Economy Current Affairs
Pandemic may have doubled poverty in India

India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. Daily Current Affairs Quiz 2021 In a comparison, Chinese incomes ...

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China increasing Price of API

The prices of raw materials, known as active pharmaceutical ingredients (APIs) or bulk drugs, have grown multifold since November. The same trend was seen in April last year, when several Chinese units and trade corridors shut down due to the Covid outbreak. Daily Current Affairs Quiz 2021 ...

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Income tax returns in the pandemic year

India’s economic stress preceded the Covid-19 pandemic, but worsened in its aftermath as individuals with incomes and salaries took a hit. Daily Current Affairs Quiz 2021 The latest government data shows a 6.6 per cent contraction in the number of income tax returns (ITRs) filed by ...

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