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Economy

Draft Foreign Exchange Management Regulations, 2024

Context: Reserve Bank of India (RBI) introduced Draft Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2024 ...

Government plans a PLI scheme to boost critical mineral recycling and support the circular economy

Government plans a PLI scheme to boost critical mineral recycling and support the circular economy

Context: The Ministry of Mines is in the early stages of developing a Production Linked Incentive (PLI) program aimed at...

RBI’s surplus transfer to the Government

RBI’s surplus transfer to the Government

Context : RBI announced last month that it is transferring a sizable dividend to the government, significantly more than what...

Zinc’s Groundbreaking Impact on Nitrogen Fixation and  Climate-Friendly Farming

Zinc’s Groundbreaking Impact on Nitrogen Fixation and Climate-Friendly Farming

Context: Researchers in France have discovered the crucial role of zinc in promoting the health and productivity of legume crops. ...

Project Nexus

Project Nexus

Context: India’s Unified Payments Interface (UPI) and Fast Payments Systems (FPSs) of Malaysia, the Philippines, Singapore and Thailand will be...

World Bank Financing for India’s Low-Carbon Transition

World Bank Financing for India’s Low-Carbon Transition

Context: The World Bank has approved an additional $1.5 billion funding for a second initiative to aid India’s transition to...

Petrodollar

Petrodollar

Context: With the The 50-year-old petrodollar agreement between the US and Saudi Arabia expired commentators predicted the end of the...

Indian Government Bonds in JP Morgan Index

Indian Government Bonds in JP Morgan Index

Context: Indian Government Bonds (IGBs) will be included in JP Morgan’s Government Bond Index-Emerging Markets (GBI-EM) for a period of 10 months....

India’s new trilemma: Kids, Jobs & Emigration

India’s new trilemma: Kids, Jobs & Emigration

What is Demographic Dividend? The term coined by Harvard economist David Bloom, refers to economic growth potential when a country...

Increase in Coffee Exports to Europe

Increase in Coffee Exports to Europe

Context:   Indian coffee exporters are seeing increased demand as European buyers stockpile coffee ahead of the EU Deforestation Regulation...