Kuznets Curve
Kuznets Curve, a hypothetical model devised by economist Simon Kuznets, shows changes in economic inequality during different stages of economic
Laffer Curve
The Laffer Curve is a theoretical representation that illustrates the relationship between tax rates and the amount of tax revenue
Mixed Economy
Mixed economy is one in which an economic system combines elements of both capitalism and socialism. In this article, you
World Employment and Social Outlook
International Labour Organisation (ILO) has recently released “World Employment and Social Outlook: May 2024 Update.” Key Highlights: Global Unemployment Projections:
Infrastructure Investment Trusts (InvITs)
Securities and Exchanges Board of India has released a framework according to which privately placed Infrastructure Investment Trusts (InvITs) can
WTO’s Committee on Import Licensing (CIL) | UPSC
Japan and China raised concerns over India’s laptop import licensing measure, announced in August 2023 but soon reversed, at the
Gold Backed Currency
Zimbabwe has recently introduced a new gold-backed currency called ZiG (Zimbabwe Gold). About Gold Backed Currency: Ref: Source UPSC IAS
India Records Trade Deficit with 9 of Top 10 Partners in 2023-24
As per the data from the Union Ministry of Commerce and Industry, India recorded a trade deficit with 9 of
Cost inflation index (CII)
The Central Board of Direct Taxes (CBDT) has recently notified the Cost Inflation Index (CII) for Financial Year 2024-25 to
Pulses imports have hit a 7-year high
Pulses imports in April 2024 led to significant inflation in India’s food prices, affecting staples like roti and dal Key