Poverty and Shared Prosperity Report: World Bank
News: The World Bank has released its biennial Poverty and Shared Prosperity Report. Facts: About the report: The report aims to provide the latest and most accurate estimates on trends …
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Foreign Direct Investment(FDI) Policy in Defence Sector
News: Department for Promotion of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry has issued the revised Foreign Direct Investment (FDI) Policy in Defence Sector. Facts: Present Position: …
Read MoreIndian economy is heading for a K-shaped recovery and it won’t be a pretty sight
News: According to Economists, Indian economy is heading for a K-shaped recovery. Facts: K-shaped Recovery: It occurs when an economy recovers unevenly and there’s a separate trajectory for two segments …
Read MoreIndia slips 26 places to 105 in global economic freedom index
News: The Global Economic Freedom Index 2020 has been released as a part of the Economic Freedom of the World: 2020 report by the Fraser Institute in Canada.In India, the …
Read MoreDeclaration of Results of Ranking of States: 2019 on support to Startup Ecosystems
News: The Results of the second edition of “States Startup Ranking 2019” has been released by the Minister of Commerce & Industry. Facts: States Startup Ranking 2019: The exercise was …
Read MoreGovt forms Panel to Assess Impact of Waiving Loan Interest
News: Union government has constituted an expert committee to measure the economic impact of waiving interest on the Covid-19 related loan moratorium. Facts: About the Panel: The expert panel will …
Read MoreOverall FDI rises 10% in FY20, but money coming in from Cayman Islands jumps 305%
News: Reserve Bank of India has released the data on the Foreign direct investment(FDI) into India. Facts: Singapore and Mauritius remained the major source countries accounting for about 50% of …
Read MoreUnion Minister declares EASE 2.0 Index Results
News: Union Finance Minister has felicitated the best performing banks on EASE Banking Reforms Index. Facts: EASE Banking Reforms Index: EASE stands for ‘Enhanced Access and Service Excellence’.It was launched …
Read MoreExplained: Forex reserves at all-time high — why did this happen, and what does it mean for India’s economy?
News: As per the Reserve Bank of India (RBI) data, India’s foreign exchange (forex) reserves has touched a record high of USD 541.431 billion in the week ended 28th August …
Read MoreKamath committee picks 26 sectors for loan restructuring, says RBI
News: Reserve Bank of India has released the K V Kamath-led Committee report and has broadly accepted its recommendations. Facts: Background: RBI had formed a five-member committee under the chairmanship …
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