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 […]
Proposed Changes in the Legal Metrology Rules Context: The Department of Consumer Affairs, Legal Metrology Division has notified a draft amendment to the Legal Metrology (Packaged Commodities) Rules 2011. What is the proposed change? Department of Consumer Affairs after taking public comments including industries, […]
‘Teesta Delay Holding Up Hilsa Fish Supply to India’ For Prelims About Teesta River Teesta river is a tributary of the Brahmaputra which originates in the Tso Lhamo Lake near Chunthang, Sikkim and flows to West Bengal before entering Bangladesh and merging with Brahmaputra. Teesta […]
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 […]
Tapping Technology to Check Minor Mineral Plunder For Mains The need to monitor Mining industry The demand for minor minerals such as sand and gravel has crossed 60 million metric tons in India. It has become the second largest extractive industry on the planet, after […]