India Ratings and Research (Ind-Ra) has revised downwards the GDP growth forecast for India in FY23 to 7-7.2 per cent. Earlier in January, the rating agency Ind-Ra had forecast this rate at 7.6 per cent.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
According to Ind-Ra, in scenario one, the crude oil price is assumed to be elevated for three months, and in scenario two, the assumption is for six months, both with a half cost pass-through into the domestic economy. Since the duration of the Russia-Ukraine conflict continues to be uncertain, Ind-Ra has created two scenarios with respect to the FY23 economic outlook basis certain assumptions.
The Nobel Prize in Chemistry 2026 has been awarded jointly to Henri B. Kagan and…
Indian mathematician Mahesh Kakde, a professor at the Indian Institute of Science (IISc), Bengaluru, has…
India and Ghana have exchanged two Memoranda of Understanding (MoUs) to deepen cooperation in scientific…
The Ministry of Health and Family Welfare will launch JOSH (Joint Squad for Health) Teams…
Prime Minister Narendra Modi completed 25 years as the head of government on 7 October…
India has expanded its list of Classical Languages by granting the status to Marathi, Pali,…