Unified License Agreement Subject – Economy Context – Citing security, Centre asks phone firms to keep call records for two years Concept – The Department of Telecommunications (DoT) has amended the Unified License Agreement asking telecom and Internet service providers as well as all other telecom licensees to maintain commercial and call detail […]
Convergence Energy Service (CESL) Subject – Economy Context – CESL to roll out ₹1,800-crore subsidy scheme for e-buses Concept – Convergence Energy Services Limited (CESL) is a newly established subsidiary of state-owned Energy Efficiency Services Limited, itself a joint venture of public sector companies under the Ministry of Power, Government of India. CESL […]
Resolution of Financial Institution Subject – Economy Context – In recent years, resolution of troubled financial institutions has attracted considerable attention in India especially after the failure of YES Bank, PMC Bank and some prominent NBFCs. Concept – At present, India lacks a special resolution regime or a comprehensive policy/law on bankruptcy, exclusively, […]
Repo Rate Subject – Economy Context – ‘Policy support key to sustain recovery’ Concept – With Real interest rates (interest rate minus inflation rate) turning negative, and erosion in the returns of savers, a large section of bankers say the Monetary Policy Committee (MPC) of the RBI— scheduled to meet August 4-6 — […]
K-Rail SilverLine Project Subject – Economy Context – The Kerala Government faces severe resistance at several places as it begins laying survey stones for the 530-km SilverLine semi-high speed rail corridor Concept – The project entails building a semi high-speed railway corridor through the state linking its southern end and state capital Thiruvananthapuram […]
NSE Prime Subject – Economy Context – The National Stock Exchange (NSE) has launched a new corporate governance initiative – ‘NSE Prime’ Concept – The National Stock Exchange (NSE) has launched a new corporate governance initiative – ‘NSE Prime’, a framework that prescribes higher standards of corporate governance for listed companies than those […]