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
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.
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
India International Bullion Exchange (IIBX)
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)
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
