Introduction India’s agricultural sector is facing fresh challenges as rising global fertiliser prices and supply chain disruptions threaten to significantly increase the country’s fertiliser subsidy burden. According to recent estimates, the fertiliser subsidy bill could touch nearly ₹3.4 lakh crore, almost double the budgeted allocation, due to escalating international prices and supply shortages. The situation…
India’s economy demonstrated remarkable resilience during FY 2025-26, recording a growth rate of 7.7% despite global uncertainties, geopolitical tensions, and trade disruptions. However, the economic environment for FY 2026-27 appears more challenging. Rising energy prices, inflationary pressures, slowing global demand, and climate-related risks are creating fresh concerns for policymakers. Against this backdrop, economists argue that…
India’s economy has once again demonstrated resilience by recording strong growth despite global uncertainties and geopolitical tensions. According to recent estimates, India’s GDP grew by 7.7% in FY 2025-26, making it one of the fastest-growing major economies in the world. However, while the headline growth numbers appear encouraging, policymakers are becoming increasingly cautious about the…
Why Is This News Important? The Government of India has increased the price of domestic LPG cylinders by ₹29. This is the second major price revision after disruptions in global energy markets triggered by geopolitical tensions in West Asia. Even after the latest increase, Oil Marketing Companies (OMCs) continue to incur losses of nearly ₹700…
Why Is This News Important? The Reserve Bank of India (RBI) has announced new measures to encourage foreign capital inflows into the country. The central bank has eased borrowing norms for Public Sector Undertakings (PSUs) and banks, making it easier and more affordable for them to raise funds from overseas markets. The move comes at…
Why Is This News Important? India’s economy has ended FY26 on a strong note, with the GDP growth estimate revised upward to 7.7%. The revision reflects strong investment activity, resilient domestic demand, and continued economic momentum despite global uncertainties. For UPSC aspirants, the development is important because it relates to economic growth, macroeconomic stability, investment…
Why Is This News Important? The Government of India has announced the removal of capital gains tax and withholding tax on Foreign Institutional Investor (FII) investments in government bonds. The move aims to attract foreign capital, strengthen the rupee, and improve liquidity in the government debt market. For UPSC aspirants, this development is important from…
Important for Prelims: Indian EconomyMains: General Studies III What is in the News? ToD System Challenges Practice Questions for Prelims In India, TOD tarrif is applied for which of the following consumers?a) Residential consumersb) Commercial shopsc) Industrial consumer|d) No consumer Ans. c) Chetan Bharat Learning is the best institute in Chandigarh for UPSC IAS ,PCS…
Important for Prelims: Indian EconomyMains: General Studies III NEWS: India imposes import restriction on laptop and tablets; electronic manufacturing experts praise the move What is in the News? The News Rules Significance ITA 1 Chetan Bharat Learning is the best institute in Chandigarh for UPSC IAS ,PCS preparation. To know more about Chetan Bharat Learning’s…
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