Page-7 of Topic: GDP
Global Economic Prospects 2019
The Global Economic Prospects 2019 released by the World Bank makes the following observations: Global real GDP growth forecast has been reduced to 2.6% for 2019. The estimate...
Manufacturing Sector PMI Rises
The Nikkei India Manufacturing Purchasing Managers Index (PMI), improved to 52.7 in May from 51.8 in April. It was the strongest improvement in the health of the sector...
India s GDP Growth Rate Reduces
India s GDP growth rate witnessed a slowdown. This has raised the prospect of fiscal stimulus and a rate cut. GDP Growth Rate India grew at a much...
Data on Unemployment
The data from the labour force survey from the National Statistical Organisation (NSO) makes the following observations about the unemployment trends in the country: The unemployment rate was...
IMD World Competitiveness Rankings 2019
The IMD World Competitiveness Rankings are released by the IMD Business School evaluate countries on their ability to foster an environment where enterprises can achieve sustainable growth, generate...
US takes India off Currency Watch List
The US government has removed India from its currency monitoring watchlist. The countries in the list will be closely monitored by the US for the potential questionable foreign...
Departments to Conduct Review of Govt Guarantees
The Ministry of Finance has asked all the departments to undertake a review of government guarantees given by respective ministries to their Central Public Sector Enterprises (CPSEs) or...
RBI Cuts Key Interest Rate
The Reserve Bank of India (RBI) has slashed the key interest rate, repo rate by 25 basis points or 0.25 per cent to 6 per cent and has...
Proposed Nyay Scheme: Key Facts
In its election manifesto for the Lok Sabha Elections 2019, the Congress party has announced a Minimum Income scheme Nyuntam Aay Yojna (Nyay) as a surgical strike against...
Brexit has cost Britain nearly 2.5% of GDP: Goldman Sachs
A study by the global investment banking, securities and investment management firm, Goldman Sachs has stated that Brexit has cost Britain nearly 2.5% of GDP. Findings of the...
India’s GDP Forecasts by Fitch Ratings
In it’s Global Economic Outlook report, Fitch Ratings has cut India’s economic growth forecast for the next financial year 2019-20 starting from April 1 to 6.8 per cent...