- Union Government has launched a new initiative SWADES- Skilled Workers Arrival Database for Employment Support to conduct a skill mapping exercise of the returning citizens under the Vande Bharat Mission.
- Telangana Chief Minister K Chandrashekhar Rao has inaugurated the 15 TMC Kondapochamma Sagar reservoirs by switching on pumps at the Markook pump house under Gajwel Assembly segment in a simple but solemn ceremony graced by Sri Tridandi Chinna Jeeyar Swami.
- After declaring the Internet as the fundamental right of every citizen, Kerala is now all set to roll out free high-speed broadband Internet for all the poor in the state.
- DBS Bank has partnered with Transport Corporation of India Limited (TCIL) to facilitate real time payments for truck drivers.
- Markets regulator Sebi has extended to August 1, 2020 the date for implementing norms pertaining to power of attorney given by clients to trading members or clearing members.
- Former finance secretary Subhash Chandra Garg said the Indian economy will shrink by 10 per cent or Rs 20 lakh crore in the ongoing fiscal, the first contraction in over 40 years, due to a “faulty” COVID lockdown.
- The extension of the lockdown by the government will have a deep impact on economic activity, a foreign brokerage said, sharply cutting India’s GDP forecast for this financial year to a contraction of 2 per cent.
- Saregama announced a global deal with Facebook, to license its music for video and other social experiences across Facebook and Instagram.
- Microsoft has announced the launch of a programme for agritech start-ups in India that are committed to driving transformation in agriculture.
- Veteran banker Uday Kotak has been appointed as the new President of the Confederation of Indian Industry (CII) for 2020-21.
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