TYPES OF STARTUPS Subject : Economics Context :Investors infused a whopping $4.4 billion into Indian start-ups in the January-March quarter, according to data sourced from market research firm Venture Intelligence. This is a decent 26% increase over the same period last year. Concept : Soonicorns are startup companies that have a good possibility […]
FPI Subject : Economics Context : Three countries – the US, Mauritius and Luxembourg — accounted for more than 50 per cent of the total foreign portfolio investment (FPI) that India received so far. Concept : Out of Rs 44.62 lakh crore investment, US investors accounted for Rs 15.38 lakh crore, Mauritius Rs […]
INSURANCE PENETRATION & DENSITY Subject: Economics Context: In yet another remarkable move, both the houses of Parliament have passed the Insurance Amendment Bill in the budget session. The Bill amends the Insurance Act 1938, increasing the FDI limit from 49% to 74%. Concept: Insurance Penetration Insurance penetration measures the contribution of insurance premium […]
WPI INFLATION Subject: Economics Context : Official data released on Thursday showed inflation, as measured by the wholesale price index (WPI), accelerated to 7.4% in March, higher than the 27-month high of 4.2% in February. Concept: Wholesale Price Index (WPI) The Wholesale Price Index represents the price of a basket of wholesale goods. […]
BOND YIELDS Subject: Economics Context: India’s 10-year yield spikes as RBI bond-purchase results disappoint Concept: Bond is an instrument to borrow money. A bond could be floated/issued by a country’s government or by a company to raise funds. The yield of a bond is the effective rate of return that it earns. But […]
SMALLCASES Subject: Economics Concept: A smallcase is a basket of stocks that may reflect a particular investment theme, idea or a sector. So, a dividend-yield smallcase may be made up of high dividend paying stocks and an IT smallcase, of leading software firms. Smallcase today hosts dozens of ready-made portfolios and investing strategies […]
NEW UMBRELLA ENTITIES Subject: Economics Context: Wary of the additional costs, the Reserve Bank of India (RBI) is reportedly looking to outsource direct and supervisory control over the New Umbrella Entities (NUE). Concept: New Umbrella Entities (NUEs): NUEs will be a non-profit entity that will set-up, manage and operate new payment systems, especially […]
DIRECT TAX Subject : Economics Context : The Centre’s direct tax collections, net of refunds, were estimated at Rs 9.45 lakh crore during 2020-21, around 5% higher than the revised estimates of Rs 9.05 lakh crore for the financial year, the government said. Concept : A direct tax is a tax that a […]
ALTERNATIVE INVESTMENT FUNDS Subject : Economics Context : Markets regulator Sebirationalised the reporting requirements for alternative investment funds in order to provide ease of compliance for such entities. Concept : AIFs As defined in Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012, AIFs refer to any privately pooled investment fund, […]
APPRECIATION & DEPRECIATION OF RUPEE Subject : Economics Context : Indian Rupee fell sharply by 105 paise against the dollar on Wednesday. Concept : Appreciation and Depreciation of Currency In a floating exchange rate system, market forces (based on demand and supply of a currency) determine the value of a currency. Currency Appreciation: […]