October 3 News Roundup | Asian Games 2023 medal tally, India's unemployment hits 12-month low & more

From the Indian contingent crossing the 60 mark in the medal tally to the largest statue of BR Ambedkar unveiled outside India in Maryland, read on to know more about the latest trending news in this October 3 news roundup.

According to the latest forecast, the World Bank has retained India's growth estimations at 6.3% for the Financial Year 2024. Elaborating further on its forecast, the world body predicted India's service sector activity to grow at 7.4% while investment growth will continue at 8.9%.

Indian Photographer Gauri Gill clinched the Tenth Cycle of Prix Pictet award last week on Thursday. Ms. Gill won the award for photography and sustainability, which comes with a prize money of 100,000 Swiss Francs. She won the award for her series named 'Notes from the Desert'.

At the time of writing, the Indian contingent has secured 62 medals at the ongoing Asian Games 2023 in Hangzhou, China. Out of these medals, there are 25 bronze medals, 24 silver medals, and 13 gold medals.

The largest statue of BR Ambedkar outside India is all set to be unveiled in the United States on October 14. Standing at a height of 19 feet and named the 'Statue of Equality', the said statue has come up at the Ambedkar International Center (AIC) in Maryland.

Backed by the economic activities leading up to the festive season, India's unemployment rate dropped to a 12-month low in September. The record-low stood at 7.9% in September. Furthermore, the urban employment numbers also dipped from 10.09% in August to 8.94% in September.

According to reports, India has asked Canada to withdraw 40 diplomats before a stipulated deadline of October 10, in the midst of deteriorating diplomatic ties between the nations. With mounting tensions, India-Canada ties seem to be on route to touch new lows.

Stay tuned for more updates from across the country and follow-ups on these stories.