MAY 01 2019
Shankar School of Banking
May 11 , 2019
329
NATIONAL NEWS
India World’s 4th Biggest Military Spender in 2018
- India was the world’s fourth biggest military spender in 2018 behind the US, China, and Saudi Arabia, according to Swedish arms Watchdog SIPRI. India, which was the fifth largest military spender in 2017, spent $66.5 billion in 2018.
Nirmala Sitharaman Attends SCO conclave in Kyrgyzstan
- Defence Minister Nirmala Sitharaman attended a key conclave of the Shanghai cooperation organisation (SCO) in Bishkek, Kyrgyzstan and held bilateral on its sidelines.
FACT
- India become a full member of the SCO in 2017
ISRO plans to launch Radar Imaging Satellite in May
- India is planning to launch its radar imaging Satellite Launch Vehicle (PLSV) rocket on 22May. Following the launch of RISAT 2BR1, ISRO will send up cartography Satellite Cartosat-3.
Twitter Announces Premium Live-streaming Video Content
- Twitter announces premium content deals with Univision, The wall street Journal, NFL ESPN, and Viacom for live-streaming videos on its platform. The deals were announced at Twitter’s ‘digital content New Fronts’ event.
ECONOMICS
Bharti AXA General Insurance to sell 2-wheeler policies via Whatsapp
- Bharti AXA General Insurance will be the first Indian insurer to sell polices through social media messaging platform WhatsApp and has tied with web aggregator wishfin insurance for the speedy delivery of two-wheeler cover.
Airtel Launches Audio Video Streaming App Wynk Tube.
- Bharti Airtel announced the launch of new over-the-top streaming service Wynk Tube that would be combine audio and video content. Wynk Tube is an extension of Wynk Music that allows users to stream audio and video of popular tracks within the same interface.
RESIGNS
Akihito 1st Japanese Emperor to step Down from Throne in 200 years
- Akihito becomes the first Japanese Emperor to step down from the throne in more than 200 years. His son, crown prince Naruhito, will ascend the Chrysanthemum throne today, beginning a new era.
OBITUARY
Youngest Best Director Oscar nominee John Singleton passed away.