Tag: business standard

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

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

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!

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

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 the fiscal deficit and the need to avoid pre-election Budget.  News: The Finance Ministry has started preparing the Union Budget for 2023-24. It would be presented on February 1,… Continue reading Not a pre-election Budget, please!

Source: The post is based on an article “Wars aren’t won with peacetime economies” published in Business Standard on 22nd October 2022.  Syllabus: GS 3 – Economy  Relevance: measures that can be taken by the US and Europe to improve their economic condition at the time of war.  News: Russia-Ukraine war has caused concerns towards the economies around the… Continue reading Wars aren’t won with peacetime economies

Source– The post is based on the article “The Rs 40,000-crore defence challenge” published in the Business Standard on 21st October 2022. Syllabus: GS3- Security Relevance– Defence manufacturing News- The article explains the steps taken by the Indian government to boost defence and aerospace exports. Prime Minister Modi gave a call to the aerospace and… Continue reading The Rs 40,000-crore defence challenge

Source: The post is based on an article “India’s trade policy challenges in a changed world” published in Business Standard on 20th October 2022. Syllabus: GS 3 – Economic Development Relevance: measures that Indian can adopt to improve its stand in Global value Chains. News: Global merchandise trade volume is predicted to decline sharply because of slowdown in the major economies and… Continue reading India’s trade policy challenges in a changed world

Source: The post is based on the article “Draft Telecom Bill enhances unease of doing biz amid regulatory overlaps” published in the Business Standard on 19th October 2022. Syllabus: GS 3 – Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Relevance: About the concerns with the draft telecom bill. News: The draft telecommunication Bill was put up for comment last… Continue reading Draft Telecom Bill enhances unease of doing biz amid regulatory overlaps