How bond yield in US affect India Subject: Economy Context: With the US Federal Reserve increasing interest rates aggressively to curb inflationary pressures, the yield on US 10-year bonds surged to 4.163%. Concept: What is yield in the context of a bond? Yields are the returns from investing in a bond. A bond’s […]
A peek into India’s Toshakhana Subject: Economy Context: In the last few years, the number of items that Toshakhana received has been going down. Details: As per the Ministry of External Affairs-between January 2019 and April 2022, Toshakhana received 2,036 items, that cumulatively have a value of ₹7.76 crore. The repository received around 768 […]
End of lock-in period Subject: Economy Context: The share price of India’s 11 new-age tech companies, including Nykaa, Paytm is likely to be under pressure as $14 billion worth of locked-in shares in these companies will be available to be sold in the market. Details: Leading investors who had made pre-IPO bets are […]
WTO AND ENVIRONMENT Subject: Economy Context: The WTO may serve as an appropriate forum for discussions on opening up trade in environmental goods and services according to the World Trade Report 2022: Climate Change and International Trade. Details: The Elimination of tariffs and reduction in Non-tariff measures on a specific subset of environmental […]
Tax: GDP and Revenue foregone Subject: Economy Context: Bibek Debroy has suggested that given the huge resource gap, Citizens should be willing to pay higher taxes or settle for reduced delivery of public goods and services. Details: Bibek Debroy highlighted that the total tax GDP ratio comes to 15 per cent even as […]
Polycrisis Subject: Economy Context A new word, ‘polycrisis’, has entered the academic and policy lexicon to describe the multiple anxieties that have enveloped the world over the past 30 months. Concept: Polycrisis: It was first used by former European Commission president Jean-Claude Junker to describe Europe’s combustible situation in 2016 which combined indebtedness […]