25th May, 2021 – Daily News

Topics covered – global COVAX alliance, “Swasthya Aahar Yojana”, world record of scaling Mount Everest, Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund, Second Schedule of the RBI Act, joint venture company in Finland, Indiabulls Housing Finance Ltd, Premier League 2020-21, Kazakhstani tennis player.

Bulletins

  1. Punjab is set to become the first Indian state to join the global COVAX alliance for sourcing the immunisation shots at the best price.
  2. Madhya Pradesh has launched “Swasthya Aahar Yojana” for providing healthy food to the covid-19 patients in Bhopal.
  3. Mingma Tenji Sherpa (Nepali mountain guide) has created a world record by scaling Mount Everest twice in the just 4 days.
  4. Minister of Finance Nirmala Sitharaman has announced that Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund will benefit 1.16 lakh home loan borrowers whose housing projects were stalled due to last mile funding issues.
  5. RBI has excluded Lakshmi Vilas Bank (LVB) from the Second Schedule of the RBI Act after it was merged with DBS Bank India Ltd (DBIL) last year.
  6. Epsilon Advance Material (EAMPL), a subsidiary of Epsilon Carbon, has signed an MoU with Beowulf Mining plc to set up a joint venture company in Finland.
  7. Nextbillion Technology Pvt. Ltd, which operates wealth management platform Groww, has entered into a definitive agreement with Indiabulls Housing Finance Ltd (IBHFL) to acquire the mutual fund business of its subsidiaries Indiabulls Asset Management Company Ltd (IAMCL) and Indiabulls Trustee Company Ltd.
  8. Manchester City (English) has won Premier League 2020-21 (football).
  9. Roman Khassanov (Kazakhstani tennis player) has been banned for 10 years by International Tennis Integrity Agency.
  10. Homen Borgohain (Assamese litterateur) has passed away.
  11. Indu Jain (chairperson of the Bennett, Coleman & Co. Ltd) has passed away.

Table of Content

State News

  1. Punjab is set to become the first Indian state to join the global COVAX alliance for sourcing the immunisation shots at the best price.
      • COVID-19 Vaccines Global Access (COVAX) is a worldwide initiative aimed at providing equitable access to anti-Covid vaccines.
      • COVAX is co-led by the Coalition for Epidemic Preparedness Innovations (CEPI), Gavi, the World Health Organization (WHO), and UNICEF.
      • COVAX aims at accelerating the development and manufacture of COVID-19 vaccines and to guarantee fair and equitable access for every country in the world.
  2. Madhya Pradesh has launched “Swasthya Aahar Yojana” for providing healthy food to the covid-19 patients in Bhopal.
      • The scheme will be spread in other cities after its success in Bhopal.
  3. Cyclone Tauktae has hit Goa.

International News

  1. Mingma Tenji Sherpa (Nepali mountain guide) has created a world record by scaling Mount Everest twice in the just 4 days.
Mingma Tenji Sherpa

Banking & Economy

  1. Minister of Finance Nirmala Sitharaman has announced that Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund will benefit 1.16 lakh home loan borrowers whose housing projects were stalled due to last mile funding issues.
      • In 2019, the govt launched SWAMIH fund of Rs 25,000 crore to help complete over 1,500 stalled housing projects comprising 4.58 lakh housing units.
  2. RBI has excluded Lakshmi Vilas Bank (LVB) from the Second Schedule of the RBI Act after it was merged with DBS Bank India Ltd (DBIL) last year.
  3. Epsilon Advance Material (EAMPL), a subsidiary of Epsilon Carbon, has signed an MoU with Beowulf Mining plc to set up a joint venture company in Finland.
      • Purpose– to capture the market of lithium-ion battery in Europe.
  4. Nextbillion Technology Pvt. Ltd, which operates wealth management platform Groww, has entered into a definitive agreement with Indiabulls Housing Finance Ltd (IBHFL) to acquire the mutual fund business of its subsidiaries Indiabulls Asset Management Company Ltd (IAMCL) and Indiabulls Trustee Company Ltd.

Important Days

  1. International Day of Families is observed on May 15 by UN.
      • Theme – Families and New Technologies
      • 2024 is the UN International Year of the Family.

Sports

  1. Manchester City (English) has won Premier League 2020-21 (football).
Manchester City Won Premiere League
  1. Roman Khassanov (Kazakhstani tennis player) has been banned for 10 years by International Tennis Integrity Agency.

Miscellaneous

  1. Homen Borgohain (Assamese litterateur) has passed away.
  2. Indu Jain (chairperson of the Bennett, Coleman & Co. Ltd) has passed away.
      • BCCL publishes English dailies The Times of India and The Economic Times.

Start Quiz of 25th May 2021

Q.1) Which is the first Indian state to join the global COVAX alliance for sourcing the immunisation shots at the best price?
Q.2) Which state has launched “Swasthya Aahar Yojana” for providing healthy food to the covid-19 patients?
Q.3) Who has created a world record by scaling Mount Everest twice in the just 4 days?
Q.4) When was the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund scheme launched?
Q.5) Which of the following company has acquired Indiabulls Asset Management Company Ltd and Indiabulls Trustee Company Ltd?
Q.6) Which football club has won the Premier League 2020-21 (football)?
Q.7) With which field Roman Khassanov related to?
Q.8) What is the corpus of SWAMIH Fund?
Q.9) What is the theme of International Day of Families 2021?
Q.10) Which year is International Year of the Family?
CEO of Anujjindal.in


About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.

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