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Daily Archives: April 13, 2023

April 13, 2023 -_4.1

United Nations: India’s economic growth projected to decelerate to 6% in 2023 from 6.6% in 2022

As per the latest Trade and Development Report Update released by the United Nations Trade and Development Conference (UNCTAD), India’s economic growth is expected to slow down from 6.6% in 2022 to 6% in 2023. The report also predicts a decline in global growth in 2023 to 2.1% from the previously projected 2.2% in September …

April 13, 2023 -_5.1

HDFC Bank Signs $300 Million Credit Agreement with Export-Import Bank of Korea

HDFC Bank partners with Export-Import Bank of Korea for a $300m credit agreement HDFC Bank, the leading private sector bank in India, has signed a Master Inter Bank Credit Agreement with the Export-Import Bank of Korea, with a total value of US $300 million. The signing ceremony took place in GIFT City, Gujarat, and aims …

April 13, 2023 -_6.1

PM Modi flags off Rajasthan’s first Vande Bharat Express train

Prime Minister Narendra Modi launched Rajasthan’s first Vande Bharat Express train via video conferencing, which is the 15th such train in the country. The prime minister emphasized that the Vande Bharat Express symbolizes development, modernity, self-reliance, and stability, enriching the spirit of ‘India First, Always First’. He also mentioned that the train will greatly benefit …

April 13, 2023 -_7.1

Canara Bank and NPCI Launch Cross-Border Bill Payment Service for Indians in Oman

Canara Bank and NPCI join forces to launch bill payment service for Indians in Oman Canara Bank and NPCI Bharat BillPay Ltd (NBBL) have collaborated to launch a service that allows Indians residing in Oman to make payments for their bills in India. Canara Bank has achieved a significant feat by becoming India’s first public …

April 13, 2023 -_8.1

RBI issues norms for acceptance of green deposits by banks

The Reserve Bank of India (RBI) released comprehensive instructions for banks and non-banking financial companies (NBFCs) regarding the acceptance of ‘green deposits’. These deposits can be utilized for financing ventures such as renewable energy, green transport, and green buildings. Buy Prime Test Series for all Banking, SSC, Insurance & other exams RBI’s framework to encourage …

April 13, 2023 -_9.1

International Conference on Defence Finance and Economics

On April 12, 2023, the Ministry of Defence (Finance) hosted the International Conference on Defence Finance & Economics with the goal of facilitating discussions and partnerships among prominent policymakers, academics, and government officials from both India and other countries.On April 12, 2023, the Ministry of Defence (Finance) hosted the International Conference on Defence Finance & …

April 13, 2023 -_10.1

World’s ‘most criminal countries’ ranking: India behind US, UK at 77 spot

World of Statistics has shared the ranking of the world’s “most criminal countries”. On the list, Venezuela has been ranked top, followed by Papua New Guinea (2), Afghanistan (3), South Africa (4), Honduras (5), Trinidad (6), Guyana (7), Syria (8), Somalia (9) and Jamaica (10), respectively.  India stood at 77 spots while the US and …

April 13, 2023 -_11.1

Bangladeshi Freedom fighter, public health pioneer Dr Zafrullah Chowdhury passes away

Dr. Zafrullah Chowdhury, a renowned public health activist and veteran fighter of the Liberation War, passed away in Dhaka, Bangladesh at the age of 81. He had been admitted to Gonoshasthaya Nagar Hospital the previous week, and had been on life support since Monday due to kidney-related ailments and other age-related health problems. Buy Prime …

April 13, 2023 -_12.1

India ranks 5th in countries with most AI investment

Stanford University’s AI Index report states that India is ranked fifth in terms of investments received by startups offering AI-based products and services in 2022. AI startups in India received a total investment of $3.24 billion, surpassing countries such as South Korea, Germany, Canada, and Australia. However, India is still behind the US, China, the …