Page-5 of Topic: GDP
Corona Virus: US Federal Reserve reduces interest rate to 0%
On February 16, 2020, the United States Reserve Bank announced that the key interest rates are to be slashed to 0% to 0.25%. This is being done in...
India’s CAD narrows to 0.2% in December quarter
As per the recent notification of the Reserve Bank of India, Current Account Deficit (CAD) was 0.2% of GDP in December quarter when compared to 0.9% of GDP...
Corona Virus hits Diamond Industry of Surat greatly
Workers in Diamond Industry of India, especially in the parts of Surat have been facing job losses and pay cuts as Corona Virus has hit exports to China....
United Nations Global Compact Study: Women Labour-force has declined greatly in India
The United Nations Global Compact conducted a study recently and found that female labour participation has decreased from 34% in 2006 to 24.8% in 2020. The study also...
NITI Aayog launches Artificial Intelligence Modules in Schools
The GoI think tank NITI Aayog joined hands with the National Association of Software and Services (NASSCOM) and launched the Artificial Intelligence module for school students. The NITI...
Best Performing Smart Cities paired up with least performing to work as SISTER CITIES
The Union Ministry of Housing and Urban Affairs has paired up 20 best performing smart cities with least performing cities. They will work as “sister cities”. Highlights The...
India International Seafood Show held in Kochi
The Marine Products Export Development Authority Organized International Sea Food Show in Kochi. Around 5,000 delegates participated in the show. The show will provide a platform for overseas...
Fiscal Deficit of GoI touched 132% of full year target
On January 31, 2020, the Controller General of Accounts (CGA) released data on fiscal deficit of Government of India. According to the report, the fiscal deficit of India...
Economic Survey 2020 tabled in the Parliament by the Finance Minister
The Economic Survey of the Fiscal Year 2020 has been tabled in both the houses of Parliament. The survey highlights economic trends in the country, development over the...
GDP estimated 5.0 per cent in First Advance Estimates of National Income 2019-20
In accordance with the release calendar of National Accounts, the First Advance Estimates of Gross Domestic Product (GDP) was released by the National Statistical Office (NSO) under the...
China to have Unified National and Local GDP Accounting Method from 2020
From 2020, the People’s Republic of China will revise the way it used to calculate the Gross Domestic Product (GDP) or the economic output data. Since 1985, different...
