English Current Affairs May 2024 for Compititive Exams

Current affairs play a vital role in cracking the examination in every competition exam. To master the competitive exams for the dream job, one can benefit from reading current affairs. Current events, prominent individuals, monthly festivities and ceremonies, and awards all influence what is considered current every month. Let’s explore the current affairs of May 2024 in English. 

• UAE has announced the ‘Blue Residency Visa’ for individuals who have contributed exceptionally to the protection and sustainability of the environment.
•  Japan launched the first 6G device in the world.
• Kapil Sibal was recently appointed the Supreme Court Bar Association president.
• To alleviate the long-standing currency crisis in the nation, Zimbabwe has introduced a new currency known as the ZiG, short for Zimbabwe Gold.
• Citing deceptive claims regarding their effectiveness, the Uttarakhand government revoked the manufacturing licences for 14 goods manufactured by Baba Ramdev's Patanjali Ayurved.
• In a calculated move, Cred entered the offline payments market with the release of an inventive UPI-based "Scan and Pay" solution, taking on market leaders like PhonePe, Google Pay, and Paytm.
• With effect from May 1, India has modified its windfall tax on petroleum oil, lowering it from 9,600 Indian rupees ($100.66) per metric tonne to 8,400 rupees.
• On April 29, 2024, Justice (retired) Dinesh Kumar assumed the role of Presiding Officer of the Securities Appellate Tribunal (SAT).
• Tarkash is the name of the seventh edition of the annual Indo-US joint counter-terrorism exercise recently held in Kolkata.
• Following a similar arrangement with the US, India's Bharat 6G Alliance is scheduled to sign a cooperation deal with Europe's Industry Alliance 6G. The goal of this agreement is to promote cooperation in the development of 6G technologies.
• In the 2023–24 season, Paris Saint-Germain achieved their historic 12th Ligue-1 title in a magnificent show of dominance.
• The Indian ed-tech business Emeritus has accomplished a remarkable feat by reaching the top spot in TIME Magazine's "World's Top EdTech Companies of 2024" rating. 
• Hitesh Kumar Sethia has been appointed as the Managing Director and Chief Executive Officer of Jio Financial Services. The appointment will take effect on November 15, 2023, and will last for three years, according to the Ministry of Corporate Affairs (MCA).
• The Sela tunnel of Arunachal Pradesh is officially recognised as the highest tunnel in India by the International Book of Honour.
• The most polluted city in the world, according to IQAir, an organisation that tracks pollution in 101 locations throughout the globe in real-time, is Kathmandu.
• China is about to begin a major space exploration by launching the Chang'e-6 lunar mission on a round-trip to the Moon. 
• In Pune, the Punit Balan Group and the Indian Army collaborated to open the country's first Constitution Park.
• The South Pacific island nation of the Solomon Islands is expected to keep close connections with China, as evidenced by the recent election of former foreign minister Jeremiah Manele as prime minister.
• The Bank of Namibia and NPCI International Payments Limited have partnered to launch a real-time payment system in Namibia that is comparable to India's UPI.
• Sunil Chhetri, a famous Indian football player, has recently announced his retirement from the game.
• For its 750 MW solar projects in Rajasthan and Gujarat, Adani Green Energy Ltd. (AGEL) has successfully obtained USD 400 million in funding from a group of five prestigious international banks.
• With the establishment of his first fund, Eternal Capital, with a sizeable corpus of Rs 240 crore and a greenshoe option, former BharatPe COO Dhruv Dhanraj Bahl enters the vibrant world of venture capital in India.
• Pratima Singh, an Indian Revenue Service officer, has been appointed as the Director of the Department of Promotion of Industry and Internal Trade, according to a statement released by the Department of Personnel & Training.
• During the much-awaited T20 World Cup, the cricket teams from South Africa and the United States will have Amul as their Lead Arm sponsor. 
• The famous Javelin thrower Neeraj Chopra won the gold medal in the Federation Cup held in May 2024.
