India Current Affairs - 2020

India will grow at 7.3% in 2018: World Bank Report

The World Bank in its twice-a-year South Asia Economic Focus report has projected growth rate of 7.3% for India in 2018 and 7.5% for 2019 and 2020. The growth is expected to accelerate from 6.7% in 2017 to 7.3% in 2018 and to subsequently stabilise supported by sustained recovery in private investment and private consumption. Read More…

India’s economy to grow 7.3% in 2018-19 and 7.6% in 2019-20: ADB Outlook

The Asian Development Outlook 2018 released by Asian Development Bank (ADB) has projected India’s economic growth to 7.3% in 2018-19 fiscal and further to 7.6% in 2019-20 fiscal. The ADB’s growth projection is in line with that of rating agency Fitch, but is lower than Reserve Bank of India’s (RBI) forecast of 7.4%. Asian Development Read More…

Index of Economic Freedom 2018: India ranks 130th

India ranked 130th out of 186 economies in recently released Index of Economic Freedom 2018 that measures the degree of economic freedom in the countries of the world. In this edition of index, India with score of 54.5 jumped 13 places from 143rd rank in previous year (2017) with a score of 52.6 points. Index Read More…

India becomes second largest manufacturer of crude steel

According to Steel Users Federation of India (SUFI), India has overtaken Japan to become world’s second largest producer of crude steel in February 2018. China is the largest producer of crude steel in the world, accounting for more than 50% of the production. Earlier in 2015, India had overtaken US to become third largest producer Read More…

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World Happiness Index 2018: India ranks 133

India was ranked 133rd among 156 countries inWorld Happiness Index 2018, recently released by the UN Sustainable Development Solutions Network. The index ranked 156 countries based on factors (parmaters) such as inequality, life expectancy, GDP per capita, social freedom, generosity, public trust (i.e. a lack of corruption in government and business) and social support. Together these Read More…