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News in Short

News in Short - 20-May-2022

Pieter Elbers appointed CEO of IndiGo

Date: 20 May 2022 Tags: Appointments & Resignations
  • InterGlobe Aviation, the parent company of low-cost carrier IndiGo, appointed Pieter Elbers as its new Chief Executivie Officer (CEO).
  • Mr Elbers has served as the President and CEO of KLM Royal Dutch Airlines. He is also a member of the executive committee of the Air France – KLM Group.
  • He holds a Bachelor’s degree in Logistics Management and a Master’s Degree in Business Economics.

Microsoft and Volocopter partner to develop aerospace cloud system

Date: 20 May 2022 Tags: Miscellaneous
  • Tech giant Microsoft and urban air mobility (UAM) firm Volocopter have teamed up to develop an aerospace cloud system in the former’s cloud computing service Azure.
  • The system will be designed to address the nascent cloud computing requirements for electric vertical take-off and landing (eVTOL) aircraft, UAM, and autonomous aviation.
  • Microsoft’s cloud computing service will support Volocopter’s digital platform VoloIQ, which the firm plans to use as its standard UAM operating system for all electric passenger and drone flight operations.

GST of 28% to be levied on online gaming and betting

Date: 20 May 2022 Tags: Miscellaneous
  • A group of state finance ministers has recommended levying 28% GST on online gaming, racecourses, and casinos.
  • The group also finalised the mode of taxation for these services. The tax will be imposed on initial betting and the gaming amount.
  • The online gaming industry that operates skills-based games like e-sports, rummy, poker, chess, and fantasy games had pitched for GST to be capped under 18%.

Lt Governor of Delhi Anil Baijal resigns

Date: 20 May 2022 Tags: Appointments & Resignations
  • Anil Baijal, who was appointed as the Delhi Lieutenant Governor in 2016, has sent his resignation to the President of India.
  • The 1969-batch IAS officer’s tenure as L-G was 5 years and 5 months. He was earlier the vice-chairperson of the Delhi Development Authority.
  • Mr. Baijal also served as Union Home Secretary in the 2004 NDA government led by Atal Bihari Vajpayee over a 37-year career.

US gets first monkeypox case

Date: 20 May 2022 Tags: Miscellaneous
  • The United States’s Massachusetts reported a confirmed rare case of monkeypox, the first case reported in the country this year.
  • Portugal confirmed five cases of monkeypox and Britain announced two more new cases, marking an unusual outbreak in Europe.
  • The monkeypox virus belongs to the orthopoxvirus family. Monkeypox has symptoms that are comparable to smallpox but are less severe.