Current Affairs for Competitive Exam \u2013 6 May 2022 <\/h2>\n\n\n\nTokyo Olympian discus thrower Kamalpreet Kaur provisionally suspended<\/a><\/h3>\n\n\n\n![\"Tokyo](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T115155.847.jpg\")
<\/figure>\n\n\n\nStar Indian discus thrower Kamalpreet Kaur, who represented the country at the Tokyo 2020 Olympics last year, has been provisionally suspended by the Athletics Integrity Unit (AIU) after she tested positive for a banned drug. Kamalpreet, who was tested on March 29, was suspended for the presence\/use of the prohibited substance stanozolol in her sample, a breach of the World Athletics anti-doping rules. Kaur had made it to the Tokyo Olympics final, finishing sixth with a throw of 63.7m.<\/p>\n\n\n\n
A provisional suspension is when an athlete or other person is suspended temporarily from participating in any competition or activity in athletics prior to a final decision at a hearing conducted under the World Athletics Anti-Doping Rules or the Integrity Code of Conduct.<\/p>\n\n\n\n
Last year, Kamalpreet became the first Indian to breach the 65m-mark in the discus throw. She has a national record against her name which she created with a throw of 66.59m at the Indian Grand Prix.<\/p>\n\n\n\n
24th Deaflympics: Dhanush Srikanth won gold in men\u2019s 10m air rifle<\/a><\/h3>\n\n\n\n![\"24th](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T121528.421.jpg\")
<\/figure>\n\n\n\nDhanush Srikanth struck gold in the men\u2019s 10m air rifle competition on Day 3 of the 24th Deaflympics at Caxias do Sul, Brazil, ensuring a golden start to India\u2019s campaign at the Games.<\/p>\n\n\n\n
Later, the Indian badminton team also won gold after beating Japan by 3-1 in the final to make it a double celebration for the country. Ukraine is leading the chart with 19 gold, six silver and 13 bronze medals. With two gold and one bronze medal, India has placed eighth on the medals table.<\/p>\n\n\n\n
India to be \u2018Country of Honour\u2019 at Cannes Marche\u2019 Du Film in France<\/a><\/h3>\n\n\n\n![\"India](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T121738.635.jpg\")
<\/figure>\n\n\n\nUnion Minister for Information and Broadcasting<\/strong>, Anurag Thakur<\/strong> has announced that India will be the \u2018country of honour\u2019 at the March\u00e9 Du Film, organised alongside the Cannes Film Festival this year. The development was shared by Union information and broadcasting minister Anurag Thakur on Wednesday.<\/p>\n\n\n\nThe Country of Honour Status thereby ensured India\u2019s presence as Focus Country at the Opening Night of Marche Du Films being organized at the Majestic Beach with a spotlight on India, its cinema, its culture & heritage.<\/p>\n\n\n\n
India is also a \u201cCountry of Honour at the Cannes Next, under which 5 new Start-Ups would be given an opportunity to pitch to the Audio-Visual Industry. Ten professionals will participate in the Animation Day networking.<\/p>\n\n\n\n
In another highlight of India\u2019s participation at this edition of the Cannes Film Festival is the World Premiere of the Movie \u201cRocketry\u201d produced by Shri. R. Madhavan. The movie would be showcased at the Palais des Festivals of the market screening on the 19th of May 2022.<\/p>\n\n\n\n
India has been given an opportunity to pitch 5 selected movies at the \u201cGoes to Cannes Section\u201d. <\/p>\n\n\n\n
These movies are part of the Work In Progress lab under the Film Bazaar:<\/strong><\/p>\n\n\n\n- Baghjan by Jaicheng Zxai Dohutia \u2013 Assamese, Moran<\/li>
- Bailadila by Shailendra Sahu \u2013 Hindi, Chhattisgarhi<\/li>
- Ek Jagah Apni (A Space of Our Own) by Ektara Collective \u2013 Hindi<\/li>
- Follower by Harshad Nalawade \u2013 Marathi, Kannada, Hindi.<\/li><\/ol>\n\n\n\n
Canara Bank & ASAP ties-up to launch skill loans<\/a><\/h3>\n\n\n\n![\"Canara](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T121933.255.jpg\")
<\/figure>\n\n\n\nCanara Bank in association with the Additional Skill Acquisition Programme (ASAP) has launched \u2018skill loans\u2019.<\/p>\n\n\n\n
Under this facility, the loan is ranging from \u20b95,000 to \u20b91.5 lakh. This loan can be availed of by students who are pursuing skill training programmes which are offered by ASAP Kerala or any other Central or State government-recognised agencies. Collateral free loans will be provided to students and have a repayment period of three to seven years. <\/p>\n\n\n\n
RBI raises repo rate by 40 basis points to 4.40%<\/a><\/h3>\n\n\n\n![\"RBI](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T122102.786.jpg\")
<\/figure>\n\n\n\nThe Reserve Bank of India (RBI) has raised the Repo rate by 40 basis points to 4.40% and the cash reserve ratio (CRR) by 50 basis points to 4.50%.<\/p>\n\n\n\n
