Poverty alleviation: Public goods vs private goods Subject: Economy Section: National Income Context: NITI Aayog put out a report two weeks ago on multidimensional poverty. The index measures deprivation across three equally weighted dimensions – Health, Education, and Standard of living. These three dimensions are represented by 12 indicators such as nutrition, child […]
IND-AS accounting framework partial rollout from April 2024 Subject: Economy Section: Capital market Context:: Top 15 insurance companies, across life and non-life, to adopt the new IND-AS accounting framework from April 1, 2024. Key Points: Insurance Regulatory and Development Authority of India (IRDAI) has announced partial roll-out of new accounting standards for the […]
FPI withdraw funds from India as US Fed, ECB hike rates Subject:Economy Section: External sector In News: FPIs pull out over $1 bn from India in 7 days in view of rate hike by US Fed and ECB Key Points: With interest rates hike in developed markets like the US and the Euro […]
SEBI’s new Online Dispute Resolution (ODR) System Subject: Economy Section: Capital Market In News: SEBI is set to operationalise a new online dispute resolution (ODR) system involving institutions, conciliators and arbitrators for the capital market. Key Points: An investor or client should first take up the grievance with the market participant by lodging […]