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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 Bank’s Migration and Development Brief
As per the report of the World Bank’s Migration and Development Brief, India has retained its position as the world’s top recipient of remittances (money sent back home by its nationals working abroad) in 2018. World Bank Report on Remittances ..
Month: Current Affairs - April, 2019
China forest fire: 30 dead
Around 30 people killed including 27 fire fighters in China. The fire broke on Saturday in Siachuan province. The sudden change in the wind direction caused a huge fire ball. The local authorities employed 689 people to put off the ..
2019 Malaysian Open Badminton
The 2019 Malaysia Open Badminton tournament was held at Axiata Arena in Malaysia from 2 to 7 April 2019 and has a total purse of $700,000. Winners of the Tournament Men’s Singles: Lin Dan (China) Women’s Singles: Tai Tzu-ying (Taiwan) Men’s Doubles: Li Junhui & ..
Month: Current Affairs - April, 2019
China’s BRI is expanding
The Belt Road Initiative of china with Railways, ports, power plants and many other projects in dozens of countries is expanding at a slower pace, but is still expanding. US, china, Russia and Japan is concerned that China is expanding ..
Philippines warns China to back off the disputed island
Philippines President Duterte has warned China to back off the disputed island in South China sea. The Chinese presence in the South China Sea is increasing and has been warned by adjacent countries. It has also received criticism all over ..
US approves sale of 24 MH 60 Romeo Seahawk helicopters to India
The United States Department of State on Tuesday approved the sale of 24 multi-role MH-60 Romeo Seahawk helicopters to India at a price of $2.4 billion (Rs 16,516 crore). Sale of MH 60 Romeo Seahawk helicopters The Lockheed Martin-built helicopters ..
Month: Current Affairs - April, 2019
ADB cuts India growth forecast to 7.2% for 2019-20
The Asian Development Bank (ADB) in the recent Asian Development Outlook report has made the following observations in the forecast for the financial year 2019-20: India’s growth forecast was lowered for 2019-20 to 7.2% from 7.6% estimated earlier due to moderation in ..
Month: Current Affairs - April, 2019
State of Global Air 2019
The US-based organisation Health Effects Institute (HEI) has released the State of Global Air 2019. The findings of the Study are: Overall long-term exposure to outdoor and indoor air pollution contributed to nearly five million deaths from stroke, diabetes, heart ..
Month: Current Affairs - April, 2019
India gains access to Bolivian Lithium Reserves
India and Bolivia have signed an agreement for the development and industrial use of lithium, a prime component used to power electric vehicles and cell phones during the state visit of the President Ram Nath Kovind to Bolivia. Forging Partnerships ..