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April 08 Trade Policy Uncertainty (TPU) Index The Trade Policy Uncertainty (TPU) Index measures uncertainty related specifically to international trade policies, such as tariffs, trade wars, sanctions, or changes in trade agreements. It indicates how uncertain businesses and investors feel about future trade rules. The TPU index is based on the broader Economic Policy Uncertainty research framework developed by economists: Scott Baker Nicholas Bloom Steven Davis How It Is Calculated? The TPU...
April 08 What is Non food credit? Non-Food Credit is used to measure how much bank lending is going to sectors other than government food procurement operations. It is an important indicator of real economic activity and private sector demand for loans. Non-Food Credit : Non-Food Credit = Total bank credit – Food credit It refers to loans given by banks to sectors like: Industry Services Agriculture Retail / Personal loans MSMEs Infrastructure Trade and commerce Non-Food...
February 08 Background The Union Budget 2026-27 focused on Yuva Shakti-driven growth, fiscal consolidation (fiscal deficit at 4.3% of GDP), increased public capex to ₹12.2 lakh crore, and major sectoral pushes in manufacturing, infrastructure, agriculture, and technology. It introduced several new schemes and enhanced existing ones under the theme of "Kartavya" (duties) toward Viksit Bharat by 2047. Here is a list of all major schemes or new announcements Manufacturing & Strategic...
January 26 Background Pax Silica is a U.S.-led international initiative focused on building secure, resilient, and innovation-driven supply chains for technologies essential to the AI era, particularly those involving silicon, critical minerals, semiconductors, and advanced computing. The name draws from "Pax" (Latin for peace, stability, and prosperity) and "Silica" (referring to silicon dioxide, the foundational material for semiconductors). It represents the U.S. Department...
November 19 BACKGROUND Every modern bank needs a financial safety net strong enough to absorb shocks, cover unexpected losses, and reassure depositors. Under global Basel III norms, this safety net is called the capital adequacy framework, which divides a bank’s own capital into two layers — Tier 1 and Tier 2. Tier 1 Capital is the core capital — the shareholders’ equity, reserves, and retained earnings. It is the first line of defence. Tier 2 Capital, by contrast, is the supplementary layer — composed mainly of...
November 19 What does the Dollar Dominance Mean? For nearly eight decades, the U.S. dollar (USD) has been the world’s reserve currency and has been used for Global trade and oil payments (the “petrodollar” system) Central bank reserves International loans and debt Safe-haven investment in crises The dollar has been the backbone of the global financial system. About 58–60% of all global foreign exchange reserves are still held in dollars (IMF, 2025). How did the Dollar become...
November 15 Introduction The Generalized System of Preferences (GSP) is a special trade program that makes it easier for developing countries to sell their products to richer countries. Under GSP, many goods from poorer nations can enter big markets like the US or the EU at lower taxes or zero taxes, which helps these countries earn more money, create jobs, and reduce poverty. The idea started more than 50 years ago to make a global trade fair and to support countries that are still growing. Different countries have their own versions of GSP, but...
November 13 WHAT? Digital gold (also known as e-gold or online gold) is a way to buy, sell, and store physical gold electronically through online platforms — without needing to hold the gold yourself. Here’s how it works and what it means: How It Works? You buy gold online for as little as ₹10 or ₹100 via apps or platforms (like Paytm, PhonePe, Google Pay, Tanishq, SafeGold, Augmont, etc.). The platform buys and stores equivalent physical gold in secure vaults (usually insured and audited). You receive digital proof of...
November 10 Overview India's tax department has caught a big scam where people used fake donations to political parties to avoid paying taxes. The Central Board of Direct Taxes (CBDT) found out about a ₹9,169 crore racket. This involved small political parties, accountants, and middlemen who helped cheat the system. The news came out on November 9, 2025, and it's a wake-up call for how some people misuse rules meant for real political funding. Why CBDT Monitors Donations CBDT is the government body that handles income...
November 10 Overview Lenskart, a popular Indian company that sells eyeglasses, sunglasses, and contact lenses, was all set for a big entry into the stock market on Monday, November 10, 2025. But just before the shares started trading, the excitement died down. The Grey Market Premium (GMP), which shows how much extra people are willing to pay for shares before they officially list, dropped to zero. This wiped out all the buzz that had built up. Investors who hoped for quick profits are now expecting a flat or even disappointing...
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