DPN
RBI directions on willful defaulter Subject: Economy Section: Monetary Policy In News: Lenders must classify wilful defaulters within 6 months of an a/c turning NPA. Key Points: RBI has issued a draft paper proposing revisions in the guidelines for handling wilful defaulters: It has expanded the scope for regulated entities that can classify […]
SEBI eases norms for large firms tapping debt market Subject: Economy Section: Capital market In News: SEBI eases norms for large firms tapping debt market Key Points: SEBI eases norms for large corporates tapping debt market in addition to raising threshold for defining large corporates, removes penalty, provides incentives A number of relaxations […]
RBI introduces Basel-III capital framework for All India Financial Institutions Subject: Economy Section: Monetary Policy Context: The RBI has introduced norms on the Basel III capital framework, fund raising, exposure guidelines, and norms on classification and valuation of investment portfolios for All India Financial Institutions (AIFIs), which will come into effect from April […]
Daily Prelims Notes 21 September 2023 Table Of Contents Three Decades After JMM Bribery Scandal, SC To Revisit Verdict On MP, MLAs’ Immunity From Prosecution For Taking Bribe To Vote Before quota, delimitation: What is it, why is it needed Can ISRO’s Aditya L1 mission face any danger after NASA’s Parker Solar Probe […]
IUCN takes up $15b Indian ocean habitat project as part of the Great Blue Wall Initiative Subject : Environment Section: Climate Change In News: Citigroup and BNP among banks exploring $15 billion Indian Ocean project. Key Points: Citigroup Inc., BNP Paribas SA and Standard Chartered Plc are among the banks looking into providing […]
Odisha to join list of wind power States Subject :Geography Section: Economic Geography In News: Odisha is all set to join the list of states that are home to the wind energy industry. Key Points: At present, wind power plants are operational in eight states – Tamil Nadu, Gujarat, Karnataka, Maharashtra, Rajasthan, Madhya […]
Infra needs green ratings Subject :Economy Section: National Income In Brief: Infrastructure while growth promoting has negative effects for environmental and social (E&S) outcomes. Key Points: The National Infrastructure Pipeline (NIP) outlines an investment of ₹111-lakh crore by 2025. These investments carry significant economic potential, with a rupee spent on infrastructure yielding a […]
US economy heading towards a ‘hard landing’ Subject :Economy Section: Monetary Policy In News: US economy likely to experience a hard landing in view of inflation and unemployment numbers. Key Points: The recent inflation and employment data point to two things: First, inflation continues to remain elevated vis-à-vis the US central bank’s goal […]
Wildlife Institute’s biodiversity study for rail project in Western Ghats raises conflict of interest concerns Subject: Environment Section: Protected Areas Context: In August 2017, the Indian Institute of Science (IISc) prepared a biodiversity and environment assessment report for a project proposed by Rail Vikas Nigam Ltd (RVNL) to double the railway track between […]
UN General Assembly 2023: Crucial biodiversity fund gets enough money to be operational Subject: Environment Section: International Convention Context: At a high-level event, Nature and People: From Ambition to Action, at the ongoing 78th session of the United Nations General Assembly in New York, the government of Germany pledged to contribute 40 million […]