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Daily G.K. - Top Stories

26 May 2019

INTERNATIONAL AFFAIRS

Trump Decides to Sell Arms to Saudi Arabia and UAE

  •  U.S. President Donald Trump's administration bypassed the Congress to sell $8.1 billion in arms to Saudi Arabia and other Arab allies, citing a threat from Iran, infuriating lawmakers who fear the weapons could kill civilians in Yemen.
  • According to Secretary of State Mike Pompeo, the administration would circumvent the required review by Congress to approve 22 arms transfers to Saudi Arabia, the United Arab Emirates and Jordan, saying that the freeze on sales by Congress could affect the Arab allies' operational abilities.
  • As per Mr. Pompeo, the weapons, which include munitions and aircraft support maintenance, are meant to deter Iranian aggression and build partner self-defence capacity.
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BUSINESS AND ECONOMY

Seshasayee Paper Goes for Stock Split

  •  The board of directors of Seshasayee Paper and Boards Ltd. recommend a stock split of its equity shares of face value of Rs. 10 each into five equity shares of face value of Rs. 2 each, subject to the approval of shareholders at the annual general meeting to be held in July.
  • For the fourth quarter ended March 2019, the firm reported a 41.62% increase in its standalone net profit to Rs. 62.26 crore from the Rs. 43.96 crore registered during the corresponding quarter 2018. 

Vistara to Diversify Fleet

  •  Vistara, the joint venture airline of Tata Sons and Singapore Airlines, decided to add multi-type aircraft to its fleet, which may lead to higher cost of operations.
  • The full-service airline, which already has a fleet of 22 Airbus A320 family aircraft, decided to take on lease an additional six aircraft, four Boeing 737-800 NG aircraft and two Airbus A320neos.
  • These four Boeing aircraft were once part of the Jet Airways fleet. After de-registration, these will be delivered to Vistara by the end of May.
  • This is for the first time that Vistara is diversifying its fleet, an indication that it could be capitalising on Jet Airways' grounding. 
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SPORTS

Messi Ends on Top in Europe

  •   Lionel Messi has become the first player to win Europe's Golden Shoe award for three straight years after his nearest challenger Kylian Mbappe failed to score the four goals he needed in Paris St Germain's final league match of the season.
  •  Messi earned the honour, which goes to the leading scorer in league matches in Europe's top divisions, for a record extending sixth time after finding the net 36 times for Barcelona while Mbappe ended the campaign on 33 after scoring PSG's only goal in a 3-1 loss.
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NATIONAL AFFAIRS

Dhinakaran, Kamal Haasan Fail to Open Account

  •  With Dravida Munnetra Kazhagam winning 23 out 38 Lok Sabha seats in Tamil Nadu, the All India Anna Dravida Munnetra Kazhagam, which was in alliance with the Bharatiya Janata Party, was not the only one routed.
  • New entrants Makkal Needhi Maiam of actor Kamal Haasan and TTV Dhinakaran's Amma Makkal Munnetra Kazhagam, failed to open account.

NHRC Issues Notice to Gujarat Government

  •  The National Human Rights Commission sent a notice to the Gujarat government over the fire at a commercial complex in Surat in which 22 students in Sarthana area of the city died.
  • The NHRC also observed that mere announcement of compensation to the aggrieved families cannot be a solution to such kind of hazards.
  • The NHRC took suo motu cognisance of the incident. Considering the incident as a grave violation of human rights of the students, the Commission issued a notice to the chief secretary, government of Gujarat calling for a detailed report in the matter, including status of the criminal cases registered against the building owner and others found guilty, along with action taken against the public servants concerned.
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PERSONS IN NEWS

Thailand's ex-PM Tinsulanonda Passes Away

  •  Former Prime Minister and close adviser to Thailand's revered royals Prem Tinsulanonda died aged 98. Mr. Tinsulanonda was a top aide to the late King Bhumibol Adulyadej and helped cement the unshakeable bond between the monarchy and the military.
  • Prem Tinsulanonda was a Thai military officer and politician who served as Prime Minister of Thailand from 3 March 1980 to 4 August 1988, during which time he was credited with ending a communist insurgency and presiding over accelerating economic growth.
  • He  was also the statesman of Thailand. As president of the Privy Council, he served as Regent of Thailand from the death of King Bhumibol Adulyadejon 13 October 2016, until the 1 December 2016 proclamation of Vajiralongkorn as King.
  • At the age of 98, Prem was the longest-living Thai Prime Minister.

Naresh Goyal Stopped from Travelling Abroad

  •  Jet Airways founder Naresh Goyal and his wife Anita were stopped from leaving the country due to a lookout circular issued by the Union Home Ministry.
  • Goyal was offloaded from a Dubai-bound Emirates flight after the aircraft was called back to the terminal.
  • Airport officials said that immigration officials called the flight back and offloaded the couple along with their checked-in luggage.
  • Goyal and his wife had resigned from the board of Jet Airways in March 2019 and the airline had announced temporary suspension of its operations in April.

Jagan Elected YSRCLP Leader

  •  After his spectacular victory, YSR Congress Party president Y.S. Jagan Mohan Reddy was unanimously elected leader of the YSR Congress Legislature Party (YSRCLP).
  • At the first YSRCLP meeting held at Tadepalli, a one-line resolution was adopted to elect him the leader.
  • Later, YSRCP legislators Botcha Satyanarayana and others called on Governor E.S.L. Narasimhan in Hyderabad and informed him of the election of Mr. Jagan Mohan Reddy.
  • According to a release, the swearing-in will be held on May 30 at IGMC Stadium in Vijayawada.
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GENDER/ HEALTH/ EDUCATION

Women's Strength in Lok Sabha

  •  At 78 elected women MPs, the 17th Lok Sabha would have the highest number of women representatives ever.
  • They would account for 14.4% of the entire strength of the Lower House, an increase from the 12.5% (65) women MPs in the last Lok Sabha.
  • This is for the first time in independent India that such a large number of women MPs are sitting in Parliament.
  • With 40 women MPs, the BJP has the largest number of elected women representatives among the parties because of the sheer size of its victory.
  • It is followed by Trinamool Congress (9), Congress (6), BJD (5) and the YSRCP (4), as per data compiled by the Association for Democratic Reforms. 
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TOURISM AND HOTEL INDUSTRY AWARENESS

Sarovar Hotels to Tap Pilgrim Spots' Market

  •  Sarovar Hotels Pvt. Ltd. (SHPL) is planning to expand its footprint in India's pilgrim spots. It is also keen on stepping up its presence in Africa where it is running two hotels now.
  • Operating on an asset-light model, Sarovar Hotels has a portfolio of 75 hotels in 50 destinations. The 6,000 keys that it manages, are spread across its three brands — Sarovar Premiere, Sarovar Portico and Hometel.
  • The company said that its strategic expansion plan for the next three years is to add over 2,000 keys, focusing on tier I and II cities in locations like Dalhousie (Himachal Pradesh), Jagdalpur (Chhattisgarh), Dahisar (Mumbai), Rajahmundry (Andhra Pradesh), Pathankot (Punjab) and in pilgrim spots of Katra in Jammu and Kashmir, Ajmer (Rajasthan) and Bodh Gaya (Bihar).
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