CCI Investigation Finds Zomato and Swiggy in Breach of Antitrust Laws Sub: Eco Sec: National income and Indian economy Overview: India’s Competition Commission of India (CCI) investigation has found that food delivery platforms Zomato and Swiggy violated competition laws. The investigation began in 2022 after a complaint by the National Restaurant Association of […]
Prolonged Chinese Steel Imports May Impact Indian Steel Industry Investments Sub : Eco Sec: External sector Unfair Pricing of Chinese Steel Imports: India’s steel imports from China have been identified as unfairly priced. Chinese steel producers are reportedly selling at prices below production cost, leading to unfair competition as they can continue to […]
ED Conducts Searches on Premises Linked to Key Vendors of Amazon and Flipkart Sub : Eco Sec: External sector Investigation Under FEMA: The Enforcement Directorate (ED) conducted searches at 19 premises across Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula, targeting main vendors linked to Amazon and Flipkart. These searches are part of an investigation […]
Enhancing Agricultural Sustainability through Corporate Social Responsibility (CSR) Contributions Sub : Eco Sec: National Income and Indian economy Why in News India was the first country to mandate Corporate Social Responsibility (CSR) legally under the Companies Act, 2013. With increasing CSR contributions, there is a growing interest in how effectively these funds are […]
Impact of Trumponomics on India and Global Economy Sub : Eco Sec: External sector Inflation Impact and Fed’s Stance Higher Tariffs and Trade Wars: Trump’s proposed 20% tariff on imports and 200% duties on cars could drive up inflation in the U.S. by raising costs on imported goods. Monetary Policy Shifts: The Federal […]
India’s palm oil imports soar Sub: Eco Sec: External sector Context: In October 2024, India experienced a significant surge in palm oil imports, with the total imports rising by 59% compared to September 2024. The country imported 840,000 metric tons of palm oil in October, marking a three-month high. India buys palm oil […]