Pledging of shares Subject : Economics Concept : A pledge of stock or share pledge means using shares as collateral and taking a loan against them. Shares are basically the assets of the company or a shareholder. Pledging is a way by which the promoters of any company take a loan against the […]
SEBI gets strict on beneficial owners hiding behind FPIs Subject : Economics Concept : Market regulator SEBI is now going behind the corporate veil of the foreign portfolio investors in the aftermath of the allegations that have emerged against Adani Group. In India, it has been noticed that in a large number of […]
Understanding Financial Markets Subject: Economics Concept: Financial market refers to a place where buyers and sellers participate in the trade. It is platform that facilitates traders to buy and sell financial instruments/securities. The main functions of the financial market are : It provides facilities for interaction between the investors and the borrowers. It […]
Don’t need to revise 4 per cent inflation target, focus remains on core CPI: RBI Governor Subject: Economics Section: Inflation and Unemployment Context: RBI does not feel there is a need to revise the inflation target 4 per cent RBI recently admitted that core inflation has remained sticky at over 6 per cent […]
Interest rates likely to go up Subject: Economics Context: Recently, RBI has hiked the Repo rate by 50 basis points, which now stands at 5.90 %. Concept : The RBI raised the Repo rate by 50 basis points to 5.90 in the last monetary policy review as the Monetary Policy Committee (MPC) seeks […]
Government releases 7183 crore deficit grant to 14 states Subject: Economics Context: Finance ministry released the monthly instalment of the revenue deficit grant of 7183 crores. Concept: About the Post Devolution Revenue Deficit (PDRD): The Centre provides the Post Devolution Revenue Deficit Grant to the States under Article 275 of the Constitution. The […]
Missing Inflation Target Subject : Economics Context : RBI Governor Shaktikanta Das says letter to govt on missing inflation target will not be made public. Concept: RBI Governor Shaktikanta Das called the communication between the central bank and government privileged and said that the letter that it would be writing for missing inflation […]
CAD widens to 2.8 percent of GDP Subject :Economics Context: Reserve Bank of India data shows that India’s current account deficit has widened to 2.8% of GDP in April- June period when compared to 1.5 % in the preceding quarter. It is also observed that India’s external debt has declined by 2.5 billion […]
RBI on NBFC Topic: Economics Context: RBI supersedes the board of Anil Ambani’s Reliance Capital Concept: RBI on NBFC regulation: Recently, the Reserve Bank of India (RBI) has proposed a tighter regulatory framework for Non-Banking Financial Companies (NBFCs) by creating a four-tier structure with a progressive increase in intensity of regulation. It has […]
GI tag Topic: Economics Context: Marthandam Beekeepers’ Co-operative Society Ltd. In Kanniyakumari district has filed an application seeking geographical indication (GI) tag for Marthandam honey. The honey produced in Marthandam has been certified as AGMARK ‘A’ grade by the Government of India. Concept: GI tag: It is an insignia on products having a […]