Impact of the U.S. Federal Reserve’s Interest Rate Cuts on Global Markets Sub :Eco Sec: External Sector Why in the News On September 18, 2024, the U.S. Federal Reserve is expected to cut interest rates for the first time in four years. This significant move is poised to impact global financial markets, influencing […]
Institutional Credit to Agriculture Reaches All-Time High in FY24 Sub: Eco Sec: External Sector Record High Credit: Institutional credit to agriculture in 2023-24 reached an all-time high of ₹25.10 lakh crore, highlighting the importance of financing in promoting agricultural growth, as noted by RBI Deputy Governor Swaminathan J. Demographic Challenge: Indian agriculture faces […]
Start-up India to Move Out of Invest India’s Ambit Sub :Eco Sec: External Sector Commerce and Industry Minister Piyush Goyal announced that Start-up India will be moved out of Invest India, which is the government’s official investment promotion and facilitation agency. New Entity Formation: A new non-profit company will be created to house […]
Margin trading books of brokers zoom amid bull run Sub : Eco Sec: Capital Market What is margin trader? Margin trading, a stock market feature, allows investors to purchase more stocks than they can afford. Investors can earn high returns by buying stocks at the marginal price instead of their market price. Your […]
India’s Position on WTO Fisheries Subsidies Sub: Eco Sec: External Sector India’s stance on the WTO fisheries subsidies negotiations, aimed at regulating subsidies that contribute to overcapacity and overfishing, has garnered support from many developing countries and Least Developed Countries (LDCs). Disciplines on Large-scale Industrial Fishing: India advocates for stricter regulations on large-scale […]
GST Council’s Review of Tax on Health and Life Insurance Covers Sub: Eco Sec: Fiscal Policy Formation of a Group of Ministers (GoM): A new GoM has been formed to review the 18% GST on health and life insurance premiums. The GoM has a 50-day deadline to submit its recommendations by the end […]
India Becomes Largest Weight in MSCI EM IMI, Overtakes China Sub :Eco Sec: Financial market India Overtakes China: India overtook China in the MSCI Emerging Markets Investable Market Index (IMI) on September 4, 2024, becoming the largest weight. India is also close to surpassing China as the top weight in the broader MSCI […]