Indian Economy

India’s Unemployment rate rose to 7.45% in Feb: CMIE

Joblessness as measured by the CMIE All India unemployment rate remained elevated in February 2023 and rose to 7.45% from 7.14% in the previous month. Buy Prime Test Series for all Banking, SSC, Insurance & other exams About the Rural-Urban...

Indian Economy to Setback from 6.8 pc in 2022 to 6.1 pc in 2023, says IMF

The International Monetary Fund (IMF) has informed it is expecting some setbacks in the Indian economy next fiscal year and projected the growth to 6.1 percent from 6.8 percent during the current fiscal ending March 31. The IMF has released...

Economic Survey 2022-23, Indian economy to grow 6.5% next year

Economic Survey 2022-23 Finance Minister Nirmala Sitharaman presented the economy survey to Parliament. According to the economic survey, India's economy will expand by 6.5 percent in 2023–2024 as opposed to 7 percent in the current fiscal year and 8.7 percent...

India’s GDP Growth Rate: Economic Growth & Its Future Forecasts

India has emerged as the fastest-growing major economy in the world and is expected to be one of the top three economic powers in the world over the next 10-15 years, backed by its robust democracy and strong partnerships. The...

S&P Lowers India GDP Growth Forecast by 30 bps to 7% For 2022-23

S&P Global Ratings cut India’s economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier. S&P has also cut the growth forecast for 2023 to 6 per cent from...

Mission DefSpace launched by PM Modi in Gujarat

Mission DefSpace launched: Mission DefSpace was inaugurated at DefExpo2022 in Gandhinagar, Gujarat by the prime minister Narendra Modi (PM Modi). The project's goal is to create cutting-edge defence forces in the space industry. 75 space industry challenges have been highlighted...

IMF Forecast: Global GDP Growth to drop, India’s inflation to drop by 4% next year

International Monetary Fund, IMF Forecast: The International Monetary Fund made predictions that India's global growth will drop from 6% in 2021 to 3.2 % in 2022 and 2.7 % in 2023. With the exception of the global financial crisis and...

CoinDCX Announces to Host UNFOLD 2022, a Web 3.0 Event

CoinDCX, an Indian homegrown crypto exchange company, has announced to host 'UNFOLD 2022' from 26th August 2022 to 28th August 2022 in Bangalore. The UNFOLD 2022 is a mega event in which the developers, investors, web3 startups, and regulators will...