GDP growth Current Affairs, GK & News
NSO Data on India’s GDP Rate in Q1
Recently, the National Statistical Office (NSO), Ministry of Statistics and Program Implementation released the estimates of Gross Domestic Product (GDP) at constant (2022-23) and current prices for the first quarter (April-June) of 2022-23. Key Findings In the first quarter (April-June) of the current financial year, the country’s economy has registered a growth of 13.5 percent. ..
Month: current affairs - september, 2022
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: GDP • GDP estimate • GDP growth • GDP Rate in Q1 • Gross value added • infrastructure sectors • National Statistical Office • NSO • NSO Data • NSO Estimates on GDP Growth • Q1 • Q1 GDP estimate
What are current trends in India’s GDP growth forecast?
Recently, India’s GDP Growth Forecast for current financial year was lowered to 7.2 percent by Morgan Stanley. It marked a reduction by 40 basis points, as compared to last forecast. Growth forecast was lowered in light of a slowdown in global growth. Trends in India’s GDP Growth: Morgan Stanley has also reduced the Growth Forecast ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: CPI inflation • GDP growth • GDP Growth Rate • India's GDP Forecast • Morgan Stanley
Economic Survey of Delhi 2021-22
According to the Economic Survey of Delhi 2021-22, the nation’s capital is one of the country’s most prosperous states. It has ranked third as per the per capita income behind the states of Goa and Sikkim. Overview: This survey was presented in Delhi’s state Assembly by Deputy Chief Minister Manish Sisodia. In 2021-22, Delhi’s per ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2022 • States Current Affairs
Topics: Delhi • Economic Survey of Delhi 2021-22 • GDP growth • Manish Sisodia • Outcome budget • Per capita Income
S&P Cuts India’s Growth Forecast to 9.5%
Global rating agency, S&P, has cut India’s growth forecast for fiscal year 2021-2022 to 9.5 per cent. Earlier, it was kept at 11 per cent. Highlights Rating agency has warned of risk to the growth rate from upcoming waves of COVID-19 pandemic. S&P lowered growth projecting because lockdown, induced as a result of severe second ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: COVID-19 • GDP growth • GDP Growth Rate • Growth factors • Growth Forecast • S&P cuts growth rate
SBI revises FY22 GDP projection to 7.9%
Economic research department of State Bank of India has published “Ecowrap 2021” report and revised real GDP projection for Financial Year 2022 to 7.9 percent from 10.4 percent earlier. Report highlights disproportionately larger impact of second wave of Covid-19 pandemic on economy. Key Findings It says, GDP outlook will be impacted by trajectory of international ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: COVID-19 • Ecowrap Report • GDP • GDP growth • State Bank of India • Third Wave of Covid-19
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 gross domestic product (GDP). Highlights The finance minister highlighted that the fiscal deficit is estimated to increase up to 9.5% in the Financial Year 2020-21. The rise ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: fiscal deficit • GDP growth • GDP Growth Rate • Gross domestic product • Union Budget 2021