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Daily Archives: June 18, 2020

June 18, 2020 -_3.1

India elected as non-permanent member of UN Security Council

India has been elected as the non-permanent member of the United Nations Security Council. India has won the election for a two-year term after winning 184 votes in the 193-member General Assembly. India won the non-permanent seat from the Asia-Pacific category for the 2021-22 term which will begin on 1st January 2021. Earlier India has …

June 18, 2020 -_4.1

Fitch Ratings retains India’s sovereign rating at “BBB-“

Fitch Ratings has retained India’s sovereign rating at the lowest investment grade of “BBB-“, while the rating agency has revised downward its rating outlook for India to negative from stable. Fitch has cited increasing risk to the India’s growth and debt outlook, as a reason for the above ratings. Click Here To Get Test Series …

June 18, 2020 -_5.1

HDFC ERGO partners with TropoGo to launch “Pay As You Fly” Insurance

HDFC ERGO General insurance firm has partnered with UK based tech firm TropoGo Limited to launch India’s 1st ‘Pay as you Fly’ insurance for drone-owners in India. This policy, which can be offered on-demand to commercial drone owners and operators, give life assurance for Third Party Liability Claims. Click Here To Get Test Series For …

June 18, 2020 -_7.1

Two Indian firms in WEF’s 2020 Technology Pioneers

World Economic Forum (WEF) has announced its 2020 cohort of Technology Pioneers. WEF has unveiled 100 new tech firms awardees which are leaders in carbon capture, alternative meat and circular economies, while some of them aims to address food security, financial access etc. The 20th cohort of Technology Pioneers comprised 2 Indian firms namely: ZestMoney …

June 18, 2020 -_9.1

AIIB approves $750 million loan for India’s Covid-19 response

Asian Infrastructure Investment Bank (AIIB) has affirmed a USD 750 million (around Rs 5,714 crore) loan to India to enable the legislature to fortify its fight against the antagonistic effect of COVID-19 on poor and vulnerable households. Click Here To Get Test Series For SBI PO 2020 AIIB’s total sovereign advances to India that have …

June 18, 2020 -_11.1

Maruti Suzuki partners with Karur Vysya Bank for flexible financing

Maruti Suzuki India (MSI) has collaborated with Karur Vysya Bank to offer simpler and flexible financing plans for new clients. Through the association with the bank, the company is trying to offer imminent purchasers exceptional plan of up to 100 per cent on-road funding with six months holiday period on all models, except van EECO, loans …

June 18, 2020 -_12.1

Vivendi partners with Ricky Kej for “My Earth Concert for Kids”

French integrated content, media and communications group, Vivendi has partnered with Grammy winner Ricky Kej for “My Earth Concert for Kids”. Ricky Kej is an Indo-American composer, music producer and environmentalist. Click Here To Get Test Series For SBI PO 2020 The event will be live-streamed and broadcast globally on World Music Day, June 21. …