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Economy

Liquefied Natural Gas (LNG)

Liquefied Natural Gas (LNG)

Context: India’s liquefied natural gas (LNG) imports touched a near four-year high as gas-based power output jumps amid severe heatwave. ...

Advisory Committee on National Account Statistics

Advisory Committee on National Account Statistics

Context: The Union government recently reconstituted the Advisory Committee on National Accounts Statistics chaired by Bishwabnath Goldar.   About the...

86th Session of the Executive Committee of Codex Alimentarius Commission

Context: India’s Participation in the 86th Session of the Executive Committee of Codex Alimentarius Commission, which was held at the...

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...

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...

Petrodollar

Petrodollar

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

Government to Amend MSME Development Act, 2006

Government to Amend MSME Development Act, 2006

Context: Ministry of Micro, Small, and Medium Enterprises (MSME) to amend MSME Development Act, 2006. More on News: The aim...

Currency Swap Arrangement

Currency Swap Arrangement

Context: The Reserve Bank of India (RBI) has decided to put in place a revised Framework on Currency Swap Arrangement...