What explains rebound in credit growth Subject: Economy Context: With credit growth outpacing deposit growth, credit-deposit ratio has been on the rise. Details: Credit growth to agriculture and allied activities, Industry–large industry and micro-small industries, Services sector, personal loans –witnessed a rise. What does the above trend indicate? The credit-deposit ratio has been […]
Crypto’s Lehman Brothers moment Subject: Economy Context: FTX, the world’s second biggest crypto exchange, went bankrupt, affecting an estimated 10 lakh-plus people who were barred from withdrawing funds. Details: The FTX collapse shook investors’ confidence and prompted further selloff in cryptocurrencies. It can be called the crypto industry’s Lehman Brothers moment – referring […]
Permacrisis Subject: Economy Context: The Collins Dictionary’s word of the year for 2022 is “permacrisis”. Details: In April 2021, policy analysts in Europe saw it as defining the era in which we live. Concept: Permacrisis, which became Britain’s word of the year for 2022, is a term that describes the extended period of […]
SEBI proposes to half disclosure time Subject: Economy Context: Securities and Exchange Board of India (Sebi) has amended NCS (Issue and Listing of Non-Convertible Securities) Regulations and in another notification, notified rules reducing the minimum holding requirement of Real Estate Investment Trust (REITs) Details: No person would act as an online bond platform […]
Agri exports Subject :Economy Context: India’s agriculture exports are growing, and could hit a new high this fiscal. Details: India’s agriculture exports have grown 16.5% year-on-year in April-September 2022-23 and are set to surpass the record $50.2 billion achieved in 2021-22 (April-March). Interestingly, even commodities whose exports have been subjected to curbs — […]
General Network Access (GNA) Subject :Economy Context: The regulatory framework — called General Network Access (GNA) regulations — seeks to do away with predetermined point-to-point transmission access. Details: On December 16, the Central Electricity Regulatory Commission came out with a draft proposal to facilitate a regulatory framework for General Network Access (GNA) . […]
World Uncertainty Index Subject :Economy Context: The World Uncertainty Index and the Economic Policy Uncertainty (EPU) index indicate periods of high uncertainty. Concept: The World Uncertainty Index It is a quarterly measure of uncertainty—by the International Monetary Fund. It is a measure that tracks uncertainty across the globe by text mining the country […]