Current Affairs – May 01 2023
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Current Affairs – May 01 2023
1. India overtakes Saudi as Europe’s top refinery supplier: Kpler
Kpler data has revealed that India has become the largest supplier of refined fuels to Europe, surpassing Saudi Arabia. This comes as a result of Europe’s reduced access to Russian oil and their growing dependence on Indian crude oil products.
Europe is set to increase its refined fuel imports from India to over 360,000 barrels a day, however this ultimately yields more demand for Moscow’s crude, which carries freight costs.
Russia’s crude oil imports into India are expected to exceed 2 million barrels a day in April, making up nearly 44% of India’s overall oil imports.
2. Anji Khad bridge, first cable stayed rail bridge in India
India’s Union Railway Minister, Ashwini Vaishnaw, has shared a timelapse video showcasing the construction of the Anji Khad Bridge, the country’s first cable-stayed rail bridge.
With a total of 96 cables spanning a length of 653km, the bridge is part of the challenging Udampur-Srinagar-Baramulla-Rail Link (USBRL) Project in the Reasi district of Jammu and Kashmir.
3. Ding Liren becomes China’s first world chess champion
Ding Liren has become 17th world chess champion – the first from China – defeating Russia’s Ian Nepomniachtchi in a tie-breaker. Ding defeated Nepo in the last of the four Rapid tiebreaks.
Ding takes over as winner of the World Chess Championship from Norway’s Magnus Carlsen, who chose not to defend his title after a 10-year reign. He and Nepomniachtchi had finished on seven points each after the 14 first-stage games played in the Kazakh capital, Astana.
4. A book called ‘Collective Spirit, Concrete Action’ written by Shashi Shekhar Vempati
At the 100th episode of ‘Mann Ki Baat’, a book called ‘Collective Spirit, Concrete Action’ written by Shashi Shekhar Vempati, former CEO of Prasar Bharati (2017-2022) was launched.
The book was released during a day-long National Conclave on Mann Ki Baat @100, held in the national capital on April 26. According to the author, ‘Mann Ki Baat’ is a combination of the power of radio and the vision of a nation’s leader. Over the course of 15 chapters, the book special also offers insights and perspectives from grassroots change-makers and iconic personalities.
5. Satwiksairaj and Chirag Shetty end India’s 52-year wait for men’s doubles medal in Badminton Asia Championships
Satwiksairaj Rankireddy and Chirag Shetty made history on April 30, becoming the first Indian men’s doubles pair to win a gold medal at the Badminton Asia Championships. The Indian pair defeated the Malaysian duo of Ong Yew Sin and Teo Ee Yi in a thrilling three-game match that lasted for over an hour.
6. Tamil Nadu tops market borrowing for third consecutive year, RBI Data Revealed
For the third year in a row, Tamil Nadu has emerged as the State with the highest market borrowings according to data from the Reserve Bank of India (RBI).
During the April-February period of FY23, Tamil Nadu’s gross market borrowings through State Development Loans (SDLs) stood at ₹68,000 crore.
The State’s Finance Minister Palanivel Thiaga Rajan announced in his budget speech last month that Tamil Nadu planned to borrow ₹1,43,197.93 crore during 2023-24 and make repayments of ₹51,331,79 crore, resulting in net borrowings of ₹91,866.14 crore.
7. Sergio Pérez wins Azerbaijan Grand Prix 2023
Red Bull’s Sergio Perez won the Azerbaijan Grand Prix, the fourth round of the 2023 Formula 1 World Championship, in Baku. Sergio Pérez took advantage of a fortunately timed safety car to beat his teammate Max Verstappen to the victory in the Azerbaijan Grand Prix.
Verstappen started second behind Ferrari’s Charles Leclerc but swept past him on the long start-finish straight at the end of lap 3, the first lap on which drivers were allowed to use the DRS overtake assist system on the rear wing.
Fernando Alonso finished in fourth place, showing strong pace for Aston Martin after issues in qualifying.
8. Indian Army Inducts First Women Officers into Regiment of Artillery
In a historic first, the Indian Army has inducted five women officers into its Regiment of Artillery. Lt Mehak Saini, Lt Sakshi Dubey, Lt Aditi Yadav, Lt Pious Mudgil, and Lt Akanksha have joined the Army’s premier artillery units after successfully completing their training at the Officers Training Academy (OTA) in Chennai.
Military sources have reported that three of the five women officers have been posted to frontline formations along the Line of Actual Control (LAC) with China, while the other two have been posted to “challenging locations” near the frontier with Pakistan.
9. Labour Day 2023 is observed on May 01
Labour Day 2023: May 1st is a globally recognized holiday that acknowledges the accomplishments of the labour movement. It is commonly referred to as International Worker’s Day or May Day, and is commemorated with a public holiday across more than 80 countries.
The celebration, known as Labour Day in several nations, honors the contributions of working individuals to society, emphasizing the importance of work and the strides made by the labour movement.
Labour Day 2023: Origin
Labour Day originated from a prolonged fight for better working conditions and workers’ rights and is a call to action for social and economic fairness. Workers stand in solidarity, reflect on their progress, and reaffirm their dedication to constructing an equitable and fair world on this day.
