Net-zero buildings Subject: Economy Section: Climate Change Context: Net-zero buildings in India witness a rise but lack government guidelines, regulations More on the News: In the last few years, several buildings in India have become net-zero energy buildings by offsetting their total annual energy requirement with renewable energy and by increasing their energy […]
Mercury Pollution Subject: Economy Section: Pollution Context: Kodaikanal Mercury Poisoning Episode Has Lessons for Current, Future Generations Mercury: Mercury is a chemical element with the symbol Hg and atomic number 80. Mercury is a naturally occurring element that is found in air, water and soil. It is a dense, silvery-white metal. It is […]
Carbon Calculator Subject: Economy Section: Climate Change Context: British Petroleum created an advertising campaign that encouraged average people to use a personal carbon calculator. The campaign told consumers that it was time to go on a low-carbon diet – a guilt-laden message that intentionally suggested individuals might halt climate change if only they […]
NSE gets final nod from SEBI for Social stock exchange Subject : Economy Section: Financial Market Concept : The National Stock Exchange (NSE) has received final approval from the Securities and Exchange Board of India (SEBI) to set up a Social Stock Exchange (SSE) as a separate segment of the NSE. About Social […]
OBICUS Subject : Economy Section :Monetary Policy The RBI has been conducting the OBICUS of the manufacturing sector on a quarterly basis since 2008. It stands for – Order Books, Inventories and Capacity Utilization Survey (OBICUS). The survey provides an insight into the demands of the Indian manufacturing sector. The survey covers 2,500 companies both in the public […]
Rupee trade facing friction as bank’s wary of US sanction Subject : Economy Section: External Sector Concept : There is a lack of clarity among banks about the International Trade Settlement mechanism in rupees (INR) and those with exposure to the U.S. are wary of sanctions, the Chairman of India’s Engineering Export Promotion […]
Angel Tax Subject : Economy Section: Fiscal Policy Concept : A senior government official recently said that the ‘angel tax’ provision in the Finance Bill will not impact startups in India. The Finance Bill 2023 has proposed some changes that will remove the exemption for foreign funds and non-resident investors, who will now […]
India and Singapore link payment services Subject : Economy Section :Monetary Policy Concept : India and Singapore have integrated their respective real-time payment network for the first time to facilitate cross-border exchange. India’s Unified Payments Interface (UPI) and its equivalent in Singapore known as PayNow have been conjoined. This will enable transfer of […]
Sticky Inflation and January Spike Subject : Economy Section :Inflation and unemployment Concept : In January, consumer price inflation hit a three-month high of 6.52 percent, compared to 5.72 percent in December, driven by a significant increase in cereal prices and stickiness of core inflation. What contributed to the latest spike in inflation? […]