Category: Economy
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IMF Boosts India’s Economic Growth Outlook for FY24 to 6.3%
In a significant development, the International Monetary Fund (IMF) has revised India’s economic growth forecast for the fiscal year 2023-24 to an impressive 6.3%. This comes as encouraging news for the nation, and it indicates a positive trajectory for India’s economic recovery in the post-pandemic era. The IMF’s revised projection, up from its earlier estimate…
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Amazon’s Ambitious Investment Plans in India Revealed After CEO Andy Jassy’s Meeting with PM Modi
In a recent meeting with Indian Prime Minister Narendra Modi, Amazon’s CEO Andy Jassy unveiled the company’s plans to invest an additional $15 billion in India. The meeting took place against the backdrop of a rapidly growing Indian market and a surge in e-commerce activities. Jassy expressed his optimism about the potential of the Indian…
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UAE Emerges as Fourth Largest Investor in India in FY 23
The United Arab Emirates (UAE) has made a significant mark as the fourth largest investor in India during the fiscal year 2022-23. According to recent reports, the UAE has surpassed several other countries to secure this position, showcasing the strong economic ties between the two nations. UAE’s Increasing Investment in India The UAE’s investment in…
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Understanding Elasticity: The Key to Market Dynamics and Decision-making
In the realm of economics, the concept of elasticity plays a vital role in understanding the behavior of markets and making informed business decisions. Elasticity is a measure of the responsiveness of demand or supply to changes in price or income. It provides valuable insights into how consumers and producers react to various factors and…
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Demonetization 2.0: RBI Announced to Scrap its 2000-rupee Note
The Reserve Bank of India has announced the withdrawal of INR 2,000 notes from circulation in pursuance of the central bank’s Clean Note Policy. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The demonetization of INR…
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Frankfinn Student Portal: Your Ultimate Guide
Frankfinn Institute of Air Hostess Training is a leading institute that offers various courses to prepare students for careers in the fields of aviation, hospitality, travel, and customer service. Frankfinn has been recognized as a pioneer and innovator in air hostess training since 1993 and has trained thousands of students across India and abroad. Frankfinn…
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what is the consumer price index?
The Consumer Price Index (CPI) is a widely used economic indicator that measures the average change over time in the prices that urban consumers pay for a basket of goods and services. It is commonly used to track inflation and assess changes in the cost of living for households. The CPI is calculated by collecting…