04 June 2018 Current Affairs

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PM Modi 3-Nation Visit completed
Prime Minister Narendra Modi returned to New Delhi after concluding his significant and successful three-nation visit to Indonesia, Malaysia and Singapore.

Rabada wins South Africa’s top player prize
Kagiso Rabada, the world’s number one Test bowler, was named as South Africa’s Cricketer of the year.

Government meets fiscal deficit target
Government has met its fiscal deficit target for 2017-18 at 3.53% of the Gross Domestic Product. Government in the Budget had revised the fiscal deficit target for 2017-18 to 3.5% from the earlier estimate of 3.2%.

Microsoft is now third most Valuable Firm globally
Microsoft has surpassed Alphabet, the parent company of Google, in the market capitalisation for the first time in three years, becoming the third most valuable firm after Apple and Amazon globally. Microsoft had a market cap of $753 billion at the close of trading, almost $14 billion ahead of Alphabet.

Palo Alto names former SoftBank exec Nikesh Arora CEO
Palo Alto Networks Inc, a Cybersecurity firm, appointed former SoftBank Group Corp president Nikesh Arora as Chief Executive Officer and Chairman.

Yuvraj Singh awarded ‘Most Inspiring Icon of the year for Social Welfare’
Indian star cricketer Yuvraj Singh has been awarded the ‘most inspiring icon of the year for Social Welfare’ award by the Dadasaheb Phalke International Film Festival (DPIFF) for his exemplary contribution in the field of social welfare.

3rd meeting of India-UK home affairs dialogue held in New Delhi
The Third Home Affairs’ Dialogue between India and U.K. was held in New Delhi. The Government of India Delegation was led by Mr Rajiv Gauba, Union Home Secretary and the Delegation from Home Office of the U.K. was led by its Second Permanent Secretary, Ms. Patsy Wilkinson.

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