Source: The post is based on the article “Transport Minister mentions tax on diesel vehicles: Why is diesel under pressure?” published in Indian Express on 12th September 2023 Contents1 What is the News?2 How much percentage of India’s transport vehicles use diesel?3 Why have carmakers started to move away from diesel?4 What is the reason… Continue reading Transport Minister mentions tax on diesel vehicles: Why is diesel under pressure?
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.
IICA and UNICEF jointly organize workshop on Business Responsibility and Sustainability Reporting(BRSR)
Source: The post is based on the article “IICA and UNICEF jointly organize workshop on Business Responsibility and Sustainability Reporting(BRSR)” published in PIB on 12th September 2023 Contents1 What is the News?2 What is the Business Responsibility and Sustainability Reporting (BRSR) framework?3 What are the strengths of BRSR Framework?4 What are the weaknesses of BRSR… Continue reading IICA and UNICEF jointly organize workshop on Business Responsibility and Sustainability Reporting(BRSR)
Rice sowing area surpasses 400 lakh hectares marks
Source: The post is based on the article “Rice sowing area surpasses 400 lakh hectares marks” published in PIB on 12th September 2023 What is the News? The Department of Agriculture and Farmers’ Welfare has released the progress of area coverage under kharif crops. What are the key takeaways from the data on Kharif Crops?… Continue reading Rice sowing area surpasses 400 lakh hectares marks
Why the RBI has proposed setting-up a Self Regulatory Organisation for fintechs
Source: The post is based on the article “Why the RBI has proposed setting-up a Self Regulatory Organisation for fintechs” published in Indian Express on 8th September 2023 Contents1 What is the News?2 What are Self-Regulatory Organizations (SROs)?3 What is the need for an SRO?4 What are the functions of SRO?5 What are the advantages… Continue reading Why the RBI has proposed setting-up a Self Regulatory Organisation for fintechs
Thali economics: How food inflation is pinching vegetarian households more, why September promises some respite
Source: The post is based on the article “Thali economics: How food inflation is pinching vegetarian households more, why September promises some respite” published in Indian Express on 9th September 2023 Contents1 What is the News?2 What is a thali meal and how are its costs calculated?3 What led to the rise in prices of… Continue reading Thali economics: How food inflation is pinching vegetarian households more, why September promises some respite
RBI decides to discontinue I-CRR in a phased manner
Source: The post is based on the article “RBI decides to discontinue I-CRR in a phased manner” published in The Hindu on 9th September 2023 What is the News? The Reserve Bank of India (RBI) has announced that it would discontinue the incremental cash reserve ratio (I-CRR) in a phased manner. What is the Incremental… Continue reading RBI decides to discontinue I-CRR in a phased manner
A blanket ban on crypto hard to implement: Report
Source: The post is based on the article “A blanket ban on crypto hard to implement: Report” published in Livemint on 8th September 2023 What is the News? The International Monetary Fund(IMF) and the Financial Stability Board (FSB) have released advanced policy and regulatory recommendations to identify and respond to macroeconomic and financial stability risks… Continue reading A blanket ban on crypto hard to implement: Report
UPI QR Code-Central Bank Digital Currency interoperability: How does it work and how do customers benefit?
Source: The post is based on the article “UPI QR Code-Central Bank Digital Currency interoperability: How does it work and how do customers benefit?” published in Indian Express on 6th September 2023 Contents1 What is the News?2 What is Interoperability?3 What is QR Code?4 What is UPI QR code-CBDC interoperability?5 How will this benefit customers… Continue reading UPI QR Code-Central Bank Digital Currency interoperability: How does it work and how do customers benefit?
FM flags threats to financial system from crypto, tax havens
Source: The post is based on the article “FM flags threats to financial system from crypto, tax havens” published in The Hindu on 6th September 2023 What is the News? The Finance Minister has addressed the delegates at the Global Fintech Fest (GFF) 2023 being held in Mumbai. What are the key highlights from the… Continue reading FM flags threats to financial system from crypto, tax havens
As UPI crosses 10 billion transactions-mark, a look at India’s key foreign policy sell: Digital public infra
Source: The post is based on the article “As UPI crosses 10 billion transactions-mark, a look at India’s key foreign policy sell: Digital public infra” published in Indian Express on 4th September 2023 Contents1 What is the News?2 What is Digital public infrastructure(DPI)?3 What is India’s Digital public infrastructure (DPI)?4 How is India Stack part… Continue reading As UPI crosses 10 billion transactions-mark, a look at India’s key foreign policy sell: Digital public infra
