Domestic Systemically Important Banks

The Reserve Bank of India (RBI) has retained State Bank of India, ICICI Bank and HDFC Bank as Domestic Systemically Important Banks (D-SIBs) or banks that are considered as “too big to fail”. Key Points Systemically Important Banks (SIBs): Some banks, due to their size, cross-jurisdictional activities, complexity, lack of substitutability and interconnectedness, become systemically important. SIBs are perceived as banks that are ‘Too Big

Shadow Entrepreneurs

There has been a global rise of shadow entrepreneurship, in various sectors such as education (certificates), finance (for easy loans), the betting economy (online games) and healthcare (e-pharmacies). Key Points About: Shadow entrepreneurs are individuals who manage a business that sells legitimate goods and services but they do not register their businesses. This means that they do not pay tax, operating in a shadow economy where business activities are performed outside the

Carbon Sequestration

There has been increasing investments to develop technology in the field of Carbon Sequestration and fight the menace of climate change. Key Points Need: As Global Warming accelerates and society continues to emit greenhouse gases, the idea is gaining of investing in artificial techniques of Carbon Sequestration. According to the Intergovernmental Panel on Climate Change, nations may need to remove between 100 billion

Open-RAN Architecture

Recently, Telecom Regulatory Authority of India (TRAI) Chairman said that use of Open-RAN (Radio Access Network) and software defined telecom networks will open new opportunities for Indian entities to enter into the network equipment market. Key Points About: Open-RAN is not a technology, but rather an ongoing shift in mobile network architecture that allows networks to be built using subcomponents from a

Desert Knight-21

Indian Air Force (IAF) and French Air and Space Force will conduct a bilateral Air exercise, Ex Desert Knight-21 at Air Force Station Jodhpur from 20 to 24th Jan 2021. Key Points The exercise is unique as it includes fielding of Rafale aircraft by both sides and is indicative of the growing interaction between the two premier Air Forces. Presently, the French detachment for Ex Desert Knight-21

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