Indian Economy
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 of goods and services. Understanding CAD Current Account Deficit serves as ..
Month: Current Affairs - June, 2023
Category: Economy & Banking Current Affairs
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 financial market, and influence the foreign exchange rates of the currency. These ..
Month: Current Affairs - March, 2023
Category: Economy & Banking 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
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 are the key takeaways of the report? Indian Economy IMF has cut ..
Month: Current Affairs - December, 2022
Category: Economy & Banking Current Affairs
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 the World Economic League Table The “World Economic League Table” is an ..
Month: Current Affairs - December, 2022
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
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 its latest economic outlook report. What are key findings of the report? ..
Month: Current Affairs – November, 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