PM Modi to Inaugurate Eastern Dedicated Freight Corridor Prime Minister Narendra Modi is set to inaugurate the Eastern Dedicated Freight Corridor (EDFC), marking a significant stride in India’s infrastructure development. The EDFC, a mammoth project aimed at revolutionizing the country’s freight transportation, spans approximately 1,800 kilometers from Punjab to West Bengal. The inauguration ceremony is…
Tamil Nadu’s FDI Landscape: With $10 Billion in 4 Years, Ranks Fourth Tamil Nadu has emerged as a pivotal hub for Foreign Direct Investment (FDI) in India, showcasing a remarkable surge in economic growth and investor confidence. Over the past four years, the state has witnessed an impressive influx of $10 billion in FDI, elevating…
India and Oman Fast Track Free Trade Agreement Negotiations in Boost to Economic Ties India and Oman have recently fast-tracked negotiations aimed at establishing a Free Trade Agreement (FTA), solidifying their economic relations and fostering mutually beneficial trade dynamics. This step marks a pivotal moment in the bilateral ties between the two nations, leveraging the…
RBI Monetary Policy Committee Meeting Highlights – December 2023 The recent Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting for December 2023 has garnered significant attention among aspirants preparing for various government exams, especially those targeting positions in the financial sector, such as banking, and other civil services. The meeting, conducted bi-monthly, serves…
India’s Robust Construction Sector Propels Economic Growth Amid Housing Boom India’s economy is experiencing a significant upsurge, largely propelled by the booming construction sector. With a robust expansion in the housing segment, the nation’s economic growth has gained momentum, fostering multiple avenues for development and progress. The construction domain has long been a cornerstone of…
Understanding India’s FDI Landscape: Proposals Worth ₹1 Lakh Crore from Border Neighbors Cleared The Foreign Direct Investment (FDI) landscape in India has witnessed a significant surge recently, marked by an influx of proposals amounting to ₹1 lakh crore from its bordering nations. This substantial surge in FDI proposals holds paramount importance in understanding the economic…
U.S. Pension Funds’ Index Switch: A Potential Infusion of Nearly $4 Billion into Indian Equities The recent shift in U.S. pension funds’ indices presents a promising opportunity for the Indian equities market. This strategic move could pave the way for an infusion of approximately $4 billion into Indian stocks. The decision by these funds to…
Women’s Labor Force Participation Reaches Record High of 24% in Q2FY24 – Unemployment Trends Shift The evolving landscape of the workforce in Q2FY24 has seen a remarkable surge in women’s labor force participation, marking a historic high of 24%. This substantial increase in female participation is a pivotal shift in the employment paradigm, reflecting a…
PLI and FTAs to Give Fillip to Manmade Fibre Textile Exports The Indian government’s recent initiatives focusing on the Production Linked Incentive (PLI) scheme and Free Trade Agreements (FTAs) have set the stage for a substantial boost in the export of manmade fibre textiles. This strategic move aims to fortify the nation’s position in the…
Foreign Direct Investment in India Witnesses a 24% Contraction in H1 FY24 Foreign Direct Investment (FDI) in India faced a notable downturn during the first half of Fiscal Year 2024, marking a 24% contraction. This significant decline in FDI inflows has raised concerns and garnered attention among policymakers, economists, and stakeholders. The downturn in FDI…
