economic stability
India’s Forex Reserves Show Significant Increase
India’s foreign exchange reserves have experienced a notable rise. on November 09, the reserves reached 658.09 billion dollars, an increase of 1.51 billion dollars. This marks the first rise in nine weeks after the reserves had previously fallen to a ..
Month: Current Affairs - December, 2024
Category: Economy & Banking Current Affairs
India’s Foreign Exchange Reserves 2024 – Update
India’s foreign exchange reserves are crucial for economic stability. On November 15, they stood at $657.89 billion which includes $65.75 billion in gold. The reserves had previously reached $675.65 billion on November 8. A decline of $17.7 billion occurred due ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
Belgium’s Economic Challenges and Forecasts
Belgium faces important economic challenges as it approaches 2025. The European Commission has raised concerns about the country’s rising budget deficit and inflation. Without policy changes, the deficit could reach 4.9% of GDP by 2025. Increased spending on pensions and ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
Pakistan’s Ongoing Relationship with the IMF
In September 2024, the International Monetary Fund (IMF) approved an important loan for Pakistan. The loan, valued at US$7 billion, marks Pakistan’s second-largest borrowing from the IMF. This financial assistance comes amid ongoing economic challenges faced by the country. IMF’s ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
UGC-NTA NET Political Science – Global Governance and the Bretton Woods System
Global governance refers to the framework of international cooperation and institutions designed to address global issues. It is characterised by multilateralism, a rule-based order, collective action, and norm-setting. The Bretton Woods System, established in the mid-20th century, is a very ..
Maritime Security – Contemporary Challenges in India’s Foreign Policy [UGC-NTA Net Political Science]
Maritime security plays a very important role in India’s foreign policy, particularly in safeguarding its extensive coastline and maritime interests. With over 7,500 kilometres of coastline and maritime trade, India faces numerous challenges in ensuring the safety and security of ..