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Syllabus: GS Paper – 3 Banking Sector & NBFCs, Monetary Policy, Growth & Development Why in the News? The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to keep the RBI repo rate unchanged in its latest RBI MPC meeting decision, citing a neutral stance. Despite global headwinds like reciprocal tariffs by …
Read MoreSYLLABUS: GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: In the latest meeting, the Reserve Bank of India’s Monetary Policy Committee (MPC) maintained the repo rate at 6.50% for the eighth consecutive time, citing the persistent threat of food inflation as a key concern. Source: TOI …
Read MoreSyllabus: GS-2: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Why in the news? Decline in agricultural imports by 8% in 2023-24. Government liberalizes pulses at zero duty to control inflation. Need for integrating trade policy with MSP highlighted. source:slideshare Focus: Effective trade policies, particularly import liberalization, need to …
Read MoreWhy in the news? Retail inflation in India drops to a 10-month low of 4.85% in March, driven by moderation in food and fuel prices. Source:TH About Retail Inflation in March: Retail inflation in India dropped to a 10-month low of 4.85% in March, primarily due to moderation in food and fuel prices, along with …
Read MoreWhy in the news? RBI maintains a repo rate at 6.50% due to concerns over high food prices despite moderate overall inflation. Source:eduprep About the Concern Over Food Prices: RBI remains concerned about the spike in food prices despite a moderation in overall inflation. The Monetary Policy Committee (MPC) decides to keep the policy repo …
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