Climate responsibility

Source: The post is based on the article “What the new UN climate report reveals” published in the Business Standard on 31st October 2022. Syllabus: GS 3 – Climate change Relevance: About the Climate responsibility at COP 27. News: Two issues may play an important role in the upcoming COP27 — a) Further commitment on global climate responsibility… Continue reading Climate responsibility

CBIC seeks details on digital assets from India’s top crypto bourses

Source– The post is based on the article “CBIC seeks details on digital assets from India’s top crypto bourses” published in the Business Standard on 29th October 2022. Syllabus: GS3- Economy Relevance– Regulation of digital currencies News- The article explains the taxation related provisions on cryptocurrencies. The CBIC wants to bring crypto assets within the… Continue reading CBIC seeks details on digital assets from India’s top crypto bourses

The UK or Korea: What is the ideal benchmark for the size of India’s govts?

Source: This post is based on the article “The UK or Korea: What is the ideal benchmark for the size of India’s govts?” published in the Business Standard on 28th October 2022. Syllabus: GS3 – Indian Economy Relevance: About government expenditure and low taxes. News: The last UK PM has given the “low taxes, high growth” framework… Continue reading The UK or Korea: What is the ideal benchmark for the size of India’s govts?

Bailouts and balances: Tough choices ahead for Sri Lanka

Source: The post is based on an article “Bailouts and balances: Tough choices ahead for Sri Lanka” published in Business Standard on 28th October 2022. Syllabus: GS 2 – International Relations Relevance: measures to improve Sri Lanka’s economic crisis News: Sri Lanka has been witnessing food and energy shortages and political instability for a long period of time. This… Continue reading Bailouts and balances: Tough choices ahead for Sri Lanka

After 5G, here’s how Ambani will use financial services to tighten DNA loop

Source: The post is based on the article “After 5G, here’s how Ambani will use financial services to tighten DNA loop” published in Business Standard on 26th October 2022 What is the News? Reliance is planning to enter into the Financial Services market. It will use the self-reinforcing DNA Loop model to dominate the market.… Continue reading After 5G, here’s how Ambani will use financial services to tighten DNA loop

Genetic Engineering Appraisal Committee approves commercial cultivation of genetically modified mustard yet again

Source: The post is based on the following articles “Years after Bt cotton, GEAC clears environmental release of GM mustard” published in Business Standard on 26th October 2022 “Understanding GM mustard: what is it, and how has it been achieved?” published in Indian Express on 27th October 2022 “Genetic Engineering Appraisal Committee approves commercial cultivation… Continue reading Genetic Engineering Appraisal Committee approves commercial cultivation of genetically modified mustard yet again

The overvalued rupee: Managing exchange rate volatility and forex reserves

Source– The post is based on the article “The overvalued rupee: Managing exchange rate volatility and forex reserves” published in the Business Standard on 27th October 2022. Syllabus: GS3- Indian Economy Relevance– External economy News- The article explains the need for higher foreign reserves for India. What factors explain the need for higher foreign reserves?… Continue reading The overvalued rupee: Managing exchange rate volatility and forex reserves

Protecting competition – on CCI penalty on Google

Source: The post is based on an article “Protecting competition” published in Business Standard on 27th October 2022. Syllabus: GS 2 – Governance Relevance: fines imposed on Google by CCI News: The Competition Commission of India (CCI) has imposed two fines within seven days on Google. What were the reasons behind imposing fine? Fines were imposed for two reasons –… Continue reading Protecting competition – on CCI penalty on Google

Not a pre-election Budget, please!

Source: The post is based on an article “Not a pre-election Budget, please!” published in Business Standard on 26th October 2022. Syllabus: GS 3 – Economic Development Relevance: measures to tackle fiscal deficit News: The finance Ministry has started preparing the Union Budget for 2023-24. It would be presented on February 1, 2023. This budget will be a last full… Continue reading Not a pre-election Budget, please!

Corporate insolvency: Rethinking irregular transactions

Source– The post is based on the article “Corporate insolvency: Rethinking irregular transactions” published in the Business Standard on 26th October 2022. Syllabus: GS3- Indian Economy Relevance– Insolvency process News- The article explains the impact of recent SC judgement on insolvency process. In Anuj Jain Vs Axis Bank Ltd, the Supreme Court (SC) upheld the… Continue reading Corporate insolvency: Rethinking irregular transactions

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