Report by Alekhya Chavan In November, India’s retail inflation increased to 5.55%, up from 4.87% in October. This rise is attributed to higher food prices,…
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Category: Economics
India’s GDP Growth numbers released
India released its provisional estimates of GDP growth numbers today. These numbers are: Q1 – 13.5% (Apr-Jun,2022) – Actual Q2 – 6.3% (July-Sep,2022) – Actual…
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What are credit score and credit ratings?
When we borrow money from a bank, the bank needs to be sure that we will pay them back. To ensure that they don’t make…
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Gold and Forex reserves: India and other top economies
Inputs by Paridhi Agarwal On May 12th, 2023, RBI updated the forex and gold reserves of the country. This report is released by the Reserve…
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What is Bankruptcy? What are secured and unsecured loans?
Very simply put bankruptcy is when you cannot pay back your debts in any way. It can happen to companies and individuals. When bankruptcy is…
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The 2022 G20 Summit in Bali, Indonesia
The 17th G20 Summit was held in Bali, Indonesia, on November 15 – 16, 2022. The Summit was attended by all the Heads of State,…
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What is taxation, direct and indirect taxation?
What is taxation? Tax is what we pay to the government. The government uses this money to do its job. The job of the government…
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Minimum Support Price for Rabi 2022-23 announced
The Cabinet Committee on Economic Affairs has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2023-24.…
Read More Minimum Support Price for Rabi 2022-23 announcedBRICS Summit 2022
Report by Shuchi Giridhar The 14th BRICS summit ended on 24th June 2022. China hosted the two-day summit, which went on from June 23-24. This…
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India’s forex reserves back above 6 billion USD, and update on Pakistan and Sri Lanka
In April, Sri Lanka had just started its economic crisis. India’s forex reserves, which had been steadily growing, also fell below the 6 billion USD…
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