SEBI mulls framework for market making to deepen bond markets Subject: Economy Section: Capital markets Concept: With over 98 per cent of corporate bonds being private placements, leading to a shallow secondary market, Sebi is planning to come out with a framework for market-making to help markets become more vibrant and funds cheaper, […]
Industrial output rebound to 7.1% in November 22 Subject : Economy Section: GDP Concept : India’s industrial growth, as per the Index of Industrial Production (IIP), accelerated to 7.1 percent in November, data released on January 12 by the Ministry of Statistics and Programme Implementation showed. Index of Industrial Production IIP is an […]
India, US ‘thinking big’, says Goyal, rules out mini trade deal or FTA Subject : Economy Section: External Sector Concept: Union Commerce and Industry Minister Piyush Goyal ruled out a mini-trade deal or FTA with the United States and said that they discussed the delay in business visa issuance at the conclusion of […]
World Bank Subject : Economy Context: The World Bank has retained growth forecast for India at 6.9 per cent for FY23 and 6.6 per cent for FY24. This is despite the latest Global Economic Prospects report, released on Saturday, portraying a gloomy picture for entire world economy About the Report The World Bank produces the GEP twice a year, in January and June, as part of its in-depth analysis of key global macroeconomic developments and their impact on member countries. The GEP provides […]
China + 1 to EU+1 Subject : Economy Context: China + 1 China-plus-one is a strategy in which companies avoid investing only in China and diversify their businesses to alternative destinations. China was an attractive investment location due to the low cost of labour and production and an increasing domestic consumer market. Companies […]
CBDC-R users to hit 50,000 by Jan-end on better acceptance Subject :Economy Context: The number of retail users of CBDC-R is expected to touch 50,000 at the end of this month. Currently, this number stands at around 16,000. The Reserve Bank of India (RBI) launched a pilot project for e₹-R on December 1 […]