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09 May 2017 Current Affairs

 Posted On : May 9, 2017

09 May 2017 Current Affairs is available now for the users to read.

09 May 2017 Current Affairs

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India will grow faster about 7.7% by 2018-19 IMF Says

Indian economy growth is expected to rebound to 7.2% in the 2017-18 fiscal and 7.7% in 2018-19 despite effect of demonetization. This is estimated projection of International Monitory Fund. IMF recommended the removal of long-standing structural bottlenecks to enhance market flow. Temporary distraction caused by cash shortages accompanying the currency exchange initiative are expected to gradually dissipate in 2017.

Justin Bieber will be live on Koffee with Karan TV Show

Pop superstar Justin Bieber looks all set to appear on Koffee With Karan. Organizers of the show are working hard and not leaving any stone unturned to make it sure that superstar will be joining on the show hosted by Karan Johar. The Justin Bieber Purpose Tour takes place in Mumbai on May 10 and reports coming have stated Bieber might be keen to do one exclusive interview while in the country.

Indian Economy is likely to be double in next Eight Years

The Indian economy, which took 68 years to hit the US$ 2 trillion mark, could well double in the next 8 years, which will present a tremendous opportunity for investors especially in companies which are domestic driven, Sunil Singhania, CIO-Equity-Investment at Reliance Mutual Fund said in an interview with CNBC-TV18.

Home to all by 2022 will cater $1.3 Trillion to Economy in next 7 years

Prime Minister Narendra Modi’s drive to bring homes to the country’s 1.3 billion people, rising incomes and the best affordability in two decades will unleash a $1.3 trillion wave of investment in housing over the next seven years.60 million new homes to be built between 2018 and 2024, creating about 2 million jobs annually and giving a tailwind of as much as 75 basis points to India’s gross domestic product.

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