Category: Economics
External Commercial Borrowings (ECBs) are important financial tools in India that allow Indian businesses and government-owned companies to access loans from foreign lenders. These loans are typically...
Category: Economics
Globalization is essentially the process of integrating various national and international activities. This concept is not novel to India, as the country has been part of global trade since the era of...
Category: Economics
Container Corporation of India Limited, commonly known as CONCOR, is a significant public sector enterprise in India. This company plays a crucial role in the transportation and management of containe...
Category: Economics
India boasts the **18th-largest Exclusive Economic Zone (EEZ)** in the world, covering a substantial area of **2,305,143 square kilometers** (or about **890,021 square miles**). An EEZ is a sea zone t...
Category: Economics
The Foreign Exchange Regulation Act (FERA) was legislation introduced in India in 1973. This legal act was issued to govern the incoming and outgoing transactions related to foreign exchange in India....
Category: Economics
The **Indian Statistical Service (ISS)** is a crucial civil service in India, operating under the **Group A** category of the Central Civil Services. This service is a part of the executive branch of ...
Category: Economics
The COVID-19 Pandemic severely affected the Indian economy, triggering disruptions and slowdowns. The last quarter of the fiscal year 2020 saw a reduction in the country's growth to 3.1%, as reported ...
Category: Economics
The trade between India and the Roman Empire was a significant exchange of goods and culture. This trade mainly took place from the Indian subcontinent to the Mediterranean Sea and Europe. There were ...
Category: Economics
The Indian government has supported various industries and products through a system of subsidies. A subsidy is a financial aid or support extended by the government to help reduce the cost of goods a...
Category: Economics
Amritsar, a prominent city in the East Punjab region of India, has always been recognized as a significant economic center. Historically, it stood as the second largest city in the combined region of ...