Economy

Tax Simplification and Rationalisation

Tax Simplification and Rationalisation

Context: The Indian government has set up a committee, led by V.K. Gupta, Chief Commissioner of Income Tax, to review...

The Middle-Income Trap

The Middle-Income Trap

Context: The World Development Report 2024, authored by the World Bank, highlights a critical challenge facing many economies i.e. the...

UNDP to Work with NITI Aayog on Sustainable Development

UNDP to Work with NITI Aayog on Sustainable Development

Context-UNDP to Work with NITI Aayog The United Nations Development Programme (UNDP) is set to collaborate with India’s NITI Aayog...

Tax Devolution

Tax Devolution

Context: The central government has released Rs 1.78 trillion to states in tax devolution, including an advance instalment of Rs...

Risks and Challenges for India

Context: The Finance Ministry’s latest review of the Indian economy showed optimism that India could achieve the Economic Survey’s projected...

Textile Industry Struggling to Perform Better

Textile Industry Struggling to Perform Better

Context: According to the Union Minister for Textiles the Indian textile and apparel sector is targeting $350 billion annually by...

European Union’s Carbon Tax

European Union’s Carbon Tax

Context: India’s Finance Minister recently criticised the European Union’s Carbon Border Adjustment Mechanism (CBAM) as “unilateral and arbitrary,” asserting that...

Brazil Passes ‘Fuel of the Future’ law to boost Sustainable Aviation

Brazil Passes ‘Fuel of the Future’ law to boost Sustainable Aviation

Context: Brazil has approved the “Fuel of the Future” law, which promotes the production and use of Sustainable Aviation Fuels...

RBI Maintains Status Quo on Interest Rate MPC

Context: The Reserve Bank of India’s Monetary Policy Committee (MPC) convened from October 7 to 9, 2024, to review the...

Britain’s Last Coal-Fired Power Plant and Lessons for India

Britain’s Last Coal-Fired Power Plant and Lessons for India

Context: The closure of Britain’s last coal-fired power plant in Nottinghamshire marks a significant milestone in the global transition toward...

Global Digital Compact

Global Digital Compact

Context:GDC At the recent ‘Summit of the Future’ organised by the United Nations, member countries adopted the ‘Global Digital Compact’...

Govt Approves Universal Fortified Rice Supply Till 2028

Govt Approves Universal Fortified Rice Supply Till 2028

Context: The Indian government approved the continuation of universal fortified rice distribution under all Union schemes, including PMGKAY, from July...

Increased UPI Limit

Increased UPI Limit

Context: The Reserve Bank of India (RBI) recently announced an Increased UPI Limit for Unified Payment Interface (UPI) transactions, aiming...

High-Performance Building for Sustainable Future

High-Performance Building for Sustainable Future

Context : High-Performance Building As urbanisation accelerates, India risks surpassing global benchmarks for energy efficiency and carbon emissions in buildings....

Nations with Mineral Reserves needed for Energy Transition

Nations with Mineral Reserves needed for Energy Transition

Context: The global renewable energy system is currently dominated by fossil fuels, but the transition to a low-carbon economy will...