News: The Union Ministry of Commerce and Industry recently issued a statement that all imports of paper products — from newsprint to letter paper — will require pre-registration. From October 1, according to the new requirements, imports will be subject to a Paper Import Monitoring System, which will require importers to register themselves in a… Continue reading Another anti-trade action
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Of lungs, trees and sin stocks
Context: In 1987, the World Health Organization (WHO) marked ‘World No Tobacco Day’ to bring attention to the ill-effects of tobacco. ‘Poisoning our planet’ is the theme for May 31 this year, in an effort to highlight the ill-effects of tobacco on the environment. Meanwhile, large corporate enterprises themselves are making efforts to reduce the… Continue reading Of lungs, trees and sin stocks
Linking science and innovation
Context: As per Wilhelm von Humboldt, the purpose of a research university is to search for knowledge. However, it is said that such knowledge becomes more beneficial when it walks out of the university’s door in the heads of its students. Contents1 About the linear model of innovation2 Shortcomings in the model3 Importance of public… Continue reading Linking science and innovation
India’s aversion to Chinese investments and how geopolitics impacts PLI
News: Many countries are competing for the share in investments coming out of China. India is facing heavy challenges from other countries. Countries have been trying to attract companies leaving China for various reasons. Apple has started leaving China and other companies may follow. Many South-East countries such as Vietnam, Malaysia, Indonesia and Thailand are… Continue reading India’s aversion to Chinese investments and how geopolitics impacts PLI
Power for growth
News: The coal shortage could worsen the power crisis in the coming months in India. According to news reports, an internal assessment of the power ministry shows the shortage could increase in the September quarter, which can lead to widespread outages. The domestic production of coal is unable to keep pace with rising power demand.… Continue reading Power for growth
Cyber safety
Context:The recent ransomware attack targeting SpiceJet has put a spotlight on one of India’s biggest cyber-vulnerabilities. Contents1 Why India needs to strengthen its cybersecurity architecture?2 How does a ransomware work?3 What are the challenges involved?4 What is the way forward? Why India needs to strengthen its cybersecurity architecture? Both government services and private sector businesses… Continue reading Cyber safety
For India, economic entropy presents both an opportunity and big challenge
Context: Entropy, or the disorder in a system, is a concept not usually used to understand economic trends, but it best describes the disorder and randomness at work today. What are some negative economic trends since the start of 2022? Energy costs rising, the trade balance turns more negative, the fiscal balance deteriorating, portfolio capital… Continue reading For India, economic entropy presents both an opportunity and big challenge
Knotty supply chains deepen global chip shortage
News: Recently, Toyota Corporation has been struggling to meet its production targets. It has apologised to its suppliers and customers a third time in less than two months for delaying making new vehicles and changing production plans. Nature of Semiconductor Industry The manufacturing process is a complex, and interconnected ecosystem with its own ebb and… Continue reading Knotty supply chains deepen global chip shortage
The Indian consumer will have to spend more for a little longer
News: In April 2022, the consumer price index-based inflation for food had reached 8.4%. This implies that the gap between wholesale and retail food inflation has been narrowing, suggesting a higher pass-through of input costs. Contents1 Situation of Inflation2 What are the causes of concern?3 Why is food inflation surging?4 Impact of the inflation5 Measures… Continue reading The Indian consumer will have to spend more for a little longer
India can’t feed the world with a major chapaati crisis at home
News: India has imposed ban on wheat import amid the global food crisis. What are the reasons behind the export ban by the government? First, this year India’s wheat output is around 6.5% less than the previous year. Second, the hottest March in 122 years has stunted grain formation. Last year, a kilogram of Indian… Continue reading India can’t feed the world with a major chapaati crisis at home
