·        It also estimated that the GDP growth forecast stan | AAA-Bright Academy

 
·        It also estimated that the GDP growth forecast stands at 6.5 percent for FY24 (1st April 2023 – 31st March 2024).
 
·        Goods and Services Tax (GST) collection, retail activity and Purchasing Managers’ Index (PMI) becomes the core reason for the projection in GDP
 
·        Moody’s Corporation Headquarters – New York, United States (US)
 
 
 
6.     Sanjeev Sanyal inducted as full time member into Prime Minister’s Economic Advisory Council 
 
·        Renowned economist and historian Sanjeev Sanyal was appointed as a full time member of the Economic Advisory Council to the Prime Minister (EAC-PM).
 
·        The council is chaired by Bibek Debroy (Former member of Niti Aayog).
 
 
·        EAC-PM is an independent body constituted by the central government.
 
·        It advises the Prime Minister (PM) on economic and related issues.

 
7.     Astronomers Detect Largest Ever Giant Radio Galaxy; Named as Alcyoneus
 
·        European astronomers, led by Martijn S.S.L. Oei of Leiden University, the Netherlands, have reported the detection of a new giant radio galaxy (GRG) as part of the Low-Frequency Array (LOFAR) Two-meter Sky Survey (LoTSS).
 
·        The newly found GRG, dubbed GRG Alcyoneus, is the largest ever known Radio Galaxy. It is situated around 3 billion light-years away.
 
·        Radio Galaxies are the galaxies that emit a high rate of radio waves.
 
·        They are said to consist of a host galaxy, that has a supermassive black hole at its galactic centre with star clusters orbiting it.
 
·        LOFAR Low-Frequency Array (LOFAR), located mainly in the Netherlands, is the world’s largest radio telescope network. It is a network of 20,000 radio telescopes across 52 areas in Europe.
 
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