Daily Current Affairs 10th May, 2018

Daily Current Affairs 10 May 2018 for Banking/Insurance/SSC and other related exams.


India, Panama sign Two Agreements

India and Panama have signed two agreements on exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture.

  • These agreements were signed in the presence of Vice President M Venkaiah Naidu and President of Panama Juan Carlos Varela Rodrigues and Vice President and Foreign Minister Isabel de Saint Malo de Alvarado in Panama city last night.
  • Besides, two centres for Biodiversity and Innovation will be setup by India in Panama worth US $10 mn. and US $15 mn. each.

Union Minister for Civil Aviation Suresh Prabhu inaugurates 6th US-India Aviation Summit

The 6th US-India Aviation Summit was formally inaugurated by Union Minister for Civil Aviation, Suresh Prabhu in Mumbai.

  • The biennial Summit is jointly organised by Ministry of Civil Aviation and US Trade and Development Agency (USTDA). The summit is a technical, policy and commercial forum by the Indian Ministry of Civil Aviation and the US Trade and Development Agency.

Haryana to start 31 government colleges for girls

Haryana Government has decided to start 31 government colleges for girls with effect from ensuing academic session 2018-19.

  • The Minister said that all these colleges would start functioning from the academic session starting in July 2018.
  • Till the construction of college buildings get completed, these colleges would run in vacant buildings of government schools or other organisations so that girls would not have to travel far places for education.

Govt issues orders for extending assistance to sugarcane farmers

Central government has issued orders for extending assistance to help sugar mills to clear the dues of sugarcane farmers.

  • The government has decided to provide financial assistance of 5.50 rupees per quintal of cane crushed in sugar season 2017-18 to sugar mills to offset the cost of cane.
  • The assistance shall be paid directly to the farmers on behalf of the mills and be adjusted against the cane price payable due to the farmers against Fair and Remunerative Price (FRP) including arrears relating to previous years.
  • The total assistance would be about 1540 crore rupees, which will directly benefit a large number of farmers and will help the sugar mills in a long way in discharging their liabilities on account of cane price dues of farmers.

Telangana launches crop investment support scheme

The Telangana government has launched a new scheme in which the farmers in the state will get Rs 8,000 per acre each every year as crop investment support.

  • Launching the programme titled ‘Rythu Bandhu’, Chief Minister K. Chandrasekhar Rao claimed that Telangana is the first state in India to implement a farmer investment support scheme.
  • The government plans to spend Rs 12,000 crore every year under this scheme, benefiting 58 lakh farmers. The financial assistance will be for two crops each year.

Asia Media Summit begins in Delhi

Amid growing impact of digitization on media and entertainment industry, a two-days Asia Media Summit began in New Delhi from May 10.

  • The theme of the summit is “Telling Our Stories – Asia and More”.
  • Participation of over 200 foreign delegates representing 39 countries including Pakistan and China and representatives of international organisations including the FAO and UNESCO will be among those participating.
  • The summit, being held in India for the first time, was addressed by Information and Broadcasting Minister Smriti Irani and Law Minister Ravi Shankar Prasad.

Madhya Pradesh Gets India’s 1st Smart Cities Control Centre

In a major step towards realising the centre’s smart city mission (SCM), the Madhya Pradesh government on Tuesday launched the country’s first Integrated Control and Command Centre (ICCC) for all seven smart cities of the state in Bhopal.

  • Bhopal, Indore, Ujjain, Gwalior, Jabalpur, Satna, and Sagar are the seven smart cities under SCM in Madhya Pradesh.
  • They also inaugurated the first “Apex Conference for the CEOs” of smart cities. The seminar is being attended by 77 CEOs.


Mahathir Mohamad sworn-in as the new Prime Minister of Malaysia

Dr. Mahathir Mohamad was sworn in as Prime Minister of Malaysia with a historic victory in the country’s general elections. With this win, 92-year old Mahathir, who previously ruled the country with an iron fist for 22 years, becomes the oldest Prime Minister in the world.

  • Mahathir’s coalition, Pakatan Harapan, won 121 seats, over the threshold of 112 seats needed to form a government of the total 222 seats.
  • Mahathir defeated the governing Barisan Nasional (BN) coalition, which has been in power for more than 60 years. BN coalition won 79 seats.


India U-16 football team registers 2-1 win against Jordan

India’s Under-16 national football team started the four-nation international tournament in Serbia with a 2-1 victory over Jordan. 

Rohit Danu scored India’s second goal nine minutes later which eventually proved to be the difference between the two teams. India will next face hosts Serbia.


Oscar-winning film editor Anne V. Coates dead

English-born film editor Anne V. Coates, who won an Academy Award for David Leans classic “Lawrence of Arabia”, is dead. She was 92.

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