Climate risk discussion paper by the Reserve Bank of India Subject : Economy RBI’s paper on climate action has suggestions worthy of adoption. About the discussion paper: The paper highlights gaps in the way climate change as a material risk is treated by India’s banks. It diligently elucidates: Physical climate impact risks. It […]
Broken rice export Subject: Economy The Indian government’s ban on exports of broken rice will eliminate its trade that had increased 53 per cent last year, the US Department of Agriculture (USDA). Details: Broken rice exports accounted for nearly 20 percent (first half of 2022) and 10% (2021) of the total rice exports. […]
Major and minor ports Subject: Economy India has 12 major ports and 212non-major ports. Most of the non major ports are small fishing harbours and only a few of them cater to international shipping. Major ports figure in the Union List and come under the jurisdiction of the Central government. Non-major ports are […]
Investments bogged down by rising capital cost, easing competitive pressure Subject :Economy Context: Private equity and venture capital investments slipped to 19-month low in August. PE/VC investment in India plunged 83 per cent year-on-year to $2.2 billion ($11 billion) across 83 deals last month, according to the IVCA-EY monthly round-up. It is down […]
Inflation Subject :Economy Since January 2022, rural retail inflation has never been lower than urban numbers in the country. Details: In 2021, rural inflation was higher than urban inflation just once in 2021, (May 2021) and for eight months in 2020. West Bengal showed the highest inflation rate at 8.94 per cent. Rural […]