Galathea Bay: A Strategic Game-Changer in Maritime Trade Sub : Eco Sec: Infrastructure Why in News Galathea Bay, located on the Great Nicobar Island, has been notified as India’s 13th major port. The International Container Transshipment Port (ICTP) proposed here could potentially transform maritime trade in the region. Strategic Importance of Galathea Bay […]

    DIPAM Asks Its Officers Not to Trade in Shares of State-Owned Companies Sub : Eco Sec: Capital market Background: The Department of Investment and Public Asset Management (DIPAM), which is under the Ministry of Finance, has directed its officials to refrain from trading shares of public sector companies to prevent misuse of market-sensitive […]

    Business Confidence Index (BCI) Dips in Q2 of 2024-25: Key Insights from NCAER-NSE Survey Sub : Eco Sec: Msc Why in News The Business Confidence Index (BCI), which gauges the growth prospects and sentiment of industries, saw a significant dip in the second quarter (Q2) of 2024-25. This comes after two quarters of […]

    RBI Orders ‘Cease and Desist’ on 4 NBFCs Over Usurious Pricing and Regulatory Deviations Sub: Eco Sec: Monetary Policy Action by RBI: The Reserve Bank of India (RBI) has issued a ‘cease and desist’ order to four non-banking financial corporations (NBFCs). The action is taken due to usurious pricing and other regulatory violations […]

    Rising Tomato Prices Trigger Fresh Concerns Over Food Inflation Amid Festive Season Sub: Eco Sec: Inflation Why in News Food inflation in India has spiked, primarily due to a sharp rise in the price of vegetables, especially tomatoes. This surge is driven by reduced supply in markets and increased demand during the festive […]