SBI economists, in its research report “Ecowrap”, has sharply cut the GDP growth estimates for the Indian economy to 7.9 per cent in FY22, compared to an earlier projection of 10.4 per cent. This is the lowest growth rate estimate for India among all analysts.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The key factor for revision in the growth estimate is the impact of the second wave of COVID-19 infections. The SBI economists project a “W-shaped” recovery in FY22, with two troughs, instead of the earlier anticipated “V-shaped” recovery.
Important takeaways for all competitive exams:
India is a major milestone in the area of artificial intelligence with its current rankings…
A commemorative postage stamp was issued by the Vice-President of India, Shri C. P. Radhakrishnan,…
Reserve Bank of India (RBI) released its final directions on the ‘Maintenance of Cash Credit…
A pathbreaking development for India's media scene, senior journalist Sangeeta Barooah Pisharoty was elected as…
The IBPS RRB PO Mains Exam will be held on 28 December 2025, and candidates…
Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…