News: The OPEC+ group of oil producers celebrated their fifth birthday in early December. They first came together to face the threat posed by the US shale boom back in 2016. However, their future wasn’t much easier. The group was on the verge of collapse in 2020, but it was saved by the covid pandemic.… Continue reading Opec+ should expect plenty of turbulence in the years ahead
Category: 9 PM Daily Articles
India Israel ties no longer just a close friendship
News: India and Israel are going to celebrate 30 years of diplomatic relations in the year 2022. India has described its relationship with Israel as a multifaceted strategic partnership, which now includes negotiations on a free trade agreement as well. What are the various areas of cooperation b/w India and Israel? Technology: Israel is the… Continue reading India Israel ties no longer just a close friendship
Protection from data protection authority
News: The Personal data protection bill was introduced in the parliament in 2019 and then referred to a joint parliamentary committee (JPC) which has recently submitted its report. Read the JPC’s recommendation here. What is Data protection authority (DPA)? The bill recommends setting up of a statutory regulatory authority (SRA) called Data protection authority. It… Continue reading Protection from data protection authority
INS KHUKRI decommisoned after 32 years of glorious service to the nation
What is the news? INS Khukri has been decommissioned after 32 years of glorious service. What is INS Khukri? INS Khukri is India’s first indigenously built Missile Corvettes(high-speed ships that have considerable firepower). It was built by the Mazagon Dock Shipbuilders and commissioned in 1989. It had the distinction of being part of both the… Continue reading INS KHUKRI decommisoned after 32 years of glorious service to the nation
Agriculture needs a booster dose
News: The cure for the farm sector’s ills lies primarily in making agriculture remunerative. Why are farmers discontented and uneasy? Income from crop farming has become insufficient for the livelihood of an average farm family: The “Situation Assessment of Agricultural Households” survey, carried out by the National Sample Survey Organisation in 2018-19, clearly indicates that… Continue reading Agriculture needs a booster dose
Goodbye shadow banking
News: Recently RBI passed a string of new norms to strengthen the regulations for NBFC sector What is a shadow bank? A shadow bank is into the business of lending but is not subject to any regulatory oversight. The shadow banking system also refers to unregulated activities by regulated institutions. What is the significance of… Continue reading Goodbye shadow banking
Avoid policy adventurism
News: Goods and services tax (GST), one of the biggest reforms in recent decades, will complete five years in July next year. It was expected that after some initial implementation difficulties, the system would stabilise and boost revenue collection along with output. But that doesn’t seem to be happening. While revenue collection has improved, partly… Continue reading Avoid policy adventurism
Let’s re-emphasize the ‘social’ aspect of our ESG investments
News: Need to start a new ‘bio bond’ asset class to support Biomedical research. In Environment, social and governance investing, while many of the investments goes to environment and governance aspect, Social-welfare investments are often neglected. But there is an urgent need to change this, especially in biomedical research, to make it more sustainable, and… Continue reading Let’s re-emphasize the ‘social’ aspect of our ESG investments
What to look at before investing in ESG funds
News: Earlier this week, the National Stock Exchange (NSE) launched NSE Prime. Environment, social responsibility, and corporate governance have of late emerged as key themes for investors in India. The asset size of ESG funds has increased nearly five times to Rs 12,300 crore over the last couple of years. In this context, recently NSE… Continue reading What to look at before investing in ESG funds
How PMO letter to EC challenged institutional balance
News: Earlier, a letter written by the Law Ministry to the Election Commission (EC) on November 15, has come under criticism. This letter created debates regarding India’s institutional structure and its traditions and conventions. The recent press communiqué of the Law Ministry offer certain logical conclusions and clarifications. Must read: Functioning of the Election Commission… Continue reading How PMO letter to EC challenged institutional balance
