Page-2 of Topic: GDP Growth Rate
Fiscal Deficit Estimated to be 9.5% of GDP for FY 2020-21
Finance Minister Nirmala Sitharaman highlighted, while presenting the union budget for 2021-2022, that the fiscal deficit in the next financial year is estimated as 6.8 percent of the...
What is Economic Survey?
The economic survey for 2020-2021 will be tabled in the parliament on January 29, 2021 days before the presentation of Union Budget on February 1, 2021. Key Facts...
World Bank: India is expected to grow at 1.5% to 2.8%
On April 13, 2020, the World Bank released its report “South Asia Economic Focus”. According to the report, the Indian Economy is expected to grow at 1.5% to...
OECD lowers India’s GDP growth forecast to 5.1%
International agency OECD recently lowered India’s GDP growth forecast to 5.1 per cent from the earlier projection of 6.2 per cent for 2020-21. For the financial year ending...
India emerged as 5th largest economy in 2019
World Population Review, a US-based think tank, recently stated in its report that India emerged as the world’s fifth largest economy in 2019, with a GDP of $...
RBI projects GDP growth rate at 6% for FY21
The Reserve Bank of India (RBI) recently projected the economic growth of the country to grow by 6 per cent during the next financial year. This is the...
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...
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...
Economic Survey 2020 tabled in the Parliament by the Finance Minister
The Economic Survey of the Fiscal Year 2020 has been tabled in both the houses of Parliament. The survey highlights economic trends in the country, development over the...
IMF lowers from 6.1 to 4.8 Percent GDP Growth Rate for India
The Washington, D.C based international organization, International Monetary Fund (IMF)decreased India’s GDP growth forecast to 4.8 percent for this fiscal year, which is 1.3 percentage point lesser than...
Hyderabad adjudged ‘World’s Most Dynamic City’
The capital city of Telangana and a major hub of technology industries, Hyderabad was recently adjudged as the ‘World’s Most Dynamic City’ based on the parameters like commercial...