Rating agency Moody's has revised downwards the economic growth forecast of India by 40 basis points to 9.1 percent in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy.
The Executive Board (EB) of the International Olympic Committee (IOC) reiterated IOC's strong condemnation of the breach of the Olympic Truce by the Russian government as well as the Belarus government for supporting and helping Russian attacks in Ukraine.
The SWIFT system stands for the Society for Worldwide Interbank Financial Telecommunication. It is the world's leading provider of secure financial messaging services.
ICICI Bank is set to acquire a 5% stake in National Asset Reconstruction Company Limited (NARCL) for a total cash consideration of up to Rs 137.5 crore in tranches.
EXAMIANS