The International Monetary Fund (IMF) has sharply scaled down India's economic growth projection by 300 basis points to 9.5 per cent for the current financial year from 12.5 per cent estimated earlier in April.
Internationa Finance Corporation (IFC), the investment arm of the World Bank Group, has provided a loan of $250 million ( Rs. 1,875 crores) to HDFC, to promote affordable green housing finance for low and middle-income borrowers.
Japan's Momiji Nishiya became one of the youngest individual Olympic champions in history when she won the inaugural women's skateboarding gold at the age of 13 years and 330 days.
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