Economy

Inflation

Context: An article, part of the RBI’s September bulletin titled “State of the Economy” noted that despite CPI inflation staying...

‘Relative Economic Performance of Indian States’

Why in the News? The Economic Advisory Council to the Prime Minister (EAC-PM) released a working paper titled ‘Relative Economic...

FATF Mutual Evaluation Report on India (2024) 

Why in News? The Financial Action Task Force (FATF) has praised India’s efforts in combating money laundering and terror financing,...

Reducing India’s Debt/GDP ratio and Fiscal Deficit 

Context: Managing a country’s economy involves reducing the debt-to-GDP ratio by controlling the fiscal deficit, as focusing on debt reduction...

Nano Businesses

Context: Government data from 2015 identified over 63 million MSMEs, with more than 60 million classified as micro-enterprises. But within...

India’s first fashion forecasting initiative ‘VisioNxt’

Context: Union Minister of Textiles launched the ‘VisioNxt Fashion Forecasting Initiative,’ a bilingual web portal developed by the National Institute...

Downfall in Casa ratio of banks to Pre-Covid level

Context: SBI Chairman CS Setty stated that the share of low-cost deposits in the banking system, already declining, could drop...

Innovation, Competition and Ambition

Context: Indian industry invests only 0.3% of GDP in in-house R&D, far below the world average of 1.5% and India...

National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR)

Context: The Union Cabinet approved the establishment of the National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, Comics,...

NFRA issues revise Standards to Address Deficient Audit Quality

Context: The National Financial Reporting Authority (NFRA) has proposed revised Standards on Auditing (SA 600) to align with International Standards...

India as Largest Contributor to Global Oil Demand

Context: Earlier this month, two of the top three global energy forecasters projected that India would become the largest contributor...

Promoting Domestic Ship – Building Industry

Context: Japan and South Korea have shown interest in investing in India’s nascent shipbuilding industry, according to Union Minister Sarbananda...

India’s Zinc Demand to Rise By 2030

Context: The International Zinc Association stated that India’s zinc demand is expected to see a substantial rise by 2030, driven...

India’s Unified Lending Interface (ULI): A Catalyst for Innovation

Context: The Reserve Bank of India recently unveiled the Unified Lending Interface (ULI), a new DPI platform designed to make...

US-India Strategic Clean Energy Partnership

Context: The Strategic Clean Energy Partnership (SCEP) Ministerial was convened by U.S. Energy Secretary Jennifer Granholm and Indian Minister of...