India’s economy has once again demonstrated resilience by recording strong growth despite global uncertainties and geopolitical tensions. According to recent estimates, India’s GDP grew by 7.7% in FY 2025-26, making it one of the fastest-growing major economies in the world. However, while the headline growth numbers appear encouraging, policymakers are becoming increasingly cautious about the…
Why Is This News Important? The Reserve Bank of India (RBI) has announced new measures to encourage foreign capital inflows into the country. The central bank has eased borrowing norms for Public Sector Undertakings (PSUs) and banks, making it easier and more affordable for them to raise funds from overseas markets. The move comes at…
Why RBI’s Assessment Matters The Reserve Bank of India (RBI), in its Annual Report for FY26, has maintained a positive outlook on India’s economic growth. However, the central bank has also cautioned that geopolitical conflicts and wars could create short-term challenges for both economic growth and inflation. In today’s interconnected world, economic performance is influenced…
Important for Prelims: Indian EconomyMains: General Studies Paper III What is in the News ? About the Mission Importance of the Mission Also read about Digital Payment Index 2023, click here Practice Questions for Prelims Which digital payment system in India is primarily used for high value and time critical transactions?a) NEFTb) RTGSc) IMPSd) UPI…
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