Category: Economics Current Affairs

Zepto Becomes World’s Second Most Downloaded Food & Drink App: Zepto, the Indian quick commerce startup, has emerged as the second most downloaded app globally in the food and drinks category, according to a recent report by Sensor Tower. The rankings place Zepto ahead of global giants like KFC and Domino’s, with McDonald’s securing the […]

Kerala Secures Rs 2,424 cr World Bank Loan to Strengthen Healthcare System: The Kerala government has approved the Kerala Health System Improvement Programme (KHSIP). The project will be implemented with financial assistance of ₹2,424.28 crore from the World Bank under the Programme for Results (P for R) model.The state Cabinet, chaired by Chief Minister Pinarayi […]

Trickle-Down vs. Trickle-Up Approach: Jasmine Shah’s book, The Delhi Model highlights Delhi’s trickle-up economics, contrasting it with India’s traditional trickle-down approach. Trickle-Down Economics: Focuses on wealth accumulation at the top, assuming benefits will gradually reach lower income groups. Prioritizes corporate tax cuts, subsidies for big businesses, and deregulation. E.g. India’s corporate tax cuts (2019) reduced […]

India’s gold investments soared by 60% to $18 billion: India witnessed a remarkable 60% surge in gold investments, reaching $18 billion (approximately ₹1.5 lakh crore), as per a report by the World Gold Council (WGC). This increase was driven by rising gold prices, reduced import duties, and heightened demand during festive seasons. India’s gold investment […]

South Indian Bank Unveils Startup Current Accounts for Entrepreneurs: South Indian Bank (SIB) has taken a significant step to support the rapidly growing startup ecosystem in India. The bank has introduced two specialized startup current account products, namely the SIB Business Startup Current Account and SIB Corporate Startup Current Account, both designed to cater to […]

Jevons Paradox: The Jevons Paradox has resurfaced in economic discussions after the DeepSeek AI launch led to a selloff in global tech stocks, raising concerns over AI chip demand. Jevons Paradox states that when a resource becomes more efficient and cheaper to use, overall consumption increases instead of decreasing. Proposed by William Stanley Jevons in […]

Debt-to-GDP Ratio: The Union Government has announced a shift from fiscal deficit to debt-to-GDP ratio as the primary fiscal anchor from FY 2026-27, targeting a 50±1% ratio by 2031. Debt-to-GDP Ratio represents the proportion of a country’s total debt to its GDP, indicating economic stability and repayment capacity.A higher ratio signals increased risk of default […]

Ujjivan Small Finance Bank Seeks Universal Banking Licence: Ujjivan Small Finance Bank (USFB) has applied for a universal banking licence, a major milestone in its journey from a small finance bank to a full-fledged commercial bank. This move aligns with the bank’s strategy to expand its financial services, increase regulatory flexibility, and strengthen its position […]

India’s economy is expected to grow at 6.5% in FY26 : CRISIL India’s economy is projected to grow at a rate of 6.5% in FY26, slightly improving from the 6.4% growth forecasted for the current fiscal year (FY25). Crisil’s report highlights several factors driving this growth, including lower inflation, expected rate cuts by the Reserve […]

Fall In Indian Rupee: The Indian rupee is falling continuously against the US dollar, hitting a record low due to US President new tariffs on imports from China, Mexico, and Canada.The exchange rate is the value of one currency in terms of another, determining how much domestic currency is needed to buy one unit of […]