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Syllabus: GS 2: Bilateral, Regional and Global Groupings and Agreements involving India and/or affecting India’s interests. Effect of Policies and Politics of Developed and Developing Countries on India’s interests, Indian Diaspora. Why in the News? This article is in the news because the expiration of the U.S. Generalised System of Preferences (GSP) programme in 2020 …
Read MoreConcept of Exchange Rates The concept of exchange rates is central to international economics and finance, reflecting how much one currency can be exchanged for another. It is a critical aspect for countries engaged in global trade, affecting imports, exports, and economic stability. This detailed explanation will cover the fundamentals of exchange rates, focusing on …
Read MoreSyllabus: GS 2: Government Policies and Interventions for Development in various sectors GS 3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Focus: The recent trade agreement between India and the European Free Trade Association (EFTA) marks a significant milestone in India’s trade relations. While negotiations with other countries …
Read MoreWhy in the news? Australian parliamentary report questions India trade deal over child labour concerns, emphasising need for labour rights in agreements. About Australian Parliamentary Concerns on India Trade Deal: An Australian parliamentary report questions the trade deal with India over concerns of child labour. The report highlights India’s documented presence of child and forced …
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? 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 …
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