Current Affairs 22nd May 2019

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NATIONAL

India To Purchase 10 Kamov-31 choppers From Russia For INR 3,600 cr.

-The defence ministry has approved the procurement of 10 Kamov Ka-31 Airborne Early Warning and Control helipcopters for the Indian Navy.

APPOINTMENT

Gates Foundation Appoints Sanjay Ubale As India Policy Head.

-The Bill and Melinda Gates Foundation has hired Sanjay Ubale, head of the infrastructre and urban solutions at Tata Sons, as its policy director for India.

Paytm President Bhushan Patil Resigns.

-Bhushan Patil, president at Paytm, has quit the company. Patil, who joined Paytm after a five-year stint with Alibaba, had intially joined the Noida-based company to look after its cross border commerce business.

US Air Force General Tod Wolters Sworn In As NATO Commander.

-US Air Force General Tod D. Wolters has been sworn in as the top military officer of the 29-nation NATO military alliance.

ECONOMY

Asia-Pacific To Grow 5.7% In 2019: ADB.

-The Asia-Pacific region expected to grow at 5.7% in 2019. According to the bank’s Asian Development Outlook 2019 report released in April, developing Asia which comprises 45 nations ranging from China to Tuvalu is projected to grow by 5.7% in 2019.

SPORTS

Spain Legend Xavi Hernandez Announces Retirement.

-Spain and Barcelona legend Xavi Hernandez has announced that he will retire from professional football at the end of the current season.

OBITUARIES

Actor Peter Mayhew Passes Away.

-Peter Mayhew, the actor behind the character of Chewbacca has passed away. He was 74.

MISCELLANEOUS

Postage Stamp To Commemorate 750^th Birth Anniversary of Sri Vedanta Desika Released.

-Vice President M Venkaiah Naidu released a pastage stamp to commemorate the 750^th birth anniversary of Sri Vedanta Desikan in New Delhi. The stamp has been released by Indian Postal department.