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  1. IMF: India expected to contribute over 16% to global growth –
  • The International Monetary Fund (IMF) has said Indias economic reforms have helped the nation become a star performer, contributing over 16% to global growth.
  • According to which the South Asian country, underpinned by prudent macroeconomic policies, is on track to be one of the fastest-growing major economies in the world this year.
  • Indias economy has rebounded strongly from the pandemic to become an important driver of global growth.

 

  1. Abdel Fattah El-Sisi wins third term as president of Egypt –
  • Egypts election authority announced that President Abdel Fattah El-Sisihas secured a third six-year term leading the North African nation.
  • Sisi won another term with 6 percent of the vote, the National Elections Authority said.
  • Over 39 million Egyptians voted for the former army chief, who has ruled the nation for over a decade.
  • This will be Sisis final term in officeas the Egyptian constitution only allows a president to sit for three terms.

 

  1. Uttar Pradesh becomes second-largest economy in India –
  • According to an online blogging platform in, Maharashtrahas emerged as the largest economy of India.
  • It has the largest share of 7% in India s Gross Domestic Product (GDP).
  • It is followed by Uttar Pradesh (UP) with 9.2% share in India s GDP, and Tamil Nadu (TN) with 9.1%.

The above states are followed by Gujarat (8.2%), West Bengal (7.5%), Karnataka (6.2%), Rajasthan (5.5%), Andhra Pradesh (4.9%), and Madhya Pradesh (4.6 %).

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