GS-III

FPIs infuse Rs. 4,800 cr. in 5 sessions on lower oil

Rising rupee, GST receipts lift mood Foreign investors have pumped in almost Rs. 4,800 crore into the Indian capital markets in the last five trading sessions, after pulling out large sums in October, amid cooling global crude oil prices and rising rupee. The recent infusion comes following a net outflow …

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Behind India’s leap in ease of doing business

The rankings serve as a trusted ready-reckoner for foreign investors looking to invest in a country India’s leap in the World Bank’s Ease of Doing Business rankings this year has slipped under the radar, in the cacophony over demonetisation and the RBI-Centre spat. The country has, in fact, been one …

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A teacher who shaped economic policies

Free trade advocate T.N. Srinivasan passes away at 85 On Sunday in Chennai, India lost one of its notable economists with the passing of T.N. Srinivasan. Indian economists around the world joined the chorus of tributes and praise for the academic, whose publications and teachings made inroads into several important …

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Lend more to industry: Jaitley

‘It is the primary responsibility of the public sector banks, as also infra creation’ Finance Minister Arun Jaitley on Sunday asked public sector banks to step up lending to the industrial sector as it is their ‘primary responsibility,’ besides ‘partnering infrastructure creation’. Mr. Jaitley, who was addressing the Union Bank …

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RBI’s reserves belong to the Centre

From an accountant’s perspective, the govt. can rightfully stake a claim to the central bank’s surplus “Render unto Caesar the things that are Caesar’s and unto God the things that are God’s,” said Jesus. The Judean population of the time were evidently satisfied with the answer. But the RBI and …

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Pedal desks may reduce health risks

Pedal desks can help sedentary employees achieve their health goals, and lower the risk of diseases linked to physical inactivity, such as obesity, diabetes and heart disease, a study has found. Researchers from the University of Massachusetts Amherst in U.S. found that pedalling while conducting work tasks improved insulin responses …

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‘Gaja’ to bring rain for 2 days

System may intensify into severe storm in the next 24 hours The deep depression over the Bay of Bengal intensified into Cyclone ‘Gaja’ on Sunday. North Tamil Nadu and Puducherry are likely to get good rain on November 14 and 15, India Meteorological Department officials said. Named ‘Gaja’ by Sri …

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ISRO invites foreign ‘riders’ to Venus

Seeks experiment ideas from space agencies, universities and researchers An 18-month-old pitch for what could be the first Indian orbiter mission to Venus has just been refreshed and relaunched, opening it up now for international experiments. Tentatively marking the yet to be named ‘Mission Venus’ for mid-2023, the Indian Space …

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