Daily Current Affairs 12th May, 2023

Daily Current Affairs 12 May 2023 for Banking/Insurance/SSC and other related exams.

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Varanasi International Airport becomes first in India to offer a reading lounge, free of cost
The Lal Bahadur Shastri International (LBSI) Airport,Varanasi has become the first in India to have a reading lounge. Apart from books on Kashi, the lounge`s library has a collection of literature and books in many international languages besides books of youth authors published under Prime Minister Yuva Yojana.The Varanasi airport has become the first airport in the country to have a free reading lounge. 

  • The lounge has been established with the assistance of National Book Trust (NBT), an Indian publishing house and autonomous body under the ministry of education of the Union government.

Ministry of Power and Ministry of Environment to develop Carbon Credit Trading Scheme for Decarbonisation
The Ministry of Power and Ministry of Environment will develop Carbon Credit Trading Scheme for Decarbonisation. Government plans to develop the Indian Carbon Market with the objective to decarbonize the Indian economy by pricing the Green House Gas emission through trading of Carbon Credit Certificates.

  • The Bureau of Energy Efficiency, Ministry of Power, along with Environment Ministry are developing the Carbon Credit Trading Scheme for this purpose.
  • A one-day Stakeholder Consultation was organized in New Delhi with participants drawn from key stakeholders including Accredited Energy Auditors, Carbon/Energy Verifiers, and Sector Experts.

Ministry of Ayush and ICMR sign an MoU to promote and collaborate on integrative health research
The Ministry of Ayush and the Indian Council of Medical Research (ICMR) signed a Memorandum of Understanding (MoU) to promote and collaborate on integrative health research, focusing on identified areas of national importance in healthcare for promoting high impact research to generate evidence utilizing modern scientific methods.

  • The MoU will also strengthen research capacity through training of Ayush researchers.This cooperation is a significant step towards providing scientific evidence to the Ayush system of medicines and creating a niche for traditional medicine knowledge.

PFRDA extends deadline for linking PAN with Aadhaar till June 30
The Pension Fund Regulatory and Development Authority (PFRDA) has extended the deadline for linking Permanent Account Number (PAN) with Aadhaar to 30 June 2023. The Central Board of Direct Taxes (CBDT) has also extended the date for PAN-Aadhaar linking till this date.

  • The PFRDA has warned that failure to link PAN with Aadhaar by the deadline will result in restrictions on transactions in one’s National Pension System (NPS) account.

India hosts the First-Ever Physical Shanghai Cooperation Organisation (SCO) Startup forum in New Delhi
India recently hosted the third edition of the Shanghai Cooperation Organisation (SCO) Startup Forum in the form of the first-ever physical event in New Delhi. 

  • The event was organized by Startup India, the Department of Promotion for Industry and Internal Trade under the Ministry of Commerce.
  • The forum aimed to expand startup interactions among SCO Member States and encourage innovation, employment generation, and talent building.


WHO declares end to mpox public health emergency
The World Health Organization (WHO) has said it is ending a 10-month-long global health emergency for mpox, a viral disease that led to confirmed cases in more than 100 countries.

  • The organisation declared mpox a public health emergency of international concern (PHEIC) in July 2022 and backed its stand in November and February.


ISSF World Cup: Indian pair Divya TS and Sarabjot Singh win gold in 10m air pistol mixed team event
In the International Shooting Sport Federation (ISSF) World Cup being held at Baku in Azerbaijan, Indian pair Divya TS and Sarabjot Singh won gold in the 10m air pistol mixed team event .

  • The Indian pair defeated the Serbian legends Damir Mikec and Zorana Arunovic in the final match pulling off a nerve-wracking 16-14 win. It was a second ISSF World Cup gold for Sarabjot who had won the individual air pistol in Bhopal in March this year.
  • On the other hand, it was the first senior medal for Diya at the international level. Ismail Keles and Simal Yilmaz of Turkey won bronze.: Indian pair Divya TS and Sarabjot Singh win gold in 10m air pistol mixed team event.


Alia Bhatt becomes luxury brand Gucci’s first Indian global ambassador
Gucci, the luxury fashion brand from Italy, has appointed Alia Bhatt as its first global ambassador from India. She will debut as the brand’s newest global ambassador at the Gucci Cruise 2024 show in Seoul next week.

  • This appointment is an important moment for both the brand and the Indian fashion industry, especially since it comes after Bhatt’s Met Gala debut.

Bollywood star Ayushmann Khurana roped in to galvanise India to cheer for our team at the Special Olympics
Bollywood actor Ayushmann Khurrana has been roped in to galvanise the Indian team and cheer for the athletes headed to the Special Olympics for people with intellectual disabilities scheduled to be held in Berlin from June 16 to June 25.

  • His meteoric rise to stardom goes hand in hand with him becoming the face of disruptive cinema in India. Ayushmann’s contribution as an actor to bring about social change through his films has been hailed by the most reputed global publication – the TIME Magazine, which has judged him as one of the most influential people in the world. He is also the National Ambassador for UNICEF in India.


Severe Cyclonic Storm ‘Mocha’ intensifies into Very Severe Cyclonic Storm
The Severe Cyclonic Storm Mocha has intensified into a Very Severe Cyclonic Storm and lay centered over Central adjoining Southeast Bay of Bengal about 530 kilometers west-northwest of Port Blair.

  • The effect of severe cyclonic storm will also be indirectly felt in the state of Tripura from 13th to 16 May.

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