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India becomes the new Member of UN’s Commission on Status of Women

UNO
  • India has recently been elected as one of the members of the Commission on Status of Women (CSW) which is a body of the Economic and Social Council (ECOSOC). India will be a member for four years from 2021 to 2025.

Haryana Orbital Rail Corridor Project approved

Haryana Orbital Rail Corridor Project
  • Haryana Orbital Rail Corridor Project from Palwal to Sonipat via Sohna-Manesar-Kharkhauda is approved by the Cabinet Committee on Economic Affairs which is chaired by Prime Minister Shri Narendra Modi. The total outlay of the project is Rs. 5,617 crore.

S&P Global Ratings Projects India’s GDP at -9% in FY21

GDP
  • According to S&P Global Ratings Projects India’s GDP to contract by 9% in the fiscal year 2020-21 (FY21), as against its previous estimate of a 5% contraction, due to the impact of the COVID-19 pandemic.
  • For the FY22 (2021-22), S&P expects GDP growth of 6% and for the FY23 (2022-23), GDP growth is projected at 6.2%.

10th Defense Technology and Trade Initiative (DTTI) Group Meeting held

India-US
  • The Indian and U.S. Defense Delegations virtually conducted 10th Defense Technology and Trade Initiative (DTTI) Group Meeting with an aim to bring sustained leadership focus to the bilateral defense trade relationship and create opportunities for co-production and co-development of defense equipment.

Thomas and Uber Cup Finals postponed to 2021

Thomas and Uber Cup Finals
  • The Thomas Cup and the Uber Cup, which were scheduled to be held from 3 to 11 October 2020 in Denmark, has been postponed for 2021 by the Badminton World Federation (BWF).

IT Major Infosys to buy GuideVision for up to 30 million Euros

Infosys
  • IT major Infosys has signed a definitive agreement to acquire European consultancy firm GuideVision for up to Euro 30 million (approximately $35 million). The acquisition of GuideVision is expected to close during the third quarter of fiscal 2021.

Seva Saptah organized to Mark PM Modi’s Birthday

Seva Saptah
  • The theme of the programme is “seventy” as it will be PM Modi’s 70th birthday. To Mark Prime Minister Narendra Modi’s 70th birthday Seva Saptah is observed between September 14, 2020 and September 20, 2020. Seva Saptah is also called a week of Seva. During the week various welfare activities have been performed by Party Leaders.

Contactless payment watches launched “Titan Pay”

Titan Pay
  • “Titan Pay” contactless payment watches jointly launched by SBI & Titan. Through this the account holders of SBI can tap their Titan Pay watch on the contactless payment POS machines for making payments.

OECD projects India’s GDP at -10.2% in FY21

GDP
  • The Organisation for Economic Cooperation and Development (OECD) expects the Indian economy to contract by 10.2% in FY21 (2020-21) as compared to its previous estimate of 16.7% in June. For FY22 (2021-22), the Paris-based OECD projects India’s gross domestic product (GDP) to grow at 10.7%.

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