Top Current Affairs 11th May 2021 at Freshers Wisdom

Top Current Affairs of the day: Instantly obtain Latest Current Affairs with all essential info, Be the first to know all the Today Top Current affairs 11th May 2021 top news, Major Issues, Current News, Important events in National Current News as well as International level with clear explanation. For all competitive exams and Interviews, equip yourself with the Latest Top Current Affairs 11th May 2021 granted here.

Top Current Affairs

Flipkart to open 5 fulfillment centers

• Flipkart will strengthen its grocery supply chain infrastructure across the country and add over 800,000 sq. ft of space through five new fulfillment centers over the next three months.
• With this additional infrastructure, the marketplace will bring ease of online grocery shopping to more users across the country.
• Flipkart Grocery offers over 7,000 products across 200 categories.

Punjab National Bank launches share sale

• Punjab National Bank has launched a so-called qualified institutional placement (QIP) offer to raise as much as Rs1,800 crore from institutional investors.
• This is the second time the bank has hit the market to raise funds from institutional investors in the last six months.
• It raised Rs 3,788 crore in December 2020 through a QIP.

US Treasury launches access to $350 billion

• The U.S. Treasury has launched access to $350 billion in COVID-19 aid for state, local, tribal and territorial governments.
• It has released rules for allowable uses and a prohibition on tax cuts by recipient states.
• States with seasonally adjusted unemployment rates that are now 2 percentage points above levels in February 2020 can receive all of the funds they are due immediately.

Bank of Baroda launches microsite

• Bank of Baroda has launched a micro-website that will serve as an emergency networking platform for all employees amid the 2nd wave of COVID-19.
• The microsite will offer vital data, including a network of plasma donors to employees.
• Recovered employees can also enroll themselves voluntarily as donors.
• The site is also hosting external links for suppliers of oxygen cylinders and Remdesivir.

NASA spacecraft begins a journey to Earth

• A NASA spacecraft began the long journey back to Earth on 10 May 2021.
• The trip to Earth for the robotic prospector, Osiris-Rex, will take two years.
• Osiris-Rex reached asteroid Bennu in 2018 and spent two years flying near and around it, before collecting rubble from the surface last fall.
• The spacecraft holds between a half pound and 1 pound of mostly bite-size chunks. 

Twitter donates USD 15 millon for Covid relief

• Twitter has donated USD 15 million to help address the COVID-19 crisis in India which is battling the second wave of the deadly pandemic.
• The amount has been donated to three non-governmental organizations – Care, Aid India, and Sewa International USA.
• While CARE has been given USD 10 million, Aid India and Sewa International USA have received USD 2.5 million each.

China reports population growth closer to zero

• China’s population growth is falling closer to zero as fewer couples have children.
• The population rose by 72 million over the past decade to 1.411 billion in 2020, according to the National Bureau of Statistics.
• The annual growth averaged 0.53%, decelerating from the previous decade.
• Chinese leaders have enforced birth limits since 1980 to restrain population growth.

Starcom appoints Niti Kumar as COO

• Media agency Starcom has appointed Niti Kumar as the Chief Operating Officer (COO) with immediate effect.
• Before joining Starcom, Kumar was serving as Senior Vice President at Penguin Random House India.
• She has worked in leadership roles at GroupM (managing partner North and East at Mediacom) and Mudra Communications (office head, media, Delhi, and Kolkata).
• She is also a TEDx speaker.

Harley-Davidson launches brand ‘LiveWire’

• Harley-Davidson Inc has launched an all-electric motorcycle brand “LiveWire”.
• Named after Harley’s first electric motorbike, which was unveiled in 2019, the “LiveWire” division is slated to launch its first branded motorcycle in July 2021.
• LiveWire also plans to innovate and develop technology that will be applicable to Harley-Davidson electric motorcycles in the future.

Puducherry becomes ‘Har Ghar Jal’ UT

• Puducherry has become the ‘Har Ghar Jal’ Union Territory by ensuring that every rural home gets a household tap connection.
• It has now become the fourth state or UT after Goa, Telangana, and Andaman and Nicobar Islands to provide assured tap water supply to every rural home under Jal Jeevan Mission.
• All 1.16 lakh rural households in Puducherry have a tap water supply now.

