India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
Why in the news? The RBI’s Monetary Policy Committee (MPC) decided to keep the repo rate at 6.5%, marking the eighth consecutive hold. Focus:The decision aims to combat high inflation while supporting economic growth. source:scribd About Repo Rate: Definition: Interest rate at which the central bank lends to commercial banks for short periods. Purpose: Control …
Read MoreWhy in the news? The Reserve Bank of India’s Monetary Policy Committee is likely to maintain the repo rate at 6.5% due to persistent food inflation, signaling a cautious approach to monetary policy. Expectations suggest the MPC will keep the monetary policy stance unchanged, focusing on managing inflation and supporting economic growth amid uncertainties. About …
Read MoreWhy in the news? India’s fiscal deficit for FY24 stood at 5.6% of GDP, lower than the revised estimate of 5.8%, due to better revenues and expenditure management. The government targets a fiscal deficit of 5.1% for FY25, aiming for further reduction below 4.5% by 2025-26, leveraging a potential dividend from the Reserve Bank of …
Read MoreSYLLABUS: GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: Recently, the Institute for Human Development (IHD) and International Labour Organisation (ILO) have released a report titled- ‘India Employment Report 2024’ Source: ILO Overview of the India Employment Report 2024 The India Employment Report 2024, by the …
Read MoreSyllabus: GS-3– Import , export and related issues and solutions . Role of WTO Focus: The focus of the article is to analyze India’s merchandise export performance amidst global trade dynamics, including the impact of the COVID-19 pandemic and geopolitical conflicts. It examines the trends, challenges, and prospects of India’s exports, highlighting sector-wise performance, regional …
Read MoreWhy in the news? FY24 witnesses 15.3% dip in new private investments; States lead capital expenditure rise, Maharashtra tops new project acquisition. Source:slideshare About the Investment Trends in FY24: New private sector investment plans declined by 15.3% in 2023-24, while foreign investors reduced new outlays by nearly a third, resulting in a 5% drop in …
Read More
