Challenges to Indian Migrant Workers Context: International Migrants Day, which is annually celebrated on December 18, requires to be viewed against the backdrop of the COVID19 pandemic’s unparalleled instability, which started in 2020. Along with this other event included the Taliban takeover of Afghanistan, Russia’s […]
GST Council Context: The Goods and Services Tax (GST) Council on Saturday clarified tax provisions on items ranging from fryums to sport utility vehicles (SUVs) to reduce disputes. It also approved decriminalisation of some offences but could not find the time to discuss half its […]
Remittances to India – 2022 Context: According to the World Bank’s most recent Migration and Development Brief, “Remittances Brave Global Headwinds,” remittances to India are expected to reach a record $100 billion in 2022. India received $89.4 billion in 2021, becoming the first nation to […]
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 […]
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 […]
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 […]
Competition (Amendment) Bill, 2022 Context: The long-awaited Bill to amend the Competition Act, 2002, was finally tabled in the Lok Sabha recently. About The Indian Competition Act was passed in 2002, but it wasn’t until seven years later that it actually took effect. Anti-competitive agreements, […]
Overseas borrowing, a double-edged sword? For Mains Ways for companies to earn Capital: Infuse excess earnings into the company through retained earnings. Dilute the stake of existing shareholders of the company by creating a rights issue to infuse equity capital into the firm. Borrow money […]