What is the News? Cairn Oil & Gas has announced that it is partnering with US-based Halliburton to start shale exploration in the Lower Barmer Hill formation, Western Rajasthan. What is Shale Oil? Shale oil is an unconventional oil produced from oil shale rock fragments. How does Shale Oil differ from conventional crude oil? The… Continue reading ‘Tight oil’: What is shale and its potential in India
India needs $10 tn. to meet net zero
What is the news? According to a study by climate and energy research firm, CEEW Centre for Energy Finance (CEEW-CEF), India is going to need Rs 700 lakh crore (10 trillion) to meet its net-zero target by 2070. What are the findings of the study? – Majority of the funds would be needed to significantly… Continue reading India needs $10 tn. to meet net zero
Need global collaboration to regulate cryptos: Modi
What is the news? Indian Prime Minister, delivered the keynote at the inaugural Sydney Dialogue via video conferencing. He spoke on the theme of India’s technology evolution and revolution and new age digital tech like cryptocurrencies. Indian PM called for countries to collaborate for regulating cryptocurrencies to prevent any harmful impact on youth. The reference… Continue reading Need global collaboration to regulate cryptos: Modi
Ordinances extending tenures of CBI, ED chiefs show a worrying trend
News: The Government of India has brought two ordinances to extend the tenure of Enforcement Directorate (ED) and Central Bureau of Investigation(CBI) directors up to 5 years. About the Ordinances The two ordinances promulgated were the Delhi Special Police Establishment (Amendment) Ordinance, 2021, and the Central Vigilance Commission (Amendment) Ordinance, 2021, which extend the tenures, respectively, of… Continue reading Ordinances extending tenures of CBI, ED chiefs show a worrying trend
US’s engagement with China is par for the course. Delhi should not panic, must enhance its global standing
News: Recently a virtual summit occurred between US President and the Chinese President. In that, both the nations have decided to expand their cooperation and engagement. We have already covered the entire issue in our previous article: What Biden-Xi summit presages for the future What are the challenges in China-US relations? Failed fulfilments: During the… Continue reading US’s engagement with China is par for the course. Delhi should not panic, must enhance its global standing
The monetary, fiscal challenges of cryptocurrency
News: Digital money in the form of cryptocurrencies is gaining widespread popularity, esp with countries like El Salvador adopting Bitcoin as a legal tender. The debate around Cryptocurrencies frequently refer to their speculative nature as a cause of concern. But, what happens if, over time, cryptos evolve from speculative assets to become viable mediums of… Continue reading The monetary, fiscal challenges of cryptocurrency
An SOS call from the Indian micro-irrigation industry
News: Despite the demonstrated benefits of micro irrigation in the sustainability of Indian agriculture, the industry that provides the resources for it is currently struggling to survive. What are the benefits of micro irrigation system? – water savings in comparison with flood irrigation. – decrease in electricity consumption. – the adoption of micro irrigation results… Continue reading An SOS call from the Indian micro-irrigation industry
Strengthening financial sector
News: For a swift economic recovery of India, the central bank would need to guide the economy towards normalcy. In terms of monetary policy management, the central bank has started the unwinding process. In the context of financial sector oversight, RBI Governor Shaktikanta Das touched upon several interdependent issues in his remarks at an event… Continue reading Strengthening financial sector
The government should prepare for a sustained spell of inflation
News: Inflation data based on the consumer price index (CPI) released this week suggest that, inflation has decreased compared to the previous months. This may be good news for the Reserve Bank of India, but any complacency would not only be premature, it could also create challenges for an economic recovery. Why India should not get… Continue reading The government should prepare for a sustained spell of inflation
Time to harvest the tailwind in exports
News: The current increase in global trade offers an opportunity for India to get its exports’ strategy in order before growth dips again. Contents1 What are the factors that have contributed to the growth in exports?2 How does India stand to gain from this trend?3 What are the risks that can offset exports trade?4 What… Continue reading Time to harvest the tailwind in exports

