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Non Deliverable Forwards (NDFs) Book The Reserve Bank of India has begun to rein in its ballooning non deliverable forwards book (NDFs), as sources say it has turned away from one of its primary to 19 Dec 2024 GST Exemption on Term Life Insurance Context: A Group of Ministers (GoM), led by Bihar´s Deputy Chief Minister Samrat Chaudhary, has recommended full goods and services tax (GST) exemption on pure 19 Dec 2024 India on 10th spot in US trade deficit rankings Context: India was not among the top 10 countries with the largest trade deficits with the US in CY 2023, but ranked 10th according to data for CY 2024, as elec 19 Dec 2024

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Fiscal Deficit at 4.4% of GDP FY26 Context: The government is expected to set the fiscal deficit target at 4.4 per cent of gross domestic product (GDP) for FY26 in the upcoming Budget. What is Fi 19 Dec 2024 Net Direct Tax Collections Rises Context: India’s net direct tax collections were up 16.5%, crossing ₹15.82 lakh crore by December 17, with non-corporate taxes leading the growth. What is Direc 19 Dec 2024 Manage Sacred Groves: SC tells Govt. Context: The Supreme Court on Wednesday directed the Centre to create a comprehensive policy for the management of sacred groves across the country. Key Highlig 19 Dec 2024 INS Nirdeshak Context: INS Nirdeshak, the second ship of the Survey Vessel project, was commissioned into the Indian Navy. Key Features: It is a hydrographic survey ship desi 19 Dec 2024 HLVM3 for Gaganyaan’s Flight Context: The Indian Space Research Organisation on Wednesday commenced the assembly of the Human Rated Launch Vehicle Mark-3 (HLVM3) for the Gaganyaan mission’s 19 Dec 2024

Ganges River Dolphin Context: GUWAHATI A team of wildlife conservationists tagged the almost-blind Ganges river dolphin for the first time in India. Ganges River dolphin (Plata 19 Dec 2024 India-China talks Context: India and China “positively affirmed” the outcome of their disengagement agreement on the Line of Actual Control (LAC), as National Security Adviser Aj 19 Dec 2024

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