Category: Economy
Internationalisation of the rupee & Triffin Dilemma
RBI-appointed working group recommended various measures to accelerate the pace of internationalisation of the rupee.
Inland Waterways
Foundation stone laid for Inland Waterways Transport (IWT) terminal to be developed at Bogibeel (Dibrugarh).
Posted in Economy
Purchasing Managers’ Index (PMI)
Manufacturing growth eased in June as per S&P Global India Manufacturing Purchasing Managers’ Index (PMI) when compared to May 2023.
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.
Posted in Economy
Index of Industrial Production (IIP)
The pace of growth of 8 key infrastructure sectors slackened to 4.3% in May because of a decline in the production of crude oil, natural gas and electricity.