Top Current Affairs of the day: 10 May 2022

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by Isaimozhi K | Updated May 10, 2022

Top Current Affairs of the day: 10 May 2022

Alkesh Kumar Sharma was Appointed as Ministry of Electronics And IT Secretary

Alkesh Kumar Sharma, a senior IAS officer who was previously the secretary of the Cabinet Secretariat, has been named Secretary of the MeitY. (Coordination).

Highlights:

  • A senior IAS officer, Alkesh Kumar Sharma, has been appointed secretary of the Ministry of Electronics and Information Technology (MeitY). He was previously the secretary of the Cabinet Secretariat (Coordination). 

  • From May 2020 to April 2021, Alkesh Kumar Sharma was Kerala's additional chief secretary for industries. 

  • From September 2019 to April 2021, Sharma was the Managing Director of Kochi Metro Rail and the Cochin Smart City Mission CEO.

  • At MEITY, Alkesh Kumar Sharma, a Kerala-based IAS official, has his job cut out for him. He will be in charge of making sure the $10 billion semiconductor incentive program, which aims to boost chip manufacture and design in the country, goes smoothly.

Reliance is The First Indian Company to Cross $100 Billion Annual Revenue

Reliance Industries has become the first Indian business to surpass $100 billion in yearly revenue. 

Highlights:

  • For the quarter ending March 2022, the company's net profit increased by 22.5 percent. Retail, internet services, and the oil and gas business have seen significant growth at Reliance. 

  • In addition, the company recorded the highest-ever quarterly EBITDA (profits before interest, taxes, depreciation, and amortization) of Rs 33,968 crores (up 28 percent) year over year.

  • Reliance's earnings increased due to an increase in internet customers, the growth of online retail, and the establishment of new energy investments.

  • In the fourth quarter of FY22, the country's largest corporation by market value increased its consolidated sales by 35% to Rs 2.32 lakh crore. 

  • Reliance recorded a net profit of Rs 60,705 crore on revenue of Rs 7.92 lakh crore for the fiscal year 2021-22 (April 2021 to March 2022). (USD 102 billion). 

  • It is the first Indian company to reach a revenue of $100 billion in a single year.

Abhinav Deshwal Won A Gold Medal In Men's 10m Air Pistol At 24th Deaflympics.

At the ongoing 24th Deaflympics in Caxias do Sul, Brazil, Abhinav Deshwal has earned India's second gold medal in shooting.

Highlights:

  • At the ongoing 24th Deaflympics in Caxias do Sul, Brazil, Abhinav Deshwal has earned India's second gold medal in shooting. 

  • He was tied for silver with Oleksii Lazebnyk of Ukraine before earning gold in a shoot-off. At the 24th Deaflympics, India won four medals in the shooting competition.

  • After placing second in the 60-shot qualification round with a score of 575 out of 600, Abhinav advanced to the final eight. 

  • He was also deadlocked on points with Kim Kihyeon, but the Korean won due to greater inner tens.

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