Page-4 of Topic: Indian Economy
OECD lowers India’s GDP growth forecast to 5.1%
International agency OECD recently lowered India’s GDP growth forecast to 5.1 per cent from the earlier projection of 6.2 per cent for 2020-21. For the financial year ending...
India emerged as 5th largest economy in 2019
World Population Review, a US-based think tank, recently stated in its report that India emerged as the world’s fifth largest economy in 2019, with a GDP of $... Moody’s lowers India’s GDP forecast to 5.4% for 2020
American Credit rating agency, Moody’s Investors Service has lowered India’s growth forecast to 5.4 per cent for the year 2020. Earlier, the country’s growth was estimated as 6.6... Fitch Ratings estimates India’s FY21 GDP growth at 5.6%
Fitch Ratings recently released its forecast for India’s economic growth for the next financial year. It estimated a growth rate of 5.6 per cent, which is lower than...
Gender Diversity Report 2019
The Gender Diversity Report 2019 was released as a part of the India Skills Report 2019. What percentage of Women work globally? 79.9% of women in Nepal work,...
India’s data localisation plans hang in the balance
India’s data localisation plans hang in the balance as it will join the other Regional Comprehensive Economic Partnership (RCEP) countries. What is the issue? The RCEP meeting will...
Slowdown effects more pronounced in India: IMF
The new International Monetary Fund (IMF) chief Kristalina Georgieva warned that the global economy is witnessing ‘synchronised slowdown’ which will result in slower growth for 90% of the...
RBI rejects Lakshmi Vilas Bank-Indiabulls Housing Finance merger plan
The Reserve Bank of India (RBI) rejected the merger proposal between Lakshmi Vilas Bank and mortgage lender Indiabulls Housing Finance Limited. If the RBI would have approved the...Merger of the 10 Public Sector Banks
In a slew of measures announced by the Finance Minister of India, Nirmala Sitharaman on 30th August, 2019, to take the country out of economic doldrums, one particular...RBI’s Surplus Transfer
The Reserve Bank of India has transferred a surplus of Rs. 1.76 lakh crores to the Indian Government. This payment, which is equal to 1.25% of the Indian...
Government announces measures to arrest economic downturn
To improve the grim economic situations in India, the Indian finance ministry has announced several measures to arrest the economic downturn in India and promote a healthy investor...
