 "Pakistan faces drastic reforms, eliminating 150,000 jobs and closing ministries in a desperate bid to stabilize its economy.")
In a move to reduce government spending, Pakistan announced plans to eliminate around 150,000 government jobs and to close or merge several ministries as part of reforms linked to a USD 7 billion loan from the International Monetary Fund (IMF). This decision follows the IMF’s approval of a financial assistance package after Pakistan agreed to ...
 "Tata Motors unveils a ₹9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and boosting local economy.")
Tata Motors has officially commenced the construction of a new manufacturing facility in Tamil Nadu with an investment of ₹9,000 crore. This significant project, marked by a foundation stone-laying ceremony attended by Chief Minister M K Stalin and Tata Sons Chairman N Chandrasekaran, is located in Panapakkam, approximately 115 km from Chennai. The facility is ...
 "Nirmala Sitharaman urges AIIB to support low-income nations, strengthens ties with Qatar amid India’s booming economy.")
Union Finance Minister Nirmala Sitharaman urged the Asian Infrastructure Investment Bank (AIIB) to maintain a client-centric approach, especially for low-income countries, to access financial resources and technical assistance. During a meeting with AIIB President Jin Liqun prior to the 9th Annual Meeting of Board of Governors, she praised the bank’s rapid growth over nine years. ...
 "India’s economy surged to an 8.2% growth in FY24, but the RBI faces inflation challenges ahead of potential rate cuts.")
India’s economy is showing remarkable resilience, with a growth rate of 8.2% recorded in FY24. S&P Global Ratings has kept its GDP growth forecast for FY25 at 6.8%, acknowledging that the Reserve Bank of India may reduce interest rates as early as October due to moderated urban demand. The Indian government’s focus on fiscal consolidation ...
 "Tata Power’s Odisha Discoms award ₹11,481 crore in contracts, empowering local vendors and transforming the region’s economy.")
Tata Power-led Odisha Discoms have made a significant investment by awarding contracts worth Rs 11,481 crore to local contractors and suppliers. Over the past three years, these contracts have focused on supporting local businesses, with Rs 8,690 crore going to micro, small, and medium enterprises (MSMEs) and Rs 2,791 crore to larger firms. The contracts ...
Stay updated with the latest happenings in the financial world with these 50 multiple-choice questions. Based on significant events and updates reported on May 19, 2024, this comprehensive quiz is perfect for those preparing for competitive exams or anyone keen on current affairs. Current Affairs Questions and Answers for Business category Q1: Which company announced ...
Today’s Current Affairs: Saudi Space Agency and NASA Collaborate to Build $2 Trillion Global Space Economy by 2035 In a recent announcement, NASA Administrator Bill Nelson revealed that the Center for Space Futures, hosted by the Saudi Space Agency, aims to send a mission to the moon and establish a $2 trillion global space economy ...
Today’s Current Affairs: Saudi Space Agency and NASA Collaborate to Build $2 Trillion Global Space Economy by 2035 In a recent announcement, NASA Administrator Bill Nelson revealed that the Center for Space Futures, hosted by the Saudi Space Agency, aims to send a mission to the moon and establish a $2 trillion global space economy ...
China has recently announced plans to kickstart a $140 billion debt sale in efforts to revitalize its economy. This move comes as the country aims to boost economic growth amidst the ongoing global pandemic. The decision to inject this significant amount of capital into the Market is seen as a crucial step towards stimulating economic ...
The U.S. economy faces the potential for collapse due to various economic challenges. If not addressed effectively, experts warn that the consequences could be severe for citizens and businesses alike. Stay tuned for updates on this critical situation. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This ...
