RBI governor-headed FSDC-SC resolves to remain vigilant against external vulnerabilities Subject :Economy Section: Monetary Policy Context: Under RBI Governor Shaktikanta Das’s leadership, the FSDC-SC resolved to stay watchful against vulnerabilities in the financial system and broader economy amidst global uncertainty. Key Highlights: Review of Developments: The Sub-Committee reviewed global and domestic macroeconomic and […]

    The problems with the Prime Minister’s economic claims Subject :Economy Section: National Income Context: PM Modi’s aim for a $5 trillion economy by 2025 is disrupted by COVID-19. Challenges remain in evaluating India’s economic claims and global ranking amidst recovery and political goals. Key Problems Use of Nominal GDP: The Prime Minister uses […]

    Crossing the tipping point of electric car adoption Subject :Economy Section: Infrastructure Context::: The critical EV tipping point is at 5 per cent of new car sales. This threshold signals the start of mass adoption, when technological preferences rapidly flip. Key Points: Why 5 per cent is so important ? Most successful new […]

    Short Selling in Adani shares led to substantial gains for select FPIs Subject :Economy Section: Capital Market Context::ED investigation report finds huge gains made by 12 FPIs engaged in short-selling Adani stock during the Hindenburg controversy. Key Points: The Enforcement Directorate (ED) has concluded, after a preliminary investigation into the Hindenburg Research report […]

    Sebi modifies the ‘fit and proper’ criteria for market infrastructure institutions (MIIs) Subject :Economy Section: Capital market Context:: SEBI has tweaked the framework regarding the ‘fit and proper’ criteria after the original law faced objections from market participants. Key Points: SEBI has tweaked the framework regarding the ‘fit and proper’ criteria for stock […]

    SEBI new disclosure norms may impact over 200 FPIs Subject : Economy Section: Capital market In News: Over 200 foreign portfolio investors will be impacted by the Securities and Exchange Board of India’s new disclosure norms that are set to become operational from November 1 2023. Key Points: Securities and Exchange Board of […]

    PMJDY accounts surpass 50 crore, deposits touch ₹2 lakh cr Subject: Economy Section: Monetary Policy PMJDY Achievements and Deposits PM Jan Dhan Yojana (PMJDY) celebrates nine years, crossing 50 crore bank accounts. Launched on August 28, 2014, with the aim of financial inclusion for all. Total deposits in PMJDY accounts exceed ₹2 lakh […]