Estimate of India's growth rate in the current financial year by the World Bank.

Estimate of India's growth rate in the current financial year by the World Bank.

Daily Current Affairs / Estimate of India's growth rate in the current financial year by the World Bank.

Change Language English Hindi

Category : Business and economics Published on: October 04 2023

Share on facebook

In October 2023, the World Bank estimated India's growth rate in the current financial year.
According to the World Bank, India's growth rate in the current financial year is estimated to be 6.3%.
The World Bank has said in its report that India's growth rate is the second highest among G-20 countries and almost double the average of emerging market economies.
This resilience is driven by strong domestic demand, strong public infrastructure investment and a strong financial sector.
The country's bank credit increased by 15.8 percent in the first quarter of the current financial year, whereas it had increased by 13.3 percent in the first quarter of the previous financial year.
The World Bank was established in the year 1944.
Its headquarters is located in Washington DC.

Recent Post's

Bharat Coking Coal Ltd’s ₹1,071-crore IPO was oversubscribed 146.81 times, led by strong demand from QIBs and non-institutional investors.
Read More....
India ranked 80th in the Henley Passport Index 2026, offering visa-free or visa-on-arrival access to 55 destinations, improving five positions from last year.
Read More....
Australia women’s team captain Alyssa Healy announced her retirement from international cricket ahead of the T20 World Cup 2026.
Read More....
Indian mountaineer Aritra Roy successfully summited Mount Aconcagua (6,967.15 m), the highest peak outside Asia, as part of his Seven Summits mission.
Read More....
India’s fish production rose to 198 lakh tonnes in 2024–25 from 95 lakh tonnes in 2013–14, reinforcing its position as the world’s second-largest producer.
Read More....
External Affairs Minister S. Jaishankar launched the official website, theme and logo for India’s BRICS Presidency 2026.
Read More....
Bangladesh Cricket Board declined ICC’s request and reiterated its decision not to travel to India for the T20 World Cup 2026, citing security concerns.
Read More....
SpaceX launched NASA’s Pandora mission to study exoplanet atmospheres using long-duration observations from a Falcon 9 rocket.
Read More....
Blinkit, Zepto, Zomato and Swiggy decided to discontinue 10-minute deliveries following government intervention to improve gig workers’ safety.
Read More....
Meta appointed former Trump adviser and board member Dina Powell McCormick as its president and vice chairman amid its AI push.
Read More....