CCI to unveil ‘leniency plus’ draft norms soon Subject: Economy Section: National Income In News: CCI to unveil leniency plus draft norms soon to tackle cartels. Key Points: CCI to soon unveil draft of game changing Leniency Plus norms in relationship to anti-competitive activity of cartelisation. Companies under scrutiny to be offered incentives […]
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 […]
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 […]
Is Bima Sugam a ‘UPI moment’ for insurance sector Subject: Economy Section: Monetary Policy In News: IRDAI claims that the proposed Bima Sugam is a “game changer” and a “UPI moment” for the insurance segment. Key Points: IRDAI claims that the proposed Bima Sugam is a “game changer” and a “UPI moment” for […]
FM stresses urgent need for reliable crop yield estimates Subject: Economy Section: National Income In News: Finance Minister makes a strong pitch for generating real-time assessments of likely yields for all essential crops, starting with pulses and oilseeds that India often needs to import. Key Points: Finance Minister made a strong pitch for […]