Aim: To bring down the raised inflation to the desired level and tackle the impact of geopolitical tensions.<\/p>\n\n\n\n
Deposit rates and EMI on loans are likely to increase. The hike in CRR by 50 bps will suck out Rs 87,000 crore from the banking system. Consumer Price Index inflation stood at 6.95% in March 2022.<\/p>\n\n\n\n
Harshada Sharad Garud becomes the 1st Indian to win gold medal at IWF Junior World Weightlifting Championship<\/a><\/h3>\n\n\n\n![\"Harshada](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T122450.281.jpg\")
<\/figure>\n\n\n\nIn Weightlifting, Harshada Sharad Garud scripted history by becoming the first Indian to win a gold medal at the IWF Junior World Championships at Heraklion in Greece. She won the 45-kilogram weight category with a total of 153 kilograms lifted, including 70 kilograms in Snatch and 83 kilograms in Clean and Jerk.<\/p>\n\n\n\n
Key Points:<\/strong><\/p>\n\n\n\n- Garud led India to a medal on the first day of the competition, leaving eight rivals behind. Bektas Cansu of Turkey won the silver medal, while Teodora-Luminita Hincu of Moldova won the bronze.<\/li>
- The other Indian in the same weight category, Anjali Patel finished fifth with a total effort of 148 kilograms which included 67 kilograms in snatch and 81 kilograms in clean and jerk.<\/li>
- Only two Indians have won a medal in the IWF Junior World Championships before<\/li>
- Mirabai Chanu was a bronze medalist in 2013 while Achinta Sheuli was a silver medalist the previous year.<\/li><\/ul>\n\n\n\n
About Harshada Sharad Garud:<\/strong><\/p>\n\n\n\n- Harshada Sharad Garud, the first Indian weightlifter to win a gold medal at the IWF Junior World Championship 2022, also won the under-17 girls\u2019 title at the 2020 Khelo India Youth Games.<\/li>
- Harshada began weightlifting as a 12-year-old at the urging of her father, Sharad Garud, who was a state-level weightlifter himself.<\/li><\/ul>\n\n\n\n
India ranked 21st in Chainalysis 2021 Cryptocurrency Gains by Country<\/a><\/h3>\n\n\n\n![\"India](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T122637.260.jpg\")
<\/figure>\n\n\n\nAccording to the data released by crypto analytics firm Chainalysis, investors around the world realized total Crypto gains of $162.7 billion in 2021, compared to $32.5 billion in 2020. This is 2nd consecutive data by Chainalysis. Ethereum is the most noteworthy gainer among the crypto assets.<\/p>\n\n\n\n
It also highlights Ethereum edged out Bitcoin in total realized gains globally at $76.3 billion to $74.7 billion. The United States has topped with an estimated $47 billion in realized cryptocurrency gains.<\/p>\n\n\n\n
Followed by the UK, Germany, Japan, and China have been positioned at 2nd, 3rd, 4th and 5th place respectively. India has ranked 21st with realized gains of around $1.85 billion.<\/p>\n\n\n\n
Key Points:<\/strong><\/p>\n\n\n\n- However, India ranked lowly at 21st with realized gains of around $1.85 billion while it is topped by the United States with an estimated realized Crypto gain of $49.95 billion.<\/li>
- The US is followed by the United Kingdom at 2nd with estimated realized Crypto gains of $8.16 billion, Germany ($5.82 billion), Japan ($5.51 billion), and China ($5.06 billion).<\/li><\/ul>\n\n\n\n
Dhanush Srikanth wins gold in Deaflympics<\/a><\/h3>\n\n\n\n![\"Dhanush](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T122815.979.jpg\")
<\/figure>\n\n\n\nShooter Dhanush Srikanth has won gold and Shourya Saini has also won the bronze in the men\u2019s 10m air rifle competition in the 24th Deaflympics at Caxias do Sul, Brazil.<\/p>\n\n\n\n
Later, the Indian badminton team also won gold after beating Japan by 3-1 in the final to make it a double celebration for the country. Ukraine is leading the chart with 19 gold, six silver and 13 bronze medals. With two gold and one bronze medal, India has placed eighth on the medals table.<\/p>\n\n\n\n
Bangladesh uncover a new gas field of 20 MMCFD capacity<\/a><\/h3>\n\n\n\n![\"Bangladesh](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T123514.851.jpg\")
<\/figure>\n\n\n\nBangladesh has uncovered a new gas field with the capacity to produce 20 million cubic feet of gas per day (MMCFD) at the Koilastila Gas field.<\/p>\n\n\n\n
Koilastila Gas Field is one of the five gas fields which was purchased from the Shell Oil company by Bangabandhu Sheikh Mujibur Rahman in 1975. Now, it is possible to supply 17-19 million cubic feet of gas daily to the national grid from the newly discovered well number 6 by May 10. <\/p>\n\n\n\n
Telangana govt extends insurance coverage under \u2018Nethanna Bima\u2019 scheme<\/a><\/h3>\n\n\n\n![\"Telangana](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T125536.142.jpg\")
