The WTO’s dispute settlements mechanism is all but dead

Headline : The WTO’s dispute settlements mechanism is all but dead Details : In News: The World Trade Organization’s (WTO’s) dispute settlement mechanism is on the brink of collapsing.   About: World Trade Organisation (WTO) In 1948, the General Agreement on Tariffs and Trade (GATT) came in as an ad hoc and provisional mechanism to enableContinue reading “The WTO’s dispute settlements mechanism is all but dead”

About: Purchasing Manager Index (PMI) and It’s significance

Headline : Manufacturing PMI improves Details : In News: The Nikkei India Manufacturing Purchasing Managers’ Index rose in November from October, indicating an increase in manufacturing activity November. About: Purchasing Manager Index (PMI) The Nikkei India Manufacturing PMI is based on data compiled from monthly survey responses by purchasing managers in more than 400 manufacturing companies, on various factors that represent demand conditions.Continue reading “About: Purchasing Manager Index (PMI) and It’s significance”

About: Core Industries, Index of Industrial Production (IIP), Core sectors and their weights in their 40.27% contribution to the calculation of IIP

Headline : Core sector output falls 1st time in 4 yrs Details : The News: The eight core sectors reported their worst decline in at least eight years, shrinking 5.8% in October. The fall is the sharpest since the start of the new data series using 2011-12 as the base year. About: Index of Industrial ProductionContinue reading “About: Core Industries, Index of Industrial Production (IIP), Core sectors and their weights in their 40.27% contribution to the calculation of IIP”

India can learn agri-policy lessons from China Editorial 25th Oct’19 FinancialExpress

Headline : India can learn agri-policy lessons from China Editorial 25th Oct’19 FinancialExpress Details : India and China have similar challenges in agriculture: India and China are the most populous countries in the world, having a population size of 1.35 billion and 1.39 billion, respectively, in 2018. With limited arable land [about 120 million hectare (m ha)Continue reading “India can learn agri-policy lessons from China Editorial 25th Oct’19 FinancialExpress”

IMF members delay quota changes, agree to maintain funding

Headline : IMF members delay quota changes, agree to maintain funding Details : In News Members of the International Monetary Fund (IMF) have agreed to maintain its funding at $1 trillion but postponed changes to its voting structure. Highlights of the deal The deal will allow an extension of non-permanent, supplementary sources of funds, such as the NewContinue reading “IMF members delay quota changes, agree to maintain funding”

Explained: Why interest rates aren’t falling

Headline : Explained: Why interest rates aren’t falling Details : Context for the article: This article explores why, despite significant repo rate cuts by the RBI, the interest rates in the banking system are not falling much. Rate cuts by the RBI: Since February, the Reserve Bank of India (RBI) has aggressively cut the repo rate.Continue reading “Explained: Why interest rates aren’t falling”

What impact will the thundershowers, hailstorm have on rabi crop?

Headline : What impact will the thundershowers, hailstorm have on rabi crop? Details : The topic Recently, there was heavy rainfall and hailstorms in the many areas of northern India. This articles assesses the impact of heavy rainfall and hailstorms on rabi crops. Background In early February, the National Capital Region, Punjab, Haryana, parts of Uttar PradeshContinue reading “What impact will the thundershowers, hailstorm have on rabi crop?”

MicroCredit Vs MicroFinance

Headline : Explained: What ails the existing microcredit model Details : In News Studies suggest that the existing systems of microcredit have a limited impact on the long-term wellbeing of the recipients. Telegram: https://t.me/MrunalsEconomy           www.UpscExpress.com About: Microcredit Microcredit refers to the granting of very small loans to impoverished borrowers. Rationale Loans givenContinue reading “MicroCredit Vs MicroFinance”

Fintech committee recommends new legal framework for consumer protection

Headline : Fintech committee recommends new legal framework for consumer protection Details : In News: A panel on issues related to financial technology (fintech) has recently submitted its recommendations to the Finance Ministry. The committee has suggested putting in place a comprehensive legal framework to protect consumers of digital services. What Is Financial Technology (Fintech)? Financial technology (Fintech)Continue reading “Fintech committee recommends new legal framework for consumer protection”

Deceleration in economy: Cyclical downswing, not a deep structural slowdown, says RBI

Headline : Deceleration in economy: Cyclical downswing, not a deep structural slowdown, says RBI Details : In News The Reserve Bank of India has released its annual report for the year 2018-19. The report confirms that several sectors are undergoing a deceleration in the economy. However, it states that the deceleration could turn into cyclical downturnContinue reading “Deceleration in economy: Cyclical downswing, not a deep structural slowdown, says RBI”