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24Sep 2024

EPFO Records 20 Lakh New Members in July 2024

Why in the news? EPFO added a record-breaking 19.94 lakh net members in July 2024, reflecting significant job growth and increasing  female participation in India’s formal employment sector. Record EPFO Member Additions in July 2024: Net Additions: EPFO added 19.94 lakh members in July 2024, the highest since April 2018. Growth: This represents a 6.3% …

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30Aug 2024

RATING AGENCY MOODY’S REVISED INDIA’S GDP GROWTH FOR THE YEAR 2024

Why in the news? Moody’s recently revised its growth estimate for India for the year 2024 to 7%, the rate of growth could be even higher in case of increased private consumption rates. About India’s GDP Growth Forecast:About India’s GDP Growth Forecast: Revised Forecasts: Moody has also adjusted upward the GDP growth of India in …

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