Investments to Manufacturing Sector Context: Recently, the finance minister Nirmala Sitharaman asked captains of industry what was holding them back from investing in manufacturing. She likened industry to Lord Hanuman from the Ramayana by stating that industry did not realise its own strength and that […]
India’s Trade Equation with China Context: India’s trade equation with China has been improving in recent years with outbound shipments rising faster than imports. What is the reason? This growth in this short period of time is driven by import of some of the key […]
Competition Commission of India Context: The Competition Commission of India has stated that Google’s various agreements with manufacturers, one of its major revenue-earning apps, Youtube, gained a significant edge over competitors in the online video hosting platforms market. The Competition Commission of India (CCI) has imposed […]
Economic Crisis in UK Context: The U.K. economy has veered dangerously toward free fall in recent weeks as Ms. Truss and Mr. Kwarteng fumbled their way through defining a clear economic strategy, while persisting with their stated goal of spurring economic growth in the post-Brexit […]
Private Investment in Indian Economy Context: In a recent meeting with India’s corporate leaders the finance minister raised concerns about sluggish corporate investment, despite the government’s business-friendly stance, including a reduction in the corporate tax. About: The Government of India in the year 2019 had taken […]
Significance of Semiconductor Chips Context: The semiconductor chips are becoming vital part of the world and is bound to shape the lives of people around the world. Critical sectors such as defence, telecom, electronics and mobility are hugely impacted by the chip shortage. Every message […]
Corporate Social Responsibility (CSR) Context: There were 2,926 companies in 2020-21 with zero spend on CSR while companies spending less than the prescribed limit of 2% rose from 3,078 in 2015-16 to 3,290 in 2020-21. There was also a decline in the number of companies […]
India’s Services Sector Context: India’s services sector stuttered in September as new business and output growth grew at the slowest pace since March, as per the S&P Global India Services Purchasing Managers’ Index (PMI), which eased to 54.3 from August’s robust 57.2 level. Background: India’s […]
World’s First CNG Terminal’ at Bhavnagar Context: The Prime Minister has laid the foundation stone for the “world’s first CNG (Compressed Natural Gas) terminal” at Bhavnagar in Gujarat How it originated? A consortium made up of the London-based Foresight Group, the Mumbai-based Padmanabh Mafatlal Group, […]
Vande Bharat production to begin in Oct.: Minister For Prelims About Vande Bharat Express: Vande Bharat Express is an indigenously designed and manufactured semi high speed, self-propelled train that is created as the next major leap for the Indian Railways in terms of speed and […]