Family offices ramp up investments in early-stage rounds amidst funding winter Subject :Economy Section: National Income Context: Experts pointed out that besides seed, angel and pre-series A funding rounds, there is now also growing interest among family offices to back Series A to Series C rounds in recent times What is a family office? […]
RBI’s Financial Stability Report (FSR) Subject :Economy Section: Monetary Policy Key points: RBI’s Financial Stability Report (FSR), in its assesment found the banking system and the economy resilient, despite challenging global macroeconomic outlook. The report examines the key indicators of banking health and uses stress test models to project the change in the various […]
Government clears Rs. 3.7 lakh crore agri package Subject :Schemes Key points: Several farm sector measures have been announced by the government, including enhancement of sugarcane fair and remunerative price (FRP). 3.69 lakh crore has been committed for the urea subsidy for three years (2022-23 to 2024-25). The package also includes a Rs. […]
Understanding Greed-flation Subject : Economy Section: Inflation and unemployment Mechanics of inflation: Inflation is the increase in the overall level of prices. In an ideal situation, for an economy to grow, low inflation is desirable. This can be understood through a virtuous cycle of inflation, investment and monetary expansion. Inflation is a signal […]
Daily Practice Sheet 29 June 2023 Current Affairs Based GS 1: History Who is responsible for partition of India. Critically examine contribution of Veer Savarkar GS 2: Polity Analyse the reasons behind organ trafficking in India. GS 3: Economy Why Indian economy has failed to generate jobs? GS 3: Science and tech What […]