Daily News

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Bangalore, Delhi & Mumbai make it on new global prosperity index

Bangalore emerged as India's highest ranked city at No. 83 in a new index of the world's 113 cities in terms of economic & social inclusivity, topped by Zurich. The first-ever Prosperity & Inclusion City Seal and Awards (PICSA) Index was released in Spain.

Did you Know

Delhi & Mumbai ranked 101 and 107 respectively.

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US approves the sale of naval guns worth $1 bn to India

US has approved the sale of 13 naval guns & related equipment worth $1 billion to India to help it meet current and future threats, according to the DSCA. The deal includes anti-surface warfare & anti-air defence MK 45 5 inch/62 calibre (MOD 4) naval guns.

Did you Know

DSCA- Defence Security Cooperation Agency.

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OECD trims global 2020 growth forecast to 2.9%

The Paris-based Organisation for Economic Co-operation and Development (OECD) now estimates that business activity around the world will expand by 2.9 per cent next year, a decline of 0.1 percentage points from a previous forecast issued in September.

Did you Know

OECD forecast growth of 3.0% in the year of 2021.

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Q2 GDP growth rate to slow down to 4.7%: ICRA report

ICRA expects India's growth rate to fall to 4.7 percent in Q2 of FY20, amid weak demand and tepid investment and also the country's gross value added (GVA) at basic prices in year-on-year (YoY) basis at 4.5% for the quarter ending September of FY2020.

Did you Know

The GDP and GVA were 5.0% and 4.9% respectively in Q1.

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Tech Mahindra & Business Finland ink MoU for R&D in 5G, 6G technology

Tech Mahindra has signed an agreement with Business Finland for research & development in 5G & 6G technology. Tech Mahindra will develop, pilot & implement state-of-the-art digital products to foster productivity and innovations in the area of 5G and 6G.

Did you Know

Tech Mahindra will set up an innovation lab in Finland.

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From December 1, toll payments will be made only through FASTags

From December 1, toll payments will be made only through FASTags under the National Electronic Toll Collection (NETC) programme. Twice the toll amount will be charged for passing through FASTag lanes without the tags at toll plazas on national highways.

Did you Know

NETC-Initiative of the Ministry of Road Transport & Highways.

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Jitendra Singh to inaugurate ‘Destination North East’ Festival

Jitendra Singh will inaugurate the ‘Destination North East’ Festival in Varanasi, UP on 23rd Nov 2019. The festival is being organised by the Ministry of Development of North Eastern Region. Previous editions of festival were held in Delhi & Chandigarh.

Did you Know

Festival will be held for four days.

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CCRAS signs MoU with JNU and ILBS

Central Council for Research in Ayurvedic Sciences has entered a MOU with Jawahar Lal Nehru University and Institute of Liver and Biliary Sciences for cooperation in the field of Research & Development and Training in Ayurveda & Traditional Medicine.

Did you Know

CCRAS comes under the Ministry of AYUSH.

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Govt sanctioned 305 projects for clean Ganga Mission: Gajendra Singh Shekhawat

The Clean Ganga drive is a continuous process & the govt has sanctioned 305 projects at an estimated cost of over Rs 28,600 Cr. Minister for Jal Shakti Gajendra Singh Shekhawat said there has been improvement in the quality of water of the River Ganga.

Did you Know

Namami Gange Programme-launched till 31 December 2020.

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ISSF World Cup: Manu Bhaker, Elavenil Valarivan & Divyansh Panwar win gold medals

India's Manu Bhaker, Elavenil Valarivan & Divyansh Panwar clinched gold medals in the ISSF World Cup Finals. Bhaker created junior world record in the women's 10 m air pistol event while Elavenil claimed gold in the women's 10 m air rifle competition.

Did you Know

Championship took place in Putian, China.