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232 articles

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.

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Green Steel Context: The finance ministry has rejected the steel ministry's plan for a central public entity that would buy green steel in bulk. Context: About Green Steel 26 Dec 2024 SteelMin wants Customs duty to double to 15% The steel ministry has urged the Ministry of Finance to double the basic Customs duty on imported finished steel products to 15 per cent from the current 7.5 pe 26 Dec 2024 Govt. will boost spending quality, cut fiscal deficit Context: The government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5% o 26 Dec 2024

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India’s Economy: A “Strong Start, Weaker Finish” Global Challenges: Uncertainty due to Trump 2.0 policies, including tariffs and China's fiscal stimulus. Global GDP growth expected to slow to 2.9% year-on-year 24 Dec 2024 Retail inflation for farm, rural workers eases in November Context: Retail inflation for farm workers and rural laborer changes to 5.35% and 5.47% in November compared with 5.96% and 6%, respectively, in October. What i 24 Dec 2024 The financial sector of India in the year 2024 Policy Rate and Growth-Inflation Dynamics The RBI maintained its policy rate at 6.5% throughout the year. In December, the RBI stepped back from the cash reserv 24 Dec 2024 World Bank Remittance Report 2024 India's Remittance Status: India is expected to be the top recipient of remittances in 2024, with $129 billion in remittance inflows. Global Remittance Growth: 19 Dec 2024 Indian economy may grow 6.6% in FY26: Ind-Ra Context India Ratings and Research (Ind-Ra) projected the Indian economy to grow at 6.6% in 2025-26, up from 6.4% in the current financial year.  India Rat 19 Dec 2024
The Indian Rupee Fell Context: The Indian rupee fell an all-time low of 84.93 per US dollar, per mid-session on Tuesday. Factors Affecting: Reasons: trade deficit, unreported gold im 18 Dec 2024 REVEX Revenue Expenditure REVEX stands for revenue expenditure, which is a term used in accounting and finance to describe the money a business spends on activities that are directly rel 9 Dec 2024
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