INDEX of Eight CORE INDUSTRIES Context: • The combined Index of Eight Core Industries stood at 143.2 in April 2022, which is an increased of 8.4 per cent (provisional) as compared to the Index of April 2021. What are the Core Industries? […]
Investment Incentive Agreement Context: The Government of India and the Government of the United States of America have signed an Investment Incentive Agreement (IIA) recently at Tokyo, Japan. About: The Investment Incentive Agreement agreed between the governments of India and the United States of […]
An Insight Into India’s Ethanol Blending Policy Context: The Union Cabinet on Wednesday approved amendments to the National Policy on Biofuels, 2018, to advance the date by which fuel companies have to increase the percentage of ethanol in petrol to 20%, from 2030 to 2025. […]
The State of Inequality in India Report Context: The State of Inequality in India Report was released today by Dr Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM). The report has been written by the Institute for Competitiveness and presents a holistic analysis of the depth […]
Ethanol Blending Context: The Union Cabinet on Wednesday approved amendments to the National Policy on Biofuels, 2018, to advance the date by which fuel companies have to increase the percentage of ethanol in petrol to 20%, from 2030 to 2025. The policy of introducing 20% […]
Controlling Inflation Context: The recent action of the Reserve Bank of India (RBI) to raise the repo rate by 40 basis points and cash reserve ratio (CRR) by 50 basis points is a recognition of the serious situation with respect to inflation in our country […]
Front-Running Context: • Axis Asset Management Company, which manages assets worth Rs 259,818 crore, suspended two fund managers recently for various irregularities, including front-running the AMC’s transactions on their personal accounts. What is Front Running? • In India, front-running is defined as the purchase of […]
India’s Pharma Exports Context: Indian pharma exports witnessed a growth of 103% since 2013-14, from Rs. 90, 415 Crores in 2013-14 to Rs. 1,83,422 Crores in 2021-22. The exports achieved in 2021-22 is the Pharma Sector’ best export performance ever. Background: In the worldwide pharmaceuticals […]
Palm Oil Exports from Indonesia Context: • Indonesia, the world’s biggest producer of palm oil, would be banning all exports of the commodity to reduce domestic shortages of cooking oil and bring down its skyrocketing prices. Background: • According to the United States Department […]