Economy

Startup Ecosystem in the Agricultural Sector

Context: Department of Agriculture & Farmers’ Welfare (DA & FW) is implementing the Innovation and Agri-Entrepreneurship Development programme under Rashtriya...

Jammu and Kashmir Lithium Block

Context: The Ministry of Mines was forced to scrap the auction for the lithium block in Jammu and Kashmir’s (J&K’s)...

Payment Aggregator-Cross Border (PA-CB)

Context: Cashfree Payments, a (Non-Bank) company specialising in banking solutions and payments, received the Reserve Bank of India’s (RBI) approval...

World Bank Group Guarantee Platform

Context: The World Bank Group has launched a new guarantee platform to enhance private sector financing for development, aiming to...

India’s Declining Garment Export Performance

Context: According to a report by the Global Trade Research Initiative (GTRI), garment exports declined to $14.5 billion in the...

Rise of Indian Patent Applications

Context: In FY24, domestic patent applications surpassed foreign ones for the first time, driven by growth in chemicals, pharma, computer...

Local Job Quotas in the Private Sector

Context: The Karnataka State Employment of Local Candidates in the Industries, Factories, and Other Establishments Bill, 2024, which seeks to...

Financial Literacy: Empowering Women for a Secure Future

Context: World Economic Forum’s Longevity Economy Principles report shows that inclusive financial ecosystems promote individual decision-making freedom, and empowering women...

Navigating Economic Indicators and Policy Implications

Context: The economy shows a paradox of weak consumption growth, sluggish employment, and low core inflation despite strong overall growth,...

India’s Informal Economy

Context:Data from the Annual Survey of Unincorporated Enterprises (ASUS) shows Informal Economy which is crucial for job creation and employing...

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...