From a student to Professor and now a business professional, my journey has been an exciting one. What began as an interest in high school, pervaded into a desire to understand the funda behind the very world we live in. This led me to pursue a BA Honors course in economics. Through my curriculum, I […]
Continue ReadingThe collapse of Silicon Valley Bank in the United States triggered a panic not only in its home country’s financial system but also in several other countries where many bank stocks had to bear the burnt as their shares plunged to lower levels. Last Thursday, the investors and depositors tried to withdraw a whopping $ […]
Continue ReadingAccording to the official data released by the Ministry of Commerce and Industry, the annual rate of inflation based on all India Wholesale Price Index (WPI) is provisionally estimated to be 4.73 per cent in the month of January 2023 as compared to February 2022 (year on year basis). It was lower than 4.95 per […]
Continue ReadingThe Reserve Bank of India has increased the repo rate by 25 basis points in its Monetary Policy, February, 2023. As the repo rate has increased from erstwhile 6.25 per cent to 6.50 per cent, the standing deposit facility (SDF) rate has correspondingly been adjusted to 6.25 per cent and the marginal standing facility (MSF) […]
Continue ReadingThe Union Budget is being hailed as a budget that ticks all boxes of growth and welfare while still keeping the fiscal deficit as low as 5.9 per cent of the Gross Domestic Product (GDP). It has been prepared with a vision to make India a super power in the Amrit Kaal. It is indicative […]
Continue ReadingAccording to the recently released Economic Survey, the Indian economy has been able to sustain severe external shocks such as Covid19 syndrome, Russia-Ukraine war and policy induced inflation that posed severe challenges to the global economy in the financial year 2022-23 as is reflected through its performance indices. India became the world’s fifth largest economy, measured in […]
Continue ReadingRecently, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation released the First Advance Estimates (FAE) of National Income for the financial year 2022-23 at both Constant (2011-12) and Current Prices along with the corresponding estimates of expenditure components of the Gross Domestic Product (GDP). The First Advance Estimates of GDP, were introduced […]
Continue ReadingThe Financial Stability Report, December 2022 released by the Reserve Bank of India presents a very detailed account of the kind of challenges the Indian economy is faced with on account of the current global scenario of continued war in Europe and retaliatory sanctions and the resurgence of the Covid 19 pandemic syndrome with new […]
Continue ReadingIn its Monetary Policy Statement dated December 7, 2022, The Reserve Bank of India (RBI) has increased the policy repo rate under the liquidity adjustment facility (LAF) by 35 basis points from existing 5.90 percent to 6.25 percent. ‘’Policy Rate” means the rate for repo-transactions as specified under sub-section (12AB) of section 17 of the […]
Continue ReadingRecently the SEBI has made an important change in the methods of appointment and removal of independent directors in listed companies through an amendment in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) vide its notification dated 14.11.2022. The amendment has been made in sub-regulation 2(A) of […]
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