Indian Economy Current Affairs Updates for UPSC IAS Prelims 2024 Examination
On this page you will find all the updates related to the subject Indian Economy Current Affairs for UPSC IAS Prelims 2024 examination.
SEBI tightens norms on financial influencers
Source- This post on “SEBI tightens norms on financial influencers” is based on the article “SEBI tightens norms on financial influencers, eases rules for delisting” published in “The Hindu” on 28th June 2024. Why in News? SEBI which is India’s markets regulator has asked the brokers and mutual funds to stop using the services of… Continue reading SEBI tightens norms on financial influencers
Impact of prolonged exposure to pollutants from coal mining
Source– This post on the Impact of prolonged exposure to pollutants from coal mining has been created based on the article “Prolonged exposure to coal mining causes respiratory, skin diseases in workers: study” published in “The Hindu” on 27 June 2024. Why in the news? A survey of 1,200 households conducted by the National Foundation for… Continue reading Impact of prolonged exposure to pollutants from coal mining
India’s Economic Growth and challenges
Source– This post on India’s economic growth and challenges has been created based on the article “India as third-largest economy: It’s quality of jobs that will determine quality of life” published in “Indian Express” on 27th June 2024. Why in the news? Recently, the IMF projected that India is on track to surpass Japan to… Continue reading India’s Economic Growth and challenges
Direct Seeding of Rice
Source-This post on Direct Seeding of Rice has been created based on the article “Why direct seeding of rice (DSR) is yet to pick up in Punjab” published in “The Indian Express” on 18 June 2024. Why in the news? The Punjab government has been actively promoting the DSR or ‘tar-wattar‘ technique for rice cultivation.… Continue reading Direct Seeding of Rice
MD2 Pineapple
Source– This post on MD2 Pineapple is based on the article “APEDA facilitates first Consignment of MD 2 Pineapples from India to UAE” published in “PIB” on 14th June 2024. Why in the News? The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the successful export of the first consignment of MD 2… Continue reading MD2 Pineapple
Household Consumption Expenditure Survey (HCES) Report
Source-This post on HCES Report has been created based on the article “Consumption inequality up in rural areas of 11 states in past decade: HCES” published in “Livemint” on 10 June 2024. Why in News? Recently, the Household Consumption Expenditure Survey (HCES), released its report. It showed that consumption inequality increased in rural areas of 11 states… Continue reading Household Consumption Expenditure Survey (HCES) Report
Digital Payments Intelligence Platform
Source-This post on Digital Payments Intelligence Platform has been created based on the article “Digital payments intelligence platform soon to curb fraud” published in “The Hindu” on 7 June 2024. Why in News? With the rise in digital payment scams, there is a growing need for a collective approach to prevent and manage these issues. Considering the… Continue reading Digital Payments Intelligence Platform
Preston Curve
Source – This post on Preston Curve has been created based on the article “What does the Preston curve postulate?” published in “The Hindu” on 4 June 2024. Why in News? It has been observed that with the increasing per capita income in India, there has been a shift in attention towards Preston curve which was… Continue reading Preston Curve
Syndicated lending
Source-This post on Syndicated lending has been created based on the article “Shriram Finance raises multi-currency loan of $468 million via ECB” published in “The Hindu” on 3 June 2024. Why in the news? Shriram Finance Ltd. has recently announced it raised $425 million and EUR 40 million through a syndicated term loan. The funds… Continue reading Syndicated lending
RBI Self-Regulatory Organization Framework for FinTech Firms
Source- This post on RBI Self-Regulatory Organization Framework for FinTech Firms has been created based on the article “RBI specifies framework for SRO for FinTech firms” published in “The Hindu” on 31 May 2024. Why in News? Recently, The Reserve Bank of India (RBI) has introduced a new framework for the recognition of a Self-Regulatory Organization (SRO) for fintech… Continue reading RBI Self-Regulatory Organization Framework for FinTech Firms
How India’s major stock indices work
Source-This post on How India’s major stock indices work has been created based on the article “Adani Ports to enter Sensex: how India’s major stock indices work” published in “Indian Express” on 27 May 2024. Why in News? The Sensex at the Bombay Stock Exchange will include Adani Ports and Special Economic Zone Ltd (APSEZ)… Continue reading How India’s major stock indices work
India’s Trade Deficit in 2023-24
Source-This post on India’s Trade Deficit in 2023-24 has been created based on the article “India records trade deficit with 9 of top 10 trading partners in 2023-24” published in “The Hindu” on 27 May 2024. Why in News? According to the recently released official data, India recorded a trade deficit with nine of its… Continue reading India’s Trade Deficit in 2023-24
Economic Capital Framework
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
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
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