What is the News? The United States has unveiled the ambitious America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (COMPETES) Act, 2022. What is the COMPETES Act, 2022? Aim: a) To open up new vistas for talented individuals from across the world with a new start-up visa and b) To make the… Continue reading Explained: The America COMPETES Act, and how it could increase opportunities for Indians in the US
Tag: Indian express
Indian express articles.
Explained: Fed move and Indian markets
What is the News? The US Federal Reserve has announced that it would end its pandemic-era bond purchases and raise interest rates subsequently. Both these measures are aimed at taming inflation, currently at a four-decade high of around 7%. This is likely to impact emerging market economies such as India. How do US Fed actions… Continue reading Explained: Fed move and Indian markets
Explained: Why artificial snow needs to be pumped to pull off Beijing Winter Olympics
What is the News? A report released by Sport Ecology Group at Loughborough University and Save Our Winters has stated the dangers of artificial snow to be produced at the Winter Olympics in Beijing, China. What is Artificial Snow? Snow that is injected with water to harden it and then treated with chemicals to keep… Continue reading Explained: Why artificial snow needs to be pumped to pull off Beijing Winter Olympics
India ranks 85 in Transparency International’s corruption index
What is the News? The Corruption Perception Index, 2021 has been released. What is the Corruption Perception Index? Released by: Transparency International annually since 1995. Purpose: To rank 180 countries and territories by their perceived levels of public sector corruption according to experts and business people. Scoring: The index uses a scale of 0 to… Continue reading India ranks 85 in Transparency International’s corruption index
Explained: ISRO’s SSLV, a small satellite launcher with big prospects ahead
What is the News? ISRO Chairman has said that the Small Satellite Launch Vehicle(SSLV) named “SLV-D1 Micro SAT” will be launched in April 2022. What is a Small Satellite Launch Vehicle(SSLV)? It is an all-solid three-stage vehicle with the capability to launch up to 500 kg satellite mass into 500 km Low Earth Orbit(LEO). Why… Continue reading Explained: ISRO’s SSLV, a small satellite launcher with big prospects ahead
Explained: Buddhadeb Bhattacharjee refused Padma award – is the recipient’s consent sought?
What is the News? The Padma awards were announced on the eve of Republic Day. As many as 128 people were conferred with the Padma awards this year. While most accepted the award, former West Bengal CM Buddhadeb Bhattacharjee refused to accept it. What are Padma Awards? Padma Awards are one of the highest civilian… Continue reading Explained: Buddhadeb Bhattacharjee refused Padma award – is the recipient’s consent sought?
This winter has been colder, wetter, and largely fogless. Here is why
What is the News? For many people, especially in North India, the winter of 2021-22 is appearing to be unusually cold and unusually long. The days, in particular, have felt colder and chillier than normal. What is happening? Since December 2021, maximum temperatures across the North, Northwest and Central India regions have consistently remained below… Continue reading This winter has been colder, wetter, and largely fogless. Here is why
Lesson from Air India sale: Do more by doing less
News: Air India’s sale is important for three reasons priorities, resources, mindset. It is a template for the Indian state to do more by doing less. Read here: Will privatization take off after the Air India sale? What are the reasons that make the Air India sale important? Priorities: Public commercial enterprises do not perform well in… Continue reading Lesson from Air India sale: Do more by doing less
The consequences of an ill-considered green strategy
News Europe’s push for renewable energy at the cost of conventional fuel may lead to some second and third order effects, which will have global ramifications. What is the issue? As it cannot depend entirely on energy generated through Sun or wind, Europe has been relying more on natural gas to make up the electricity shortfall. Europe’s sudden increased… Continue reading The consequences of an ill-considered green strategy
Covid-19 pandemic has widened economic inequities. Government interventions must be mindful of this challenge
News Since the onset of the pandemic, there has been growing concern that income and wealth disparities have widened in the country during this period. What are the factors that support this view? Pandemic has led to rise in unemployment rate, increase in casualisation of the workforce, rising dependence on MGNREGA and financial distress among MSMEs, along with rising profits of large firms and a soaring stock market. This all point out… Continue reading Covid-19 pandemic has widened economic inequities. Government interventions must be mindful of this challenge
