S&P cuts India growth forecast for FY23 to 7.3%

S&P cuts India growth forecast for FY23 to 7.3%

S&P Global Ratings cut India’s GDP projection for the current fiscal to 7.3% from 7.8% on rising inflation and the Russia-Ukraine conflict. S&P Global Ratings suggestions: Central banks to raise rates more than what was currently priced in, risking a harder landing which includes a larger hit to output and employment. World Bank: 8% International Monetary Fund: 8.2% Asian Development Bank: 7.5% […]

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India to introduce “made in India” skin test for TB

India to introduce “made in India” skin test for TB

Union Health Minister Mansukh Mandaviya has announced to launch of a newly approved skin test for tuberculosis (TB) diagnosis called c-TB in the country while addressing the 35th board meeting of the Stop TB Partnership through video-conferencing. This TB Kit will be cost-effective and provide immense benefit to other high burden countries as well.He also announced to launch of a new initiative “Adopt

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PM Modi to participate in Quad Summit in Tokyo

PM Modi to participate in Quad Summit in Tokyo

PM Narendra Modi will participate in the Quad Leaders’ Summit in Tokyo held on the 24th of May at the invitation of Japanese Prime Minister Fumio Kishida. The summit will be attended by US President Joe Biden, Australian Prime Minister Scott Morrison, and Japanese Prime Minister Fumio Kishida. During this meet, PM Modi will also review the India- Australia Comprehensive Strategic Partnership

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China Plans World’s First Habitable Planet Search With Space Telescope

China Plans World’s First Habitable Planet Search With Space Telescope

Chinese scientists have proposed a project to hunt for habitable Earth-like planets outside our solar system through a space telescope. This is will be the world’s first space mission specially designed to search for habitable planets in the universe.  The proposed project will involve surveying the sky through a space-borne telescope to hunt for habitable

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G7 countries approves to provide financial support to Ukraine

G7 countries approves to provide financial support to Ukraine

Group of Seven (G7) countries have agreed to provide financial support to Ukraine to meet its immediate financing needs. The US Senate has approved a USD 40 billion package of military, economic and humanitarian assistance to Ukraine. Christian Lindner (German Finance Minister) has announced a contribution of USD 1.1 billion to Ukraine’s budget. The European Commission has pledged up to USD 9.5 billion of macro-financial assistance in the

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GeM signs MoU with SEWA to boost Women-led Enterprises

GeM signs MoU with SEWA to boost Women-led Enterprises

Government eMarketplace (GeM) and Self-Employed Women’s Association (SEWA) have signed an MoU for the advocacy, outreach, mobilization and capacity-building of last-mile women-led enterprises. The MoU was signed by the Chief Executive Officer of GeM P. K. Singh and Vice-President of SEWA Rehana Riyawala. GeM will train SEWA members to assist and enable women-led small enterprises with GeM processes related to seller

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Nirmala Sitharaman chaired 7th Annual Meeting of Board of Governors of NDB

Nirmala Sitharaman chaired 7th Annual Meeting of Board of Governors of NDB

Finance Minister, Nirmala Sitharamana has chaired the 7th Annual Meeting of Board of Governors of NDB through video-conferencing in New Delhi. Theme 2022:  “NDB: Optimising Development Impact”. FM Sitharamana has mentioned that India’s economic growth in the current financial year has been robust and is estimated to be 8.9%. Attended by: Brazil, China, Russia, South Africa and the newly joined members

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