What’s in the news? India’s exports of Electronic Goods touched USD 1.67 Billion last month, registering a growth of 33.99% over $1.25 Bn logged in December 2020. During April-December 2021, the Sector Exports registered a growth of 49% to USD …
What’s in the news? India’s exports of Gems and Jewellery shot up by a whopping 71% during the first three quarters of the current Financial Year, April-December 2021(Provisional) over the same period previous year. The sector clocked USD 28.9 Billion …
Context India’s exports have risen nearly 50 per cent year on year in the first nine months of this fiscal, putting the country on track to hit a target of $400 billion in merchandise exports. India’s imports have also risen …
What’s in the news? Exports of Engineering Goods jumped to USD 81.8 Billion during April-December 2021 (Provisional) as compared to USD 52.9 Billion during same period in the previous year (2020), registering a stupendous growth of 54%. Engineering Goods sector …
What’s in the news? NASSCOM (Indian non-governmental trade association) and Zinnov (a management consulting firm) have released a new study titled ‘Indian Tech Start-up Ecosystem: Year of The Titans’. Highlights of the Study Start-ups raised a record $24.1 billion in …
About Payments banks Payments banks are the new age banks with limited facilities. These banks mostly operate through the small vendors and shopkeepers. It exists in between the mobile wallet and regular banks. Payments banks are permitted to set up …
What’s in the news? India and the United Kingdom have launched formal Free Trade Agreement (FTA) negotiations, with the aim of concluding an early harvest trade agreement over the next few months. Both countries have agreed to avoid “sensitive issues” …
What are Venture Capital Funds? Venture capital funds manage pooled investments in high-growth opportunities in startups and other early-stage firms. These investments are generally characterized as very high-risk/high-return opportunities. Venture capital funds are used as seed money or “venture capital” …
Levels of Economic Integration Economic integration takes the form of the Preferential Trade Area, Free Trade Area, Customs Union, Common Market and Economic Union. A preferential trade area (PTA) is a trading bloc that gives preferential access to certain products …
What’s in the news? Retail inflation rose to 5.59 % in December, mainly due to an uptick in food prices. The Consumer Price Index (CPI) based retail inflation was 4.91 % in November 2021 and 4.59 % in December 2020. …