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

India and France are negotiating a €300 million deal to procure SCALP cruise missiles after their successful combat use in Operation Sindoor.
Read More....
India improved to 91st rank in the Corruption Perceptions Index 2025, though global corruption levels remain high.
Read More....
French President Emmanuel Macron will visit India to strengthen strategic cooperation under the Horizon 2047 roadmap.
Read More....
17-year-old Aditya Pandya became India’s youngest analog astronaut after completing a lunar simulation mission.
Read More....
Scientists discovered a new dragonfly species, Lyriothemis keralensis, endemic to Kerala.
Read More....
India has been named Country of the Year at BIOFACH 2026 in Germany, highlighting its rising global leadership in organic agriculture and exports.
Read More....
A new frog species discovered in Peru’s cloud forests may already face extinction due to habitat loss.
Read More....
Manu Bhaker won silver in the 25m pistol event after a shoot-off at the Asian Championship.
Read More....
International Day of Women and Girls in Science is observed on 11 February to promote equal participation of women in STEM and build inclusive futures.
Read More....
Thanya Nathan is set to become Kerala’s first visually challenged woman judge after topping the civil judge exam list.
Read More....