Commodities in super cycle
Context: An across-the-board rise in global commodity prices is leading to input cost pressures and is a growing concern, as it is not only expected to have a…
Back in the shortage economy: Covid-19 Impact
Context: We have been witnessing shortages of almost everything needed to treat COVID-19 patients: hospital beds, drugs, ventilators and, above all, oxygen. India is once again the focus…
NITI Aayog and Mastercard report on e-Commerce
Context: NITI Aayog and Mastercard released the ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’ report on digital financial inclusion in India. Relevance: GS-III: Indian Economy…
Indian offshore model to dominate IT sector
Context: Analysis said that IT markets are picking up to such a degree that both the U.S. and Europe are running out of critical skills, and with this,…
Why RBI wants moderate bond yields?
Context: The yield on the 10-year benchmark 5.85%, 2030 bond fell by 0.62% and closed at 5.978% (compared to 6.01% on the previous day). The Reserve Bank of…
A lending hand by the RBI
Context: Various measures aimed at alleviating any financing constraint for those impacted, including the health-care sector, State governments and the public were announced by the Reserve Bank of…
SC and HC on Oxygen Supply and GST
Context: Oxygen concentrators received as gifts or ordered online from overseas would attract Goods and Services Tax (GST), but the GST rate payable was reduced from 28% to…
Covid impact: Avg. monthly income for workers drops
Context: According to ‘State of Working India 2021: One Year of Covid-19’, a report brought out annually by Azim Premji University’s Centre for Sustainable Employment, Bengaluru – the…
RBI steps in to ease COVID-19 burden
Context: With India’s economic recovery threatened by the COVID-19 second wave, the Reserve Bank of India stepped in with measures aimed at alleviating any financing constraints for healthcare…
IRDAI pitches for Model Insurance Villages
Context: At a time when the Covid pandemic is raging across the country, the Insurance Regulatory and Development Authority of India(Irdai) has come out with the concept of…