economy

Inflation, Definition, Causes, Impacts, Inflation Rate in India

Context: RBI said core inflation is falling but food price fluctuations are affecting the RBI's monetary policy and their 4% target. Vegetable price drops during winter were minimal and temporary, with cereal, meat, and fish prices experiencing increases. What is...

Foreign Portfolio Investment (FPI), Benefits, Challenges

Context: Foreign Portfolio Investors (FPIs) invested over 5000 crore into the Indian stock market in March 2024. Foreign Portfolio Investment (FPI) Foreign Portfolio Investment (FPI) plays a significant role in today's globalized financial landscape, with capital flowing across borders and...

Human Development Index India’s Ranking 134 Out of 193 Countries

Context: According to the United Nations Development Programme (UNDP) report “Breaking the gridlock: Reimagining cooperation in a polarised world” India has been ranked 134th in the Human Development Index. Findings of Human Development Index (HDI) Improvement in Ranking: India's HDI...

List of GI Tag Products in India 2024, State Wise GI Tag and Its Significance

List of GI Tag Products in India 2024 Geographical Indication (GI) Tags in India serve as a vital form of intellectual property protection, acknowledging products originating from specific geographical regions with distinct qualities, reputations, or characteristics inherently tied to their...

India’s GDP Growth Rate 2024-25, GDP of India in Last 10 years

Context: The National Statistical Office (NSO) raised India’s real GDP growth estimate for this year to 7.6% from the 7.3% projected last month. India Q3 GDP Data Highlights: Indian economy Grows by 8.4% India's economy grew fast in the last...

Ports and Shipping Industry in India

Ports and Shipping Industry in India Ports and Shipping Industry in India is surging ahead, riding on the waves of economic progress. With a coastline stretching over 7,500 kilometers and more than 200 ports, India holds a strategic position in...

Spices Sector in India, List of Indian Spices, History and Government Initiative

Spices Sector in India The spices sector in India stands as a testament to the country's rich cultural heritage and economic resilience. From ancient civilizations to modern times, spices have been integral to India's identity, shaping its culinary traditions and...

Direct Benefit Transfer Scheme, Benefits, Pros and Cons

Direct Benefit Transfer (DBT), introduced by the Government of India in 2013, revolutionizes welfare delivery. Streamlining fund transfers and enhancing transparency, DBT aims to directly empower beneficiaries while curbing fraudulent practices. Direct Benefit Transfer (DBT) Direct Benefit Transfer (DBT) is...

Fair and Remunerative Price (FRP), Factors, Implications

Fair and Remunerative Price (FRP) The recent issuance of a government resolution by the Maharashtra Government regarding sugar payment methods has sparked debates and protests among farmers in the state. The resolution proposes changes in the Fair and Remunerative Price...

100% FDI in Space Sector and its Benefits

Context: The Union Cabinet amendment to the existing Foreign Direct Investment (FDI) policy allowed 100% FDI in the space sector without prior approval. More In News Foreign firms planning to build satellites in India would not require government approval up...