WTO Goods Trade Barometer

The latest World Trade Organization Goods Trade Barometer predicted slow growth of global trade in the closing months of 2022 and in 2023 due to strong headwinds. What is Goods Trade Barometer? The Goods Trade Barometer was developed by the ..

Tags: Merchandise • merchandise export • merchandise import • World Trade Organization (WTO) • WTO

Month: Current Affairs – November, 2022

Category: Economy & Banking Current Affairs - 2022

FIRSTAP – India’s First Sticker-based Debit Card

IDFC First Bank, in association with the National Payments Corporation of India (NPCI), recently launched FIRSTAP – India’s first sticker-based debit card. What is a sticker-based debit card? A sticker-based debit card allows the user to make transactions by simply ..

Tags: Cashless Economy • Cashless payments • Digital Banking • IDBI • IDBI Bank

Month: Current Affairs – November, 2022

Category: Economy & Banking Current Affairs - 2022

The Collapse of FTX Cryptocurrency Exchanges

The FTX – one of the world’s largest cryptocurrency exchanges – collapsed. Its founder, Sam Bankman-Fried’s fortune fell from nearly 16 billion USD to zero within days after his company filed bankruptcy protection in the United States in November 11. ..

Tags: Challenges with the cryptocurrencies • cryptocurrencies • Cryptocurrency

Month: Current Affairs – November, 2022

Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs

OECD India FY23 GDP Forecast

The Organisation for Economic Co-operation and Development (OECD) recently slashed India’s GDP forecast for the current financial year (FY2023) from 6.9 per cent to 6.6 per cent in its latest economic outlook report. What are key findings of the report? ..

Tags: India-OECD • Indian Economy • OECD • Organisation for Economic Co-operation and Development (OECD) • Organisation for Economic Cooperation and Development (OECD)

Month: Current Affairs – November, 2022

Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs

India-Australia Trade Pact

The Australian Parliament recently approved the free trade agreement with India. In India, such agreements require approval from the Union Cabinet. What is AI-ECTA? The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) was signed by the two countries on April ..

Tags: Free trade agreement • India-Australia

Month: Current Affairs – November, 2022

Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs

Framework to Protect Consumers from Fake, Deceptive Reviews in E-Commerce

The Indian Government has unveiled a framework to set standards for publishing product reviews on e-commerce sites. The standards will be applicable from November 25. What are the key features of the framework? The new standards will initially be voluntary. ..

Tags: Bureau of Indian Standards • Central Consumer Protection Authority (CCPA) • Consumer protection • E-commerce in India • e-commerce marketplaces

Month: Current Affairs – November, 2022

Category: Economy & Banking Current Affairs - 2022