Agrarian crisis: Landholding recedes by 1/3rd, loans swell for farm households, finds NABARD survey Sub : Eco Sec: Agri Context: The latest All India Rural Financial Inclusion Survey (NAFIS) 2021-22 by the National Bank for Agriculture and Rural Development (NABARD) highlights key trends among rural farming families in India. This is NABARD’s second […]
India’s Regulatory Reforms to Accelerate Homecoming of IPO-Bound Startups Sub: Eco Sec: Capital Market Streamlined Reverse Flip Merger Process: Reserve Bank of India (RBI) has scrapped a time-consuming compliance step for foreign-based companies performing a “reverse flip” merger with a domestic subsidiary. The process time has been reduced from 12-18 months to approximately […]
RBI Proposes New Repository to Address Climate Risk Data Gaps Sub : Eco Sec: Monetary Policy Introduction of RB-CRIS: The Reserve Bank of India (RBI) has proposed a new data repository called the Reserve Bank – Climate Risk Information System (RB-CRIS). The repository aims to bridge the existing gaps in climate-related data for […]
RBI Holds Rate at 6.5% and Shifts Policy Stance to ‘Neutral’ Sub : Eco Sec: Monetary Policy RBI Maintains Benchmark Rate: The Reserve Bank of India (RBI) has held the benchmark interest rate at 6.5% for the 10th consecutive monetary policy review since April 2023. This decision indicates stability in monetary policy while […]
Interest Rates Set to Ease: Impact on Borrowers and Savers Sub : eco Sec: Monetary Policy Global Rate Reduction Trends: Globally, central banks like the U.S. Federal Reserve and the European Central Bank are reducing interest rates. The Reserve Bank of India (RBI) has not committed to a rate cut yet, but widespread […]
India’s energy demand to triple by 2050 Sub: Eco Sec: Infrastructure Context: India’s GDP growth is 7%, and power demand has risen by over 8% this year. India is now the third-largest power market globally. Energy demand in India is expected to triple by 2050, making the country a crucial investment destination. India’s […]