Economy

State of World Fisheries and Aquaculture 2024 Report

Context: As per the State of World Fisheries and Aquaculture 2024 report by the Food and Agricultural Organisation (FAO), for...

Repo Rate Remain Unchanged

Context: RBI keeps repo rate unchanged at 6.5%; raises FY25 GDP growth forecast to 7.2%. More on News:  The Repo...

Special Economic Zone

Context: The proposed Central Excise Bill, 2024, does not exempt excisable goods produced or manufactured in a Special Economic Zone...

India Plans to Boost Air Connectivity with Development of 300 Airstrips

Context: The Ministry of Civil Aviation is planning to enhance air connectivity by amending rules and expanding runways at both...

India’s Trade Performance

Context: According to data from the Commerce Ministry, the Netherlands has become India’s third-largest export destination in 2023-24, following the...

Crops in India

Context: The Ministry of Agriculture and Farmers Welfare has released the Third Advance Estimates of Major Agricultural Crops for the...

International Labour Organisation (ILO) Working Paper on Universal Social Protection

Context: According to ILO, an estimated $1.4 trillion annually is required to achieve universal social protection in low- and middle-income...

Fruit Juice

Context: The Food Safety and Standards Authority of India (FSSAI) has issued a directive mandating all Food Business Operators (FBOs)...

National Coordination Committee for World’s Largest Grain Storage Plan Holds First Meeting

Context: National Level Coordination Committee (NLCC) for the World’s largest grain storage plan holds its first meeting in Delhi.  ...

Indian Aviation Industry

Context: India will host the premium International Air Transport Association (IATA) Annual General Meeting (AGM) next year, marking a return...

Internationalising the Rupee

Context: The Reserve Bank of India (RBI) allowed the opening of rupee accounts in other countries to boost the use...

Service Sector

Context: The service sector dominated new business registrations, accounting for about 72% of new business registrations in April 2024.  ...

Forex Reserves

Context: India’s forex reserves fell by $2 billion after reaching an all-time high of $648.7 billion according to the Reserve...

Indian Economy At a Glance (Short)

Latest Trends:   Real GDP has been estimated to grow by 8.2% in FY 2023-24 as compared to the growth...

Coalition for Disaster Resilient Infrastructure (CDRI)

Context: Coalition for Disaster Resilient Infrastructure (CDRI) announces $8 Million funding initiative to support Disaster Resilient Infrastructure in Small Island...