India’s Proposal on Moratorium on Customs Duties for E-Transmissions Subject: Economy Section: External Sector Background: The moratorium on customs duties for e-transmissions has been receiving temporary extensions at the World Trade Organisation (WTO) since 1998. India aims to redefine the scope and definition of this moratorium, particularly regarding digitized goods like e-books, e-music, […]

    Shrinking Board Sizes and Corporate Governance: Key Insights Subject: Economy Section: Financial market and money market Trend in Board Size: In recent years, corporate boards are facing scrutiny over governance issues, leading to a trend of shrinking board sizes. A new report by Excellence Enablers, backed by former SEBI Chairman M Damodaran, reveals […]

    Banking Crisis Aftermath: Considerations for Strengthening Banking sector Subject: Economy Section: Monetary Policy Background: A banking crisis involving Credit Suisse occurred a year ago. Government-sponsored rescue of Credit Suisse and U.S. bank salvages in March 2023. Current Situation: Regulators and lawmakers are beginning to address concerns. Top global financial watchdog warned Switzerland to […]

    EV policy paves way for Tesla entry Subject: Economy Section: Infra The Union government of India has announced a new Electric Vehicles (EV) policy that includes a significant reduction in import duties for certain electric vehicles. This move is aimed at encouraging global EV manufacturers, such as Tesla, to invest in setting up […]

    Competition Commission of India (CCI) Orders Probe Against Google Subject: Economy Section: Msc The Competition Commission of India (CCI) has initiated a probe against Google regarding its User Choice Billing (UCB) system, finding it to be prima facie anticompetitive. Background: The CCI order comes after four entities approached the CCI, alleging that Google’s […]