Global GDP growth may be the slowest since 2009; world economy to strengthen in the second half of 2020, says forecaster Oxford Economics. Read more »
The Paris Clime agreement has set stiff targets for carbon emissions to limit global warming due to human activities, but the developed nations are accused of taking policies inconsistent with the policy... Read more »
Kerala state Budget for financial year 2020-21 is a daring attempt by the finance minister to overcome the resource constraints and the depressed economic conditions.
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Among the 30 major items, 21 items of exports and 17 imported items posted negative growth. Read more »
The wholesale inflation breached the Reserve Bank of India's comfort level of 6% for the second month running. Read more »
The RBI decisions indicate that there is scope for further rate cuts in 2020, though they may not be on the same level as those effected in 2019. Read more »
India’s trade with China fell from $89.71 billion in 2017-18 to $87.07 billion in 2018-19, mainly due to a decline in imports from $76.38 billion to $70.32 billion. Read more »
Despite the dramatic success in reducing poverty, about 8.8% of Indians are facing severe poverty. About a fifth of Indian population are vulnerable to multidimensional poverty, says the report. Read more »
The scheme resulted in a 10% decline in the use of chemical fertilizers and a 6% rise in the productivity of the soil. Read more »
RBI is expected to keep the repo, reverse repo, and bank rates at the current level and give an accommodative stance to support economic growth. Read more »