The International Monetary Fund (IMF) has projected that Indian economy will experience a sharp contraction of 4.55% in Fiscal Year 2021, as compared to that of 1.9% expansion projected in the month of April 2020. The international organization has called this a “historic low” for India. The contraction in the Indian economy will be due to the the COVID-19 pandemic.
IMF has forecasted that Indian economy will recover in the fiscal year 2022 with a growth rate of 6%. These projections has been stated by IMF in its latest World Economic Outlook titled “A Crisis like No Other, An Uncertain Outlook“.
Bharti Airtel Executive Vice-Chairman, Gopal Vittal, has been re-elected as Chairperson of the Global System…
The 5th Edition of the India-US Bilateral Tri-Service Humanitarian Assistance and Disaster Relief (HADR) Exercise…
India topped the medal tally with 14 medals at the Tammer Tournament 2026 in Tampere,…
India is getting one step closer to having a high-speed rail service after the Bharat-made…
The film titled ‘Mothers of Courage’ has been awarded the United Nations SDG Action Award…
The International Day for Biosphere Reserves is celebrated every year on 3rd November. This was…