MoSPI replaces WPI with PPI for GDP deflation to improve India’s economic data accuracy. Learn about Producer Price Index, GDP deflator, WPI differences, and exam-important economic reforms for UPSC, Banking, SSC, Railways and other government exams. Government Plans Major Reform in Inflation Measurement The Ministry of Statistics and Programme Implementation (MoSPI) has announced plans to…
India Wholesale Inflation June 2026 increased to 9.87% as food and fuel prices pushed the Wholesale Price Index higher. Learn WPI, CPI, causes, economic impact, key takeaways, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Understanding the Rise in Wholesale Inflation India’s wholesale inflation, measured by the Wholesale Price Index…
IMF India FY27 Growth Forecast has been reduced to 6.4% due to higher energy prices and global uncertainties. Learn the reasons, impact on India’s economy, IMF facts, historical background, and key points for UPSC, SSC, Banking, Railways, Defence, and other government exams. IMF Revises India’s Economic Growth Projection The International Monetary Fund (IMF) has revised…
India GDP Growth Forecast FY27 highlights S&P Global Ratings’ projection of 6.6% GDP growth, explaining how energy stress, weak monsoon concerns, inflation, and global economic conditions could influence India’s economy and competitive exam preparation. India’s Economic Outlook Remains Strong Despite Emerging Challenges India continues to be one of the fastest-growing major economies in the world,…
Fitch India GDP forecast 2027 revised to 6.4% due to the Middle East crisis and rising crude oil prices. Learn the impact on India’s economy, inflation, GDP growth, and key facts important for UPSC, SSC, Banking, Railways, and State PSC exams. Introduction: A Cautious Outlook for India’s Economy Global rating agency Fitch Ratings has revised…
RBI Annual Report 2025-26 key highlights explained for UPSC, PSC, Banking, SSC and Railways exams. Learn about Digital Rupee, banking sector stability, foreign exchange reserves, inflation outlook and important economic developments. RBI Annual Report 2025-26: Key Highlights, Economic Outlook, Banking Sector Stability and Digital Rupee Expansion Introduction The Reserve Bank of India (RBI) released its…
RBI FY27 GDP growth forecast highlights India’s projected 6.9% economic growth despite global uncertainties. Learn key facts, inflation outlook, MPC role, exam-focused takeaways, FAQs, and MCQs for UPSC, Banking, SSC, Railways, and State PSC exams. RBI Projects 6.9% GDP Growth for India in FY27 Despite Global Uncertainties RBI Releases Growth Outlook for FY27 The Reserve…
US Fed interest rates unchanged 2026 highlights inflation concerns and policy uncertainty. Learn its impact on global economy, India, and key exam insights. Introduction: US Federal Reserve Maintains Status Quo The Federal Reserve, commonly known as the US Fed, has decided to keep its benchmark interest rates unchanged in its latest monetary policy meeting. The…
RBI MPC April 2026 keeps repo rate unchanged at 5.25%, adopts a neutral stance. Learn about GDP growth forecast, inflation outlook, and key impacts on banking and competitive exams. RBI MPC Meeting 2026: Repo Rate Unchanged at 5.25% — India’s Monetary Decision Explained RBI MPC Meeting Overview The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC)…
Introduction The Union Cabinet has approved a 2% increase in the Dearness Allowance (DA) for central government employees and pensioners, effective from January 2025. This decision aims to provide relief to employees by offsetting the impact of inflation. The hike aligns with the recommendations of the 7th Pay Commission and benefits millions of government employees…
