S. No Topics Page No.

1. Important Days 2

2. Important Banking News 3

3. Important Financial & Economy Affairs 9

4. Important Business News 10

5. Important State Wise National News 13

6. Important International News 19

7. Important Appointments 22

8. Important Awards and Honours 24

9 Important Committees 27

9. Important MoU 27

10. Important Summit & Conference 31

11. Important Mobile App and Web Portal 33

12. Important Defence News 33

13. Important Science and Technology News 36

14. Important Ranking and Indexes 38

15. Important Books And Authors 39

16. Important Sports News 39

17. Important Obituaries 45

1 Important Days

Date Important days Theme Sustainable Pension for all: The Role of May 1 International Labour Day Social Partners May 2 World Tuna Day - Media for Democracy: Journalism and May 3 World Press Freedom Day Elections in Times of Disinformation May 4 International Firefighters’ Day - May 4 Coal Miners Day - May 5 (first Sunday of World Laughter Day - May of every year) May 5 International Midwives Day Midwives: Defenders of Women's Rights May 6 International No Diet Day - May 7 World Athletic Day - May 6 - 12 UN Global Road Safety Week “Leadership for road safety” May 7 (first The World Asthma Day STOP for Asthma Tuesday of May) 59th Raising Day of Border Roads May 7 - Organization May 8 World Red Cross Day “#love” or simply "love" 'Universal access to quality thalassaemia healthcare World Thalassaemia Day May 8 services: Building bridges with and for patients.' Science and Technology for a National Technology Day May 11 Sustainable Future May 11 World Migratory Bird Day (WMBD) (Second Protect Birds: Be the Solution to Plastic (twice in a year) Saturday Pollution (Second Saturday of October) of May)

International Nurses Day Nurses: A voice to lead - Health for All May 12 May 12 (second Sunday in International Mother's Day #BalanceforBetter the month of May) "Families and Climate Action: Focus on May 15 International Family Day SDG13" May 16 The International Day of Living Together -

2 in Peace World Telecommunication and May 17 Information Society Day Bridging the standardization gap May 17 World Hypertension Day Know Your Numbers May 17 (third - Endangered Species Day Friday in May) Worlds AIDS Vaccine Day or HIV Vaccine May 18 Awareness Day - Museums as Cultural Hubs: The future of May 18 International Museum Day tradition May 20 World Bee Day - The International System of Units – May 20 World Metrology Day Fundamentally better May 21 National Anti-Terrorism Day - World Day for Cultural Diversity for May 21 - Dialogue and Development May 22 International Day for Biological Diversity Our Biodiversity, Our Food, Our Health May 23 The World Turtle Day Adopt, Don’t Shop May 24 International Commonwealth Day A Connected Commonwealth International Day of United Nations May 29 Protecting Civilians, Protecting Peace. Peacekeepers May 30 Goa statehood day - May 31 World No Tobacco Day "tobacco and lung health"

Important Banking News RBI RBI imposes penalty on five PPI issuers • The Reserve Bank of India has imposed penalties on five prepaid payment instrument (PPI) issuers, including Vodafone m-pesa and PhonePe, for violation of regulatory norms • Also, penalties have been imposed on Western Union Financial Services Inc and MoneyGram Payment Systems Inc, both US firms, for non-compliance of guidelines • A penalty of Rs. 3.05 crore has been imposed on Vodafone m-pesa and Rs. 1 crore each on Mobile Payments, PhonePe and G.I. Technology Private Ltd. • Also, a penalty of Rs. 5 lakh has been imposed on Y-Cash Software Solutions. • In a separate statement, the central bank said it had imposed a penalty of Rs. 29.67 lakh on Western Union Financial Services Inc., USA., and Rs. 10.12 lakh on MoneyGram Payment Systems Inc, USA, for non-compliance of regulatory guidelines. • RBI also imposed a penalty of Rs. 11.25 lakh on private sector lender Yes Bank for violation of norms pertaining to issuance and operations of PPIs • According to the section 30 of the Payment and Settlement System Act, 2007, the penalty has to be paid within 30 days of the order being passed RBI directs banks to enhance housing loan limits for eligibility under priority sector lending • The Reserve Bank of India (RBI) has increased the eligibility cap on home loans extended by regional rural banks and small finance banks to Rs. 35 lakh in metropolitan areas and Rs. 25 lakh in other centres, provided the overall cost of the dwelling unit in the metropolitan centres and other centres does not exceed Rs. 45 lakh and Rs. 30 lakh.

3 • All such loans will be now classified by these banks as priority sector loans. • The existing family income limit of Rs. 2 lakh per annum to be eligible for loans for housing projects exclusively for construction of houses for Economically Weaker Sections (EWS) and Low Income Groups (LIG), is revised to Rs. 3 lakh per annum for EWS and Rs. 6 lakh per annum for LIG, in alignment with the income criteria specified under the Pradhan Mantri Awas Yojana RBI slaps Rs. 1-cr fine on Nainital Bank • The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 crore on Nainital Bank for its failure to fully automate the non-performing asset (NPA) identification process, despite specific directions issued in this regard. • This action is based on the deficiencies in regulatory compliance, and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. RBI releases 'Vision 2021' for payment systems for 'cash-lite' society • Aiming at a 'cash-lite' society, the Reserve Bank of India (RBI) released a vision document for ensuring a safe, secure, convenient, quick and affordable e-payment system as it expects the number of digital transactions to increase more than four times to 8,707 crore in December 2021. • The 'Payment and Settlement Systems in India: Vision 2019 - 2021', with its core theme of 'Empowering Exceptional (E)payment Experience', envisages to achieve "a highly digital and cash-lite society" through the goal posts of competition, cost effectiveness, convenience and confidence (4Cs). • The previous vision document covered the period 2016 to 2018. • The latest vision document said payment systems like UPI/IMPS are likely to register average annualised growth of over 100% and NEFT at 40% over the vision period (period up to December 2021). • The number of digital transactions is expected to increase more than four times from 2,069 crore in December 2018 to 8,707 crore in December 2021. RBI directs NBFCs with asset size of Rs 5,000 crore must have chief risk officers • A non-banking finance companies (NBFC) with an asset size of at least Rs. 5000 crore must appoint a chief risk officer (CRO). The CRO is required to function independently so as to ensure highest standards of risk management. • The CRO shall be a senior official in the hierarchy of an NBFC and shall possess adequate professional qualification and experience in the area of risk management. RBI allows modern currency chests to hike service charges • The Reserve Bank of India will allow large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate of Rs. 5 per packet of 100 pieces to a higher rate subject to a maximum of Rs. 8 per packet. • For this, only a currency chest (CC) that fulfils the minimum standards will be eligible to be classified as a large modern CC. The increased rates can be charged only after such classification by the issue office concerned. RBI tweaks norms on VRR investment by FPIs • The Reserve Bank of India fixed the investment limit at Rs. 54,606.55 crore for foreign portfolio investors (FPIs) under the voluntary retention route (VRR), which allows to park funds in both government securities as well as corporate debt. • VRR for investments by FPIs was introduced on March 1, 2019. Limits for investm