March wholesale price rise slows to 1.34% on base effect Subject :Economy Section: Inflation and unemployment Context: Wholesale price index-based inflation fell to a 29-month low of 1.34 per cent in March due to moderation in prices of manufactured products, commodity prices and a favourable base effect, data released by the Ministry of […]
Private Equity and Venture Capital Funds’ Investments Decline 4% To $5.3 Billion In March Subject :Economy Section: National Income Concept – Venture capital and private equity are two types of financial assistance that are used by companies in different stages. Private Equity is a large investment in developed companies and venture capital is a small investment usually made […]
Passive funds’ AUM grows 34% in FY23 nears ₹7 lakh crore Subject :Economy Section: National Income Passive investing refers to a strategy adopted by investors to optimize their returns by buying and holding a broad base of securities rather than churning portfolios by buying and selling them frequently. The main aim is not […]
Consensus on definition of startups among G20 nations may emerge by July Subject: Economy Section: National Income Context: G20 nations are working towards agreeing on a common definition for start-ups by July this year to help create an ecosystem that will enable global policymaking, say officials. A G20 Startup20 Engagement Group was formed recently to […]
Dabba Trading Subject : Economy Concept : The National Stock Exchange (NSE) issued a string of notices naming entities involved in ‘dabba trading’. What is ‘dabba trading’? Dabba (box) trading refers to informal trading that takes place outside the purview of the stock exchanges. Traders bet on stock price movements without incurring a […]
DPIIT in talks with IBA to improve banks’ outreach to start-ups Subject: economy section: national Income The Department for Promotion of Investments and Internal Trade (DPIIT) is in discussions with the Indian Banks Association (IBA) on ways to get banks to reach out to Indian start-ups to understand their financial requirements and help improve penetration […]
Govt. unveils Quality Control Orders for technical textiles Subject: Economy Section : External sector Concept: The Ministry of Textiles has announced two Quality Control Orders (QCOs) for 31 technical textile items which include 19 geo textile and 12 protective textile products. The latest QCO is the first-ever technical regulation for technical textile products […]
IPO pricing Subject : Economy Section: Capital market The Securities and Exchange Board of India (SEBI) on Tuesday asked stock exchanges to set a “common equilibrium price” for stocks on the first day of the listing post the IPO in order to remove any ambiguity over price discovery. Currently, the price discovery for […]
Lens on inflation-targeting Subject: Economy Section: Monetary Policy Context: Last week, the Reserve Bank of India (RBI) decided to stop raising interest rates. This was unexpected — since May 2022, RBI had consistently raised interest rates, trying to pull runaway inflation down closer to its target 4%level. India’s central bank is required by […]