Indian Economy for IAS by Pratik Gupta PW
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I created this group to share notes and handouts for UPSC CSE preparation. Stay consistent with your studies! For any additional assistance, feel free to reach out at +91 94558 62729.
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budget_at_a_glance.pdf
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For analysis purposes
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Tomorrow’s class in Samkalp 2026 will be rescheduled to afternoon or evening or might be cancelled, as I have seminar at DCAC College DU at 12 PM
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Doc4.pdf
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Yesterday's analysis
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Just sharing a small topic which i covered in my book- Just read the langaguge and tell me is it easy to understand?
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Crude oil prices and gold pricesβ€”are they connected?
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Indian Economy for IAS by Pratik Gupta PW pinned Β«Crude oil prices and gold pricesβ€”are they connected?Β»
Crude oil and gold prices can be influenced by various factors, but they may show some correlations as a result of similar economic dynamics and market sentiment. Here's how they are connected:

A. Global Economic Conditions: Broader global economic conditions have the potential to impact both crude oil and gold prices. When the economy is booming and everything is going well, the demand for crude oil tends to go up because industries are working at full speed and people are using more energy. As a result, the prices of oil also go up. Similarly, in periods of economic uncertainty or downturns, investors often look for safe-haven assets such as gold, causing its price to rise.
B. Inflation and Currency Movements: The prices of crude oil and gold can be influenced by changes in inflation expectations and currency movements. When inflationary pressures arise, commodity prices tend to rise as investors look for ways to protect themselves from the erosion of purchasing power. This includes commodities like crude oil and gold. In addition, the depreciation of currency can result in increased costs for commodities like crude oil and gold, which are priced in foreign currencies. This, in turn, can lead to higher prices in domestic markets.
C. Geopolitical tensions, conflicts, or supply disruptions in major oil-producing regions have the potential to create supply shortages or disruptions in the crude oil market, resulting in significant price increases. Similarly, geopolitical uncertainties or events that increase perceived risks to global stability can attract investors to safe-haven assets like gold, leading to an increase in its price.
D. Investor sentiment and risk appetite have a significant impact on the prices of both crude oil and gold. Optimistic market sentiment and favorable risk environments typically bolster crude oil prices as energy demand rises alongside economic positivity. On the other hand, when investors have a pessimistic outlook and are cautious about taking risks, they tend to seek out safe-haven assets such as gold, which in turn causes its price to increase.

Although crude oil and gold prices can sometimes be influenced by similar economic factors and market sentiment, it's important to remember that they are separate commodities with their own supply and demand dynamics. In addition, they can also move independently depending on sector-specific factors, geopolitical developments, and investor preferences.
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asking for opinion
Forwarded from PW UPSC Wallah
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Equality before the law, a fundamental principle of democracy, ensures that all individuals are subject to the same legal standards and treatment regardless of their status or position in society. An example is the landmark Indian Supreme Court case, Maneka Gandhi v. Union of India (1978), where the court held that the right to travel abroad is a fundamental right and cannot be arbitrarily restricted, emphasizing equality before the law for all citizens. Equal protection before the law ensures that all individuals are entitled to the same legal rights and protections without discrimination. An example is the Indian Constitution's Article 14, which guarantees equal protection of laws to all citizens. In the case of State of West Bengal v. Anwar Ali Sarkar (1952), the Supreme Court upheld the principle of equal protection, ruling that laws must apply equally to all individuals without discrimination based on race, religion, or gender. from my notes
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Forwarded from PW UPSC Wallah
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