According to IMF chief Kristalina Georgieva the world economy, already "sluggish" before the coronavirus outbreak, is now bound to suffer a "severe recession" in 2020. The current crisis posed "daunting challenges" for policymakers in many emerging markets and developing economies. Daily ...

IMF head Kristalina Georgieva has reported the international lender plans to use all its USD 1 trillion lending capacity to support countries across the world battling the deadly outbreak. Daily Current Affairs Quiz 2020 Key-Points In the first-ever virtual annual spring meeting of the ...

The government is set to exempt imported personal protection equipment (PPE), ventilators, sanitisers, masks and other medical equipment from integrated goods and services tax (IGST). Daily Current Affairs Quiz 2020 Key-Points Currently, GoI levies 12% IGST on most of these products. Upon ...

Recently, Telangana Chief Minister K. Chandrashekar Rao has suggested RBI to adopt the concept of Helicopter Money to help state governments tide over the current crisis and kick start economic activity in India. It is aimed to rising concerns over economic crisis that has been triggered by the ...

The world economy is facing its worst performance since the financial crisis more than a decade ago as the spread of the corona virus increasingly dashes hopes of a swift rebound. Bank of America Corp. economists warned clients that they now expect 2.8% global growth this year, the weakest since ...

The crushing slowdown may finally release its grip as the Economic Survey, which will be tabled in Parliament, predicts India's growth rate in the range of 6-6.5 percent in Financial Year 2021. Annual economic growth slowed to 4.5 per cent in the July-September quarter, the weakest pace since ...

The 7th Economic Census has been begun from Tripura on 29th July 2019, and in Puducherry soon after. The fieldwork in other State/ UTs will be launched in August/ September, 2019. The enumerators and supervisors engaged by CSC have been trained to collect data on mobile application developed for ...

Government favors it's 31.8% contribution to economic growth. The share of MSME related products in total exports from India during the year 2018-19 was 48.10 percent. Daily Current Affairs Quiz 2019 About MSME SectorMSME sector is an important pillar of Indian economy They contributed ...

5 days after Prime Minister Narendra Modi set a target of 5 trillion dollar economy for the country to be achieved in the next five years, Chief Minister Yogi Adityanath on 8 July set the ambitious target of “$1 trillion economy” for Uttar Pradesh. Adityanath said that the milestone for Uttar ...

Walmart Labs, the technology part of the global retail giant Walmart, has acquired two Bengaluru-based startups, FloCare and BigTrade. While, the healthtech startup FloCare will be integrated into customer technology part of Walmart’s online pharmacy, BigTrade, which is a B2B wholesale trading ...