The International Monetary Fund recently announced that the debt to GDP ratio of India increased from 74% to 90% due to COVID-19 crisis. This is to increase to...
The Rating agency Moody’s have recently forecasted that the nominal Gross Domestic Product (GDP) of India will rise closer to 17% in the Financial Year 2021. Key Highlights...
The 2021-22 Union Budget was presented amid the COVID-19 pandemic on February 1, 2021. Since the 2020 budget, the Indian economy have reduced from 2.24 lakh crore nominal...
The Oxfam has recently published its report titled “The Inequality Virus”. In its report, the Oxfam finds that the COVID-19 pandemic has deepen the existing inequalities in India...
The World Bank recently released the Global Economic Prospects report. What are the key findings of the Global Economic Prospects report? According to the report the Indian economy...
The Asian Development Bank recently released the Asian Development Outlook. Under its outlook, the Asian Development Bank projected that Indian economy is to contract by – 8% in...
The RBI recently held its Monetary Policy Committee meet. During the meet, the Reserve Bank of India has kept the repo rate unchanged at 4%. Repo rate is...
Credit rating agency, Moody’s Investors Service has revised the Gross Domestic Product (GDP) forecast of India to -8.9 percent upwards for calendar year 2020 from the -9.6 percent...
On September 27, 2020, the Union Health Minister Dr Harsh Vardhan announced that Government of India is to increase the health care expenditure in the country by 2.5%...
A study published by IHS Markit has projected that the medium-term growth outlook for India is to remain favourable, even though the gross domestic product will tumble in...
On July 13, 2020, the 15th Finance Commission held a meeting with the Union Health Minister Dr Harsh Vardhan. It was decided at the meet that India will...
On June 22, 2020, the Uttar Pradesh Government announced that it will bring in an ordinance, “UP Fiscal Responsibility and Budget Management”, FRBM Ordinance, 2020. This is the...
