Economic growth Current Affairs, GK & News

UN World Economic Situation and Prospects 2023 Report

Ukraine – Russia war is creating energy crises, increasing inflation, and causing debt issues all over the world. Amidst these conditions and climate emergencies, the United Nations Department of Economic and Social Affairs launched the “World Economic Situation and Prospects” report or simply the World Economy Report. The report says that the economic growth of ..

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World Economic Forum Meet 2023!

The 53rd edition of the World Economic Forum (WEF) Kicks Off in Davos, Switzerland. The meeting will continue from January 15th to January 20th.The WEF meeting provides a platform for global leaders to share their insights on the prevalent economic conditions across the globe and to discuss the challenges that the world is facing today.It ..

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Gujarat and Rajasthan Emerge as Top Investment Destinations in India

According to data from the Centre for Monitoring Indian Economy (CMIE), Gujarat has surpassed all other Indian states in attracting new investments from both domestic and foreign corporations. Fresh investments worth Rs 3.98 trillion were announced for Gujarat during the financial year (FY) 2022, representing a 273 percent increase over the FY 2021 figure of ..

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NSO First Advance Estimates of National Income

The National Statistical Office (NSO), a division of the Ministry of Statistics and Programme Implementation, has released its First Advance Estimates (FAE) of national income for the financial year 2022-23 at both constant (2011-12) and current prices. These estimates, which serve as essential inputs for the budgeting process, are based on limited data and compiled ..

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August 30: National Small Industry Day

National Small Industry Day is observed every year on August 30, to recognise the value of small businesses existing in India. Highlights It is an annual celebration dedicated to encouraging small businesses across the country. This day is observed with the objective of encouraging small businesses and offering job opportunities to the jobless. Significance of ..

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Indo-Pacific Economic Framework for Prosperity (IPEF)

On 23rd May 2022, Joe Biden, the President of the United States unveiled a discussion on the Indo-Pacific Economic Framework for Prosperity (IPEF). This discussion has been held with a dozen initial partner countries that also include India. The countries represent 40 percent of the world’s GDP. What is the vision of the Indo-Pacific Economic ..

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