economy

Foreign Portfolio Investment (FPI), Benefits and Challenges

Context: Foreign portfolio investors (FPIs) pulled out ₹14,800 crore from equity markets, driven by the outcomes of recent elections and the appealing valuations of Chinese stocks. Foreign Portfolio Investment (FPI) Foreign portfolio investment (FPI): It involves holding securities and other...

Relationship Between Bonds and Bond Yield

Context: Recently, the yield on the 10-year government bond rose sharply by 9 basis points, marking the largest increase in eight months. More In News Concurrently, the Indian Rupee depreciated by 38 paise, closing at 83.53 against the dollar, representing...

Preston Curve, Problems and Controversies

What Is Preston Curve? The Preston Curve is an empirical cross-sectional relationship between life expectancy and real per capita income. It was first described by Samuel H. Preston in 1975. It suggests that individuals born in richer countries tend to...

List of Finance Ministers of India 1947 to 2024, Current Finance Minister

The Finance Minister of India plays a central role in steering the nation’s economy through policy reforms, budget allocations, and fiscal management. Since Independence in 1947, India has seen several visionary finance ministers who helped lay the foundation for the...

Evergreening of Loans, Risk and Mitigation Strategies

Context: The Reserve Bank of India (RBI) has imposed business restrictions on two Edelweiss group companies, Edelweiss Asset Reconstruction Company (EARC) and ECL Finance Ltd (ECL), due to concerns related to evergreening of loans observed during supervisory examinations. What is...

Global Unemployment Rate Drop Slightly in 2024: ILO

Context: The International Labour Organization (ILO) has indicated that the global unemployment rate is projected to decrease marginally from 5.0% in 2023 to 4.9% this year, despite ongoing disparities in labour markets. Highlights of Global Unemployment Regional Insights United States:...

Tackling Inflation in India, Policies, Challenges

Context The Reserve Bank of India (RBI) has effectively managed consumer price inflation within its mandated range of 4% ± 2%. Strategic use of monetary policy has stabilised prices and protected consumer purchasing power. Ensuring Financial Stability and Surplus Generation...

India’s Reliance on China for Electronic

Context: In FY24, China regained its status as India's top trading partner, a position it has held six times in the past ten years, primarily due to its high volume of exports to India. India-China Trade Dynamics Trade Imbalance: India's...

Hub of Financial Crimes: Cyber Security and Types of Scams

Context: According to the Indian Cyber Crime Coordination Centre (I4C), Southeast Asian countries such as Cambodia, Myanmar, and Laos have become significant hotspots for cybercrimes, with approximately 48% of financial frauds in India originating from these nations. More In News...

Economic Capital Framework by Reserve Bank of India (RBI)

Context The Reserve Bank of India (RBI) approved the transfer of a record ₹2,10,874 crore as surplus to the Union government for the accounting year 2023-24. This transfer is more than double the ₹87,416 crore transferred in FY23. More in...