Capital-to-Risk (Weighted) Assets Ratio (CRAR) Subject – Economy Context – Srei firms found ever-greening NPAs, in payment default Concept – To know about CRAR, please click here. To know about ‘RBI supersedes boards of two debt-laden Srei companies’, please click here. To know about NPA and its classification, please click here. Ever-greening of […]
Baltic Exchange Subject – Economy Context – Spike in Baltic Exchange’s capsize index signals costlier coal shipments Concept – Coal-starved power stations received another shock as the capesize index, the main dry bulk sea freight index of The Baltic Exchange sailed past the 10,000 points mark, a first in more than 13 years, […]
PM MITRA parks Subject – Economy Context – Cabinet clears ₹4,445cr. textile parks Concept – The Union Cabinet approved the setting up of seven Mega Integrated Textile Region and Apparel (PM MITRA) Parks at an outlay of ₹4,445 crore. The mega parks scheme will include brownfield and greenfield projects, spread over five years. […]
India’s migrant construction workers Subject – Economy Context – The novel coronavirus disease (COVID-19) pandemic had widespread and devastating consequences to communities and enterprises in India and across the globe. However, the situation was particularly grim for the 453.6 million internal migrants in India, evidenced by the unprecedented ‘reverse migration’ witnessed during the […]
Foreign Exchange Management (Non-debt Instruments) Rules 2019 Subject – Economy Context – BPCL sale: Centre allows 100% foreign investment Concept – The Finance Ministry has added a new provision to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 to facilitate strategic disinvestment of Bharat Petroleum Corporation Limited (BPCL). Foreign investment up to 100 […]
100% FDI in telecom Subject – Economy Context – Centre allows 100% FDI in telecom via automatic route Concept – The government notified its decision to permit 100 per cent foreign direct investment (FDI) under the automatic route in the telecom services sector subject to certain conditions. Till now, only 49 per cent […]