India’s GDP projected to grow at 6.8 per cent in FY25: S&P Global Ratings

naveen

Moderator

1 India’s GDP projected to grow at 6.8 per cent in FY25: S&P Global Ratings​


cu-20241211102419.jpg


S&P Global Ratings on Tuesday said that the Indian economy could grow at a rate of 6.8 percent in FY25 . At the same time, this rate is estimated to be 6.9 percent in FY26. This is due to strong urban consumption, stable growth rate of the service sector and increased investment in infrastructure. The estimate of India’s growth rate in FY25 by S&P Global Ratings is higher than the Reserve Bank of India’s (RBI) estimate of 6.6 percent . The report of the global credit ratings agency said that the GDP growth rate is expected to increase to 7 percent in FY27. Apart from this, it said that Indian GDP will remain the fastest growing economy in the world in the current financial year as well as in the coming years.

2 One Nation, One Subscription plan will start from January 1​


cu-20241211104723.jpg


One Nation, One Subscription scheme will start in the country from January 1. Under this scheme, about 1.8 crore students of state-funded higher education institutions including universities and IITs will benefit. Under the ‘One Nation, One Subscription’ initiative, access will be available to research papers published in top journals across the world from January 1. Under the first phase of the ONOS initiative, researchers will be made available more than 13,400 international journals covering science, technology, engineering, medicine, mathematics, management, social sciences. Under this initiative, 451 state-level public universities, 4,864 colleges, 172 institutes of national importance will be among the 6,380 higher education and research institutions that will get access to top journals published by 30 publishers including Elsevier, Springer Nature and Wiley. This initiative has been launched as a central sector scheme at a cost of Rs 6,000 crore for a period of three years.

3 Jharkhand Mukti Morcha leader Ravindra Nath Mahato was elected Speaker of Jharkhand Assembly for the second time​


cu-20241211113719.jpg


Jharkhand Mukti Morcha leader Ravindra Nath Mahato was unanimously elected the Speaker of the Jharkhand Legislative Assembly for the second time . Chief Minister Hemant Soren congratulated Ravindra Nath Mahato on his election and expressed confidence that he will conduct proceedings impartially while maintaining the tradition of the House.

4 Punjab: Governor Gulab Chand Kataria flagged off a two-day People’s Walk as part of the Nasha Mukt Rangla Punjab campaign​


cu-20241211113916.jpg


Punjab Governor Gulab Chand Kataria flagged off a two-day People’s Walk as part of Nasha Mukt Rangla Punjab Campaign to promote a drug-free Punjab . The walk was flagged off from Vyas village in Jalandhar district , the village of world-renowned 113-year-old Indian marathon runner Fauja Singh . He walked 8 kms with the Governor. Describing marathon runner Fauja Singh as a symbol of a drug-free India, the Governor called upon the people to join the walk and support the society in making Punjab drug-free.

5 Gaganyaan Mission: ISRO carried out ‘well deck’ recovery operation with Navy​


cu-20241211104519.jpg


Big news has come about India’s first human mission Gaganyaan . For the Gaganyaan mission, ISRO has conducted ‘ well deckrecovery operation trials with the Indian Navy . Well deck recovery trials of the crew module were conducted using a well deck ship off the coast of Visakhapatnam at the Eastern Naval Command. Actually, India aims to send astronauts 400 km above by 2025. The first batch of the crew recovery team of ISRO’s ‘Mission Gaganyaan’ has been trained in various sea conditions by a team of naval divers and marine commandos at the Navy’s Water Survival Training Facility (WSTF) in Kochi. According to ISRO, the Gaganyaan project envisages a crew of three members for a three-day mission by launching them into an orbit of 400 km and landing in Indian sea waters. After this, it is envisaged to demonstrate human space flight capability by bringing them back safely to Earth. This trained team will join the launch team of ISRO’s ‘Mission Gaganyaan’.

6 Powerful volcanic eruption in the Philippines​


cu-20241211100519.jpg


Thousands of people in the Negros Islands have been affected by the eruption of the Kanlaon volcano in the Philippines . Scientists have asked about 54 thousand people living within a radius of six kilometers of the Kanlaon volcano to immediately move elsewhere.

7 Prime Minister Modi congratulates the Indian contingent for its historic performance at the 10th Asia Pacific Deaf Games-2024​


cu-20241211110125.jpg


Prime Minister Narendra Modi has congratulated the Indian contingent for its historic performance at the 10th Asia Pacific Deaf Games-2024 held in Kuala Lumpur . Shri Modi praised the talented players who made the country proud by winning 55 medals . This is India’s best ever performance in these games. India’s 68-member team won eight gold, 18 silver and 29 bronze medals and ranked fifth among 21 countries . This is the country’s best ever performance in these games since they began in 1984. The Asia Pacific Deaf Games are held every four years.

8 India finished sixth in the Asian Women’s Handball Championship in Delhi​


cu-2024121110511.jpg


India finished sixth in the Asian Women’s Handball Championship in Delhi . In the deciding match for fifth-sixth place, China defeated India 41-30. Japan won the title of this championship by defeating South Korea . In the final, Japan won 25-24 in a close match. Kazakhstan defeated Iran and secured third place. Iran remained at fourth place.

9 ICC banned America’s National Cricket League​


cu-20241211114237.jpg


The International Cricket Council (ICC) has banned America ‘s National Cricket League (NLC) . The ICC wrote a letter to the United States of America Cricket (USAC) informing them of its decision not to approve future editions of the league. According to ICC rules, every team playing in the league should have at least 7 American players in its playing eleven, but in many matches 6-7 foreign players were fielded. Drop-in pitches were used in the matches, which were very bad. The pitches were so bad that Wahab Riaz and Tymal Mills had to bowl spin so that the batsmen would not get hurt.

10 At the age of 9, Aarith Kapil became the first Indian to defeat a 66-year-old Grandmaster​


cu-20241211114349.jpg


Delhi -based chess player Aarjit Kapil has become the first Indian to defeat a 66-year-old Grandmaster . He is just 9 years, 2 months and 18 days old and has defeated American Grandmaster Rased Ziyatdinov, who is 57 years older than him. He is the third youngest player in the world to defeat a Grandmaster in classical time control . In this case, Indian-origin Ashwath Kaushal of Singapore has defeated a Grandmaster at the age of 8 years 6 months and Leonid Ivanovic of Serbia has defeated a Grandmaster at the age of 8 years 11 months. Ziyatdinov is a master of white pieces, but Aarjit answered his every move and defeated him in the 63rd move. He was also a part of the 61st National Championship held in Gurugram in August. However, his rank was 183rd then.

11 Human Rights Day​


cu-20241211111636.jpg


Human Rights Day is observed every year on 10 December to commemorate the United Nations Declaration of Human Rights . The Universal Declaration of Human Rights was adopted and enacted by the United Nations General Assembly in 1948. It was adopted as a common standard for the protection of human rights across the world. This year’s theme of Human Rights Day is Our Rights, Our Future, Now . It further strengthens the belief that human rights are not just an aspiration but a practical tool to empower individuals and communities to build a better future.

12 Former Karnataka Chief Minister and former Union Minister S.M. Krishna passed away at the age of 92​


cu-20241211111719.jpg


Former Karnataka Chief Minister and former Union Minister S. M. Krishna passed away. He was 92 years old and was ill for a long time. S. M. Krishna held many prominent positions during his illustrious political career. He was the Chief Minister of Karnataka from 1999 to 2004 and the Foreign Minister of India from 2009 to 2012. He was also the 18th Governor of Maharashtra between 2004 and 2008 .
 
Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock