16th NOVEMBER 2024 ENGLISH TNPSC CURRENT AFFAIRS PDF TNPSC SHOUTERS
2024 Financial year's GDP will be 7.2 - Moody's report
- The global economy, which suffered from inflation, the corona virus and the Ukraine-Russia war, is now returning to normality. India's GDP is growing year by year. India's economic growth is good. Inflation is projected to be 7.2% for the current year's GDP.
- This growth will decrease to 6.6 percent in 2025. It will decrease to 6.5 percent in 2026. If the inflation target set by the Reserve Bank is to be met, food prices must come down. Headline inflation rose to 6.2 percent in October due to higher vegetable prices.
- An MoU was signed between the Government of India and the Government of Japan at the Embassy of India in Tokyo on November 15, 24 for the joint development of the Unicorn Pole to be fitted on ships of the Indian Navy.
- In a program held in Tokyo, Indian Ambassador to Japan Mr. CP George and the Commissioner of the Acquisition Technology and Logistics Agency under the Ministry of Defense of Japan Mr. Ishikawa Takeshi signed and exchanged at an event held in Tokyo.
- The Integrated Complex Radio Antenna (Unicorn) is a mast with integrated communication systems that will help improve naval vessels. Incorporation of these advanced systems is underway by the Indian Navy, which will be developed in India by Bharat Electronics in collaboration with Japan.
- When this is implemented, it will be a joint development / joint production of defense equipment between India and Japan.
