Welcome to Today’s Current Affairs. This current affair news is useful for Govt jobs Interviews, TNPSC, IAS, UPSC, SSC, Railway, Banking exams IBPS, PO, SO, Clerk, and other all competitive exams for the entire part of the general awareness or general knowledge (GK) section. These daily current affairs 2020 resources provide facts about events of International, National, Political, Social, Banking, Business, Sports, and Entertainment related current affairs.
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NATIONAL LOST SOCK MEMORIAL DAY – May 9th recognizes a fun and unique holiday, National Lost Sock Memorial Day. It is time to say “good-bye” to all of the single socks, the ones where their mates have been lost to the unknown.
NATIONAL MOSCATO DAY – On May 9th raise your glass and toast National Moscato Day. Moscato/ Muscat in Italian is one of the oldest known variety of grapes grown in the world.
NATIONAL SLEEPOVER DAY – On May 9th, National Sleepover Day provides an opportunity once again for girls to confide in their friends in a way that can be inspiring, therapeutic, and confidence-building. Sleepovers play an important role in both friendships and memory-making.
Today Current Affairs Headlines
- On the railway tracks 15 migrant workers, who were sleeping while going back to their native places, run over by a goods train between Jalna & Aurangabad in Maharashtra.
- Jharkhand bans the manufacture, sale, and storage of 11 brands of pan masala for a year.
- Chengalpattu today Corona to 31 people in one day.
- 14 in Villupuram, 33 in Perambalur; Newly affected today.
Corona Opportunity for Tirupur: Exports Open?
In India, the curfew has been enforced until May 17 to curb the spread of corona. The industry was paralyzed during this period, and the curfew was partially relaxed after April 20. Companies were allowed to operate with certain restrictions.
All the enterprises are looking for sales and export opportunities as they seek to return to growth. Currently, corona’s impact is high not only in India but internationally, there is a high demand for protective products including facial features. So the production and sales of these products are fast. Tirupur facial manufacturers now have good employment opportunities.
India to mix in khadi sales
According to the rules of the World Health Organization, wearing international masks is mandatory. This has led to increased demand for masks and increased export opportunities in India. Tirupur Exporters Shanmugam, the president of the federation, said, “There are orders for cosmetics from international countries such as Clint David, Leros and Marco Polo. This is just the beginning. While there are opportunities for export, there are some obstacles. ”
Petrol Price: Does It Have a Dawn?
The price of gasoline and diesel remained unchanged due to the worldwide coronation of coronavirus. But a few days ago, the same day saw huge increases.
Petrol increased by Rs 3.26 per liter and diesel by Rs 2.51 per liter. This caused a huge shock among motorists. For the sixth day, petrol is still sold at Rs 75.54 per liter and diesel at Rs 68.22 per liter. The price went into effect from 6 am this morning.
The price of jewelry gold in Chennai has risen slightly today. Shares have risen to just Rs 8 per day, after a day and a half.
The price of one gram (22 carats) of gold in Chennai today rose to Rs 4,450. Yesterday’s price was 4,449. The price of gold today rose by one rupee per gram.
Similarly, 8 grams of gold, which was sold yesterday for Rs 35,592, rose by Rs 8 today to Rs 35,600.
Price of Pure Gold – There is no change in the price of pure gold today. The price of 24-carat pure gold is Rs 4,692 per gram. The price of 8 grams of pure gold is at Rs 37,536.
Price of Silver – The price of silver continues today. The price of one gram of silver was at Rs 43.51. Yesterday’s price was Rs.43.50. A kilo of silver is being sold for Rs 43,500.
- India’s foreign exchange reserves rise to USD 481.078 billion in the week to May 1.
- The Government. hikes market borrowing estimate to Rs 12 lakh Cr in 2020-21; the Budget target was Rs 7.8 lakh Cr.
- Pandanda Kuttappa, co-founder of Kodava Hockey Festival in Coorg (Karnataka), dies aged 85.
Massive Exercise to supply pulses and food grains to 80 crore people
Union Minister for Food and Public Distribution Shri Ram Vilas Paswan announced that NAFED (National Agricultural Cooperative Marketing Federation of India Limited) is to provide free pulses for three months to more than 19.5 crore households for three months. So far, 51,105 lakh tonnes of pulses have been distributed. This includes Urad Whole, Tur Dal, Moong whole, Channa Dal, and Masur Dhal.
International Current Affairs
The United States unemployment surges to a Depression-era level of 14.7 Percent
WASHINGTON (AP)- The coronavirus crisis has sent U.S. unemployment surging to 14.7%, a level was last seen when the country was in the throes of the Depression & President Franklin D. Roosevelt assuring Americans that thing to fear was fear itself. Because of the government errors & the particular way the Labor Department measures the job market, the true picture is even worse. By some calculations, the unemployment rate stands at 23.6%, not far from the Depression peak of nearly 25%.
The Labor Department said Friday that 20.5 million jobs vanished in April in the worst monthly loss on record, triggered by coast-to-coast shutdowns of factories, stores, offices, and other businesses.
The breathtaking collapse is certain to intensify the push-pull across the U.S. over how and when to ease stay-at-home restrictions. And it robs President Donald Trump of the ability to point to a strong economy as he runs for reelection.
The Indian-American grocery store owner in Silicon Valley charged with price gouging
WASHINGTON: The owner of a popular Indian-American grocery story has been charged with price gouging during the coronavirus pandemic when the entire state is under stay-at-home orders. Following consumer complaints, an investigation office revealed that Rajvinder Singh, owner of the popular Apna Bazaar in California’s Pleasanton, had allegedly increased the prices of grocery items following the emergency declaration by the governor on March 4.
Based on the evidence provided by customer receipts, the investigation confirmed that the pricing of several food items exceeded the 10-per cent increase allowed during a state of emergency, with some prices being as much as 200 percent more.