Free float in stocks Subject : Economy Section: Financial Market Concept : Recently, index provider MSCI said it has cut the free-float designations of four securities of India’s Adani group. About Free Float: The free float is also known as Public float which refers to the shares of a company that can be […]

    Without considering green GDP, the budget’s claim of green growth is weak Subject: Economy Section:  National Income Context: While “green growth” is highlighted in the annual budget, experts note that there is a need to also factor in “green GDP” which is the basis of this growth. Green GDP is a term used […]

    RBI hikes Repo rate by 25 bps Subject: Economy Section: Monetary Policy Concept: In its first Monetary Policy statement of 2023, the RBI hiked the policy repo rate by 25 basis points to 6.5%. Repo rate is the rate at which the RBI lends money to banks to meet their short-term funding needs. […]

    The status and proceeds of disinvestment Subject : Economy Section : Fiscal Policy Concept : In the Union Budget for 2023-24, the government has set a disinvestment target of ₹51,000 crore, down nearly 21% from the budget estimate for the current year. It is also the lowest target in seven years. Background The […]

    IBC boosted ‘ease of doing business’ rank Subject : Economy Section : Msc  Ease of Doing Business: The Doing Business Report is the flagship publication of the World Bank Group that benchmarks business regulations in 191 economies. The Doing Business Report measures regulations that enhance business activity and those that constrain it. The Ease of Doing Business […]

    Goldilocks Balance Subject : Economy Concept : Goldilocks rate/balance are characterized by an economy which is neither too heated (inflationary) nor in recessionary state. i.e. the currency is not too strong or weak in global markets. It means that economy is in stable state with steady growth rates, low interest rates, low unemployment. […]