Topic: Economy of India
Moody’s cuts India’s GDP growth projection to 5.5% for next fiscal
Moody’s Investors Service recently released its estimates for India’s GDP growth in the upcoming fiscals. It lowered the real GDP growth projection for the next 2020-21 fiscal to...
Fiscal deficit target raised to 3.8 percent for FY20
In the recent Union Budget 2020-21, the government has estimated the fiscal deficit target for 2020-21 at 3.5 per cent of GDP (Budget Estimate). The fiscal deficit target...
Union Budget 2020-21: disinvestment target set at ₹ 1.2 Lakh Crores
In the Union Budget 2020-21, the Government has set its disinvestment target at ₹ 1.2 Lakh Crores for the fiscal year 2020-21. The government also expects ₹90,000 crore... NSO releases revised estimates of India’s economic growth
The National Statistical Office released revised estimates for economic growth of India for the last three years, on January 31,2020. As per the report, it fixed the actual...
Vizag Port records highest growth rate among major ports
The Vishakapatnam Port Trust has recorded a growth rate of 10% for this fiscal year despite the economic slowdown and weak market conditions. The VPT is currently at...
Major global cities to slow down according to research
New research studies have predicted that the growth in major cities around the world will slow down in 2020 and 2021. The Oxford economic researchers reported that out...
Cabinet approves Sale of Government stake in CPSEs
On 20 Nov, the Union Cabinet approved the sale of government’s stake in Bharat Petroleum Corporation Limited (BPCL), Shipping Corporation of India (SCI) and freight-linked container corporation of...
Cube Highways bid the highest for third lot of TOT projects
Cube Highways has emerged as the highest bidder for the third of the toll-operate-transfer (TOT) projects offered by the National Highways Authority of India. The National investment and...
PMAY empowered millions furthering Ease of Living, says PM Narendra Modi
On the completion of three years of the Pradhan Mantri Awas Yojana, PMAY , Prime Minister Narendra Modi said that the scheme has significantly contributed in furthering the...
