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 ..

Tags: Indian Economy

Month: Current Affairs - June, 2023

Category: 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 ..

Tags: Foreign exchange reserves • Forex • Forex Reserves • India's Foreign exchange reserves • Indian Economy

Month: Current Affairs - March, 2023

Category: Economy & Banking Current Affairs - 2022

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 ..

Tags: business climate • GDP • Indian Economy • public capex • RBI

Month: Current Affairs - January, 2023

Category: Economy & Banking Current Affairs - 2022

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 ..

Tags: Global Economy • Indian Economy • International Monetary Fund (IMF) • Trends in Indian Economy

Month: Current Affairs - December, 2022

Category: Economy & Banking Current Affairs - 2022

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 ..

Tags: 5 Trillion Dollar Economy • Economic Recession • Global Recession • Indian Economy • Recession

Month: Current Affairs - December, 2022

Category: Economy & Banking Current Affairs - 2022

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 ..

Tags: GDP • GDP estimate • GDP forecast • Indian Economy

Month: Current Affairs - December, 2022

Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs