What is PMI? Purchasing Managers’ Index is an economic indicator which indicates the business activity & economic health of both the manufacturing and service sectors. PMI of India is published by Japanese firm Nikkei but compiled and constructed by IHS …
About GeM Launched in 2016, the Government e-Marketplace (GeM) is a 100 percent government-owned company setup under the aegis of the Ministry of Commerce and Industry. It is a completely paperless, cashless and system driven e-market place that enables procurement …
What is the Indus Water Treaty (IWT)? Signed in the year 1960 by former Prime Minister Jawaharlal Nehru and the then President of Pakistan, Ayub Khan, the Indus Water Treaty is an agreement that was made to chalk out the …
About ICI The monthly Index of Eight Core Industries (ICI) is a production volume index. The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature. These industries are likely to impact …
What’s in the news? India’s fourth quarter GDP growth slowed to 4.1 per cent, slowest pace of growth in a year, as the omicron variant hampered economic activity while the war in Ukraine worsened fuel and food inflation. According to …
Why in News At the recent Quad Summit in Tokyo, the Indo-Pacific maritime domain awareness initiative was inaugurated. What is it? It’s a regional project for information exchange and marine monitoring. The IPMDA would provide a maritime domain awareness image …
What’s in the news? The Ministry of Defence has signed a contract with Bharat Dynamics Limited for the supply of ASTRA MK-I Beyond Visual Range Air to Air Missile and associated equipment for the Indian Air Force and Indian Navy …
About PMBJP Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is a campaign launched by the Department of Pharmaceuticals to provide quality medicines at affordable prices to the masses. In September 2015, an existing ‘Jan Aushadhi Scheme’ was revamped as ‘Pradhan Mantri …