Page-3 of Indian Economy

India set to become 3rd largest economy by 2030

Recently, State Bank of India (SBI) released a research report which states that India is likely to become the third largest economy in the world by 2029. Highlights The report said that India has gone through a major structural transformation ..

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India becomes world’s fifth-largest economy

Recently, India has overtaken the UK to become the fifth largest economy in the world. India is now behind the US, China, Japan and Germany in terms of economy. A decade ago, India was ranked 11th among the world’s largest ..

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World Competitiveness Index 2022

Institute for Management Development recently compiled and released the annual World Competitive Index on June 15, 2022. India witnessed sharpest rise among Asian countries. Rank of countries India’s witnessed a six-position rise from 43rd to 37th rank, due to gains ..

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RBI State of the Economy Report

The Reserve Bank of India (RBI) in its ‘State of the economy’ report cautioned that the surging commodity prices are causing inflation risks, especially through the surging of imports. The ever-growing widening of current and trade account deficits along with ..

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WPI based inflation in March

The wholesale price index (WPI) based inflation in India in the month of March rose to 14.55 per cent due to an increase in power prices and rising edible oil prices. Overview: In March 2021, the WPI-based inflation had stood ..

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India’s Borrowing Estimate in the First Half of 2021-23

To fund the revenue gap for the economy’s revival Rs 8.45 lakh crore has been targeted by the government of India that will be raised through borrowings in the first half of 2022-23. Overview: The gross market borrowing that is ..

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