India has moved up one place to rank 43rd most competitive economy in the world on the back of its robust economic growth, a large labour force and its huge market size, while Singapore has toppled the US to grab the top position, a global study showed. Singapore has moved up to the top, from the third position last year, while the US has slipped to the third place in the 2019 edition of the IMD World Competitiveness Rankings.
As per Election Commission of India, the 2019 Lok Sabha elections witnessed a voter turnout of 67.10% (interim), which is the highest ever voter turnout in the history of general elections. The previous highest voter turnout of 66.44% was recorded in 2014. The seven-phase 2019 elections began on April 11 and concluded on May 19, with counting scheduled for Thursday.
Odisha’s ruling Biju Janata Dal (BJD) headed by Chief Minister Naveen Patnaik is all set to form a government for a fifth consecutive term. The new Cabinet is likely to be sworn-in on 27th May. The final Election Commission (EC) tally shows that the BJD won 112 of the 146 Assembly seats for which elections were held.
Sikkim Krantikari Morcha (SKM) president Prem Singh Tamang, popularly known as PS Golay took oath as the Chief Minister of Sikkim. He was administered the oath by Governor Ganga Prasad at Paljor Stadium in Gangtok. SKM won 17 seats in the 32-member assembly, ousting former CM Pawan Kumar Chamling-led Sikkim Democratic Front after over 24 years.
Pema Khandu was sworn- in as the Chief Minister of Arunachal Pradesh for a second term. This comes after Arunachal Pradesh BJP MLAs unanimously selected Pema Khandu as the leader of BJP Legislature Party on 27 May. BJP had won 41 seats in the 60-member Arunachal Pradesh Assembly.
In Andhra Pradesh, YSR Congress Chief Jagan Mohan Reddy was sworn in as chief minister of Andhra Pradesh on 30th of May at Vijayawada.
The highest-ever number of women have been elected in the 2019 Lok Sabha polls. Out of 542 MPs who will take oath as members of the lower house in the next few days, 78 are women with Uttar Pradesh and West Bengal leading at 11 each.
The 26th Edition of Singapore India Maritime Bilateral Exercise (SIMBEX)-19 has commenced in the South China Sea. In addition to IN Ships Kolkata and Shakti, Long Range Maritime Patrol Aircraft P8I will also participate in the exercise.
Reliance Industries has toppled state-owned Indian Oil Corporation (IOC) to become the country’s biggest company by revenue. The Mukesh Ambani-led conglomerate, in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore. In comparison, IOC posted a turnover of Rs 6.17 lakh crore for the fiscal. It was also the most profitable company in the country with a net profit of more than double that of IOC in FY2019.
RBI has extended timings for customer transactions in the Real Time Gross Settlement (RTGS) system to 6:00 pm from 4:30 pm. The new time window for RTGS will come into effect from 01st June 2019. The RTGS is an online fund transfer system, supported by the RBI. RTGS enables transmission on a real-time basis. The minimum amount for the transaction to be eligible as an RTGS transfer is Rs 2 lakh.
The annual global index named Kids Right Index has ranked countries on the basis of how much they are involved and equipped to improve child rights. India ranked 117th out of 181 countries. Iceland topped the ranking followed by Portugal. Kids Rights Index is an initiative started by Kids Right Foundation with Erasmus University, Rotterdam. The index is prepared on the basis of four indicators Right to Life, Right to Education, Right to Health and Right to Protection.
IT major, Tech Mahindra has signed a defence contract worth Rs.300 crore with Indian Navy. This contract is its biggest agreement to date. The IT major will implement RFID-based access control system across all naval bases and ships as part of ‘Armed Forces Secure Access Card (AFSAC)’ Project. AFSAC will replace the existing paper-based identity card for all Navy personnel, including dependents and ex-servicemen.
Indonesia’s Joko Widodo has been re-elected as president of the country, beating rival Prabowo Subianto, a retired general. Widodo and his vice-presidential running mate Ma’ruf Amin won the election by a 55.5% to 44.5% margin over Subianto and Sandiaga Uno.
An author from Oman, Jokha Alharthi has won the prestigious Man Booker International Prize for “Celestial Bodies”, the story of three sisters of a desert country confronting its slave-owning past and a complex modern world.
The World Health Organization (WHO) declared Algeria and Argentina as malaria-free, with no recorded cases of indigenous transmission of the disease since 2013 and 2010 respectively.
The UN General Assembly proclaimed 22 May, the date of the adoption of its text, as the International Day for Biological Diversity on 20 December 2000. The theme for International Day for Biological Diversity 2019 is ‘Our Biodiversity, Our Food, Our Health’.
British Prime Minister Theresa May announces resignation from her post. She will resign on 7 June 2019. Her announcement triggers the start of a contest to replace her as Conservative leader and Prime Minister.
Scott Morrison has been sworn in as Australia’s Prime Minister, 11 days after retaining the position in the country’s general election.
The Jamaat-ul-Mujahideen Bangladesh also called as Jamaat-ul-Mujahideen India or Jamaat-ul-Mujahideen Hindustan has been declared as a banned terrorist organization by the government of India.
Cyril Ramaphosa, the head of the African National Congress, was sworn in for a five-year term as South Africa’s president after being elected unopposed by Parliament following the sixth general elections.
In ISSF shooting World Cup, in Munich Germany, India’s Saurabh Chaudhary has won 10m Air Pistol Gold beating his own World Record. Chaudhury has already secured a berth for theTokyo Olympics.
China won the badminton world mixed-team championship, Sudirman Cup 2019 in Nanning, China. They beat Japan in men’s doubles, women’s singles and men’s singles to clinch the title for the 11th time.
Chelsea clinched the UEFA Europa League 2019 Cup. It scored four goals in a devastating second-half display to beat Arsenal 4-1 on 29 May at the Baku Olympic Stadium in Azerbaijan. It gave Italian manager Maurizio Sarri a major trophy in his first season in charge and Chelsea a first European title since the 2013 Europa League.
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