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Goldman Sachs drops India’s GDP growth forecast for 2020-21 to -0.4%

May 10, 2020

American multinational financial services company Goldman Sachs Group, Inc. has declared India’s GDP (Gross domestic product) growth for 2020-21 (FY21) at -0.4% due to lockdown.

Renowned historian Hari Shankar Vasudevan passes away

May 10, 2020

Famous historian Hari Shankar Vasudevan passed away due to COVID-19. He was renowned worldwide for his work on Russian and European history and Indo-Russian relations.

“Mission Sagar” begun by India to serve island nations in EIO

May 10, 2020

“Mission Sagar” has been started by the Government of India to provide support to Eastern Indian Ocean Region Nations.
“Indian Naval Ship Kesari has departed for Maldives, Mauritius, Seychelles, Madagascar, and Comoros, to supply Food Items, COVID related Medicines including HCQ Tablets and Special Ayurvedic Medicines.

Wipro CEO Abidali Neemuchwala to resign

May 10, 2020

Tech giant Wipro Limited has declared that Chief Executive Officer and Managing Director Abidali Z Neemuchwala has decided to resign due to family commitments.

AIIB allows $500 million loan for India’s Covid-19 response

May 9, 2020

Asian Infrastructure Investment Bank (AIIB) has allowed a loan worth $500 million for India’s ‘COVID-19 Emergency Response.
The assistance will aid India to scale up efforts to restrict the transmission of instances, increase the public health system to broaden its response capability, and to enhance preparedness to handle future outbreaks.

India inks MoUs with Russia for coking coal

May 9, 2020

India and Russia inked their energy partnership by increasing crude oil imports from Russia and possibly signing a memorandum of understanding to import coking coal to meet the demands of the Indian steel industry.

Defense Ministry inks pact with Tata Power to modernize 37 Airfields

May 9, 2020

The Ministry of Defence has inked a pact with the TATA POWER SED to modernize the infrastructure of 37 airfields of the Indian Air Force. The total cost of the project is approximated to be around Rs 1,200 crore.

ICMR pairs India Post for delivery of COVID-19 testing kits

May 9, 2020

Indian Council of Medical Research (ICMR) has enrolled in a pair-up with the India Post for delivery of its coronavirus COVID-19 testing kits.
These kits are taken from ICMR 16 regional depots to 200 additional labs designated for coronavirus testing all over the country.

Jharkhand govt bans Pan Masala for 1 year

May 9, 2020

The Jharkhand government has banned 11 brands of Pan Masala for one year in the state. The order was stated by the Commissioner of Food Safety in the state, Nitin Kulkarni.

UP government begins “Pravasi Raahat Mitra” App

May 9, 2020

Uttar Pradesh’s government has begun a “Pravasi Raahat Mitra” App on 8th May to connect migrants with schemes and jobs.
The app is produced in coordination with the United Nations Development Programme (UNDP).

Tamil Nadu government extends retirement age to 59

May 9, 2020

Tamil Nadu government extends the retirement age of the government staff, teachers, and those in public sector units from 58 years to 59 years.
Those who are due for retirement on May 31 this year will now retire on May 31, 2021.

Rajnath Singh originates Kailash Mansarovar road link via video conference

May 9, 2020

Union defence minister Rajnath Singh on 8^th May originated 75-km long Kailash Mansarovar road link in Uttarakhand’s Pithoragarh through video-conferencing.

Kumar Sangakkara ready for 2nd term as MCC President

May 9, 2020

Kumar Sangakkara is set to serve his second term as the president of Marylebone Cricket Club (MCC).
He became the first non-British President of the club when he assumed office on October 1 last year

World Migratory Bird Day celebrated on 9 May

May 9, 2020

World Migratory Bird Day celebrated on May 9 to raise consciousness about conservation and ecological importance of such birds in the global ecosystem.
Theme 2020: “Birds Connect Our World”

China ejects new rocket “Long March 5B” successfully

May 8, 2020

China has triumphantly ejected a new rocket named “Long March 5B” into space as it steps up Moon landing plans.
This rocket is ejected in the Wenchang launch site that is located on the island of Hainan, China.

GoI starts ‘Vande Bharat Mission’ exercise to bring Indians from abroad

May 8, 2020

The Government of India has started its biggest-ever evacuation exercises called the “Vande Bharat Mission”. In this exercise, the government bring back nearly 15,000 Indian nationals stranded abroad due to the coronavirus lockdown

8 May celebrated as World Thalassemia Day 2020

May 8, 2020

To respect patients suffering from this disease, World Thalassemia Day is observed on 8 May.
Theme 2020: ‘The dawning of a new era for thalassemia: Time for a global force to make novel therapies available and affordable to patients’.

8th May observed as World Red Cross Day

May 8, 2020

World Red Cross Day, also known as Red Crescent Day, is observed on 8th May. It is an annual celebration of their principles. The day is celebrated by the Red Cross society across all the countries.

UNEP continues actress Dia Mirza term as goodwill ambassador till 2022

May 8, 2020

The United Nations Environment Programme (UNEP) on 7^th May continued environmentalist and actor-producer Dia Mirza’s term as its National Goodwill Ambassador for another two years till the end of 2022.

Moody’s pins FY21 GDP growth at 0%

May 8, 2020

Moody’s Investors Service on 8^th May displayed India’s growth at 0 percent for the current fiscal and said the negative outlook on the sovereign rating displays rising risks that GDP growth will remain significantly lower than in the past.

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