Daily News

Image

Moody's puts India growth in 2018, 2019 at 7.5%

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.

Did you Know

Moody's Investors Service HQ – New York.

Image

Infosys opens new tech. & innovation hub in North Carolina

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.

Did you Know

Infosys -Bengaluru ,headquartered software services major.

Image

Scott Morrison sworn in as Australia's news PM

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.

Did you Know

Australia , Capital -Canberra.

Image

India’s First ISTS connected Wind Power Project Commissioned

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.

Did you Know

Government has planned for 175 GW RE by the year 2022.

Image

Rohan Bopanna, Divij Sharan clinch gold medal for India in men's doubles event

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.

Did you Know

Mahesh Bhupathi & Leander Paes won gold in 2002 & 2006.

Image

AMFI optimistic to retain double digit growth for MFs in FY19'

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.

Did you Know

AMFI CEO -N S Venkatesh, HQ – Mumbai.

Image

Ujjivan SFB launches overdraft facility for micro, small enterprises

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.

Did you Know

Samit Ghosh, Managing Director & CEO, Ujjivan SFB.

Image

2nd Protocol Amending India & Singapore CECA Signed

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

Did you Know

Singapore- 2nd largest trading partner of India within ASEAN.

Image

TRIBES India Outlets to open at airports soon

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.

Did you Know

Tribal Cooperative Marketing Development Federation (TRIFED).

Image

Veteran Odia actor Debu Bose passes away

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.

Did you Know

He started his career with Odia movie Tapasya in the 1980s.