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Contribution of YouTube Creators to Indian GDP
The growing creator ecosystem of YouTube has contributed Rs 6,800 crore to the GDP of India and has supported 6,83,900 full-time equivalent jobs in the country in 2020. This statement has been issued by an independent report done by Oxford ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2024
Moody’s India Growth Forecast- Update
The GDP growth prediction for India has been raised by Moody’s Investors Service. The prediction for the current financial year has been raised to 9.5 percent from 7 percent. Overview: The GDP forecast has been increased citing an economic recovery ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2024
Nomura Business Resumption Index- Update
For the week which ended on 2oth February, the Nomura India Business Resumption Index (NIBRI) reached a record high of 122.8, up from 119.5 the previous week. Overview: The Index showed weak demand due to rising inflation and the scarring ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2024
NSO First revised FY21 GDP estimates
The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%. Earlier, the GDP had contracted by 7.3%. The contraction is mainly due to COVID pandemic ..
Month: Current Affairs - February, 2022
Category: Reports & Indexes Current Affairs
IMF Annual Report on India
The International Monetary Fund (IMF) published its annual report on October 15, 2021. In its report, it states that, India’s economy is gradually recovering after it was hit hard by two Covid-19 waves. Key Findings IMF however cautioned the authorities ..
Month: Current Affairs - October, 2021
India’s economic growth downgraded to 10% by ADB
The Asian Development Bank has downgraded India’s economic growth forecast for the current financial year to 10 % from 11% that it had previously projected in the month of April. This downgrade was done taking into account the adverse impact ..
Month: Current Affairs - July, 2021