Analysing India’s FDI flows Subject :Economy Section: External Sector Key Points: A relook at India’s FDI policy is necessary given the skewed composition, regional disparity and outdated regulatory framework. In FY23, India received $46.03 billion in FDI equity inflows, a decrease from the $58.77 billion recorded in FY22 Benefits: FDI remains vital for […]
GDP growth outlook and consumer sentiments down while Inflation up Subject :Economy Section: Inflation Context: Centre for Monitoring Indian Economy’s (CMIE) Economic Outlook, reports dip in consumer sentiments, along with elevated inflation and low growth outlook. CMIE Consumer sentiments Index This Consumer Pyramids survey are measured on the lines of the work done […]
Gresham’s law in action in Sri Lanka Subject :Economy Section: External Sector Context: The economic theory of Grisham’s law is being seen in action after Sri Lanka fixed exchange rate in dollar. Key Points: Gresham’s law refers to the dictum that “bad money drives out good.” Gresham’s law comes into play when the […]
RBI unveils revised investment portfolio guidelines for banks Subject: Economy Section: Monetary Policy Context: RBI unveils revised investment portfolio guidelines for banks. Key Points: Reserve Bank of India revised its guidelines on categorizing the investments by banks, to align them with global standards. The change in norms follow an RBI discussion paper issued […]