Category: Economics
Consumer confidence refers to how optimistic or pessimistic people feel about the economy and their personal financial situations. When consumers feel secure about their jobs, income, and the overall ...
Category: Economics
Foreign Direct Investment (FDI) in India is a significant monetary source for economic development. The government of India acknowledges and encourages FDI, which is directly associated with the count...
Category: Economics
The Directorate General of Foreign Trade (DGFT) is a part of the Indian Government’s Ministry of Commerce and Industry. This aspect of the Indian government is in charge of all things related to forei...
Category: Economics
The Appellate Tribunal for Foreign Exchange, commonly known as the FEMA Tribunal, is a specialized court in India that deals with issues related to violations of foreign exchange laws. Here's a simple...
Category: Economics
The Federation of Indian Export Organisations (FIEO) is an important agency in India that is primarily involved in promoting trading activities. It was established by the Ministry of Commerce, which i...
Category: Economics
The **1991 Indian economic crisis** marked a significant turning point for the Indian economy, driven by problems in the balance of payments, heavy reliance on imports, and external challenges. ### C...
Category: Economics
India's external debt is the debt owed by India to foreign creditors. This encompasses any debt the Indian Union Government, State Governments, Indian businesses, or Indian citizens have with foreign ...
Category: Economics
The Foreign Exchange Management Act (FEMA), enacted in 1999, is a significant law in India that governs foreign exchange transactions. The main goal of FEMA is to make it easier for people and busines...
Category: Economics
India's space industry is primarily anchored by the Indian Space Research Organisation (ISRO). This sector comprises of over 500 private providers along with multiple bodies under the Department of Sp...
Category: Economics
India Inc. refers to the formal sectors of the Indian economy, including both government and corporate entities. This term is particularly popular in media discussions around business and economic gro...