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Economic & Finance

India’s economic recovery unrushed due to geopolitical crisis

India’s economic recovery remains unrushed due to the recent pandemic and Russian invasion.  As previously predicted, India’s economic recovery is growing slower due to last year’s Covid cases and rising commodity prices.  India’s economic recovery delayed According to the median estimate in a Bloomberg survey, GDP probably expanded 9.1% in the year to March 31. 

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Laws & Registration

Ex NSE Chief interrogated for 12 hours by CBI

Ex NSE Chief Chitra Ramkrishna was interrogated for 12 hours by CBI for sharing NSE financial data with a Himalayan spiritual guru.  Investigators suspect the two used code when exchanging emails, indicating the ‘yogi’ guided the ex NSE Chief to run the NSE.  Ex NSE Chief ‘conned’ by faceless yogi Former MD and CEO of

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World Affairs

Bill Gates invited for National Task Force for Polio Eradication

Prime Minister Imran Khan invited Bill Gates to attend the National Task Force for Polio Eradication meeting.  Furthermore, PM Imran Khan thanked the Bill & Melinda Gates Foundation for supporting and partnering with the Govt. of Pakistan for Polio eradication.  The trip is Bill Gates’s first-ever trip to Pakistan, and he thanks Pakistan’s PM for

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World Affairs

India and UAE are likely to sign a free trade agreement 

On February 18, India and UAE are likely to sign a free trade agreement. The agreement gives both countries duty-free access to several products from various sectors.  Prime Minister Narendra Modi would host a virtual summit on February 18 with Deputy Supreme Commander of the UAE Armed Forces and Crown Prince of Abu Dhabi, Sheikh

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Economic & Finance

Pankaj Chaudhary: India’s GDP reckoned to grow at 9.2%

On Monday, Minister of State of Finance, Pankaj Chaudhary, said that India’s GDP reckoned to grow at 9.2%. In 2021-22 the estimated GDP will grow 9.2% to Rs 147.5 lakh crores.  Chaudhary also said in a written reply to a query in the Lok Sabha that the government implemented various significant reforms in recent years

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Economic & Finance

Fast-rising wages led the Fed to raise higher interest rates

The fast-rising wages could lead the Fed to raise higher interest rates. The Labor Department data released on Friday stated the average hourly earnings soared to 0.7% in January.  In the previous 12 months, the average hourly earnings ran at a 5.7% pace. Going back to 2007 the fast-rising wages is the fastest-move by a

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Energy & Environment

Blockchain rare-earth scheme certifies sustainability for EVs

The blockchain rare-earth scheme is an EU-funded certification scheme. The is project is to certify sustainability for EVs.  Automakers demanded evidence about materials used in manufacturing magnets for EVs. Therefore, the EU-funded certification scheme uses blockchain and is under development for rare earth.  What is the Blockchain rare-earth scheme? The Rare Earth Industry Association (REIA)

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Economic & Finance Politics World Affairs

Why Does Pakistan lag behind Bangladesh?

Bangladesh recently celebrated its 50th founding anniversary. In 1972, Henry Kissinger, the US Secretary of State, described Bangladesh as a “bottomless basket” for an independent country. On the other hand, in 1976, Norwegian economist Just Faland and American economist JR Parkinson published a book from London called ‘Bangladesh the Test Case for Development. The book

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Politics World Affairs

No Plan to Impose Sanctions against Bangladesh: An Analysis on US Congressman’s Comment

The US Treasury Department imposed sanctions against the Rapid Action Battalion (RAB), Bangladesh’s elite paramilitary force, and seven of its current and former officials accusing of human rights abuses through extrajudicial killings. This decision was like a “bolt from the blue” for Bangladesh as the sanctions were imposed “unilaterally” without any “prior information.” Also, the

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Economic & Finance Market Overview World Affairs

New Zealand suffers with highest inflation in last 30 years

New Zealand (NZ) is hit by a bad wave of inflation. According to reports New Zealand inflation rate hit 5.9 percent recently, experiencing the fastest growth rate since 1990. This is a very rapid increase as the inflation rate just in September, 2021 was at 4.9 percent. “Rising inflation leads to rising interest rates which

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