Economy & Banking Current Affairs

IMF lowers from 6.1 to 4.8 Percent GDP Growth Rate for India

The Washington, D.C based international organization, International Monetary Fund (IMF)decreased India’s GDP growth forecast to 4.8 percent for this fiscal year, which is 1.3 percentage point lesser than its previous estimates. Chief Economist of the IMF, Gita Gopinath stated in a blogpost that the slow down in the Indian economy which resulted in weak rural ..

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Enterprise Business Partnership between Airtel and Google Cloud

One of the Leading Indian telecom service provider, Bharti Airtel and Google Cloud announced a partnership on Monday, 20th January 2020. As part of its Integrated ICT portfolio, through the partnership agreement, Airtel will be able to offer ‘G-suite’ to small and medium-sized businesses (SMBs) in India. G-Suite is a set of applications of Google ..

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Alphabet hits USD 1 Trillion Mark

The parent company of Google and its several subsidiaries, American multinational conglomerate- Alphabet Inc. has crossed the market valuation of USD 1 trillion mark on Thursday, 16th January 2020 as the shares of the company closed at USD 1,451.70 making Alphabet the fourth company from the United States to cross the valuation after Apple (first ..

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Yamaha working on New Scooter Project for Indian Market

The Indian Market will soon get beyond the Fascino and Ray scooter brands.  This was said by Motofumi Shitara, Chairman of Yamaha Motor India Group. He mentioned that there is development going on in Japan. The intention of the company is to expand the market in the premium segment. Although the company showed dismal results in ..

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Farmers continue to suffer due to the Decline in Pepper Prices

The price of pepper was down by Rs.2 per kg at a trading hub in Kochi on Wednesday, 15th January 2020. The Prices for black pepper were Rs 760 a Kg in 2017, which had fallen to the range of Rs 290-350 a Kg in the last 2 years. This Season the reason for the ..

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