PM announces ₹1,000 cr. aid for Bengal

  • package of ₹1,000 crore for West Bengal and ₹500 crore for Odisha after an aerial survey of the devastation caused by cyclone Amphan.
  • In addition ₹2 lakh will be given from the Prime Minister’s Relief Fund to the family of the deceased and ₹50,000 each for the seriously injured.

RBI cuts repo rate again, down to 4%

  • The Reserve Bank of India (RBI) further reduced the key interest rate or the repo rate by 40 bps on Friday, after a yet another out­-of-­turn Monetary Policy Committee (MPC) meeting as the COVID­19 pandemic induced lockdown continues, albeit with calibrated relaxations.
  • The central bank also extended the loan repayment moratorium for another three months till August 31.
  • The six ­member MPC announcement has reduced the repo rate to 4% with five members of the panel voting for the steep cut while one member, Chetan Ghate, voted for a 25 bps cut.


New Nepal map based on historic documents’

  • Nepal’s new official map is based on historic documents dating back to the early 19th century and cannot be termed artificial, a top official in Kathmandu has said.
  • Our position is based on the historical documents dating back to the Treaty of Sugauli of 1816, which demarcated the shape of present­ day Nepal,” Mr. Bhattarai said.
  • Nepal launched the new official map on Wednesday, which depicts Kalapani, Limpiyadhura and Lipulekh as part of its territory.

Ban on Zoom: SC issues notice to Centre

  • The plea by Delhi resident Harsh Chugh said the app made users “vulnerable and prone to cyber threats.”
  • It has alleged that the Zoom app “practices data hoarding and cyber hoarding,” which include mass storage of personal data of its users and stores cloud recordings, instant messages and files.
  • The app has been falsely claiming that calls are end-to-­end encrypted when they are not,” the petition said.
  • The plea has alleged that Indian Computer Emergency Response Team (CERT-In), the nodal cyber security agency, has also warned Zoom users of cyber risks.