Contents1 What is the News?2 What does this mean?3 Who can invest in these stocks?4 What are the advantages of investing through this in US stocks?5 What is NSE IFSC?6 What is NSE IFSC receipt? What is the News? Investors in India have been allowed to trade in select US stocks through the NSE International… Continue reading Explained: The implication of domestic investors being allowed to trade in top US stocks
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization
Contents1 What is the News?2 What is National Land Monetization Corporation(NLMC)?3 Functions of NLMC4 Significance of NLMC What is the News? The Union Cabinet has approved the setting up of the National Land Monetization Corporation (NLMC). The setting up of NLMC is in pursuance of the Budget Announcement for 2021-22. What is National Land Monetization… Continue reading Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization
Union Minister for Power launch Virtual Smart Grid Knowledge Center and Innovation Park
Contents1 What is the News?2 What is Virtual Smart Grid Knowledge Center(Virtual SGKC)?3 What is the National Smart Grid Mission?4 What is a Smart Grid? What is the News? The Union Minister for Power has launched the Virtual Smart Grid Knowledge Center (Virtual SGKC) and Innovation Park. What is Virtual Smart Grid Knowledge Center(Virtual SGKC)?… Continue reading Union Minister for Power launch Virtual Smart Grid Knowledge Center and Innovation Park
Amendments proposed to make land pooling mandatory
Contents1 What is the News?2 What is land pooling?3 What is Delhi Land Pooling Policy?4 What are the amendments proposed to the Delhi Land Pooling Policy? What is the News? The Union Minister for Housing and Urban Affairs has said that amendments will be made to the Delhi Development Act, 1957, to speed up the… Continue reading Amendments proposed to make land pooling mandatory
Brahmaputra (NW2) gets connected with Ganga (NW1) via Indo Bangladesh Protocol Route
What is the News? India has successfully conducted the maiden voyage of foodgrains via inland waterways from Patna to Pandu through Bangladesh in Guwahati. What has happened? A self propelled vessel MV Lal Bahadur Shastri carrying foodgrains for Food Corporation of India (FCI) has completed the maiden pilot run from Patna to Pandu via Bangladesh.… Continue reading Brahmaputra (NW2) gets connected with Ganga (NW1) via Indo Bangladesh Protocol Route
Union Minister of Railways inspects the trial of Kavach System
Contents1 What is the News?2 What is Kavach?3 Features of Kavach4 What is the significance of Kavach? What is the News? Union Minister of Railways has inspected the trial of ‘Kavach’ working system in Secunderabad Division of South Central Railway. What is Kavach? KAVACH is an indigenously developed Automatic Train Protection(ATP) System for Indian Railways.… Continue reading Union Minister of Railways inspects the trial of Kavach System
Finance Minister launches e-Bill system on 46th Civil Accounts Day
What is the News? The Union Minister for Finance has launched the e-Bill system for Central Government Ministries on the 46th Civil Accounts Day. What is the e-Bill System? Aim: To make the entire process of submission and backend processing of bills completely paperless and transparent for Central Government Ministries. Developed by: Public Financial Management… Continue reading Finance Minister launches e-Bill system on 46th Civil Accounts Day
Explained: Why digital lenders have come under the scanner
What is the News? RBI has cancelled the Certificate of Registration(CoR) issued to P C Financial Services Pvt Ltd, which was primarily engaged in mobile app-based lending operations through an app called ‘Cashbean’. The registration was cancelled as the company was found charging a usurious rate of interest and other charges to its borrowers in… Continue reading Explained: Why digital lenders have come under the scanner
What rising loan disbursals mean for the economy?
Contents1 What is the News?2 How does bank credit help the economy?3 What impacts bank credit disbursal?4 Why was there a slowdown in bank credit during the pandemic?5 Why is there an increase in Bank Credit growth now? What is the News? There has been a rise in lending by commercial banks in recent months.… Continue reading What rising loan disbursals mean for the economy?
Russia-Ukraine crisis may give India opportunity to export more wheat
What is the News? The Russia-Ukraine conflict may give India an opportunity to ship more wheat in the global markets. How much do Russia and Ukraine contribute to Wheat exports? Russia is the world’s largest exporter of wheat, accounting for more than 18% of international exports. In 2019, Russia and Ukraine together exported more than… Continue reading Russia-Ukraine crisis may give India opportunity to export more wheat
