Tag: India

Pakistan airspace closure hits Afghan, Kazakh, Russian airlines

The closure of Pakistan’s airspace,since the Indian Air Force (IAF) strikes in Balakot has affected international flights to and from India.The worst affected are airlines from West and Central Asia as their proximity to India and Pakistan means that they have to now take a much longer route to comply with the ban. The Afghan… Continue reading Pakistan airspace closure hits Afghan, Kazakh, Russian airlines

Pakistan could be blacklisted by FATF due to ‘lobbying by India’, says Qureshi

Pakistan foreign minister has said that Pakistan could be blacklisted by the Financial Action Task Force (FATF) due to lobbying by India.He estimated that Pakistan could suffer $10 billion loss annually if it remains on the FATF grey list. In June 2018,the Paris-based FATF had placed Pakistan on the grey list of countries.Pakistan was put… Continue reading Pakistan could be blacklisted by FATF due to ‘lobbying by India’, says Qureshi

Poverty down from 55% to 28% in a decade till 2015-16, study shows

According to the Global multidimensional poverty index(MPI) 2018 Report,India has reduced its poverty rate drastically from 55% to 28% in 10 years.India has taken 271 million people out of poverty between 2005-06 and 2015-16.However,India still has 364 million poor in 2015-16,the largest for any country. The Global MPI 2018 Report is prepared by the United… Continue reading Poverty down from 55% to 28% in a decade till 2015-16, study shows

Pakistan okays plan to open Sharda Peeth corridor for Hindu pilgrims in PoK

Pakistan Government has approved proposal to establish Sharda Peeth corridor that will allow Hindu pilgrims especially Kashmiri Pandits from India to visit the Sharda Peeth,an ancient Hindu temple and cultural site in Pakistan-occupied Kashmir. The Sharda Peeth corridor when opened will be the second religious tract after Kartarpur corridor in Pakistan-controlled territory that will connect… Continue reading Pakistan okays plan to open Sharda Peeth corridor for Hindu pilgrims in PoK

India ranks 76th on WEF’s global Energy Transition index; Sweden on top

India has been ranked 76th out of 115 countries on 2019 Global Energy Transition Index(GETI).The index is released by the World Economic Forum (WEF).It ranks 115 countries on how well they are able to balance energy security and access with environmental sustainability and affordability. India has moved up two places from 78th last year.India is… Continue reading India ranks 76th on WEF’s global Energy Transition index; Sweden on top

Fitch cuts India GDP growth forecast for FY20 to 6.8%

Global rating agency Fitch has cut its India’s Gross domestic product(GDP) growth forecast to 6.8% for 2019-20 from the earlier estimate of 7%.It was cut due to weak momentum in manufacturing and agriculture.However,it said India’s economic growth is expected to be 7.1% in 2020-21. The weak momentum has been due to (a)credit availability has tightened… Continue reading Fitch cuts India GDP growth forecast for FY20 to 6.8%

Finland is the happiest nation, India slips 7 spots, ranks 140th

India has been ranked at 140th on the United Nations World Happiness Report 2019 that ranked 156 countries.It is a decline of seven spots from 133rd in the last year’s report. Finland topped the list for the second consecutive year,followed by Denmark and Norway.South Sudan was ranked at the bottom of the index.Meanwhile, India’s neighbours… Continue reading Finland is the happiest nation, India slips 7 spots, ranks 140th

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