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IMF cuts India’s GDP growth forecast to 6.6% on note ban woes
Date: 17 Jan 2017
India may lose the “fastest growing major economy” tag to China in 2016-17 with the International Monetary Fund (IMF) lowering India’s growth forecast for the year by a full percentage point to 6.6% because of disruption caused by the government’s move to invalidate high-value currencies
Demonetisation has hit India’s growth: IMF
Date: 17 Jan 2017
The Naredra Modi government’s demonetisation move could dampen India’s growth by one percentage point in the current fiscal year and 0.4 percentage point next year, compared to its earlier projections, the International Monetary Fund (IMF) said.
IIPS, NCDS organised the IIPS National Seminar 2017 on Population, Health
Date: 17 Jan 2017
IPS, NCDS organised the IIPS National Seminar 2017 on Population, Health in Context of Sustainable Development Goals.
Global unemployment expected to rise by 3.4 million in 2017
Date: 13 Jan 2017
The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, a new ILO report shows.
More investment should come in the Indian economy
Date: 12 Jan 2017
Seminar by Bombay Chamber of Commerce and Industry along with Economic and Political Weekly (EPW) brought out many aspects of demonetisation and what to expect from the coming budget. All the speakers were of the opinion that the economy is sluggish and more investments have to come in the economy.
State Council: China claims lion's share of global growth
Date: 11 Jan 2017
China contributed up to 40 percent of global economic growth in 2016, double the total contribution of developed economies, Jiang Jianguo, Minister of the State Council Information Office said on Tuesday in Geneva.
10% of demonetised currency won't return to the system: Niti Aayog's Debroy
Date: 10 Jan 2017
While the Reserve Bank of India (RBI) is still reconciling the quantum of demonetised currency that has been returned to banks by the December 30, 2016 deadline, NITI Aayog Member Bibek Debroy feels about 10 per cent of such notes won't return to the system.
Demonetisation to remonetisation receives partial response: Survey
Date: 10 Jan 2017
The completion of 50-day of notes ban which was announced by Prime Minister Narendra Modi on November 8 in a bid to strike black money, corruption, counterfeiting and funding to terror organisations, evoked a partial response from the economists, business and people.
Course for primary teachers to be deigned by IGNOU
Date: 10 Jan 2017
The Indira Gandhi National Open University (IGNOU) has proposed the Odisha government to make Certificate Course in Guidance (CCG) mandatory for primary school teachers in government schools.
Demonetisation impact: 35% jobs losses in first 34 days, SMEs worst hit
Date: 09 Jan 2017
To many it may seem like a bold move by a confident Prime Minister, but to others, it spelt nothing but doom.A study by the All India Manufacturers’ Organisation (AIMO) reveals that micro-small scale industries suffered 35 per cent jobs losses and a 50 per cent dip in revenue due to Prime Minister N
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