Domestic rating agency CRISIL has estimated FY23 real GDP growth at 7.8 per cent as compared with the 8.5 per cent projected in the Economic Survey. Estimating the growth to slow to 7.8 per cent in FY23 from the 9.2 per cent in FY22. Finance Minister Nirmala Sitharaman’s Budget proposals focused on loosening the purse strings by boosting capital expenditure and going slow on fiscal consolidation are aimed in the right direction.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The agency said global growth is expected to slow this year as major economies see a withdrawal of monetary and fiscal stimulus. It will have a direct bearing on India’s growth prospects as exports have been a key demand driver of domestic growth during the pandemic.
Friendship Day is a day dedicated to honoring one of the most important relationships in…
The Pithora painting of Gujarat, an ancient wall painting practice of the Rathwa tribe of…
Air Marshal A K Bharti, being one of Indian Air Force's top officers and the…
On 01st of August 2026, Prime Minister Narendra Modi inaugurated the Alluri Sitarama Raju International…
According to the monthly GST revenue report released by the government, the total GST collections…
The Indian athlete Tejaswin Shankar has created the history as he became the first Indian…