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...
The Asian Development Bank (ADP) has reduced its forecast for India’s GDP growth to 10 percent in 2021-22, from 11 percent it projected earlier. Key Points GDP growth...
According to the data of Ministry of Statistics & Programme Implementation, economic growth of India accelerated to a record high in the quarter through June 2021. Highlights It...
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...
Chairman of 15th Finance Commission, NK Singh, has been elected as the new president of Institute of Economic Growth (IEG) Society. Key Facts He succeeded former Prime Minister...
Central Statistics Office (CSO) released India’s gross domestic product (GDP) data for January-March quarter of financial year 2020-21. According to it, Indian economy is likely to expand in...
Organisation for Economic Co-operation and Development (OECD) has cut India’s growth projection to 9.9 % for Financial Year 2022. In March, it estimated growth to 12.6%. Rate was...
