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Wednesday, October 29, 2025
TopicFSDC

Topic: FSDC

India needs a financial crisis agency to handle impact of Covid and future disasters

The Financial Stability and Development Council was set up by the Indian govt to safeguard against crises, but its non-statutory status poses major limitations.

Nirmala Sitharaman chairs first FSDC meeting since Covid-19 outbreak, reviews economy

The 22nd meeting of the FSDC held via video conferencing assumes a greater significance as the economy is expected to contract by 5 per cent according to some estimates.

Housing finance regulator NHB comes in for tougher oversight to prevent liquidity crisis

With visible signs of stress among housing finance companies, the NHB’s inclusion in FSDC will aid better information sharing among regulators.

On Camera

Russia’s super-missile test shows a new, expensive technological race—with dire outcomes

The test raises a question. Why have Russian nuclear strategists now invested in the Burevestnik, when the US abandoned nuclear ramjet propulsion in 1964?

Karnataka, Telangana, TN, Maharashtra power 40% of services output, pan-India growth uneven—NITI Aayog

Report on India's services sector examines state-level dynamics, maps disparities and suggests ways to tap into the sector’s potential.

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.