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Economy Archives - News Simplified

Economy

RBI Slashes Repo Rate: Boost for Growth and Liquidity

The Reserve Bank of India (RBI) Monetary Policy Committee under Sanjay Malhotra cut the repo rate by 25 basis points to 6 percent .This is the second rate cut initiated…

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Trump’s Tariff Move:What Does It Mean for India’s Economy?

US President Donald Trump announced reciprocal tariff today on April 2. The day is referred as the ‘Liberation Day‘. US President Donald Trump announced a 26 per cent reciprocal tariff…

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Rupee depreciates against US dollar

Rupee Sinks to Record Low of 87.55 Against Dollar on Thursday. Persistent foreign fund outflows also weighed on the local unit. Rupee depreciates due to multiple reasons.  The rupee’s exchange rate…

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NITI Aayog States Fiscal Health Index: Assessing Economic Stability & Growth

National Institution for Transforming India (NITI Aayog) launched its inaugural Fiscal Health Index (FHI) 2025 for 18 major states It has been calculated using the data from the Comptroller and…

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India’s Budget Session : Understanding Its Constitutional Framework

 Budget Session of the Parliament will begin on 31st January and conclude on 13th February. LEARNING FROM HOME/WITHOUT CLASSES/BASICS The financial year in India commences from 1st April every Year….

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What are Intellectual Property Rights

Trade-Related Aspects of Intellectual Property Rights (TRIPS)  BACKGROUND Ideas and knowledge are an increasingly important part of trade. Most of the value of new medicines and other high-technology products lies…

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Reserve Bank of India: Operation and Monetary Tools

The Reserve Bank of India is the supreme monetary and banking authority in the country. It keeps the cash reserve of all scheduled banks and hence is known as Reserve…

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The International Monetary Fund revised India’s  growth forecast

The International Monetary Fund (IMF), in the World Economic Outlook released, has revised India’s FY25 GDP growth forecast for 2024-25 to 6.8% from 6.5%. IMF projected based on strong domestic…

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India signs $100bn free trade deal with European EFTA bloc

India has signed a $100 billion free trade deal with a European bloc that includes Switzerland, Norway, Iceland, and Liechtenstein. These four countries are not part of the European Union….

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India’s GDP in the December quarter grew by 8.4 percent

According to government data released on Thursday, the Indian economy expanded by 8.4 percent from October to December 2023, compared to the 4.3 percent growth recorded a year earlier. The…

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