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INDIA NEEDS TO WIN BACK FOREIGN INVESTORS Syllabus: GS 3: Indian economy and related issues. Balance of Payment . Why in the News? The Union government recently increased the effective import duty on gold from 6% to 15% to reduce imports and ease pressure on India’s balance of payments amid rising oil prices and external …
Read MoreWhy in the news? The Securities and Exchange Board of India (SEBI) has amended the Prohibition of Insider Trading regulations, simplifying trading for insiders in their companies. These new norms will come into effect after three months, providing more flexibility in the trading plans of key managerial personnel. Source: Geeks for geeks Key Changes in …
Read MoreFinancial System The concept of a financial system is integral to understanding how economies operate. It encompasses a broad array of components including instructions, actors, procedures, markets, transactions, claims, and liabilities that interact in complex ways to facilitate the flow of financial resources throughout an economy. The essence of finance itself involves the study of …
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