K-Shaped Economic Recovery

Recently, the latest readings of the Nomura India Normalization Index (NINI) suggested the impact of Covid-19 on Indian Economy and the K-Shaped Recovery through which the Indian Economy is recovering. Nomura Services India Private Limited (Nomura Holdings Inc) is a consumer services company. Key Points Effect of Covid-19 on Households: Households at the top of the pyramid are likely to have seen their

India’s Trade Deficit with China

The trade deficit, between India and China, declined to a five year-low of 45.8 billion USD in 2020, the lowest since 2015. Trade Deficit: A trade deficit is an amount by which the cost of a country’s imports exceeds its exports. Key Points Bilateral Trade in 2020: Two-way trade in 2020 reached 87.6 billion USD, down by 5.6% from 2019, according to new figures from China’s

Semeru Volcano of Indonesia

Recently, Semeru volcano erupted in Indonesia’s East Java province. Other volcanoes, such as the Merapi volcano (Java) and Sinabung volcano (Sumatra), also erupted recently. Key Points Semeru Volcano: Semeru – also known as “The Great Mountain” – is the highest volcano in Java and one of the most active. It previously erupted in December, 2019. Indonesia, with the maximum number of active volcanoes in

5G Technology

Recently, the Department of Telecommunications (DoT) has sought inputs from telecom companies and other industry experts on the sale and use of radio frequency spectrum over the next 10 years, including the 5G (Fifth Generation) bands. Key Points Features of 5G Technology: Millimeter wave spectrum: The 5G networks will operate in the millimeter wave spectrum (30-300 GHz) which have the advantage of

Government’s Disinvestment Plans

Recently, the Ministry of Finance has extended the bidding deadlines for the strategic disinvestment of Pawan Hans by a month, citing logistical challenges faced by interested bidders due to the Covid-19 pandemic. Pawan Hans Limited is a helicopter service company based in New Delhi. It is a Mini Ratna-I category Public Sector Undertaking. Key Points Background: Government’s Disinvestment Target for 2020-2021: Government plans to raise

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