United Nations (UN) in its mid-year report on economic prospects named "World Economic Situation and Prospects (WESP) 2019 Mid-year Update" diminished the global economic growth forecasts for 2019 to 2.7% and for 2020 to 2.9%. Read more
Asian Development Bank (ADB) signed an agreement with Indian Railway Finance Corporation (IRFC), an entity owned by Government of India (GOI) to provide USD 750 million long-term financing for the Railways Track Electrification Project as part of a broad modernization program to reduce the dependence India's railway sector on fossil fuels. Read more
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"If the 16th general election in 2014 catapulted the BJP as the primary pole of Indian politics, relegating the Congress to a distant second, 2019 establishes it as the overarching hegemon". Read more
Sethu FC turned around a first-half deficit to clinch their first ever Indian Women's League trophy after defeating Manipur Police 3-1 at the Guru Nanak Stadium on Wednesday. Read more
The central board ofReserve Bank of India (RBI) approved creating a specialized supervisory and regulatory structure for commercial banks, urban cooperative banks and non-banking financial companies (NBFCs). The decision was taken at the RBI board meeting, which is chaired by Governor Shaktikanta Das along with deputy governors and other members of the board, held in Chennai, Tamil Nadu.Read more
Dr. Ankur Patwardhan, a scientist from Pune won second place in 'German Chemistry Prize' in an international competition named 'Elsevier Foundation-ISC3 Green and Sustainable Chemistry Challenge' during in the 4th Green and Sustainable Chemistry Conference held in Dresden ,Germany. Read more
The YSR Congress, which swept both the Assembly and Lok Sabha elections in Andhra Pradesh, will meet on Saturday to elect YS Jaganmohan Reddy as the leader of the party and he will be sworn in Chief Minister on May 30. Read more
Ukrainian TV star Volodymyr Zelensky won the presidential election in April 2019 and sworn in as 6th President of Ukraine recently. He succeeded Petro Poroshenko. Read more
World Health Organizationofficially declared Algeria and Argentina as malaria-free countries after recording no new cases for more than three years. Read more
Two departments under the Government of India, Department of Biotechnology (DBT) and Department of Atomic Energy (DAE) signed a Memorandum of Understanding (MOU) for supportingjoint collaborative research programmes in the area of Cancer. The MOU was signed by Dr. Renu Swarup, Secretary DBT and Shri K N Vyas, Secretary DAE. Read more
Marking the International Day on 23 May to end the almost entirely preventable condition, the head of the UN’s sexual and reproductive health agency, UNFPA, said that sufferers continue to “face devastating social stigma”. Read more
Bengaluru based doctor Hema Divakar received the 'Global Asian of the Year 2018-19' Award for women services and contribution towards Women's Healthcare Ecosystem. Read more
Microsoft has removed the Huawei laptops it sold on its online store. The move of Microsoft is to comply with the US President's executive order to crack down on Chinese tech companies. Read more
Telangana recorded 15% Gross State Domestic Product (GSDP) growth for the Financial year ended March 31 , 2019 with Rs.8,66,875 crore.Read more
ICICI Bank said it has entered into an agreement with the BSE to buy a stake in its subsidiary INX, located at GIFT City Gujarat. It will buy a 9.9% stake in India International Exchange (INX),a wholly-owned subsidiary of Bombay Stock Exchange (BSE) for nearly Rs.31 crore. The exchange posted a loss of Rs.31 crore in 2018-19 while its total revenue stood at RS.2.25 crore. INX is located at GIFT City in Gujarat. Read more
US State Department approved to sell air-defense missiles for worth of more than USD 600 million to Japan and South Korea. This approval was result of rising tension with North Korea when a pair of missile was tested by North Korea last week. Read more
Researchers said that computer simulations provide compelling evidence that an insulating layer of gas hydrates could keep a subsurface ocean from freezing beneath Pluto’s icy exterior. The researchers conducted computer simulations covering a timescale of 4.6 billion years when the solar system began to form. The simulations showed the thermal and structural evolution of Pluto’s interior and the time required for a subsurface ocean to freeze and for the icy shell covering it to become uniformly thick. They simulated two scenarios: one where an insulating layer of gas hydrates existed between the ocean and the icy shell, and one where it did not. Read more
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