Category: Economics Current Affairs

Stablecoins: The United States Congress recently made an attempt to create a legislative framework for the increasingly popular stablecoins. Stablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument. Stablecoins aim to provide an alternative to the high volatility of the most popular cryptocurrencies, including Bitcoin (BTC). […]

Solar Energy Corporation Of India Limited: The Solar Energy Corporation of India Limited (SECI) has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) Solar Energy Corporation of India is the primary implementing agency of the Ministry of New and Renewable Energy, Govt. of India for Renewable Energy schemes/projects. It was established […]

Unified Portal Of The Central Bureau Of Narcotics: The Unified Portal of the Central Bureau of Narcotics was launched recently. Central Bureau of Narcotics is a central government organization dealing with the international trade of Narcotic Drugs, Psychotropic Substances, and Precursor Chemicals under the ambit of various United Nations Conventions and the provisions of the […]

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 […]