International News
World Bank cuts India’s GDP growth forecast to 8.3% from 10.1% for 2021-’22
The World Bank on Tuesday slashed India’s GDP (Gross Domestic Product) growth rate forecast for the fiscal year 2021-22 to 8.3 percent from 10.1 percent earlier. It has said that the most dangerous second wave of the Covid-19 epidemic has hurt economic revival. The lending multilateral institution has projected the economic growth rate to be 7.5 percent in 2022-23.
The World Bank, in a new edition of the report titled Global Economic Prospects, has said that India was witnessing a rapid revival in the second half of 2020-21, especially in the services sector, but the second wave of the Covid-19 pandemic affected it. have been adversely affected.
According to the institute, ‘India had the most severe wave of any country since the beginning of the epidemic and this adversely affected the economic revival.’ While there was an increase of 4 percent in 2019-20.
According to the report, policy support, including higher expenditure on infrastructure, rural development and health, and a higher-than-expected revival in services and manufacturing will accelerate activities. In the estimates for the financial year 2021-22, the damage to the economy due to the second wave of Covid-19 and the restrictions imposed from March 2021 for its prevention has been taken into account.
“The pandemic will have an adverse impact on consumption and investment as confidence is already weak and books have been adversely affected,” the report said. The growth rate is expected to slow down to 7.5 percent in the financial year 2022-23. This reflects the cascading impact of COVID-19 on households, companies and banks’ books, weakening customer confidence and uncertainty in employment and income.
News Source: Scroll.in
Entertainment.
Husband Mark Zuckerberg fulfils ‘disco queen’ Priscilla Chan’s demand for a party and how
Mark Zuckerberg’s party for Priscilla Chan has won people over. Many were surprised by the tech billionaire’s makeover.
Mark Zuckerberg never shies away from sharing glimpses of his sweet and heartwarming moments with his family. From sharing pics of a statue of his wife, Priscilla Chan, to turning into a nail artist for his daughter, he regularly posts visuals which wow people. In a similar post, he shared pictures to show what he did when his “disco queen” wife asked for a party.
“Disco queen wanted a party,” Zuckerberg wrote as he posted the pictures. The first photo shows the couple sharing an intimate moment while kissing each other. The other images show them enjoying the party, with both dressed in shimmery clothes.
What did social media say?
“I always knew you were this cool,” posted an Instagram user. “He changed after attending Ambani’s wedding,” joked another. This has been a viral remark after Mark Zuckerberg’s recent wardrobe update, including Hawaiian shirts and a thick gold chain, which coincidentally happened after he attended Anant Ambani and Radhika Merchant’s first pre-wedding festivities.
“Absolutely enjoying this beautiful life,” commented another. A third expressed, “Zuck’s glow up needs to be studied in universities.” A fourth shared, “Couple goals!”
Also Read: ‘All unacceptable to share publicly’: Mark Zuckerberg talks about his favourite memes. Watch
A fifth wrote, “Priscilla is on fire! And you too.” Many reacted to the post using heart or fire emoticons.
Roman-inspired statue
A few days ago, the Meta CEO unveiled a giant statue in his backyard. Created by Daniel Arsham, it is a larger-than-life statue of his wife.
He met Priscilla Chan at Harvard University in 2003 as a student. The couple later got married in 2012. They have three daughters: Maxima, August (born August 2017), and Aurelia.
What are your thoughts on these pictures Mark Zuckerberg shared of a party he hosted for his wife, Priscilla Chan?
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