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“.
RJ Mitte, the American actor who was popularly known for his performance in the TV…
NPCI has decided to put hold on the implementation of the MDR of 0.4% for…
PM GatiShakti National Master Plan (PMGS-NMP) completed 5 years on October 13th 2026. The plan…
Lakshadweep was made a fully literate union territory on October 11, 2026, under the centrally…
India's all-rounder Shafali Verma has been selected by the International Cricket Council (ICC) as the…
India skipper Shubman Gill has bagged his fifth ICC Player of the Month award to…