HomeCurrent AffairsToday Top Current Affairs 13 May 2021

Today Top Current Affairs 13 May 2021

Today Top Current Affairs 13 May 2021

Daily Current Affairs 13 May 2021: This article consists of the latest top current affairs for 13 May 2021 that are essential for all competitive exams such as Bank, SSC, IBPS, SBI exams. You can also take our Current Affairs Quiz after studying our Today current affairs.

Economy

HDFC Bank cuts India’s GDP growth for FY22 at 10%

HDFC Bank has downgraded the GDP growth rate of India to 10 percent for FY22. prior to this, HDFC projected 11.5% for FY22.

The reason behind this is the increasing cases of COVID-19 across the country.

About HDFC Bank –

CEO: Sashidhar Jagdishan
Headquarters: Mumbai
Founded: August 1994

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Care Ratings cuts India’s GDP Forecast to 9.2% for FY22

Care Ratings has cut the GDP growth of India for the current fiscal year 2021-2022 (FY22) to 9.2 percent. Prior to this, Care Ratings estimated a 10.2 percent growth rate in April 2021.

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UN estimates India’s GDP to grow 7.5% in CY 2021

On 11th May 2021, The United Nations (UN) has released its latest World Economic Situation and Prospects (WESP) report. the report says that India’s GDP will grow to 7.5% for Calendar Year 2021.

  • Prior to this, the UN estimated a 7.3% growth rate in January.
  • In addition, the United Nations also predicts that India’s GDP will boost by 10.1% in Calendar Year 2022.

About United Nations (UN) –

Headquarters: New York, United States
Founded: 24 October 1945

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Obituary

88 years old and Sahitya Akademi Awardee Assamese Journalist Homen Borgohain died

The famous Assamese litterateur and journalist Homen Borgohain has taken his last breath at the age of 88 due to post Covid-19 complications. he has served as the editor-in-chief of Assamese daily Niyomiya Barta.

  • In the year 1978, he received Sahitya Akademi Award for the Assamese language for his novel ‘Pita Putra’.
  • Apart from this, he also served as the President of Assam Sahitya Sabha.

<< Read Full News Here >>

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