World Economic Outlook: Key Facts

The International Monetary Fund has recently launched the World Economic Outlook 2020. The report has been titled “A Long and Difficult Ascent”. It is launched twice a year. Once in June and then in October. The one recently launched is the October version. Key findings of the report The report has projected that India’s economy ..

Month: Current Affairs - October, 2020

Category: Reports & Indexes Current Affairs

Topics: Below Poverty Line • Economic Slowdown • Extreme poverty • International Monetary Fund (IMF) • World Bank • World Economic Outlook

IMF: World Economic Outlook

On June 24, 2020, the International Monetary Fund projected a sharp decline in the growth of Indian Economy. According to the IMF, the Indian economy is to contract by 4.5%. Highlights According to IMF, though India’s growth is to decline, the country will bounce back in 2021 with a growth rate of 6%. Global Projections ..

Month: Current Affairs - June, 2020

Category: Reports & Indexes Current Affairs

Topics: China • developing countries • Economic growth • GDP growth • International Monetary Fund (IMF) • Per capita Income • World Economic Outlook

IMF: World Economic Outlook, 2019

The World Economic Outlook is a biennial report that is released in April and October. According the report released recently on October 15, 2019, the global economy is at its slowest pace of growth at 3%. This is a serious climb down from 3.8% in 2017. Key highlights of the report The Global growth rate ..

Month: Current Affairs - October, 2019

Category: Reports & Indexes Current Affairs

Topics: Economic Slowdown • Global Economic Outlook • Growth rate • IMF • International Monetary Fund • World Economic Outlook

Tariff War: India levies retaliatory tariffs on 28 US products

In a tit-for-tat trade battle between the United States (US) and India, latter imposed higher tariffs on 28 American goods including almonds, apples and walnut in retaliation to US tariffs. Key Highlights Among targeted US products imported, the custom duty on walnut is increased from 30% to 120%, and on chickpeas, masur dal and Bengal ..

Month: Current Affairs - June, 2019

Category: Economy & Banking Current Affairs

Topics: artemia • External Affairs Minister • G20 summit • Generalised System of Preferences • India-US Trade War • International Monetary Fund • Mike Pompeo • Retaliatory Tariffs • S jaishankar • Tariffs on US goods • US Secretary of State • US-China Trade War • World Economic Outlook

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 attributed to lower global expansion in the second half of 2018 caused by U.S.-China trade ..

Month: Current Affairs - April, 2019

Category: Economy & Banking Current Affairs

Topics: Argentina • China • IMF • International Monetary Fund • RBI • Reserve Bank of India • Turkey • US • US-China trade dispute • World Economic Outlook • World Economic Outlook April 2019