Comprehensive Economic Partnership Agreement (CEPA) covers areas like services, investment, IPRs, government procurement and regulatory aspects of trade.
Comprehensive Economic Partnership Agreement (Cepa) Read More »
In the latest MPC review concluded on 6th December, it’s decided to keep the repo rate unchanged but reduced the CRR by 50bps
Unemployment is a situation in which individuals are ready & willing to work at the prevailing rate of wages but are not able to get work.
NAIRU is the lowest unemployment rate that can be sustained without causing inflation to rise. It’s a measure of the economy’s “spare capacity”
NAIRU – Non Accelerating Inflation Rate of Unemployment Read More »
Phillips Curve states that inflation and unemployment have an inverse relationship; higher inflation is associated with lower unemployment and vice versa.
Rural poverty, is characterised by various factors including poor living conditions, heavy reliance on agriculture, landlessness and limited access to basic services.
Global Multidimensional Poverty Index(MPI) was developed by the OPHI and the UNDP and uses different factors to determine poverty beyond income.
Multidimensional Poverty Index(MPI) Read More »
Banking Sector Reforms refer to the series of changes implemented to modernise and strengthen the Indian banking system.
Banking sector reforms Read More »
Banking laws amendment bill allows bank account holders to have up to four nominees in their accounts also proposes changes related to directorship.
Banking laws amendment bill – 2024 Read More »
Patent evergreening is a strategy used by companies to extend the life of their patents and maintain commercial exclusivity.
Patent evergreening Read More »