India’s FDI Inflow

India’s FDI Inflow Context: • India has recorded highest ever annual FDI inflow of USD 83.57 billion in the Financial Year 2021-22. In 2014-2015, FDI inflow in India stood at mere 45.15 USD billion as compared to the highest ever annual FDI inflow of USD […]

GST Council

GST Council Context: The Supreme Court on Thursday, in a judgment championing the importance of “cooperative federalism” for the well-being of democracy, held that Union and State legislatures have “equal, simultaneous and unique powers” to make laws on Goods and Services Tax (GST) and the […]

LIC Initial Public Offering (IPO)

LIC Initial Public Offering (IPO)   Context: • The Centre stated recently that it had reduced the size of the Life Insurance Corporation of India (LIC) Initial Public Offering (IPO) in light of the current ‘volatile market’ environment.   Background: • The Union Government has […]

India’s Sugar Exports

India’s Sugar Exports   Context: • India’s Sugar Exports witnessed an astounding growth of 291% from USD 1,177 million in FY 2013-14 to USD 4600 million in FY 2021-22. • As per DGCI&S data, India exported sugar to 121 countries across the globe.   About: […]

RINL

RINL   Context: • Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), registered the best ever performance since its inception. • It recorded a sales turnover of ₹28,008 crore, which is almost 56 percent above the sales of its corresponding […]

Central Bank Digital Currency

Central Bank Digital Currency   Context: • The Reserve Bank of India (RBI) will start issuing country’s much-awaited digital currency in financial year 2023. • Now there is discussion about the RBI’s place in the economy given the decentralized nature of the crypto currencies which […]