Topic: Economics
India Boosts Agriculture with New Initiatives
The Government of India has recently launched several programs aimed at revitalizing the agriculture sector, which focus on enhancing farm production, increasing farmer incomes, and promoting sustainable practices....
Masato Kanda Elected as ADB President
The Asian Development Bank (ADB) has appointed Masato Kanda as its 11th President. His term begins on February 24, 2025, and succeeds Masatsugu Asakawa, who will leave office...
ASEAN-India Trade in Goods Agreement (AITIGA)
The ASEAN-India Trade in Goods Agreement (AITIGA) joint committee convened to review the bilateral pact, which indicates a step forward in tariff negotiations. This meeting took place from...
G20 Summit 2024
Leaders from the G20 gathered in Rio de Janeiro at the Modern Art Museum where President Luiz Inacio Lula da Silva welcomed them and the summit will continue...
Indian Farmers Faced $120 Billion Implicit Tax Due
In 2023 farmers encountered important financial challenges due to government policies. The Organisation for Economic Co-operation and Development (OECD) reported an implicit taxation of $120 billion on Indian...
US initiates new anti-dumping duty
The US has initiated new antidumping duty and countervailing duty investigations to determine whether forged steel fittings from India and Korea are being dumped there and to find...Odisha government to partner with MIT-based Abdul Latif Jameel Poverty Action Lab (J-PAL)
The Odisha government has decided to partner with Abdul Latif Jameel Poverty Action Lab (J-PAL) for targeted intervention in a set of social sectors including poorest of the...Abhijit Banerjee wins 2019 Nobel Economics Prize for study on poverty
Indian-American Abhijit Banerjee, his wife Esther Duflo and Michael Kremer have jointly won the 2019 Nobel Economics Prize for their experimental approach to alleviating global poverty. Mr Banerjee...
Govt scraps Import Duty on open cell LED TV panel
The Ministry of Finance has withdrawn the import duties on open cell LED panels used in the production of television sets. This is expected to lower the input...
Emerging economies more vulnerable to big oil price moves: Nomura report
The Japanese financial services major Nomura has analysed the impact of the twin drone attacks which targeted Abqaiq, the site of the largest oil processing plant run by...