Action Covid-19 Team launched in India: First of its kind in the world

The Action COVID Team was launched by top fund mangers of private sector and blue-chip venture capital firm. Significance The Team gained its popularity lately as Rs 1 crore was bagged by the Mylab  from the fund set up by ..

Month: Current Affairs - April, 2020

COP26 postponed due to the COVID-19 pandemic

On April 1, 2020, the United Nations announced that the Conference of Parties (COP 26) that was to be held in Glasgow in November 2020 has been pushed to 2021. This is being done over the threat of COVID-19 virus ..

Month: Current Affairs - April, 2020

G20 Finance Ministers Meet: Nirmala Sitaraman represents India

On March 31, 2020, Nirmala Sitaraman represented India to attend the second G20 Finance Minister Meet. The virtual meet was chaired by Saudi Arabia. Highlights During the first Extraordinary Virtual meet, the finance ministers of the member countries decided to ..

Month: Current Affairs - April, 2020

Saudi King to chair emergency virtual G20 Summit

The King of Saudi Arabia Salman Bin Abdulaziz Al Saud is set to chair an emergency virtual summit of G20 leaders, to accelerate the response to the ongoing coronavirus pandemic. At present, Saudi Arabia holds the G20 presidency and it ..

G20 Video Summit on Corona Virus

The Saudi Arabian King Salman is to chair the G20 summit on Corona Virus through a video conference. The Summit is to be held on March 26, 2020. The summit becomes significant as several international organizations are to participate in ..

Month: Current Affairs - March, 2020

Saudi Arabia to hold virtual G20 Summit as that of India’s SAARC

On March 17, 2020, PM Modi interacted with the Saudi Arabian Crown Prince Mohammed Bin Salman. Prime Minister shared about India’s preparedness to fight against Corona Virus. He also mooted the idea of SAARC like virtual conference among G20 nations. ..

Month: Current Affairs - March, 2020

G20 Meeting of Finance Ministers and Central Bank Governors held in Riyadh

The Meeting of Finance Ministers and Central Bank Governors from G20 nations was recently organised in Riyadh from February 22-23, 2020. The delegates from across the world attended the meeting, which focussed on maintaining the growth of global economy amid ..

Moody’s lowers India’s GDP forecast to 5.4% for 2020

American Credit rating agency, Moody’s Investors Service has lowered India’s growth forecast to 5.4 per cent for the year 2020. Earlier, the country’s growth was estimated as 6.6 per cent. Moody’s said in its update on Global Macro Outlook that ..