Stagflation is an economic phenomenon  combines high inflation, stagnant economic growth, and elevated unemployment. The term was first used in the 1960s and became prominent during the 1970s oil crisis. Causes Supply shocks like rising crude oil price (Eg : … Continue reading →

MFN is a principle under the World Trade Organization (WTO) that mandates non-discrimination among member countries in trade policies. Features Ensures lowest tariffs, highest import quotas, and minimal trade barriers among member countries. Aims to promote fair trade and equitable … Continue reading →

The 1996 Ganga Water Sharing Treaty is a 30-year bilateral agreement between India and Bangladesh, signed in December 1996, to share the  Ganga’s, water during the lean season (January 1–May 31). The treaty is scheduled to expire in December 2026. Why such an … Continue reading →