Rare Earth minerals

Rare Earth Minerals & Critical Minerals – India in the Global Context

Leave a Comment | Current affairs |

Minerals are important elements in the economy of the 21st century because they provide power to many of the technologies we have today such as; smartphones, electric vehicles, renewable energy systems and the technologies we use for defence. One of the terms that is receiving increased attention in this transition is; Rare Earth Minerals and […]

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Securities Transaction Tax (STT)

Securities Transaction Tax (STT)– Meaning, Budget Change & Market Impact

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Introduction Taxes heavily impact financial markets because they control market activities and influence how investors act. The recent drop in the share market following the government’s announcement of the Union Budget has increased concerns from investors regarding their transaction costs as a result of an increase in the Securities Transaction Tax (STT) on Future transactions

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FRBM Act

FRBM Act , 2003: Background, Provisions and Significance for UPSC

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Introduction India’s experience as a developing economy has shown that high fiscal deficits and rising public debt can fuel inflation, push up interest rates, and hinder long-term growth. To avoid fiscal mismanagement and ensure macroeconomic stability, a rules-based framework for fiscal discipline became essential. The Constitution, under Article 112, mandates that the Annual Financial Statement

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Ocean Currents

Ocean Currents: Causes, Types and Global Distribution for UPSC

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Introduction “Ocean currents are the great regulators of Earth’s climate, redistributing heat and energy across the planet.”— W.M. Davis, Geologist and Geomorphologist The continuous movement of ocean water on a large scale (ocean currents) transports heat, moisture and nutrients throughout the globe.The ocean’s effects can be seen indirectly in the weather and climate of the

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