ADB slashes Developing Asia growth estimates for 2020

According to the updated Asian Development Outlook report published by Asian Development Bank (ADB), developing Asia, a group of 45 countries in Asia-Pacific region, is expected to post growth of just 0.1% in 2020. This updated forecast shows higher damage ..

Month: Current Affairs - June, 2020

Harsh Vardhan launches mobile lab for COVID-19 testing

The Union Health Minister Harsh Vardhan launched a mobile laboratory called I-lab or Infectious Disease Diagnostics Lab for COVID-19 testing, which can be deployed in rural areas and enable last-mile testing. The lab can run 50 RT-PCR and about 200 ..

Month: Current Affairs - June, 2020

France to provide 200 million euros to assist India’s COVID-19 response

India and France have signed an agreement in which Paris committed 200 million euros to aid India’s COVID-19 response. This loan would enable France to work with India to increase the state and central governments’ capacities to support the country’s ..

Month: Current Affairs - June, 2020

States seek extension of free food grains scheme

The states of Madhya Pradesh, Rajasthan, Punjab and Tamil Nadu have requested the food ministry to extend the scheme that provides free grains to 80 million people from April to June this year. Under this scheme the beneficiaries would get ..

Month: Current Affairs - June, 2020

Saudi King to chair emergency virtual G20 Summit

The King of Saudi Arabia Salman Bin Abdulaziz Al Saud is set to chair an emergency virtual summit of G20 leaders, to accelerate the response to the ongoing coronavirus pandemic. At present, Saudi Arabia holds the G20 presidency and it ..

Finance Minister announces relief measures amid lockdown

Union Finance Minister Nirmala Sitharaman recently announced various relief measures amid lock-down of the country due to coronavirus scare. As per the measures, the deadline for filing belated income tax return (ITR) for the financial year 2018-19 and for filing ..