News: Recently, the Reserve Bank of India (RBI) has hiked the main policy rate like the central bank of the western economies. Further, Holcim, MNC of cement making is rearranging its portfolio (sell in India) to fit its climate adaptation plan for 2025. Contents1 Why was the policy rate hiked? 2 Impact of the policy hike 3… Continue reading Climate arbitrage: Cost of carbon versus capital
Tag: Live mint
What severe disruptions taught us about supply chain resilience
Context: Events like Covid Pandemic, the Russia-Ukraine war have highlighted the importance of global supply chains for economic resilience. The global events of the last 2 years have proved that intermediate goods procurement is really important. For example, the shortage of semiconductors has upset the production schedules of automobile companies across the world. How have… Continue reading What severe disruptions taught us about supply chain resilience
How does a trade deal with the EU shape up?
Contents1 What is the News?2 How is the trade relationship between India and the EU currently?3 How will the FTA with the EU help India?4 Why is the FTA with India important for the EU?5 What are the stumbling blocks in India-EU FTA? What is the News? After signing comprehensive economic and trade agreements with… Continue reading How does a trade deal with the EU shape up?
Rising inflation cannot be fought well without global coordination
Context: Inflation has suddenly become a major global problem. However, inflation is one of the least understood phenomena within economics and requires much more research. Many major and small countries of the world, like the US, Turkey, South Korea, EU, Bangladesh, and Sri Lanka are facing the problem of inflation. However, fine-tuned management of inflation… Continue reading Rising inflation cannot be fought well without global coordination
Let us not underestimate deprivation in the country
Context: Status of extreme poverty in India prior to the pandemic is unclear. The most recent survey data (2017-18) was not officially released, but leaked reports showed a fall in real consumption and an unprecedented rise in poverty. In the absence of recent official data, two studies have attempted to estimate the numbers: – An… Continue reading Let us not underestimate deprivation in the country
The cost of Internet shutdowns in India, in charts
What is the News? According to the Tech Policy think tank Access Now, India for the fourth year in a row recorded the highest number of internet shutdowns in the world in 2021. Internet Shutdowns in India Between 2016 and 2021, internet services faced varying restrictions in at least 567 instances in India. This is… Continue reading The cost of Internet shutdowns in India, in charts
No one can be forced to get vaccinated:Supreme Court
Contents1 What is the News?2 What was the case about?3 What was the judgement of the Supreme Court?3.1 No Forced Vaccination3.2 Set up the virtual public platform3.3 Vaccine Trial Data be made public What is the News? The Supreme Court has said that no person can be forced to get vaccinated against COVID-19 and asked… Continue reading No one can be forced to get vaccinated:Supreme Court
Commerce dept seeks ₹6k crore for ‘Districts as Export Hub’
What is the News? The Directorate General of Foreign Trade(DGFT) has sought ₹6,000 crores from the Finance Ministry for its proposed Districts as Export Hubs scheme. What is the “Districts as Export Hubs Scheme”? Nodal Ministry: Ministry of Commerce and Industry. Type: Centrally Sponsored Scheme. Part of: The Scheme will be part of the new… Continue reading Commerce dept seeks ₹6k crore for ‘Districts as Export Hub’
Our two-speed ties with the US need convergence
News: The four-nation Quad summit is going to be held in Japan. The leaders will meet in-person. The US President and Prime Minister of India are going to meet in-person and have talks on bilateral relations. What is the convergence of interests between India and the US? Both countries have acknowledged that there is a… Continue reading Our two-speed ties with the US need convergence
The world is short of time and not minerals for climate action
Context: The overlapping effects of the Russian invasion of Ukraine, covid-related supply chain disruptions and high inflation have all led to narratives that the clean-energy transition will be highly inflationary—or that it will stall. The worries usually centre on the implications of soaring demand for commodities such as cobalt, lithium, nickel and copper that are… Continue reading The world is short of time and not minerals for climate action
