Most Popular Current Affairs
CPI basket conceals the inflation picture
Why in the News?India's consumer price index (CPI) inflation rose to
4.81% in June 2023, higher than expectations but still below the RBI's upper
tolerance limit of 6%. The spike was driven by a less supportive base and a
surge in vegetable prices
Digital Payments System
Status of
Digital Payments System in India:·
UPI transactions leading among other digital
payment transaction methods o From June 2021
to April 2023: UPI Payments grew at a
Tax as an incentive
With India's GDP & Per capita Income showing an
upward trend, tax transparency is a mandate to achieve sustainable growth by
reaping benefits of the expanding economy.Adoption of Voluntary Tax
Transparency framework: 1.
Atal Pension Yojana & Rozgar Mela
Atal Pension Yojana1. Launched in 2015 to create a
universal social security system for all Indians, especially the poor, the
under-privileged and the unorganized sector workers.2. I
Uniform 28% GST on online gaming & its implications
Why in the news?The GST Council has decided to levy a uniform 28% GST on
Online gaming, casinos and horse-racing.What are the new changes?1. The 28%
taxation will be applicable on the entire face value of the bet. This
Corporate Buybacks
Why in the
News?The trend of
buyback of shares by the corporates started since 2022 with 58 listed companies
bought back shares worth Rs.50,000Cr. Companies such as Infosys, Wipro, L&T
have followed the suit.What is
Corporate Buyback?The Cor
New Data panel on Statistics in India
Why in the news?
● A new data panel on Statistics called
Standing Committee on Statistics(SCoS) has been formed replacing the earlier
Standing Committee on Economic Statistics (SCES)
●
Internationalization of Indian Rupee
What is
internationalization of rupee?Internationalization
is a process that involves increasing the use of the rupee in cross-border
transactions.Why is the US
dollar the most used international currency?1. Si
Global Minimum Corporate Taxation
Need for a Global Corporate tax?1. Post
Digitalisation and globalization, the existing global tax rules have become
outdated to optimally tax Multinational Enterprises their 'excess profits' and
prevent them from booking their profits i
Sovereign Green bonds
1. They are debt instruments in which
the issuer (issued by companies, countries and multilateral organisations) of
the green bond pledges to use its proceeds to finance projects that will have a
positive impact
Morgan Stanley Report on Indian Economy
Morgan
Stanley Report on Indian Economy· 10 transformational
changes that have happened in India over the last decade are now set to propel
the country to doubling per capita income, doubling export market share,
raising the share of
What is Beta?
Prelims Special–
What is
Beta?
· Beta is
relevant risk metric that measures the relative volatility or market risk of
a security or portfolio compared to the market as a whole. In finance, the
beta (β or ma
Evergreening of loans
Evergreening of loansSource-RBI governor
Shaktikanta Das cautions against evergreening of loans: Are banks, corporates
still window-dressing loans?Q. Why in Next/Context :Reserve Bank of India Governor Shaktikanta Das raised concerns over
banks ad
RBI’s ‘Lightweight’ Payments System for emergencies
RBI’s ‘Lightweight’ Payments System for
emergencies· The Reserve Bank of
India (RBI) has conceptualised a lightweight payment and settlements system,
which it is calling a “bunker”
equivalent of digital payments, which
What are Biofuels?
What are Biofuels?
QUESTION
What are Biofuels?
Discuss the government’s efforts for promoting its uses. (250 words, 15
marks)
Introduction:
· Biomass can be
conv
UN UNDP’s 2023 Gender Social Norms Index (GSNI)
Prejudices against women didn’t reduce in last decade; 90% people still hold
gender bias:UN UNDP’s
2023 Gender Social Norms Index (GSNI) Q. Parameters used in GSNI?· UNDP tracked people’s
attitudes towards
IRDAI eyes insurance push in rural areas with BimaVahak
IRDAI eyes insurance push in rural areas with BimaVahak· IRDAI’s plan to
improve insurance awareness and penetration in the hinterland is all set to
gain momentum with the insurance regulator issuing draft guidelines for BimaVahak, a dedicate
Sovereign Gold Bond Scheme 2023-24
· The Government of
India, in consultation with the Reserve Bank of India, has decided to issue
Sovereign Gold Bonds (SGBs) in tranches as per the calendar specified below:· The SGBs
Shanan project
· As the tussle between Punjab and Himachal Pradesh continues over the 99-year-old lease of the British-era 110 Mega Watt (MW) Shanan Hydropower Project situated in Himachal Pradesh’s Jogindernagar, the Himachal Pr
NITI Aayog’s annual ‘health index’
NITI Aayog’s annual ‘health index’Q. What is
this index?· The
annual health index, which measures the performance of states and UTs on a “weighted composite score incorporating 24
health performance indicators”, w
