Rising Global Fuel Prices Subject – Economy Context – Impact on India with rising global fuel prices Concept – As the global recovery gains strength, the price of crude oil is nearing its highest level since 2018, while the price of natural gas and coal are hitting record highs amid an intensifying energy […]
Parliamentary panel to study petro products pricing and marketing Subject – Economy Context – Agreeing to the demand of Opposition parties, the Parliamentary Standing Committee on Petroleum and Natural Gas has decided to examine the pricing, marketing and supply of petroleum products, including natural gas Concept – Agreeing to the demand of Opposition […]
Global Ranking Of Pension Systems Subject – Economy Context – India fares poorly in global ranking of pension systems Concept – Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a global study done by Mercer Consulting validates this fear as […]
Negative Real Rates Subject – Economy Context – The Reserve Bank of India in its latest monetary policy review has projected retail inflation to be at 5.3 per cent for 2021-22 Concept – The Reserve Bank of India in its latest monetary policy review has projected retail inflation to be at 5.3 per […]
Energy efficiency needs a policy charge Subject – Economy Context – India’s Energy Conservation Act has recently completed 20 years Concept – India’s Energy Conservation Act, which recently completed 20 years, under which the Bureau of Energy Efficiency (BEE) was set up, has implemented quite a few programmes and regulations. Some of these […]
Stagflation Subject – Economy Context – Premature tightening may lead to stagflation: RBI report Concept – The Reserve Bank of India (RBI) has cautioned that premature tightening of the monetary policy could bring about the stagflation — slow growth and high level of unemployment and inflation — that “all fear, quashing growth just […]