Moody’s retains India’s rating at Baa3.: Rating agency Moody’s has affirmed the Baa3 rating on India and has maintained a ‘stable’ outlook on the Indian economy. On August 18, Moody’s said in a statement, India’s long-term local and foreign-currency issued ratings and local-currency senior unsecured ratings remain at Baa3, while other short-term local-currency ratings are […]
The Centre for Economics and Business Research (CEBR) from UK has predicted that the Indian economy will become the world’s third-largest by the year 2031. In the year 2022, India is set to regain its 6th position in World Economic League Table (WELT) from France, as per CEBR. A large drop in daily active cases
CEBR: India to become 3rd largest economy in 2031 Read More »
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 projected India’s economy to grow 8.5% in FY23. Meanwhile, IMF expects the global gross domestic product (GDP) to grow by 5.9 percent in 2021 and 4.9% in 2022.
IMF Projects Indian Economy to grow at 9.5% in FY22; Global economy at 5.9% in 2021 Read More »
The United Nations Conference on Trade and Development (UNCTAD) has pegged India’s economic growth rate to hit a four-year high of 7.2 percent for 2021 against a contraction of 7 percent in 2020. The UNCTAD has pegged India’s economic growth rate as follows, in its Trade and Development report released on September 15, 2021: Calendar Year (CY)
UNCTAD projects Indian economy to expand 7.2% in 2021 Read More »
“This iconic infrastructure is a necessary step to up-scale the services and systems to ensure efficient, smooth and uninterrupted air traffic management” said Shri Hardeep Singh Puri, Minister of State (I/c) Ministry of Civil Aviation& Housing & Urban Affairs after inaugurating Delhi Air Traffic Service Complex (DATS- Complex) – country’s tallest Air Traffic Control tower
Civil Aviation Sector will Be the Driver of Indian Economy Read More »
