India
Bharat Parv 2021 being organised on a virtual platform
Bharat Parv 2021, a festival to celebrate the spirit of India, is being organised on a virtual platform from January 26 to 31, 2021. Lok Sabha Speaker Om Birla inaugurated the Bharat Parv-2021.
Bangladesh tri-service contingent marches in Republic Day parade
As New Delhi and Dhaka celebrate the 50th anniversary of the 1971 Liberation War, a 122-member tri-Service contingent of Bangladesh marched on Rajpath at the Republic Day parade in New Delhi on January 26, 2021. It had soldiers drawn from the units of 1971.
Akshay Kumar launches mobile action game FAU-G
Akshay Kumar launched the mobile action game ‘Fearless and United Guards (FAU-G). The initial episode of the game is based in the Galwan Valley in Ladakh and the rest of the episodes will be set in other Indian battlegrounds. The game is free to download and play while the users will have to pay for several premium features like skins of their avatars.
Economy & Corporate
India’s economy to grow 11.5% in FY22 fiscal, 6.8% in FY23 fiscal: IMF
India’s economy is expected to bounce back strongly in the next fiscal year with 11.5% growth, the International Monetary Fund (IMF) said in its World Economic Outlook (WEO) update released on January 26, 2021. India is the only major economy forecast to grow in double digits next year and forecast to follow that up with the highest 6.8% rise in the FY23 fiscal.
India’s economy to grow at 7.3% in 2021: UN DESA
India’s economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 because of lockdowns and other efforts to control the Covid-19 pandemic slashed domestic consumption, the World Economic Situation and Prospects 2021, produced by the United Nations Department of Economic and Social Affairs (UN DESA), revealed.
Dhanlaxmi Bank Board approves appointment of Shivan as MD and CEO
Board of Directors of Kerala-based Dhanlaxmi Bank have given approval to appoint J K Shivan as managing director and CEO of the Bank.
World
US: President Joe Biden signs ‘Buy American’ executive order
President Joe Biden signed an executive order on January 25, 2021 to boost government buying from U.S. manufacturers. Biden’s order would modify the rules for the Buy American program, making it harder for contractors to qualify for a waiver and sell foreign-made goods to federal agencies. It also changes rules so that more of a manufactured good’s components must originate from U.S. factories.
US: Joe Biden signs order to reverse Trump’s transgender military ban
President Joe Biden signed an executive order that brought in a policy of including all qualified Americans to serve in the US military, effectively overturning a ban on transgender persons that was introduced by the former Trump administration, the White House said on January 25, 2021.
US: Senate confirms Janet Yellen as first woman treasury secretary
The United States Senate on January 25, 2021 confirmed economist and former Federal Reserve Chairperson Janet Yellen as first woman Treasury Secretary of the United States.
