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Economy

Written for the exam, not for the news cycle. Every item carries what it means for NABARD Grade A, RBI Grade B and SEBI Grade A.

Page 13
Core Sector Growth in India Context: Core Sector Growth: The 4.6% drop in January 2025 was slowly creeping down from the 4.8% in December 2024. Sector wise Performance: Cement: Fastest gro 1 Mar 2025 GDP Growth in India Growth Performance Q3 FY25 GDP Growth: 6.2% (an increase from the 5.6% growth rate in Q2). In Comparison to Q3 FY24: A much slower rate than last year's 9.5%. R 1 Mar 2025 Fiscal Deficit: IMF vs. Government Perspective Context: A fiscal deficit of around 3 per cent of the gross domestic product (GDP) for the central government, as advocated by the International Monetary Fund ( 28 Feb 2025

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Centre Seeks to Cut States’ Tax Share Context: The Union Government plans to reduce the share of tax revenue allocated to States from 41% to 40%. The proposal will be sent to the Finance Commission 28 Feb 2025 India-Australia Economic Ties Context: Australia has just come out with a brand new comprehensive road map for strengthening their bilateral economic relationship with India. Key Highlights 27 Feb 2025 UK-India Trade Deals Context: UK Trade Secretary Jonathan Reynolds and Investment Minister Poppy Gustafsson visited India this week to strengthen economic ties. Though the UK announ 27 Feb 2025 Rupee Depreciates Again Context: Rupee fell 50 paise (0.57%) to ₹87.21/USD, its biggest fall in three and more weeks. Year to date in FY25, the rupee has depreciated 4.31%; in 2025 alo 26 Feb 2025 S&P Global Report on U.S. Tariff Context: S&P Global Ratings claims that several Asia Pacific economies may be the very targets of an advancing higher tariff regime under a presumed Trump a 25 Feb 2025
Investment in Gold Context: Gold tops all other financial assets in 2024, rising 42 per cent at a dollar price, and over 13 per cent in rupees. Aggressive buying by central banks 24 Feb 2025 Prudence vs. Populism Key Findings from 2025-26 Budgets of Five Big States States with Revenue Surplus: Uttar Pradesh, Gujarat, and Odisha States with Revenue Deficit: Rajasthan and 24 Feb 2025
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