Firm to monetise CPSE land assets Subject – Economy Context – Fin Min to seek Cabinet nod to set up firm to monetise some CPSE land assets Concept – The finance ministry will soon move the Cabinet to seek approval for setting up a company for transfer and subsequent monetisation of land and […]

    IMF Quota Subject – Economy Context – Experts call for review of IMF role, data integrity, completing quota reforms Concept – The IMF is a quota-based institution. Quotas are the building blocks of the IMF’s financial and governance structure. An individual member country’s quota broadly reflects its relative position in the world economy. […]

    Bond yields trend higher despite softer inflation Subject – Economy Context – Bond yields trend higher despite softer inflation Concept – Benchmark yield closed marginally higher this week despite positive inflation data even as rising crude prices, higher US treasury yields and domestic liquidity factor take precedence. During the monetary policy, the Reserve […]

    Liberalised Remittance Scheme (LRS) Subject – Economy Context – Outward remittances under LRS rose 31% Concept – Outward remittances under the Liberalised Remittance Scheme (LRS) for individuals rose about 31 per cent year-on-year (yoy) in July 2021 to $1.31 billion, mainly on the back of increase in expenses towards studies and travel, according […]

    Higher tariff value on edible oils Subject – Economy Context – Higher tariff value on edible oils to lower benefit of cut in import levies Concept – After lowering import levies, the Finance Ministry has upped the tariff value for edible oils. This means the benefit of lowering duty for retail prices will […]

    Structural problems fuelling the coal crisis Subject – Economy Context – The Centre and States have recently been locking horns over the shortage of coal and power supply Concept – The sudden surge in demand for power as the economy recovered from the pandemic, heavy rains in coal bearing areas, coupled with global […]

    Recovery in Employment Subject – Economy Context – recovery in employment may lag the recovery in GDP Concept – IMF has been in the news for unveiling its second World Economic Outlook (WEO). Twice every year — April and October — the IMF comes out with its WEO. The WEO reports are significant […]

    Bitcoins Subject – Economy Context – Supply of Bitcoins limited to 21 million Concept – Bitcoin, like gold, cannot be mined forever. Its supply is capped at 21 million. Thebitcoin mining processprovides bitcoin as reward,but the size is decreased periodically to controlthe circulation of new tokens. Less than 3 million Bitcoins are yet […]