The Union Government has decided to set up a National Centre of Excellence for Animation, Visual Effects, Gaming and Comics for creating a world-class talent pool in India to cater to the Indian as well as a global industry. It will be set up in collaboration with the Indian Institute of Technology, Bombay.
Najib Mikati has become the new Prime Minister of Lebanon with 72 votes in the Parliament. This will be Mikati's third time serving as the Prime Minister of the country.
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.
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.
EXAMIANS