<\/figure>\n\n\n\nTelangana Government has announced the extension of insurance coverage to handloom and power loom weavers under \u2018Nethanna Bima\u2019 (Weaver\u2019s Insurance) Scheme.<\/p>\n\n\n\n
The State Government has extended the insurance coverage of 5 lakh rupees for weavers under the Insurance Scheme on par with Rythu Bima insurance scheme. The insurance coverage would be extended to weavers in the age group of 18 to 59 years. <\/p>\n\n\n\n
Telangana Governor: Tamilisai Soundararajan; CM: K. Chandrashekar Rao.<\/p>\n\n\n\n
Ronnie O\u2019Sullivan wins record seventh World Snooker title<\/a><\/h3>\n\n\n\n![\"Ronnie](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T125848.489.jpg\")
<\/figure>\n\n\n\nRonnie O\u2019Sullivan (English snooker player) has won his seventh World Snooker Championship crown after beating Judd Trump (English snooker player) by 18-13.<\/p>\n\n\n\n
With this win, he has been equalled Stephen Hendry\u2019s modern-day record of seven world titles. O\u2019Sullivan has won his first world title in 2001.<\/p>\n\n\n\n
He has also claimed snooker\u2019s biggest prize in 2004, 2008, 2012, 2013 and 2020 before his triumph over the Bristolian.<\/p>\n\n\n\n
International No Diet Day 2022 observed on 6th May<\/a><\/h3>\n\n\n\n![\"International](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/05\/download-2022-05-06T130035.134.jpg\")
<\/figure>\n\n\n\n\u2018International No Diet Day 2022\u2019 is celebrated all over the world on 6 May. People are made aware on this day of body acceptance, leaving the behaviour of body shaming, which consists of people of all shapes and sizes. The day makes you love yourself and indulge with some tasty treats. Forgetting problems like obesity, increasing weight, weakness, and belly fat, people express their love towards themselves on this day.<\/p>\n\n\n\n
<\/figure>\n\n\n\nStar Indian discus thrower Kamalpreet Kaur, who represented the country at the Tokyo 2020 Olympics last year, has been provisionally suspended by the Athletics Integrity Unit (AIU) after she tested positive for a banned drug. Kamalpreet, who was tested on March 29, was suspended for the presence\/use of the prohibited substance stanozolol in her sample, a breach of the World Athletics anti-doping rules. Kaur had made it to the Tokyo Olympics final, finishing sixth with a throw of 63.7m.<\/p>\n\n\n\n
A provisional suspension is when an athlete or other person is suspended temporarily from participating in any competition or activity in athletics prior to a final decision at a hearing conducted under the World Athletics Anti-Doping Rules or the Integrity Code of Conduct.<\/p>\n\n\n\n
Last year, Kamalpreet became the first Indian to breach the 65m-mark in the discus throw. She has a national record against her name which she created with a throw of 66.59m at the Indian Grand Prix.<\/p>\n\n\n\n
24th Deaflympics: Dhanush Srikanth won gold in men\u2019s 10m air rifle<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nDhanush Srikanth struck gold in the men\u2019s 10m air rifle competition on Day 3 of the 24th Deaflympics at Caxias do Sul, Brazil, ensuring a golden start to India\u2019s campaign at the Games.<\/p>\n\n\n\n
Later, the Indian badminton team also won gold after beating Japan by 3-1 in the final to make it a double celebration for the country. Ukraine is leading the chart with 19 gold, six silver and 13 bronze medals. With two gold and one bronze medal, India has placed eighth on the medals table.<\/p>\n\n\n\n
India to be \u2018Country of Honour\u2019 at Cannes Marche\u2019 Du Film in France<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Minister for Information and Broadcasting<\/strong>, Anurag Thakur<\/strong> has announced that India will be the \u2018country of honour\u2019 at the March\u00e9 Du Film, organised alongside the Cannes Film Festival this year. The development was shared by Union information and broadcasting minister Anurag Thakur on Wednesday.<\/p>\n\n\n\nThe Country of Honour Status thereby ensured India\u2019s presence as Focus Country at the Opening Night of Marche Du Films being organized at the Majestic Beach with a spotlight on India, its cinema, its culture & heritage.<\/p>\n\n\n\n
India is also a \u201cCountry of Honour at the Cannes Next, under which 5 new Start-Ups would be given an opportunity to pitch to the Audio-Visual Industry. Ten professionals will participate in the Animation Day networking.<\/p>\n\n\n\n
In another highlight of India\u2019s participation at this edition of the Cannes Film Festival is the World Premiere of the Movie \u201cRocketry\u201d produced by Shri. R. Madhavan. The movie would be showcased at the Palais des Festivals of the market screening on the 19th of May 2022.<\/p>\n\n\n\n
