Context–Author presents the view that although most technologies and tech products deplete our natural resources and contribute heavily to global warming and climate change. However, there is one tech that stands out and rather helps to save the planet that is – Fusion Energy. What is Nuclear Fusion? Nuclear fusion is not a new concept, scientists have known about it since Einstein’s… Continue reading Clean Energy from nuclear fusion is our Planet’s best hope
Tag: Live mint
The NFT promise is overhyped even for creative folks
News: The NFT promise is overhyped. Recently, a column titled ‘NFTs are overhyped but useful for a creative economy’ appeared in Mint. The author of that article opines that non-fungible tokens (NFTs) and the allied technology can alleviate the work-monetization challenges. Without NFTs, the artists and other independent content creators, are left at the mercy… Continue reading The NFT promise is overhyped even for creative folks
How waterways can help improve competitiveness
News: Despite being cost-effective and environment-friendly, domestic waterways play a limited role in hinterland connectivity. Contents1 About inland waterways in India2 What are the benefits of Inland waterways?2.1 Inland waterways and regional trade2.2 Help the economy3 How’s India developing inland waterways? About inland waterways in India India has an extensive network of inland waterways, but they are highly… Continue reading How waterways can help improve competitiveness
Pavlovian responses like travel restrictions won’t stop omicron
News– Discovery of a new coronavirus variant in South Africa, called Omicron, has led to countries once again restricting or entirely eliminating the freedom to travel. Why these knee-jerk reactions like travel bans are not effective? 1) Virus is well on its way to becoming endemic at many places. 2) Also there appears no need to lock away one country when this virus is already on multiple… Continue reading Pavlovian responses like travel restrictions won’t stop omicron
Drone firms seek simpler rules, support for commercial ops
What is the news? Drone Companies have urged the Government to simplify Drone policies and provide better support that would help them scale up manufacturing and take advantage of the production-linked incentive (PLI) scheme. Background The Government of India has announced the PLI Scheme for drone manufacturers, component makers and software companies. The scheme will… Continue reading Drone firms seek simpler rules, support for commercial ops
Covid impact on what we may call a relevant market
News– All-India Mobile Retailers’ Association recently threatened to approach the Competition Commission of India (CCI) against Chinese phone-maker Xiaomi’s alleged bias in favour of online marketplaces over offline retailers. Recently Supreme court allowed CCI to go ahead with an investigation against e-commerce players Flipkart and Amazon. In all these cases terms like Relevant market, dominant position occurs recurrently. India’s Competition Act,… Continue reading Covid impact on what we may call a relevant market
RBI must tackle surplus liquidity on way to policy normalisation
News: Recently, the Monetary Policy Committee (MPC) voted to maintain status quo on policy rates. Some of the key decisions that were taken at the recent the Monetary Policy Committee meeting are – – The repo rate is maintained at 4% and the reverse repo rate at 3.35%. – Forecasts of FY22 GDP growth and… Continue reading RBI must tackle surplus liquidity on way to policy normalisation
Open banking puts banks on notice-Digitise or perish
News– India has unveiled Account aggregator framework in september,2021 that can that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. What is Account Aggregator (AA) framework? An AA is a new class of NBFC approved by the Reserve Bank of India… Continue reading Open banking puts banks on notice-Digitise or perish
What PLFS tells us about India labour market
News– Periodic Labour force survey (PLFS) data shows that the unemployment rate is close to pre-covid levels that as was in the year 2020. What is PLFS It was launched by National statistical office (NSO). It has two objectives -a) To estimate the key employment and unemployment indicators (viz. Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR), Unemployment Rate) quarterly for the urban areas only in the ‘Current Weekly Status’ (CWS). b) To estimate employment and unemployment indicators in both… Continue reading What PLFS tells us about India labour market
NFTs are overhyped, but useful for a creative economy
News: The hype around NFTs may be a gold rush, but it has made an important idea mainstream: Creators need to take back control from Big Tech. Are NFTs a speculative bubble? Couple of factors due to which some experts believe to be speculative bubbles: – Relation of NFTs to Cryptocurrencies, which are in itself… Continue reading NFTs are overhyped, but useful for a creative economy
