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World Inequality Report 2026

WHY IS IT IN NEWS? Relevance GS-III – Economy GS-II – Welfare & Governance WHAT IS THE WORLD INEQUALITY REPORT? a) What is it? b) Why it matters? KEY FINDINGS FOR INDIA (INCOME INEQUALITY) a) Income Shares in 2024 b) Historical trend c) Comparison with 2023 WHY INEQUALITY IS WORSENING A) Structural economic factors B) Wealth concentration mechanisms C) […]

Is India’s 8.2% Growth Sustainable?

Why is it in News? Relevance GS-III – Indian Economy GS-II – Governance Basics: What Does 8.2% GDP Growth Represent? Indicators of genuine momentum Conclusion:Short-term growth is broad-based, stable, and non-inflationary. India is outpacing most major economies. The IMF’s ‘Grade C’: Why It Matters The IMF was not grading the growth rate, but the statistical architecture behind the numbers. Key deficiencies Implication:Even […]

Crypto transactions crossed ₹51,000 cr. in 2024-25 in India’

Why in News? Relevance GS 3 – Economy GS 2 – Governance & Regulation What is Cryptocurrency? What are Virtual Digital Assets (VDAs)? How is Crypto Taxed in India? Legal Basis Tax Structure How Was ₹51,180 Crore Estimated? What Does the Growth Indicate? Why Is Crypto Growing Despite Heavy Taxation? Economic Implications for India (A) Revenue […]

Flex Fuel Vehicles After E20 Rollout

Why is this in news? Relevance GS-3 (Economy) GS-3 (Environment & Climate Change) GS-3 (Science & Tech) What are flex fuel vehicles (FFVs)? India’s current stage: E20 rollout Why push for flex fuels now?  1. Global evidence 2. Consumer economics 3. Industry readiness 4. Technology maturity Key challenges highlighted 1. Legacy vehicles and compatibility 2. […]

 Rupee breached ₹89/$, closing at ₹89.46

Why is it in News? Relevance GS 3 – Economy GS 3 – Growth & Inflation Key Terms 1. Nominal Exchange Rate (NER) 2. Effective Exchange Rates (EERs) 3. Appreciation vs. Depreciation What’s Different This Time? Effective Exchange Rates Reveal the Real Picture ? NEER REER Why REER Matters More ? Inflation: Key Driver of “Real” Depreciation […]

IMF gives ‘C’ grade for India’s national accounts statistics

WHY IS THIS IN NEWS? Relevance GS3 – Economy / Growth Measurement• Quality of GDP estimation under MOSPI/NSO scrutiny.• Discrepancies between production vs expenditure GDP.• Outdated base year (2011–12) and need for rebasing.• Deflator issues (WPI–CPI divergence).• Statistical system reforms: MCA-21 data, GSTN integration. GS2 – Governance / Institutions• Role of IMF’s Article IV surveillance.• Credibility of official statistics as a governance issue.• Transparency norms […]

Safran LEAP Engine MRO Facility in Hyderabad 

Why is it in News? Relevance GS3 – Economy & Infrastructure GS3 – Science & Technology GS2 – International Relations What is an MRO Facility? The LEAP Engine  What is the LEAP engine? Key Technical Features Why LEAP matters for India? Why India wants engine design capability ? Policy Framework Supporting Aerospace Manufacturing FDI liberalisation PLI […]

INR Depreciation

 Current Status Relevance:   GS3 – Economy GS2 – International Relations Comparison with Asian Peers Drivers of Depreciation Forward Outlook

Bima Gram API

Why is it in News? Relevance: Background: Significance of the Initiative: Implications: