Economy Business: Current Affairs, GK & News - 2020-2021

United Nations predict India’s GDP at 4.8%

Published: April 9, 2020

On April 9, 2020, the United Nations released a report on Economic and Social Survey of Asia and Pacific (ESCAP), 2020. Highlights According to the report, the economic growth rate of India stood at 5% in 2019-20. It has forecasted that the growth rate is to shrink to 4.8% in 2020-21 and the growth rate ..

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3000 Global Leaders to meet at WEF’s 50th annual meet

Published: December 22, 2019

On December 22, 2019, the World Economic Forum said that around 3,000 world leaders will meet at its 50th annual meeting to discuss on actions that are required to make “cohesive and sustainable world”. Highlights The meet is to be attended by the global leaders from all over the world. It includes US President Trump, ..

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Cabinet approves Fugitive Economic Offenders Bill, 2018

Published: March 2, 2018

The Union Cabinet has approved introduction of Fugitive Economic Offenders Bill, 2018 in Parliament. The bill proposed by Finance Ministry aims to curb practice of evading criminal prosecution by economic offenders (wilful defaulters) who flee from country to evade clutches Indian law by remaining outside jurisdiction of Indian courts. Features of Bill It defines fugitive ..

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