Devas-Antrix deal Subject – Economy Context – A 2005 satellite deal between Antrix Corporation — the commercial arm of the Indian Space Research Organisation (ISRO) – and Devas Multimedia Pvt Ltd, a start-up headquartered in Bengaluru, is at the heart of a global legal tussle between the Indian government and foreign investors in […]

    Predatory Pricing Subject – Economy Context – Predatory pricing is prising Indian livelihoods apart Concept – Predatory pricing is the illegal act of setting prices low to attempt to eliminate the competition. Predatory pricing violates antitrust laws, as it makes markets more vulnerable to a monopoly. Consumers may benefit from lower prices in […]

    Fiscal Discipline Subject – Economy Context – Fiscal discipline, digital economy must be the policy focus: Ruchir Sharma Concept – Fiscal Discipline refers to a state of an ideal balance between revenues and expenditure of government, in an economy. If the fiscal discipline is not maintained, then the government expenditure exceeds government receipts. […]

    Open Network for Digital Commerce (ONDC) Subject – Economy Context – ONDC components, including dynamic pricing to help cut cost of doing biz: DPIIT Secy Concept – Open Network for Digital Commerce (ONDC) is a network based on open protocol and will enable local commerce across segments, such as mobility, grocery, food order […]