CBDCs can make payments across borders efficient: Das Subject: Economy Section: Monetary Policy In News: RBI Governor highlights the benefits to cross border payments from adoption of the Central Bank Digital Currencies (CBDCs). Key Points: RBI Governor said that the adoption of Central Bank Digital Currency (CBDC), or digital currency, can help in […]

    Decoding the OCCRP’s Adani report Subject: Economy Section: Capital market Introduction: In March 2023, the Supreme Court of India ordered investigations into the Adani-Hindenburg matter. The investigations were directed at the Securities and Exchange Board of India (SEBI) and an Expert Committee to examine potential violations of securities regulations.  The Organized Crime and […]

    RBI flags concerns over a few urban cooperative banks Subject :Economy Section: Monetary Policy Context: RBI Governor notes concerns and vulnerabilities for some urban cooperative banks. Key Points: RBI Governor noted that while the Urban Cooperative Bank (UCB) sector has shown improved financial performance at an aggregate level in recent times, concerns and […]

    Understanding curbs on rice exports Subject: Economy Section: External Sector Introduction In an effort to stabilize domestic rice prices and ensure food security, the Indian government has introduced measures that restrict rice exports. Rice Production Estimate During the Rabi season of 2022-2023, rice production witnessed a decline of 13.8%, resulting in a total […]