Have you ever wondered . When your smart phone`s screen gets damaged and you want to get a replacement. The new screen cost you about 65% to even more than cost of mobile and you wonder how can this be possible. You would be amazed to know this is due to just one term Inverted …
Inverted Duty Structure | How cost of mobile Phone spare parts can be more than it ? Read More »
Tax to GDP ration in India is one of the lowest in the growing economies . Then it would not be wrong to say India is “a tax non-compliant society and too many people evade taxes”. Here we are not becoming pessimistic but we need to acknowledge the ground realities. The fact is that …
Courtesy- Money Control In India ,People are very skeptical about inflation or say “mahegai“. They tend to have their own standard on deciding the general inflation rates that affect them directly. They general measure inflation in terms of change in retail prices of basic commodities from a earlier price they were comfortable with. Well , …
Indian Navy aspires to be “Blue Water” navy in order to materialize this upcoming dream. Indian Navy is undergoing rapid modernization & up-gradation of its weapon and platforms to develop world class capabilities. It views its dominance in Indian ocean very critical not only to secure vast coastline but also to secure maritime routes, …
Scorpene Class Submarines | Blue water Indian Navy Read More »
Background According to the Human Rights Watch Report 2017, the ethnic cleansing campaign in Myanmar has been on since June 2012. It has become the most serious and widespread form of violence against the Rohingyas. This has led to a large-scale exodus of the Rohingya population to neighboring countries with a significant influx of Rohingyas …
Can Indian government deport Rohingya refugees ? Read More »
Context: The Union Cabinet has approved the setting up of panel of ministers, to decide on consolidation proposals for Public sector banks Introduction: The Finance Ministry is ready to provide capital support for facilitating consolidation among state-owned banks, which are reeling under mounting bad loans With this, the government seeks to …
Merger of Public Sector Banks in India Explained Read More »
Context: The Union Cabinet chaired by Prime Minister Narendra Modi approved a new metro policy for expanding and regulating metro rail services in cities across India. Introduction: This is the first such policy prepared by the union since metro rail operations began in Delhi in 2002 Presently, metro projects with a total length of 370 …