Tag: business standard

Source- The post is based on the article “Digital India’s two realities: A yawning gap between tech use & tech skills” published in the “Business Standard” on 15th May 2023. Syllabus: GS3- Economy. News– The article explains the issues of digital divide and skilling in digital technology in India What are major insights from Multiple… Continue reading Digital India’s two realities: A yawning gap between tech use & tech skills

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

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

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. What… Continue reading Balancing regulatory approaches

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

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. What is the issue? In the last month, Bharti Airtel alleged that Reliance… Continue reading Controversial calls on predatory pricing

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