India has been given an opportunity to pitch 5 selected movies at the \u201cGoes to Cannes Section\u201d. <\/p>\n\n\n\n
These movies are part of the Work In Progress lab under the Film Bazaar:<\/strong><\/p>\n\n\n\n- Baghjan by Jaicheng Zxai Dohutia \u2013 Assamese, Moran<\/li>
- Bailadila by Shailendra Sahu \u2013 Hindi, Chhattisgarhi<\/li>
- Ek Jagah Apni (A Space of Our Own) by Ektara Collective \u2013 Hindi<\/li>
- Follower by Harshad Nalawade \u2013 Marathi, Kannada, Hindi.<\/li><\/ol>\n\n\n\n
Canara Bank & ASAP ties-up to launch skill loans<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nCanara Bank in association with the Additional Skill Acquisition Programme (ASAP) has launched \u2018skill loans\u2019.<\/p>\n\n\n\n
Under this facility, the loan is ranging from \u20b95,000 to \u20b91.5 lakh. This loan can be availed of by students who are pursuing skill training programmes which are offered by ASAP Kerala or any other Central or State government-recognised agencies. Collateral free loans will be provided to students and have a repayment period of three to seven years. <\/p>\n\n\n\n
RBI raises repo rate by 40 basis points to 4.40%<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Reserve Bank of India (RBI) has raised the Repo rate by 40 basis points to 4.40% and the cash reserve ratio (CRR) by 50 basis points to 4.50%.<\/p>\n\n\n\n
Aim: To bring down the raised inflation to the desired level and tackle the impact of geopolitical tensions.<\/p>\n\n\n\n
Deposit rates and EMI on loans are likely to increase. The hike in CRR by 50 bps will suck out Rs 87,000 crore from the banking system. Consumer Price Index inflation stood at 6.95% in March 2022.<\/p>\n\n\n\n
Harshada Sharad Garud becomes the 1st Indian to win gold medal at IWF Junior World Weightlifting Championship<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIn Weightlifting, Harshada Sharad Garud scripted history by becoming the first Indian to win a gold medal at the IWF Junior World Championships at Heraklion in Greece. She won the 45-kilogram weight category with a total of 153 kilograms lifted, including 70 kilograms in Snatch and 83 kilograms in Clean and Jerk.<\/p>\n\n\n\n
Key Points:<\/strong><\/p>\n\n\n\n- Garud led India to a medal on the first day of the competition, leaving eight rivals behind. Bektas Cansu of Turkey won the silver medal, while Teodora-Luminita Hincu of Moldova won the bronze.<\/li>
- The other Indian in the same weight category, Anjali Patel finished fifth with a total effort of 148 kilograms which included 67 kilograms in snatch and 81 kilograms in clean and jerk.<\/li>
- Only two Indians have won a medal in the IWF Junior World Championships before<\/li>
- Mirabai Chanu was a bronze medalist in 2013 while Achinta Sheuli was a silver medalist the previous year.<\/li><\/ul>\n\n\n\n
About Harshada Sharad Garud:<\/strong><\/p>\n\n\n\n- Harshada Sharad Garud, the first Indian weightlifter to win a gold medal at the IWF Junior World Championship 2022, also won the under-17 girls\u2019 title at the 2020 Khelo India Youth Games.<\/li>
- Harshada began weightlifting as a 12-year-old at the urging of her father, Sharad Garud, who was a state-level weightlifter himself.<\/li><\/ul>\n\n\n\n
India ranked 21st in Chainalysis 2021 Cryptocurrency Gains by Country<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nAccording to the data released by crypto analytics firm Chainalysis, investors around the world realized total Crypto gains of $162.7 billion in 2021, compared to $32.5 billion in 2020. This is 2nd consecutive data by Chainalysis. Ethereum is the most noteworthy gainer among the crypto assets.<\/p>\n\n\n\n
It also highlights Ethereum edged out Bitcoin in total realized gains globally at $76.3 billion to $74.7 billion. The United States has topped with an estimated $47 billion in realized cryptocurrency gains.<\/p>\n\n\n\n
Followed by the UK, Germany, Japan, and China have been positioned at 2nd, 3rd, 4th and 5th place respectively. India has ranked 21st with realized gains of around $1.85 billion.<\/p>\n\n\n\n
Key Points:<\/strong><\/p>\n\n\n\n- However, India ranked lowly at 21st with realized gains of around $1.85 billion while it is topped by the United States with an estimated realized Crypto gain of $49.95 billion.<\/li>
- The US is followed by the United Kingdom at 2nd with estimated realized Crypto gains of $8.16 billion, Germany ($5.82 billion), Japan ($5.51 billion), and China ($5.06 billion).<\/li><\/ul>\n\n\n\n
Dhanush Srikanth wins gold in Deaflympics<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nShooter Dhanush Srikanth has won gold and Shourya Saini has also won the bronze in the men\u2019s 10m air rifle competition in the 24th Deaflympics at Caxias do Sul, Brazil.<\/p>\n\n\n\n
