Domestic rating agency Brickwork Ratings revised its growth estimate for the country's GDP to 10-10.5% in the current financial year from an earlier expectation of a 9% growth. Brickwork Ratings is a SEBI registered Credit Rating Agency with headquarter in Bengaluru. It expects the GDP growth ...

The Government of Sri Lanka has sought a $500 million credit line from India to pay for its crude oil purchases amid a severe foreign exchange crisis in the island nation after the pandemic hit the nation’s earnings from tourism and remittances. The USD 500 million credit line is part of ...

The International Monetary Fund (IMF) has estimated the Indian economy to grow by 9.5% in the current fiscal year, i.e 2021-22 (FY22), and the multilateral organization in its latest World Economic Outlook report released on October 12, 2021, has ...

The industry body FICCI has revised upward the growth forecast for the Indian economy in 2021-22 to 9.1%, based on the latest FICCI’s Economic Outlook Survey. FICCI's Economic Outlook Survey also noted that the ongoing festive season would support this momentum. Earlier in ...

Fitch Ratings has cut India’s economic growth forecast to 8.7% for the current fiscal but raised GDP growth projection for FY23 to 10%, saying the second COVID-19 wave delayed rather than derail the economic recovery. In its APAC Sovereign Credit Overview, ...

The World Bank has estimated India’s real Gross Domestic Product (GDP) in the current fiscal year 2021-22 to grow by 8.3% in its latest economic update for South Asia. World Bank on June 8 projected India's economy to grow at 8.3 percent in 2021. Earlier, the World Bank had estimated the ...

In order to build an Aatmanirbhar Bharat and to position India strongly on the Global textiles map, the Government has approved the setting up of 7 PM MITRA parks as announced in the Union Budget for 2021-22. PM MITRA is inspired by the 5F vision of the Prime Minister. The '5F' Formula ...

The gross GST revenue collected in the month of September was ₹1.17 lakh rupees, which included a CGST component of 20,578 crores, SGST is 26,767 crore, and IGST component of 60,911 crore rupees. The revenue for September was 23% higher than the ...

The Central Government has approved to increase the family pension of bank employees to 30 per cent of last salary drawn. Daily Current Affairs Quiz 2021 This move would make family pension go up to as much as 30,000 rupees to 35,000 rupees per family of bank employees. This proposal was ...

TECNO announced the launch of its first exclusive retail outlet in the national capital, in a bid to enhance the buying experience for its customers. Daily Current Affairs Quiz 2021 Located in the heart of East Delhi at the TECNO branded Laxmi Nagar Metro Station which is also close to one ...