Role of IBC and IBBI in Insolvency process of India Subject : Economy Section: Monetary Policy Significant Supreme Court ruling: Upheld the constitutionality of IBC provisions on Personal Guarantors’ Insolvency Resolution. Dismissed over 200 petitions: Challenged the legal validity of the IBC provisions related to personal guarantors’ insolvency. Decision Summary: Insolvency and Bankruptcy […]

    Food price shocks, a risk to inflation Subject: Economy Section: Monetary Policy Details: Even though CPI inflation has been projected at 5.4%for 2023-24by the Monetary Policy Committee(MPC), a moderation from6.7% in 2022-23,headline inflation remains vulnerable to recurring and overlapping food price shocks. Core inflation has also moderated by 170 basis points since its […]

    India’s monetary policy must remain ‘actively disinflationary’ Subject :Economy Section: Monetary Policy Context: In the current situation, RBI Governor said monetary policy must remain actively disinflationary to ensure that ongoing disinflation process progresses smoothly What is Disinflation? Disinflation is a decline in the rate of inflation. The inflation rate is declining over time, but […]