Current Affairs- Today’s Headlines: May 7, 2023

Here are Today’s News Headlines by GK Today for May 7, 2023

INDIA

  • Border Haat between India and Bangladesh has been inaugurated at Bholaganj in Sylhet.
  • INS Magar has been decommissioned after 36 years of service, from Kochi.
  • Commission for Scientific and Technical Terminology (CSTT) is working on technical and scientific terminology in 10 Indian languages.
  • Manipur to set up peace committees in all Assembly constituencies.
  • Wastewater study detects a large, silent wave in Bengaluru.

ECONOMY & CORPORATE

  • Moody’s predicts India’s economy to recover with 5.5% GDP growth in 2023.
  • GSTN defers by 3 months implementation for businesses with turnover of over Rs 100 crore to upload their old e-invoices.
  • India’s imports from OPEC hits all-time low at 46% as Russia oil buy peaks

WORLD

  • Japan’s PM Fumio Kishida arrives in Seoul to meet South Korean President Yoon Suk Yeol.
  • Floods and wildfires in western Canada displace thousands of people.
  • IMF: Bangladesh growth and foreign currency reserves facing inflationary pressures, elevated volatility and slowdown in trading partners.
  • Britain’s King Charles III formally ascended the throne at the age of 74, as titular head of the U.K. and 14 former commonwealth countries.

SPORTS

  • Indian Archery men and women teams win 12 medals including 5 Gold at Asia Cup-World Ranking Tournament, Stage II in Tashkent.
  • Avinash Sable, Parul Chaudhary break 5000m national records in the Sound Running Track Festival.
  • IBA Boxing World Championships: Hussamuddin reaches quarters, Deepak beats Olympic medallist Saken.

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