Current Affairs

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Page-88 of Economy & Banking Current Affairs

India’s Retail Inflation in August 2022

India’s retail inflation has reached 7 per cent in August 2022 – well above the RBI’s comfort level of 6 per cent. Key facts India’s Consumer Price Index...

September 13, 2022

Kirit Parikh Committee to moderate gas prices

The Central Government has recently constituted a committee under the chairmanship of Kirit Parikh to control and reduce the continuous increase in LPG gas prices. Key Points A...

September 9, 2022

Status Report on India’s External Debt 2021-22

The External Debt Management Unit (EDMU), Department of Economic Affairs, Ministry of Finance, recently released the 28th edition of the Status Report on India’s External Debt 2021-22. Highlights...

September 8, 2022

Moody’s retains India’s Baa3 rating with stable outlook

Moody’s Investors Service recently announced its decision to maintain India’s sovereign credit rating at a minimum investment grade of ‘Baa3’ and continue with its “stable” outlook on the...

September 8, 2022

India set to become 3rd largest economy by 2030

Recently, State Bank of India (SBI) released a research report which states that India is likely to become the third largest economy in the world by 2029. Highlights...

September 5, 2022

India becomes world’s fifth-largest economy

Recently, India has overtaken the UK to become the fifth largest economy in the world. India is now behind the US, China, Japan and Germany in terms of...

September 3, 2022

GST revenue up 28% year-on-year in August

The Gross GST Revenue collected in the month of August 2022 is ₹ 1,43,612 crore which is 28% higher than the GST revenue of ₹ 1,12,020 crore in...

September 1, 2022

DPIIT interactive dashboard for user associations

Recently, the Department for Promotion of Industry and Internal Trade (DPIIT) has developed a user-interactive dashboard for industry associations and trade bodies. Key Points This new digital initiative...

September 1, 2022

NSO Data on India’s GDP Rate in Q1

Recently, the National Statistical Office (NSO), Ministry of Statistics and Program Implementation released the estimates of Gross Domestic Product (GDP) at constant (2022-23) and current prices for the...

September 1, 2022

K Subramaniam: Executive Director (India) at IMF

Former Chief Economic Adviser of India K. Subramaniam was recently appointed as the Executive Director of India at the International Monetary Fund (IMF). He will replace Surjit S...

August 27, 2022

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