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Tripura Queen Pineapple Eyes Global Market Recognition Why in the News ? The Tripura Government is organizing the Tripura Global Pineapple Festival 2025 in New Delhi to promote the state’s famous Queen Pineapple internationally, strengthen export linkages, and establish it as a global agricultural brand. Tripura’s Push to Globalise Queen Pineapple: ● The state …
Read MoreIndia’s First Sea Shipment of Value-Added Millets India recently achieved an important milestone in agri-food exports and international trade by sending its first-ever sea shipment of value-added agricultural products—specifically millet-based products—from Karnataka to New Zealand. The export consignment was facilitated by APEDA — Agricultural and Processed Food Products Export Development Authority — which works under …
Read MoreForeign Investors Sell Indian Stocks Amid Global Uncertainty Why in the News ? Foreign Portfolio Investors (FPIs) have sold $5.73 billion worth of Indian equities in March, triggering volatility in stock markets and putting pressure on the Indian rupee, which recently touched a record low against the U.S. dollar. Rising FPI Outflows from Indian Markets: …
Read MoreGreen Hydrogen Demand Driven by Fast Fashion Markets Syllabus: GS-2: Government Policies & Interventions GS-3: Environmental Pollution & Degradation ,Growth & Development ,Conservation Why in the News ? The global green hydrogen sector is struggling as major Western projects stall, whereas China is rapidly expanding capacity and integrating hydrogen into its massive petrochemicals and plastics …
Read MoreChina Foregoes Special WTO Treatment Advancing Fair Trade Why in the News ? China announced it will no longer seek special and differential treatment in future World Trade Organization (WTO) negotiations, signaling its commitment to a more balanced global trading system, welcomed by the WTO chief as a historic step toward fair trade. This decision …
Read MoreGlobal Debt Surge: Risks Loom for World Economy Syllabus: GS Paper – 3 Inclusive Growth, Liberalization, Mobilization of Resources, Government Policies & Interventions, Monetary Policy, Fiscal Policy WHY IN THE NEWS? The OECD’s Global Debt Report 2025 warns of soaring sovereign and corporate debt, especially in developed economies, amid rising interest rates and tightening monetary …
Read MoreWhy in News ? Amid escalating US-China tensions, there was speculation that China might devalue the yuan. However, economists believe China will use other economic tools, such as fiscal and monetary policies, to mitigate the impact of US tariffs without resorting to drastic devaluation. Speculation on Yuan Devaluation: The ongoing economic conflict between China and …
Read MoreWhy in the News ? Trump’s high tariffs on Chinese imports are being compared to major past US policy shifts—the Nixon Shock and Volcker Shock—for their transformative impact on the global economy, trade balances, and monetary system, reigniting debates on protectionism and global trade. The Nixon Shock (1971): Collapse of Bretton Woods Post-WWII era (1949–1969) …
Read MoreWhy in the news? “India’s Finance Ministry reports global economic rebound, easing food inflation, and positive domestic indicators for March 2024.” source:medium About the Global Economic Outlook: The Finance Ministry of India highlighted a positive global economic trend, with major economies experiencing growth rebounds, which could benefit India’s economy. Despite concerns over high food inflation …
Read MoreWhy in the news? Oil prices surge amid escalating tensions in West Asia, raising concerns about potential supply disruptions and geopolitical instability. Oil Prices Surge Amid West Asia Tensions: Oil prices surged on Thursday, adding to gains from the prior day. Concerns mount over escalating tensions in West Asia, with potential involvement of Iran. Iran’s …
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