economy

  • Cat Bonds (Catastrophe Bonds), Meaning, Purpose, Pros and Cons

    Context: In the times of unpredictability and an increase in the frequency of extreme weather events, such as cyclones, floods, forest fires, and devastating earthquakes in South Asia, the need for cat bonds is highlighted. What are Cat Bonds (Catastrophe...

    Last updated on July 11th, 2025 11:40 am
  • What is Visible and Invisible Trade with Examples

    Context: India’s “invisibles” trade is today bigger than the “visible” merchandise trade account in its external balance of payments. What is Visible and Invisible Trade? Visible Trade (Goods/Merchandise) Involves the export and import of physical goods. Includes items like textiles,...

    Last updated on July 8th, 2025 03:59 pm
  • Chemical Industry in India: Powering India’s Participation in Global Value Chains

    Context: NITI Aayog released its report "Chemical Industry: Powering India’s Participation in Global Value Chains" Status of Chemical Industry in India Size & Contribution: India is the 6th largest chemical producer in the world and 3rd in Asia. Contributes over...

    Last updated on July 7th, 2025 12:10 pm
  • Dynamic Pricing: What It Is and Why It’s Important

    Context: According to the new Motor Vehicle Aggregator Guidelines (2025), aggregators shall be permitted to charge a minimum of 50% lower than the base fare and a maximum dynamic pricing of two times the base fare. What is Meant by...

    Last updated on July 5th, 2025 05:21 pm
  • Asset Monetisation Strategy for Road Sector and Its Significance

    Context: NHAI has released a comprehensive road map for asset monetisation in the roads sector paving way for unlocking value and generating funds for further investment in the roads sector. NHAI has raised over Rs 1.4 lakh across using the...

    Last updated on July 4th, 2025 12:23 pm
  • Index of Industrial Production 2025, Formula, Calculation, Importance

    Context: India’s Index of Industrial Production (IIP) growth fell to a 9-month low of 1.2% in May 2025. Index of Industrial Production 2025 Index of Industrial Production (IIP) slumped to 1.2%, the lowest in 9 months, mainly due to: Slowdown...

    Last updated on May 13th, 2024 11:07 am
  • List of GI Tag Products in India 2025, State Wise GI Tags

    Context: Italian luxury brand Prada showcased footwear inspired by India’s GI-tagged Kolhapuri chappals at its Spring/Summer 2026 show in Milan, triggering allegations of cultural misappropriation and raising questions about the global enforceability of Geographical Indications (GIs). As of 2025, India...

    Last updated on July 2nd, 2025 03:01 pm
  • Sagarmala Finance Corporation Limited (SMFCL): Objectives and Functions

    Context: Sagarmala Finance Corporation Limited (SMFCL) has been established as  India’s first maritime sector-specific Non-Banking Financial Company (NBFC). What is Sagarmala Finance Corporation Limited (SMFCL)? Sagarmala Finance Corporation Limited (SMFCL) is a Mini Ratna Category-I Central Public Sector Enterprise (CPSE) under...

    Last updated on July 1st, 2025 06:26 pm
  • Operation Deep Manifest, Key Features and Significance

    Context: Under ‘Operation Deep Manifest’, the Directorate of Revenue Intelligence (DRI) has seized goods of Pakistani origin valued at ₹9 crore. About Operation Deep Manifest A targeted enforcement operation by the Directorate of Revenue Intelligence (DRI). Aimed at detecting and...

    Last updated on July 1st, 2025 06:15 pm
  • Goods and Services Tax (GST), Objectives, Features, Subsumed Taxes

    India celebrates the eighth anniversary of the Goods and Services Tax (GST) on July 1, 2025, marking a significant moment in the country’s economic and taxation history. Since its implementation in 2017, GST has redefined how businesses operate, how goods...

    Last updated on July 1st, 2025 03:00 pm