailing liquidity deficit in the banking system. In its latest move, the central bank conducted a variable rate repo (VRR) auction of Rs 1.25 trillion, bringing the total liquidity infused through 9 VRR auctions in May 2024 to a staggering Rs 7.75 trillion.
4. The Government of India, being the largest shareholder in Life Insurance Corporation (LIC), will receive a dividend of Rs 3,662 crore following LIC’s declaration of an interim dividend of Rs 6 per share. LIC reported a net profit of Rs 13,782 crore for the quarter ending March 31, 2024, marking a 4.5 percent increase compared to the same period last year.
5. The Prudential Authority of the South African Reserve Bank has imposed a financial penalty of 10 million rand (₹4.5 crore) on the State Bank of India’s South Africa branch for non-compliance with certain provisions of the country’s Financial Intelligence Centre Act 38 of 2001 (FIC Act). The penalty comprises an immediately payable portion of 5.50 million rand, already paid, and a suspended amount of 4.50 million rand, contingent on compliance within 36 months.
6. Tata Consultancy Services (TCS) has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait.
7. The Reserve Bank of India (RBI) has imposed monetary penalty on Yes Bank and ICICI Bank for non-compliances with certain directions issued by it. The penalties imposed on them are Rs 91 lakh and Rs 1 crore, respectively, RBI said in its orders.
8. The Reserve Bank of India (RBI) on May 28 launched three major initiatives namely, PRAVAAH portal, RBI Retail Direct mobile application and FinTech Repository.
The PRAVAAH portal will make it convenient for any individual or entity to apply online for various regulatory approvals and enhance the efficiency of various processes related to granting of regulatory approvals and clearances by the RBI.
×××××××××××××××××××××××
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
×××××××××××××××××××××××
The Central Crime Branch (CCB) issued notices to eight more people on Tuesday over the alleged rave party held at a farmhouse near Electronics City, Bengaluru.
Telugu actor Hema Kolla and 85 others who attended the party on the intervening night of May 19 and 20 have tested positive for drug use.
Aashi Roy, another Telugu actor who claimed in a video that she attended the event presuming it to be a birthday party and was unaware about the contraband, has tested negative for drug use.
×××××××××××××××××××××××
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
×××××××××××××××××××××××
1. On May 28, 2024, the Assam Rifles and the Indian Coast Guard convened their fifth Joint Working Group (JWG) meeting at the Headquarters of the Directorate General Assam Rifles in Laitkor, Shillong.
2. Indian Army Partners with IOCL for Green and Sustainable Transport Solutions : The Indian Army has taken big steps toward using environmentally friendly and sustainable transportation in its activities. A relationship with the Indian Oil Corporation Limited (IOCL), which was made official by signing a Memorandum of Understanding (MoU), is a big part of this project.
The main goal of this MoU is to encourage new ideas and use clean transportation methods. A real result of this relationship was that the Army got a hydrogen fuel cell bus at a special event.
3. Reasons why Indian Army chief’s extension is unusual : Speculation abounds regarding the government’s intentions following its announcement of a one-month extension for General Manoj Pande, who was slated to retire this month.
(a) The two seniormost officers after Pande – vice chief Lt-Gen Upendra Dwivedi (Jammu and Kashmir Rifles) and Southern Command chief Lt-Gen Ajai Kumar Singh (Gorkha Rifles) are both set to retire on 30 June. The Army, Navy and IAF chiefs can serve till 62 or for three years, whichever is earlier, while a Lt-Gen rank officer retires at 60 unless he is approved for the four-star rank.
(b) The extension in tenure indicates that a decision on the selection of the next Army chief will be open for the next government. This rarely happens. In the 1970s, the term of Army chief General G G Bewoor was extended. Many believe this denied Lt General P S Bhagat to become the new Army chief.
(c) Seniority hasn’t been the only criteria : The NDA government has also junked the seniority principle two times during its 10-year tenure. First, it superseded two senior Lt Gens (Praveen Bakshi and and PM Hariz) to appoint Gen Bipin Rawat as the Army chief in December 2016) and then Admiral Karambir Singh was appointed as the navy chief in May 2019 superseding the then Andaman Nicobar Command chief Vice Admiral Bimal Verma.
(d) Loksabha Election’s : As the counting of votes is exactly a week away, in all probability the swearing-in of the next government should not take much time if the results throw a clear mandate no matter who gets to form the government. In such a scenario, this leaves it for the next government to fill the important posts. It has to be noted that no senior post in the defence forces has been filled in the last one month and not likely to be done before the election process is over. It has to be kept in mind that the appointment of the COAS also leaves few posts in the chain of command below him vacant.
“”””””””””””””””””””””””””””””””””””””””
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
29 May (Wednesday)
Vedic Ritu/ Vasant Ritu
Drik Ritu : Grishma (Summer)
पक्ष :: Krishnapaksh
Vikram Samvat – 2081
Shaka Samvat – 1946
Month : Vaisakha 21 (Amanta) Jyeshta 06 (Purnimanta) Nakshatr:Shravana (up to 8:38 am)Dhanishta
Tithi : Shashthi (up to 1:40 pm)Saptami
Rahu : 12:24 PM – 02:04 PM
Yamaganda 07:24 AM – 09:04 AM
××××××××××××××
Telegram Link :
For latest news, first Hand written articles & trending news join Saachibaat telegram group
https://t.me/joinchat/llGA9DGZF9xmMDc1
 |
Ms. Pooja, |
