BUSINESS ECONOMICS - February 1 - 28, 2023

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All Bharatwasis celebrated the Republic Day of our Bharat Mata on 26th January 2023 with great joy and with a spirit of dedication to our great Nation “Bharat“. Tribute was paid to Netaji Subhash Chandra Bose on 23rd January 2023 for his warrior and Motherly nationalist spirit. He was championing equality, harmony, inclusiveness and eradication of poverty. Reverence and homage was paid by joyous celebration to Paramananda Sri YoganandaJi on 5th January 2023 and revered Swami Vivekananda on 12th January 2023. Indian Economy: A World Bank report said that navigating the storm India’s economy is relatively insulated from global shocks as compared to other emerging markets. India’s economy has been remarkably resilient to the deteriorating external environment. United Nations reported India’s Gross Domestic Product (GDP) growth rate is projected to be moderate to 5.8% in 2023 from an estimated 6.4% in 2022. The government has estimated India’s real GDP growth in FY 23 at 7% as compared to 8.7% in 2021 – 22. India is said to become the 5th largest economy in the world.