Economy of the United Kingdom Current Affairs, GK & News

Economy of the United Kingdom  Current Affairs, GK & News

First Indian-origin Finance Minister of UK unveiled 330-Billion Pound Rescue Package

The first Indian-origin Finance Minister of the United Kingdom Rishi Sunak unveiled a 330-Billion Pound Rescue Package, which aims to help the businesses of the country to survive the impact of the coronavirus pandemic. The £330 billion of loan guarantees will help them meet their day to day needs during the lock-down. He also extended a ..


India’s CAD widens to 2.5% of GDP in 3rd Quarter

Current account deficit of India has widened  to 2.5% of GDP in the 3rd quarter of the current fiscal year primarily on account of a higher trade deficit though the foreign exchange reserves which continued to soar. Current account deficit has been widened merely 0.4% from 2.1%, a year ago. The CAD had moderated to ..



“FarmerZone” is a collective open-source data platform for smart agriculture which will use biological research and data to improve the lives of small and marginal farmers. It is envisaged that “FarmerZone” will help cater to all needs of the farmer, from dealing with climate change, weather predictions and soil, water, and seed requirements to providing ..


H Purushotham current Chairman & Managing Director of National Research Development Corporation (NRDC)

The National Research Development Corporation (NRDC) is the technology transfer and commercialization arm of the Union Ministry of Science & Technology. Its primary objective is to help develop and promote technologies developed at various national R&D institutions. Recently, it is in news because the organization has won the 2017 ASSOCHAM Services Excellence Award and its ..


GDP grows at 7.3% in September quarter

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has come up with the Gross Domestic Product (GDP) estimates for the second quarter (July-September) of 2016-17. Accordingly, the Indian economy has grown at the rate of 7.3% in the second quarter. This is up from the 7.1% recorded in the previous three months. ..


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