- IMF: India expected to contribute over 16% to global growth –
- The International Monetary Fund (IMF) has said India’s 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.
- India’s economy has rebounded strongly from the pandemic to become an important driver of global growth.
- Abdel Fattah El-Sisi wins third term as president of Egypt –
- Egypt’s 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 Sisi’s final term in officeas the Egyptian constitution only allows a president to sit for three terms.
- 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 %).