India is the 3rd largest military spending country in the world after the US and China.
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The US spent a total of $778 billion in 2020, China spent $252 billion and India's military expenditure was $72.9 billion.
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India’s military spending grew by 6.8 % to $71.1 billion in 2019, Report released by Stockholm International Peace Research Institute (SIPRI).
- India's tensions and rivalry with both Pakistan and China are major reasons for its increased military spending.
Jio Platforms, Byju's in Time's first list of 100 most influential firms.
- It listed Jio Platforms under the Innovators category alongside Zoom, Adidas, TikTok, Ikea, Moderna and Netflix.
- Byju's was listed alongside Tesla, Huawei, Shopify, Airbnb and DiDi Chuxing in the Disruptors category.
Welspun Group announces initiative to provide equal opportunities to its women employees.
- Welspun aims to support 'a network of women, for women and by women'.
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An aim to raise the next generation of women leaders.
- It is going to be a game changer in breaking the glass ceiling and leading tomorrow together.
Sri Lanka has passed the law banning face covering in public places.
- The decision was taken after coordinated terrorist attacks on hotels and churches on Easter Sunday in the country.
- Though full-face veils are banned, wearing face masks to combat Covid-19 is allowed.
Amit Banerjee has been appointed as Chairman and managing director of Bharat Earth Movers Limited (BEML).
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BEML Limited, is a Miniratna Defence PSU under the Ministry of Defence.
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The Public Enterprises Selection Board (PESB), the organisation responsible for making top-level appointments in PSUs.
- Banerjee is currently serving as Director (Rail & Metro Business) in the same organisation.
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