April 2022

IMF cuts India’s GDP growth forecast for FY23 to 8.2%

IMF cuts India’s GDP growth forecast for FY23 to 8.2%

India’s economy is estimated to grow by 8.2% in the current fiscal year (2022-23), sharply slower than the International Monetary Fund’s (IMF) earlier forecast of 9% as the impact of Russia’s invasion of Ukraine weighs heavily on prices and disruption of supply chains. IMF has also cut India’s FY24 GDP growth forecast to 6.9 percent. Earlier this was 7.1 percent. In

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India’s first portable solar rooftop system unveiled in Gandhinagar

India’s first portable solar rooftop system unveiled in Gandhinagar

The country’s first portable solar rooftop system was inaugurated at Swaminarayan Akshardham temple complex in Gandhinagar on Monday. The 10 PV Port systems has been manufactured by New Delhi-based Servotech Power Systems Ltd and designed by German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ). The systems have been installed under the Union Ministry of

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