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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.

Page 4
India Imposes 12% Temporary Tariff on Select Steel Context: In a significant trade policy move, India has imposed a 12% safeguard duty on select steel imports, effective April 21, 2025, for a temporary period of 22 Apr 2025 Unleashing India’s Creative Economy Context: India has a rich history of contributions across science, arts, metallurgy, astronomy, and medicine. As the country aspires to become a $5 trillion eco 22 Apr 2025 Fitch Cuts India FY25 GDP Growth Forecast Context: Fitch Ratings has lowered India’s economic growth forecasts for both FY25 and FY26 by 10 basis points each, citing the ripple effects of a worsening gl 18 Apr 2025

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Union Government Sets MSME Credit Target for FY26 at ₹17.31 Trillion Context: In a continued push to support the Micro, Small, and Medium Enterprises (MSME) sector, the Union Finance Ministry has set a target of ₹17.31 trillion f 18 Apr 2025 India’s GDP Growth Forecast for 2025: Moody’s vs. UNCTAD Moody’s Ratings Outlook Revised GDP forecast: 5.5% to 6.5% (down from 6.6% projected in February 2024). Primary concern: Unpredictable U.S. tariffs and global t 17 Apr 2025 CPI Inflation Source: National Statistics Office (NSO) India’s retail inflation, based on the Consumer Price Index (CPI), eased to 3.34% in March 2024 — the lowest since Augu 17 Apr 2025 Consumer Price Index (CPI) The Consumer Price Index (CPI) is a key economic indicator that measures changes in the average prices of a fixed basket of goods and services over time. It ref 17 Apr 2025 U.S. Reciprocal Tariff Policy – Implications for India Overview of U.S. Reciprocal Tariffs: U.S. introduces new country-wise and commodity-wise tariffs under Trump’s proposal. Reciprocal tariffs capped at 10% for 90 17 Apr 2025
Morgan Stanley Lowers India’s Growth Forecast for 2025-26 Context: Morgan Stanley has downgraded India’s growth forecast for 2025-26 by 40 basis points to 6.1%, attributing the revision to changes in trade and tariff p 16 Apr 2025 Retail Inflation Drops to 3.34% in March 2025 Analytical Overview of Inflation Trends Retail inflation cooled to 3.34%, the lowest in 5.5 years, reflecting strong disinflationary momentum. The decline align 16 Apr 2025
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