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Duty-Free Tariff Preference (DFTP) Scheme

Duty-Free Tariff Preference (DFTP) Scheme: The World Trade Organization credits India’s Duty-Free Tariff Preference (DFTP) scheme for boosting exports from the poorest nations It was initiated in 2008 and offers Least Developed Countries (LDCs) preferential access to the Indian market. The DFTP scheme aims to boost LDCs’ economic growth, diversify exports, and strengthen trade The […]

Network Survey Vehicle

Network Survey Vehicle: The National Highway Authority of India (NHAI) has announced that it will deploy Network Survey Vehicles (NSVs) in 23 states. Network Survey Vehicle is a specialized infrastructure management tool comprising vehicles equipped with advanced sensors and data acquisition systems. These vehicles systematically collect data on road inventory and condition of National Highways. […]

India’s Western Ghats, under the significant concern

India’s Western Ghats, under the significant concern: The IUCN World Heritage Outlook 4 has placed India’s Western Ghats, under the “significant concern” category due to threats like climate change, unregulated tourism, and invasive species.The Western Ghats, also known as the Sahyadri Hills, are a north–south mountain range forming the crest of the western edge of […]

Flipkart and Pine Labs have launched the Flipkart Bharat Yatra Card

Flipkart and Pine Labs have launched the Flipkart Bharat Yatra Card: Flipkart, India’s leading e-commerce company, has partnered with fintech firm Pine Labs to introduce the Flipkart Bharat Yatra Card — a new digital prepaid card that makes paying for public transport faster and easier. Designed to work with India’s National Common Mobility Card (NCMC) […]

RBI Removes ₹10,000 Crore Lending Limit on Individual Corporate Borrowers

RBI Removes ₹10,000 Crore Lending Limit on Individual Corporate Borrowers: The Reserve Bank of India (RBI) has withdrawn a 2016 circular that limited how much the banking system could collectively lend to a single large corporate borrower. This move marks a step towards liberalising bank lending norms while still maintaining safeguards against concentration risk through […]