Exchange Traded Funds ETFs or exchange traded funds are similar to index mutual funds. However, they trade just like stocks. ETFs were started in 2001 in India. They comprise a portfolio of equity, bonds and trade close to its net…
Redactive Pricing Audit Redaction is the selection or adaptation by removing sensitive information from a document before publication. Under redactive pricing method, CAG withheld full commercial details and blackened the figures on the procurement deal on security concerns cited by Ministry…
National Investment and Infrastructure Fund (NIIF) The Government of India along with participation from institutional investors such as ADIA and leading Indian private financial institutions. A collaborative investment platform focused on Indian infrastructure with best-in-class governance and a strong team…
G20 Summit The G20 is the premier forum for international economic cooperation. It gathers the leaders of the largest economies of the world to discuss financial and socioeconomic issues. The Group of Twenty, or the G20, is the premier forum…
Asia-Pacific Economic Cooperation (APEC) APEC is the premier Asia-Pacific economic forum.Primary goal is to support sustainable economic growth and prosperity in the Asia-Pacific region. It is regional economic forum of 21 Pacific Rim member economies that promotes free trade throughout the…
Rupay Card India signed an agreement with Saudi Arabia on October 29, 2019, to launch the Rupay card in the country. An MoU was signed to formalize the same between the National Payments Corporation of India (NPCI) and Saudi Payments.…
Reassessing Export-Led Growth Model Export led growth is where a significant part of the expansion of real GDP, jobs and per capita incomes flows from the successful exporting of goods and services from one country to another. India has focused on…
Urban Employment Crisis Urban unemployment crept up to 9.83% in August as against 9.15% in July, according to monthly unemployment data released by CMIE. The overall national unemployment rate was at 8.35% in August as against 7.43% . India was gradually…
Regional Comprehensive Economic Partnership The Regional Comprehensive Economic Partnership (RCEP) is a so-called mega-regional economic agreement being negotiated since 2012 between the 10 ASEAN (Association of South-East Asian Nations) governments and their six FTA partners: Australia, China, India, Japan, New…