India’s retail inflation drops to 6.44% in February 2023 : According to the data released by the National Statistical Office (NSO), India’s retail inflation has lowered to 6.44% in February 2023 from 6.52% in January 2023. March 2023 Current Affairs Quiz The inflation rate for the food basket was 5.95 per cent in February, lower than 6 […]
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Australia, India agree on strengthening economic, defence ties: Australia and India have agreed to accelerate a broader economic partnership and to boost their defence ties, Australian Prime Minister Anthony Albanese said in New Delhi. March 2023 Current Affairs Quiz Progress in Economic ties between India & Australia: Significance of the Economic ties between India &
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India’s per capita income doubles since 2014-15: NSO– Since 2014-15, when the Narendra Modi-led NDA came to power, India’s nominal per capita income has more than doubled to Rs 1,72,000, but uneven income distribution remains a challenge. As per the National Statistical Office (NSO), the annual per capita (net national income) at current prices is
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India’s Unemployment rate rose to 7.45% in Feb: CMIE- The CMIE measures joblessness. The overall unemployment rate in India remained high in February 2023, rising to 7.45% from 7.14% the previous month. About the Rural-Urban Unemployment: The urban unemployment rate fell for the second month in a row, falling to 7.93% in February from 8.55%
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1,49,577 Crore gross GST revenue collected in February 2023: The gross goods and services tax (GST) revenue collection in February 2023 was Rs 1,49,577 crore, an increase of about 12% year on year. With this, the monthly GST revenues remained over Rs 1.4 lakh crore for 12 straight months in a row, the Finance Ministry
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India’s GDP growth slows to 4.4% in October-December quarter: India’s GDP growth rate fell for the second straight quarter in the October-December period, coming in at 4.4 percent, according to the Ministry of Statistics and Programme Implementation. February 2023 Current Affairs Quiz The 3rd Quarter(Q3) GDP Growth: At 4.4 percent, the latest quarterly growth number
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NTPC ranked as the top Independent Power Producers: National Thermal Power Corporation (NTPC) Limited, the country’s largest power generating company has been ranked as the number one independent power producer and energy trader globally in the S&P Global Commodity Insights Top 250 Global Energy Company Rankings-2022. These rankings are based on four key metrics: Asset worth,
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Ind-Ra projects India’s FY24 growth at 5.9% : Credit rating and research agency, India Ratings and Research (Ind-Ra) projected the growth of the Indian economy to 5.9% year on year during 2023-24. The GDP growth estimate of the agency is lower than the 6.4% real GDP growth projected by the RBI for FY24. According to the agency, there are fault lines in
Asia Economic Dialogue 2023 begins in Pune : An annual flagship event of the External Affairs Ministry on Geo-economics, Asia Economic Dialogue is being conducted in Pune, Maharashtra from 23 -25 February 2023. This event is being co-hosted in collaboration with Pune International Centre. February 2023 Current Affairs Quiz The theme for AED 2023 is ‘Asia and the
India’s Unemployment Rate declined to four-month low at 7.14% in January: According to data from the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate decreased to 7.14% in January from 8.30% the previous month. This was the lowest level in four months. The urban unemployment rate declined to 8.55% in January from 10.09% in
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