Source-This post on Digital Payments Intelligence Platform has been created based on the article “Digital payments intelligence platform soon to curb fraud” published in “The Hindu” on 7 June 2024. Why in News? With the rise in digital payment scams, there is a growing need for a collective approach to prevent and manage these issues. Considering the… Continue reading Digital Payments Intelligence Platform
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
Preston Curve
Source – This post on Preston Curve has been created based on the article “What does the Preston curve postulate?” published in “The Hindu” on 4 June 2024. Why in News? It has been observed that with the increasing per capita income in India, there has been a shift in attention towards Preston curve which was… Continue reading Preston Curve
Syndicated lending
Source-This post on Syndicated lending has been created based on the article “Shriram Finance raises multi-currency loan of $468 million via ECB” published in “The Hindu” on 3 June 2024. Why in the news? Shriram Finance Ltd. has recently announced it raised $425 million and EUR 40 million through a syndicated term loan. The funds… Continue reading Syndicated lending
RBI Self-Regulatory Organization Framework for FinTech Firms
Source- This post on RBI Self-Regulatory Organization Framework for FinTech Firms has been created based on the article “RBI specifies framework for SRO for FinTech firms” published in “The Hindu” on 31 May 2024. Why in News? Recently, The Reserve Bank of India (RBI) has introduced a new framework for the recognition of a Self-Regulatory Organization (SRO) for fintech… Continue reading RBI Self-Regulatory Organization Framework for FinTech Firms
How India’s major stock indices work
Source-This post on How India’s major stock indices work has been created based on the article “Adani Ports to enter Sensex: how India’s major stock indices work” published in “Indian Express” on 27 May 2024. Why in News? The Sensex at the Bombay Stock Exchange will include Adani Ports and Special Economic Zone Ltd (APSEZ)… Continue reading How India’s major stock indices work
India’s Trade Deficit in 2023-24
Source-This post on India’s Trade Deficit in 2023-24 has been created based on the article “India records trade deficit with 9 of top 10 trading partners in 2023-24” published in “The Hindu” on 27 May 2024. Why in News? According to the recently released official data, India recorded a trade deficit with nine of its… Continue reading India’s Trade Deficit in 2023-24
Economic Capital Framework
Source-This post on RBI to Transfer ₹2,10,874 Crore Surplus to Centre for FY24 has been created based on the article “RBI to transfer ₹2,10,874 cr. surplus to Centre for FY24” published in “The Hindu” on 23 May 2024. Why in News? Recently, the Reserve Bank of India’s board approved the transfer of a record ₹2,10,874 crore surplus… Continue reading Economic Capital Framework
RBI’s Proposed Framework for Project Financing
Source-This post on RBI’s Proposed Framework for Project Financing has been created based on the article “RBI’s proposed framework to administer project financing” published in “The Hindu” on 23 May 2024. Why in News? Recently the RBI released draft regulations for consultation to enhance the regulatory framework for financing projects with long gestation periods in infrastructure,… Continue reading RBI’s Proposed Framework for Project Financing
Bond buyback
Source-This post on Bond buyback has been created based on the article “RBI announces reduction in the quantum of the government’s treasury bill sales” published in “The Economic times” on 20 May 2024. Why in News? The Reserve Bank of India (RBI) has addressed the tight liquidity in the banking system by significantly lowering the government’s… Continue reading Bond buyback
India’s Irradiation Technology for Onions
Source-This post on India’s Irradiation Technology for Onions is based on the article “Government-backed irradiation initiative aims to save onion harvest” published in “LiveMint” on 17th May 2024. Why in the News?” India is piloting an innovative technology called irradiation, to extend the shelf life of onions and reduce post-harvest losses. About Irradiation: a) Irradiation facilities are… Continue reading India’s Irradiation Technology for Onions
