New shoe sizing system proposed for Indians: What is ‘Bha’ and the need for it? Subject: Economy Sec: Msc Context: A pan-India survey on the feet sizes of Indians was recently carried out as part of a larger project for developing an Indian sizing system for footwear. More on news: Proposed to be […]

    New FDI Policy in Satellite Business Subject: Economy Sec: External Sector Increased FDI Limit The Finance Ministry has announced a new FDI limit for satellite-related activities, allowing up to 74% FDI via the automatic route. The new regulations are set to come into effect from April 16, providing a boost to foreign investment […]

    Key Highlights of India’s Oil Import Scenario Subject: Economy Sec: External Sector Reduction in Import Bill: India’s crude oil import bill witnessed a significant decline of 16% in the fiscal year ended March 31, attributed to lower international prices. Despite importing a similar volume of crude oil as the previous fiscal year, India […]

    IRDAI removes age bar for purchasing health insurance Subject: Economy Sec :Msc Context: The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age limit for purchasing health insurance policies, with effect from April 1. Key changes: Earlier, there was an age limit of 65 years to buy new health insurance […]

    Mauritius tightens over offshore funds Subject: Economy Sec :External Sector Increased Scrutiny: Mauritius imposes stricter scrutiny on offshore fund structures, leading to longer timelines and higher compliance burdens for India-focused funds. Recent amendments to the India-Mauritius tax treaty and tax notices from Indian authorities to Mauritius-based funds contribute to the tighter regulatory environment. […]