Category: Economy Concepts
Global Purchasing Power Parities (PPP) Data
Global Purchasing Power Parities (PPP) Data Released for 2021
Internationalisation of Indian Rupee
RBI unveiled Strategic Action Plan for 2024- 25 for Internationalisation of Indian Rupee (INR).
External Commercial Borrowings (ECBs)
As per the latest RBI data, External Commercial Borrowing (ECBs) registrations by Indian companies shot up about 84% in FY24 to $49.2 billion, against $26.7 billion in FY23.
Inheritance Tax
Use of inheritance tax to address economic inequality is being widely debated in India.
Advance Pricing Agreements
Central Board of Direct Taxes (CBDT) signed record 125 Advance Pricing Agreements (APAs) in FY 2023-24
Exchange Traded Currency Derivatives (ETCDs)
RBI defers Exchange Traded Currency Derivatives (ETCDs) norms.
Current Account vs Capital Account
Current account deficit narrows to 1.2% of GDP at $10.5 billion in Oct-Dec: RBI.
Exchange Traded Funds (ETFs) and Mutual Funds
Securities and Exchange Board of India (SEBI) has instructed mutual fund companies to cease accepting additional inflows into schemes that invest in foreign exchange-traded funds (ETFs).
India and EFTA
Recently, India and European Free Trade Association (EFTA) signed a Trade and Economic Partnership Agreement (TEPA)
Regulatory Sandbox
Reserve Bank of India (RBI) releases a comprehensive framework for a Regulatory Sandbox (RS)
JP Morgan GBI-EM Index
India to stay alert for ‘hot money’ after JP Morgan GBI-EM index inclusion