• The National Centre of Excellence in Guwahati, India, will play host to the coveted 2025 BWF World Junior Championships, according to an announcement made by the Badminton World Federation.
• With a new campus covering almost a million square feet, American Express is preparing to open in Gurugram, demonstrating the company's dedication to creating a dynamic work environment.
• The Centre has named retired Justice Sanjaya Kumar Mishra as the President of the Goods and Services Tax Appellate Tribunal.
• The Ministry of Textiles has named Indian Railway Traffic Service official Shashi Bhushan Singh as the Secretary of the National Jute Board, which is based in Kolkata.
• The Whitley Gold Award has been given to Assamese physician Dr. Purnima Devi Barman in recognition of her efforts to save the Greater Adjutant Stork, an endangered species.
• Salman Rushdie wrote the book Knife: Meditations After an Attempted Murder which has been recently launched.
• As a show of support and appreciation, Palestinian journalists covering the Gaza situation have been designated UNESCO/Guillermo Cano World Press Freedom Prize laureates for 2024.
• To streamline and expedite life insurance transactions made through its online platform, HDFC Life introduces the "No Jhanjhat Life Insurance Fatafat" campaign.
• With ANQ, YES Bank has launched two cutting-edge credit cards called Pi and Phi, which attempt to combine technology and traditional banking. Whereas the Phi card enables physical access for both domestic and foreign purchases, the Pi card offers digital credit exclusively through UPI for domestic transactions.
• The Reserve Bank of India has granted Fi, a new banking startup, a non-banking finance company (NBFC) licence, allowing it to offer loans from its books.
• NASA space agency has announced to set up the first railway system ‘FLOAT’ on the moon.
• The Reserve Bank of India has confirmed Atanu Chakraborty's reappointment as part-time Chairman of HDFC Bank for three years, commencing on May 5, 2024, and ending on May 4, 2027.
• India ranks 159th out of 180 nations in the most recent edition of Reporters Without Borders' annual World Press Freedom Index, which puts the country in an unsettling situation.
• For the fiscal year 2024–2025, the Organisation for Economic Co-operation and Development has increased India's GDP growth forecast to 6.6%.
• The Rajasthan High Court has issued an order intended to stop child marriage in the state in response to a lawsuit brought by the public interest. The court has underscored the role of panchayat members and sarpanchs in averting these unions with the Akshay Tritiya.
• IIM Ahmedabad is ranked first in the country as per the Centre For World University Ranking.
• UNICEF India has named Bollywood star Kareena Kapoor Khan as its national ambassador.
• The first-ever domestic bomber unmanned aircraft in India, the FWD-200B, was unveiled by Bengaluru-based defence and aerospace technology company Flying Wedge Defence.
• With a thrilling victory over Uzbekistan in the AFC U-23 Asian Cup final at the Jassim bin Hamad Stadium in Doha, Qatar, the Japanese men's under-23 football team made history.
• Victoria Shi, an AI-generated spokesperson created by Ukraine, will present official statements from the country's foreign ministry. 
• Sanjeev Nautiyal has been named the MD & CEO of Ujjivan Small Finance Bank and his position will take effect on July 1, 2024, for three years up to 2027. 
• Citing robust government spending, strengthened balance sheets in the corporate and financial sectors, and a burgeoning private corporate capital investment cycle, India Ratings and Research has revised upward their GDP growth projection for FY25 to 7.1%.
• Astronaut Sunita Williams, who is of Indian descent, is travelling to the International Space Station (ISS) for the third time with her coworker Butch Wilmore.
• Scheduled to take place in Bangladesh from October 3 to October 20, 2024, the ninth ICC Women's T20 World Cup has been revealed by the International Cricket Council (ICC).
• By winning the La Liga 2023–24 season title, Real Madrid, the legendary football team from Spain, has added yet another incredible accomplishment to their already impressive history.
• The Geographical Indication (GI) certificate has been awarded to the traditional craftspeople of Gujarat's "Kutch Ajrakh."
• As the new chairman of the Staff Selection Commission (SSC), Rakesh Ranjan is an IAS officer from the Manipur Cadre, class of 1992. 
