Start learning 50% faster. Sign in now
The International Monetary Fund’s (IMF) July World Economic Outlook Update retained India’s projected GDP growth rate for 2017-18 at 7.2%, and at 7.7% for 2018-19. The IMF added that while activity slowed following demonetisation, growth for 2016-17 was higher than anticipated on the back of government spending and stronger momentum in the first part of that year, as revealed by data revisions. “Growth in India is forecast to pick up further in 2017 and 2018, in line with the April 2017 forecast,” the IMF said. “While activity slowed following the currency exchange initiative [demonetisation], growth for 2016 — at 7.1% — was higher than anticipated due to strong government spending and data revisions that show stronger momentum in the first part of the year.” The IMF had in April update had projected GDP growth in India at 7.2% and 7.7% in the financial years 2017-18 and 2018-19, respectively. The July update retained those projections.
Which company has launched a digital platform offering various financial services to its customers through a single application named 'FinCorp ONE', the...
Who has issued the guidelines on the import of gold by Tariff Rate Quota (TRQ) holders under the India-UAE Comprehensive Economic Partnership Agreement ...
How much did the NRI deposits grow between April and August 2024?
Eklavya Model Residential School (EMRS) is being implemented as a central sector scheme to provide quality education to the students of which category?
As of 31 March 2024, which of the following banks reported the highest nonperforming loan (NPL) ratio?
Which scheme has been allocated ₹70,125 crore for constructing rural roads?
Which small finance bank has collaborated with Water.org that will be offer loans to existing as well as new customers of the bank starting from Rs 6,00...
What is the strike range of indigenously developed nuclear capable Prithvi-II missile?
Where has India’s first organic fish cluster been launched?