Source: The post is based on the article “World Bank panel mulls investigation into complaints against Vishnugadh hydro power project” published in The Hindu on 27th August 2022. What is the News? An independent panel of the World Bank is considering a plea by residents of villages in Uttarakhand to investigate environmental damage from the… Continue reading World Bank panel mulls investigation into complaints against Vishnugadh hydro power project
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.
Sebi tightens disclosure rules for rating agencies
Source: The post is based on the article “Sebi tightens disclosure rules for rating agencies” published in Livemint on 27th August 2022. Contents1 What is the News?2 What are Perpetual Bonds?3 What are the current rating revocation regulations?4 What is being changed now?5 Why are these changes being made now? What is the News? The… Continue reading Sebi tightens disclosure rules for rating agencies
India poised to become next global SaaS capital: Report
Source: The post is based on the article “India poised to become next global SaaS capital: Report” published in Livemint on 27th August 2022. What is the News? The Confederation of Indian Industry(CII) and Ernst & Young Global Limited(EY) have released a study titled “India: The next global SaaS capital”. What is Software-as-a-Service (SaaS)? Software-as-a-Service… Continue reading India poised to become next global SaaS capital: Report
Cabinet approves amendment to export policy for Wheat or Meslin Flour
Source: The post is based on the article “Cabinet approves amendment to export policy for Wheat or Meslin Flour” published in PIB on 25th August 2022. What is the News? The Union Cabinet has approved changes in the policy of exports of wheat and has removed the exemptions on Wheat or Meslin Flour from export… Continue reading Cabinet approves amendment to export policy for Wheat or Meslin Flour
Gati-Shakti Vision for Telecom Infrastructure – Right of Way Rules Amended for Faster 5G Roll-out
Source: The post is based on the article “Gati-Shakti Vision for Telecom Infrastructure – Right of Way Rules Amended for Faster 5G Roll-out” published in PIB on 25th August 2022. What is the News? The Department of Telecommunications has released the Indian Telegraph Right of Way (Amendment) Rules, 2022. The amendments are expected to expedite… Continue reading Gati-Shakti Vision for Telecom Infrastructure – Right of Way Rules Amended for Faster 5G Roll-out
Privatization of PSBs
Source: The post is based on the article “Privatization of PSBs” published in The Hindu on 26th August 2022. Contents1 What is the News?2 What is the purpose of the article ‘Privatization of Public Sector Banks’?3 Why the public sector banks should be not privatized?4 What should be the way forward according to the authors?… Continue reading Privatization of PSBs
Wind project addition to peak by 2024, says report
Source: The post is based on the article “Wind project addition to peak by 2024, says report” published in The Hindu on 25th August 2022. What is the News? Global Wind Energy Council(GWEC) and MEC Intelligence have launched a report titled “Renewing wind growth to power the energy transition: India Wind Energy Market Outlook 2026”.… Continue reading Wind project addition to peak by 2024, says report
Explained: What is moonlighting and if it’s legal in India
Source: The post is based on the article “Explained: What is moonlighting and if it’s legal in India” published in TOI in 24th August 2022. Contents1 What is the News?2 What is Moonlighting?3 Why do people moonlight?4 What are the arguments against moonlighting?5 Can employees be fired because of moonlighting? What is the News? Swiggy… Continue reading Explained: What is moonlighting and if it’s legal in India
New ODI regulations: Govt allows investment in financial services abroad
Source: The post is based on the article “New ODI regulations: Govt allows investment in financial services abroad” published in Business Standard on 24th August 2022. What is the News? The Finance Ministry has released the Foreign Exchange Management (Overseas Investment) Rules, 2022. The rules are aimed at easing rules for domestic firms that want… Continue reading New ODI regulations: Govt allows investment in financial services abroad
Commerce Minister releases report on ‘Restructuring of Department of Commerce’
Source: The post is based on the article “Commerce Minister releases report on Restructuring of Department of Commerce” published in PIB on 23rd August 2022. What is the News? The Union Minister of Commerce and Industry has released the ‘Department of Commerce Restructuring Dossier’. What is the purpose of the “Department of Commerce Restructuring Dossier”… Continue reading Commerce Minister releases report on ‘Restructuring of Department of Commerce’
