Current Affair Category: Indian Economy

China’s economic stimulus or bailout measures can have significant effects on Foreign Portfolio Investment (FPI) inflows in India through a few key channels: 1. Shift in Investor Focus to China If China’s stimulus policies appear effective in stabilizing its economy or boosting growth, global investors might see China as a more attractive investment destination. Consequently, […]

The impact of higher tariffs imposed by the USA on India’s economy can be significant, affecting various sectors and the overall trade relationship. Here’s an analysis of how it could affect India’s economy: 1. Trade Balance and Exports Reduced Exports to the USA: If the USA raises tariffs on Indian goods, it makes Indian exports […]

On the growth track: How Dedicated Freight Corridors are adding to GDP, boosting Rail revenues: Dedicated Freight Corridors are improving India’s GDP and adding significantly to the Indian Railways’ revenue, a recent study by Australia’s University of New South Wales has said. The study said that reduction in freight cost and travel time due to […]

GST (Goods and Services Tax) frauds are a significant issue in India, as they lead to revenue losses and disrupt the effective functioning of the tax system.  Nature and Types of GST Frauds: GST frauds primarily stem from exploitation of the tax system, taking advantage of loopholes or weaknesses in implementation. Common types include: Fake […]

Dumping stocks refers to the sudden sale of a large volume of stocks, typically by institutional investors, mutual funds, or large shareholders. This is often done when investors lose confidence in a stock or when they anticipate a decline in its value. Dumping stocks can significantly impact the stock market and individual investors in various […]

The Reserve Bank of India (RBI) confirmed a new wave of gold shipments, relocating 102 tonnes of gold from the Bank of England’s vaults to secure facilities within India. India’s gold reserves currently total 854.73 metric tonnes, according to a recent Reserve Bank of India (RBI) report. India ranks 8th for gold reserves. The top-ranking […]

What are Mule accounts and rented accounts ? Mule Accounts: A mule account is used by criminals to move illicit funds from one place to another to conceal the origins and destination. Often, the account holder (or “mule”) may or may not be aware of the illegal nature of the transactions they’re helping to facilitate. […]

Fast-Moving Consumer Goods (FMCG) are products that are sold quickly at relatively low cost and have high turnover due to frequent consumer demand. These products are essential in daily life, so they tend to be used up quickly and purchased regularly, such as packaged foods, personal care items, and household supplies. Key Characteristics of FMCG: […]

Pent-up demand refers to a situation where consumers are eager to purchase goods or services but are unable to do so due to various factors, such as economic downturns, supply chain issues, or external restrictions (like lockdowns). This demand builds up over time, leading to a surge in purchases once the barriers to buying are […]

What is business email compromise (BEC)? Business email compromise (BEC) is a type of social engineering attack that takes place over email. In a BEC attack, an attacker falsifies an email message to trick the victim into performing some action — most often, transferring money to an account or location the attacker controls. BEC attacks differ from other […]