Acc. to Moody’s investor Global Macro Outlook for 2018-19, Indian economy is largely resilient to external pressures and is expected to grow around 7.5% in 2018 & 2019.
Growth is supported by strong urban and rural demand and improved industrial activity.
Moody's Investors Service HQ – New York.
Infosys opened technology and innovation hub in North Carolina, taking it to three such hubs in the US. It was inaugurated in Raleigh.The other two were recently set up in Indianapolis and Connecticut recently.
Infosys -Bengaluru ,headquartered software services major.
Australian Treasurer Scott Morrison has been sworn in as the 30th Prime Minister of Australia ,after winning a Liberal party leadership vote. He won an internal ballot 45-40 over former Home Affairs Minister Peter Dutton.
Australia , Capital -Canberra.
Ostro Kutch Wind Private Limited commissioned an Inter-State Transmission system connected Wind Power Project(Capacity-126 MW) in Bhuj (Gujarat).The energy generated from this project is being purchased by Bihar, Odisha, Jharkhand and UP.
Government has planned for 175 GW RE by the year 2022.
Rohan Bopanna and Divij Sharan notched up their maiden men's doubles gold medal at the Asian Games,2018.They defeated Aleksander Bublik and Denis Yevseyev of Kazakhstan 6-3 6-4.India have claimed the men's doubles gold on four occasions at the Games.
Mahesh Bhupathi & Leander Paes won gold in 2002 & 2006.
Association of Mutual Funds of India is optimistic about the growth story of the industry .It overall grew by 17% while retail industry jumped by 34% in the last fiscal.Total assets under management by the MF industry as of now is about Rs 23 lakh crore.
AMFI CEO -N S Venkatesh, HQ – Mumbai.
Ujjivan Small Finance Bank has launched overdraft (OD) facility for micro and small enterprise (MSE) customers across its branches nationally.This facility is available to all MSEs with a turnover of Rs 50 lakh or more, at a competitive rate of interest.
Samit Ghosh, Managing Director & CEO, Ujjivan SFB.
India & Singapore signed the 2nd Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) .CECA was the first comprehensive agreement covering trade in goods, services and investments, which India signed with any of its trading partners
Singapore- 2nd largest trading partner of India within ASEAN.
The Airport Authority of India has allotted space to TRIFED for opening of Tribes India outlets at various airports.The aim is to bring about a multi-dimensional transformation of the tribal society and a shift in the perception of their existing image.
Tribal Cooperative Marketing Development Federation (TRIFED).
Veteran Odia actor Debu Bose passed away following a prolonged illness, he was 75. He had worked in more than 120 films, television shows and innumerable plays. He was a disciple of Odissi dancer Late Guru Kelurcharan Mohapatra.
He started his career with Odia movie Tapasya in the 1980s.