Moody’s has recently downgraded India’s ranking from Baa2 to Baa3. Further Moody’s has given the rationale that it has not included the economic impact of the pandemic and the downgrade is due to India’s fundamental before the onset of the pandemic and the extended lockdown with which India has responded. This downgrade should come as an awakening call for the government.
Relevance: In the recent past, the Union Government of India and the provincial governments in the States were at logger-head on the issue of distribution of tax proceeds and the fair share of compensation that [Read More]
Relevance: It is since 1980, during the tenure of Gen Zia-ul-Haq as the president of Pakistan and Lt. Gen. Hamid Gul as the head of ISI, that Pakistan adopted the policy of ‘proxy war’ and [Read More]
The Lower House of Nepal’s Parliament has expressed a cross-party support for the new map which shows the disputed regions of Kalapani as the part of sovereign Napalese terrority. The article highlights the number of [Read More]
Copyright © 2022 Current Affairs Review
Did you check the recent updates in Issues-in-News?
Be the first to comment