DBS has revised India's real GDP growth forecast downwards for FY 2019-20 to 6.2% from 6.8% projected earlier. Real GDP slowed to 5% year-on-year in first quarter of FY20 from the first quarter's 5.8% prediction earlier
DBS Slogan: Live More, Bank Less; HQ: Singapore
Vice President M. Venkaiah Naidu inaugurated the country’s longest electrified rail tunnel between Cherlopalli & Rapuru at 6.7 kms. Tunnel is built at a cost of ₹437 crore, has 44 trolley refuges and 14 cross-passages in a horseshoe design
New inter-city SF express b/w Guduru & Vijayawada also started
Haryana government announced ₹4,750-crore interest & penalty waiver on crop loans taken from cooperative banks, benefitting around 10 lakh farmers in state. 5% penalty imposed on farmers who failed to repay loans taken from PACS, to be completely waived
Haryana Governor: Satyadev Narayan Arya
India finished at the top of the ISSF World Cup Rifle/Pistol Championship in Rio De Janeiro with 5 gold, 2 silver and 2 bronze medals. India has now finished as the leading nation in ISSF Senior World Cup events in 2019 with 16 gold, 4 silver & 2 Bronze
ISSF HQ: Munich, Germany; Membership: 150 regions
A panel on fintech has pitched for development of a marketplace model for peer-to-peer (P2P) lending, virtual banking to allow lenders to operate without branches, use of drones for field assessments & artificial intelligence (AI) to reduce frauds
Panel suggested dedicated National Digital Land Records Mission
IDBI Bank is set to get a fresh lifeline of Rs 9,000 crore from the Government. LIC, which is the majority owner of IDBI Bank, would infuse close to Rs 4,500 crore as its share, the government is expected to chip in with a matching contribution
It is a part of Rs 70000 cr bank recapitalisation plan
Rujuta Khade emerged as country's fastest female swimmer, taking the 50m freestyle title at 73rd Glenmark National senior aquatics championships in Bhopal & Virdhawal Khade won the Men’s 50m freestyle title gaining the title of Country’s fastest couple
Apeksha Fernandes won women's 200m breaststroke title
12-day 14th Conference of Parties-14 to UN Convention to Combat Desertification is held at Expo Centre & Mart, Greater Noida. 122 countries have agreed to make the Sustainable Development Goal of achieving land degradation neutrality a national target
#DrawLife2Land campaign launched to support COP14
Dr Harsh Vardhan was unanimously elected as Chair of the 72nd Session of the WHO Regional Committee for South-East Asia. 8 Ministers of Health from 11 countries of WHO South East Asia Region were part of event.
WHO Director General: Tedros Adhanom; HQ: Geneva
Khadi & Village Industries Commission launched a first ever ‘Terracotta Grinder’ at Sewapuri in Varanasi. The machine grinds the wasted pottery items for re-using in pottery-making. KVIC Chairman distributed 200 Electric Potter Wheels among villagers
Union Minister of MSME: Shri Nitin Gadkari