Page-3 of Inflation
Asian Development Outlook (ADO) 2022
India’s GDP growth has been forecasted by the Asian Development Bank (ADB) to 7.5 per cent in 2022-23 from 2021-22’s estimated 8.9 per cent. The report has also suggested that the growth will pick up and reach 8 per cent ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs - 2024
US Fed Rate Hike – Impact on India
In the first hike since 2018, the US Federal Reserve increased the interest rates by 25 basis points. Reasons for US Fed Rate Hike In February, inflation in the United States reached 7.9%, which is the highest in 40 years. ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2024
Retail Inflation in February 2022
According to the data released by the Ministry of Statistics & Programme Implementation (MoSPI), India’s retail inflation surged to 6.07% in February. About the surge in inflation Retail inflation is measured by the Consumer Price Index (CPI). February’s retail inflation ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2024
Economic Survey 2021-22- Highlights
The Economic Survey 2021-22 was tabled in Parliament on January 31, 2022 by Finance minister Nirmala Sitharaman. Who prepared the Economic Survey? Economic Survey 2021-22 was prepared by a team led by principal economic adviser Sanjeev Sanyal. The survey is ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2024
India’s Retail Inflation in December 2021
The retail inflation in India increased to 5.59% in December 2021. This is the highest in the last five months. The inflation data was released by the Ministry of Statistics and Programme Implementation. About the increase in retail inflation The ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024
Wholesale Price Index, WPI of April 2021
The Department for Promotion of Industry and Internal Trade recently released Wholesale Price in India for the month of April 2021. The WPI for the month of April 2021 stood at 128.1. The base year in calculating WPI is fixed ..
Month: Current Affairs - May, 2021