E-commerce games Issue: India decided to stay out of the WTO e-commerce negotiations announced by about 75 members at the World Economic Forum in Davos Negotiation agendas: Free flow of data located on computer servers without data localization requirements Permanent moratorium on customs duties Non-disclosure of source code Prohibition of forced technology transfer Reasons for… Continue reading E-commerce games
Category: Economy
NPA and Bad Bank
Context Finance Minister Piyush Goyal, has announced the formation of a committee to assess the idea of bad banks. What is NPA? NPA or Non-Performing Assets are loans or advances that are in default or are in arrears on scheduled payments of principal or interest, usually for a period of 90 days. Before the period… Continue reading NPA and Bad Bank
