Daily Current Affairs 29 May 2018: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 29 May 2018. It includes all Major National, International, Business and Sports related current affairs of 29 May 2018. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 29 May 2018 Current affairs test.

National News

1. CBSE announces Class 10 results

  • 4 students scored 499/500 which is the top mark.
  • 86.70% of the students passed out of 16 lakh students who appeared for the exam.

2. NIC launches data center in Bhubaneswar

  • IT Min Ravi Shankar Prasad inaugurated NIC’s 1st data center in eastern India .
  • The NIC provides technology support for all for govt services and hosts 10,000 websites.

3. ‘Clean Air India’ initiative launched

  • The campaign aims to curb air pollution in Indian cities.
  • It is a project between Get in the Ring, Govt of the Netherlands, Start-up India and INDUS Forum.

International News

1. Protests in front of EU Council

  • 4,500 pairs of shoes symbolising the number of Palestinians killed by the Israeli forces were laid outside EU Council building in Brussels.
  • The protest was organized by Avaaz NGO.

2. China testing AI that can grade students

  • The AI based system can grade students work and even offer suggestions where appropriate.
  • It can read English and Chinese and interpret general logic and meaning of essays.

3. Colombia to be NATO’s partner

  • Columbian President formally announced joining North Atlantic Treaty Organisation.
  • It will become the 1st Latin American nation to be a part of the alliance.

Business News

1. RCom offers Rs.500cr to Ericsson

  • RCom is making this move to settle a dispute related to unpaid dues of Rs.1,150 cr.
  • Ericsson had files insolvency against RCom and 2 of its subsidiaries.

2. Mahindra & Mahindra profit jumps in Q4

  • They reported a 70.3% YOY rise in its net profit.
  • The company’s revenue rose 10.47% to Rs.13,307.88 cr.

3. Oro Wealth raises Rs.10 cr

  • The wealth management startup has raised the funding led by Powerhouse Ventures.
  • Oro Wealth offers retail investors access to sophisticated investment advice and techniques.

Sports News

1. Sangeeta Bahl scales Mt.Everest

  • 53-yr old Sangeeta Bahl is the oldest Indian women to scale Mt.Everest.
  • She conquered 6 of the 7 highest peaks in the world.

2. Warner and Bancroft sign for NT competition

  • Banned players David Warner and Cameron Bancroft have signed for a limited-overs tournament.
  • Warner will play 2 one-day matches while Bancroft will play the entire tournament.

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