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Tag: India

Economy

ADB sees India’s GDP growth at 7.2% in 2019-20

April 4, 2019April 4, 2019 - by Abdul

Asian Development Bank has published Asian Development Outlook 2019.In this,ADB has cut India’s growth forecast to 7.2% for 2019-20 because of a slower-than-expected pickup in investment demand.The growth rate in …

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International

Pakistan airspace closure hits Afghan, Kazakh, Russian airlines

April 3, 2019April 3, 2019 - by Abdul

The closure of Pakistan’s airspace,since the Indian Air Force (IAF) strikes in Balakot has affected international flights to and from India.The worst affected are airlines from West and Central Asia …

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International

Pakistan could be blacklisted by FATF due to ‘lobbying by India’, says Qureshi

April 3, 2019April 3, 2019 - by Abdul

Pakistan foreign minister has said that Pakistan could be blacklisted by the Financial Action Task Force (FATF) due to lobbying by India.He estimated that Pakistan could suffer $10 billion loss …

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International

Poverty down from 55% to 28% in a decade till 2015-16, study shows

March 29, 2019 - by Abdul

According to the Global multidimensional poverty index(MPI) 2018 Report,India has reduced its poverty rate drastically from 55% to 28% in 10 years.India has taken 271 million people out of poverty …

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International

Pakistan okays plan to open Sharda Peeth corridor for Hindu pilgrims in PoK

March 27, 2019March 27, 2019 - by Abdul

Pakistan Government has approved proposal to establish Sharda Peeth corridor that will allow Hindu pilgrims especially Kashmiri Pandits from India to visit the Sharda Peeth,an ancient Hindu temple and cultural …

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Environment

India ranks 76th on WEF’s global Energy Transition index; Sweden on top

March 26, 2019March 26, 2019 - by Abdul

India has been ranked 76th out of 115 countries on 2019 Global Energy Transition Index(GETI).The index is released by the World Economic Forum (WEF).It ranks 115 countries on how well …

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Economy

Fitch cuts India GDP growth forecast for FY20 to 6.8%

March 23, 2019March 23, 2019 - by Abdul

Global rating agency Fitch has cut its India’s Gross domestic product(GDP) growth forecast to 6.8% for 2019-20 from the earlier estimate of 7%.It was cut due to weak momentum in …

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International

Finland is the happiest nation, India slips 7 spots, ranks 140th

March 21, 2019March 21, 2019 - by Abdul

India has been ranked at 140th on the United Nations World Happiness Report 2019 that ranked 156 countries.It is a decline of seven spots from 133rd in the last year’s …

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