Moody’s cuts India GDP growth forecast FY27 to 6%. Learn key reasons, economic impact, and important points for UPSC, SSC, Banking and other government exams. Moody’s Cuts India GDP Growth Forecast to 6% for FY27: Key Insights for Competitive Exams Introduction: India’s Growth Outlook Revised Global credit rating agency Moody’s Ratings has reduced India’s GDP…
Delhi Government Increases Minimum Wages for Workers The Delhi government has recently announced an increase in the minimum wages for workers, aimed at improving the livelihoods of daily wage earners and other employees in the capital city. This decision is expected to positively impact various categories of workers including unskilled, semi-skilled, skilled, and other workers…
Retail Inflation Eases to 5-Year Low of 3.5% in July Overview of the News In July 2024, India’s retail inflation rate dropped to a five-year low of 3.5%, according to recent data released by the Ministry of Statistics and Programme Implementation. This marked a significant decline from previous months, reflecting a favorable shift in the…
