Context: The APEC Climate Centre has predicted that La Nina, which brings heavy rainfall and floods to Asia, particularly India, will probably emerge during January-March 2025. Know about La Nina? Asia-Pacific Economic Cooperation (APEC) India is not a member of the Asia-Pacific Economic Cooperation (APEC):
Credit Guarantee Scheme
Context: Union Food Minister Pralhad Joshi unveiled the ₹1,000-cr scheme to provide a credit guarantee to post-harvest loans for farmers. Key Highlights: E-Kisan Portal
HML to Launch Modern Farming Practices
Context: Key Highlights: Harrisons Malayalam LTD is an Indian agricultural business corporation, and a part of the RPG Group
Di-Ammonia Phosphate (DAP) price Hike
Context: After a gap of nearly four years, the prices of Di-Ammonia Phosphate (DAP) are expected to increase by 12-15 per cent, from ₹ 1,350 per bag to ₹ 1550-₹ 1590 per bag. The revised rates could be effective from January 1, 2025. What is Di-Ammonia Phospha
Impact of Digitisation on Inflation
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
GDP Prediction by CRISIL
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
Circular Economy: Kant
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.
SME IPOs Reveals Data
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):
Sebi issues administrative warning letter to HDFC Bank
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?
P2P bad loans doubled: Report
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?
