Source: The post is based on the article “RBI, green finance and the blue planet” published in Business Standard on 15th May 2023 Contents1 What is the News?2 How do Climate change-induced risks impact Financial stability?3 What does the other report say about the impact of climate change on financial stability?4 What are the steps… Continue reading Report on Currency and Finance: RBI, green finance and the blue planet
Tag: business standard
For Santiniketan, Unesco World Heritage status has been a decade-long wait
Source: The post is based on the article “For Santiniketan, Unesco World Heritage status has been a decade-long wait” published in Business Standard on 13th May 2023 What is the News? The International Council on Monuments and Sites, a UNESCO advisory body, has recommended that Santiniketan be included in the list of World Heritage Sites.… Continue reading For Santiniketan, Unesco World Heritage status has been a decade-long wait
SC directions to benefit electricity consumers
Source: The post is based on the article “SC directions to benefit electricity consumers” published in Business Standard on 12th May 2023. Syllabus: GS 3 – Infrastructure Relevance: concerns with discoms News: Discoms suffer loss and are mostly involved in litigations. Despite various compliance requirements, discoms continue to be a drag on the economy. SC has recently… Continue reading SC directions to benefit electricity consumers
Anatomy of a bank failure
Source– The post is based on the article “Anatomy of a bank failure” published in the “Business Standard” on 12th May 2023. Syllabus: GS3- Economy Relevance- Issues related to banking sector News– Silicon Valley Bank (SVB) and its holding company, Silicon Valley Bank Financial Group (SVBFG), failed last March. This resulted in the failure of… Continue reading Anatomy of a bank failure
Balancing regulatory approaches
Source: The post is based on the article “Balancing regulatory approaches” published in Business Standard on 11th May 2023. Syllabus: GS 3 – Economy – Capital Market Relevance: concerns with SEBI News: There have been debates over whether regulators should follow a principle-based or rule-based approach (PBA or RBA) in framing regulations for the financial markets. Contents1… Continue reading Balancing regulatory approaches
Fortifying food security – WTO norms should be made more realistic
Source: The post is based on the article “Fortifying food security – WTO norms should be made more realistic” published in the Business Standard on 11th May 2023. Syllabus: GS – 3: food security. Relevance: About issues with AoA. News: Recently, the agriculture committee of the World Trade Organization (WTO) held a special session in Geneva. In that,… Continue reading Fortifying food security – WTO norms should be made more realistic
Controversial calls on predatory pricing
Source: The post is based on an article “Controversial calls on predatory pricing” published in Business Standard on 10th May 2023. Syllabus: GS 3 – Industrial Policy, Infrastructure Relevance: problems with predatory pricing News: The article discusses concerns over predatory pricing by telecom operators. Contents1 What is the issue?2 How has TRAI responded?3 What are the concerns… Continue reading Controversial calls on predatory pricing
Roads, traffic and GDP
Source- The post is based on the article “Roads, traffic and GDP” published in the “Business Standard” on 9th May 2023. Syllabus: GS 2 – Government policies and interventions. GS 1 – Urbanisation News– The article explains the issues of traffic management in India. Why does traffic movement need to be a significant part of… Continue reading Roads, traffic and GDP
India frets over US proposal seeking advance tariff notices at IPEF
Source: The post is based on the article “India frets over US proposal seeking advance tariff notices at IPEF” published in Business Standard on 9th May 2023 What is the News? India fears that a proposal by the United States under the “supply chains” pillar of the Indo-Pacific Economic Framework (IPEF) could violate multilateral rules… Continue reading India frets over US proposal seeking advance tariff notices at IPEF
What critics of the govt miss: Not much is lost if the PLI scheme fails
Source: The post is based on the article “What critics of the govt miss: Not much is lost if the PLI scheme fails” published in Business Standard on 6th May 2023. Syllabus: GS 3 – Growth and Development Relevance: issues with Production-linked Incentive (PLI) scheme and regional free trade arrangements. News: The government is often criticized for… Continue reading What critics of the govt miss: Not much is lost if the PLI scheme fails
