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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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