Current Affairs For Bank, IBPS Exams - 15 May, 2014

Current Affairs For Bank, IBPS Exams

The New York Times has named the paper’s current managing editor Dean Baquet as the new executive editor after Jill Abrahamson stepped down from the top position .
Ms. Abrahamson, who took over as executive editor in 2011, was the first woman to hold the paper’s top position.
Mr. Baquet, a Pulitzer Prize winning journalist, will become the first African-American to lead one of the most respected and influential newspapers of the United States.

Reliance Industries Chairman Mukesh Ambani’s skyscraper residence in Mumbai is the most expensive billionaire home in the world, according to a Forbes list, which also includes Indian-origin steel tycoon Lakshmi Mittal’s houses in London.
Ambani’s 27-storey, 400,000-square-foot skyscraper home ‘Antilia’, named after a mythical island in the Atlantic, tops the Forbes list of the most expensive homes in the world.
The house has six storeys of parking, three helicopter pads, and reportedly requires a staff of 600 to keep it running.

Eight-time world champion Pankaj Advani (ONGC) stamped his authority yet again by pocketing the billiards crown in the Cricket Club of India (CCI) Classic Billiards and Snooker tournament in Mumbai .
The Bangalore-based cueist defeated Dhruv Sitwala in the final. Advani, 27, also won the Highest Break award for the 530, which he scored against Devendra Joshi in the quarter-finals.

Scientists have discovered the world’s oldest and best-preserved sperm from tiny shrimps, measuring a massive 1.3 millimetres and dating back to 17 million years in Australia.
Preserved giant sperm from shrimps were found at the Riversleigh World Heritage Fossil Site in Queensland and are the oldest fossilised sperm ever found in the geological record, researchers said.
The shrimps lived in a pool in an ancient cave inhabited by thousands of bats, and the presence of bat droppings in the water could help explain the almost perfect preservation of the fossil crustaceans.
The giant sperm are thought to have been longer than the male’s entire body, but are tightly coiled up inside the sexual organs of the fossilised freshwater crustaceans, which are known as ostracods.
Within these are the almost perfectly preserved giant sperm cells, and within them, the nuclei that once contained the animals’ chromosomes and DNA.