Muhammadu Buhari sworn-in as new President of Nigeria

President Muhammadu Buhari has been sworn-in for his second term as President of Nigeria in a ceremony at the Eagle Square in Abuja. He won 56% of the votes to defeat his main rival Atiku Abubakar of the Peoples’ Democratic ..

Switzerland removed from US currency watchlist

The Trump administration has recently removed India and Switzerland from its currency monitoring list of major trading partners. Both the countries were removed from the list because for two consecutive reports they had both met only one of three criteria ..

Harsh Vardhan RBI committee to review mortgage securitisation

The Reserve Bank of India (RBI) has constituted a 6-member committee to review the existing state of mortgage securitisation in India and suggest measures to deepen it. The committee on the development of housing finance securitisation market, headed by Bain ..

Murray Gell-Mann, Jewish American physicist, passes away

Murray Gell-Mann (89), a Jewish American physicist who theorized the existence of the quark and won a Nobel Prize for his method of classifying particles, has passed away in New Mexico on May 24, 2019. He transformed physics by devising ..

Decline in FDI Inflow

For the first time in the last six years, the foreign direct investment (FDI) in India has declined. The FDI inflow declined by 1 per cent to $44.37 billion in 2018-19. Why there was a decline in FDI Inflow? The ..

Pema Khandu sworn-in as Arunachal Pradesh Chief Minister

The Bharatiya Janta Party (BJP) leader Pema Khandu was sworn-in as the new Chief Minister of Arunachal Pradesh. Key Highlights Pema Khandu was sworn in as the first Chief Minister of an elected Bharatiya Janata Party (BJP) government in Arunachal ..

Month: Current Affairs - May, 2019