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
  • Rheumatoid Arthritis Awareness Day 2026 was observed on 2 February to promote early diagnosis and emotional support for patients.

    Read More....
  • World Wetlands Day 2026 focused on the role of indigenous wisdom and traditional practices in preserving fragile ecosystems.

    Read More....
  • Carlos Alcaraz defeated Novak Djokovic to win the 2026 Australian Open, becoming the youngest man to achieve a career Grand Slam.

    Read More....
  • India’s Union Budget 2026 increased defense spending by 15.3% to ₹7.84 lakh crore, prioritizing modernization and infrastructure.

    Read More....
  • State Bank of India launched "CHAKRA" to provide specialized financing for emerging sunrise sectors like green hydrogen and semiconductors.

    Read More....
  • The 6th National Crop Nutrition Summit will be held in Mumbai on 5–6 February 2026 to discuss sustainable agricultural innovations.

    Read More....
  • Swiss cities led the 2026 Global Cost of Living Rankings, while Indian cities were ranked among the most affordable worldwide.

    Read More....
  • Researchers discovered a new orchid species, Diplocentrum papillosum, in the Western Ghats of Kerala's Idukki district.

    Read More....
  • The Indian Army and ITBP conducted "Agni Pariksha," a joint firepower training exercise in Arunachal Pradesh to boost coordination.

    Read More....
  • The Dalai Lama won his first Grammy Award for Best Audiobook and Storytelling Recording for his work Meditations.

    Read More....