Author: InvestPolicy

InvestPolicy.com is one of the leading portal when it comes to insurance, investment, loans, market and banking information. Our main motto is to help our customers make personal finance decisions easy and convenient as per their comfort. We are committed to providing accurate and unbiased information at your doorstep and keeping it transparent among our customers.

Solar panels installed next to a wheat field at Vahelal village, about 40 km from Ahmedabad. | Photo Credit: AFP The story so far: On April 5 the Reserve Bank of India (RBI) green lighted investments in the country’s Sovereign Green Bonds (SGrBs) by Foreign Institutional Investors (FIIS) — investors such as insurance companies, pension funds and nation-states’ sovereign wealth funds. SGrBs are a kind of government debt that specifically funds projects attempting to accelerate India’s transition to a low carbon economy. How does it help in green transition? Allowing FIIs to invest in India’s green projects widens the pool…

Read More

Even in 2024, the Indian economy will continue to grow and its pace will be 6.5 percent. The International Monetary Fund (IMF) said on Tuesday that the Indian economy can grow at a pace of 6.8 percent in the financial year 2024-25 (FY25). In January, this institute had said that India's growth rate could be 6.5 percent in FY25. However, IMF has kept the FY26 estimate unchanged at 6.5 percent. At the same time, United Nations Trade and Development (UNCTAD) has also revised India's growth projections for FY25. UNCTAD has said in its report that even in 2024, the…

Read More

The percentage of unemployed people in the labor force, i.e. the unemployment rate, is expected to decrease from 4.47 percent in 2024 to 3.68 percent in 2028. The unemployment rate in the country may decrease by 0.97 percentage points by the year 2028. A report said on Tuesday that employment opportunities will increase as the country's economy reaches $5 trillion, which will reduce the unemployment rate. According to the 'India Employment Scenario 2030' report of research institute 'Observer Research Foundation (ORF)', the percentage of unemployed people in the labor force i.e. the unemployment rate is expected to reduce from…

Read More

Representational image of a patent application | Photo Credit: Getty Images India’s free trade agreement (FTA) with Switzerland, Norway, Iceland and Liechtenstein as partners is a completely new architecture. The Trade and Economic Partnership Agreement (TEPA) with the four-nation group known as the European Free Trade Association (EFTA), include provisions on intellectual property (IP) and investment protection and promotion. So far India has treated IP policy levers as a sovereign space for multilateral negotiations at the World Trade Organization (WTO) and has not made IP concessions to trade groupings of nation-states.Lessons ignoredRecently, India and South Africa had sought TRIPS (The…

Read More

The country’s sugar production crossed 30 million tonne till March of the ongoing 2023-24 season. File. | Photo Credit: K.V.S. Giri The government on April 15 ruled out possibility of allowing sugar exports in the current 2023-24 season ending October, the industry’s persistent demand notwithstanding. Currently, there are curbs on export of sugar for an indefinite period. However, Indian Sugar Mills Association (ISMA) has requested the government to allow export of 10 lakh tonne of sugar in the 2023-24 season, anticipating healthy closing stock by the season-end. “As of now, the government is not considering sugar exports although the industry…

Read More

Photo used for representation purpose only. A surge in cereal prices at a 12-month high enabled wholesale price inflation rise to a three-month high in March | Photo Credit: Sushil Kumar Verma India’s wholesale price inflation rose to a three-month high of 0.53% in March from 0.2% in February, with the food index rising 4.65%, primarily led by cereals prices surging at a 12-month high pace even as the inflation in paddy (11.7%), potato (53%) and onions (57%) accelerated.Inflation in pulses and vegetables remained elevated at the wholesale level, at 17.2% and 19.5%, respectively, as per the Wholesale Price Index…

Read More

Retail inflation of food items stood at 7.68 percent during March. WPI Inflation: A slight increase has been recorded in wholesale inflation during March. In comparison to 0.20 percent in February, it increased to 0.53 percent in March. Last week, wholesale inflation figures came and in March it had reached its lowest level in 9 months. However, retail inflation of food items stood at 7.68 percent during March. Wholesale prices of potato and onion increased According to the data by the Commerce Ministry, the wholesale inflation rate of onion was 29.22 percent in February which reached 56.99 percent in…

Read More