Notes:
The Odisha State ST and SC development department signed an MoU with the Regional Medical Research Centre (RMRC), Bhubaneswar, to set up a tribal health observatory (TriHOb).
This is said to be the first in the country, for ensuring equity in tribal health in Odisha. TriHOb will establish a repository on the health of tribal population of Odisha. Odisha Tribal Family Health Survey was also launched.

Notes:
The Reserve Bank hiked the repo rate by 40 basis points (bps) to 4.40 per cent, after an unscheduled meeting of the Monetary Policy Committee (MPC) in May 2022. Next meeting of the MPC is scheduled during June 6-8.
All six members unanimously voted for a rate hike while maintaining the accommodative stance. The decision aimed to contain inflation, which remained above 6 per cent for the last three months. Cash reserve ratio was hiked by 50 bps to 4.5% effective May 21.

Notes:
The Indian Coast Guard commissioned its second Air Squadron ‘845 Squadron (CG)’ at the Coast Guard Air Enclave at Nedumbassery in Kochi.
The new Air Squadron is equipped with the indigenously developed Advanced Mark III (ALH Mark III) helicopters. As of now, four helicopters have been positioned in Kochi to cover the coast of Karnataka, Kerala and Lakshadweep.

Notes:
India’s first Flow Chemistry Technology Hub (FCT Hub) has been set up at Dr Reddy’s Institute of Life Sciences (DRILS) at Hyderabad.
The Government of Telangana supported the establishment of this Centre of Excellence in partnership with Dr Reddy’s Laboratories and Laurus Labs. The hub has state-of-the-art flow chemistry equipment to provide hands-on training ensure greater incorporation of flow chemistry techniques during R&D.

Notes:
Open, a neo-banking fin-tech portal recently raised capital to push up its value over a billlion dollars and became India’s 100th unicorn.
Open, a five-year-old Bengaluru-based neo-bank, raised USD 50 mn recently. Earlier, Google, Temasek, Visa, and Japan’s SoftBank invested USD 100 million in the startup. 14 Indian Startups entered the Unicorn Club In 2022 while 42 startups and 2 listed companies touched the billion-dollar valuation in 2021.