Economy Current Affairs

FICCI Projects India’s GDP growth rate for FY23 at 7.4%

India's GDP is estimated to grow at 7.4% in the financial year 2022-23 with rising…

India’s unemployment rate falls to 7.6% in March from 8.1% in Feb 2022: CMIE Report

India’s unemployment rate drops to 7.6% in March from 8.1% in Feb 2022: The overall…

India Ratings lowers India’s FY23 GDP growth forecast to 7-7.2%

India Ratings on Wednesday lowered India’s economic growth forecast for 2022-23 to 7.0-7.2%. Earlier in…

ICRA cuts India’s GDP growth forecast in FY23 to 7.2%

Ratings agency ICRA has lowered India’s FY23 GDP growth forecast to 7.2 per cent from…

OECD projects India’s GDP for FY23 at 8.1% and for FY24 at 5.5%

The Organization for Economic Cooperation and Development (OECD) has projected the India’s real gross domestic…

Fitch Ratings lowers India’s FY23 growth forecast to 8.5% 

Fitch Ratings on Tuesday downgraded its growth forecast for India by 180 basis points to 8.5 per cent…

Moody’s lowers India’s GDP forecast for CY22 to 9.1% amid Russia-Ukraine conflict

Rating agency Moody’s has revised downwards the economic growth forecast of India by 40 basis…

EPFO lowers the interest rate on PF deposits to 8.1% for 2021-22

Employees Provident Fund Organisation (EPFO) has slashed the interest rate on provident fund deposits by 0.4%…

NSO projects GDP growth for India in 2021-22 at 8.9% and in 2020-21 at 6.6%

National Statistical Office (NSO) has released the second advance estimates of national accounts. The GDP growth rate projection as…

Brickworks Ratings lowers India’s GDP to 8.3% in FY22

The impact of the third wave of Covid on economic momentum may lower growth in…