Current Affairs, News & Facts of 22 May 2014

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  • Half of the world's newborn death occurs in 5 countries every year; India tops the list   
    1. India (779,000)
    2. Nigeria (276,000)
    3. Pakistan (202,400)
    4. China (157,000)
    5. Democratic Republic of Congo (118,000)
    • More than 5.5 million babies are born and die each year without a birth or death certificate.
    • Fatalism, poor care and lack of investment have been dubbed as the major causes for this calamity.
    • Three million of them are newborns while 2.6 million babies are stillborn. 
    • Nearly all the deaths are preventable, with half occurring during labour.
    • The whopping number of deaths is more than that from AIDS which was just around 2.3 million in the peak year of 2005.
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  • China and Russia signs a $400 billion gas deal.  
    • China is looking to tap into the vast energy reserves of Russia to reduce its dependence on Coal that result in heavy pollution. 
    • Pollution is emerging as one of the most fatal health hazard in the country that is home to few of the most polluted cities worldover.
    • This is also expected to boost sluggish Russian economy marred by sanctions imposed by the west over Ukraine Crisis.
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  • RBI instructs all banks to install talking ATMs with Braille keypads from July 1, 2014 onwards.  
    • The step is taken to make the facility disabled-friendly.
    • Banks have also been told to lay down the road map for converting all existing ATMs into the same.
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  • Sulabh International Museum of Toilets (New Delhi) has been ranked 3rd among the world’s 10 weirdest museums by Time magazine.  
    • The museum traces the history of the toilet for the past 4,500 years.
    • The list was topped by Icelandic Phallological Museum (Reykjavik) followed by Museum of Bad Art, Massachusetts (US) at the 2nd spot.
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  • India's largest online retailer, Flipkart.com, acquires fashion e-retailer Myntra.com for approximately USD 400 million.   
    • The deal is seen as a result of stiffening competition spurred by the entry of global e-retail heavyweight Amazon.
    • India's bustling e-commerce market is estimated at about $600 million.
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  • Narendra Kumar Verma to take over as the new Managing Director of ONGC Videsh Limited.  
    • He is currently Director for Exploration in OVL’s parent company, ONGC.
    • The post fell vacant after Dinesh K Sarraf was elevated as Chairman and Managing Director of ONGC. 
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  • IndiGo retains the top spot in the domestic passenger aviation market in April with 31.6% market share.  
    • The Low-cost carrier is followed by Jet Airways with 21.8% market share (including JetLite), Air India with 18.3% market share and Spice Jet with 17.9% market share.
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  • Radiation impact on health due to Fukushima nuclear disaster is well below safety level. - read more cat
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