Fiscal consolidation Sub: Eco Sec: Fiscal Policy Context: In a bid to provide maximum flexibility to growth, the government has tweaked its approach to fiscal consolidation. It no longer wants to fix a fiscal deficit target New approach: Government wants to focus more on reducing debt and thereby the fiscal deceit What is […]

    Allegations Against SEBI Chief Madhabi Puri Buch and the Adani Group Sub: Eco Sec: Monetary Policy Allegations by Hindenburg Research: Hindenburg Research, a U.S.-based short-seller, alleged that SEBI Chief Madhabi Puri Buch and her husband held investments in offshore funds connected to the Adani Group. These funds were allegedly used for trading in […]

    Overview of the Google Monopoly Antitrust Case and Its Impact on Consumers Sub: Eco Sec: National Income and Indian economy Background of the Case: Google lost a major antitrust case on August 5, 2023, brought against it by the U.S. Department of Justice (DOJ). The DOJ aimed to prove that Google held a […]

    Inflation Targeting and Monetary Policy Committee (MPC) Debates Sub: Eco Sec: Monetary Policy Repo Rate Debate: The repo rate has remained at 6.5% for an extended period, leading to a significant difference of opinion within the Monetary Policy Committee (MPC). Arguments for Rate Reduction: Proponents argue that high interest rates hamper investment by […]