- The Department of Expenditure, Ministry of Finance has launched the Vivad se Vishwas I – Relief for MSMEs scheme to provide relief to Micro, Small and Medium Enterprises (MSMEs) during the COVID-19 period.
- ASEAN-India Maritime Exercise (AIME-23) was held in Singapore from May 2nd to May 8th, 2023. The exercise was aimed at promoting maritime cooperation and enhancing trust, friendship, and confidence among the ASEAN and Indian navy.
- “Global Fintech 2023: Reimagining the Future of Finance” jointly produced by Boston Consulting Group (BCG) and QED Investors, the Asia-Pacific (APAC) region is expected to outpace the United States of America (USA) and become the world’s top fintech market by 2030 with a projected compound annual growth rate (CAGR) of 27%
- Airtel Payments Bank has announced its partnership with National Payments Corporation of India (NPCI) to roll out Face Authentication for AePS (Aadhaar-enabled Payment System) at its 500,000 banking points. Airtel Payments Bank is amongst the first four banks to offer Face Authentication for AePS in the country
- Pine Labs has partnered with ICICI Bank to enable the acceptance of digital Rupee on its PoS terminals. The technology integration between the two entities will now support e₹ (Digital Rupee) acceptance at Pine Labs’ point-of-sale terminals across key retail outlets in Mumbai and Bengaluru
- Tamil Nadu Food Safety Department has launched a website and a mobile app for consumers. The website is www.foodsafety.tn.gov.in and can be accessed in Tamil and English . The mobile app is called TN Foodsafety Consumer App and can be downloaded for Android and iOS platforms
- Dvara SmartGold has entered into a strategic partnership with Jana Small Finance Bank (SFB) to offer gold loans. Initially, this offering is available across Tamil Nadu, Chhattisgarh and Maharashtra1. Under this partnership, Dvara SmartGold will provide gold loans to its customers with Jana Small Finance Bank (SFB) as the lending provider
- ICAI (Institute of Chartered Accountants of India) and ICAEW (Institute of Chartered Accountants in England & Wales) have renewed their MoU (Memorandum of Understanding) on April 24 in London.
- The Indian pair of Chirag Shetty and Satwiksairaj Rankireddy won the men’s doubles crown at the Badminton Asia Championships 2023 in Dubai on Sunday. They defeated Malaysia’s Ong Yew Sin and Teo Ee Yi in the final with a score of 16-21, 21-17, 21-19
- Arun Manilal Gandhi, grandson of Mahatma Gandhi and an author and socio-political activist, passed away at the age of 89 on Tuesday, May 2, 2023, after a brief illness1. His funeral was held in Kolhapur later that day
- World Press Freedom Day is observed annually on May 3rd to raise awareness of the importance of press freedom and the challenges that journalists face around the world1. The theme for 2023 is “Shaping a Future of Rights: Freedom of Expression as a Driver for all other human rights
- National Organ and Tissue Transplant Organisation (NOTTO) is working on a transplant manual as a step-by-step guide for the implementation of organ donation and transplantation programmes in hospitals and a standard course for training of transplant coordinators
- Indian Meteorological Department (IMD) has declared the birth of a cyclonic or low-pressure region in the Bay of Bengal, which may result in massive rainfall in the area from May 8 to May 12
- India will launch its own heat index next year to quantify the impact of heat on its population and generate impact-based heatwave alerts for specific locations
- Reserve Bank of India’s (RBI) Department of Economic and Policy Research (DEPR), the cumulative total expenditure for adapting to climate change in India is estimated to reach ₹85.6 lakh crore (at 2011-12 prices) by 2030
