Foreign Investment Subject – Economy Context – Allegation going around that foreign e-commerce marketplaces indulge in “capital dumping”. Concept – Foreign investment involves capital flows from one country to another, granting the foreign investors extensive ownership stakes in domestic companies and assets. Foreign investment denotes that foreigners have an active role in management […]
Reverse Repo Normalisation Subject – Economy Context – The State Bank of India’s economic research team believes the stage is set for a reverse repo normalisation, given that the Triparty Repo Dealing and Settlement (TREPS) and call money rates are ruling higher than the reverse repo rate Concept – Normalisation means raising the […]
Disinvestment of Air India Subject – Economy Context – Tata takes over Air India Concept – The first attempt to conduct a strategic sale of the airline was made in 2001 during the NDA regime, when Atal Vihari Vajpayee was the Prime Minister. At that point, the government of the day wanted to […]
Separation of the post of Chairperson and Managing Director Subject – Economy Context – Over a third of top-500 firms yet to split MD and chair roles Concept – Over a third of the top 500 companies by market cap are yet to comply with SEBI’s requirement to split the post of chairperson […]
Strategic and Non-strategic Sectors Subject – Economy Context – Panel under NITI CEO to identify CPSEs in non-strategic sector for privatisation, closure Concept – Strategic Sector: Bare minimum presence of the public sector enterprises and remaining to be privatised or merged or subsidiarized with other CPSEs or closed. Following 4 sectors to come […]
Importance of fiscal consolidation Subject – Economy Concept – What is fiscal deficit? Fiscal deficit is the excess of total disbursements from the consolidated fund of India, excluding repayment of debt, over total receipts into the fund (excluding debt receipts) during a financial year. Simply put, it is the amount the government spent […]
Securities Transaction Tax (STT) Subject – Economy Context – STT collections already 57% higher than Budget Estimate for full FY22 Concept – To know about Securities Transaction Tax (STT), please refer September 2021 DPN.