• Reliance Industries Limited (RIL) and Tata Group, two of India's leading conglomerates, have been listed by the esteemed TIME magazine as among the 100 "Most Influential Companies" in the world. 
• The Indian Air Force (IAF) has taken part in a 16-day, multi-nation mega-military exercise in Alaska, USA, which aims to give participating troops realistic training in a war simulation setting. 
• The nomination of Sandeep Batra to the position of Chairman of the Board of Directors of ICICI Prudential Life Insurance Company has been approved by the Insurance Regulatory and Development Authority of India (IRDAI). 
• To create India's first Quantum Diamond Microchip Imager, Tata Consultancy Services (TCS) and the Indian Institute of Technology, Bombay (IIT-Bombay) have forged a strategic alliance.
• A single-piece, three-dimensional (3D) printed engine powered the world's first space rocket, a feat accomplished by Chennai-based startup Agnikul Cosmos.
• Shah Rukh Khan has been named the new brand ambassador for Muthoot Blue, also known as the Muthoot Pappachan Group (MPG).
• The Income Tax department set the Cost Inflation Index (CII) at 363 for the 2024–25 fiscal year in its most recent notification.
• The Indian government-owned bad bank, National Asset Reconstruction Company (NARCL), has named P Santhosh as its new Managing Director and CEO.
• The Indian Army and Indian Oil Corporation Limited (IOCL) have partnered to conduct hydrogen fuel cell bus demonstration experiments. 
• With the successful flight test of the locally built anti-radiation missile Rudram-II, India has accomplished a major milestone.
•  Veteran Walt Disney executive Gaurav Banerjee has been named as the next CEO of Sony's India division. Sony is a Japanese electronics and entertainment company.
• For the first time since the Colombo Process was established in 2003, India has assumed the role of chairman. The Colombo Process is a regional consultative forum centred on the management of foreign employment and the protection of migrant workers, with 12 member governments from South and Southeast Asia.
• The inaugural Outlook Planet Sustainability Summit & Awards 2024 for Central Public Sector Enterprises (CPSEs) was held in the city of Goa on May 27.
• As the first climber to summit both Everest and Lhotse twice in a single season, Indian mountaineer Satyadeep Gupta has made history.
• To encourage research and innovation in the field of Ayurveda, the Central Council for Research in Ayurvedic Sciences (CCRAS) has launched the Pharma Research in AyurGyan And Techno Innovation (PRAGATI-2024) programme.
• The Department of Telecommunication partnered with the Union Ministry of Home Affairs has unveiled the Sanchar Saathi Initiative to counter the growing concerns of fake SMS messages. 
• The 2023 United Nations Military Gender Advocate of the Year Award goes to Major Radhika Sen, an Indian military peacekeeper with the United Nations Organisation Stabilisation Mission in the Democratic Republic of the Congo (MONUSCO).
• After 12 years of planning, Reliance Industries is about to start building India's first Multimodal Logistics Park in Mappedu, close to Chennai, in June.
• Mahamat Idriss Deby took office as the new president of Chad, a country in north-central Africa, marking a dramatic change in the country's political landscape.
• With the opening of its first green hydrogen plant, GAIL (India) Ltd., the top natural gas transmission and distribution firm in the country, has accomplished a noteworthy milestone. 
• According to government figures, India had a trade deficit with nine of its top ten trading partners in the fiscal year 2023–2024. Notably, with bilateral trade reaching $118.4 billion, China surpassed the US to become India's top trading partner.
• Dipa Karmakar, an Indian gymnast, made history by being the first person from India to win a gold medal at any Asian Championship.
• At the 77th Cannes Film Festival, Payal Kapadia's film "All We Imagine as Light" took home the coveted Grand Prix award, which is the festival's second-highest honour. This was a tremendous triumph for Indian cinema.
• Madhya Pradesh native Jyoti Ratre is a fitness enthusiast and entrepreneur who made history by being the oldest Indian woman to summit Mount Everest.

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