Recently Supreme Court lifted the ban on Cryptocurrency trading, but the government is set to bring a bill that will ban cryptocurrencies and set up an infrastructure to issue a state-owned cryptocurrency and digital rupee. This news is related to the topic: Government policies of GS 2 and the Indian economy of GS 3. Details about cryptocurrency can be important for prelims, whereas issues, need and significance can be important for mains.
In the present era of globalisation and open international trade, a nation is dependent on other nations for exchange of goods and raw materials. Indian economy adopted the LPG reforms during 1991 which led to [Read More]
As fuel demands are falling and global margins for refining are weak the Indian refiners are reducing crude processing and shutting units for maintenance. The article highlights the drop in demand in oil due to [Read More]
In definition, a Ponzi scheme is an investment plan that lacks a reliable source of income or profits to provide “returns” to investors. Old investors receive returns from fresh investments that are made on a [Read More]
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