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
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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
Treating the planet well can aid progress
News: The 2020 Human Development Report of the United Nations Development Programme (UNDP), titled “The Next Frontier – Human Development and the Anthropocene” proposed a planetary pressure-adjusted Human Development Index (HDI). This adjustment has been worked out by factoring in per capita carbon dioxide (CO2) emission (production) and per capita material footprint. The purpose is to… Continue reading Treating the planet well can aid progress
India’s nuclear arsenal recently went up the sophistication curve
News: India’s nuclear capabilities have been strengthened recently due to new weapons testing. It has ignited debates around its implications for the regional stability. In the last months of 2021, India conducted 2 missile tests: 1) Shaurya hypersonic weapon test 2) Agni-P missile test. It has increased India’s sophisticated nuclear arsenal with greater diversity of delivery systems. Hypersonic weapons such as Shaurya are… Continue reading India’s nuclear arsenal recently went up the sophistication curve
Sebi issues guidelines for operationalizing gold exchanges in India
Contents1 What is the news?2 What are Electronic Gold Receipts (EGRs)?3 What is Gold Exchange?4 What will be the key features of Gold Exchange?5 What are the benefits of Gold Exchange? What is the news? Government of India has notified the Securities and Exchange Board of India (Vault Managers) Regulations, 2021 to create Electronic Gold… Continue reading Sebi issues guidelines for operationalizing gold exchanges in India
Things to watch for as India, UK launch FTA talks
What is the News? India and the UK will start active consultation to finalize a Free Trade Agreement (FTA). Must Read: What is a Free Trade Agreement(FTA) Why is the FTA with the UK important for India? India-UK FTA will be critical for India at a time when the country has walked out of key FTAs… Continue reading Things to watch for as India, UK launch FTA talks
Public sector banks: More sinned against than sinners
News: PSB’s have played a key role in the “new welfarism” model of the government. However, the immense effort undertaken by the PSB agencies has not been rewarded adequately. In this context, a mere comparison of PSB’s with private sector banks is illogical. Because, three-fourths of the banking sector is burdened with social objectives in… Continue reading Public sector banks: More sinned against than sinners
The new fintech department of RBI has its work cut out
News: Recently, the Reserve Bank of India (RBI) created a new department to supervise and regulate fintech. Through the department, RBI plans to promote innovation in the sector and also identify the challenges and opportunities associated with it. Fintech ecosystem has seen the entry of ‘Big Tech’ like Alibaba, as well as decentralized products and… Continue reading The new fintech department of RBI has its work cut out
