India’s Rising Pulses Imports
India has experienced a substantial increase in pulses imports during the fiscal year 2023-24, with the volume almost doubling to 45 lakh tonnes from the…
External Sector/Open Economy/Globalisation
IMF to disburse $1.1 billion to Pakistan
The IMF has initially agreed to disburse $1.1 billion to Pakistan, marking the final portion of a previously secured $3 billion rescue package. This financial…
India Amends FDI Norms in Space Sector
The recent amendment of FDI norms in India’s space sector marks a significant liberalization aimed at boosting growth and innovation. The new policy allows up…
RBI Pushes for Rupee Payments in Oil Imports
The Reserve Bank of India (RBI) has made a significant move towards internationalizing the Indian Rupee by allowing rupee payments for oil imports, particularly marking…
[Indepth] India’s Stance on Data Transfers at WTO: Background & Implications
The World Trade Organization (WTO) has maintained a moratorium on customs duties for electronic transmissions since 1998, facilitating free digital tr…
India Approves 100% FDI in Space Sector
The Indian government’s recent policy to approve 100% Foreign Direct Investment (FDI) in the space sector marks a significant shift towards liberalizing the sector. Announced…
Viability Gap Funding
The Indian government recently approved Viability Gap Funding (VGF) of Rs 8,500 crore for coal gasification, aiming to gasify 100 million tonnes of coal by…
Open Network for Digital Commerce (ONDC): Pros & Cons
Summary In simple terms, the Open Network for Digital Commerce (ONDC) is a digital project initiated by the Indian government to revolutionize e-commerce. It aims…
Sovereign Credit Rating
Sovereign credit ratings are assessments of a country’s creditworthiness, significantly impacting its borrowing costs and ability to attract investments. These ratings are determined by major…
