Coronavirus has continued to create havoc worldwide with more than 30,000 suspected cases and 500+ cases of death. Donald Trump and Co. had sent a Peace Proposal to resolve Israel – Palestine conflict. India’s Economic Survey 2019-20 has given a new barometer for Indian Economy, Thalinomics, which simply means the economics of a food plate in India. In Budget 2020, Finance Minister Nirmala Sitharaman announced massive personal tax cuts. PM Modi had announced the formation of temple trust for the construction of Ram Temple at Ayodhya. Have a quick roundup of what happened in India and across the globe by clicking the top stories of the week:
CoronaVirus – A Chinese Pandemic Storming The World – The Chinese born 2019-nCoV, which quickly became famous as Novel Coronavirus worldwide, led cities to be sealed off, caused airlines to cancel flights to and from China and disrupted global supply chains.
US’ Israel-Palestine Proposal An Opportunity For Russia And India? – India has joined this geopolitical game by asking conflict-hit nations to accept US’s proposal while Russia holds talks with Middle East nations.
To Understand Indian Economy, Thalinomics At Rescue – Chief Economic Advisor (CEA) Krishnamurthy Subramaniam presented this year’s Economic Survey assessing the country’s economic, regulatory, governance, and social situation. In order to effectively understand the effects of economic policies, he has coined an indigenous term “Thalinomics“.
Budget 2020: A Demand-Side Measure To Spur Economy? – Major reforms like the reduction of Personal Tax rates, change in Dividend Distribution Tax, reforms in Agriculture, Education, Infra and other sectors, seemed like a step towards the necessary Demand-side measure to spur economic growth.
PM Modi Announces Ram Temple Trust Ahead Of Delhi Elections – PM Narendra Modi, in Parliament, announced that the Cabinet has given its nod to the formation of the Shri Ram Janambhoomi Teerth Shetra.
Comments