Economy

Transactions to be reported as fraud to RBI

Context: Reserve Bank of India (RBI) issued updated Master Directions on Fraud Risk Management (MDoFRM) stipulating that ten specific types...

SEBI Proposes to Bring ‘New Asset Class’

Context:SEBI proposes to bring a ‘new asset class’ with a minimum investment limit of Rs 10 lakh per investor.  ...

E-Commerce Export Framework

Context: India’s e-commerce industry is dominated by small businesses exporting products valued between $25 and $1,000 including items such as...

IMF raises India GDP forecast by 20 bps to 7% for FY25

Context: The International Monetary Fund (IMF) revised upward its projections for India’s GDP growth in the fiscal year 2024-25 (FY25)...

Doubling of Return on Foreign Currency Asset

Context: RBI said with interest rates rising in the US and other developed countries amid high inflation, the return, or...

Minimum Support Price (MSP) for Makhana

Context: The Bihar government has urged the Centre to declare a Minimum Support Price (MSP) for makhana, a significant aquatic...

Exports Stay in the Green Amid Logistics Challenges

Context: India’s exports saw gains in four of the top five destinations with a 6% increase to the US, 14%...

Deposit Insurance and Credit Guarantee Corporation (DICGC)

Context: DICGC takes 30 days on average to reimburse insured depositors, double the global average, due to data quality issues,...

Dynamics of the Gig Economy

Context: Karnataka Platform-based Gig Workers (Social Security and Welfare) Bill, 2024 does not adequately address employment relationships in gig work,...

Government to Launch AgriSURE

Context: The Government is set to launch a Rs 750 crore Category-II Alternative Investment Fund (AIF) called AgriSURE.    Agri...

US-China Trade War 

Context: With the US presidential election due at the end of the year, there is a growing debate on future...

China’s Industrial Overcapacity: Catalyst for Green Transition or Global Glut?

Context: China’s rise as a manufacturing leader has given it significant control over global supply chains, especially for in-demand goods. ...

Deregulating Non-Subsidised Fertilisers

Context: With price decontrol of urea, di-ammonium phosphate (DAP), and other politically sensitive nutrients unfeasible, the focus may shift to...

Technology Development Fund (TDF) Scheme

Context: DRDO has sanctioned seven projects under the Technology Development Fund for MSMEs and start-ups, boosting Aatmanirbharta and strengthening the...

Government e-Marketplace (GeM)

Context: The GeM portal achieved a milestone, with procurement of goods and services crossing Rs 1.24 lakh crore in the...