Later, the Indian badminton team also won gold after beating Japan by 3-1 in the final to make it a double celebration for the country. Ukraine is leading the chart with 19 gold, six silver and 13 bronze medals. With two gold and one bronze medal, India has placed eighth on the medals table.<\/p>\n\n\n\n
Bangladesh uncover a new gas field of 20 MMCFD capacity<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nBangladesh has uncovered a new gas field with the capacity to produce 20 million cubic feet of gas per day (MMCFD) at the Koilastila Gas field.<\/p>\n\n\n\n
Koilastila Gas Field is one of the five gas fields which was purchased from the Shell Oil company by Bangabandhu Sheikh Mujibur Rahman in 1975. Now, it is possible to supply 17-19 million cubic feet of gas daily to the national grid from the newly discovered well number 6 by May 10. <\/p>\n\n\n\n
Telangana govt extends insurance coverage under \u2018Nethanna Bima\u2019 scheme<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nTelangana Government has announced the extension of insurance coverage to handloom and power loom weavers under \u2018Nethanna Bima\u2019 (Weaver\u2019s Insurance) Scheme.<\/p>\n\n\n\n
The State Government has extended the insurance coverage of 5 lakh rupees for weavers under the Insurance Scheme on par with Rythu Bima insurance scheme. The insurance coverage would be extended to weavers in the age group of 18 to 59 years. <\/p>\n\n\n\n
Telangana Governor: Tamilisai Soundararajan; CM: K. Chandrashekar Rao.<\/p>\n\n\n\n
Ronnie O\u2019Sullivan wins record seventh World Snooker title<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nRonnie O\u2019Sullivan (English snooker player) has won his seventh World Snooker Championship crown after beating Judd Trump (English snooker player) by 18-13.<\/p>\n\n\n\n
With this win, he has been equalled Stephen Hendry\u2019s modern-day record of seven world titles. O\u2019Sullivan has won his first world title in 2001.<\/p>\n\n\n\n
He has also claimed snooker\u2019s biggest prize in 2004, 2008, 2012, 2013 and 2020 before his triumph over the Bristolian.<\/p>\n\n\n\n
International No Diet Day 2022 observed on 6th May<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\n\u2018International No Diet Day 2022\u2019 is celebrated all over the world on 6 May. People are made aware on this day of body acceptance, leaving the behaviour of body shaming, which consists of people of all shapes and sizes. The day makes you love yourself and indulge with some tasty treats. Forgetting problems like obesity, increasing weight, weakness, and belly fat, people express their love towards themselves on this day.<\/p>\n\n\n\n
<\/figure>\n\n\n\nDhanush Srikanth struck gold in the men\u2019s 10m air rifle competition on Day 3 of the 24th Deaflympics at Caxias do Sul, Brazil, ensuring a golden start to India\u2019s campaign at the Games.<\/p>\n\n\n\n
Later, the Indian badminton team also won gold after beating Japan by 3-1 in the final to make it a double celebration for the country. Ukraine is leading the chart with 19 gold, six silver and 13 bronze medals. With two gold and one bronze medal, India has placed eighth on the medals table.<\/p>\n\n\n\n
India to be \u2018Country of Honour\u2019 at Cannes Marche\u2019 Du Film in France<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Minister for Information and Broadcasting<\/strong>, Anurag Thakur<\/strong> has announced that India will be the \u2018country of honour\u2019 at the March\u00e9 Du Film, organised alongside the Cannes Film Festival this year. The development was shared by Union information and broadcasting minister Anurag Thakur on Wednesday.<\/p>\n\n\n\nThe Country of Honour Status thereby ensured India\u2019s presence as Focus Country at the Opening Night of Marche Du Films being organized at the Majestic Beach with a spotlight on India, its cinema, its culture & heritage.<\/p>\n\n\n\n
India is also a \u201cCountry of Honour at the Cannes Next, under which 5 new Start-Ups would be given an opportunity to pitch to the Audio-Visual Industry. Ten professionals will participate in the Animation Day networking.<\/p>\n\n\n\n
In another highlight of India\u2019s participation at this edition of the Cannes Film Festival is the World Premiere of the Movie \u201cRocketry\u201d produced by Shri. R. Madhavan. The movie would be showcased at the Palais des Festivals of the market screening on the 19th of May 2022.<\/p>\n\n\n\n
India has been given an opportunity to pitch 5 selected movies at the \u201cGoes to Cannes Section\u201d. <\/p>\n\n\n\n
These movies are part of the Work In Progress lab under the Film Bazaar:<\/strong><\/p>\n\n\n\n- Baghjan by Jaicheng Zxai Dohutia \u2013 Assamese, Moran<\/li>
