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Why in the News ? India’s total exports of goods and services grew by 5.5% in FY 2024-25, reaching a historic $820.93 billion despite global uncertainties. Merchandise exports and non-petroleum shipments showed positive trends, though trade deficit widened due to higher imports. Export Growth Overview: India’s total exports (goods & services) grew by 5% in …
Read MoreWhy in the news? Indian diamond exporters seek solutions as new EU-G7 sanctions cause losses and delays, similar to debates over Russian oil sanctions. source:substack Highlights of the Issue: Indian diamond exporters face losses and delays due to new EU-G7 sanctions, similar to Russian oil sanctions. Concerns raised with the Belgian delegation, a major source …
Read MoreWhy in the news? Rise in delinquencies observed in credit card, unsecured, and MSME loans, prompting ICRA to revise banking sector outlook to ‘stable.’ source:bussinessstandard About the Types of Delinquencies: Credit card, unsecured, and MSME loans are experiencing increased delinquencies. Public sector banks show better performance due to higher exposure to performing corporate loans. Private …
Read MoreWhy in the news? Household debt in India reaches 40% of GDP, while net financial savings drop to 5%, signalling rising financial distress. source:slideserve What is Household debt? Household debt is the total amount individuals owe creditors. Includes loans for consumer durables, housing, and personal expenses like education or medical bills. Requires fixed payments of …
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