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...
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...
The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%. Earlier, the GDP...
The Economic Survey 2021-22 was tabled in Parliament on January 31, 2022 by Finance minister Nirmala Sitharaman. Who prepared the Economic Survey? Economic Survey 2021-22 was prepared by...
The Union Ministry of Labour and Employment recently released the second round of Quarterly Employment Survey. According to the survey, nine sectors hired two lakh people. This accounted...
World bank’s Global Economic Prospects’ Report was released on January 11, 2022. Key Findings of the report The report notes that, Global economic growth will decrease sharply to...
According to Centre for Economics and Business Research (CEBR), India will regain sixth position from France in 2022 and become the third-largest economy in 2031. Highlights Earlier it...
On December 14, 2021, the Asian Development Bank released its Asian Development Outlook Report and reduced its growth forecasts for developing Asia for year 2021. Key Points This...
On November 25, 2021, Moody’s Investors Service highlight that, India’s rising vaccination rate, high public spending and low interest rates are driving the positive outlook for corporate sector...
The International Monetary Fund (IMF) published its annual report on October 15, 2021. In its report, it states that, India’s economy is gradually recovering after it was hit...
