Topic: Indian Economy
What is Purchase Managers Index? What are its implications for the economy?
Purchasing Managers� Index (PMI) is an indicator of business activity .It can be both in the�manufacturing and services sectors. It is a�survey-based measure�that asks the respondents about changes...Nothing grows fast in finance without storing trouble for the future and so is also true for India�s exotic funds. Comment.
Exotic funds of India which are meant for the wealthy investors have grown to around 40 billion from a bare nothing in a short span of seven years....
Current Account Deficit
The current account deficit (CAD) plays a crucial role in assessing a country’s external sector. It measures the difference between the value of a nation’s imports and exports...What is a Bilateral Investment Treaty? Critically analyze their effects on Indian economy.
A BIT is a treaty between�two countries. It�sets out to�provide certain basic protections to the investors of one state investing in another. The first BIT was signed by...
Foreign Exchange Reserve
Foreign exchange reserves are the assets that a country’s central bank or monetary authority holds to ensure a balance of payments in the country, maintain stability in the...
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,...
Latest Updates of IMF’s World Economic Outlook
The International Monetary Fund (IMF), in its World Economic Outlook, slashed its FY23 growth forecast for India from its July projection of 7.4 percent to 6.8 percent. What...
CEBR Forecast on Indian Economy
In its annual ‘World Economic League Table’, the London-based Centre for Economics and Business Research (CEBR) predicted that India will become the third economic superpower by 2037. About...
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...
OECD India FY23 GDP Forecast
The Organisation for Economic Co-operation and Development (OECD) recently slashed India’s GDP forecast for the current financial year (FY2023) from 6.9 per cent to 6.6 per cent in...
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...