- Bailadila by Shailendra Sahu \u2013 Hindi, Chhattisgarhi<\/li>
- Ek Jagah Apni (A Space of Our Own) by Ektara Collective \u2013 Hindi<\/li>
- Follower by Harshad Nalawade \u2013 Marathi, Kannada, Hindi.<\/li><\/ol>\n\n\n\n
Canara Bank & ASAP ties-up to launch skill loans<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nCanara Bank in association with the Additional Skill Acquisition Programme (ASAP) has launched \u2018skill loans\u2019.<\/p>\n\n\n\n
Under this facility, the loan is ranging from \u20b95,000 to \u20b91.5 lakh. This loan can be availed of by students who are pursuing skill training programmes which are offered by ASAP Kerala or any other Central or State government-recognised agencies. Collateral free loans will be provided to students and have a repayment period of three to seven years. <\/p>\n\n\n\n
RBI raises repo rate by 40 basis points to 4.40%<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Reserve Bank of India (RBI) has raised the Repo rate by 40 basis points to 4.40% and the cash reserve ratio (CRR) by 50 basis points to 4.50%.<\/p>\n\n\n\n
Aim: To bring down the raised inflation to the desired level and tackle the impact of geopolitical tensions.<\/p>\n\n\n\n
Deposit rates and EMI on loans are likely to increase. The hike in CRR by 50 bps will suck out Rs 87,000 crore from the banking system. Consumer Price Index inflation stood at 6.95% in March 2022.<\/p>\n\n\n\n
Harshada Sharad Garud becomes the 1st Indian to win gold medal at IWF Junior World Weightlifting Championship<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIn Weightlifting, Harshada Sharad Garud scripted history by becoming the first Indian to win a gold medal at the IWF Junior World Championships at Heraklion in Greece. She won the 45-kilogram weight category with a total of 153 kilograms lifted, including 70 kilograms in Snatch and 83 kilograms in Clean and Jerk.<\/p>\n\n\n\n
Key Points:<\/strong><\/p>\n\n\n\n- Garud led India to a medal on the first day of the competition, leaving eight rivals behind. Bektas Cansu of Turkey won the silver medal, while Teodora-Luminita Hincu of Moldova won the bronze.<\/li>
- The other Indian in the same weight category, Anjali Patel finished fifth with a total effort of 148 kilograms which included 67 kilograms in snatch and 81 kilograms in clean and jerk.<\/li>
- Only two Indians have won a medal in the IWF Junior World Championships before<\/li>
- Mirabai Chanu was a bronze medalist in 2013 while Achinta Sheuli was a silver medalist the previous year.<\/li><\/ul>\n\n\n\n
About Harshada Sharad Garud:<\/strong><\/p>\n\n\n\n- Harshada Sharad Garud, the first Indian weightlifter to win a gold medal at the IWF Junior World Championship 2022, also won the under-17 girls\u2019 title at the 2020 Khelo India Youth Games.<\/li>
- Harshada began weightlifting as a 12-year-old at the urging of her father, Sharad Garud, who was a state-level weightlifter himself.<\/li><\/ul>\n\n\n\n
India ranked 21st in Chainalysis 2021 Cryptocurrency Gains by Country<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nAccording to the data released by crypto analytics firm Chainalysis, investors around the world realized total Crypto gains of $162.7 billion in 2021, compared to $32.5 billion in 2020. This is 2nd consecutive data by Chainalysis. Ethereum is the most noteworthy gainer among the crypto assets.<\/p>\n\n\n\n
It also highlights Ethereum edged out Bitcoin in total realized gains globally at $76.3 billion to $74.7 billion. The United States has topped with an estimated $47 billion in realized cryptocurrency gains.<\/p>\n\n\n\n
Followed by the UK, Germany, Japan, and China have been positioned at 2nd, 3rd, 4th and 5th place respectively. India has ranked 21st with realized gains of around $1.85 billion.<\/p>\n\n\n\n
Key Points:<\/strong><\/p>\n\n\n\n- However, India ranked lowly at 21st with realized gains of around $1.85 billion while it is topped by the United States with an estimated realized Crypto gain of $49.95 billion.<\/li>
- The US is followed by the United Kingdom at 2nd with estimated realized Crypto gains of $8.16 billion, Germany ($5.82 billion), Japan ($5.51 billion), and China ($5.06 billion).<\/li><\/ul>\n\n\n\n
Dhanush Srikanth wins gold in Deaflympics<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nShooter Dhanush Srikanth has won gold and Shourya Saini has also won the bronze in the men\u2019s 10m air rifle competition in the 24th Deaflympics at Caxias do Sul, Brazil.<\/p>\n\n\n\n
Later, the Indian badminton team also won gold after beating Japan by 3-1 in the final to make it a double celebration for the country. Ukraine is leading the chart with 19 gold, six silver and 13 bronze medals. With two gold and one bronze medal, India has placed eighth on the medals table.<\/p>\n\n\n\n
