Category: Economy
Horticulture Sector
Second Advance Estimates of 2023-24 of Area and Production of Horticultural Crops released
Open Network for Digital Commerce
Open Network for Digital Commerce (ONDC) records 8.9 million transactions in May
OPEC+
OPEC+ agreed to extend its deep oil output cuts into 2025.
Global Purchasing Power Parities (PPP) Data
Global Purchasing Power Parities (PPP) Data Released for 2021
Unified Payment Interface (UPI)
RBI to expand Unified Payment Interface (UPI) to 20 countries by 2028-28
Millet
RBI Annual Report 2023-24 highlighted stagnant Millet production in India
Internationalisation of Indian Rupee
RBI unveiled Strategic Action Plan for 2024- 25 for Internationalisation of Indian Rupee (INR).
Agreement on Agriculture
WTO’s member questioned India’s farm input subsidies
Certificate of Deposits
Banks fundraising through CDs rises amid liquidity deficit
Cost Inflation Index
Central Board of Direct Taxes (CBDT) notifies CII For Financial Year 2024- 25 for calculating long-term capital gains (LTCG).
Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge
Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge adopted
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.