News: There has been an accidental launch of supersonic Brahmos cruise missile from India into Pakistani territory India’s Response Read – The Issue of Accidental Indian missile drop in Pakistan India officially admitted that “in the course of a routine maintenance, a technical malfunction led to the accidental firing of a missile”. India has ordered a… Continue reading BrahMos can’t be mistaken for nuclear-tipped missile
Tag: business standard
Will a services exports-driven economic growth strategy work for India?
Context: India’s service exports have lagged the outbound shipment of manufactured items, though the gap between the two was narrowing immediately before Covid-19 struck. Why should India adopt a service exports-led growth strategy for India instead of China’s model of manufacturing exports-led growth? According to the data provided by the World Trade Organization (WTO), India’s share… Continue reading Will a services exports-driven economic growth strategy work for India?
RUSSIA’S MISADVENTURE IN UKRAINE SETS OFF EUROPEAN RE-ARMAMENT
News: Russia’s ongoing invasion of Ukraine has been described as a turning point in the modern history of Europe. It has catalyzed European re-armament, rejuvenated NATO, caused Germany to reassert European leadership, and galvanized tentative Japanese militarism. Contents1 Situation before Russian invasion:2 How Ukraine crisis has restarted the European armament?3 How could it impact India?4… Continue reading RUSSIA’S MISADVENTURE IN UKRAINE SETS OFF EUROPEAN RE-ARMAMENT
On the Issue of Accidental Indian missile drop in Pakistan
News: There was an accidental launch of an IAF cruise missile that landed 124 km inside Pakistan. The missile did not carry any warhead. Thus, there was no loss of lives. Contents1 What could have been the impact?2 How was the potential crisis averted?3 Argument by Pakistan4 India’s Stand against Pakistan demand5 Status of Missile… Continue reading On the Issue of Accidental Indian missile drop in Pakistan
Mobile internet user growth slowed down drastically in 2021, shows data
News: On March 8, the RBI launched a renewed payments service for feature phones. The service called UPI123Pay was a successor to BHIM USSD 2.0 service, which allows feature phones to make payments using interactive voice response (IVR), app functionality, missed calls, and proximity sound-based payments. Why has the RBI launched the payment service for… Continue reading Mobile internet user growth slowed down drastically in 2021, shows data
Shock-proofing the economy: Quality jobs the best possible safety net
Context: India’s policy must be aligned with the present realities to make its economy shock proof to any external development. India has gone through a number of crises in the Indian economy since 1962. For Example like India fought three wars, suffered droughts, first oil shock, double-digit inflation, which peaked at 26 per cent, imposition… Continue reading Shock-proofing the economy: Quality jobs the best possible safety net
Unshackling the creative sector
News: A report commissioned by YouTube (YT), provide a glimpse of the “creator economy” in India. Scope of YouTube Channels in India YouTube platform hosts around 40,000 Indian channels with over 1 lakh subscribers and the number of channels earning revenues in excess of Rs 1 lakh jumped by 60 per cent year-on-year in June… Continue reading Unshackling the creative sector
Addressing uncertainty – Necessary changes in GST must be made in time
News: The Goods and Service Tax (GST) is going to complete its five years in a few months. Therefore, it has triggered a debate for big structural change in the system. GST was expected to reduce complications in the indirect tax system, contain tax evasion, and boost revenue and economic growth over time. However, it… Continue reading Addressing uncertainty – Necessary changes in GST must be made in time
A fresh blow to globalisation
News: There are two broad possibilities that may arise as an effect of the present Ukraine crisis – one is the reordering of international relations, and the other is declining globalisation. Contents1 How the western countries have responded to the Ukraine Crisis? 2 What, as per experts, led to the Ukraine crisis?3 How the present… Continue reading A fresh blow to globalisation
Insolvency proceeding deadline problem
News: Insolvency and Bankruptcy Code (IBC), 2016 aims for time bound corporate insolvency resolution process or CIRP. Although initially these timelines were adhered, but with time, considerations of factors like livelihood of those related to the company have led to delays. Due to this, the focus has shifted to revival rather than on timely resolution. … Continue reading Insolvency proceeding deadline problem
