Page-8 of IMF
World Economic Outlook April 2019
The International Monetary Fund (IMF) in the World Economic Outlook 2019 April report has made the following forecasts: The global growth will be 3.3% in 2019, down from 3.6% in 2018 and 4% in 2017. The reduced growth rates are ..
Month: Current Affairs - April, 2019
World Gold Council Report
The World Gold Council its latest report highlights the quantum of gold holding by the different countries. The findings of the report are: India has the 11th largest gold reserve and the current holding pegged at 607 tonnes. India’s ..
Month: Current Affairs - March, 2019
Raghuram Rajan to Get Yashwantrao Chavan National Award
Raghuram Rajan, former governor of RBI has been chosen for the ‘Yashwantrao Chavan National Award 2018’ by Yashwantrao Chavan Prathisthan for his contribution to economic development. Raghuram Rajan will be presented with the award at the 106th birth anniversary of ..
Month: Current Affairs - March, 2019
OECD Growth Forecasts 2019
The Organisation for Economic Co-operation and Development (OECD) has reduced the world economic growth forecasts for the year 2019. Economic Forecasts of OECD The report notes that trade tensions and political uncertainty, including Brexit and erosion of business and consumer ..
Month: Current Affairs - March, 2019
Indian Foreign Exchange Reserves increased by $2.063 billion
The data from the Reserve Bank of India (RBI) shows that the Foreign Exchange Reserves of India increased by $2.063 billion to $400.24 billion in the week to February 1. The foreign exchange reserves had increased by USD 1.497 billion ..
Month: Current Affairs - February, 2019
Pravasi Bharatiya Samman Awards 2019
President Ram Nath Kovind conferred Pravasi Bharatiya Samman Awards 2019 to 30 awardees. The awards were conferred during the Pravasi Bharatiya Divas being held at Varanasi. The winner of this prestigious award includes Gita Gopinath chief economist of IMF, Nihal ..