BIS designs bitcoin monitor Subject : Economy Section: Monetary Policy In News: BIS has come up with a Bitcoin monitoring system aimed at giving authorities a clearer picture on how, when and where the cryptocurrency is used. Key Points: Bank for International Settlements (BIS) project, codenamed Atlas, began at the Dutch central bank […]

    RBI sets working group on ECL provisioning Subject : Economy Section: Monetary Policy In News: RBI has constituted an external working group on expected credit loss (ECL) based framework for provisioning by banks. Key Points: RBI released a discussion paper in January this year on shifting from the incurred-loss approach to the ECL […]

    India and the WTO Subject: Economy Section: External Sector Why in news? India wanted public stockholding to be moved to the ‘green box’ (subsidies that are permissible). At the outset, there was a compromise that there would be a peace clause. India and others who avail of public stockholding will not be dragged to […]

    SEBI extends timeline for verification of market rumors by listed entities Subject: Economy Section: Capital Market Securities and Exchange Board of India (SEBI) has extended the timeline for verification of market rumors by listed companies. The new dates are February 1, 2024 for the top 100 listed entities by market capitalization, and August […]

    Unemployment Subject: Economy Section: Employment Context: The Bihar government has released some details about the state’s caste survey that was conducted this year Concept: Labour Force Participation Rate (LFPR): Simply put, it gives a sense of how many Indians are “demanding” a job. The “Labour Force” consists of persons who are of 15 years of […]