Top Best Current Affairs 31 May 2020

Wipro appointed Thierry Delaporte, COO of Capgemini, as the new Chief Executive Officer and Managing Director effective from 6th July 2020. He will take over the position from Adidali Neemuchwala who will be stepping down from his position on June 1. The operation of Wipro until July 5th will be monitored by its chairman Rishad Premji. He will be based in Paris and report to Rishad Premji.

Professor Mathews Plamoottil, head of the Department of Zoology at the BJM Government College, Chavara (Kerala), has detected a new species of silver colored small freshwater fish "Puntius sanctus" of the Cyprinidae family in Velankanni ,Tamil Nadu.

BSE ( formerly known as The Bombay Stock Exchange)and National Stock Exchange announced that they will reduce the annual listing fee by 25% for Small and Medium Enterprises companies, it is as a part of their attempts to lower the compliance costs for companies during the ongoing COVID-19 pandemic. These steps will help to revive the SMEs & encourage thousands of SMEs to go for listing.

Finance Minister Nirmala Sitharaman chaired the 22nd Meeting of the Financial Stability and Development Council via video conferencing, which was the first meet since the coronavirus outbreak. The meet was held to review the various measures to maintain financial stability in the context of COVID-19.

According to Fitch's Global Economic Outlook for May, India's Gross Domestic Product is anticipated to a 5% decline in the current financial year(ending March 2021) from its earlier forecast(late-April's GEO) of growth of 0.8% due to the pandemic. This is the biggest forecast cut to India. The growth contraction in the current fiscal is mainly due to a 8.3% and 9.7% contraction in consumer spending and fixed investment in FY21.

Uttarakhand Chief Minister (CM) Trivendra Singh Rawat, launched the scheme named "Mukhyamantri Swarozgar Yojana" to retain the migrants who have returned to the state during the lockdown.

The Deputy Chief Minister of Uttar Pradesh and PWD Minister of State Keshav Prasad Maurya, announced the development of 800 km herbal roads along the state and national highways through the state.

M.P. Veerendra Kumar, Rajya Sabha MP from Kerala and Loktantrik Janata Dal Leader, writer and journalist, passed away at the age of 83 due to cardiac arrest in Kozhikode, Kerala. He was born on July 22, 1936, at Kalpetta, Wayanad district, Kerala.