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Economy

Written for the exam, not for the news cycle. Every item carries what it means for NABARD Grade A, RBI Grade B and SEBI Grade A.

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S&P Lowers India’s FY26 GDP Growth Forecast to 6.3% Key Highlights: Revised Growth Estimates: FY26 GDP forecast lowered to 6.3% from 6.5% by S&P Global Ratings. FY27 GDP forecast also cut by 30 basis points t 3 May 2025 India’s Industrial Growth Slows to 4% in FY25 Context: India’s Index of Industrial Production (IIP) averaged 4% in FY25, the lowest in the past four years, signaling a broad-based industrial slowdown amid w 30 Apr 2025 IIP Growth Shows Modest Recovery in March Context: Index of Industrial Production (IIP) grew by 3% in March 2024, showing a slight recovery from February’s six-month low of 2.72%. However, FY25 IIP grow 29 Apr 2025

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CBDT has notified a 1% Tax Collected at Source (TCS) Context: The Central Board of Direct Taxes (CBDT) has notified a 1% Tax Collected at Source (TCS) on the sale of specified luxury goods priced above ₹10 lakh, e 25 Apr 2025 Impact of Emerging Tariff Scenario on India Context: The imposition of additional tariffs by the United States (US) on Indian exports, even at modest rates, could lead to a decline in India's export growt 25 Apr 2025 External Commercial Borrowing (ECB) Inflows in India Overview of Inflows Significant Increase in Inflows: Net inflows through ECB more than doubled to $20.3 billion from April 2023 to February 2024, compared to $8 25 Apr 2025 Private Investment Concerns and Growth Outlook for India Private Investment Issues Muted Private Investment: Krishna Srinivasan, Director of the IMF’s Asia and Pacific department, expressed concerns over the lack of p 25 Apr 2025 World Bank Cuts India’s FY25 Growth Forecast to 6.3% Context: The World Bank has revised India’s GDP growth forecast downward for FY2025, citing a mix of global economic weakness and domestic policy uncertainty. T 24 Apr 2025
Gold Prices Surge Amid Global Uncertainties Context: On Tuesday, gold prices surged above the psychological mark of ₹1 lakh per 10 grams for the first time, as the U.S. dollar weakened, influenced by Trea 23 Apr 2025 IMF Revises India’s FY26 Growth Forecast Down to 6.2% IMF’s Growth Forecast for India The International Monetary Fund (IMF) has lowered India’s FY26 GDP growth forecast by 30 basis points, bringing it down to 6.2% 23 Apr 2025
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