Rising trend of bank financing for non-banking financial companies (NBFCs) Subject :Economy Section: Monetary Policy The rising trend of bank financing for non-banking financial companies (NBFCs) has raised concerns about the potential for systemic contagion, prompting the need for tighter preventive measures, as emphasized by the Centre for Advanced Financial Research and Learning […]
Tariff and Non-Tariff Barriers – Steel Sector – India Subject :Economy Section: External Sector India’s Vulnerability to Imports: According to Dilip Oommen, CEO of ArcelorMittal Nippon Steel India, India is highly vulnerable to imports, particularly in the steel sector. He emphasized the need for trade barriers as a safeguard against the rising influx […]
About National Coal Index (NCI) Subject :Economy Section: Msc The National Coal Index (NCI) has observed a slight increase of 3.83 points, reaching 143.91 in September 2023, marking the first surge since April 2023. This upturn can be attributed to the temporary escalation of coal prices in the global markets. The upward movement […]
IMF warns Europe against prematurely declaring victory over inflation Subject: Economy Section: Inflation The European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth, the International Monetary Fund (IMF) said on Wednesday, warning against premature celebration […]
SEZ Policy and issues in India Subject: Economy Section: External sector Government’s Focus on SEZs: Commerce Minister Piyush Goyal is exploring ways to relax certain restrictions for Special Economic Zone (SEZ) units to promote growth. There is a proposal to allow SEZ units to sell products in the domestic market without import duties. […]