economy

  • New Norms for Tax Avoidance Treaties

    Context: The Central Board of Direct Taxes (CBDT) has issued new guidelines regarding the Principal Purpose Test (PPT) under Double Tax Avoidance Agreements (DTAAs). About the New Norms for Tax Avoidance Treaties Applicability of PPT: The Principal Purpose Test (PPT)...

    Last updated on January 27th, 2025 02:09 pm
  • NITI Aayog’s First Fiscal Health Index (FHI) Report

    Context: NITI Aayog’s inaugural Fiscal Health Index report was released by the Chairman of the 16th Finance Commission, Dr. Arvind Panagariya. About Fiscal Health Index (FHI) FHI aims to evaluate the fiscal health of Indian States based on key financial...

    Last updated on January 27th, 2025 12:01 pm
  • India’s GDP Growth Rate 2024-25, Key Drivers and Challenges

    The global ratings agency Moody’s has recently revised India’s economic growth forecast for the fiscal year 2024-2025, downgrading it to 7% from the previous year’s impressive 8.2%. This revision reflects a mix of domestic and global economic challenges, including slower-than-expected...

    Last updated on January 21st, 2025 01:02 pm
  • List of GI Tag Products in India 2025, State Wise GI Tags list

    Geographical Indication (GI) Tags in India serve as a vital form of intellectual property protection, acknowledging products originating from specific geographical regions with distinct qualities, reputations, or characteristics inherently tied to their place of origin. Governed by the Geographical Indications...

    Last updated on January 20th, 2025 02:04 pm
  • Legal Guarantee to Minimum Support Price (MSP)

    Context: Recently demand for a legal guarantee to minimum support price (MSP) was raised by the agitating farmers in Punjab. What is the Minimum Support Price? The Minimum Support Price (MSP) is the price at which the government commits to...

    Last updated on January 13th, 2025 07:04 pm
  • Official Gold Import Figures for Nov Revised Down by $5 Billion

    Context: The Ministry of Commerce and Industry has revised the gold import figures for November, reducing them by $5 billion from $14.8 billion to $9.9 billion. Overview of Gold Import Data Revision Initial Data: Gold imports for November 2024 were...

    Last updated on January 11th, 2025 04:56 pm
  • Decoding India’s Growth Slowdown

    Context: The first advance estimates of India’s Gross Domestic Product (GDP) for the fiscal year 2024-25, released by the National Statistics Office (NSO). What was the Finding? A decline in the real GDP growth rate to 6.4%, down from 8.2%...

    Last updated on January 11th, 2025 03:21 pm
  • India Post Payments Bank (IPPB), Revolutionizing Digital Banking in India

    India Post Payments Bank (IPPB) is a unique initiative by the Government of India to promote financial inclusion through digital banking services. Established under the Department of Posts, IPPB leverages the extensive network of post offices nationwide to provide accessible,...

    Last updated on January 11th, 2025 12:57 pm
  • The Outlook for India in the Year Ahead

    Context: India stands out globally due to economic growth and political stability, amidst a world witnessing profound economic and geopolitical shifts. Challenges for India in 2025 China Relations Recent Developments: Border Negotiations: Apparent disengagement at the Line of Actual Control...

    Last updated on January 8th, 2025 02:14 pm
  • Income Disparity Reduced in FY23 in India and Global Comparison

    Context: A working paper by the People Research on India’s Consumer Economy (PRICE) indicates that income inequality in India decreased in 2022-23. PRICE is an Not for profit think tank based in Delhi. Key Findings of the PRICE Working Paper...

    Last updated on January 7th, 2025 04:28 pm