Category: Economy Institutions
Credit Ratings
Moody’s Investors Service has reaffirmed India’s rating as a long-term local and foreign-currency issuer at Baa3.
National Institute of Public Finance and Policy (NIPFP)
The National Institute of Public Finance and Policy (NIPFP) has refused to reveal any information on unaccounted income and wealth.
Standing Committee on Statistics (SCoS)
Ministry of Statistics and Programme Implementation (MoSPI) has replaced the Standing Committee on Economic Statistics (SCES) with SCoS.
Asian Infrastructure Investment Bank (AIIB)
AIIB has concluded an internal review, which revealed no evidence of undue influence on the institution’s decision-making process.
Inland Waterways
Foundation stone laid for Inland Waterways Transport (IWT) terminal to be developed at Bogibeel (Dibrugarh).
Debt-to-GDP ratio and SDR
Data released by the Reserve Bank of India shows that India’s external debt at end-March 2023 rose to $624.7 billion from the year-earlier period but the external debt-to-GDP ratio slid to 18.9% at end-March from 20% a year earlier.