by Team Spectrum Books | Dec 24, 2023 | Economy
The Securities and Exchange Board of India (SEBI) has proposed the introduction of an Investor Risk Reduction Access (IRRA) platform in case of disruption of trading services provided by the trading member (TM) in December 2022. This platform was recently introduced...
by Team Spectrum Books | Dec 9, 2023 | Economy
The Green Energy corridor is a network of infrastructural projects designed to integrate India’s traditional national grid with the power produced from renewable energy sources such as solar, wind, and hydro. Power Grid Corporation of India Limited (PGCIL) conducted a...
by Team Spectrum Books | Dec 9, 2023 | Economy
The surge in consumer credit has been the major cause of the increase in unsecured loans. The Reserve Bank of India has expressed its concern over this matter and mentioned (in July 2023) that the retail loans had grown almost twice the pace of overall credit growth...
by Team Spectrum Books | Nov 15, 2023 | Economy
Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM AJAY) was formed by merging three existing schemes, namely, PMAGY (Pradhan Mantri Adarsh Gram Yojana), SCA to SCSP (Special Central Assistance to Scheduled Castes Sub Plan), and BJRCY (Babu Jagjivan Ram Chhatrawas...
by Team Spectrum Books | Nov 8, 2023 | Economy
The Indian Tea Association (ITA), which is one of the frontline bodies of the Tea Planters Association, was founded in 1881. The association has contributed towards the development and growth of the industry coordination with the Tea Board of India. ITA member gardens...
by Team Spectrum Books | Nov 1, 2023 | Economy
A compulsorily convertible debenture (CCD) is a type of bond that has a specified time by which the entire value of the debenture must be converted into shares. CCDs are an essential means of financing on which businesses rely to raise funds. In corporate finance, a...
