Economy

Understanding Free Trade and Comprehensive Economic Agreements (FTA, CECA & CEPA)

Growing Importance of Trade Agreements Today, countries across the world actively enter into various free trade and economic agreements such as FTAs, PTAs, CECAs and CEPAs to strengthen economic relations…

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India as the World’s Fourth Largest Economy: A Turning Point?

India is the world’s fourth-largest economy. As per Government it has a GDP of USD 4.18 trillion. India surpassed Japan and is the fastest-growing major economy. The top three economies…

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Non Performing Assets dropped to 2.1 percent

The Reserve Bank of India (RBI) released a report on Non-Performing Assets(NPA) on Monday. As per the report, the gross non-performing asset (GNPA) ratio fell to a multi-decade low of…

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Rupee depreciates: RBI’s dollar sale Intervention

Recently Rupee Sinks to Record Low and passed the 90 per Dollar. Persistent foreign fund outflows also weighed on the local unit. The rupee depreciates due to multiple reasons.The RBI…

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Rationalisation of GST Rate

The government has rationalized the GST rate slabs into a dual-rate structure. It shifted to a two-slab system of 5% and 18%, removing the earlier 12% and 28% rates. The government…

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RBI surplus capital transfer to government

The Board of the Reserve Bank of India (RBI) approved a record surplus transfer to the Central Government. The dividend is of Rs 2.69 lakh crore for the accounting year…

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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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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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