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Goldman Sachs has revised upwards the growth estimate for India by 30 basis points (bps) to 6.3 per cent for the calendar year (CY) 2023, given the boost in services export and a lower merchandise import. However, it kept its forecast for CY24 unchanged at 6.3 per cent. The global investment banker also revised its earlier forecast for FY23 and FY24 by 30 bps and 10 bps to 6.9 per cent and 6.4 per cent, respectively. In YoY terms, the Q2-Q4 CY23 GDP growth forecast is 6.5 per cent, 5.9 per cent, and 8.1 per cent, respectively.
What is the objective of the pact signed between RITES and Indian Railway Finance Corporation (IRFC)?
Which public sector bank of India becomes first public sector bank to go live on Account Aggregator framework?
According to the latest UPI data from the National Payments Corporation of India (NPCI), the peer-to-merchant (P2M) UPI transactions saw 119 per cent gr...
Which of the following statements about Ladakh's Pangong Lake marathon is/are incorrect?
1. Pangong Lake marathon is titled 'theastrun' and aims ...
What was the main objective of the Global Initiative on Digital Health launched by India and WHO at the G-20 summit in Gandhinagar?
On the occasion of Hanuman Jayanti, The PM Narendra Modi has unveiled a 108 ft statue of Lord Hanuman in which state of India?
Consider the following statements regarding the estimated foodgrain production for 2023-24:
1. The total foodgrain production is estimated at ...
What is the total amount of aid package that the World Bank is set to approve for Sri Lanka, as mentioned in the information?
The Reserve Bank of India (RBI) recently prescribed a four-tier regulatory structure for urban cooperative banks (UCBs). It has stipulated a minimum net...
Who was honored with an honorary Doctor of Science degree by IIT Kharagpur?