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India to attend BRICS meeting on COVID-19
India is to attend BRICS foreign ministers meet by the end of April 2020. The members will discuss economic fallout due to the spread of COVID-19. Highlights The foreign ministers meet of the BRICS grouping is to be conducted through ..
Month: Current Affairs - April, 2020
Action Covid-19 Team launched in India: First of its kind in the world
The Action COVID Team was launched by top fund mangers of private sector and blue-chip venture capital firm. Significance The Team gained its popularity lately as Rs 1 crore was bagged by the Mylab from the fund set up by ..
Month: Current Affairs - April, 2020
G20 Video Summit on Corona Virus
The Saudi Arabian King Salman is to chair the G20 summit on Corona Virus through a video conference. The Summit is to be held on March 26, 2020. The summit becomes significant as several international organizations are to participate in ..
Month: Current Affairs - March, 2020
IMF: Recession due to COVID-19 to be worse than 2009
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 specifically warned the G20 nations that the current economic outlook is towards ..
Month: Current Affairs - March, 2020
Guyana Elections
The results of Guyana’s elections- the first after the recent discovery of massive oil reserves- is being watched by the international community. Guyana Guyana is a small English speaking country in the northern part of South America. It was a ..
Iran seeks Financial Help from IMF first time since 1962 to fight against Corona Virus
For the first time since 1962, Iran is seeking the help of International Monetary Fund. Since Islamic Revolution Iran stopped getting help from IMF. IMF and Corona Virus Earlier, this month, IMF allocated emergency funds to middle income countries. The ..