The Financial Action Task Force (FATF) on February 25, 2021 retained Pakistan on its “grey list” till June 2021 after concluding that the nation had failed to address its strategically important deficiencies, to fully implement the 27 point action plan that the global watchdog had drawn up for the nation.

Cochin Shipyard Limited has bagged an order of Rs. 10,000 crores from Indian Navy for supplying 6 Next Generation Missile Vessels (NGMV). The NGMVs will serve as anti-surface warfare corvettes for the Indian Navy.

Rajeev Suri has been appointed as the CEO of UK based satellite telecommunications company ‘Inmarsat’. Rajeev Suri has served as the CEO of HMD Global (Nokia). He will assume his post from 1st March, 2021.

Prosus-owned OLX Group has appointed Gautam Thakar as the global CEO of its pre-owned car marketplace OLX Autos. Gautam Thakar, who is a former Star Sports president and chief executive, will take up the new role with effect from March 15, 2021

The GDP growth of India during 2020-21 is estimated to contract 8 percent, as per the second advanced estimates projected by the National Statistical Office (NSO). This was 4.9 percent in 2019-20.