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Current Affairs One Liners - 12 May 2021 =================== | UPSC Notes EPFO Labour Law

Current Affairs One Liners - 12 May 2021
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International Nurses Day is an international day observed around the world on 12 May of each year, to mark the contributions that nurses make to society. The theme for the 2021 is Nurses: A Voice to Lead – A vision for future healthcare.

The railwayshave delivered nearly 5,735 tonne of oxygen in over 390 tankers to various states. The Oxygen Express trains delivered 755 tonne of liquid medical oxygen (LMO) across the country.

The fourth India-Swiss Financial Dialogue was held here virtually through video conferencing. Ajay Seth, Secretary Economic Affairs led the Indian delegation.

The test run of the first electrical metro train in Bangladesh was conducted in Dhaka. Road Transport and Bridges Minister Obaidul Quader inaugurated the metro rail test run virtually.

The Supreme Court has appreciated the ‘Mumbai Model’ and asked Delhi and the Centre to take a look at it so that no one in Delhi suffers oxygen shortage.

India is forecast to grow at 10.1 per cent in 2022, becoming the fastest growing major economy in the world, the United Nations said, but cautioned that the growth outlook of 2021 was “highly fragile” as the country was the “new hotbed of the pandemic.”

Rating agency Moody’s has cut India’s gross domestic product (GDP) forecast for FY22 to 9.3 per cent from the earlier projection of 13.7 percent and has ruled out a sovereign rating upgrade at least for now.

Jana Small Finance Bank announced the launch of “I choose my number” feature for all its customers across India. This new feature gives the bank’s existing and new customers the option to select their favorite numbers as their savings or current account number.

To meet the rising oxygen demand for the treatment of COVID-19 patients, the Paytm Foundation has donated 100 oxygen concentrators along with an oxygen generation plant to Gujarat.

PadmakumarM Nair of State Bank of India (SBI) will be the chief executive of National Asset Reconstruction Company (NARCL), a proposed entity for taking over bad loans of lenders, predominantly public sector banks.

McDonald’s India- North & East announced the appointment of Rajeev Ranjan as Chief Operating Officer (COO) and Rajeev Goel as Chief Financial Officer (CFO) of the company.

Godrej Consumer Products (GCPL) said that Sudhir Sitapatiwill join the company as managing director and chief executive officer effective October 18.

Indian-American chemist Sumita Mitra has been nominated as a finalist in the “Non-EPO countries” category of the European Inventor Award 2021 for applying nanotechnology to the production of dental materials, leading to the creation of a new composite to repair teeth which have many advantages over conventional materials.

Geojit Financial Services has entered into an agreement with Punjab National Bank to provide a three-in-one account to the latter’s customers.

DRDO has developed an artificial intelligence Named ATMAN, based on intelligent software that helps in Covid detection.

Gujarat all-rounder Arzan Nagwaswalla has become the first cricketer after 50 Years from the Parsi community to be named in the Indian squad.