Daily Current Affairs 2026, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2026 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.


International Monetary Fund revises India's economic growth forecast

Category : Business and economics
Published on: July 29 2022 Share on facebook

  • The global financial institution International Monetary Fund (IMF) has cut India's economic outlook by 80 basis points to 7.4% for the financial year 2022-23.
  • In its previous estimate in April 2022, the IMF had projected the Indian economy to grow at 8.2% in FY23.
  • The IMF's current observations on India's GDP growth are still higher than the apex bank RBI's (Reserve Bank of India) estimates of a 7.2% growth rate in FY23.
  • The IMF has cut the economic forecast for China by 1.1 percentage point to 3.3% in 2022–23, which will be the lowest growth in more than four decades, excluding the initial COVID-19 crisis in 2020, primarily due to COVID-19 outbreaks and lockdowns.
  • As per the IMF, Saudi Arabia will be the fastest growing economy in FY23 at 7.6%, followed by India at 7.4% and Spain at 4.0%.
Recent Post's
  • Bose Institute study finds desert dust from western India carries disease-causing pathogens to the Himalayas, impacting air quality and health.

    Read More....
  • NITI Aayog launches a three-month campaign to improve key development indicators in 513 Aspirational Blocks.

    Read More....
  • Indian Railways has introduced its first AI-powered humanoid robot, ASC ARJUN, at Visakhapatnam station for crowd monitoring, surveillance, and passenger assistance.

    Read More....
  • NASA’s James Webb captures galaxy cluster MACS J1149, showcasing gravitational lensing and distant galaxies.

    Read More....
  • Maharashtra Deputy CM Ajit Pawar passes away in Baramati plane crash, triggering three days of state mourning.

    Read More....
  • The United States formally withdraws from the World Health Organization citing alleged pandemic management failures.

    Read More....
  • The French National Assembly approves a law prohibiting children under 15 from accessing social media platforms.

    Read More....
  • Madhya Pradesh announces 2026 as the ‘Year of Agriculture’ to strengthen farming, dairy, and rural infrastructure.

    Read More....
  • Odisha CM Mohan Charan Majhi launches a portal for real-time monitoring of SFC and CFC-funded development projects.

    Read More....
  • University of Oxford reclaims first place in QS Europe University Rankings, followed by ETH Zurich and UK universities.

    Read More....