What is crypt jacking- the cyber attack carried out by crypto miners? Subject :Economy Section: Agriculture Context: ‘Cryptojacking’ attacks on computer systems have gone up by 30% to 66.7 million in the first half of 2022 compared to the first half of last year, according to a report by SonicWall, a US-based cybersecurity […]
The economics of the US Economy Subject: Economy Section: National income Context: Since March, the Fed has steadily pushed up the targeted Federal Funds Rate (FFR) from zero to almost 2.5% now. Implications: Curb Inflation- by raising the cost of borrowing (the interest rate), the Fed hopes to reduce overall demand in the […]
Legal meteorology and GST Subject : Economy Section: Fiscal Policy Context: From July 18, a 5% Goods and Services Tax (GST) has been levied on several food items and grains that are sold in a pre-packed, labelled form even if they are not branded. Details: Earlier GST levy was limited to branded food […]