The recent border skirmish between India and China in the Ladakh border has led to calls for a boycott of goods from China. According to a snap poll conducted by CVoter, as many as 93 % of Indians are in favor of boycotting all Chinese goods. At the same time, China’s smartphone maker OnePlus saw its latest …
Why a complete boycott of Chinese goods is impractical? Read More »
We are familiar with the trade war between the US and China. But, of late, the plummeting relationship between China and Australia has also garnered significant attention. [You may also read: The trade war between the US and China- Explained] Since 2009, the economic and cultural relationship between China and Australia has grown considerably, so …
China and Australia’s relationship has reached new lows Read More »
Petrol and diesel prices have been rising sharply in the past few days Prices of Petrol and Diesel were hiked for the 10th consecutive day since 7th June. In the last 10 days, petrol and diesel prices have increased by ₹5.47 and ₹5.8 respectively. As of 16 June 2020, petrol in Delhi costs ₹76.73/litre while …
Why are petrol & diesel prices rising despite falling crude oil prices? Read More »
India’s foreign exchange (FOREX) reserves rose to $501.70 billion in the week ended June 5. It rose by $8.2 billion in the week to surpass the $500 billion mark for the first time in India’s history. This is also the biggest weekly jump in reserves since September 2007. These reserves are enough to provide import …
Why are FOREX reserves rising despite economic slowdown? Read More »
Foreign direct investment (FDI) in India grew by 14% to a record of $ 49.8 billion in the 2019-20 financial year, according to data by the Department for Promotion of Industry and Internal Trade (DPIIT). Total FDI, (which includes equity capital of unincorporated bodies, reinvested earnings and other capital) rose by 18 % to $73.4 …
FDI in India rises 14 % in 2019-20 to $49.8 bn- Decoded Read More »
Dehing Patkai Wildlife Sanctuary (WLS) controversy, or should I call it Aarey 2.0? It is surprising to see how the masses fall prey to vicious misinformation campaigns run on social media, whose clear aim is to ensure electoral gains for certain political parties. Elections can make the opposition parties create a mountain out of a …
In the first tranche of the 20 lakh crore economic package, the Finance Minister Nirmala Sitharaman injected Rs.90000 crore to financially stressed state power distribution companies (DISCOMs) so that they can repay their debts to power generation companies (GENCOs) and transmission companies (TRANSCOs). [You may also read: All about Modi’s 20 lakh crore package] & …
Why India’s Power Distribution Sector Needs Reform? Read More »