News for 27th-Jun (Monday)

1. World Bank (WB) has approved a USD 245 million loan to extend support for Indian Railways Logistics Project. World Bank loan will support India’s efforts of modernising rail freight and logistics infrastructure.
2. Russia has become India's 2nd largest oil supplier. Putin has said that they are set to launch Indian retail stores in Russia' at BRICS summit.
3. The United States has become India's largest trading partner, surpassing China.
4. MADE In India Infantry Combat Vehicles (ICV) have been inducted into the forward areas in Ladakh boosting the capabilities of the troops deployed there.
5. At BRICS Business Forum, Indian Prime Minister Narendra Modi has said that the Indian economy is expected to grow by 7.5% this year.
6. India, China and Egypt have placed orders for Russia's newest *Sula radar*, which is capable of detecting space debris at a distance of 6,000 kilometers.
7. J&K is set to hold part of the G20 meeting, next year, when India is going to host the G20 meet.
8. Amid the ongoing crisis in Pakistan, the country is seeing an acute shortage of electronic items, tea & paper, as the economy continues to fall.
9. The International Energy Agency (IEA) has warned that Russia could cut gas supplies to Europe entirely, in order to boost its leverage against the West following Moscow's invasion of Ukraine.
10. Governor of Jharkhand Draupadi Murmu has been chosen as a candidate of the National Democratic Alliance for the 2022 Indian Presidential Election by the BJP.
< < Back