News and Updates

India plans to Increase living Wages by 2025 Instead of the Minimum Wage

India plans to Increase living Wages by 2025 Instead of the Minimum Wage

By 2025, India plans to replace its minimum wage system with a living salary. Reportedly, the government has asked the International Labour Organisation (ILO) for technical assistance in developing a framework for estimating and implementing the living wage. The decision was made in response to an agreement reached during a February Meeting of Experts on …

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What is Monetary Policy

What is Monetary Policy? Decoding Its Meaning, Types, Goals and Tools!

The steps a central bank takes to control the money supply and accomplish macroeconomic goals including price stability, full employment, and economic growth are referred to as monetary policy. The primary duties of the Reserve Bank of India’s Monetary Policy is to carry out monetary policy in order to affect interest rates, credit availability, and …

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Electoral Bonds from Top 20 Donors

6,000Crores Fund Generated via Electoral Bonds from Top 20 Donors, How much more funds awaits?

Since the now-banned Electoral Bonds were introduced in early 2019, yet the top 20 donors had contributed approximately fifty percent of all contributions, according to statistics that the SBI provided to the Election Commission. Based on data provided by the State Bank of India (SBI) to the Election Commission of India on March 14, the …

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AMFI released reports for March 2024

All You Need To Know About AMFI March 2024 Assessment

The Association of Mutual Funds in India, or AMFI, is a self-regulatory body that keeps an eye on the mutual fund sector in India. In addition to educating investors and working to safeguard their interests, it encourages mutual fund companies to uphold professional and ethical standards. AMFI is essential to the regulation of the mutual …

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Bitcoin news

Major Surge In Bitcoin Prices: Does it Signify the Rise of Crypto In India?

The cryptocurrency token reached a record-breaking high of just over $69,000 on March 5th, which will no doubt excite the meme-obsessed crypto community, before slightly declining. The record completed an incredible recovery from the dire circumstances of November 2022, when interest rate increases were stifling risk appetite and the cryptocurrency exchange FTX had recently collapsed. …

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GDP

All about GDP (Gross Domestic Product)

Overview of GDP A key indicator of a nation’s economic performance is its gross domestic product (GDP), which is the total value of all products and services produced inside its borders over a given time frame, usually a quarter or a year. Policymakers, investors, and analysts use it extensively as a crucial economic indicator to …

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