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Current Affairs 30 December 2025

In short

  • World Bank Projects 6.5% GDP Growth for India in 2026
  • India's Forex Reserves Decline to $688.1 Billion

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GENERAL

World Bank Projects 6.5% GDP Growth for India in 2026

The World Bank has forecasted India's GDP growth at 6.5% for 2026, driven by strong domestic consumption and benefits from GST reforms. This projection highlights India's robust economic recovery amid global uncertainties. The report also notes easing inflation trends supporting sustained growth. Key factors include improved fiscal policies and private sector investments. This comes as India's economy shows resilience post-pandemic.

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Which organization projected India's GDP growth at 6.5% for 2026?

GENERAL

India's Forex Reserves Decline to $688.1 Billion

India's foreign exchange reserves fell by $4.472 billion to $688.104 billion for the week ended 21 November 2025. The drop was primarily due to a sharp decline in gold reserves. This marks a continued fluctuation in forex holdings amid global market volatility. RBI monitors these reserves to ensure currency stability. The reserves remain adequate for import cover.

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By how much did India's forex reserves decline in the week ended 21 November 2025?

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Current Affairs by JobSafal