Bangladesh uncover a new gas field of 20 MMCFD capacity<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nBangladesh has uncovered a new gas field with the capacity to produce 20 million cubic feet of gas per day (MMCFD) at the Koilastila Gas field.<\/p>\n\n\n\n
Koilastila Gas Field is one of the five gas fields which was purchased from the Shell Oil company by Bangabandhu Sheikh Mujibur Rahman in 1975. Now, it is possible to supply 17-19 million cubic feet of gas daily to the national grid from the newly discovered well number 6 by May 10. <\/p>\n\n\n\n
Telangana govt extends insurance coverage under \u2018Nethanna Bima\u2019 scheme<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nTelangana Government has announced the extension of insurance coverage to handloom and power loom weavers under \u2018Nethanna Bima\u2019 (Weaver\u2019s Insurance) Scheme.<\/p>\n\n\n\n
The State Government has extended the insurance coverage of 5 lakh rupees for weavers under the Insurance Scheme on par with Rythu Bima insurance scheme. The insurance coverage would be extended to weavers in the age group of 18 to 59 years. <\/p>\n\n\n\n
Telangana Governor: Tamilisai Soundararajan; CM: K. Chandrashekar Rao.<\/p>\n\n\n\n
Ronnie O\u2019Sullivan wins record seventh World Snooker title<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nRonnie O\u2019Sullivan (English snooker player) has won his seventh World Snooker Championship crown after beating Judd Trump (English snooker player) by 18-13.<\/p>\n\n\n\n
With this win, he has been equalled Stephen Hendry\u2019s modern-day record of seven world titles. O\u2019Sullivan has won his first world title in 2001.<\/p>\n\n\n\n
He has also claimed snooker\u2019s biggest prize in 2004, 2008, 2012, 2013 and 2020 before his triumph over the Bristolian.<\/p>\n\n\n\n
International No Diet Day 2022 observed on 6th May<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\n\u2018International No Diet Day 2022\u2019 is celebrated all over the world on 6 May. People are made aware on this day of body acceptance, leaving the behaviour of body shaming, which consists of people of all shapes and sizes. The day makes you love yourself and indulge with some tasty treats. Forgetting problems like obesity, increasing weight, weakness, and belly fat, people express their love towards themselves on this day.<\/p>\n\n\n\n
<\/figure>\n\n\n\nUnion Minister for Information and Broadcasting<\/strong>, Anurag Thakur<\/strong> has announced that India will be the \u2018country of honour\u2019 at the March\u00e9 Du Film, organised alongside the Cannes Film Festival this year. The development was shared by Union information and broadcasting minister Anurag Thakur on Wednesday.<\/p>\n\n\n\n The Country of Honour Status thereby ensured India\u2019s presence as Focus Country at the Opening Night of Marche Du Films being organized at the Majestic Beach with a spotlight on India, its cinema, its culture & heritage.<\/p>\n\n\n\n India is also a \u201cCountry of Honour at the Cannes Next, under which 5 new Start-Ups would be given an opportunity to pitch to the Audio-Visual Industry. Ten professionals will participate in the Animation Day networking.<\/p>\n\n\n\n In another highlight of India\u2019s participation at this edition of the Cannes Film Festival is the World Premiere of the Movie \u201cRocketry\u201d produced by Shri. R. Madhavan. The movie would be showcased at the Palais des Festivals of the market screening on the 19th of May 2022.<\/p>\n\n\n\n India has been given an opportunity to pitch 5 selected movies at the \u201cGoes to Cannes Section\u201d. <\/p>\n\n\n\n These movies are part of the Work In Progress lab under the Film Bazaar:<\/strong><\/p>\n\n\n\n Canara Bank in association with the Additional Skill Acquisition Programme (ASAP) has launched \u2018skill loans\u2019.<\/p>\n\n\n\n Under this facility, the loan is ranging from \u20b95,000 to \u20b91.5 lakh. This loan can be availed of by students who are pursuing skill training programmes which are offered by ASAP Kerala or any other Central or State government-recognised agencies. Collateral free loans will be provided to students and have a repayment period of three to seven years. <\/p>\n\n\n\n The Reserve Bank of India (RBI) has raised the Repo rate by 40 basis points to 4.40% and the cash reserve ratio (CRR) by 50 basis points to 4.50%.<\/p>\n\n\n\n Aim: To bring down the raised inflation to the desired level and tackle the impact of geopolitical tensions.<\/p>\n\n\n\n Deposit rates and EMI on loans are likely to increase. The hike in CRR by 50 bps will suck out Rs 87,000 crore from the banking system. Consumer Price Index inflation stood at 6.95% in March 2022.