India has one of the highest unemployment rates in women
News: According to the OECD Economic Survey of India report, India is one of the worst countries for working women. Facts: According to the report, India has the largest difference …
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India set to make modest recovery on reforms: OECD
News:The Organisation for Economic Co-operation and Development(OECD) has released its Economic Survey of India report. Facts: Report on GDP growth: The report has projected GDP growth in the current fiscal …
Read MoreExplained: Why the RBI refused to cut interest rates
News:The Monetary Policy Committee(MPC) of the Reserve Bank of India has decided to keep the repo rate unchanged at 5.15% in its fifth bi-monthly monetary policy statement. Facts: Issues before …
Read MoreRBI lays down guidelines for payments banks’ SFB licence
News:The Reserve Bank of India has released final Guidelines for the ‘on tap’ Licencing for Small Finance Banks(SFBs). Facts: About the Guidelines for ‘on-tap’ Licencing: The minimum paid-up voting equity …
Read MoreIndia’s forex reserves cross $450 billion for the first time
News:India’s foreign exchange reserves have crossed the $450-billion mark for the first time. Facts: Why has the reserves increased? The foreign exchange reserves have increased due to strong inflows which …
Read MoreCabinet approves launch of Bharat Bond Exchange Traded Fund
News:The Union Cabinet has approved the launch of India’s first corporate bond Bharat Bond exchange-traded funds(ETF). Facts: About Bharat Bond ETF: Bharat Bond ETF would be the first corporate Bond …
Read MoreDevelopment of Special Economic Zones(SEZs)
News:Minister of Commerce and Industry has informed Lok Sabha about the Special Economic Zones Act,2005. Facts: What are Special Economic Zones(SEZs): Special Economic Zone (SEZ) is a specifically delineated duty-free …
Read MoreExplained: What is GDP and why it matters
News:Recently,due to a decline in India’s Gross Domestic Product(GDP) growth rate,the ruling party has questioned the merit of the basic variable used to map economic growth that is, the GDP. …
Read MoreGST Council rings first alarm bells on revenue
News:The GST Council has written to states telling them that the GST and compensation cess collections are unlikely to be met this year. Facts: About GST Compensation Cess: A cess …
Read MoreTo track economic offenders, India to collate e-database
News:The Central Government is preparing a comprehensive database of economic offenders called the National Economic Offence Records(NEOR). Facts: About National Economic Offence Records(NEOR): The National Economic Offence Records(NEOR) will be …
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