RBI EXTENDS LIQUIDITY WINDOW FOR HEALTHCARE TOPIC: Economy Context- The Reserve Bank of India (RBI) on Thursday proposed to extend the term liquidity facility of ₹50,000 crore offered to emergency health services by three months till June 30. Last year in May, RBI had announced an on­ tap liquidity window of ₹50,000 crore, […]

    RBI’s POLICY RATES TOPIC: Economy Context- Signalling that the country is not yet ready for a monetary tightening or a hike in interest rates, the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday kept key policy rates – Repo rate, Reverse repo rate and the Bank rate […]

    SOVEREIGN GREEN BONDS TOPIC: Economy Context- Despite govt’s climate focus, grants to key adaptation fund are sliding. The Union Budget 2022-23 emphasised sovereign green bonds and thematic funds for blended finance in areas including climate action. Concepts- Sovereign Green Bonds: Green bonds, issued through the Reserve Bank of India, will be part of […]

    HALLMARKING OF GOLD JEWELLARY & ARTEFACTS TOPIC: Economy Context- The Bureau of Indian Standards (BIS), Chennai region, has increased drawing of market samples to check the conformity to mandatory hallmarking of gold ornaments and Hallmark Unique ID (HUID) in jewellery. Concept- BIS Hallmarking Scheme: Bureau of Indian Standards (BIS) Hallmarking Scheme was launched […]

    CENTRE’S NEW RULES FOR IMPORT OF DRONES TOPIC: Economy Context- The Centre has banned the import of drones with some exceptions. The move is aimed at giving a boost to domestic manufacturing of drones which is seen as a sector that is set to witness rapid growth this decade. The Budget proposed the […]

    CROWDING OUT OF PRIVATE INVESTMENT TOPIC: Economy Context- Public borrowing won’t crowd out private investment: Finance Minister Nirmala Sitharaman urged industry to step up investments and expand capacities, asserting that worries about high public capital spending and borrowings crowding out private investments were misplaced. Concept- Crowding out effect: A situation when increased interest […]

    BUY NOW PAY LATER TOPIC: Economy Context- The ease of access to credit has made BNPL the most preferred product among GenZ consumers, young millennials, new to credit borrowers, who were often underserved or overlooked by traditional banks. Concept- What is Buy Now, Pay Later Buy Now Pay Later or BNPL, as it […]