Non-Convertible Debentures Subject – Economy Context – Several companies, including IIFL Home Finance, India bulls Housing Finance and Edelweiss Financial Services, have announced public issues to raise funds through non-convertible debentures, offering interest rates between 8.25–9.7%. Concept – Debentures are long-term financial instruments which acknowledge a debt obligation towards the issuer. Some debentures […]
Algorithmic trading Subject – Economy Context – SEBI mulls norms to regulate algo trading by retail investors Concept – Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to place a trade. The trade, in theory, can generate profits […]
Retail Inflation Subject – Economy Context – ‘India’s retail inflation likely accelerated in Nov. to 5.1%’ Concept – The change in the consumer price index over a period of time is referred to as CPI-based inflation, or retail inflation. The CPI is an index measuring retail inflation in the economy by collecting the […]
World Gold Council (WGC) Subject – IR Context – Imports made up 86% of gold supply in 2016-20, says WGC Concept – The World Gold Council is the market development organisation for the gold industry. Its purpose is to stimulate and sustain demand for gold, provide industry leadership, and be the global authority […]
WTO TRIPS Subject – IR Context – PepsiCo Controversy: Globally, India Has Always Refused to Give in on IPR on Plant Varieties Concept – India is a member of multilateral trade rules, the World Trade Organisation (WTO), since 1995. One of the WTO agreements, namely the Agreement on Trade-Related Aspects of Intellectual Property […]
Judicial review of Speaker’s decision Subject – Polity Context – Supreme Court sets aside Manipur Speaker’s order disqualifying three MLAs for defection Concept – Constitutional courts cannot judicially review disqualification proceedings under the Tenth Schedule (anti-defection law) of the Constitution until the Speaker or Chairman makes a final decision on merits. A 28-year-old […]
Global Health Security Index 2021 Subject – Governance Context – World unprepared for future pandemics: Global Health Security Index 2021 Concept – The Global Health Security Index is an assessment of global health security capabilities in 195 countries prepared by the Johns Hopkins Center for Health Security, the Nuclear Threat Initiative (NTI) and […]
Indian Broadcasting and Digital Foundation (IBDF) Subject – Governance Context – No coercive action against digital media without our approval, says Madras HC Concept – The Madras High Court asked the central government not to take any coercive action against digital media companies that are members of Indian Broadcasters and Digital Media Foundation, […]
Daily Practice Sheet 9 December 2021 Daily Prelims Topic E-commerce at WTO RBI keeps the Repo Rates Unchanged Ambergris, the Floating Gold WHO’s latest report on Omicron Variant? Biomarker Variable Reverse Repo Rate (VRRR) Coonoor Ghat Two plant species now extinct in wild Pradhan Mantri Ujjwala Yojana (PMUY) Civil Registration System Law […]