We are here with our daily updates of Top 5 Daily News – 01 Oct 2019 that will cover the major news for the day. This blog is an attempt to help our users stay up to date with the latest happenings around the world. Especially the users who are preparing for the Govt. exams. Prepare for exams like SBI PO, RBI Grade B, IBPS PO, IBPS Clerk, IBPS RRB, LIC Assistant, etc. with Oliveboard. Let’s start with today’s blog.
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Top 5 Daily News – 01 Oct 2019
India among 20 most improved countries
India is ranked as one of the top 20 improvers in doing business in 2020 by the World Bank.
The list is made on the basis of economies that improved the score of doing business in their countries. The detailed report will be out by 20th October 2019.
India currently ranks at 77th position in the ease of doing business. India and China have introduced 13 reforms to improve the EODB rankings.
Yogi Adityanath inaugurated Mobile hospital in Varanasi
CM Yogi Adityanath inaugurated Shri kasha Vishwanath Arogya Mandir, which will be a mobile hospital in Varanasi.
Yogi Adityanath inaugurated the Arogya Mandir on the occasion of Sharadiya Navaratri and named it as a noble initiative.
Arogya Mandir will be run by Nayati Health care.
Varanasi is also referred to as the ‘Karmabhumi’ of our Prime Minister Narendra Modi.
Bharti to raise fund by selling overseas bond
Bharti Airtel is planning to raise funding by selling its overseas bond. They are expecting the sum to go as high as $ 1 billion depending on the investor’s response.
Bharti wants to expand its 4G network and also this amount will help them in refinancing their debts.
Roadshows will be commencing shortly to spread awareness about the fundraising.
US modifies the Laws for H-1B Visa
Students who are on the dependent visa of their parents cannot rely on the H-1B Visa after turning 21, US senator said.
They have to apply for International F-1 Visa. On the non-approval of the F-1 visa, the student may have to get deported to India.
There is a huge backlog for the green card obtaining list for the Indians.
Reliance to invest in e-commerce platform Fynd
Reliance Industries led by Mr. Mukesh Ambani is investing 50 crore INR in the e-commerce platform Fynd. Fynd is an online e-commerce for fashion.
Reliance Industries has already acquired 70% of the stakes in Fynd earlier this year in March 2019.
RIL is expecting to invest up to 100 crore INR by 2021 in Fynd. Fynd also has a backup from the Google.
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That is all from us in this blog Top 5 Daily news – 01 Oct 2019. For more updates please stay tuned to Oliveboard.
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