Commission On Population And Development : Session The Permanent Mission of India to the United Nations and the Ministry of Panchayati Raj, in collaboration with the United Nations Population Fund is organizing event titled “Localizing the SDGs: Women in Local Governance in India Lead the Way” during the 57th Session of the Commission on Population […]
Category: Economics Current Affairs
Paradox Of Savings
Paradox Of Savings: The paradox of savings, or the paradox of thrift, has been a topic of interest in economic discussions due to its implications on how personal savings behaviors might negatively affect broader economic growth. This counterintuitive economic concept has resurfaced in news and analyses, particularly in times of economic downturns, where the balance […]
Inheritance Tax
Inheritance Tax: A prominent political leader of India’s opposition party has expressed interest in the proposed legislation on Inheritance Tax. There has been a lot of discussion about using inheritance tax as a tool for redistribution of wealth to address Income Inequality in India. Inheritance tax is a tax paid for inheriting a property or […]
Bima Vistaar : IRDAI
Bima Vistaar : IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to price Bima Vistaar, its ambitious all-in-one affordable insurance mass product aimed at the rural areas of the country, at Rs 1,500 per policy. Bima Vistar, which is part of the Bima Trinity. The first-of-its-kind all-in-one affordable insurance product, Bima […]
IREDA Get Navratna Status
IREDA Get Navratna Status: IREDA (Indian Renewable Energy Development Agency), the financing agency for Renewable projects in India, was conferred with ‘Navratna status’ by the Department of Public Enterprises (Ministry of Finance) IREDA is under the administrative control of the Ministry of New and Renewable Energy. It was established as a Non-Banking Financial Institution in […]
National Centre For Good Governance : MoU
National Centre For Good Governance : MoU A delegation from India visited Bangladesh for bilateral discussions on renewing the Memorandum of Understanding (MoU) between India’s National Centre for Good Governance (NCGG) and Bangladesh’s Ministry of Public Administration. The primary agenda of the visit is to negotiate the renewal of the MoU for the period 2024-2029, […]
Inflation Expectations Survey Of Households And Consumer Confidence Survey : RBI
Inflation Expectations Survey Of Households And Consumer Confidence Survey : RBI The Reserve Bank of India (RBI) recently announced the launch of ‘Inflation Expectations Survey of Households’ and ‘Consumer Confidence Survey’. Inflation Expectations Survey of Households’ and ‘Consumer Confidence Survey’ are launched by the Reserve Bank of India (RBI). They will provide useful inputs for […]
Authorised Economic Operator (AEO) Status
Authorised Economic Operator (AEO) Status: The Ministry of Finance has granted Authorised Economic Operator (AEO) status to the gem and jewellery sector, as part of efforts to promote ease of doing business. Asian Star, a leading diamond and diamond jewellery manufacturer, became the first in the industry to receive AEO status. Authorised Economic Operator (AEO) […]
India’s Forex Reserves Drop
India’s Forex Reserves Drop: India’s forex reserves fell by USD 2.282 billion to USD 640.334 billion in the week ending 19th April 2024, as per the Reserve Bank of India (RBI). Foreign currency assets decreased by USD 3.793 billion to USD 560.86 billion. Gold reserves increased by USD 1.01 billion to USD 56.808 billion. Special […]
Asset Reconstruction Companies : RBI
Asset Reconstruction Companies : RBI The Reserve Bank of India (RBI) recently released a master direction for Asset Reconstruction Companies (ARCs). Asset Reconstruction Companies (ARCs) is a specialized financial institution that purchases the bad debts of a bank at a mutually agreed value and attempts to recover those debts or associated securities by itself. They […]
