Current Affair Category: Indian Economy

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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 […]

Introduction: • India has recently made adjustments to its windfall tax on petroleum crude, reducing it to 1,700 rupees ($20.53) per tonne from the previous rate of 2,300 rupees per tonne, as outlined in a recent government notification. What is the Windfall Tax? • The concept of the windfall tax involves governments imposing levies on […]

Introduction: • The Indian economy’s remarkable growth in 2023 has garnered significant global attention, positioning it as a potential alternative for investors seeking diversification amid China’s economic slowdown. However, despite its promise, foreign investors harbor three primary concerns outlined by economists at Morgan Stanley, a renowned global investment bank. Concern 1: Private Consumption Demand and […]

Introduction: The release of December inflation data in India holds significant implications for both fiscal and monetary policies. This article delves into the Consumer Price Index (CPI) inflation, its calculation methodology, key components, and the notable trends observed in the December figures. Understanding CPI Inflation: Consumer Price Index (CPI) inflation is a crucial metric reflecting […]

Introduction: Momentum investing is a distinctive approach wherein investors strategically engage with assets, such as stocks or bonds, exhibiting consistent upward price movements, while divesting those experiencing price declines. Unlike traditional investment wisdom, momentum investors operate on the principle of “buy high, sell higher,” aiming to capitalize on existing price trends rather than seeking undervalued […]

Introduction Indore, once ranked 25th in the Swachh Survekshan rankings, has emerged as India’s cleanest city for the seventh consecutive year. The city’s remarkable ascent from its initial ranking prompts an exploration into the measures that transformed its sanitation and waste management systems. This article delves into the criteria behind the Swachh Survekshan rankings, the […]