Fitch Solutions recently lowered its forecast for India’s economic growth to 4.9 per cent in the current fiscal FY 20. The main reason for the cut in rate was weak domestic demand and supply chain interruptions due to the coronavirus outbreak and a resulting dip in manufacturing. However, the GDP growth in in 2020-21 will recover to 5.4 ..
Coronavirus: GK, Current Affairs, Questions, Trivia and News
After several passengers and crew members were diagnosed with the coronavirus infection, the Diamond Princess cruise ship has been quarantined in the Port of Yokohama, Japan. Recently, a special Air India flight departed to Tokyo and brought back 119 Indian nationals (113 crew members and 6 passengers) who were on-board the Diamond Princess Cruise ship. ..
The Singapore Ministry of Health announced that an antibody test has been developed by the country’s medical school and it has successfully identified two people, who were infected by the novel coronavirus (COVID-19). The currently used molecular test detects the viral genetic material in oral swab samples whereas the newly developed test detects antibodies developed by ..
The Meeting of Finance Ministers and Central Bank Governors from G20 nations was recently organised in Riyadh from February 22-23, 2020. The delegates from across the world attended the meeting, which focussed on maintaining the growth of global economy amid the negative effect of Corona virus in China and some countries.
The biotechnology research company of China- ‘China National Biotec Group’ has developed convalescent plasma to treat the patients who are infected with the COVID-19 (novel corona virus). The company has collected plasma from some of the recovered patients in the Wuhan city of China and developed therapeutic products that include convalescent plasma and immune globulin. ..
The Economist Intelligence Unit has lowered its global growth forecast for 2020 to 2.2%, from its earlier estimate of 2.3%. The dip was due to the new risks that have emerged following the virus outbreak in China, which was recently named by the WHO as COVID-19. The real GDP forecast for China in 2020 was ..
The World Health Organisation (WHO) recently announced that the deadly virus outbreak from China will be officially called as “COVID-19”. The official name was announced to avoid references of particular geographic locations, species of animals or group of people. It has earlier named the virus as “2019-nCoV acute respiratory disease”, temporarily. In the official name, ..
The United Kingdom government has recently donated 20 million pounds, equivalent to nearly $25 million, for developing vaccine to combat the deadly coronavirus. The country’s investment is set to be given to the global body named CEPI (the Coalition for Epidemic Preparedness Innovations), which aims to develop the vaccine in six to eight months. The ..