DAILY NEWS UPDATES- 02/06/2021

[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] India’s Market Capitalisation to GDP Ratio Hits a Decadal High India’s market capitalisation to GDP ratio hit a decadal-high of 103.47% as of March 31, suggesting that the equities are valued expensively because the market expects a …

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Online Coaching for Accounts & Economics for CBSE 11th, 12th & EPFO

Students of classes 11 and 12 can reach out to me for online tutoring in Accountancy and Economics. I will also launch a one-month Accountancy course in June specifically designed for people preparing for the EPFO examination. Why you should register? Interactive classes approach Focus on conceptual clarity Limited batch size Doubts solving Demo classes …

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How Bad is India’s Oxygen Crisis? What Steps have been Taken?

Introduction India is facing an acute Oxygen crisis in the backdrop of the raging COVID-19 pandemic. A few days ago, more than twenty patients died in Maharashtra due to Oxygen leakage. In Gujarat, five patients died as the Oxygen supply ran out. The same happened in Aligarh, Uttar Pradesh. The situation is dire, and the …

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COVID-19 Vaccination- Steps to Improve the Pace of the Programme

[Read this post to understand the factual background of India’s vaccination programme] [Note- From 1st April, 2021, everyone above the age of 45 is eligible to get the vaccine] The Government has capped the price of each vaccine dose at Rs. 250. Besides, only the Government can control the procurement of both the vaccines and …

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What’s happening between Google, Facebook, and Australia?- Explained

Australia has passed a law in the Parliament that if Google, Facebook, and other technology firms share news articles from media companies on their platform (Google search/ Facebook news feed, etc), they will have to pay these media companies a certain amount for the content they generate. At present, news publishers get only a fraction …

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