Contents1 What is the News?2 What is the Investment Portfolio of Banks currently?3 What are the changes proposed by RBI in these three categories?4 Definition of Held to maturity(HTM)5 Definition of AFS6 Other points mentioned in the Article6.1 Indian Accounting Standards(Ind AS) What is the News? The Reserve Bank of India proposed a new investment… Continue reading FVTPL Account: Banks may get a new investment category
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On Pak’s National Security Policy document: Pakistan gets serious
News: Pakistani National Security Division’s latest National Security Policy document released recently. There are five key takeaways for India. By this, it can be inferred that Pakistan has started looking inwards (domestic issues). Must Read: Pakistan’s National Security Policy: Pakistan security policy seeks 100 years of peace with India, but with caveat What are the… Continue reading On Pak’s National Security Policy document: Pakistan gets serious
If Siachen is back on Indo-Pak agenda, it is good news
News: Recently, the Indian Army Chief, General Naravane, in his press conference reportedly made a reference to the possibility of “demilitarisation of the glacial region” in Siachen. He said that Pakistan would have to first authenticate respective troop positions along the 110-km long actual ground position line (AGPL) in the Siachen-Saltoro Ridge region for any… Continue reading If Siachen is back on Indo-Pak agenda, it is good news
Inflation heresy mustn’t always be rejected out of hand
News: Inflation has been on the rise in most part of the world. This has once again started the debate on the best way to restore price stability. What are various strategies to deal with Inflation? Old/orthodox method-This involves the reduction in spending and raising of interest rates. But this method often has side effects (such as bankruptcies and rising… Continue reading Inflation heresy mustn’t always be rejected out of hand
Why India’s Health data needs a booster jab
News: India’s health data system is not functioning properly. It requires a complete overhaul. About 16 years ago, HIV AIDS was threatening to become a pandemic. Then, no answers were available on the questions related to the prevalence of the disease, due to the unavailability of data. The situation, even today, has not improved much.… Continue reading Why India’s Health data needs a booster jab
Shifting demand patterns must guide state excise policy design
News: Policymakers need to design their tax policies after studying the market trends and available data carefully. Contents1 How a change in the consumer sector can impact the market?2 What is the status of the alcohol beverage sector in India?3 Why the data of consumer pattern change is useful for policymaking?4 What is the status of… Continue reading Shifting demand patterns must guide state excise policy design
Watch out for an official central bank digital rupee on its way in
News: The likelihood of launching a central bank digital currency (CBDC) in India is a credible possibility. What are the challenges to introducing CDBC in India? India has at least 500 million people with no access to a smartphone (Statistica reports the use of 845 million phones in 2021). Large numbers have neither an Aadhaar… Continue reading Watch out for an official central bank digital rupee on its way in
Re-skilling and upskilling with digital interventions
News: In a world where technology advances with every passing day, employees need to keep updating their domain knowledge to keep their work performance up to the mark. The responsibility to help them reshape their skills thus falls on the shoulders of every organization. Why it is imperative to re-skill and upskill employees? Here are… Continue reading Re-skilling and upskilling with digital interventions
Government initiatives to tap green energy: Centre explodes plan to run ships fully on clean energy
What is the news? The Indian government is planning to introduce various measures/ strategies to use green energy and carbon emission-free fuels. What are the various initiatives of the government to tap green energy? Use of green energy to run ships: The government is planning to run ships 100% on green energy by adopting a hybrid… Continue reading Government initiatives to tap green energy: Centre explodes plan to run ships fully on clean energy
The pros and cons of big data used as economic signals
News: Big data is being used for various types of analysis like economic growth. However, there are certain pros and cons linked to this type of analysis. Google recently released some anonymized data for India, based on mobile phone locations of the users. As per the data, People are spending more time at home, rather than at work places or… Continue reading The pros and cons of big data used as economic signals