GM soyameal Topic: Economics Context: The Soybean Processors Association of India (SOPA) has opposed the polutry industry’s demand to extend the deadline for import of genetically modified (GM) soyameal to March 31. Concept: GM Crops: A GM or transgenic crop is a plant that has a novel combination of genetic material obtained through […]
Headline And Core Inflation Subject – Economics Context – Fuel prices quicken WPI inflation to 11.39% in August Concept – To know about Headline and Core Inflation, please click here.
Swing Pricing for Mutual Funds Subject : Economics Context: The markets regulator has floated the concept of swing pricing in debt mutual funds, which would kick in at times of high stress. Concept : The Securities and Exchange Board of India (Sebi) on Monday proposed a swing pricing mechanism for mutual funds to […]
RBI plans digital currency pilots soon Subject : Economics Context : RBI Deputy Governor has stated that the Reserve Bank of India may soon conduct pilot projects to assess the viability of using digital currency to make wholesale and retail payments to help calibrate its strategy for introducing a full-scale central bank digital […]
WPI inflation remains high Subject : Economics Context : Wholesale price inflation has been recorded at 12.07% for June 2021. This follows another month of high wholesale price inflation of 12.94% in May 2021. Concept : The wholesale price inflation is being attributed to a low base effect along with the rise in […]
G-secs: RBI unveils retail direct scheme Subject: Economics Context :The RBI announced the unveiling of a scheme under which retail investors will be allowed to open retail direct gilt accounts (RDG) directly with the central bank. Concept : RDG account can be opened through a dedicated online portal, which will provide registered users […]
Investment in neobanking space plunges Subject: Economics Context: However players say it’s still early days with many more deals in the pipeline. Concept: Neo banks are virtual banks. They are the banks that are only operable online. The bank is not physical but is completely digital. Neo Banking is a technique to provide […]
Q4 current account deficit at 8.1 billion on lower receipts Subject : Economics Context : India’s current account balance recorded a deficit of $8.1 billion (1% of Gross Domestic Product – GDP) in the quarter ended March 2021 (Q4FY21) on the back of a higher trade deficit and lower net invisible receipts, the […]
Centre’s big push to mega IPO Subject : Economics Context : The Centre has now taken another major step towards making insurance behemoth LIC IPO ready by bringing into effect from Wednesday all the 27 legislative changes made to the Life Insurance Corporation Act 1956 through this year’s Finance Act. Concept : With […]
Meme Stocks Subject : Economics Context :Meme stocks, what many believed was a pandemic-induced diversion, seems to be staying on as a trend. Beginning with AMC Entertainment, GameStop and Blackberry, the list of meme stocks keeps on growing. Concept : The term ‘meme stocks’ refers to under-the-radar stocks listed in the US market, […]