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Daily Archives: December 3, 2021

December 3, 2021 -_4.1

DBS revises India’s FY2023 growth forecast to 7 per cent

The Singapore-based DBS Bank’s economic research team has revised India’s FY23 growth forecast upwards to 7 per cent year-on-year (y-o-y) (CY2022 6.5 per cent) from 6 per cent earlier. The DBS team assessed that into FY23, beyond the thrust from reopening gains, precautionary savings and sectoral normalisation to pre-pandemic levels, Capex generation is likely to …

December 3, 2021 -_5.1

India, Bangladesh to celebrate Maitiri Diwas on 6 December

India and Bangladesh have decided to celebrate December 6, the day on which India formally recognized Bangladesh, as “Maitri Diwas” (Friendship Day). During the visit of PM Narendra Modi to Bangladesh in March 2021 to attend the national day of Bangladesh, it was decided to commemorate 6 December as Maitri Diwas (Friendship Day). Ten days before …

December 3, 2021 -_7.1

India-ITU joint CyberDrill 2021 for Indian entities

International Telecommunication Union (ITU) and the Department of Telecommunications operating under the Ministry of Communications conducted a Joint Cyber Drill 2021. The cyber drill was conducted for the Critical Network Infrastructure operators of India. The Critical Network Infrastructure are the systems, assets and networks that are essential to ensure the security of a country. Buy …

December 3, 2021 -_8.1

Walmart & Flipkart signed an MoU with MP govt to support MSMEs

Walmart and its subsidiary Flipkart have signed an MoU with the Department of Micro, Small, and Medium Enterprises, Government of Madhya Pradesh to create an ecosystem of capacity building for MSMEs in Madhya Pradesh. Under this MoU, Walmart, Flipkart, and MSME Department will assist MSMEs to digitize their business and enable them to sell their …

December 3, 2021 -_9.1

Himachal Pradesh Police honoured with ‘President’s Colour’ award

Himachal Pradesh Police has conducted the ‘President’s Colour Award’ ceremony at Shimla’s historic Ridge Ground. The Governor bestowed the ‘President’s Color Award’ to the State Police on this occasion. Director-General of Police Sanjay Kundu received the award on the behalf of state police. The Chief Guest was Governor Rajendra Vishwanath Arlekar, while Chief Minister Jai …

December 3, 2021 -_10.1

Gita Gopinath to replace Okamoto as IMF’s No. 2 official

International Monetary Fund Chief Economist, Gita Gopinath is set to take over from Geoffrey Okamoto as the institution’s No. 2 official. It is going to be a historic movement when International Monetary Fund has the female at its first two leading positions. The IMF has done some changes in the roles and responsibilities of the fund’s …

December 3, 2021 -_11.1

Bangladesh, US kick off bilateral exercise CARAT

US military personnel and Bangladesh Navy (BN) began the 27th annual Cooperation Afloat Readiness and Training (CARAT) maritime exercise virtually from 1 December in the Bay of Bengal. The nine-day exercise focuses on a wide range of naval capabilities and includes cooperative actions that demonstrate the US and Bangladesh’s capacity to work together to ensure …