On March 24, 2020, the International Monetary Fund announced that the recession to be caused due to Corona Virus is to be worse than the 2009. IMF has...
The US President Donald Trump has cancelled an in-person G7 Summit and is to conduct the summit through video conferencing. This is being done due to the increasing...
Manila-based Asian Development Bank recently announced an initial package of $6.5 billion (equivalent to ₹48,230 crore) to cater the immediate needs of its developing member countries in fighting...
S&P Global Ratings lowered India’s economic growth forecast to 5.2 per cent for the year 2020. The rating agency had earlier predicted the growth rate of 5.7% for...
The United Nations Conference on Trade and Development recently released a report on the effect of COVID-19 on global economy. According to the report, India was ranked 10th....
The Meeting of Finance Ministers and Central Bank Governors from G20 nations was recently organised in Riyadh from February 22-23, 2020. The delegates from across the world attended...
The Economist Intelligence Unit has lowered its global growth forecast for 2020 to 2.2%, from its earlier estimate of 2.3%. The dip was due to the new risks...
The US Labor Department reports that the unemployment rate fell to 3.5% from 3.7%. The main reason behind the development is that the economy added 136,000 jobs in...
One of the world’s leading financial conglomerates, the Moody corporation’s wing, the Moody’s Investor Services has released its predictions for the economies of the world. What does the...