Tag: business standard

Source: The post is based on an article “Reforming ratings” published in the Business Standard on 31st August 2022. Syllabus: GS 3 – Changes in industrial policy and their effects on industrial growth. Relevance: Credit Rating Agencies (CRAs) Regulations News: Last week, the Securities and Exchange Board of India (Sebi) released a circular modifying the… Continue reading New regulations for the Credit Rating Agencies (CRAs): Reforming ratings

Source: The post is based on an article “India’s chip-making gambit: Ambitious plans or breakthrough strategy?” published in The Business Standard on 27th August 2022. Syllabus: GS 3 – Government policies for various industries Relevance: advantages and concerns associated with the chip-making industry News: This article discusses the benefits and concerns associated with the decision of India, to enter the chip-making industry. Contents1… Continue reading India’s chip-making gambit: Ambitious plans or breakthrough strategy?

Source: The post is based on an article “Pharma needs a dose of regulation” published in The Business Standard on 26th August 2022. Syllabus: GS 2 – Government policies for various sectors  Relevance: Regulating Pharma Companies News: Pharmaceutical marketing requires regulations. Bengaluru-based Micro Labs has been accused of tax evasion and paying doctors Rs 1,000 crore as bribe to prescribe Dolo-650 for… Continue reading Pharma needs a dose of regulation

Source: The post is based on an article “Chips for growth” published in The Business Standard on 25th August 2022. Syllabus: GS 3 – Industries and industrial policies News: India’s attempt to enter the global semiconductor market with a government commitment of $10 billion is well-timed. But the policy decision must be followed up with a lot of work on the… Continue reading Chips for growth

Source: The post is based on an article “Drone strikes: Targeted killings raise troubling questions” published in The Business Standard on 25th August 2022. Syllabus: GS 3 – Science and technology and their effects on everyday life News: Increasing range and unrestricted use of Lethal Autonomous Weapons Systems (LAWS), is a matter of global concern. What are Lethal Autonomous Weapons Systems… Continue reading Drone strikes: Targeted killings raise troubling questions

Source: The post is based on the article “Investing abroad rules revamped to increase ease” published in The Business Standard on 24th August 2022. Syllabus: GS 3 – Economy. News: The Union government recently, strengthened overseas investment rules for Indian entities to impart greater clarity and improve the ease of doing business. Why overseas investment rule is needed? India doesn’t have… Continue reading Investing abroad rules revamped to increase ease

Source: The post is based on the article “The New Drugs Bill” published in The Business Standard on 22nd August 2022. Syllabus: GS 2 – Governance. News: The recently unveiled New Drugs, Cosmetics and Medical Devices Bill, 2022, has left many issues unaddressed. History of laws associated with the AYUSH industry. 1940 – The parliament enacted the Drugs Act in 1940.… Continue reading The New Drugs Bill

Source: The post is based on the article “A red card at last” published in the Business Standard on 20th August 2022. Syllabus: GS 2 Development Processes and the Development Industry — the Role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders. Relevance: Issues and reforms in various sports Association… Continue reading A red card at last