Category: Uncategorized

The Indian economy continues to show resilience as per the Second Advance Estimates (SAE) of National Income released by the National Statistical Office (NSO) recently. It has continued to perform impressively amid several challenges posed to it in the domestic as well as global economy. The real GDP or GDP at Constant (2011-12) Prices in […]

The Union Budget of India has presented a unique 3D combination of forces to achieve the goal of a developed India – Demography, Democracy, and Diversity. These three words are having their own dictionary meanings which can be interpreted differently in relation to any sovereign nation. But there is an effort to find a unique […]

In a recent update on the World Economic Outlook, the IMF has opined that the risks to global growth are broadly balanced and there seems to be a possibility of soft landing. According to the IMF, the global growth rate is estimated to be around 3.1 percent for the year 2024 and 3.2 percent in […]

Recently, the NITI Aayog has released a Discussion Paper on National Multidimensional Poverty Index based on National Family Health Surveys 4 (2015-16) and 5 (2019-21). MPI uses the internationally acclaimed Alkire Foster methodology with the difference that it is based on 12 indicators whereas global MPI covers 10 indicators. According to the report, Multidimensional poverty […]

The Sensex and Nifty 50 have scaled impressive heights setting a new record of continuous positive gains for 8 consecutive years. The earlier record was set in the year 1994 with a streak of consecutive gains starting from 1988. This time it is considered as impressive because despite heightened geo-political odds, tight monetary policy regimes, […]

As per the official data released by the government, the Indian economy grew at 7.6% in the July-September quarter (Q2 of the year 2023-24), beating estimates of a 6.8% rise for the quarter. Besides it has been the highest in the world in similar period. Considering that the growth rate achieved in the first half […]

Inflation continued to decrease in October coming up to its lowest level in last three months. Not only this, core inflation fell by around 200 basis points to a 43-month low from its recent peak in January 2023. The monetary policy has been proactively targeting inflation and it seems to be doing good to bring […]

Recently the IBBI has brought out a Discussion Paper (November 1, 2023) on the proposed changes in the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Process) Regulations, 2016 (CIRP Regulations). CIRP is guided by principles of transparency, maximization of value, and fair treatment of all stakeholders involved. The idea is to […]

In a recent statement, the Reserve Bank of India (RBI) Governor has reaffirmed the central bank’s stance on banning crypto assets even as there seems to be a global trend emerging towards bringing them under the realm of regulations. A cryptocurrency is a digital currency, created by using encryption algorithms to be used both as […]

Global warming poses severe threats to the planet and human livelihoods The current year 2023 is projected to be recorded as the warmest year on record. Many countries have set climate goals like reducing greenhouse gas emissions to net zero level by the year 2050 and have taken a wide range of policy actions as […]