Economy of the United States Current Affairs, GK & News

Federal Reserve cuts benchmark interest rate to almost zero

The Central bank of the United States-the Federal Reserve has recently cut its benchmark interest rate to almost zero. The Fed Reserve also announced that it would buy USD700 billion in bonds to ease the economic activities. The bank also said that it shall maintain this target range until the economy is on track to ..


‘Aathmeeyudu’ initiative in Telangana

Aathmeeyudu is an innovative initiative by the local administration in Telangana to improve the government delivery system with respect to education and welfare institutions. The Aathmeeyudu initiative was started by the Narayanpendistrict administration to assess the shortcomings in the implementation side of several welfare institutions. It makes use of officers from other departments to assess ..




Swachch Bharat Abhiyan gets PM Modi the Global Goalkeeper Award

Prime Minister Narendra Modi is slated to be honored by a special honor given by the Gates Foundation for his exceptional leadership and dedication to the Swachch Bharat Abhiyan (SBA). The SBA is a nationwide program endeavor which aims to motivate the people to clean up the public spaces of the nation. What has happened? ..


India remains on USTR’s ‘Priority Watch List’

The United States has again placed India on its ‘Priority Watch List’, claiming lack of sufficient improvements to its Intellectual Property framework on long-standing and new challenges, which has affected American right holders over the last year. The office of the US Trade Representative identified 11 countries, including India, in its ‘Priority Watch List’. China ..


China US trade deal

Last week, President Xi Jingping welcomed a new consensus. The list of US grievances against Chinese trade practices is long. It includes forced technology transfers, inadequate protection of intellectual property rights, subsidization of trading activities, etc. Trump administration wants the Chinese to make concessions on all of these activities as the trade deficit of US ..


Google India Head Rajan Anandan resigns

Vice president for Google India and South East Asia, Rajan Anandan is quitting from the company after an 8 year stint. He was responsible for driving growth at Google India. He will stay until the end of this month. Further he will be joining Silicon Valley’s marquee venture fund Sequoia Capital. Vikas Agnihotri, who is currently Google’s country director ..