GDP
IMF calls for reforms of China’s Growth model
The International Monetary Fund says that the potential growth of China is falling. The country is in need of comprehensive economic reforms. The international organization has made this call because Chinese investments are diminishing. Also, the growth model of china ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs • International / World Current Affairs
Economic Survey 2022-23: Highlights
Economic Survey is presented a day before the Budget session. Finance Ministry prepares the survey. The survey says that in 2024, India’s GDP will be in the range of 6% to 6.8%. Public digital platforms played a major role in ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
CII Business Confidence Index
The Confederation of Indian Industry (CII) has reported that the latest CII Business Confidence Index for the October-December quarter rebounded to its highest reading in almost two years, with a value of 67.6. This is an increase from 62.2 in ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
NSO First Advance Estimates of National Income
The National Statistical Office (NSO), a division of the Ministry of Statistics and Programme Implementation, has released its First Advance Estimates (FAE) of national income for the financial year 2022-23 at both constant (2011-12) and current prices. These estimates, which ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
World Bank 2022-23 GDP Forecast for India
The World Bank has increased India’s GDP forecast for the current fiscal year from its October estimate of 6.5 per cent to 6.9 per cent. World Bank’s Latest Forecast The World Bank has raised its forecast for India’s economic growth ..
Month: Current Affairs - December, 2022
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
World Bank’s GDP projection for India
The World Bank had recently downgraded India’s real GDP growth forecast for the Financial Year 2023 (2022-23). Key facts In its latest South Asia Economic Focus Update, the World Bank had slashed India’s real GDP growth forecast from the earlier ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
Moody’s retains India’s Baa3 rating with stable outlook
Moody’s Investors Service recently announced its decision to maintain India’s sovereign credit rating at a minimum investment grade of ‘Baa3’ and continue with its “stable” outlook on the country. Key Points According to Moody’s, India’s economic growth rate in the ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs
India set to become 3rd largest economy by 2030
Recently, State Bank of India (SBI) released a research report which states that India is likely to become the third largest economy in the world by 2029. Highlights The report said that India has gone through a major structural transformation ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs