Defence Indigenisation Subject: Economy Section: National Income Capital procurement of defence equipment are undertaken from various domestic as well as foreign vendors, based on threat perception, operational challenges and technological changes so as to keep the Armed Forces in a state of readiness and to meet the entire spectrum of security challenges. Defence […]

    How has Daniel Kahneman’s work in psychology withstood the test of time? Subject: Economy Section: Msc Context: Daniel Kahneman (passed away on March 27, 2024) was a psychologist who spent a large part of his career at Princeton University. He did some of his best-known work with Amos Tversky, a mathematical psychologist who […]

    Rating agencies oligopoly should be dismantled: CEA Subject: Economy Section: External Sector Context: The oligopoly of the three global rating agencies, Moody’s, Standard & Poor, and Fitch, needs to be dismantled Concept: What is credit rating? A credit rating is a quantified assessment of the creditworthiness of a borrower in general terms or […]

    Securities and Exchange Board of India (SEBI) – commented on high P/E ratio Subject: Economy Section: Capital Market   Securities and Exchange Board of India (SEBI), commented on the high price-to-earnings (PE) ratio in the Indian capital markets. Despite the expensive valuation, SEBI noted that overseas investors are still attracted to the Indian […]