Foreign Venture Capital Investors (FVCI) Subject :Economy Section: Capital Market FVCI is an investor incorporated and established outside India, who invests primarily in unlisted securities of Venture Capital undertakings and Venture Capital Funds in India. Venture Capital Funds in turn are pooled investment funds that invest in seek private equity (unlisted) in start-ups […]
Centre’s decision to withdraw Rs. 2000 notes from circulation Subject :Economy Section: Monetary Policy Specifics: Not demonetization: Firstly the note will continue to be legal tender, even though public is encouraged to deposit/exchange these by 30th September. Extended window for deposit/exchange. Reasons: Exact reason not given, but the RBI’s stand is to discourage […]
Adani-Hindenburg Supreme Court Panel Report Subject :Economy Section: Capital Market Context: Supreme Court on Friday (May 19) made public the report of the court-appointed expert panel in the Hindenburg-Adani row case. SEBI) is yet to submit its report, the expert panel in its report disclosed that SEBI has been investigating the ownership of 13 […]
Sovereign Ratings Subject :Economy Section: Capital Market Concept : Sovereign credit rating is an assessment of a country’s creditworthiness. It shows the level of risk associated with lending to a particular country since it is applied to all bonds issued by the government. Generally within the country treasury bills or bonds issued by […]
RBI regulations on green deposits Subject : Economy Section: Monetary Policy Concept : Recently, the Reserve Bank of India (RBI) came up with a regulatory framework for banks to accept green deposits from customers. Under the new framework, banks that accept green deposits will have to disclose more information on how they invest […]
Overseas use of international credit card now part of Liberalized Remittance Scheme limit Subject: Economy Section: External Sector Finance ministry’s changed rule on overseas use of international credit card kicks in from May 16, 2023 What is new change in rules? If you are paying through an international credit card abroad, you need […]
Regulatory Barriers to Trade Subject :Economy Section: External Sector It is a type of Technical Barrier to Trade that countries use to restrict imports from other countries. Broadly trade barriers are tariff and non-tariff. Non-tariff barriers include subsidies, anti-dumping duties, regulatory barriers and voluntary export restraints. Technical Barriers to Trade (TBT) Agreement aims […]
Cong freebies come with heavy price tag for exchequer Subject : Economy Section: Fiscal Policy Freebies that are usually distributed include goods like bicycles, smart phones, TVs, Laptops and waivers on bills (water, electricity, etc.).Freebies and poll promises are different from subsidies which are required for the proper functioning of a government to fulfill peoples’ […]
SEBI allows direct access for FPIs in commodity derivatives Subject : Economy Section: Capital Market What is Direct Market Access? Direct market access (DMA) is a way of placing trades directly onto the order books of exchanges.
London Interbank Offered Rate (LIBOR) Subject : Economy Section: Monetary Policy Concept : The Reserve Bank of India (RBI) has asked the banks and financial institutions to facilitate a complete transition away from the London Interbank Offered Rate (LIBOR) by the 1st of July 2023. London Interbank Offered Rate (LIBOR) LIBOR is a […]