RED FLAGS RAISED OVER SILVER IMPORTS FROM UAE THROUGH GIFT CITY TOPIC: (GS3) ECONOMY – SOURCE: THE HINDU The bullion market in India is experiencing significant disruptions due to the consolidation of silver imports by a few private players. This shift is causing concern about potential revenue losses for the government and the integrity of
INDIA TAKES FIRST STEPS TO MEET 2070 NET-ZERO GOAL, NITI AAYOG FORMS PANELS In recent developments, NITI Aayog has taken proactive steps towards India's commitment to achieving a net-zero economy by 2070. This initiative follows India's declaration three years ago at global climate summits. The formation of dedicated multi-sectoral committees aims to devise comprehensive policy
PATENTS IN INDIA Recently, the Union Minister of Commerce and Industry emphasized that India granted approximately one hundred thousand patents in 2024, indicating a substantial rise in patent approvals. About Patents Definition: A patent grants exclusive rights to an inventor or entity over their invention, preventing others from replicating, using, or selling it without permission.