IMF projects growth rate of 7.3% for India in FY19

The International Monetary Fund (IMF) has predicted a growth rate of 7.3% for India in FY19 and 7.4% in FY20. In 2017, India had clocked a 6.7% growth rate. The latest World Economic Outlook (WEO) Report has predicted a slightly ..

UK tops 2018 ‘Soft Power 30’ index

UK has topped an annual global ranking of nations’ soft power. The 2018 ‘Soft Power 30’ index is published by UK-based strategic communications consultancy firm Portland and the University of Southern California Center on Public Diplomacy. This index has listed ..

IMF reaffirms that India to be fastest-growing major economy in 2018

In its latest report “Asia and Pacific Regional Economic Outlook”, the International Monetary Fund (IMF) has reaffirmed that India will be the fastest-growing major economy in 2018, with a growth rate of 7.4% that rises to 7.8% in 2019 with ..

India world’s 6th largest economy

As per the database of IMF’s World Economic Outlook (WEO) for April 2018, India is the world’s 6th largest economy with record Gross Domestic Product (GDP) of $2.6 trillion for 2017. The five economies ahead are the United States, China, ..

Month: Current Affairs - April, 2018

IMF projects India’s growth rate to 7.4% in 2018 and 7.8% in 2019

The International Monetary Fund in the latest World Economic Outlook (WEO) has projected India to grow at growth rate at 7.4% in 2018 and 7.8% in 2019, up from 6.7% in 2017. The report stated that India in 2018 and ..

Month: Current Affairs - April, 2018

Redistributive Resource Transfer

Redistributive Resource Transfer or RRT to a state (from the Centre) is defined as gross devolution to the state adjusted for the respective state’s share in aggregate Gross Domestic Product (GDP). Differences between foreign aid and RRTs are as follows: RRTs ..

India Ratings and Research (Ind-Ra) projects India’s growth to 7.1%

The India Ratings and Research (Ind-Ra) has projected the India’s economic growth to improve to 7.1% for FY19 (2018-19) from 6.5% this year, buoyed by robust consumption demand and low commodity prices. In its outlook for 2018-19, the India Ratings, ..

IMF reduces India’s growth forecast to 6.7%

The International Monetary Fund (IMF) has recently released its October 2017 World Economic Outlook. In it, IMF slashed India’s growth forecast by 0.5% points to 6.7% in FY 18 due to the lingering effects of disruption caused by demonetisation and ..

The United Nations (UN) launches #NotATarget campaign for 2017 World Humanitarian Day (WHD)

The World Humanitarian Day (WHD) is observed every year on August 19 to pay tribute to aid workers who risk their lives in humanitarian service, and to rally support for people affected by crises around the world. The 2017 WHD ..

Realism in International Relations

Realism is a mainstay of International Relations (IR) theory. It offers a pragmatic lens through which to view the complexities of global politics. This approach focuses on the competitive nature of state interactions, prioritising power and national interests. Realism provides ..