Page-2 of Economics
Lack of domestic demand is holding back animal spirits in economy
In its annual report for 2018-19, the Reserve Bank of India (RBI) has stated that the lack of domestic demand is holding back the animal spirits in the economy and emphasized the need to revive consumption demand and private investment ..
UNDP releases 2019 global Multidimensional Poverty Index (MPI)
The 2019 global Multidimensional Poverty Index (MPI) has recently released by UN Development Programme (UNDP), the Oxford Poverty and Human Development Initiative (OPHI). As per the report, India lifted 271 million people out of poverty between 2006 and 2016 & ..
UNDP releases 2018 global Multi-dimensional Poverty Index (MPI)
According to the 2018 global Multidimensional Poverty Index (MPI), India has reduced its poverty rate drastically from 55% to 28% in 10 years between 2005-06 and 2015-16. The report, covering 105 countries, dedicates a chapter to India because of this ..
ACTU report: Low wages bad impact on Australians
The Australian Council of Trade Union says that low wages has led to many Australians taking multiple jobs. The secondary jobs are acquired in healthcare, education and social assistance. The reason behind the situation is low wages in their primary ..
Stocks fall in the US market
The yield curve inversion brought down the share prices. When the long term interest rates fall below short term interest rates the yield curve inversion occurs. It is one of the predictors of recession. However, experts say that one day ..
OSDMA bags SKOCH Award
The Odisha State Disaster Management Authority (OSDMA) has bagged the SKOCH Award, 2018 for its remarkable achievements in the field of disaster management. The award was presented at the 56th SKOTCH Summit held at New Delhi. The SKOCH Award is being presented ..