<\/p>\n\n\n\n In Weightlifting, Harshada Sharad Garud scripted history by becoming the first Indian to win a gold medal at the IWF Junior World Championships at Heraklion in Greece. She won the 45-kilogram weight category with a total of 153 kilograms lifted, including 70 kilograms in Snatch and 83 kilograms in Clean and Jerk.<\/p>\n\n\n\n Key Points:<\/strong><\/p>\n\n\n\n About Harshada Sharad Garud:<\/strong><\/p>\n\n\n\n According to the data released by crypto analytics firm Chainalysis, investors around the world realized total Crypto gains of $162.7 billion in 2021, compared to $32.5 billion in 2020. This is 2nd consecutive data by Chainalysis. Ethereum is the most noteworthy gainer among the crypto assets.<\/p>\n\n\n\n It also highlights Ethereum edged out Bitcoin in total realized gains globally at $76.3 billion to $74.7 billion. The United States has topped with an estimated $47 billion in realized cryptocurrency gains.<\/p>\n\n\n\n Followed by the UK, Germany, Japan, and China have been positioned at 2nd, 3rd, 4th and 5th place respectively. India has ranked 21st with realized gains of around $1.85 billion.<\/p>\n\n\n\n Key Points:<\/strong><\/p>\n\n\n\n Shooter Dhanush Srikanth has won gold and Shourya Saini has also won the bronze in the men\u2019s 10m air rifle competition in the 24th Deaflympics at Caxias do Sul, Brazil.<\/p>\n\n\n\n Later, the Indian badminton team also won gold after beating Japan by 3-1 in the final to make it a double celebration for the country. Ukraine is leading the chart with 19 gold, six silver and 13 bronze medals. With two gold and one bronze medal, India has placed eighth on the medals table.<\/p>\n\n\n\n Bangladesh has uncovered a new gas field with the capacity to produce 20 million cubic feet of gas per day (MMCFD) at the Koilastila Gas field.<\/p>\n\n\n\n Koilastila Gas Field is one of the five gas fields which was purchased from the Shell Oil company by Bangabandhu Sheikh Mujibur Rahman in 1975. Now, it is possible to supply 17-19 million cubic feet of gas daily to the national grid from the newly discovered well number 6 by May 10. <\/p>\n\n\n\n Telangana Government has announced the extension of insurance coverage to handloom and power loom weavers under \u2018Nethanna Bima\u2019 (Weaver\u2019s Insurance) Scheme.<\/p>\n\n\n\n The State Government has extended the insurance coverage of 5 lakh rupees for weavers under the Insurance Scheme on par with Rythu Bima insurance scheme. The insurance coverage would be extended to weavers in the age group of 18 to 59 years. <\/p>\n\n\n\n Telangana Governor: Tamilisai Soundararajan; CM: K. Chandrashekar Rao.<\/p>\n\n\n\n Ronnie O\u2019Sullivan (English snooker player) has won his seventh World Snooker Championship crown after beating Judd Trump (English snooker player) by 18-13.<\/p>\n\n\n\n With this win, he has been equalled Stephen Hendry\u2019s modern-day record of seven world titles. O\u2019Sullivan has won his first world title in 2001.<\/p>\n\n\n\n He has also claimed snooker\u2019s biggest prize in 2004, 2008, 2012, 2013 and 2020 before his triumph over the Bristolian.<\/p>\n\n\n\n \u2018International No Diet Day 2022\u2019 is celebrated all over the world on 6 May. People are made aware on this day of body acceptance, leaving the behaviour of body shaming, which consists of people of all shapes and sizes. The day makes you love yourself and indulge with some tasty treats. Forgetting problems like obesity, increasing weight, weakness, and belly fat, people express their love towards themselves on this day.<\/p>\n\n\n\nCanara Bank & ASAP ties-up to launch skill loans<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nRBI raises repo rate by 40 basis points to 4.40%<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nHarshada Sharad Garud becomes the 1st Indian to win gold medal at IWF Junior World Weightlifting Championship<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nIndia ranked 21st in Chainalysis 2021 Cryptocurrency Gains by Country<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nDhanush Srikanth wins gold in Deaflympics<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nBangladesh uncover a new gas field of 20 MMCFD capacity<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nTelangana govt extends insurance coverage under \u2018Nethanna Bima\u2019 scheme<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nRonnie O\u2019Sullivan wins record seventh World Snooker title<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nInternational No Diet Day 2022 observed on 6th May<\/a><\/h3>\n\n\n\n
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