vdAdmin May 9, 2024
Difference in International Monetary Fund (IMF) & World Bank:
The International Monetary Fund (IMF) is an international organization with a mission to promote global economic stability and prosperity for its 190 member countries. The Role of the IMF: Promoting Stability: The IMF works to ensure a stable global financial system by monitoring economic and financial developments in its member countries. It identifies potential problems […]
vdAdmin May 8, 2024
What are fast-moving consumer goods (FMCG)? About FMCG
Why in news? India’s fast-moving consumer goods (FMCG) sector witnessed growth in rural consumption in volume terms outpace urban consumption for the first time in five quarters, in the January-March period 2024. According to a report from consumer intelligence firm NIQ, rural consumption grew at a rate of 7.6 per cent year-on-year (Y-o-Y) in Q1CY24, […]
vdAdmin May 7, 2024
GST Appellate Tribunal (GSTAT) /What is Revenue Neutral Rate (RNR)?
Why in News? The Goods and Services Tax (GST) collections as a percentage of Gross Domestic Product (GDP) have reached pre-GST levels. The FM said that it is a myth that all GST collections are “pocketed by the Centre”, adding that GST contributes significantly to state revenues. The statement by Sitharaman came on the day […]
vdAdmin May 6, 2024
The India Employment Report 2024: Unemployment in India & Challenges:
Why in News? The India Employment Report 2024 was brought out by the Institute for Human Development (IHD) and the International Labour Organisation (ILO). The unemployment rate rises with a rise in education levels ,There is 28 per cent unemployment rate among graduates and above (the proportion of women being higher). What the report says? […]
vdAdmin May 4, 2024
What is standard essential patents’ (SEP)? The Indian Patent Office (IPO)
Why in News ? The certain technology companies are using ‘standard essential patents’ (SEP) against the telecom manufacturing sector in India. What are Standard Essential Patents (SEPs)? • A standard essential patent is a patent that protects technology that is essential to implementing a standard. • A standard is an agreed or established technical description. […]
vdAdmin May 2, 2024
What is Federal Reserve /Federal funds rate its impact on Global Economy?
Why in News? The US Fed has recently reduced the interest rate to tackle the inflation and boost economic growth. About US Fed: Like other central banks such as the RBI, as the US Fed conducts monetary policy, it influences employment and inflation primarily by using policy tools to control the availability and cost of […]
vdAdmin May 1, 2024
GIFT CITY/ foreign portfolio investor (FPI):
Why in News? The Securities and Exchange Board of India (Sebi) recently allowed non-resident Indians (NRIs) to own up to 100 per cent in global funds at the GIFT City and gave passive funds more exposure to group companies. Currently, NRIs and Overseas Citizens of India (OCIs) cannot own more than 50 per cent in […]
vdAdmin April 29, 2024
Has Rupee strengthened in real term? What are NEER & REER?
Why in News? The last 10 years have seen the Indian currency fall more against the dollar than during the previous 10 years. But the rupee has strengthened in ‘real’ terms when its exchange rate with all major global currencies is taken. Between April-end 2014 and April 2023, the rupee has depreciated by 27.6% against […]
vdAdmin April 27, 2024
RBI Releases Draft Guidelines For Digital Lending Service Providers:
Why in News? In a bid to further regulate the digital lending ecosystem in India, the Reserve Bank of India (RBI) has released a draft framework to oversee aggregation of loan products by lending service providers (LSPs). it aims to ensure that the borrowers have prior information about the potential lenders in order to make […]
vdAdmin April 25, 2024
Inheritance Tax:
Why in News? The use of inheritance tax as a tool for redistribution of wealth to address income inequality has been discussed widely. India did have an inheritance (or death) tax once. The tax, which was known as estate duty, was introduced in 1953, and was abolished in 1985 by the government of Rajiv Gandhi. […]
June 27, 2024
June 27, 2024
June 27, 2024
B-36, Sector-C, Aliganj – Near Aliganj, Post Office Lucknow – 226024 (U.P.) India
vaidsicslucknow1@gmail.com
+91 8858209990, +91 9415011892
© www.vaidicslucknow.com. All Rights Reserved.