Source-This post on SEBI Index Providers Regulations, 2024 is based on the article “Sebi mandates registration of index providers under regulatory fold” published in “Business Standard” on 10th March 2024. Why in the News? The Securities and Exchange Board of India (SEBI), in its latest regulations, has mandated index providers overseeing “significant indices” linked to… Continue reading SEBI Index Providers Regulations, 2024
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.
New digital competition law proposed to regulate Big Tech
Source-This post on New digital competition law proposed to regulate Big Tech is based on the article “Panel recommends law to regulate Big Tech firms” published in “The Hindu” on 13th March 2024. Why in the News? The Committee on Digital Competition Law, in its report, has recommended legislation to regulate the market power of… Continue reading New digital competition law proposed to regulate Big Tech
Sponge Iron
Source-This post on sponge iron has been created based on the article “‘Ore shortage’ hitting steel production, says sponge iron industry, seeks ban on exports” published in “Bussiness news” on 8 March 2024. Why in the news? The sponge iron industry held that an Ore shortage is hitting steel production. About sponge iron 1. About: i)… Continue reading Sponge Iron
India-EFTA trade deal
Source-This post on India-EFTA trade deal has been created based on the article “India signs trade agreement with EFTA: Why it marks a shift, could be a template for bigger deals” published in “The Indian Express” on 11 March 2024. Why in the news? India has recently signed a free trade agreement (FTA) with four… Continue reading India-EFTA trade deal
World Poverty Clock: Key findings
Source-This post on World Poverty Clock: Key findings is based on the article “Less than 3% of India’s population now living under extreme poverty: World Poverty Clock” published in “The Hindu Businessline” on 2nd March 2024. Why in the News? According to recent data from the World Poverty Clock, India has made significant progress in… Continue reading World Poverty Clock: Key findings
National Electronic Funds Transfer (NEFT)
Source-This post on National Electronic Funds Transfer (NEFT) is based on the article “NEFT records 4.1 cr transactions on Feb 29, highest single-day volume” published in “Economic Times” on 1st March 2024. Why in the News? National Electronic Funds Transfer (NEFT) reported its highest-ever daily number of transactions at 4.10 crore on February 29, 2024. About… Continue reading National Electronic Funds Transfer (NEFT)
Non-lapsable defence modernisation fund
Source-This post on Non-lapsable defence modernisation fund is based on the article “Non-lapsable Defence Modernisation Fund off govt. agenda for now” published in “The Hindu” on 3rd March 2024. Why in the News? The government has abandoned the proposal to establish a Non-lapsable Defense Modernization Fund, citing drawbacks related to its impact on parliamentary scrutiny… Continue reading Non-lapsable defence modernisation fund
T V Somanathan committee to finalise KYC Rules
Source-This post on T V Somanathan committee to finalize KYC Rules is based on the article “Govt forms panel headed by T V Somanathan to finalise uniform KYC norms” published in “Business Standard” on 26th February 2024. Why in the News? The government has recently established an expert committee under Finance Secretary T V Somanathan… Continue reading T V Somanathan committee to finalise KYC Rules
Banihal-Sangaldan railway line
Source-This post on Banihal-Sangaldan railway line is based on the article “PM Modi flags off railway project in Jammu and Kashmir: Route, challenges, benefits” published in “The Indian Express” on 27th February 2024. Why in the News? PM Narendra Modi recently inaugurated the Banihal-Sangaldan section of the railway line which aims to connect Baramulla in… Continue reading Banihal-Sangaldan railway line
Sale of Potash derived from molasses (PDM) to fertiliser farms
Source-This post on Potash derived from molasses (PDM) is based on the article “Sugar mills can now sell potash derived from molasses (PDM) to fertiliser farms” published in “Live mint” on 23rd February 2024. Why in the News? The government has allowed sugar mills to sell potash from molasses (PDM) to fertilizer companies. This assists… Continue reading Sale of Potash derived from molasses (PDM) to fertiliser farms
