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Fitch and S&P forecast India’s GDP growth rate to contract 5% in FY21

May 28, 2020
GDP
  • Fitch and S&P Global Ratings has cut India’s GDP growth rate to 5% in the Fiscal Year 2021. The decline in the growth rates has been made due to a slump in the economic activities in the whole country between lockdown imposed to contain COVID-19 pandemic.

Airtel Payments Bank pairs up with Mastercard for farmers, SMEs

May 28, 2020
Airtel Payments Bank
  • Airtel Payments Bank has tied-up with Mastercard to generate customized financial products for Indian farmers and Small and Medium Enterprises (SMEs). These financial products mainly for those territories where there is less access to bank administrations.

RIL launches WhatsApp chatbot to address rights issue queries

May 28, 2020
WhatsApp
  • Reliance Industries Ltd (RIL) has released a “WhatsApp chatbot” to address rights issue queries of its 2.6 million shareholders on the offering.

NPCI releases AI virtual Artificial Intelligence assistant PAi

May 28, 2020
PAi
  • An Artificial Intelligence (AI) based chatbot “PAi” has been released by the National Payment Corporation of India (NPCI).
  • This chatbot has been launched to spread awareness around NPCI’s products such as FASTag, RuPay, UPI, AePS on a real time basis, hence growing the digital financial inclusion in India.

Facebook releases calling application “CatchUp”

May 27, 2020
Facebook releases calling application “CatchUp”
  • A calling application titled as “CatchUp” has been released by the social media major Facebook to coordinate call timings with friends and family members, and will allow users to verify availability of time with a group of up to eight people.

Classical musician Shyamala Bhave passes away

May 27, 2020
Shyamala Bhave
  • Classical musician Shyamala G. Bhave who was having the same control over Hindustani as well as Carnatic music passed away. She had also made music in India’s first Sanskrit serial named “Kadambari”.

NASA renamed its telescope after ‘Mother of Hubble’ Nancy Grace Roman

May 27, 2020
NASA
  • The National Aeronautics and Space Administration (NASA) has renamed its succeeding-generation space telescope “Wide-Field Infrared Survey Telescope (WFIRST)” in praise of Nancy Grace Roman.

PK Nair appointed as new Indian Ambassador to Niger

May 27, 2020
PK Nair appointed as new Indian Ambassador to Niger
  • The government of India has declared the appointment of Prem K Nair as Indian Ambassador to the Republic of Niger. He will replace Rajesh Agarwal.

Major Suman Gawani honored with UN Military Gender Advocate Award

May 27, 2020
Major Suman Gawani
  • Indian Army officer Major Suman Gawani is going to be conferred the UN Military Gender Advocate of the Year 2019. She was placed in South Sudan under the United Nations Mission.

Rajiv Joshi gets NYIPLA Inventor of the year Award 2020

May 27, 2020
Rajiv Joshi
  • Rajiv Joshi has received the prestigious NYIPLA “Inventor of the Year award” for the year 2020 for his contribution to developing the electronic industry and enhancing artificial intelligence (AI) capabilities.

LIC begins “PM Vaya Vandana Yojana” for senior citizens

May 27, 2020
PM Vaya Vandana Yojana
  • Life Insurance Corporation of India (LIC) has declared the start of modified Pradhan Mantri Vaya Vandana Yojana, a social security scheme for senior citizens.

440 meter-long Tunnel under Chardham Pariyojana in Chamba originated

May 27, 2020
440 meter-long Tunnel under Chardham Pariyojana in Chamba originated
  • Union Minister for Road Transport, Nitin Gadkari has introduced the 440 meter-long tunnel as part of the Chardham Connectivity Project in Chamba.
  • It will significantly lessen the time taken by travelers on the Rishikesh-Dharasu and Gangotri stretch of the Chardham Highway (NH 94).

Webinar on “Van Dhan Scheme: Learnings for post-COVID-19”

May 27, 2020
Department of Science and Technology, Government of Rajasthan
  • A Webinar under Know Your Scheme-Lecture Series on “Van Dhan Yojana: Learning For Post Covid-19” was launched by the Department of Science and Technology, Government of Rajasthan in agreement with Trifed, Ministry of Tribal Affairs, Government of India.

Salman Khan begins his new grooming brand FRSH

May 27, 2020
FRSH
  • Salman Khan released his new grooming and special care brand FRSH. Khan is always seen releasing his films on the occasion of Eid but because of COVID-19 lockdown, film releases and film shoots have been put on a break.

Bollywood star Mohit Baghel passes away

May 26, 2020
Mohit Baghel
  • Bollywood star Mohit Baghel passed away because of cancer. He started his career with the comedy show “Chote Miyaan”. He was best known for playing Amar Chaudhary in superstar Salman Khan’s “Ready”.

Japanese ace wrestler Hana Kimura passes away

May 26, 2020
hana kimura
  • Japanese ace wrestler, Hana Kimura passed away. She won her first title at the Japan Pro-Wrestling (JWP) Junior plate in 2016 and joined Stardom in 2019.

American tennis star Jamie Hampton declares retirement

May 26, 2020
Jamie Hampton
  • American tennis player Jamie Hampton has declared that she is taking retirement from professional tennis.
  • Former World Top 25 player played her last official match 6 yrs ago when she was ranked 24th in the world.

“Zaggle” ties-up “Visa” for innovative payment solutions for SMEs

May 26, 2020
  • In order to launch innovative payment solutions for small and medium enterprises (SMEs) and startups, a Fintech startup Zaggle has paired-up with payments technology major “Visa”.

REC Limited & TajSATS to give meals to frontline healthcare workers

May 26, 2020
REC Limited
  • REC Limited has paired-up with TajSATS, a joint venture of IHCL and SATS Ltd, to give nutritious meals to frontline healthcare workers.
  • Both entities are leading the mission to give meals to the medical staff in key government hospitals along with daily wage laborers.

Manipur’s “Khudol” placed among the top 10 global initiatives

May 26, 2020
UN
  • Manipur’s “Khudol” has been placed among the top 10 global initiatives for an inclusive fight against the COVID-19 pandemic.“Khudol” initiative was started by an Imphal-based NGO “Ya_All”.

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