IMF projects India’s GDP to contract 10.3% in 2020
October 14, 2020
- The International Monetary Fund (IMF) has projected the Indian economy to contract by 10.3 per cent in 2020-21.
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Axis Bank in partnership with Google Pay launches ACE Credit Card
October 14, 2020
- Axis Bank in partnership with Google Pay launches ACE Credit Card with an aim to bring a seamless, digital experience to users from application to issuance.
RBI: Maximum aggregate exposure limit for small businesses to Rs 7.5 crore
October 14, 2020
- The Reserve Bank of India (RBI) now raised banks’ maximum aggregate retail exposure limit to small businesses with turnover up to Rs 50 crore to Rs 7.5 crore, up from Rs 5 crore.
Bangladesh approves Death Penalty for Rape Cases
October 14, 2020
- Bangladesh Cabinet has approved the death penalty as a maximum punishment for rape cases and sexual assaults in the country.
Kerala: First State in India to go Digital in Public Education
October 14, 2020
- Kerala State has become the First State in India to make the Public Education Sector completely digital which has been implemented at a cost of Rs.42.36 crores.
Goa Govt partnered with India Post to get farmers enrolled in PM-KISAN scheme
October 14, 2020
- The Goa Government has tied up with India Post to get 11,000 farmers enrolled in the Pradhan Mantri Kisan Sanman Nidhi scheme.
To mark Philately Day, Stamped Mask & Virtual i-Card launched by India Post
October 14, 2020
- To mark Philately Day, Indian Post launched Stamped Mask & Virtual i-Card. The Stamped mask contains images of postage stamps imprinted on them. This virtual card containing the name, beat number, area of service, contact number and photo of the postman / postwoman.
To manage revenue shortfall, Central Government allows 20 States to raise Rs 68,000 crore
October 14, 2020
- The Department of Expenditure under the ministry of Finance permitted 20 States to borrow Rs 68,825 crore open market borrowings for GST Shortfall.
14th October is observed as World Standards Day
October 14, 2020
- Every year World Standards Day or International Standards Day is observed globally on 14 October.
- The 2020 theme is “Protecting the planet with standards”.
Nagaland’s Environment Minister C M Chang passes away
October 13, 2020
- Nagaland’s environment minister, C M Chang passed away due to COVID-19.
Los Angeles Lakers wins 17th NBA Championship
October 13, 2020
- The Los Angeles Lakers won the National Basketball Association (NBA) Championship 2020 by defeating the Miami Heat.
Aava Murto becomes Finland’s PM post for a day
October 13, 2020
- A 16-year old Aava Murto assumed the post of Finland’s Prime Minister for one day on 7th October 2020 to raise awareness about gender equality under the “Girls Takeover” Program.
ADB approves 300 million US dollar loan to Rajasthan
October 13, 2020
- India and the Asian Development Bank (ADB) has signed a 300 million US dollar loan to finance inclusive and sustainable water supply and sanitation infrastructure and services in 14 secondary towns of the state of Rajasthan.
Andhra Pradesh CM launches “Jagananna Vidya Kanuka” scheme
October 13, 2020
- Andhra Pradesh Chief Minister, YS Jagan Mohan Reddy has launched a new scheme named the ‘Jagananna Vidya Kanuka’ scheme to distribute school kits among the poor children of the state.
Mobile water testing labs launched
October 13, 2020
- A mobile water testing laboratory van, fully equipped with a multi-parameter system containing analysers, sensor, probes and instruments meant for assessing water quality is recently launched by the Haryana government.
1st state to have completely digital, hi-tech classrooms: Kerala
October 13, 2020
- Kerala has become the first state in the country to have high-tech classrooms in all its public schools. It was declared by Kerala CM Pinarayi Vijayan.
eSanjeevani telemedicine service completes 5 lakh consultations
October 13, 2020
- eSanjeevani telemedicine initiative of the Union Health Ministry has recorded the completion of 5 lakh teleconsultations so far
13 October observed as International Day for Disaster Reduction
October 13, 2020
- Every year the United Nations observes International Day for Disaster Reduction globally on 13th October.
- Theme: ‘Disaster risk governance’
Rafael Nadal wins French Open 2020
October 12, 2020
- Rafael Nadal beats Novak Djokovic to win the men’s 2020 French Open Title.
- In Women’s single, Iga Swiatek of Poland, claimed a historic win, by becoming the youngest woman to win the title in the history of the championship by defeating Sofia Kenin, of the United States.
Coastal security exercise “Sagar Kavach” concludes
October 12, 2020
- The Indian Navy along with Indian Coast Guard and all stakeholders involved in Coastal Security has conducted a two-day Coastal Security Exercise namely ‘Sagar Kavach’ conducted from the coast of Kerala.
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