Why is there an Upward Rally in Gold Prices? Sub : Eco Sec: External sector Geopolitical Tensions and Economic Uncertainty: Gold prices surged to an all-time high, due to heightened geopolitical tensions and global economic instability. In India, gold mirrored this trend, marking a 40% increase from last year’s price. Inverse Relationship with […]
Cyclical slowdown Sub: Eco Sec: National Income Context: India’s economy has likely entered a cyclical growth slowdown and growth may slip below 6.7% in the face of emerging risks – Nomura economists Details: Cyclical and structural slowdowns are terms often used to describe the nature and causes of an economic slowdown. Here’s a […]
Roll back nod given to import used medical devices Sub : Eco Sec: External Sector Context: Key stakeholders from the Indian med-tech industry, including the Association of Indian Medical Devices, the Manufacturers of Imaging, Therapy and Radiology Devices Association, and the Association of Diagnostic Manufacturers of India, have expressed strong opposition to the […]
Challenges in Fertilizer Imports and the Impact of Global Conflicts on India’s Fertilizer Market Sub : Eco Sec :External sector Overview of the Fertilizer Sector in India Types of Fertilizers: The three primary fertilizers in India are Urea, Diammonium Phosphate (DAP), and Muriate of Potash (MOP). India’s Position in Global Consumption: India is […]
The Rise and Fall of P2P Lending in India Sub: Eco Sec: Monetary Policy Peer-to-Peer (P2P) Lending is a form of financial technology (fintech) that allows individuals to lend and borrow money directly from one another without the involvement of traditional financial institutions like banks. Peer-to-Peer (P2P) lending emerged as an alternative lending […]
What is the livestock census? Why is it conducted? Sub : Eco Sec : Agri Context: The 21st Livestock Census was launched by Ministry of Fisheries, Animal Husbandry and Dairying. The enumeration process for the 21st census will take place between October 2024 to February 2025. About Livestock Census: Conducted every five years, […]