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MAY 3, 2022


Amit Shah lays foundation stone for Nrupathunga University in B'luru

Union Home Minister Amit Shah on Tuesday laid the foundation stone for the Nrupathunga University in Bengaluru. He also virtually inaugurated the Forensic Science Laboratory in Ballari. "Under PM Modi's leadership, we're building infra for higher education," Shah said. "In the journey of 75 years, the country has crossed a lot of destinations and we're standing here today," he added.

India falls 8 positions to 150th rank in RSF 2022 World Press Freedom Index

The ranking of India's neighbours, except that of Nepal, have also slid down, with the index placing Pakistan at 157th position, Sri Lanka 146th, Bangladesh 162nd and Maynmar at 176th position, the report released by Reporters Without Borders said.


Motion in Canada Parliament to declare Nov as Hindu Heritage Month

An Indo-Canadian lawmaker, Chandra Arya, has moved a motion in Canada's Parliament to declare November as Hindu Heritage Month. The motion calls to "recognise the contributions that Hindu-Canadians have made to the socio-economic development of Canada…the richness of Hindu Heritage and its vast contribution to the world of arts and science...and its culture and traditions."

Special gesture: India as Denmark PM personally comes to receive PM Modi at airport

After Denmark PM Mette Frederiksen personally came to receive PM Narendra Modi at the Copenhagen airport on Tuesday, External Affairs Ministry's Spokesperson Arindam Bagchi said, "Heartwarming to see this special gesture from our Green Partner." It is PM Modi's first visit to Denmark, where he will hold bilateral and multilateral talks.
1,50,000 Ukrainians using Starlink internet service daily: Govt

About 1,50,000 people in Ukraine are using SpaceX's Starlink internet service each day, Ukraine Digital Minister Mykhailo Fedorov tweeted. He added, "This is crucial support for...restoring the destroyed territories. Ukraine will stay connected no matter what." This comes after SpaceX CEO Elon Musk activated Starlink service in Ukraine in February following Fedorov's request amid war with Russia.



GST on online gaming may be raised from 18% to 28%: Reports

The Group of Ministers has recommended casinos, racecourses and online gaming shall be taxed under the 28% GST slab, reports said on Tuesday. Currently, online gaming is taxed at 18% of the platform fee, which works out to 5-20% of the contest entry amount. Chance gaming like racing, betting and lotteries are taxed at 28% of the contest entry amount.

Merchandise exports rise 24.2% to $38 bn in April, imports grow 26.6%

India's merchandise exports rose 24.22% YoY from $30.75 billion in April 2021 to $38.19 billion in April 2022, Commerce Ministry's preliminary data showed. Imports in April 2022 grew 26.55% YoY to $58.26 billion while trade deficit widened to $20.07 billion against $15.29 billion in April 2021. Petroleum and crude products accounted for 33.5% of imports in April this year.

India's GDP to not reach $5 trillion before FY29: IMF data

short by Ananya Goyal / 06:34 pm on 03 May 2022,Tuesday

India may only become a $5-trillion economy in FY29, data from IMF's World Economic Outlook Database suggested. As per the data, which doesn't go beyond FY28, India's nominal GDP is seen rising to $4.92 trillion in FY28. Earlier this year, Chief Economic Advisor V Anantha Nageswaran had said India would become a $5-trillion economy by FY26 or the following year.

Domestic mutual funds subscribe 71% of LIC IPO anchor book

Domestic mutual funds invested ₹4,002.27 crore, accounting for 71.12% of the total ₹5,627 crore that LIC IPO mobilised from anchor investors on Monday. The largest investor was SBI Mutual Fund, which invested ₹1,006.89 crore. Overall, LIC issued 59.29 million equity shares to 123 anchor investors at the upper price band of the offer of ₹949 per share





Jain University tops Khelo India University Games, Amit Shah presents trophy

Jain University has topped the Khelo India University Games 2021 in Bengaluru, ending with 20 gold, seven silver and five bronze medals. Chief guest at closing ceremony Union Home Minister Amit Shah presented the trophy and congratulated all the universities and athletes who participated in the event. Lovely Professional University and Panjab University stood second and third respectively.


BCCI announce schedule for IPL 2022 playoffs

IPL 2022 playoffs and final will be played from May 24 to May 29 in Kolkata and Ahmedabad, the BCCI have announced. Qualifier 1 will be held at Eden Gardens in Kolkata on May 24, followed by Eliminator on May 25. Ahmedabad's Narendra Modi Stadium will host Qualifier 2 and IPL 2022 final on May 27 and May 29, respectively.


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