Current Affairs India - 18 May 2014

1. Prime Minister Dr. Manmohan Singh met President Pranab Mukherjee at the Rashtrapati Bhavan on 17th May and submitted his resignation of his Council of Ministers. He has been India-s Prime Minister for last 10 years during UPA-I and UPA-II.

President Pranab Mukherjee dissolved the 15th Lok Sabha with immediate effect today, completing a formality before the constitution of the new House.

2. Sikkim Chief Minister Pawan Chamling won the assembly election in Sikkim held recently and he is set for a consecutive fifth term. With this he will beat the record set by Jyoti Basu in West Bengal. Chamling-s Sikkim Democratic Front won two thirds majority in the Assembly elections winning 22 of the 32 seats with a vote share of 55%.

He took over the reins of the State in December 1994 and completed 20 years as Chief Minister of the Himalayan State.

3. Bihar Chief Minister Nitish Kuamr has resigned yesterday after his party JDU faced massive defeat in the general elections. Addressing a press conference in Patna, Nitish Kumar said that he took the moral responsibility for his party-s poor performance in the elections and steps down from the post of chief minister.

He also maintained that the decision JDU took to break away from BJP was fully right. He said BJP only betrayed him but he had not. Janta Dal (United) president Sharad Yadav today said a new Chief Minister candidate in Bihar will be decided soon.

4. T.R. Zeliang will be the new Chief Minister of Nagaland after State Chief Minister Neiphiu Rio won the Lok Sabha seat from the state. Zeliang was formally declared as the new Leader of the Naga Peoples' Front led Democratic Alliance of Nagaland Legislature party in Kohima yesterday.

5. Indian men's basketball team defeated Maldives by 108-32 to win the third South Asian Basketball Association tournament at Kathmandu on 17th May. With this win, India finished an unbeaten 4-NIL in the tournament after defeating Bangladesh, Sri Lanka and Nepal in earlier games.

6. Former CEO and Chairman of Tata Steel and widely known as Management guru, Russy Mody passed away at his home in South Kolkata on Friday night. He was 97. He was known for his man management while he headed Tata Steel and was awarded Padma Bushan. He was associated with Tata Steel for nearly four decades and built foundation of the company.

He had to leave the company following differences in Opinion with Ratan Tata. Though they patched up later Mr. Mody said in a book -all was forgotten-.

7. Capt. C. P. Krishnan Nair, Founder Chairman of The Leela Palaces, Hotels and Resorts, passed away on 17th May. He was 92. He was known as Captain due to his small stint in Indian Army. He built the famous hotel Chain Leela Palaces and was also awarded with Padma Bhushan award.