Investments: Current Affairs, GK & News - 2020-2021
Maharashtra govt signs MOUs worth Rs. 16,100 crore with 12 global corporations
Published: June 16, 2020
Maharashtra govt signed Memorandum of Understanding-MOUs with 12 global corporations from the USA, China, South Korea, and Singapore, and India. prominent companies investing in Maharashtra include Great Wall Motors Company, API Motors, United Phosphorus, and ExxonMobil. The Memorandum of Understanding worth Rs. 16,100 crore were signed for various developmental projects in information technology, I-T enabled ..
Month: Current Affairs - June, 2020
IMF: Recession due to COVID-19 to be worse than 2009
Published: March 24, 2020
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 negative. The G20 nations are to hold a virtual summit in a week to come ..
Category: International Current Affairs
GDP at 4.5% in Second Quarter(July-September), Lowest in 25 Quarters
Published: November 29, 2019
The Gross Domestic Product(GDP) of India has now been declining for five straight quarters in a row, falling by 0.5 percent from the first quarter of 2019-20 to 4.5 percent in the second quarter, registering the slowest and lowest growth rate since the final quarter of 2012-13. The further decline in the GDP during the ..
Category: Economy & Banking Current Affairs
Interest Rates of Small Saving Schemes lowered
Published: June 29, 2019
The Central government has reduced the prevailing interest rates in several saving schemes as per a notification issued on 28th June 2019. Which Schemes have changed? The schemes for which the interests have been lowered are the five-year Senior Citizen Savings Scheme, the five-year National Savings Certificate, Public Provident Fund, Sukanya Samriddhi Yojana and the ..
Category: Government Schemes Current Affairs
Revamping Food Laws
Published: June 15, 2019
The Governing Council of the NITI Aayog chaired by Prime Minister Narendra Modi will look at the proposal of the NITI Aayog to reform the food laws. Proposals at the Table NITI Aayog has recommended the scrapping of the Essential Commodities Act, 1955 framed during the era of food scarcity since it has become an ..