India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
IMF LOWERS GLOBAL GROWTH FORECAST TO 3%; INDIA’S TO 6.4% Why in the News? IMF Outlook Update: The International Monetary Fund lowered its 2026 global growth forecast to 3.0% and marginally reduced India’s GDP growth forecast for FY2026–27 from 6.5% to 6.4%. Reason: The revision reflects heightened uncertainty due to West Asia tensions, elevated energy …
Read MoreWhy in the News ? U.S. President Donald Trump announced sweeping reciprocal tariffs on global trade partners, including a 27% duty on Indian exports. Despite ongoing trade talks, India was not spared, prompting muted official responses while global markets reacted with sharp declines and concern. About Trump’s Tariffs and Impact on India: S. President Donald …
Read MoreWhy in the news? The International Labour Organization (ILO) predicts a slight decrease in global unemployment to 4.9% in 2024 from 5.0% in 2023, attributed to lower jobless rates in China, India, and high-income countries. Global economic growth, especially in the United States, and decreasing inflation are contributing to a stable labor market outlook, although …
Read MoreWhy in the news? World food prices rebounded in March, driven by increases in vegetable oils, dairy, and meat, after a three-year low source:worldagrotv Understanding FAO Report: Monthly Price Increases: Vegetable Oil Index: Saw an 8% increase. Dairy Index: Showed a rise. Meat Index: Also experienced a boost. Monthly Price Fall: Milk: Dropped by 1.7%. …
Read More
