DPIIT notifies quality control orders for water bottles and lighters Subject :Economy Section: External Sector Context: Government has notified quality control orders (QCOs) for potable water bottles and flame-producing lighters to enhance public health and safety of consumers. Key Points: Department for Promotion of Industry and Internal Trade (DPIIT) has issued notification for […]
The vegetable price challenge to easing of retail inflation Subject :Economy Section: Inflation Context: Food, veg prices may keep retail inflation above 5% for rest of FY 23-24 Key Points: Rising prices of vegetables — specifically tomato, onion and potato, known as the ‘TOP’ grouping along with other factors may put an obstacle […]
Import of urea will ease by 2025 Subject: Economy Section: Agriculture Concept : Union Minister for Chemicals and Fertilisers, Manukh Mandaviya, proposed a special package worth ₹3.7 lakh crore for farmers to address unbalanced fertiliser use in the country. The nitrogen, phosphorus, and potassium ratio should ideally be 4:2:1, but it currently stands […]
SEBI rejects expert committee observations on Beneficial Owners Subject: Economy Section: Capital Market Context: SEBI has submitted its response to the report of the Supreme Court appointed expert committee to probe the Adani-Hindenburg controversy. The response denies that changes to the law governing disclosure of Beneficial Owners (BO), made identification of the beneficial […]
NHB launches ₹ 10000 cr Urban Infrastructure Development Fund Subject : Economy Section: Monetary Policy In News:National Housing Bank (NHB) on Sunday said it has operationalised the ₹10,000-crore Urban Infrastructure Development Fund (UIDF) announced in this year’s Budget for creation of urban infrastructure in tier-2 and tier-3 cities. Key Points: The initial corpus […]
Borrowings by banks hit a 8 month high of ₹ 5.05 lakh crore Subject : Economy Section: Monetary Policy In News: Outstanding market borrowings of banks touched an eight month high of ₹5.05 lakh crore as of June 16, the highest since October 21, as per data in the Reserve Bank of India’s […]
SEBI: framework for MF Unit Holder Protection Committee Subject: Economy Section: Capital Market In News: In order to protect the interests of unit holders of mutual fund schemes, SEBI has asked asset management companies to constitute a Unit Holder Protection Committee (UHPC) by January 1, 2024 Key Points: UHPC is tasked with safeguarding […]