RBI Tightens Norms for Lenders Investing in AIFs: Key Points Subject :Economy Section: Monetary Policy Objective: The Reserve Bank of India (RBI) has tightened norms for lenders investing in Alternative Investment Funds (AIFs) to address concerns related to evergreening of stressed loans. Concerns Addressed: The central bank aims to curb transactions involving the […]

    Reconstitution of National Start-up Advisory Council Subject :Economy Section: National Income The National Start-up Advisory Council (NSAC) has been reconstituted by the Indian government. 31 non-official members have been nominated for the NSAC, representing various stakeholders in the startup ecosystem. Non-official members include founders of successful start-ups, veterans with experience in scaling companies, […]

    A.P., Gujarat, T.N. named ‘achievers’ in Centre’s logistics report Subject : Economy Section: Infrastructure Context: As many as 11 States and two Union Territories, including the coastal States of Andhra Pradesh, Gujarat, Karnataka, Tamil Nadu; landlocked States Haryana, Punjab, Telangana, Uttar Pradesh; North Eastern States Assam, Sikkim, Tripura  and UTs Chandigarh, Delhi have […]

    Govt. allows use of cane juice, B ­molasses to make ethanol Subject : Economy Section: Infrastructure Context: In a U ­turn, the Centre reversed its decision to ban the use of sugarcane juice for making ethanol as it allowed utilisation of the juice as well as B­-heavy molasses to produce the green fuel […]

    If inflation is not tamed, there is risk to consumption and growth Subject: Economy Section: Inflation and unemployment Context: November’s resurgence in headline retail inflation, while clearly not unexpected after the RBI just last week predicted a likely ‘uptick’, is a stark reminder of the risks volatile food prices pose. More about News […]