economy

India’s Business Sector: Corruption and Compliance Challenges

Context: A recent “India Business Corruption Survey 2024” highlighted 66% of business entities admitting to paying bribes, with 54% stating they were coerced to expedite government processes, obtain permits, ensure compliance, or acquire duplicate licenses. India's Business Sector: Compliance Reforms...

What is Quick Commerce, Components and Benefits

Context: According to a recent report by Bernstein, Quick commerce in India is set to grow at an impressive rate of 75-100 per cent year-on-year, significantly outpacing traditional retail. What is Quick-Commerce? It is a unique business model where the...

US Strategic Bitcoin Reserve, Purpose, Function and Benefits

Context: US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a US Digital Asset Stockpile. About US Strategic Bitcoin Reserve (SBR) Strategic Bitcoin Reserve (SBR) is a newly established national reserve of Bitcoin. It...

Spice Production in India: India’s Position in the Global Spice Market

Context: India is the largest producer and exporter of diverse varieties of spices in the world; its share in the global seasoning market is very low. Spice Production in India India is the largest producer and exporter of spices, contributing...

Sudan Conflict Disrupts Global Gum Arabic Supply

Context: The ongoing civil war between Sudan’s national army and the paramilitary Rapid Support Forces (RSF) has significantly disrupted the legal supply chain of Gum Arabic. About Gum Arabic It is a natural gum derived from the hardened sap of...

Why is the Parandur Airport Project facing Opposition?

Context: The Parandur airport project has faced continuous opposition from villagers, farmers and environmentalists over the past three years. About Parandur Airport Project The Parandur Greenfield Airport is proposed as Chennai’s second airport to decongest Chennai International Airport (Meenambakkam). Parandur...

India’s Textile and Apparel Industry, Opportunities and Challenges

Context: The textile and apparel industry, as India's second-largest employer after agriculture, holds immense potential to drive large-scale job creation and support the vision of Viksit Bharat by 2047. Current Status of India’s Textile Industry Global Standing & Production: India...

IREDA Shareholders Approve ₹5,000 Crore Fundraising via QIP

Context: The Indian Renewable Energy Development Agency Ltd. (IREDA) has received shareholder approval to raise up to ₹5,000 crore through Qualified Institutional Placement (QIP). What is Qualified Institutional Placement (QIP)? QIP is a capital-raising method where a listed company issues...

Tax Cut in Budget will have Multiplier Effects

Context: In the Union Budget for fiscal year 2025-26, Finance Minister Nirmala Sitharaman introduced significant reforms to the personal income tax (PIT) structure. Key Changes in Personal Income Tax Increased Tax-Free Income Threshold: The tax exemption limit under Section 87A...

RBI’s has slashed Risk Weights on Bank Loans to NBFCs

Context: The Reserve Bank of India (RBI) has announced a 25 percentage point reduction in risk weights on bank loans to non-banking financial companies (NBFCs). What are Risk Weights? Risk weights are a regulatory measure used by banks to assess...