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Under the Seventh Five-Year Plan, India strove to bring about a self-sustained economy in the country with valuable contributions from voluntary agencies and the general populace. The target growth rate was 5.0% and the actual growth rate was 6.01%. [12] and the growth rate of per capita income was 3.7%.
In early 2020, the Asian Development Bank raised $118 million from offshore rupee-linked 10-year bonds. The bonds were listed on India INX. [22] India INX offers access to the full range of stocks and exchange-traded funds available in US markets. The daily average volume in foreign stocks in India INX during the month of January 2022 was $5,242.
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992. [1] [5]
Global analysts cut their forecasts of India's real GDP growth rate for the financial year 2016–17 by 0.5 to 3% due to demonetisation. [147] [148] India's GDP in 2016 is estimated to be US$2.25 trillion, hence, each 1 per cent reduction in growth rate represents a shortfall of US$22.5 billion (₹1.54 trillion) for the Indian economy. [149]
INR ₹1 = e₹1.00. CNY ¥1 = e₹11.78. (16 November 2023) The Digital Rupee (e₹)[ 6] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [ 7] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [ 8]
The economy of Delhi is the 12th largest among states and union territories of India. The Nominal GSDP of the NCR was estimated at 272.603 Billion [ 1] and the Nominal GSDP of the NCT of Delhi for 2023-24 was estimated at ₹11.07 lakh crore (US$130 billion) [ 10][ 11] recording an annual growth of 9.2%. Growth rate in 2014-15 was 9.2%.
Some of the key points of the Economic Survey 2019–20 are: [5] The survey projects India's growth at 6–6.5% in the next fiscal year starting from 1 April 2020. [18] The survey provides facts to show that India's GDP figures are genuine. [13] The industrial growth for the current year has been listed as 2.5% while the agricultural growth is ...
The rate on the popular inflation-protected I bonds — one of the safest investments you can buy — slipped to 6.89% through April 2023 from 9.62, according to the Treasury Department.