Fastest Growing Economy Current Affairs, GK & News
India’s economic growth forecast has been reduced from 8.2% to 7.4%. The International Monetary Fund (IMF) released India’s growth prediction in its World Economic Outlook on July 26, 2022. Key Findings of the IMF’s Outlook: India’s economic growth forecast was estimated to be 8.2% in April. IMF reduced the estimate to 7.4% due to vulnerability ..
Month: Current Affairs - July, 2022
The Central Statistical Office (CSO) has released the data about the GDP for the third quarter. The important facts from the data are: Indian economy decelerated at a faster pace than anticipated in the third quarter of 2018-19 to 6.6%. This was the lowest in five quarters. This increases the possibility of another round of ..
The World Economic Situation and Prospects 2019 report make the following projections for India: India’s GDP growth is expected to accelerate to 7.6 per cent in 2019-20 from an estimated 7.4 per cent in the current fiscal ending March 2019 and growth rate may come down to 7.4 per cent a year later. India will ..
According to Asian Development Bank (ADB), India will continue to be fastest growing major economy, ahead of China, with growth rate of 7.3% in 2018-19 and 7.6% in 2019-20. The growth projections were supplement to ADB’s Asian Development Outlook (ADO). Key Highlights Growth in Asia and Pacific’s developing economies for 2018 and 2019 will remain ..
Month: Current Affairs - July, 2018