Economy

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...

Financial Action Task Force (FATF)

Financial Action Task Force (FATF)

Context: The Financial Action Task Force (FATF) said that India’s anti-money laundering and counter-terrorist financing (AML/CFT) regime is achieving “good...

53rd Goods and Services Tax (GST) Council Meeting

53rd Goods and Services Tax (GST) Council Meeting

Context: The GST Council convened after nearly nine months and deliberated on clarifications, tweaks, forbearances, and procedural changes based on...

Power Markets in India

Context: The government has allowed trading of surplus electricity generated from “linkage coal” in power markets to meet peak demand...

Front-Running

Context: Quant Mutual Fund is under regulatory scrutiny for alleged front-running, while Securities and Exchange Board of India (SEBI) banned...

4th Tranche Auction for Critical and Strategic Minerals

Context: Union Minister of Coal and Mines along with Minister of State for Coal and Mines, inaugurated the 4th tranche...

Amended Surrogacy Leave Rules for Government Employees.

Context: The Centre has notified amended rules to allow women government employees to take 180 days of maternity leave in...

RBI Revises Priority Sector Lending Norms

Context: Reserve Bank of India (RBI)  revised priority sector lending norms to promote small loans in economically disadvantaged districts with...