 Moody’s Investors Service has slashed India’s economic growth forecast to 5.6% for the fiscal year 2019. It stated that the government measures do not address the widespread weakness in consumption demand, as a reason for lowering the growth forecast. It also stated that the economic activity in India will pick up in 2020 and 2021 to 6.6 % and 6.7 % respectively. |
| Source: The Economic Times |
 Andhra Pradesh government has launched the ‘Nadu-Nedu’ programme. The programme aims to introduce English medium from classes 1 to 6 in state-run schools. The scheme will be implemented in 15,715 schools in the first phase. It will cover all schools in three years’ time with a budget of Rs 12,000 crores. The decision to switch over to the English medium in government schools has been taken to uplift the marginalised section of society. |
| Source: The Indian Express |
 Renowned mathematician Vashishtha Narayan Singh passed away. He was born in 1942 in Basantpur village of the Bhojpur district in Bihar, Narayan Singh was said to have challenged Einstein’s theory of relativity. He completed his PhD on cycle vector space theory in 1969 and served as a professor at the Indian Institute of Technology, Kanpur(IITK) and the Indian Statistical Institute(ISI), Kolkata. He was also a visiting professor at Bhupendra Narayan Mandal University, Madhepura, Bihar. |
| Source: The Business Standard |
 Bangladesh has topped the business bribery risk in South Asia according to the Trace Bribery Matrix. Bangladesh has the highest business bribery risk among South Asian courtiers according to the annual ranking for 200 countries. Bangladesh has been placed at 178th position among 200 countries in terms of business bribery risk. Overall, New Zealand, Norway, Denmark, Sweden, and Finland presented the lowest bribery risk. TRACE is a US-based organisation which provides ranking to various countries in terms of the risk of bribery companies face in doing business in those countries. The Trace Bribery Matrix evaluates the countries under 4 parameters i.e. business interaction with the government, anti-bribery deterrence, transparency and civil society oversight. |
| Source: The DD News |
 The 2019 World Kabaddi Cup will take place from December 1 to 9 and will be organised by the Punjab government in Punjab. This year’s tournament will be dedicated to the 550th birth anniversary of Sikh guru, Guru Nanak Dev Ji. Nine teams: India, USA, Australia, England, Sri Lanka, Kenya, New Zealand, Pakistan and Canada are expected to take part in the tournament. |
| Source: The Hindu |
 The new signal fish was found in Lakshadweep sea off Kerala coast, which is the home for unusual species like fish with a unique color. The name of the species is “Pteropsaron Indicum”, was collected by trawlers at a depth of 70 meters during a marine biodiversity survey. Scientists from the University of Kerala and the Ocean Science Foundation, United State of America (USA) have described the discovery of the new species of signal fish, was the first one of the genus recorded in Indian waters. |
| Source: The Hindu |
 Brazilian President Jair Bolsonaro will be the chief guest at Republic Day 2020 celebrations. He has accepted the Prime Minister Narendra Modi’s invitation to be the chief guest at India’s Republic Day celebrations next year. |
| Source: The Hindu |
 Union Minister of MSME and Road Transport & Highways Nitin Gadkari inaugurated the Khadi Pavilion at the India International Trade Fair (IITF) in New Delhi. The Pavilion entrance has been themed upon Sabarmati Ashram, with melodious Shehnai celebrating the ‘spirit of Indianness’. A wide range of products which includes food, handicrafts, leather, textiles and hosiery, readymade garments, wooden toys, cosmetics and herbal products offering a discount of up to 20% are being displayed in the Khadi Pavilion at IITF 2019. |
| Source: The Press Information Bureau |
 Senior IAS officer Nilam Sawhney has been appointed as the Chief Secretary of Andhra Pradesh. She has become the first woman Chief Secretary of Andhra Pradesh. She belongs to the 1984 batch of the IAS and from AP Cadre. She will replace Neerabh Kumar who is holding the additional charge as the Chief Secretary of Andhra Pradesh. |
| Source: The Hindu |
 Veteran coach Arsene Wenger has been named FIFA’s Chief of global football development. The former Arsenal and Monaco coach would be responsible for the growth of the game for both men and women around the world and would also be the leading authority on technical matters, including potential changes to the sport’s laws. Wenger made the English Club Arsenal one of the strongest football clubs in Europe, winning three Premier League titles and seven FA Cups and taking his team to the 2006 Champions League final. He also won the French league in 1987 with Monaco, adding the French Cup four years later before departing for Japan in 1995. |
| Source: The DD News |
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