World economy Current Affairs, GK & News
The United Nations recently released the World Economic Situation and Prospects Report, 2020. According to the report, the world economy is to shrink by 3.2% in 2020. The GDP growth in developed countries will decline to -0.5% in 2020. Highlights: India The report says that the growth rate of India in 2018 was 6.8% and ..
Month: Current Affairs - May, 2020
Category: Reports & Indexes Current Affairs
India has slipped sharply by 10 places to rank 68th on the 2019 WEF Global Competitiveness Index due to improvements witnessed by several other economies. The index is compiled by the Geneva-based World Economic Forum (WEF). In the overall competitiveness ranking, Singapore replaced the US to take the first position.
The World Trade Organisation (WTO) is hosting the first-ever World Cotton Day (WCD) in Geneva on 7th October 2019. Union Textiles Minister Smriti Irani is representing India in the 5-day event of WCD. The WCD will celebrate the many advantages of cotton, from its qualities as a natural fibre, to the benefits people obtain from ..
The latest iteration of the Travel & Tourism Competitiveness Index for 2019 has been released by the World Economic Forum (WEF). In a piece of great news for India, it has improved its position by six places and is now ranked 34th on world travel and tourism competitiveness index. What has happened? The Travel & ..
Topics: Competition • Competitiveness Index • Economy • International rankings of Nepal • International rankings of the Czech Republic • Travel and Tourism Competitiveness Report • World Economic Forum • World economy
The World Travel and Tourism Competitiveness Index (TTCI) 2019 has been released by the World Economic Forum (WEF). In it, India has moved up six places to rank 34th because of its rich natural and cultural resources and strong price competitiveness. Spain topped the index, followed by France, Germany, Japan and the United States. The ..