Honours & Awards
2. Drake wins Billboard Music Awards 2022 in Top Artist category
- Drake has won the Billboard Music Awards 2022 in the top artist, male artist, rap artist, rap male artist and rap album (for Certified Lover Boy) category.
- BTS has also won three awards in the Top Duo/Group, Top Selling Song, and Top Song Sales Artist categories.
- Top New Artist: Olivia Rodrigo
- Top Female Artist: Olivia Rodrigo
- Top Billboard 200 Artist: Taylor Swift
- Top Radio Songs Artist: Olivia Rodrigo
- Top Billboard Global 2022 Artist (New): Olivia Rodrigo
Agreement
3. Adani become India's second-biggest cement maker company
- Adani Group has acquired a controlling stake in Swiss-based Holcim AG's cement businesses in India in a $10.5 billion deal.
- The Group has acquired 63.19% of Ambuja Cements Ltd and its subsidiary ACC in the bidding with companies.
- With this deal, Adani becomes the second biggest cement producer in the country after the Aditya Birla Group-owned UltraTech Cement.
- The divestment of India businesses by Holcim is to reduce its reliance on carbon-intensive cement production.
Sports
4. Sift Kaur Samra clinched Gold at ISSF Junior World Cup in Germany
- India's Sift Kaur Samra won the individual women’s 50m rifle 3 positions (3P) like Prone, the Standing and the Kneeling positions, event to take India’s gold medal tally to 10 at the ISSF Junior World Cup 2022 in Suhl, Germany.
- She beat Julie Johannessen (Norway) by 17-9 in the final.
- India's Ashi Chouksey has also won bronze in the same event.
- Presently, India leads the tally with 25 medals which include 10 gold, 12 silver and three bronze.
Sports
5. South Korea defeats China to win BWF Uber Cup title
- South Korea has defeated China by 3-2 in the Badminton World Federation (BWF) 29th edition of the Uber Cup Final at Impact Arena in Bangkok.
- This is the second Uber Cup title for South Korea after their first victory in 2010 in Kuala Lumpur.
- Thomas and Uber Cup is the biennial international badminton championship contested by the men's and women's national teams of the member associations of Badminton World Federation (BWF).
National & International Appointments
6. Hassan Sheikh Mohamud elected as new president of Somalia
- The former leader of Somalia, Hassan Sheikh Mohamud has been elected as the new president of the country for four years, after defeating the current president, Mohamed Abudallahi Farmajo.
- Out of 328 MPs, Mohamud has received 214 votes and Farmajo won 110 votes only.
- Hassan Sheikh Mohamud, also served as Somalia's president between 2012 and 2017.
- Somalia Capital: Mogadishu; Currency: Somali shilling
Defence
7. Rajnath Singh inducts two indigenously built warship into Indian Navy
- Defence Minister Rajnath Singh launched the two frontline warships of the Indian Navy at Mazgaon Docks Limited, Mumbai which will mark a significant milestone in their construction.
- The first ship is Surat, which is the fourth and last of the stealth destroyers under the 'Project 15B' programme.
- The second ship is Udaygiri, part of the 'Project 17A' frigate programme. It is the third ship of Project 17A frigates.
Banking & Finance
8. RBI imposes monetary penalty on KEB Hana Bank
- RBI has imposed a penalty of Rs 59 lakh on KEB Hana Bank for non-compliance with certain norms related to the interest rates on deposits.
- The bank has been penalised under the "Reserve Bank of India (Interest Rate on Deposits) Directions, 2016".
- The RBI has conducted a statutory inspection for supervisory evaluation of KEB Hana Bank with reference to its financial position as of March 31, 2020.
- KEB Hana Bank HQ: Seoul, South Korea
Banking & Finance
9. WPI inflation at record high of 15.08% in April on price rise of items
- Wholesale price-based inflation has risen to 15.08% in April on rising prices across segments from food to commodities.
- The WPI-based inflation was 14.55% in March 2022 and 10.74% in April 2021.
- Reason: due to the rise in prices of mineral oils, basic metals, crude petroleum & natural gas, food articles, non-food articles, food products etc.
- The WPI inflation has remained double-digit for the 13th consecutive month since April 2021.
National & International Appointments
10. RBI appoints Sitikantha Pattanaik and Rajiv Ranjan as executive directors
- The Reserve Bank of India (RBI) has appointed Sitikantha Pattanaik and Rajiv Ranjan as executive directors with effect from May 1.
- Ranjan will serve as an ex-officio member of the Monetary Policy Committee (MPC) while Pattanaik will serve as the Department of Economic and Policy Research (DEPR).
- Prior to being promoted, Pattanaik was an Adviser in the DEPR and Ranjan served as Adviser-in-Charge of Monetary Policy Department and Secretary to the MPC.
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