Top GKToday’s News Headlines-9 May 2020

Top GKToday’s News Headlines-9 May 2020

INDIA

  • 80-km long Dharchula (Uttarakhand)–Lipulekh (China Border) road link curtailing Kailash-Mansarovar pilgrimage time inaugurated
  • 15 migrant workers, who were sleeping on the railway tracks while going back to their native places, run over by a goods train between Jalna and Aurangabad in Maharashtra
  • Jharkhand bans manufacture, sale and storage of 11 brands of pan masala for a year

ECONOMY & CORPORATE

  • Moody’s Investors Service projects India’s economic growth at 0% in 2020-21
  • India’s foreign exchange reserves rise to USD 481.078 billion in the week to May 1
  • Govt. hikes market borrowing estimate to Rs 12 lakh crore in 2020-21; Budget target was Rs 7.8 lakh crore
  • Two exchanges at International Financial Services Centre in Gift City, India INX and NSE IFSC, launch trading in rupee-USD derivative contracts
  • Gift City is Gujarat International Finance Tec-City
  • Defence Ministry signs contract with Tata Power SED for infra modernisation at 37 airfields
  • Govt allows packaging of grains in used gunny sacks, plastic bags this procurement season because of shortage of jute bags
  • COVID-19 pandemic: Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) approves USD 500 million loan for India
  • Gujarat govt announces exemptions for new projects from provisions of labour laws

WORLD

  • Migrants stranded all over world at heightened risk of COVID-19: International Organization for Migration (IOM) Director-General Antonio Vitorino
  • UN observing ‘Time of Remembrance and Reconciliation for Those Who Lost Their Lives during the Second World War’ on May 8-9
  • World Red Cross and Red Crescent Day observed on May 8
  • May 8 is birth anniversary of Henry Dunant, the founder of Red Cross and the winner of first Nobel Peace Prize (1901)

SPORTS

  • Pandanda Kuttappa, co-founder of Kodava Hockey Festival in Coorg (Karnataka), dies aged 85

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