Source- This post on Shrinkflation is based on the article “Shrinkflation makes its way back into FMCG“ published in “The Financial Express” on 15th April 2024. Why in the News? Recently, an increasing trend of shrinkflation has been observed in the Indian FMCG industry. About Shrinkflation 1. About: Shrinkflation is a combination of two words… Continue reading Shrinkflation
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 and Mauritius amend Double Taxation Avoidance Agreement (DTAA)
Source-This post on India and Mauritius amend their Double Taxation Avoidance Agreement (DTAA) has been created based on the article “India, Mauritius revise tax treaty, aim to plug evasion” published in “The Indian Express” on 12 April 2024. Why in the news? Recently, India and Mauritius have amended their Double Taxation Avoidance Agreement (DTAA). About… Continue reading India and Mauritius amend Double Taxation Avoidance Agreement (DTAA)
How Interest Rates in US impacts India
Source- This post on How Interest Rates in US impacts India has been created based on the article “India to face most impact if high U.S. interest rates persist” published in “The Hindu” on 12 April 2024. Why in the news? The US Federal Reserve has decided to hike interest rates that will impact the… Continue reading How Interest Rates in US impacts India
CDP-SURAKSHA
Source-This post on CDP-SURAKSHA has been created based on the article “What is CDP-SURAKSHA, govt’s new digital platform to disburse subsidies to horticulture farmers?” published in “The Indian Express” on 10 April 2024. Why in the news? Indian government has launched a new platform CDP-SURAKSHA. This platform will be employed for disbursing subsidies to horticulture… Continue reading CDP-SURAKSHA
Funding Winter
Source– This post on Funding Winter has been created based on the article “Bets from big global VC firms fall 80% in India in 2023 amid funding winter” published in “The Business Standards” on 9 April 2024. Why in the news? Investments from large foreign investors in Indian startups has declined by 80% in 2023.… Continue reading Funding Winter
Electronic Trading Platforms (ETP)
Source– This post on Electronic Trading Platforms (ETP) is based on the article “Unauthorised FX platforms: Need enhanced vigilance by banks” published in “The Hindu” on 9th April 2024. Why in the News? Reserve Bank of India (RBI) Governor has raised concerns over unauthorised Electronic Trading Platforms (such as forex trading platforms) and has asked… Continue reading Electronic Trading Platforms (ETP)
NBFC co lending book
Source– This post on NBFC co lending is based on the article “NBFCs’ co-lending book set to touch Rs 1 lakh crore’” published in “The Indian express” on 9th April 2024. Why in the News? The co-lending book of non-banking finance companies (NBFCs) is projected to hit Rs one lakh crore by June 2024 as per CRISIL Ratings.… Continue reading NBFC co lending book
RBI proposed two new UPI features
Source-This post on RBI proposed two new UPI features is based on the article “RBI introduces two new UPI features! From cash deposit to PPI wallet interoperability” published in “The Times of India” on 5th April 2024. Why in the News? RBI recently announced two new features for Unified Payments Interface (UPI) users, aiming to… Continue reading RBI proposed two new UPI features
Exchange traded currency derivatives (ETCD) norms
Source-This post on Exchange traded currency derivatives (ETCD) norms is based on the article “RBI defers exchange traded currency derivatives norms” published in “The Indian Express” on 5th April 2024. Why in the News? Recently, the RBI postponed its new norms for the exchange-traded currency derivatives (ETCD) market from April 5 to May 3. Exchange… Continue reading Exchange traded currency derivatives (ETCD) norms
Shrimp farming in India
Source– This post on Shrimp farming in India is based on the article “India dismisses allegations of abusive conditions at shrimp farms” published in “The Hindu” on 4th April 2024. Why in the News? Recently, a human rights organization based in Chicago has accused India of human rights and environmental violations in the shrimp farming… Continue reading Shrimp farming in India
