Dear Friends We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough and… Continue reading 9 PM Daily Current Affairs Brief – October 11th, 2021
Remembering Jayaprakash Narayan, the people’s hero
What is the news? Recently biography of JP Narayan – The Dream of Revolution, authored by Bimal Prasad and Sujata Prasad, was released. It is an excellent account of his life, containing details about the various stages of his evolution. Who is JP Narayan? He was born on 11th October 1902 in Sitabdiara, Bihar. He is also known as “Lok Nayak”. People… Continue reading Remembering Jayaprakash Narayan, the people’s hero
The monetary policy of RBI has failed to walk its talk
Synopsis: A disconnect between the commentary and policy action of RBI’s repo rate-setting panel could cost us dear in time to come. Introduction According to RBI Governor, the Indian Economy is recovering from the impact of Covid. But still, there is a need to work on inflation, so that it will remain within the targets defined.… Continue reading The monetary policy of RBI has failed to walk its talk
Public Finance ought to throw its weight by clean energy
Synopsis: With the world trying to achieve the Paris climate target, there is a need to bring more financial commitments and change in policies to achieve this target. Introduction Solar power is now the cheapest form of electricity in history. Over 90% of power-generation capacity added around the world last year was in renewables But to… Continue reading Public Finance ought to throw its weight by clean energy
Pandora papers reveal legislative limits of preventing tax dodging
Synopsis: Pandora Papers reveal complex issues associated with offshore investments. Introduction Pandora Papers consist of as many as 12 million documents belonging to 14 global corporate services firms, which set up about 29,000 off-the-shelf companies and private trusts in obscure tax jurisdictions. Must read (Only new points are covered in this article): Pandora Papers and… Continue reading Pandora papers reveal legislative limits of preventing tax dodging
Privatisation is far more difficult than consolidation
Synopsis: The government is looking to privatise the PSBs for strengthening the banking sector. But the Privatisation of PSBs is a complex one. Introduction Recently, the Finance Minister mentioned that India needs more banks to match the scale of the nation’s largest lender, the State Bank of India. This is because India (Asia’s third-largest economy) is… Continue reading Privatisation is far more difficult than consolidation
The many questions arising from QES data
Synopsis: The first quarter data of QES talks about different employment statistics Introduction Recently, the Labour Bureau has released the results of the All-India Quarterly Establishment-based Employment Survey (QES) for the first quarter of 2021 (April to June). The Sixth Economic Census serves as the basis of the QES survey. The survey covers establishments employing 10… Continue reading The many questions arising from QES data
Taxing big tech where it earn profits
Synopsis: India signed a deal to enforce GMCT in India, but it has to alter its taxation system to bring respective reforms. Introduction India with another 135 countries agreed to enforce a pact to impose a minimum corporate tax rate of 15%, and an equitable system of taxing profits of big companies in markets where they… Continue reading Taxing big tech where it earn profits
India needs a carbon policy for agriculture
Synopsis: The share of agriculture in India’s total emissions has gradually declined. However, in absolute terms emissions from agriculture have increased to a level similar to China’s. India needs to take steps to address this issue. Introduction In its recent assessment report, Intergovernmental Panel on Climate Change (IPCC) has issued “code red” to humanity as… Continue reading India needs a carbon policy for agriculture
Let HC Judges retire when SC Judges do, At 65
Synopsis: Uniform retirement ages for HC & SC judges is required to reflect the contemporary needs. Introduction Today, SC is one of the prestigious institutions in India. Elevation to which is also seen as a matter of great prestige. There is a debate going on between experts to increase the retirement age of High Court (HC)… Continue reading Let HC Judges retire when SC Judges do, At 65
