Contents1 What is the news?2 What is the issue?3 What did the WTO Dispute Panel rule?4 How has India responded?5 Will this ruling impact India? What is the news? India has lost the dispute over subsidies of sugar exports at the World Trade Organization (WTO). The dispute settlement panel has ruled against India on a… Continue reading India loses WTO dispute over sugar subsidies; set to file an appeal
Tag: business standard
On USO Fund: Speed up broadband roll-out
News: It has been almost two decades since the Union government’s telecom policy set aside 5% of its receipts from the sector towards the Universal Service Obligation (USO) fund. The USO fund now totals in excess of Rs 1 trillion. The management of this fund is often in question. Also, in light of the size… Continue reading On USO Fund: Speed up broadband roll-out
PM Modi flags off new Kashi corridor as a bridge from past to future
What is the news? The Prime Minister of India has inaugurated the Kashi Vishwanath Temple Corridor project. What is Kashi Vishwanath Temple Corridor project? The Kashi Vishwanath Temple Corridor project in Varanasi connects the iconic Kashi Vishwanath temple and the ghats along the river Ganga. The project is aimed at ensuring easy movement of pilgrims… Continue reading PM Modi flags off new Kashi corridor as a bridge from past to future
India successfully launches Supersonic Missile Assisted Torpedo System
Contents1 What is the News?2 What is the SMART System?3 Features of SMART System4 Significance of SMART System What is the News? India has successfully test-fired a long-range Supersonic Missile Assisted Torpedo(SMART) from Wheeler Island in Odisha. What is the SMART System? Torpedoes, self-propelled weapons that travel underwater to hit a target, are limited by… Continue reading India successfully launches Supersonic Missile Assisted Torpedo System
The good and not so good of new bank ownership norms
News: RBI’s internal working group, set up in June 2020, had made 33 recommendations on the ownership and corporate structure of private sector banks. The RBI has accepted 21 of them, with minor modifications in some cases. The rest, are under examination. What are the key recommendations made by the RBI’s IWG? Entry of corporate… Continue reading The good and not so good of new bank ownership norms
The question of US monetary policy
News: Headline inflation in the US has reached 6.8%, the highest value in 40 years. In this context, if the US Federal Reserve resort to monetary tightening policy (Fed Tapering) to control inflation, it will have important consequences for the world economy. What are the implications of Fed tapering? Flight of capital from the emerging… Continue reading The question of US monetary policy
Challenges associated with China’s economy: Dragon Stumbling, World Ok
.News: At present, China’s economy is growing significantly slower than other emerging markets for the first time in three decades. But the present rapid slowdown in China does not impact the world economy like it used to be. This is against the popular saying that as China goes, so goes the global economy. China accounted… Continue reading Challenges associated with China’s economy: Dragon Stumbling, World Ok
“58 Percent of Potential oil palm acreage identified in 5 states: ICAR study”
News– Centre’s relaunched National Mission for Edible Oil-Oil Palm (NMEO-OP) to expand area under oil palm, largely in southern and north-eastern parts of the country. Recently ICAR also launched report on palm oil cultivation in India. What does ICAR study says about oil palm cultivation ICAR analysis shows oil palm cultivation requires less water than rice, banana and sugarcane. Thus, it will be a… Continue reading “58 Percent of Potential oil palm acreage identified in 5 states: ICAR study”
India and its neighbourhood relations: Winning back some neighbours
News: India started working on strategies to normalize its relations with neighbouring countries. Now, India has been reclaiming some of the ground, it had lost to China. What is the major shift from the earlier policies? 1) The government made sincere efforts to win not only the neighbouring governments but also their people, 2) The government… Continue reading India and its neighbourhood relations: Winning back some neighbours
Celebrating NRI success: When ‘national pride’ trumps obvious questions
News: Indians have to be critical about celebrating every time an NRI gets to head a giant corporation. There is a need to look at the kind of company they are running, the nature of products, or their business practices. About Indian’s performance in a global arena One should recognize the achievements or the hard… Continue reading Celebrating NRI success: When ‘national pride’ trumps obvious questions
