India to focus only on 40nm chips at present Subject: Economy Section: Monetary Policy Key points: India to currently focus on mature nodes like 40nm chips only, and will focus on fab later. Earlier, the government was seeking 28nm plants in the country, but position has changed owing to assessment of challenges and […]
What is interest rate risk and why does it matter? Subject: Economy Section: Monetary Policy Interest rate risk is the possibility of loss to an investor who owns any debt based instrument, such as bond or debenture resulting from an increase in the current interest rate offered for a similar new debt instrument. […]
Manipur invokes RBI’s riot provisions to aid borrowers Subject :Economy Section: Monetary Policy Concept : The Manipur state government has announced that the whole State has been impacted due to the riots and violence which has also affected the economic activities and livelihood of the public. In order to provide the much-needed relief, […]
CERC to initiate appointment of market coupler Subject : Economy Section: Infrastructure Context: Government has recently asked the Central Electricity Regulatory Commission (CERC) to initiate the process for appointment of a market coupler. Key Points: Market coupler is a centralised body set up to discover a single price that will be applicable to […]
TRAI floats consultation paper on Regulatory Sandbox Subject : Economy Section: Infrastructure Key Points: Telecom Regulatory Authority of India (TRAI) has come out with a consultation paper on encouraging innovative technologies through Regulatory Sandbox. What is a Sandbox ? Sandbox is a tool that provides a safe virtual space for any new product, […]
Why inflation and WPI are down but not all prices Subject : Economy Section: Inflation and unemployment Key Points: The headline inflation measured by the Consumer Price Index (CPI) has moderated to around 5% the WPI is – 3.48% for the month of May. But still the household items seem expensive to ordinary […]
Adverse climate events can increase inflation Subject : Economy Section: Inflation and unemployment Context: RBI Governor noted in the MPC minutes that adverse climate events can change inflation trajectory. Key Points: The MPC panel has revised the CPI projection to 5.1 per cent and the real GDP growth target at 6.5 per cent. […]