ILO Governing Body Meeting 2024

International Labour Organization Meeting: ILO’s 352nd Governing Body in Geneva

ILO’s 352nd Governing Body Meeting Kicks Off in Geneva The 352nd Governing Body Meeting of the International Labour Organization (ILO) commenced in Geneva, Switzerland, bringing together representatives from member states to discuss crucial issues surrounding global labor standards, social protection, and employment policies. This pivotal meeting is set against the backdrop of evolving labor markets…

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OPEC oil production

OPEC oil production : OPEC Members Announce Cut in Oil Production Exceeding One Million Barrels per Day from Next Month – News and Analysis

OPEC oil production : OPEC members announce cut in oil production exceeding one million barrels per day from next month In a major development, the members of the Organization of the Petroleum Exporting Countries (OPEC) have announced a cut in oil production exceeding one million barrels per day from next month. This decision was taken…

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India fiscal deficit

India fiscal deficit : India’s April-February Fiscal Deficit at Rs 14.54 Lakh Crore: 83% of FY23 Target – Government Finances and COVID-19 Impact on Indian Economy.

India fiscal deficit : India’s April-February Fiscal Deficit at Rs 14.54 Lakh Crore: 83% of FY23 Target India’s fiscal deficit for the first eleven months of the fiscal year 2022-23 was Rs 14.54 lakh crore, which is equivalent to 83% of the target for the entire fiscal year, according to the data released by the…

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IMF support package for Ukraine

IMF support package for Ukraine : IMF approves $15.6 billion support package for Ukraine: Significance, measures, and challenges

A) IMF support package for Ukraine : IMF approves $15.6 billion support package for Ukraine The International Monetary Fund (IMF) has approved a $15.6 billion support package for Ukraine to help the country cope with economic challenges caused by the COVID-19 pandemic. This three-year Extended Fund Facility (EFF) will enable Ukraine to continue implementing its…

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Global economy

Global Economy Faces Lost Decade, Says World Bank

World Bank warns of a “Lost Decade” for the Global Economy The World Bank has issued a warning that the global economy is at risk of experiencing a “lost decade” due to the COVID-19 pandemic. According to the World Bank, the pandemic has caused a severe and widespread economic contraction, which has led to significant…

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