INDIAN FINANCE MINISTER SITHARAMAN PRESENTS 2021 BUDGET

HIGHLIGHTS

• Indian Government has unveiled a massive spending plan focused on healthcare and infrastructure.
• The new budget aims to boost the economy ravaged by coronavirus.

On Monday, 1 FEB 2021, Indian finance minister Nirmala Sitha...

JAPAN GOVERNMENT REPORTS DECLINE IN EXPORTS FOR THE MONTH OF AUGUST

Highlights –

• Japan government reports decline in exports for the month of August.
• The country’s exports downgraded by 14.8 percent.
• Imports also decreased by 20.8 percent.
• Exports to China increased while U.S.A export...

JAPAN’S REVISED GDP FOR APRIL-JUNE PERIOD SHRANK BY 28.1 PERCENT IN FISCAL 2020

Highlights –

• Japan’s revised GDP for April-June period shrank by 28.1 percent in fiscal 2020.
• Capital expenditure dropped by 4.7 percent from the previous quarter.
• The exports of goods and services dropped by 18.5 percent.
...

PANDEMIC CONTINUES TO PULL DOWN JAPAN’S CURRENT ACCOUNT SURPLUS; JULY 27.4%

Highlights –

• Pandemic continues to pull down Japan’s current account surplus; July 27.4%.
• The balance in international trade stood at $13 billion.
• The primary income surplus fell by 25.1%.
• Imports dropped by 22.6%.

NEW ONE RUPEE NOTES: INDIAN CURRENCY

Highlights:

• The new one-rupee denominations will be printed by the Ministry of Finance.
• There will be multi-tonal watermarks on the new notes.
• It will contain ‘Bharat Sarkar’, above the words ‘Government of India’.