ON THE FRONT FOOT
Why in news? The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided at a meeting to keep the interest rates unchanged in the wake…
VIRAL ECONOMIES
Why in news? The global economy appears headed for uncharted, troubled territory because of the second wave of the coronavirus that has now spread to countries as far apart as Nigeria and…
REIMAGINING OUR ECONOMIC CHOICES
Introduction to our choices The COVID-19 pandemic will reshape all our economic choices. Nations have made a crucial choice in recent weeks, choosing human life over economic growth….
MAKING THE PRIVATE SECTOR CARE FOR PUBLIC HEALTH
As the battle against COVID-19 continues in India, it is unclear how well prepared the healthcare system is in dealing with the pandemic. There exist resource constraints at…
FPI SALES AT A RECORD HIGH AS VIRUS SPOOKS MARKETS
Why in news? Foreign portfolio investors (FPIs), who have been the prime drivers of every bull run that the Indian capital market has seen till date, have been…
OIL SURGES ON HOPE OF ECONOMIC STIMULUS
Why in news? Oil prices surged by around 8% on 10th March 2020, a day after the biggest rout in nearly 30 years as investors eyed the possibility…
DICGC: RELEVANCE IN THE WAKE OF YES BANK ISSUE
Deposit Insurance and Credit Guarantee Corporation (DICGC) Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned subsidiary of Reserve Bank of India. It was established on…
YES BANK PLACED UNDER MORATORIUM BY RBI TILL APRIL 3
Why in news? The government has put private sector lender Yes Bank under moratorium till April 3 and capped deposit withdrawal at ₹50,000 after severe deterioration of the…
BOND YIELDS DECLINE ON EXPECTATION OF RATE CUT
Why in news? There is a growing expectation in the domestic market that the Reserve Bank of India will be cutting the repo Rate after the U.S. Federal…
CUT IN BUDGETARY ALLOCATION WILL JEOPARDISE TOURISM: HOUSE PANEL
Why in news? The Finance Ministry’s move to cut down the budgetary allocation for the Tourism Ministry in the 2019 financial year will ‘seriously jeopardise’ the targeted tourism…