What are Electoral Bonds? An electoral bond is designed to be an interest-free bearer instrument like a Promissory Note — in effect, it will be similar to a bank note that is payable to the bearer on demand. It can …
Context The government recently permitted certain Indian companies to directly list on select foreign stock exchanges, , including GIFT IFSC, Ahmedabad, which will allow these companies to access global capital and boost capital outflows. How do companies currently list on …
What is a windfall tax? Windfall taxes are designed to tax the profits a company derives from an external, sometimes unprecedented event— for instance, the energy price-rise as a result of the Russia-Ukraine conflict. These are profits that cannot be …
About CPI Consumer Price Index is an index which measures the weighted average of prices of a basket of consumer goods and services such as transportation, food and medical care. It is calculated by measuring price changes for each item …
About SFBs The small finance bank (SFB) primarily undertakes basic banking activities of acceptance of deposits and lending to unserved and underserved sections including small business units, small and marginal farmers, micro and small industries and unorganised sector entities. The …
About MEP Minimum Export Price (MEP) is the price below which an exporter is not allowed to export the commodity from India. MEP is a kind of quantitative restriction to trade. MEP is levied by the government to restrict exports …
What’s in the news? S&P Global Market Intelligence, a leading provider of financial and industry data, has predicted that India’s gross domestic product (GDP) is expected to rise to USD 7.3 trillion by 2030 and it will surpass Japan to …
About CPI Consumer Price Index is an index which measures the weighted average of prices of a basket of consumer goods and services such as transportation, food and medical care. It is calculated by measuring price changes for each item …
About the project In 2021, the Government of India launched the “PM GatiShakti — National Master Plan” for infrastructure development aimed at boosting multimodal connectivity and driving down logistics costs. PM GatiShakti is a digital platform that connects 16 ministries …