News: Nations export culture, ideology, and people to create soft power. They export because they have a competitive edge, superior education system, rich culture, superior political system, and military might. Read more: Hard knocks for soft power Contents1 What are the benefits of Soft power?2 About India’s soft power during ancient times3 About the soft… Continue reading Soft power: Who does it help?
Tag: business standard
Protecting gig workers
News: The Supreme Court recently made a significant intervention by admitting a public interest litigation from the Indian Federation of App-based Transport Workers. PIL seeks to classify gig workers as wageworkers entitled to social security and other employment benefits Meanwhile, the Code on Social Security, which covered unorganised workers, gig workers and platform workers for… Continue reading Protecting gig workers
Cabinet approves Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India
What is the news? The Union Cabinet has approved a scheme to boost semiconductor and display manufacturing in the country. About Scheme for Development of Semiconductors and Display Manufacturing Ecosystem Aim: To provide attractive incentive support to companies that are engaged in Silicon Semiconductor Fabs (Fabrication plants), Display Fabs, Compound Semiconductors / Silicon Photonics /… Continue reading Cabinet approves Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India
On Algorithmic trading/Algos: Regulate, don’t stifle
News: In a consultation paper last week, the Securities and Exchange Board of India (SEBI) proposed regulating retail or third-party algorithmic trading (algos). Contents1 What is algorithmic trading/Algos?2 What are the risks involved in algorithmic trading/ Algos?3 Why SEBI wants to regulate retail or third-party algorithmic trading?4 What are the proposed regulatory changes?5 What are… Continue reading On Algorithmic trading/Algos: Regulate, don’t stifle
India loses WTO dispute over sugar subsidies; set to file an appeal
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
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
