President of India, Ram Nath Kovind has presented the 'President's Standard' to the 22nd Missile Vessel Squadron of the Indian Navy, which is also known as the Killer Squadron at the ceremonial parade held at the Naval Dockyard, Mumbai, Maharashtra.
Pune is going to host a multilateral and multi-agency exercise named "PANEX-21" for the member countries of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation).
Fitch Ratings has cut India's economic growth forecast to 8.4 per cent, earlier it was estimated at 8.7 per cent for the current fiscal year (2021-22, or FY22).