Fitch Ratings stated India is expected to clock a GDP growth of 6 per cent in the next financial year, as Budget 2020 has not “materially altered” its view on the country’s growth outlook.
The ninth edition of India -Bangladesh Joint Military Exercise SAMPRITI-IX began at Umroi, Meghalaya. The main focus of this edition of the fourteen days joint exercise is on Counter-Terrorism Operations in mountainous and jungle terrain.
India has banned exports of all kinds of personal equipment for protection, including clothing and face masks used to save people from air borne particles.
India will host the on the 75th anniversary of G-20 Presidency in 2022 and Rs 100 crore has been shared out for this purpose said Finance Minister Nirmala Sitharaman.
Indian Navy launched operation Vanilla to send relief supplies to cyclone-hit Madagascar using its naval ship INS Airavat. It is to provide humanitarian assistance and disaster relief at Madagascar.
Indian Space Research Organisation (ISRO) has declared that it is making low-cost satellite launch vehicles costing approx 30-35 crores rupees each, which can put into orbit satellites weighing 500 kgs.
India and Maldives signed five MoUs for initiating the Addu Tourism zone in five islands of Addu atoll at a cost of 2.49 million dollars.
A 14-day Indo-Bangladesh joint military training exercise, Sampriti-IX, will be conducted at Umroi, Ri-Bhoi, Meghalaya from 3rd of February. Command Post Exercise (CPX) and a Field Training Exercise (FTX) will be conducted during joint military exercise.
After China, India is ranked as the second largest emerging Green Bond Market by Economic Survey. India also joined IPSF( International Platform on Sustainable Finance ) in 2019 to measure environmentally sustainable investments.
Taranjit Singh Sandhu takes charge as the new Indian Ambassador to the United States. He will succeed Ambassador Harsh Vardhan Shringla. Sandhu is the current High Commissioner of India to Sri Lanka since January 24, 2017. Sandhu’s appointment is also crucial as India is facing criticism from the US Congress over Citizenship Amendment Act (CAA) and Kashmir policy following abrogation of Article 370.
Sandhu, a 1988-batch IFS officer, has served twice before at the Indian mission in the US. He was Deputy Chief of Mission at the Indian embassy in Washington between July 2013 and January 2017. Sandhu also held the position of First Secretary at Embassy of India, Washington responsible for liaison with the US Congress from 1997-2000. Between July 2005 and February 2009, Sandhu was posted at India’s Permanent Mission to the UN in New York.