Context: Digitalisation’s impact on monetary policy, particularly inflation, requires close monitoring, as price disparities between online and offline goods could potentially steepen the Phillips curve, prompting a reassessment of traditional inflation models said RBI Governor. Key Highlights: Phillips Curve: Inflation-Unemployment Relationship Digital Currency Digital currency, also known as electronic money, is a type of money that is stored, managed, and exchanged primarily through digital systems, like the internet. Type of Digital Currency

Context: High-interest rates and fiscal consolidation have greatly slowed down India’s economic growth for FY25. According to CRISIL, the GDP of India may reach trend growth of 6.7% during the year. Key Highlights: CRISIL is a global analytics company that provides research, data, ratings, and solutions to a variety of clients. About CRISIL

Context: India´s circular economy could generate a market value of over $ 2 trillion and create 10 million jobs by 2050, Sherpa Amitabh Kant (pictured) said Monday.

Context: The small-and-medium enterprises stock market is fast being occupied by institutional investors as opposed to traditional, retail investors considered to be part of mainstream in the country with relatively much smaller quantum IPOs usually below Rs 50 crore. Highlights:  Small and Medium Enterprise Initial Public Offering (SME IPOs):

Context: India´s market regulator, the Securities and Exchange Board of India (Sebi), has issued an administrative warning letter to HDFC Bank, the country´s largest privatesector bank, for noncompliance with listing regulations. Sebi Regulations?

Context: Bad loans in the peer to peer (P2P) lending industry more than doubled in FY24 to ₹ 1,163 crore from ₹ 472.1 crore in FY23, according to a report published by Capital mind Financial Services on Monday. Highlights: What is Bad Bank?

Context: India´s wholesale price index (WPI) in November eased to a three month low of 1.89 per cent as prices of food items, especially vegetables fell, government data showed on Monday. What is Wholesale Price Index (WPI) & Consumer Pri

Context: Switzerland suspending the unilateral application of the most favoured nation (MFN) clause with India under the Double Tax Avoidance Agreement (DTAA) should not impact the $100 billion investment commitment under the recently signed trade deal between India and European Free Trade Association (EFTA) nations. What is European Free Trade Association (EFTA) nations? What is Double Tax Avoidance Agreement

Context: India’s merchandise exports fell 4.83% in November to a 25-month low of $32.11 billion. Key Highlights: Key Terms: Merchandise export is the sale of physical goods from one country to another. A trade deficit occurs when a country imports more goods and services than it exports, resulting in a surplus outflow of a country’s currency in