Tag: business standard

News: The government had launched the PLI schemes for 15 sectors. However, various companies across IT hardware, telecom products and mobile devices have failed to achieve their investment target and meet their production targets. They missed the deadlines for the first year ended on March 31. What are the benefits of the PLI Scheme? Growth… Continue reading Testing times for PLI schemes: Covid-related delays put firms in pressure

News: Recently, the Comprehensive Economic Partnership Agreement (CEPA) was signed between India and the United Arab Emirates last month. Further, such a free trade agreement is also going to be signed between India and Australia.   What are the provisions in the India-UAE trade deal?   The deal provides for harmonisation in the regulatory system. It also… Continue reading Opening up procurement 

News: Recently, two Indian researchers wrote an unpublished paper “Artificial Intelligence and the armed forces: Legal and ethical concerns”. This has led to the resurgence of a debate on Artificial Intelligence (AI) based arms and weapon system.   In 1950, Alan Turing in a paper titled “Computing Machinery and Intelligence”, considered the question: “Can machines… Continue reading Thinking hard on AI 

News: A recent report of the Intergovernmental Panel on Climate Change (IPCC) has pointed out that climate change has caused substantial damages, and increasingly irreversible losses, in terrestrial, freshwater and coastal, and open ocean marine ecosystems. Policy approach to tackle climate change: The policy approach to tackling this has tended to concentrate on supply-side changes,… Continue reading Lifestyles for climate justice

News: Recently, the Chinese and Russian leaders visited New Delhi. Both developments are important in the context of India’s position over the Russia-Ukraine war   What has been India’s position on Ukraine crisis? India has consistently abstained from voting on all resolutions by both the West and Russia. For example, India abstained from Russia’s resolution in… Continue reading Between BRICS and Quad 

News: The Securities and Exchange Board of India (Sebi) has released a consultation paper proposing to change open offer pricing norms for public sector undertakings (PSUs). What are the present Rules regarding open offer pricing norms? Under the rules in the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011, an acquirer has to make… Continue reading Strategic Support: SEBI’s proposal will help disinvestment

News: Food processing sector has performed impressively in the past few years on the back of govt support. Even in times of the pandemic, this sector has grown due to the inc in demand for ready-to-consume and home-deliverable foods. But, it still has a huge untapped potential. The article throws light on the current situation… Continue reading Food processing potential

News: Recently, there has been an export boom in the international market. Therefore, India has fixed a goal of attaining the $400 billion target for the current fiscal year.   Contents1 What are the factors driving India’s exports?2 Why global economy is expected to slow down? 3 How India’s policies may obstruct its export growth?4 What is… Continue reading On boosting exports: Beyond $400 billion