14 May 2023 : Latest Current Affairs 14th May
Important Current Affairs 14th May 2023
In this article, we will discuss all the Current Affairs of 14th May including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 14th May 2023 current affairs then read this article till the end.
Current Affairs of 14th May – National News
1. The fifth annual Global Ayurveda Festival will highlight health issues.
◉ The fifth Global Ayurveda Festival (Gaf 2023) will take place in Thiruvananthapuram, Kerala, from ◉ December 1 to December 5. ‘Emerging Challenges in Healthcare & A Resurgent Ayurveda’ is the event’s topic.
◉ To demonstrate Ayurveda’s potential for resolving health issues, the event will bring together practitioners and stakeholders from all around the world.
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Banking
2. RBI and GFIN work together to stop “greenwashing”
◉ In order to take part in the Greenwashing TechSprint, the Reserve Bank of India (RBI) has teamed up with the Global Financial Innovation Network (GFIN).
◉ Concerns about overstated, false, or unsupported claims for environmental, social, and governance (ESG) credentials will be addressed at the event.
◉ 13 international regulators, businesses, and innovators will collaborate during the TechSprint to create a tool that could aid in the more effective management of the risks associated with greenwashing in the financial services industry by regulators and the market.
3. RBI Starts a Campaign to Resolve Unclaimed Deposits in 100 Days
◉ In order to locate and resolve unclaimed deposits in each district of the nation, the Reserve Bank of India (RBI) has announced the beginning of a unique 100-day campaign.
◉ Banks will track down and pay their top 100 unclaimed deposits in each region as part of the program, which will start on June 1, 2023.
◉ The action aims to lessen the number of unclaimed deposits in the banking system and give those deposits back to their proper owners.
4. Exim Bank, an export lender, intends to raise a record $4 billion in FY24 for term loans and trade financing.
◉ The Export-Import Bank of India, also known as Exim Bank, intends to raise a record $4 billion in the fiscal year 2023–2024 (FY24) for the purpose of providing term loans and trade finance.
◉ The amount will be determined by market conditions, and Exim, which raised $3.47 billion in FY23, would consider several currencies as well as its large investor base.
◉ The monies will be used to help the bank’s expansion goals, according to Harsha Bangari, managing director of the export credit agency.
Appointment
5. New Twitter CEO Linda Yaccarino is a former NBCUniversal advertising executive.
◉ Elon Musk said that Linda Yaccarino, a former NBCUniversal advertising executive, will become the new CEO of Twitter. Musk, who oversees Tesla and Space X, announced his intention to become executive chairman and chief technology officer the day before.
◉ The announcement follows Musk’s December promise to leave his position as Twitter’s CEO as soon as he found someone “foolish enough to take the job.” According to the NBCUniversal website, ◉ Yaccarino commanded a staff of around 2,000 international employees when he left his position as head of ad sales earlier on Friday.
Awards
6. The Sagar Shreshtha Sammaan Award 2023 has been won by Cochin Port.
◉ The Cochin Port Authority (CPA) received the Sagar Shreshtha Sammaan award from the Ministry of Ports, Shipping, and Waterways for having the best turnaround time in the non-container category in 2022–2023.
◉ In New Delhi, Sarbananda Sonowal, Minister for Ports and Shipping, gave the award to CPA Chairperson M. Beena. The honor is given in appreciation of “the Cochin Port’s excellent performance in handling dry bulk and liquid bulk cargo vessels.”
Science
7. IBM and NASA Work Together to Create High-Resolution Maps from Satellite Data With AI
◉ A new geospatial foundation model has been unveiled by the National Aeronautics and Space Administration (NASA) and International Business Machines Corporation (IBM) that can turn satellite data into in-depth maps of floods, fires, and other terrain changes.
◉ These maps can reveal details about Earth’s past and reveal hints about its future. In the second half of this year, the collaborative effort hopes to make this geographic solution previewable.
◉ Potential uses for the platform include calculating climate-related hazards to buildings, infrastructure, and agriculture, evaluating trees for carbon-offset projects, and helping companies come up with plans to combat and adapt to climate change by using predictive models.
Sports
8. AIFF Grassroots Day will be held on PK Banerjee’s birthday in honor of the legendary Indian footballer.
◉ Pradip Kumar Banerjee, an Indian football icon, was born on June 23, and the All India Football Federation (AIFF) has stated that June 23rd would be observed as “AIFF Grassroots Day.”
◉ This choice was made in recognition of PK’s outstanding achievements in Indian football, particularly his crucial role in helping the country win a historic Gold Medal at the Asian Games in 1962.
◉ Dr. Shaji Prabhakaran, the secretary general of the AIFF, indicated that the date was chosen with respect to PK’s excellent football career.
9. Yashasvi Jaiswal of the Rajasthan Royals reaches the fastest IPL 50 in 13 balls.
◉ In the IPL 2023, Rajasthan Royals player Yashasvi Jaiswal has been excelling beyond expectations. He broke a record by reaching the IPL’s quickest 50 in just 13 balls during a match at Eden Gardens against the Kolkata Knight Riders.
◉ KL Rahul and Pat Cummins previously held the record, reaching 50 in 14 balls while representing Kings XI Punjab and Kolkata Knight Riders, respectively.
Important day
10. World Migratory Bird Day is observed on May 13 in 2023.
◉ The second Saturday in May and October each year is observed as World Migratory Bird Day. It brings together bird enthusiasts to advance migratory bird conservation and spread awareness of their importance.
◉ The emphasis in 2023 will be on the water and how crucial it is to these birds. The observance of ◉ World Migratory Bird Day takes place today, May 13. The official dates for World Migratory Bird Day in 2023 are May 13 and October 14. The subject of water and its significance for migrating birds will be the focus of World Migrating Bird Day in 2023.
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