Category: Economics Current Affairs

Limited Purpose Clearing Corporation: The Securities and Exchange Board of India (SEBI) put in place a dispute resolution mechanism for Limited Purpose Clearing Corporation (LPCC) to settle disputes and claims arising out of transactions cleared by it. It is an entity established to undertake the activity of clearing and settlement of repo transactions. The mechanism […]

The Olkiluoto 3 Reactor: Europe’s most powerful nuclear reactor, The Olkiluoto 3 reactor has completed its test phase in Finland. The Olkiluoto 3 reactor is an EPR (European Pressurized Water Reactor). It is the first new-generation EPR, or European Pressurized Reactor, plant to have gone online in Europe. It is located in Finland and built […]

Stablecoins: The United States Congress recently made an attempt to create a legislative framework for the increasingly popular stablecoins. Stablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument. Stablecoins aim to provide an alternative to the high volatility of the most popular cryptocurrencies, including Bitcoin (BTC). […]

Solar Energy Corporation Of India Limited: The Solar Energy Corporation of India Limited (SECI) has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) Solar Energy Corporation of India is the primary implementing agency of the Ministry of New and Renewable Energy, Govt. of India for Renewable Energy schemes/projects. It was established […]

Unified Portal Of The Central Bureau Of Narcotics: The Unified Portal of the Central Bureau of Narcotics was launched recently. Central Bureau of Narcotics is a central government organization dealing with the international trade of Narcotic Drugs, Psychotropic Substances, and Precursor Chemicals under the ambit of various United Nations Conventions and the provisions of the […]

Festival Of Innovation And Entrepreneurship (FINE) 2023: The Festival of Innovation and Entrepreneurship (FINE) 2023, organized by the National Innovation Foundation, discussed ways to raise the profile of India’s innovation and entrepreneurship eco-system, which is inclusive, the third largest in the world, and an inspiration to many countries National Innovation Foundation was founded in  2000. […]

Dabba Trading : NSE National Stock Exchange (NSE) issued a string of notices naming entities involved in “dabba trading”. Dabba Trading is a form of informal trading that takes place outside the purview of the stock exchanges. In this practice, traders bet on stock price movements without incurring a real transaction to take physical ownership […]

India’s Retail Inflation Rate: India’s retail inflation rate declined to 5.66%, below the Reserve Bank of India’s (RBI) upper target of 6% in March 2023, primarily due to a decrease in food prices, especially for vegetables. Core inflation, which excludes food and fuel prices, was at 5.95% in March, down from 6.12% in February. The […]

National Career Service Portal: Around 35.7 lakh vacancies have been reported by employers on the National Career Service portal during the year 2022-23 compared to around 13 lakh vacancies in 2021- 22. National Career Service portal is one of the mission-mode projects under the umbrella of the E-Governance Plan. It was launched in the year […]