National News
1. Walmart Buys Flipkart in World's Largest e-Commerce Deal
Flipkart |
i. US-based retail giant Walmart has
confirmed that it will buy 77% stake in India's largest e-commerce
startup Flipkart for $16 billion. Walmart bought the stake in Flipkart
for 16 billion dollars.
ii. The acquisition, which is the largest e-commerce deal in the world, will value the homegrown startup at a reported amount of $20.8 billion.
ii. The acquisition, which is the largest e-commerce deal in the world, will value the homegrown startup at a reported amount of $20.8 billion.
International News
2. Forbes Most Powerful People In The World: PM Modi 9th, Xi Jinping Tops
i. Prime Minister Narendra Modi has been
ranked ninth on Forbes' 2018 list of 'the world's most
powerful people'. Chinese President Xi Jinping ranked
first, followed by Russian President Vladimir Putin and US President
Donald Trump at the second and third rank, respectively.
ii. The only other Indian to feature on the list is Reliance Industries Chairman Mukesh Ambani at 32. The PM Modi ranks ahead of Facebook CEO Mark Zuckerberg (who is at 13th spot).
ii. The only other Indian to feature on the list is Reliance Industries Chairman Mukesh Ambani at 32. The PM Modi ranks ahead of Facebook CEO Mark Zuckerberg (who is at 13th spot).
Static/Current Takeaways
Important for NABARD Grade-A Exam 2018-
·
Forbes- American
Business Magazine, Founded in- 1917.
·
Headquarters- New
York City, USA.
3. NASA, Uber Team Up to Make Flying Cars a Reality
i. The National Aeronautics and Space
Administration (NASA) signed a space act agreement with Uber
Technologies to explore concepts and technologies related to Urban Air
Mobility (UAM) for future air transportation such as flying cars in populated
areas.
ii. Under the agreement, Uber will share its plans with NASA for implementing the urban aviation rideshare network.
ii. Under the agreement, Uber will share its plans with NASA for implementing the urban aviation rideshare network.
Static/Current Takeaways Important for NABARD
Grade-A Exam 2018-
·
Urban Air Mobility is a safe and efficient
system for air vehicles, piloted or not, to move passengers and cargo within a
city.
·
Jim Bridenstine has become
the 13th administrator of the National Aeronautics and Space
Administration (NASA).
·
NASA founded on 29th July 1958, Headquarters
in- Washington, D.C., USA.
4. September 2019 Climate Summit to be Held in New York: UN Chief
i. UN Secretary-General Antonio
Guterres announced to hold a climate summit in September 2019 in
New York to review the commitments of the 2015 Paris Agreement
on Climate Change.
ii. In March 2018, Guterres appointed former New York Mayor Michael Bloomberg as his Special Envoy for Climate Action who was tasked to support the United Nations (UN) in its climate strategy and in organising the 2019 summit.
ii. In March 2018, Guterres appointed former New York Mayor Michael Bloomberg as his Special Envoy for Climate Action who was tasked to support the United Nations (UN) in its climate strategy and in organising the 2019 summit.
5. The USA Withdraws From Iran Nuclear Deal
i. President Donald Trump announced US
withdrawal from the 2015 landmark nuclear deal with Iran. Mr
Trump signed a fresh set of sanctions against Iran and warned countries against
any cooperation with Tehran on its controversial nuclear weapons programme.
ii. The historic nuclear deal was reached in Vienna in July 2015 between Iran and the P5 (the five permanent members of the UN Security Council) along with Germany and the European Union.
ii. The historic nuclear deal was reached in Vienna in July 2015 between Iran and the P5 (the five permanent members of the UN Security Council) along with Germany and the European Union.
Static/Current Takeaways
Important for NABARD Grade-A Exam 2018-
·
The five permanent members of the UN Security
Council are China, France, Russia, United Kingdom, and the United States
of America.
Appointments
6. FB Appoints Product
Exec Chris Daniels to Take Over WhatsApp
i. Facebook has announced that the company's
Vice President of Product Chris Daniels will be taking
over Whatsapp after Co-founder Jan Koum announced his departure,
recently.
ii. In his new role, former Internet.org VP Daniels will report to Facebook's Chief Product Officer. Daniels has been working with Facebook for more than seven years and previously worked for Microsoft in product management.
ii. In his new role, former Internet.org VP Daniels will report to Facebook's Chief Product Officer. Daniels has been working with Facebook for more than seven years and previously worked for Microsoft in product management.
7. Nikol Pashinyan Becomes Prime Minister of Armenia
i. Armenia’s parliament elected Nikol
Pashinyan as a new prime minister in a 59-42 vote. His
election comes after Serzh Sargsyan’s resignation as Prime
minister of Armenia.
ii. Nikol Pashinyan is the leader of Civil Contract party. He is a former newspaper editor.
ii. Nikol Pashinyan is the leader of Civil Contract party. He is a former newspaper editor.
Static/Current Takeaways Important for NABARD
Grade-A Exam 2018-
·
Armenia Capital- Yerevan, Currency-
Armenian dram, President- Armen Sarkissian.
8. Google Names Nitin Bawankule Head of India
Cloud Business
i. Google had appointed Nitin Bawankule as
the country head for its cloud business in India, as the search giant looks at
taking a larger share of the booming demand for those services in the country.
ii. Bawankule has been with Google for six years and was previously head of sales for its e-commerce, retail and classifieds and education business.
ii. Bawankule has been with Google for six years and was previously head of sales for its e-commerce, retail and classifieds and education business.
9. Carlos Alvarado Sworn in as Costa Rican
President
i. Carlos Alvarado was sworn in as the new
President of Costa Rica. Alvarado swept to victory against
conservative Protestant singer Fabricio Alvarado Munoz.
ii. At 39, Alvarado is
the country's youngest president in modern history.
Static/Current Takeaways
Important for NABARD Grade-A Exam 2018-
·
Costa Rica Capital- San
Jose, Currency- Costa Rican colon.