Current Affair Category: Indian Economy

The Investor Education and Protection Fund Authority (IEPFA) is an important body established by the Government of India under the Ministry of Corporate Affairs (MCA). Its primary objective is to promote investor awareness and protect investors’ interests, particularly in cases where they are unaware of their rights or are vulnerable to exploitation. overview of the […]

Yen carry trade:   Why in news ? Global equity markets experienced a severe downturn starting on Aug 05, causing significant declines in major markets from Tokyo to London. Japan’s Nikkei had its largest single-day drop since 1987, indicating a major systemic issue. What Happened on August 05, 2024? On August 05, 2024, markets took […]

Exchange Traded Funds (ETFs) are investment funds that are traded on stock exchanges, similar to stocks. They are designed to track the performance of a specific index, commodity, sector, or asset class. Here are some key points about ETFs: Structure: ETFs are structured as open-ended funds, which means they can issue an unlimited number of […]

Qualified Institutional Placement (QIP) is a capital-raising tool primarily used by publicly listed companies in India. It allows these companies to raise funds from domestic or foreign institutional investors without undergoing lengthy regulatory processes. QIP is governed by the Securities and Exchange Board of India (SEBI). Key Features of QIP: Eligibility: Only publicly listed companies […]

Why in News?  The RBI has  recently  released the Report on Currency and Finance (RCF) for 2023-24: Key points of the report : digitalisation-induced changes in the behaviour of consumers and financial intermediaries can have implications for monetary policy. Digitalisation can also create a more complex and interconnected financial system with implications for financial stability. […]

Impulsive spending and herd behavior are two distinct economic concepts that can significantly influence consumer behavior and market dynamics. Impulsive Spending Definition: Impulsive spending refers to the act of making unplanned, spontaneous purchases without prior intention or consideration of the consequences. It often involves buying items on a whim, driven by emotions, advertising, or immediate […]

Capital gains tax is a tax on the profit realized from the sale of a non-inventory asset. The gain is calculated as the difference between the sale price and the purchase price of the asset. Capital gains can be classified into short-term and long-term, depending on how long the asset was held before selling. Types […]

Why in news? Finance Minister Nirmala Sitharaman introduced significant revisions to capital gains taxation, focusing particularly on real estate transactions in the Union Budget 2024. The budget eliminated the indexation benefit, which previously enabled property owners to adjust their purchase price for inflation, thereby reducing taxable profits. About  Indexed Purchase Price: Indexed purchase price is […]

Why in news ? Finance Minister Nirmala Sitharaman in her budget speech 2024-2025 announced the launch of a new pension scheme ‘Vatsalya’ for children (NPS Vatsalya Plan). This scheme is a form of the National Pension System (NPS), which has been specially designed for the youth. Keeping in mind the future of the children, Sitharaman, […]

Headline inflation is the overall rate of inflation in an economy, including the prices of all goods and services. It’s calculated using the Consumer Price Index (CPI), which measures the average change in prices over time of a fixed basket of goods and services consumed by households. Other Types of Inflation Core Inflation: This excludes […]