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NATIONAL
–A joint venture company Khanij Bidesh India limited has been set up with the participation of 3 Central Public Sector Enterprises.
-Bureau of Indian Standards (BIS) in collaboration with Ladakh Autonomous Hill Development Council (LAHDC) will work together to promote the pashmina products at the high-level market for the proper value of this fine product of pashmina (Lena-Ladakhi).
ECONOMY
–Ratings agency CRISIL has cut its forecast for India’s GDP growth by20 basis points for FY 2019-20.
RANKS AND REPORTS
–According to the World Bank, India has been pushed to the 7th place in the global GDP rankings in 2018. In 2017, India had emerged as the 6th largest economy.
APPOINTMENTS
–IAS Officer Guruprasad Mohapatra assumed charge as the secretary of the Department for Promotion of Industry and Internal Trade.
–Ravi Capoor, an Indian Administrative Service (IAS) officer, assumed charge of the office of Secretary, Ministry of Textiles in New Delhi.
–Atish Dabholkar, a theoretical physicist from India, has been appointed as the new director of Abdus Salam International Centre for Theoretical Physics (ICTP) in Trieste, Italy. He will succeed Fernando Quevedo, who has led the centre since 2009.
AWARDS
-Indian journalist Ravish Kumar has been awarded the 2019 Ramon Magsaysay Award for “harnessing journalism to give voice to the voiceless”.
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