Nabventures launches first-ever venture capital fund for agriculture and rural-focused startups

Nabventures, a subsidiary of NABARD, has recently launched its first-ever Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. The fund will have a high impact as it will provide a boost to investment ecosystem in ..

Hiralal Yadav, Padma Shri awardee Bhojpuri folk singer, passes away

Hiralal Yadav (93), the Padma Shri awardee Bhojpuri folk singer, has passed away in Chowkaghat, Varanasi on May 12, 2019. The veteran musician was from the ‘Birha’ genre, which revolves around the separation of a lover from his beloved. Hence, ..

Supreme Court upholds validity of Karnataka government’s law for reservation in promotion and seniority to SC and ST employees

The Supreme Court has recently upheld the constitutional validity of the Karnataka Extension of Consequential Seniority to Government Servants Promoted on the Basis of Reservation (to the Posts in the Civil Services of the State) Act, 2018. The new Karnataka ..

Y C Deveshwar, noted industry leader and ITC Chairman, passes away

Y C Deveshwar (72), the noted industry leader and ITC Chairman, has passed away in Gurugram on May 11, 2019. He was India’s longest serving CEO and had received the India’s third-highest civilian award ‘Padma Bhushan’ in 2011. Deveshwar took ..

2019 edition of National Technology Day (NTD)

The National Technology Day (NTD) is held every year on May 11 to celebrate India’s achievements in science and technology and to mark the historic feat of test-firing its very first nuclear-capable missile back in 1998 at Pokhran. The day ..

Amul becomes official sponsor of Afghanistan cricket team for 2019 ICC World Cup

India’s Dairy major Amul will be the principal sponsor of the Afghanistan cricket team for the 2019 ICC World Cup, which will be hosted by England and Wales. The logo of brand AMUL, which boasts of an annual sales turnover ..

Indian Navy joins Exercise in South China Sea

Two Indian Navy ships INS Kolkata and INS Shakti carried out a six day long ‘Group Sail’ (starting from 3 May and ending on 9 May) with naval ships of USA, Japan and Philippines in South China Sea (SCS). About ..

Month: Current Affairs - May, 2019

India’s newest pit viper found in Arunachal Pradesh

A team of herpetologists led by Ashok Captain have described a new species of reddish-brown pit viper — a venomous snake with a unique heat-sensing system — from a forest in West Kameng district of Arunachal Pradesh. The discovery makes ..