Nandu Netekar, legendary badminton player of India passed away at the age of 88. The news was confirmed by his son, Gaurav Natekar. Nandu Natekar was the first Indian badminton player to win an International Title in 1956.
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.
World Health Organization is observed on 28th July every year as "World Hepatitis Day". This day is celebrated to enhance awareness of viral hepatitis, an inflammation of the liver that causes a range of health problems, including liver cancer.
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.
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.