1. IMF raises India’s GDP growth projection for FY25 by 20 bps to 6.5% In the news: The International Monetary Fund (IMF) raised the growth projection of India for 2024-25 (FY25) by 20 basis points (bps) to 6.5% in its World Economic Outlook (WEO). Reason: Buoyant domestic spending and improved global growth prospects. However, the […]
1. Indian Economy records 7% growth for third year In the news: According to the January edition of the Indian Economy Review by the Department of Economic Affairs, the FY 2024 marks the third successive year of over seven percent growth of the Indian economy. India’s unwavering commitment to ensuring steady economic growth is generating […]
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