Investment Incentive Agreement

Investment Incentive Agreement Context: The Government of India and the Government of the United States of America have signed an Investment Incentive Agreement (IIA) recently at Tokyo, Japan.   About: The Investment Incentive Agreement agreed between the governments of India and the United States of […]

The State of Inequality in India Report

The State of Inequality in India Report Context: The State of Inequality in India Report was released today by Dr Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM). The report has been written by the Institute for Competitiveness and presents a holistic analysis of the depth […]

Ethanol Blending

Ethanol Blending Context: The Union Cabinet on Wednesday approved amendments to the National Policy on Biofuels, 2018, to advance the date by which fuel companies have to increase the percentage of ethanol in petrol to 20%, from 2030 to 2025. The policy of introducing 20% […]

Controlling Inflation

Controlling Inflation Context: The recent action of the Reserve Bank of India (RBI) to raise the repo rate by 40 basis points and cash reserve ratio (CRR) by 50 basis points is a recognition of the serious situation with respect to inflation in our country […]

Front-Running

Front-Running Context: • Axis Asset Management Company, which manages assets worth Rs 259,818 crore, suspended two fund managers recently for various irregularities, including front-running the AMC’s transactions on their personal accounts. What is Front Running? • In India, front-running is defined as the purchase of […]

APEDA

APEDA Context: • In a move aimed at providing a global platform for millet products, the Agricultural & Processed Food Products Export Development Authority (APEDA) launched a variety of millet products for all age groups at affordable prices ranging from Rs 5 to Rs 15 […]

India’s Pharma Exports 

India’s Pharma Exports  Context: Indian pharma exports witnessed a growth of 103% since 2013-14, from Rs. 90, 415 Crores in 2013-14 to Rs. 1,83,422 Crores in 2021-22.  The exports achieved in 2021-22 is the Pharma Sector’ best export performance ever.  Background: In the worldwide pharmaceuticals […]

Palm Oil Exports from Indonesia

Palm Oil Exports from Indonesia   Context: • Indonesia, the world’s biggest producer of palm oil, would be banning all exports of the commodity to reduce domestic shortages of cooking oil and bring down its skyrocketing prices. Background: • According to the United States Department […]

Pawan Hans

Pawan Hans Context: The government recently approved the sale of its stake in Pawan Hans Ltd. along with transfer of management control to an entity called Star9 Mobility Pvt. Ltd. at a price of ₹211.14 crore, pegging the firm’s total value at ₹414 crore. About: […]