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Daily Current Affairs 5th May 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 5th May 2023. It includes all Major National, International, Business and Sports related current affairs of 5th May 2023. 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 5th May 2023 Current affairs test.


Banking & Finance

1. Fourth Edition of G20 TechSprint Initiated by RBI and BIS

  • The Reserve Bank of India (RBI) and the Bank for International Settlements (BIS) have collaboratively launched the G20 TechSprint’s latest edition.
  • The competition emphasizes on innovative tech solutions to streamline cross-border payments. Teams making the shortlist will get a six-week time frame to refine their solutions and are eligible for a grant of eight lakh rupees.
  • An award of forty lakh rupees will be bestowed upon the victorious team for each outlined challenge.

Summits & Conferences

2. ‘Machines Can See 2023’ Summit Announced by the UAE Government

  • The ‘Machines Can See 2023’ Summit, a notable international AI conference in the region, is being hosted at the Museum of the Future in Dubai by the UAE government.
  • Organizers include the Artificial Intelligence, Digital Economy, Remote Work Applications Office and the ‘Machines Can See’ enterprise.
  • The summit’s objective is to assemble global AI experts to deliberate on AI’s prospective influence and future.

National News

3. Microsoft India Introduces Dual Initiatives for Indian SMBs

  • Microsoft India has unveiled two new endeavors: a website tailored for SMBs and a specialized helpline.
  • The platform titled “Microsoft for Small and Medium Businesses” aspires to unify Indian entrepreneurs and business owners, offering them opportunities for networking, skill enhancement, and comprehensive growth.
  • Concurrently, the Digital Transformation helpline provides specialized guidance for SMBs during their tech assimilation and implementation phases.

Microsoft for Small and Medium Businesses Features

  • This site presents a compilation of tools, resources, and skillsets that cater to varied business needs.
  • It incorporates an SMB Academy, where users can enhance their digital capabilities and boost workforce efficiency by accessing Microsoft’s elite business and tech courses.
  • It also showcases motivational stories of various businesses from India.

Digital Transformation Helpline Details

  • Reachable at 1800-102-1147, this helpline is dedicated to assisting SMBs in their seamless digital transition.
  • It offers expert advice on choosing and leveraging the most suitable tech solutions to resolve business challenges and foster operational enhancement, efficiency, and growth.


4. Olympic Medalist Tori Bowie Passes Away

  • Tori Bowie, the former 100m sprint world champion from the USA, passed away at age 32 in Orlando, Florida.
  • Recognized as the world champion in 2017, she secured three Olympic medals in the 2016 Rio Games, including a gold with the USA relay team.
  • Her early life was in Mississippi, and before emerging as a track star, she was a basketball player.

Significant Days

5. 5 May – Observance of World Portuguese Language Day

  • Celebrated annually on May 5, World Portuguese Language Day is dedicated to emphasizing the significance of the Portuguese language in preserving the culture and identity of Portuguese speakers.
  • With over 265 million speakers globally, making it the predominant language in the Southern Hemisphere, Portuguese ranks as the world’s sixth most spoken language.
  • Originating from older versions, by the 14th century, the modern form of Portuguese emerged. Speakers are commonly termed Lusophones, with a majority residing in Brazil.

6. 5 May – Commemoration of World Hand Hygiene Day

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  • The 5th of May marks the World Hand Hygiene Day, which is aimed at accentuating the pivotal role of hand hygiene in ensuring health and preventing infection spread.
  • The theme for 2023 is “Together, we can accelerate action to prevent infections and antimicrobial resistance in health care and establish a safety and quality culture prioritizing hand hygiene enhancement.”
  • The day’s history is traced back to 2009 when the WHO initiated the first Global Patient Safety Challenge, advocating for healthcare safety globally.

7. 5 May 2023 – Celebration of Buddha Purnima

  • Buddha Purnima, also referred to as Buddha Jayanti, commemorates the birth of Lord Gautam Buddha, the foundational figure of Buddhism.
  • Buddhists globally mark this day with grand celebrations, engaging in charity, processions, and temple visits.
  • Celebrated on a full moon day in the Vaisakh month, this year’s date coincides with a Penumbral Lunar Eclipse. Although exact birth and death dates remain speculative, historians place his life between 563-483 BC.
  • The 2585th anniversary of Gautam Buddha’s birth is celebrated this year. Born in Lumbini, Nepal, Buddha attained enlightenment at 35. Gautam Buddha, the founder of Buddhism.
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