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
Tag: business standard
India successfully launches Supersonic Missile Assisted Torpedo 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 their range. To overcome that, the Defence Research and Development Organisation (DRDO) has developed the SMART system. This… 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
About the foreign aids: Imagine: The common good
News: In recent years, Canada, Australia, and the UK have merged their independent aid ministries with their foreign ministries. Germany and other countries are also considering such a merger. What are the reasons behind the merger? 1. Increase efficiency of aids, 2. Enhance cross-government coherence, 3. Aid will serve the national interest. For instance, countries… Continue reading About the foreign aids: Imagine: The common good
On Agri reforms: Setback for reforms
News: Farm groups have ended the protests against the three agricultural laws. The Green Revolution policies have benefitted only those who grow wheat, rice, and sugar and in limited regions. These policies offered heavily subsidised inputs and an assured market and price for their products. For the majority of the farmers growing other crops and… Continue reading On Agri reforms: Setback for reforms
