🍀 DBS Bank has revised India’s GDP growth for fiscal year 2020 downwards to 6.8 percent year-on-year (YoY) from 7 percent projected earlier, citing headwinds for exports amidst challenging trade outlook.
🍀 The finance ministry plans to revamp its flagship lending scheme, Pradhan Mantri Mudra Yojna (PMMY), to ensure better access to credit for small firms, boost entrepreneurship and promote financial inclusion.
🍀 Social media giant Facebook CEO Mark Zuckerberg has dropped from his 2018 rank of number 16 to number 55 on the list of top Chief Executive Officers (CEOs) in the US 2019.
🍀 IT firm Tech Mahindra has signed a multi-year contract with Airbus for cabin and cargo design engineering with an aim to capitalise on the specialised skills and competencies in the growing cabin engineering business over the next few years.
🍀 Canara Bank customers can deposit cash for free only thrice a month and from the fourth transaction there will be a charge from July 1.
🍀 Private sector lender IndusInd Bank and Bharat Financial Inclusion Ltd (BFIL) said their merger will be effective from July 4.🍀 Rudratej Singh has been appointed as the President and Chief Executive Officer of BMW Group India effective from 1 August 2019.
🍀 The government has appointed Justice RS Chauhan as Chief Justice of the Telangana high court and Justice V Ramasubramanium as the Chief Justice of the Himachal Pradesh high court.
🍀 The recent report of NITI Ayog on groundwater level said that 21 Indian cities including Delhi, Bengaluru, Chennai and Hyderabad – will run out of groundwater by 2020, affecting around 100 million people.
🍀 Annu Rani won the women’s javelin bronze medal in the 58th Ostrava Golden Spike athletics meet, an IAAF World Challenge event.
🍀 Tragic British wrestling champion Adrian ‘Lionheart’ McCallum passed away. He was 36 years old.
🍀 World Refugee Day is celebrated around the world on 20th June. The theme for 2019: Step With Refugees – Take A Step on World Refugee Day.