Bank of India Plans to Raise ₹5000 Crore via Infrastructure Bonds Sub : Eco Sec: Monetary Policy Bond Issuance Details: Bank of India (BoI) will issue 10-year infrastructure bonds next week. The issuance includes a base size of ₹2,000 crore and a greenshoe option of ₹3,000 crore, totaling ₹5,000 crore. Purpose of Bonds: […]

    India now should focus on having its own pharmaceutical standards: FM Sub : Eco Sec :National Income Context: At the India Ideas Conclave, Finance Minister Nirmala Sitharaman emphasised the need for India to assert its identity in global standards, innovation, and ethical practices. India’s Own Pharmaceutical Standards Call for a Bharat FDA: India […]

    India’s Forex Reserves See Sharpest Weekly Drop on Record Sub : Eco Sec: Externals sector Record Weekly Drop: Forex reserves fell by $17.8 billion during the week of November 15, marking the largest weekly drop on record since 1998. Reserves reached a four-month low of $657.89 billion. Factors Contributing to Decline: Strengthening Dollar: […]

    Supreme Court Allows Telecom Companies to Claim CENVAT Credit on Mobile Towers and Shelters Sub: Eco Sec: Fiscal policy Why in News The Supreme Court recently delivered a significant judgment in favour of telecom companies, allowing them to claim Central Value Added Tax (CENVAT) credit for mobile towers and pre-fabricated shelters. This decision […]