The Asian Development Bank (ADB) has downgraded India’s economic growth forecast for the financial year 2021-22 (FY22) to 10 per cent, in its Asian Development Outlook (ADO) Supplement for July. Earlier this was estimated at 11%.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The multilateral funding agency has lowered the GDP growth forecast on account of the adverse impact of the coronavirus pandemic. Further, ADB has projected the GDP growth rate for FY2022 (2022-23) to 7.5 per cent from the earlier projection of 7 per cent.
In the grand tapestry of India's statehood evolution, Uttarakhand stands as a testament to perseverance…
The International Cricket Council (ICC) has taken strong action against West Indies player Devon Thomas…
The Department of Personnel & Training (DoPT) has announced the appointment of Pratima Singh, an…
India's manufacturing sector has continued its robust performance into the first quarter of the new…
The Reserve Bank of India (RBI) has recently imposed monetary penalties on several co-operative banks…
In recent years, there has been a resurgence of interest in millets due to their…