Current Affairs 20th May 2019
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- Indian And French Navies Conduct Varuna 19.1 was kicked off the Goa coast. The 17th edition includes the participation of the French Navy’s aircraft carrier FNS Charles de Gaulle, two destroyers, FNS Forbin and FNS Provence, the frigate FNS Latouche-Treville, the tanker FNS Marne and a nuclear submarine.
- Environment Ministry Constitutes Committee To Implement National Clean Air Programme.
-The Union Environment Ministry has constituted a committee to implement the National Clean Air Programme which aims to reduce particulate matter polution by 20%-30% in at least 102 cities by 2024.
- Akihito 1st Japanese Emperor To Step Down From Throne in 200 Years.
-Akihito became the first Japanese Emperor to step down from the throne in more than 200 years.
1.Iraq Become India’s Top Oil Supplier In 2018-19.
-Iraq has become India’s top crude oil supplier for the second consecutive year, meeting more than one-fifth of the country’s oil needs in the 2018-19 fiscal year.
- UDS Acquires Majority Stake In Matrix Business Services.
-Facilities management provider UDS has acquired a majority stake in Matrix Business Services, which operates in the business assurance and background verification segment.
- Bharti AXA Ties Up With Wishfin To Offer Policies Via WhatsApp.
-Bharti AXA General Insurance, a private non-life insurer, has tied up with financial marketplace Wishfin’s insurance arm Wishpolicy, to offer two-wheeler insurance to customers via WhatsApp.
- India Ratings & Research Lowers Growth Forecast For 2019-20 To 7.3.
-India Ratings & Research has lowered the country’s growth forecast for the current fiscal to 7.3%, from the earlier projection of 7.5%. The agency has listed three key reasons for lowering its projection.
- Paytm Launches Recurring Payments Service For Merchants.
-Paytm has launched a recurring payment service for merchants that are working on a digital subscription based businesses to collect payments from their subscribers effortlessly.
- SEBI Fines NSE Over Rs 625 crore In Co-Location Scam.
-Markets regulator SEBI directed National Stock Exchange to pay more than Rs 625 crore in the case of misuse of its co-location facility. SEBI has been probing alleged lapses in high-frequency trading offered through NSE’s co-location facility.