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• Twitter CEO Jack Dorsey pledges $1 billion of his wealth for fight
against coronavirus
• World faces ‘worst economic fallout since Great Depression’,
says IMF’s Kristalina Georgieva
• Jeff Bezos tops Forbes billionaires list ($113 billion), Mukesh
Ambani is 17th position with 44.8 billion.
• SAARC Development Fund allocates $5 million for Covid-19
projects
• India to export 90,000 tonnes of surplus wheat to Afghanistan,
Lebanon under G2G arrangement
• India exported 5 tonnes of drug including hydroxychloroquine to
Israel
• Easter festival is celebrated on 12 April
• Apple and Google collaborate to launch COVID-19 contact-tracing
tech
• All 50 states under disaster declaration for first time in US history
• ADB to increase COVID-19 package to $20 billion
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• NTPC launched Hydrogen Fuel bus and car project for Leh, New
Delhi
• IIT-Kharagpur ranked top in India, 57th globally in THE Impact
Rankings
• MP CM Shivraj Singh Chauhan launches Jeevan Shakti Yojana
• Jaishankar to participate in BRICS Foreign Ministers meeting on
response to COVID-19 pandemic
• Punjab varsity launches “Unique” COVID-19 website
• AP launched ‘Covid Pharma’, a mobile application to trace
people buying medicines for fever, cold
• Karnataka tops in total installed renewable capacity: CRISIL
Research report
• IMD releases new list of 169 names of tropical cyclones over
north Indian Ocean
♦International News
• Sri Lanka to seek $400 mn debt swap facility from RBI to meet
short term financial needs
• Iran launches its 1st military satellite “Noor” into orbit
• WHO launched COVID-19 Tools Act Accelerator
• US President Donald Trump Nominates Indian-American Manisha
Singh as Unites States Envoy to OECD
• ADB approves USD 1.5 bn loan to India to fight COVID-19
• WHO map shows parts of Ladakh as Chinese territory
• India’s GDP likely to grow between -0.9% and 1.5% in FY21: CII
(Confederation of Indian Industry)
• India’s forex reserves surge $3.09 billion to $479.57 billion
• Remittances to India likely to decline by 23% in 2020 due to
COVID-19: World Bank
• World Bank approved Rs 585 cr for Himachal Pradesh State
Roads Transformation Project (HPSRTP)
• Vodafone Idea ties up with Paytm to launch ‘Recharge Saathi’
• Ind-Ra cuts India’s FY21 GDP growth further to 1.9%
• RBI announces ₹50,000 crore special liquidity facility for mutual
funds
• CARE Ratings expects GDP growth at 1.1% in FY21
• Transcorp becomes the 1st non-bank company to receive RBI nod
to enter into co-branding arrangements
• HDFC acquires 6.43% stake in Reliance Capital
• CRISIL pegs India’s FY21 economic growth rate at 1.8% from
3.5%
• Airtel signs $1-billion deal with Nokia to get 5G ready
• Axis Bank to buy 29% stake in Max Life for Rs 1,592 crore
• UBS pegs FY21 India growth at -0.4%
• Moody’s slashes India’s growth estimate to 0.2% for 2020 from
2.5%
• Asia-Pacific Economic Cooperation (APEC) economy to reduce
by 2.7 percent in 2020 due to COVID-19
• ADB gives $ 346 mn loan for power sector in rural Maharashtra
• India facilitates $ 150 million foreign currency swap facility to
Maldives due to Covid-19
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