Current Affair Category: Indian Economy

Introduction The Household Consumption Expenditure Survey 2022-23 provides valuable insights into the changing consumption patterns and standards of living across India. This article explores five key questions answered by the survey, shedding light on trends in spending habits, nutritional consumption, inflation measurement, imputed expenditure data, and disparities in living standards among states and union territories. […]

The ongoing debates surrounding Minimum Support Prices (MSPs) in India merely scratch the surface of a profound agricultural crisis. While farmer protests clamor for legal assurances on MSPs, the underlying issues extend far beyond this singular policy aspect. Delving deeper reveals a landscape where Indian agriculture has long been unrewarding for the majority of farmers. […]

Introduction: Recently, the governor of the Reserve Bank of India (RBI) highlighted the challenges posed by recurring food price shocks and geopolitical tensions to the ongoing process of disinflation. It’s essential to comprehend what disinflation entails, its implications, and the factors contributing to its occurrence. Disinflation Defined: Disinflation denotes a decrease in inflation rates, indicating […]

Introduction: • In a major setback for Paytm Payments Bank, the Reserve Bank of India (RBI) has issued a directive restricting the bank from offering core services, including accounts and wallets, from March onwards. This move, while not a license cancellation, severely limits the bank’s operations and raises concerns about its substantial customer base. This […]

Introduction: • Finance Minister Nirmala Sitharaman recently presented the Interim Budget for 2024, a significant event considering the impending end of the current government’s term. In her speech, she highlighted key aspects, including the fiscal deficit, government schemes, and signals for the economic trajectory. Fiscal Deficit and Economic Outlook: • Sitharaman commenced her speech by […]

Key Features of Budget 2024-25: Click Here

Introduction • As the nation anticipates the Interim Budget for the upcoming financial year (2024-25), it is essential to delve beyond the rhetoric presented in the Budget speech. This article aims to equip readers with analytical tools to discern the intricacies of government finances. By exploring four crucial aspects, we can gain a nuanced understanding […]

Introduction: • The Goods and Services Tax (GST) regime, set to complete seven years in July, has witnessed a surge in disputes and recovery proceedings. The existing mechanisms, including the absence of a GST Appellate Tribunal, coupled with issues in the dispute resolution process, have led to a backlog of cases. This article proposes the […]

Introduction: • The upcoming week promises a flurry of significant economic events both on the national and international fronts. This article offers a comprehensive preview, detailing key events ranging from the release of the International Monetary Fund’s (IMF) World Economic Outlook to the interim Union Budget for the fiscal year 2024-25. Each event is meticulously […]

Introduction • The recent plunge in domestic equity indices, notably on January 17 and 18, 2024, has raised concerns among investors. This article delves into the causes behind this market crash and provides guidance for retail investors on navigating the situation. The Rise and Fall • In 2023, the stock market demonstrated resilience, witnessing a […]