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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...

March 4, 2020

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 $...

February 18, 2020

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...

February 17, 2020

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...

February 5, 2020

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,...

December 12, 2019

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...

October 10, 2019

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...

October 10, 2019

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...

October 10, 2019

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...

August 31, 2019

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...

August 31, 2019

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...

August 24, 2019

Moody predicts the status of the Global Economies

One of the world’s leading financial conglomerates, the Moody corporation’s wing, the Moody’s Investor Services has released its predictions for the economies of the world. What does the...

August 23, 2019

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