Duty Cut on Smartphone Parts: Impact on Local Firms and Jobs – GTRI Report Sub: Eco Sec: External sector Why in News The Global Trade Research Initiative (GTRI) has raised concerns over a proposed customs duty cut on smartphone parts in the upcoming Union Budget FY26, stating it could harm India’s local manufacturing […]

    Why is the Rupee Weakening Against the Dollar? Sub: Eco Sec: External sector Context and Current Status The rupee breached the 85 marks against the U.S. dollar in December 2024, reaching an all-time low of ₹85.81. The currency depreciated by about 3% in 2024, continuing its long-term trend of gradual depreciation. Factors Behind […]