Daily Current Affairs Today 7 May 2017

Important Current Affairs 2017 for Bank Exams SBI & IBPS,SSC, Railway, IAS, UPSC, Insurance and other Competitive Exams
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Important Current Affairs Today 7 May 2017: You daily guide for General Knowledge Preparation

Dear Readers,
This article, Current Affairs Today 7 May 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Current Affairs Today 7 May 2017, we would recommend to you to try 7 May 2017 Current affairs test.

National News
1.Sudarsan Pattnaik to create the world’s longest sand Buddha.
• Sand artist Sudarsan Pattnaik is all set to create the world’s longest sand Buddha in Sri Lanka.
• He will participate in the 14th International Vesak Day Celebrations organised by the Government of Sri Lanka.
• He is expected to create a 50-foot- long sand Buddha.
• Capital of Sri Lanka – Sri Jayawardenepura Kotte.

2.10 new Ministers take oath in Odisha cabinet.
• Naveen Patnaik carried out a major reshuffle of his Ministry.
• 6 leaders were sworn in as Cabinet Ministers while 4 took oath as Ministers of State.
• Chief minister of Odisha – Naveen Patnaik
• Capital of Odisha – Bhubaneswar

3. Baahubali 2 becomes first Indian movie to earn Rs. 1,000 crore
• ‘Baahubali 2: The Conclusion’ has become the first ever Indian movie to achieve Rs. 1,000 crore earnings milestone.
• Baahubali collected 125 crore at the box office on Day One. It has proved to be the highest first day grosser in the history of domestic box office.
• Director of Baahubali 2 – S. S. Rajamouli

4. UP CM flags of 27 air conditioned buses.
• Chief Minister Yogi Adityanath flagged off 27 air conditioned buses.
• 12 of these buses are equipped with latest technology.
• Apart from these, 15 general category AC buses were also flagged off.

International News
1. Emmanuel Macron France’s next president.
• As no candidate won a majority in the first round a runoff was held between the top two candidates, Emmanuel Macron and Marine Le Pen
• Macron is France’s youngest ever president
• A former civil servant and investment banker
• Macron belongs to En Marche party
• Former President of France – François Hollande

2. Russia blocks social media app WeChat
• Russia has blocked access to Chinese social media app WeChatfor failing to give its contact details to the Russian communications watchdog.
• Last year Russia blocked U.S. social networking site LinkedInfor violating a law that requires data on Russian citizens to be stored on Russian servers.
• Developer of Wechat – Tencent

3. India ranks 3rd globally in startup incubators, accelerators.
• According to NASSCOM’s report India now has the third highest number of startup incubators and accelerators in the world after China and the US.
• With 140 incubators and accelerators, India has inched past Israel
• The number of incubators and accelerators in India grew a sharp 40% in 2016.
• Bangalore, Mumbai and Delhi-NCR continue to be the hubs, with more than 40% of all incubators and accelerators concentrated in these areas.

Business News
1. Warren Buffett: I was wrong on Google and ‘too dumb’ to appreciate Amazon.
• Warren Buffett admits he should’ve invested in Google or Amazon instead of IBM at Berkshire Hathaway’s annual meeting.
• Buffett admitted to shareholders that he made a mistake by not buying Google shares years ago.
• Buffett also said “India has ‘incredible’ potential”. He also said “If you tell me a wonderful company in India that might be available for sale, I’ll be there tomorrow,”
• Warren Buffett is known as the Oracle of Omaha

Sports News
1. Indian Cricket Team will play Champions Trophy.
• BCCI has finally decided the Indian Squad for Champion Trophy after BCCI’s special general meeting.
• The BCCI and ICC have been at odds after ICC reduced India’s revenue share from $570 million to $293 million.
• Headquarters of ICC – Dubai, United Arab Emirates

2. Mumbai beat Delhi by biggest margin in IPL history
• Mumbai Indians defeated Delhi Daredevils by 146 runs, the biggest margin of victory in terms of runs in the IPL history
• Delhi was dismissed at 66 – Third lowest score in the IPL.

3. Lasith Malinga becomes first bowler to take 150 wickets in IPL
• He reached this landmark during the match against Delhi Daredevils.
• Malinga has played for Mumbai Indian’s since the inception of IPL in 2008.

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