Category: Economy

  • India-UAE Strategic Petroleum Reserve & LPG Pact Explained

    India-UAE Strategic Petroleum Reserve & LPG Pact Explained

    Important for: UPSC, Haryana HCS, Punjab PCS Prelims: Strategic Petroleum Reserve (SPR), LPG, Energy Security, India-UAE RelationsMains: GS Paper 2 & 3 — International Relations, Energy Security, Economy Why in News? India and the UAE are likely to sign important agreements related to strategic petroleum reserves and LPG cooperation during the Prime Minister’s visit to…

  • Gold & Silver Import Duty Raised to 15%: India’s Forex Protection Strategy Explained

    Gold & Silver Import Duty Raised to 15%: India’s Forex Protection Strategy Explained

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Forex reserves, import duty, CAD, customs dutyMains: GS Paper 3 — Economy, External Sector, Fiscal Policy Why in News? The Government of India has increased the effective import duty on gold and silver to 15% as part of austerity and forex conservation measures. The move comes amid: ✔…

  • VB-GRAMG to Replace MGNREGA: What the New Rural Employment Reform Means

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: MGNREGA, rural employment, welfare schemesMains: GS Paper 2 & 3 — Rural Development, Social Justice, Welfare Policies Why in News? The Centre has announced that the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) will be replaced by the Viksit Bharat Rozgar-Ajeevika Mission (VB-GRAMG) from July 1, 2026.…

  • Why Conserving Forex Reserves Alone Cannot Drive India’s Growth

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Forex reserves, CAD, RBI, importsMains: GS Paper 3 — Indian Economy, Growth & External Sector Why in News? Amid concerns over falling foreign exchange reserves and rising imports, discussions have emerged on whether aggressively cutting imports and conserving forex could hurt India’s long-term economic growth. Experts argue: ⇢…

  • Why Rising Gold Imports and Falling Forex Reserves Matter for India

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Forex reserves, CAD, gold imports, LRSMains: GS Paper 3 — Economy, External Sector, Trade & Inflation Why in News? India’s foreign exchange reserves have come under pressure due to: ✔ Rising gold imports✔ High crude oil prices✔ Increased overseas spending by Indians The issue gained attention after discussions…

  • India’s Informal Sector Becoming Less Indebted — But Also Investing Less

    India’s Informal Sector Becoming Less Indebted — But Also Investing Less

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Informal Sector, MSMEs, ASUSE SurveyMains: GS Paper 3 — Indian Economy, Employment, MSMEs Why in News? Recent survey data shows that: India’s informal sector is becoming less indebted but at the same time:→ Investment activity is also slowing down. This has raised concerns about:✔ Economic growth✔ MSME expansion✔…

  • India’s Energy Security Amid Global Conflicts Explained

    India’s Energy Security Amid Global Conflicts Explained

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Energy security, crude oil imports, Strait of HormuzMains: GS Paper 2 & GS Paper 3 — International Relations, Energy Security, Economy Why in News? Global conflicts in West Asia have once again highlighted India’s dependence on imported crude oil and the risks posed by disruptions in major shipping…

  • The Adam Smith Problem Explained: Rethinking Morality and Economics

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Adam Smith, Classical EconomicsMains: GS Paper 4 & GS Paper 3 — Ethics, Economic Thought, Moral Philosophy Why in News? The discussion around “Das Adam Smith Problem” has regained attention as scholars revisit whether Adam Smith’s economic ideas support selfishness or whether morality and ethics remain central to…

  • War Impact on Manufacturing PMI in India: What It Means

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: PMI, economic indicators, inflationMains: GS Paper 3 — Economy, global impact on India Why in News? India’s manufacturing sector growth slowed in April 2026, as reflected in the HSBC PMI data, mainly due to geopolitical tensions and rising input costs. What is PMI? ➤ Purchasing Managers’ Index measures:…

  • 100% FDI in Insurance Sector: What the New Policy Means for India

    Important for: UPSC, Haryana HCS, Punjab PCSPrelims: FDI, insurance sector, FEMAMains: GS Paper 2 & 3 — Economic Policy, Investment Reforms Why in News? The Centre has notified 100% Foreign Direct Investment (FDI) in the insurance sector, marking a major reform to attract global capital and boost the industry. What is FDI? ➤ Investment made…

Monthly Current Affairs

Recent Posts

Related Tags

, , , ,