Monthly stipend for MBBS students: J&K

• In J&K, a monthly stipend shall be paid to the final year MBBS students who would render services in various Covid hospitals across the UT.
• A monthly stipend of Rs 5,000 shall be paid to all such final year MBBS students, under Covid-19 Emergency Response Package (ECRP) of National Health Mission (NHM) J&K.
• It will be given to those who work for at least 100 days for Covid care.

KR Gouri Amma passes away

• Veteran Communist leader and the leader of Janadipathya Samrakshana Samiti (JSS), K.R. Gouri Amma passed away in May 2021.
• She has been the longest-serving woman legislator in the Kerala Assembly, the oldest woman member in the Assembly, and the oldest woman minister.
• She had been a minister in the first democratically elected Communist Government of 1957 in Kerala.

Over 1 lakh MTs of food grains distributed

• Over one lakh MT of food grains has been distributed to over 2 crore beneficiaries by 12 states and UTs so far under Pradhan Mantri Garib Kalyan Anna Yojana- PMGKAY-3.
• The Department of Food and Public Distribution started the implementation of the scheme for two months, May and June 2021 by providing an additional quota of free-of-cost foodgrains at a scale of 5 kilograms per person per month.

Flood reporting system launched in Assam

• An online flood reporting and information management system has been launched in Assam, which faces severe floods every year.
• The online system developed jointly by Assam State Disaster Management Agency and UNICEF will replace the existing manual flood control mechanism.
• Daily flood reporting between May 15 and October 15, 2021, has been made mandatory in Assam.

Outlook for aviation industry upgraded

• Moody’s has upgraded its outlook for the global airline industry to “positive” from “negative”.
• The rating agency expects steady vaccine rollouts across geographies to drive a rebound in commercial air travel.
• In terms of domestic air travel, Moody’s noted that China, the United States, and Australia are leading the recovery.

CSC, HDFC Bank launches chatbot ‘Eva’

• HDFC Bank and Common Services Centres (CSCs) have launched chatbot ‘Eva’ on CSCs Digital Seva Portal.
• It will support the Village Level Entrepreneurs (VLEs) in providing banking services for the last mile rural consumers.
• Through it, VLEs will learn about the products and services offered by the HDFC Bank.
• They will also be able to access training content to become a Business Correspondent.

Global renewable energy grew at the fastest pace

• Renewable energy grew at its fastest pace in two decades in 2020, led by China, and will continue to grow in the next two years.
• This was stated in a report by the International Energy Agency (IEA).
• New renewable energy capacity in 2020 rose by 45% to 280 gigawatts (GW) in 2020, the largest year-on-year increase since 1999, even though there were supply chain disruptions.

Indian cold chain logistics likely to grow 20%

• India’s cold chain sector is expected to grow at over 20 percent CAGR by 2025, according to JLL.
• This is due to its transformation from conventional cold storage to modern storage space.
• As per JLL, there is an opportunity for organized cold storage or ‘palettized’ cold storage in tier-I cities like Mumbai, Delhi-NCR, Bengaluru, Chennai, Pune, Kolkata, and Hyderabad.

AstraZeneca gives 80% lower death risk

• AstraZeneca’s COVID-19 vaccine’s one dose results in an 80% less risk of death from the disease, according to Public Health England.
• Protection against death from the Pfizer-BioNTech vaccine rises from approximately 80% after one dose to 97% after two doses in its new analysis. 
• 2 doses of the Pfizer-BioNTech vaccine reduces the risk of hospitalization by 93% for the over 80s.

Seminar on social infrastructure financing

• The Department of Economic Affairs and the New Development Bank (NDB) will jointly organize a virtual seminar on “Social Infrastructure Financing and Use of Digital Technologies” on May 13, 2021.
• This is a part of the economic and financial cooperation agenda under the Indian BRICS Chairship, 2021.
• Ajay Seth, Secretary, Economic Affairs will make the inaugural address.

#Top Current Affairs 11th May 2021

@Top Current Affairs 11th May 2021

Important Link :-

• Join Telegram Group: Click Here
• Latest Government Job Notification