Current Affairs 05 May 2022

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    05 May 2022

    Current Affairs - BANKING AND ECONOMY

    05 May 2022

    RBI Hiked Repo Rates by 40 Basis Points

    The borrowing rates were raised considering the economic growth prospects of the country.

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    05 May 2022

    India’s GDP may cross USD 5 Trillion in FY29

    India’s declining GDP forecast is due to weaker domestic demand and lowers net exports.

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    05 May 2022

    Fintech Firm open Becomes 100th Unicorn of India

    India has the third maximum number of Unicorns after USA and China.

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    05 May 2022

    Adani Wilmar Limited Acquired Kohinoor Brand from Mccormick Switzerland GMBH

    This acquisition will give the company exclusive rights along with ‘Ready to Cook’ and ‘Ready to Eat’ curries.

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