Questions and Answers
What is the significance of the trade pact between India and the Euro-Asian Free Trade Association (EFTA)?
What was the total number of units reported last month as compared to August 2023?
What process is the ratification of the trade pact between India and EFTA currently undergoing?
Which country recently adopted the ambitious trade pact for ratification?
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What can readers do if they find errors in the paper?
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What does a reading above 50 in the PMI indicate?
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Which country ranked highest in the Manufacturing PMI in August 2024?
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What was India's services PMI in August 2024?
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Which of the following countries scored the lowest in the Global Real Estate Transparency Index, 2024?
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Which of the following statements is true regarding India's manufacturing PMI in August?
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Study Notes
Economic and Trade Developments
- Switzerland’s cabinet has approved a trade agreement with India and the European Free Trade Association (EFTA), now awaiting Parliamentary ratification.
- India's manufacturing PMI fell to 57.5 in August, marking a three-month low, while the services PMI increased to 60.9, indicating strong growth in service sectors.
- A PMI score above 50 indicates expansion; India’s performance remained robust despite manufacturing slowdowns due to softer demand.
Real Estate and Transparency Index
- India's real estate market has reached a "transparent" classification for the first time in the JLL Global Real Estate Transparency Index.
- India's ranking improved from 36 to 31, reflecting advancements in market transparency and governance.
Investment and IPO Updates
- Diageo plans to invest $100 million in India to expand its market presence.
- Swiggy aims to enhance its dark store network to over 1,000 sites in four years, utilizing funds from its pending $1.25 billion IPO.
- The trend in investing suggests a shift towards private credit among companies preparing for IPOs, as promoters seek alternatives to traditional equity funding.
Market Performance Indicators
- The Sensex and Nifty indexes demonstrate slight gains, with Sensex at ₹82,201.19 and Nifty at ₹25,145.1.
- The dollar exchanges at ₹83.98, and oil prices are at $73.71, with a minor daily variation.
Upcoming CSR Amendments
- The Indian government is set to amend Corporate Social Responsibility (CSR) regulations, enabling businesses to better invest in projects supporting workforce readiness and sustainability.
Entertainment Recommendations
- "In the Land of Saints and Sinners" and "The Killer" top the thriller genre, while "Ayali" and "Chutney Sambar" lead in Tamil web shows, reflecting diverse viewing preferences across platforms like Netflix, Amazon Prime Video, and ZEE5.
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Description
Test your knowledge on global compliance standards and regulations. This quiz will cover key aspects of world compliance practices, including recent updates and statistics. Challenge yourself to identify important compliance measures and their implications in various sectors.
