News: Indian housing sector is struggling a lot due to stalled housing projects, which has led to a loss of output and jobs. What are the problems associated with housing projects? Fear psychosis among buyers: Customers today are reluctant to pay advances as they are not sure whether the project will complete or not. So, they… Continue reading Propping up the property market – Issues facing Housing Sector
Tag: business standard
Writ petition not maintainable against proceedings by banks: SC
What is the news? The Supreme Court has observed that a writ petition by borrowers challenging proceedings under SARFAESI Act initiated by Bank/Asset Reconstruction Companies is not maintainable. What was the case about? A writ petition was filed in the Karnataka High Court by borrowers challenging proceedings under SARFAESI Act initiated by Asset Reconstruction Company… Continue reading Writ petition not maintainable against proceedings by banks: SC
Cutting corporate debt
News: Indian companies are deleveraging i.e. that is there is reduction in their borrowed debt. This trend is likely to continue, specially in the present pandemic situation. What are the indicators of deleveraging by Indian companies? The debt-to-equity ratio of listed firms dropped to a six-year low of 0.59 in 2020-21, compared to 0.73 in… Continue reading Cutting corporate debt
Origins of the species – On human evolution
News: The understanding of the Human evolution has evolved much more compared to early 20th century due to contributions of Leaky family. The article highlights the contributions made by British-Kenyan Leaky family to the understanding of origins of Homo sapiens. Until about the middle of the 20th century, it was a common belief that Homo sapiens evolved around 50,000-60,000… Continue reading Origins of the species – On human evolution
India’s tariff gap has widened over China over two years on the trot
What is the news? India recently raised issues in WTO over China’s claims to easier norms as a developing country. China, on the other hand said there is no uniform definition of developing countries and it is still lagging behind more developed nations of the world. What are the difference in tariffs between China, India… Continue reading India’s tariff gap has widened over China over two years on the trot
How real is the GST boost?
News: The government is delighted over the steady improvement in the collection of goods and services tax (GST) in recent months GST collections have crossed the Rs 1-trillion mark for each of the last six months beginning July 2021. The buoyancy in GST collections provides the much-needed revenue cushion to government finances and for preparing… Continue reading How real is the GST boost?
DRDO Flight Tests Final Deliverable Configuration of MPATGM
What is the News? Defence Research and Development Organisation (DRDO) has successfully flight tested the Man Portable Anti-Tank Guided Missile (MPATGM). What is a Man Portable Anti-Tank Guided Missile (MPATGM)? MPATGM is an indigenously developed low weight Anti-Tank guided fire & forget missile. Note: An anti-tank missile is a missile that is created to destroy… Continue reading DRDO Flight Tests Final Deliverable Configuration of MPATGM
Managing biomedical waste
News: Since the outbreak of Covid pandemic, there has been rise in the Safe handling and elimination of biomedical waste. Read here: 23 states at additional Covid risk due to Biomedical waste Contents1 What are the challenges associated with biomedical waste?2 What are the government initiatives to handle biomedical waste?3 What are the challenges associated with the… Continue reading Managing biomedical waste
Dealing with Sri Lanka
News: Sri Lanka is facing a debt crisis and it has asked for assistance from China. Sri Lanka is facing a debt crisis due to various factors, such as; Fitch Ratings has downgraded Sri Lanka’s debt to the leveljust above default. Country’sforeign debt had reached 42.6 per cent of gross domestic product. It has to pay… Continue reading Dealing with Sri Lanka
The difficulty in spending
News: According to GDP accounting, Government consumption in the September 2021 quarter, was 17% lower than in September 2019. If the government spending had instead grown at the pace seen pre-Covid, the overall GDP would have been 4% higher than in September 2019. Contents1 Why, a shortage of funds is not the reason for this lack… Continue reading The difficulty in spending
