Category: Economics Current Affairs

Festival Of Innovation And Entrepreneurship (FINE) 2023: The Festival of Innovation and Entrepreneurship (FINE) 2023, organized by the National Innovation Foundation, discussed ways to raise the profile of India’s innovation and entrepreneurship eco-system, which is inclusive, the third largest in the world, and an inspiration to many countries National Innovation Foundation was founded in  2000. […]

Dabba Trading : NSE National Stock Exchange (NSE) issued a string of notices naming entities involved in “dabba trading”. Dabba Trading is a form of informal trading that takes place outside the purview of the stock exchanges. In this practice, traders bet on stock price movements without incurring a real transaction to take physical ownership […]

India’s Retail Inflation Rate: India’s retail inflation rate declined to 5.66%, below the Reserve Bank of India’s (RBI) upper target of 6% in March 2023, primarily due to a decrease in food prices, especially for vegetables. Core inflation, which excludes food and fuel prices, was at 5.95% in March, down from 6.12% in February. The […]

National Career Service Portal: Around 35.7 lakh vacancies have been reported by employers on the National Career Service portal during the year 2022-23 compared to around 13 lakh vacancies in 2021- 22. National Career Service portal is one of the mission-mode projects under the umbrella of the E-Governance Plan. It was launched in the year […]

Debt Relief For a Green And Inclusive Recovery: Reports by Debt Relief for a Green and Inclusive Recovery (DRGR) show that the debt of emerging markets & developing economies rose by 178% from 2008-2022. Reports findings: – The sovereign debt of emerging markets and developing economies (EDME) increased by 178 per cent, from $1.4 trillion […]

UN Democracy Fund: The UN Democracy Fund extended support for NGOs funded by George Soros, who is on a watchlist in India. The UNDEF was established in 2005 with an initial contribution of $10 million each from the United States and India. In 2005, India’s then PM, Manmohan Singh, and US President George W. Bush […]

REITs And InvITs Index: NSE Indices Ltd, a subsidiary of the National Stock Exchange (NSE), launched India’s first-ever Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) Index The new index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE. The index will be reviewed […]

State Development Loans: Four states raised Rs 5,800 crore through state development loans (SDL) auction — about one-fourth of the amount 15 state governments intended to raise in the upcoming days. State Development Loans are dated securities issued by states for meeting their market borrowings requirements. Purpose is to meet the budgetary needs of state […]

Cost Inflation Index : Current Fiscal Year The Income Tax Department has notified the Cost Inflation Index for the current fiscal beginning April 2023. The Cost Inflation Index number for the current fiscal year 2023-24 is 348 as per a notification of the Central Board of Direct Taxes (CBDT). Cost Inflation Index is notified under […]

Earth4All Initiative: Earth4All Initiative predicted the world’s human population Findings: The researchers advance two scenarios: Too Little, Too Late: predicts that if economic development continues as it has in the last five decades, the world’s population would peak at 8.6 billion in 2050, and decline to 7 billion by 2100. The Giant Leap: the researchers […]