NEWS 08-05-2024. News For 10th-May (Friday) 1.Sri Lanka's Cabinet has approved renovating Kankesanthurai Port (KKS), with India funding the entire $61.5 million project cost. 2.China has launched the Chang’e-6 probe on an ambitious mission to collect samples from the far side of the Moon. 3.India Ratings and Research have raised their GDP growth estimate for FY25 to be 7.1%. 4.The DRDO has achieved a significant milestone in enhancing India’s anti-submarine warfare capability with the successful flight-test of the Supersonic Missile-Assisted Release of Torpedo (SMART) system. 5.Indian Oil Corporation (IOC) has announced a significant investment of Rs 5,215 crore to develop 1 gigawatt (GW) of renewable energy capacity in India. 6.Adani Green Energy Ltd (AGEL) has secured $400 million financing from international banks for its solar projects in Gujarat and Rajasthan, totaling 750 MW. 7.India's Goods and Services Tax (GST) collections soared to a new peak of Rs 2.10 lakh crore in April, marking a 12.4% increase from the previous year. 8.India and Nigeria have agreed to finalize the Local Currency Settlement System Agreement to enhance bilateral trade. < < Back