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“.
The Organisation for Economic Co-operation and Development (OECD) has revised India's GDP growth projection upward…
In a significant development, Girish Chandra Murmu, the Comptroller and Auditor General of India (CAG),…
The International Day of Mine Awareness and Assistance in Mine Action, observed annually on April…
From the sprawling plains of the Midwest to the sun-kissed shores of the Pacific, the…
The Indian political landscape has lost a seasoned leader with the passing of V. Srinivas…
The Badminton World Federation (BWF) has announced that India will host the prestigious 2025 BWF…