Economics Current Affairs

    In News RBI says SBI, ICICI Bank are ‘systemically important'.   SIB A Systemically important bank or a bank that is ‘too big to fail’ is one whose failure will have nationwide or…

News Article emphasizing on BCIM Analysis The Bangladesh–China–India–Myanmar Forum for Regional Cooperation (BCIM) is a sub-regional organization of Asian nations aimed at greater integration of trade and investment between the four countries. The Bangladesh, China,…

Problems of Indian Railways: Although Indian Railways have progressed a lot, both quantitatively and qualitatively, during the last few years, this system is still plagued by a number of problems which require immediate attention.  Safety:…

  NATIONAL INVESTMENT AND MANUFACTURING ZONE (NIMZ) News The proposed National Investment and Manufacturing Zone (NIMZ) at Zaheerabad in Medak district is expected to take roots in the near future with a clear indication received…

NPS For the old employees it is still defined benefit plan whereas for the new recruits it is defined contribution plan. Defined benefit is free lunch. Defined contribution posits 10 percent contribution by the employee…

Road Blocks in Make In India Drive   India has skill, abundant labour and, to top it all, English-speaking people. Yet, why has the country not seen FDI (foreign direct investment) gushing into it? Hurdles…

WHAT ARE NUTRACEUTICALS The term “Nutraceuticals” was coined from “Nutrition” & “Pharmaceutical” in 1989 by Stephen DeFelice MD, Founder and Chairman of the Foundation for Innovation in Medicine (FIM). Offers health benefits and are majorly…

GST & Related Issues The Goods and Service Tax Bill or GST Bill, officially known as The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, proposes a national Value added Taxto be implemented in India from April 2016. "Goods and Services Tax"…

WAR ON WELFARE Be it education, health, agriculture, livelihood security, food security, panchayati raj institutions, drinking water or the Scheduled Castes/Scheduled Tribes sub-plan, central government funds earmarked for social protection have been cut. According to…

TEXTILE SECTOR OF INDIA  Brief Summary of Indian Textile Industry 1st in global jute production. 7 Million Tonnes of FBP in 2013-14. 63% of the world’s market share in textiles and garments. 2nd largest textile…

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