Special Economic Zone Subject: Economy Context: As many as 1,096 units were registered during the last three years in various SEZs across the country, while 336 units exited during the period Concept: A special economic zone (SEZ) is an area in a country that is subject to different economic regulations than other regions within the same country. […]
Renewable Energy Profile of India Subject: Economy Context: Amid some continuing challenges for developers, there is cheer on the renewable energy front as the new capacity addition during the first quarter of this fiscal hit a historic high. Concept: During April-June 2021 period, the renewable energy sector added new capacity of 2,522 MW, […]
Global Survey on Digital and Sustainable Trade Facilitation Subject: Economy Context: India has substantially improved its score on a trade facilitation survey conducted by the United Nations for a total of 143 countries, Concept: The survey is conducted every two years by UNESCAP and includes an assessment of 58 trade facilitation measures covered […]
Series A, B and C funding Subject: Economy Context: Agnishwar Jayaprakash, founder and CEO of Garuda Aerospace, was in for a very pleasant surprise on Tuesday morning when he realised that Elon Musk had liked his tweet on Garuda’s new Surya drone that could potentially clean solar panels at Singapore’s new floating solar […]
IPO Subject: Economy Context: In the upcoming listing, up to 10% of the IPO issue size will be reserved for LIC policyholders, who can also look forward to a discount. The LIC (Amendment) Rules, 2021 say that any reservation made by the Corporation in favour of its policyholders on a competitive basis in […]
Primary market Subject: Economy Context: The floodgates for primary market issuances are now open in GIFT City with the International Financial Services Centres Authority (IFSCA) coming out with a comprehensive listing framework that will enable Indian and foreign issuers to issue and list securities on GIFT IFSC platform. Concept: A primary market is […]
Commercial paper Subject: Economy Context: Commercial paper issuance is picking up steam among Indian corporates and a growing number of domestic firms are turning towards these short-term debt instruments to meet their working capital needs even as riskaverse banks continue to sit on a huge liquidity. Concept: According to RBI data, the monthly […]
Call options Subject: Economy Context: The selling of call options has reached a fever pitch hitting a new record this week, indicating low possibility of a sharp market crash. The pace of trading in index options is seen as a barometer of stock market sentiment. Concept: Call options are financial contracts that give […]