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Global Concerns: Pakistan to remain on FATF ‘greylist’

Pakistan to remain on FATF ‘greylist’ Approx Read Time: 6 minutes In News: Pakistan received another extension on the “greylist”, as the Financial Action Task Force (FATF) plenary session. Background: In June 2018, FATF placed Pakistan on enhanced monitoring process or the ‘grey list’, because of its deficiencies in the anti-money laundering and counter terrorist …

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USTR takes India off developing country list

Developing Countries Approx Read Time: 5 minutes In News: The U.S. government has changed an administrative rule making it easier for it to impose countervailing duties (CVDs) on goods from India and certain other countries. In doing so, the Office of the United States Trade Representative (USTR), has reduced the threshold for beginning a US …

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What is PISA test and why is it significant?

What is PISA test? Approx Read Time: 3 minutes In News: The PISA (Programme for International Student Assessment) 2018 results have been published. PISA is the global education evaluation system conducted by OECD, done every three years. Asian countries came out on top, with China and Singapore ranked first and second. India has not participated …

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Economic Bytes: India climbs Business Ranking

India climbs 14 notches in ease of doing business ranking Approx Read Time: 5 minutes  In News: (India climbs Business Ranking) India improved 14 rungs in the World Bank’s Ease of Doing Business 2020 survey to stand at 63, among 190 countries. The indicator measures the performance of countries across 10 different dimensions in the …

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Extra Bytes: Switzerland unveils Indian accounts

Swiss FTA submits first set of data on Indian account holders – (Switzerland unveils Indian accounts) Approx Read Time: 3 minutes In News: (Switzerland unveils Indian accounts) India has got the first set of Swiss bank account details of its nationals under a new Automatic Exchange Of Information pact (AEOI) with Switzerland. News Summary: Over …

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