Policies are Meant for Growth not for Impairment
Global Growth, Inflation Recedes Says IMF’s WEO Report On 22nd October 2024, the IMF released the World Economic Outlook (WEO) Report. In its report, it stated, “Global growth is expected to remain stable yet underwhelming.” IMF observed that there are notable revisions taken place since April 2024, with a forecast of upward revision for the United …
MPC Keeps Repo Rate unchanged but Changes Stance On 9th October 2024, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) announced its Monetary Policy Statement. The MPC has decided to keep its interest rate unchanged for the Tenth time (10th) in a row. Let us see the MPC statement now. Monetary …
India becomes Third Powerful Nation in Asia – Asia Power Index 2024 India becomes Third Most Powerful Nation in Asia – Asia Power Index 2024. As a major change in Asia’s Power Index, India has outshined Japan to become the third most powerful country, reflecting its progress in the region. This accomplishment is driven by India’s …
Indian Economy Remains Strong – GDP Data and World Bank IDU Report The Indian economy remains strong according to the World Bank. Recently, the estimates of the Gross Domestic Product (GDP) for the first quarter were released by the National Statistics Office (NSO). In this article, we are going to see what the NSO’s First Quarter GDP …
The IMF World Economic Outlook, July 2024 – An Analysis On 16th July 2024, the International Monetary Fund (IMF) released the World Economic Outlook (WEO). The report states that Global Growth is estimated to be at 3.2% in 2024. There have been notable changes beneath the surface from April’s WEO report. In this article, we …
MPC Keeps Policy Repo rate unchanged On 8th August 2024, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) announced its Monetary Policy Statement. This is the 50th meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) since its inception in September 2016. – the first meeting …
Economic Survey, 2023-24 – An Overview On 23rd July, 2024, ahead of the Union Budget 2024-25, the economic survey was tabled in Parliament. The Finance minister stated, “India is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges”. In this article, we are going to see what the economic …
What is GDP, how is it measured and why does it matter? Many of us hear the term GDP more often in news and other analysis. GDP is an important tool to measure how an economy is doing. However, how many of us understand what GDP is, How is it measured, and why it is …
RBI Keeps Repo rate unchanged On 7th April, 2024 the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), has announced its Monetary Policy Statement. MPC has kept its interest rate unchanged. Let us see the MPC statement in detail now Monetary Policy Statement, June, 2024 MPC has kept the policy interest rate …
Provisional Annual and Quarterly Estimates of GDP for Q4 Of 2023-24 – An Overview On 31st May 2024, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released its Press Note on the Provisional Estimates (PE) of Annual Gross Domestic Product (GDP) for the Financial Year (FY) 2023-24 and Quarterly Estimates of …
