Prolonged Chinese Steel Imports May Impact Indian Steel Industry Investments Sub : Eco Sec: External sector Unfair Pricing of Chinese Steel Imports: India’s steel imports from China have been identified as unfairly priced. Chinese steel producers are reportedly selling at prices below production cost, leading to unfair competition as they can continue to […]
ED Conducts Searches on Premises Linked to Key Vendors of Amazon and Flipkart Sub : Eco Sec: External sector Investigation Under FEMA: The Enforcement Directorate (ED) conducted searches at 19 premises across Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula, targeting main vendors linked to Amazon and Flipkart. These searches are part of an investigation […]
Enhancing Agricultural Sustainability through Corporate Social Responsibility (CSR) Contributions Sub : Eco Sec: National Income and Indian economy Why in News India was the first country to mandate Corporate Social Responsibility (CSR) legally under the Companies Act, 2013. With increasing CSR contributions, there is a growing interest in how effectively these funds are […]
Impact of Trumponomics on India and Global Economy Sub : Eco Sec: External sector Inflation Impact and Fed’s Stance Higher Tariffs and Trade Wars: Trump’s proposed 20% tariff on imports and 200% duties on cars could drive up inflation in the U.S. by raising costs on imported goods. Monetary Policy Shifts: The Federal […]
India’s palm oil imports soar Sub: Eco Sec: External sector Context: In October 2024, India experienced a significant surge in palm oil imports, with the total imports rising by 59% compared to September 2024. The country imported 840,000 metric tons of palm oil in October, marking a three-month high. India buys palm oil […]
Bank Deposit Growth Outpaces Credit Offtake for the First Time in 30 Months Sub: Eco Sec: Monetary Policy Year-on-Year Performance: Deposits grew by 11.8% in the fortnight ending October 18, 2024, compared to 13.4% last year. Credit growth stood at 11.7%, a slowdown from the 19.7% growth seen in the same period last […]