Current Affairs – May 04 2023
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Current Affairs – May 04 2023
1. National Manufacturing Innovation Survey: Karnataka ranked the most ‘innovative’ State
A survey on the degree of innovation among manufacturing firms found that Karnataka, overall, is the most “innovative” State, followed by Telangana, and Tamil Nadu.
The National Manufacturing Innovation Survey (NMIS) 2021-22, released earlier this month, also found that innovation in manufacturing is the lowest in the Northeastern states (excluding Assam), followed by Bihar.
2. The World’s 10 Highest-Paid Athletes 2023 by Forbes
International soccer stars Cristiano Ronaldo ($136 million), Lionel Messi ($130 million) and Kylian Mbappe ($120 million) are the top three highest-paid athletes.
Ronaldo leads the way with an estimated haul of $136 million, including $46 million from his playing salary and bonuses and $90 million from endorsements, appearances, licensing income and other business endeavors.
Mbappé, who at age 24 comes in at No. 3 with $120 million, and Johnson, who lands at No. 6 with $107 million, make eye-popping debuts in the top ten.
3. Coal Miners Day 2023 observed on May 4th
Every year on May 4th, Coal Miners Day is celebrated to acknowledge and appreciate the hard work and noteworthy contributions of coal miners in the extraction of coal.
Coal is a crucial fossil fuel that is extensively used for a variety of purposes, such as power generation and industrial production, particularly in the manufacturing of steel and cement.
Coal mining is a laborious industry that provides employment to millions of people across the globe. As a carbon-rich primary fossil fuel, coal is instrumental in the production of electricity, steel, and cement.
4. India’s First Undersea Tunnel Nears Completion: Mumbai Coastal Road Project
The Mumbai Coastal Road Project (MCRP) is a Rs 12,721-crore initiative by the Brihanmumbai Municipal Corporation (BMC) to link Marine Drive to the Bandra-Worli Sea Link.
The most significant feature of the project is the construction of India’s first undersea tunnel, which is set to open by November 2023. The 2.07-kilometer twin tunnels run 17-20 meters below sea level, connecting Girgaon to Priyadarshini Park via the Arabian Sea, Girgaon Chowpatty, and Malabar Hill.
The construction of the twin tunnels involved cutting through complex geological strata using a massive Chinese Tunnel Boring Machine (TBM) and a team of 35 men.
The TBM, named Mavala, is the largest ever used in India, weighing over 1,700 tonnes and standing about 12 meters tall. It was manufactured by the China Railway Construction Heavy Industry Company Ltd (CRCHI) and was assembled and launched a year ago.
5. Indian origin Ajay Banga confirmed as the next President of World Bank
Ajay Banga, who is of Indian origin, has been officially selected as the new President of the World Bank. The 25-member executive board of the World Bank elected Ajay Banga, who previously served as the CEO of Mastercard, to hold the position for a period of five years, starting from June 2.
6. Vantika Agrawal becomes 11th Indian women to achieve International Master title in Chess
WGM Vantika Agrawal, a student of SRCC, has played 4 International tournaments in the last 2 months where she has increased her FIDE rating by 61 points, reaching 2428, and becoming the No. 3 Woman player in India.
She has achieved her 3rd and final IM norm in Budapest to become the 11th Indian woman to achieve International Master Tittle in Chess. Now her target is the Asian Games in Hangzhou, China.
