Source-This post on India International Bullion Exchange (IIBX) is based on the article “SBI is 1st bank as trading-clearing member of IIBX” published in “The Times of India” on 14th May 2024. Why in the News? State Bank of India (SBI) has become the first trading-cum-clearing member of the India International Bullion Exchange (IIBX) located… Continue reading India International Bullion Exchange (IIBX)
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.
India Volatility Index (VIX)
Source: This post on India Volatility Index VIX is based on the article “India VIX Index rallies: What does market volatility mean for investors?” published in “The Indian Express” on 14th May 2024. Why in the News? Recent, surge in the India VIX reflects the anticipated near-term volatility in the market. About Volatility Index (VIX)… Continue reading India Volatility Index (VIX)
Arecanut
Source– This post on Arecanut has been created based on the article “Tirthahalli areca emerges best variety among nuts grown in Karnataka” published in “The Hindu” on 4 May 2024. Why in the news? The arecanut grown in the Tirthahalli region has found to be the highest quality among all the varieties grown in Karnataka.… Continue reading Arecanut
India VIX
Source-This post on India VIX is based on the article “India VIX jumps above 16.5 amid election-led volatility; experts advise caution on leveraged positions” published in “Money Control” on 8th May 2024. Why in the News? India VIX has risen above 16.5 due to volatility driven by elections. In this regard, experts have recommend exercising caution with… Continue reading India VIX
Nifty Non-Cyclical Consumer Index Fund
Source-This post on Nifty Non-Cyclical Consumer Index Fund is based on the article “Groww Mutual Fund launches Nifty Non-Cyclical Consumer Index Fund” published in “The Economic Times” on 7th May 2024. Why in the News? Groww Mutual Fund has recently introduced India’s First Nifty Non-Cyclical Consumer Index Fund. About Nifty Non-Cyclical Consumer Index Fund Aspects… Continue reading Nifty Non-Cyclical Consumer Index Fund
Drip pricing
Source-This post on Drip Pricing is based on the article “Centre issues warning against ‘drip pricing’. What is it?” published in “Hindustan Times” on 8th May 2024. Why in the News? Consumers often faces drip pricing while purchasing any commodities or services. Considering this, the Department of Consumer Affairs asked consumers to reach out to the… Continue reading Drip pricing
Delisting of shares
Source-This post on Delisting of shares is based on the article “Why is a Reliance Capital Ltd investor challenging its resolution plan?” published in “The Indian Express” on 6th May 2024. Why in the News? Recently, an investor in Reliance Capital Ltd (RCL), which is undergoing insolvency proceedings, has challenged specific regulations related to SEBI’s norms… Continue reading Delisting of shares
Swing trading
Source-This post on Swing trading is based on the article “Explained: What is swing trading” published in “The India Today” on 6th May 2024. Why in the News? The stock market has experienced significant volatility recently due to the ongoing Lok Sabha elections. Amidst these ups and downs, swing trading has become a popular topic… Continue reading Swing trading
Standalone Primary Dealers to borrow in foreign currency
Source-This post on Standalone Primary Dealers to borrow in foreign currency has been created based on the article “Standalone Primary Dealers to borrow in foreign currency ” published in “Business Standard” on 4 May 2024. Why in the news? The Reserve Bank of India (RBI) has recently allowed standalone primary dealers (SPDs) to borrow in… Continue reading Standalone Primary Dealers to borrow in foreign currency
Bima Vistaar
Source-This post on Bima Vistaar is based on the article “All-in-one insurance product: Irdai prices Bima Vistaar at Rs 1,500 per policy” published in “The Indian Express” on 3rd May 2024. Why in the News? The Insurance Regulatory and Development Authority of India (Irdai) has proposed Bima Vistaar. Bima Vistaar is an ambitious all-in-one affordable mass… Continue reading Bima Vistaar
